About The Energy Company
The Energy Company is a company based in Bengaluru (India) founded in 2021 by Pratik Somani, Rahul Lamba, and Prashant Rathee.. The Energy Company has raised $3.39 million across 5 funding rounds from investors including Alstom, LetsVenture and We Founder Circle. The company has 1 employees as of April 04, 2024. The Energy Company offers products and services including FlexiPack, FlexiTwin, and Battery Aadhaar. The Energy Company operates in a competitive market with competitors including Exponent Energy, StoreDot, Verkor, Enevate and Ionblox, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 04 Apr, 2024
- Founders Pratik Somani, Rahul Lamba, Prashant Rathee
- Stage Minicorn
-
Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Encrate Private Limited
- Date of Incorporation 10 Dec, 2021
- Jurisdiction Nashik, Maharashtra, India
-
Annual Revenue
$15.56 K (USD)1193.99as on Mar 31, 2023
-
Net Profit
$-38 K (USD)-767.99as on Mar 31, 2023
-
EBITDA
$-69.11 K (USD)-1303.67as on Mar 31, 2023
-
Total Equity Funding
$3.39 M (USD)
in 5 rounds
-
Latest Funding Round
$2 M (USD), Seed
Feb 10, 2025
-
Investors
Alstom
& 39 more
-
Employee Count
1
as on Apr 04, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of The Energy Company
The Energy Company offers a comprehensive portfolio of products and services, including FlexiPack, FlexiTwin, and Battery Aadhaar. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performance battery for extended life and rapid charging.
AI tool for optimizing energy system performance and maintenance.
System for battery traceability and lifecycle management.
Funding Insights of The Energy Company
The Energy Company has successfully raised a total of $3.39M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $2.0M
-
First Round
First Round
(11 Aug 2022)
- Investors Count 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Seed - The Energy Company | Valuation | Siana Capital , Callapina |
|
| Jan, 2024 | Amount | Seed - The Energy Company | Valuation | LetsVenture , Z21 Ventures | |
| May, 2023 | Amount | Grant - The Energy Company | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Energy Company
The Energy Company has secured backing from 40 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Alstom, LetsVenture and We Founder Circle. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture fund management focusing on deep tech and science investments in India.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Investments are directed toward early-stage startups by Z21 Ventures.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by The Energy Company
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - The Energy Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Energy Company Comparisons
Competitors of The Energy Company
The Energy Company operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Exponent Energy, StoreDot, Verkor, Enevate and Ionblox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Rapid-charging technology for electric vehicles is developed and scaled.
|
|
| domain | founded_year | HQ Location |
Fast-charging lithium batteries for electric vehicles are developed and manufactured.
|
|
| domain | founded_year | HQ Location |
Lithium-ion batteries are manufactured for electric vehicles and storage.
|
|
| domain | founded_year | HQ Location |
Lithium-ion batteries are developed for advanced energy storage.
|
|
| domain | founded_year | HQ Location |
Manufacturer of lithium-ion batteries
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on The Energy Company
Frequently Asked Questions about The Energy Company
When was The Energy Company founded?
The Energy Company was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is The Energy Company located?
The Energy Company is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is The Energy Company a funded company?
The Energy Company is a funded company, having raised a total of $3.39M across 5 funding rounds to date.
How many employees does The Energy Company have?
As of Apr 04, 2024, the latest employee count at The Energy Company is 1.
What is the annual revenue of The Energy Company?
Annual revenue of The Energy Company is $15.56K as on Mar 31, 2023.
What does The Energy Company do?
Developer of AI-powered battery management and optimization systems. The company offers a unique digital identity for each battery, enabling comprehensive lifecycle tracking and data management. Its platform provides tools for performance tracking, lifecycle monitoring, and AI-driven optimization, enhancing battery life and predicting maintenance needs. Customizable battery solutions are available, and the system includes advanced battery management systems with adaptive AI and precise voltage measurement. A digital twin technology further optimizes performance and extends battery lifespan.
Who are the top competitors of The Energy Company?
The Energy Company's top competitors include Exponent Energy, StoreDot and Verkor.
What products or services does The Energy Company offer?
The Energy Company offers FlexiPack, FlexiTwin, and Battery Aadhaar.
Who are The Energy Company's investors?
The Energy Company has 40 investors. Key investors include Alstom, LetsVenture, We Founder Circle, 1Crowd, and Faad Capital.
What is The Energy Company's valuation?
The valuation of The Energy Company is $7.31M as of Jan 2024.