About TechLand Systems
TechLand Systems is an Energy & Utilities company based in Bhubaneswar (India) founded in 2015, and was acquired by York Research in April 2017. It operates as a solar-powered products are manufactured by TechLand Systems in India. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its competitors include Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
TechLand Systems was founded in 2015 and is based in Bhubaneswar, India. Operations focus on the production of solar-powered products within the renewable energy sector. Manufacturing processes are centered on developing and assembling devices that utilize solar technology. The companys domain, techlandsys.com, supports its online presence. Activities are conducted primarily from the Indian location, with an emphasis on sustainable energy solutions for various applications.
- Headquarters Bhubaneswar, India
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website techlandsys.com
- Acquired by York Research (Apr 2017)
- Annual Revenue$11.95 K (USD)52as on Mar 31, 2022
- Net Profit-$920.04 (USD)39as on Mar 31, 2022
- EBITDA-$870.97 (USD)38as on Mar 31, 2022
- Investors
- Acquired byYork Research
(Apr 2017)
Associated legal entities of TechLand Systems
TechLand Systems is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Techland Systems Private Limited CIN U51505OR2015PTC018935 | Active | 05 May 2015 | Bhubaneswar, Odisha | ₹3.6 Cr | 10 | 2 | View details |
| Techland Metals And Minerals Private Limited CIN U28999OR2017PTC027609 | Active | 05 Sep 2017 | Bhubaneswar, Odisha | ₹0.1 Cr | – | 4 | View details |
Investors in TechLand Systems
TechLand Systems has secured backing from 1 investor. Prominent investors backing the company include York Research.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | yorkresearch.com | - |
Investor details for TechLand Systems
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Board of directors of TechLand Systems
The boards of the 2 registered companies of TechLand Systems currently have 4 directors; the longest-serving is Abhaya Kumar Pradhan, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhaya Kumar Pradhan DIN 07919184 | Director | 05 Sep 2017 | 9 yrs 1 mo | Techland Metals And Minerals Private Limited |
| Pradeep Kumar Ray DIN 07094079 | Director | 05 Sep 2017 | 9 yrs 1 mo | Techland Metals And Minerals Private Limited, Techland Systems Private Limited |
| Abhaya Kumar Routray DIN 07877384 | Director | 05 Sep 2017 | 9 yrs 1 mo | Techland Metals And Minerals Private Limited |
| Sunil Kumar Moharana DIN 07089837 | Director | 05 Sep 2017 | 9 yrs 1 mo | Techland Metals And Minerals Private Limited, Techland Systems Private Limited |
Financials of TechLand Systems
Figures of Techland Metals And Minerals Private Limited, the primary company behind TechLand Systems, for FY 2023. Revenue was ₹14.2 Lakh (+59% year on year). Net loss was -₹1.4 Lakh (-10% margin). EBITDA was -₹1.3 Lakh (-10% margin). Revenue has grown at a compounded annual rate of +6% over three years and +83% over five years.
- ₹14.2 LakhRevenue · FY 2023 · +59% YoY
- -₹1.4 LakhNet loss · -10% margin
- -₹1.3 LakhEBITDA · -10% margin
- ₹1 LakhPaid-up capital
- +6%Revenue CAGR, 3 years
- +83%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Techland Metals And Minerals Private Limited are on its company page.
Detailed financial statements for TechLand Systems
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Timeline of TechLand Systems
2 dated milestones of TechLand Systems across 2 years, from founding to its latest funding, stage changes and deals.
- Founded TechLand Systems is founded.
- Exit Acquired by York Research.
Competitors of TechLand Systems
TechLand Systems has 9 listed competitors in our database, 2 of them funded. They include Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | – | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | |
| servotech.in | 2004 | Delhi, India | – | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | |
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods | |
| sukam-solar.com | 1998 | Gurugram, India | $10.08M | 97 | Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | |
| hvrsolar.com | 2016 | Delhi, India | – | 59 | Manufactures solar panels, batteries, and modules for renewable energy solutions in India. | |
| gautamsolar.com | 1997 | Delhi, India | – | 19 | Manufactures solar modules and power plants with high-efficiency technology in India. | |
| ksolare.com | 2012 | Pune, India | – | 52 | Manufactures solar inverters and EV chargers for renewable energy solutions. | |
| dhashtec.com | 2017 | Bengaluru, India | – | 100 | Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels. | |
| kosolenergie.com | 2005 | Ahmedabad, India | – | 92 | Manufactures solar products, provides renewable energy systems, and offers EPC services internationally. |
Detailed competitors of TechLand Systems
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Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as TechLand Systems (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Techland Systems
Complete news archive for TechLand Systems
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Frequently Asked Questions about TechLand Systems
TechLand Systems was founded in 2015.
TechLand Systems is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Annual revenue of TechLand Systems is $11.95K as on Mar 31, 2022.
TechLand Systems was founded in 2015 and is based in Bhubaneswar, India. Operations focus on the production of solar-powered products within the renewable energy sector. Manufacturing processes are centered on developing and assembling devices that utilize solar technology. The companys domain, techlandsys.com, supports its online presence. Activities are conducted primarily from the Indian location, with an emphasis on sustainable energy solutions for various applications.
TechLand Systems's top competitors include Servoteh, Borosil Renewables and SuKam Solar.
TechLand Systems has 1 investor. Key investors include York Research.
TechLand Systems is associated with 2 legal entities: Techland Metals And Minerals Private Limited, Techland Systems Private Limited.
Yes. TechLand Systems was acquired by York Research in April 2017.
The legal entities of TechLand Systems currently have 4 directors, including Abhaya Kumar Pradhan, Pradeep Kumar Ray, Abhaya Kumar Routray and others.