About Third Wave Power
Third Wave Power is an Energy & Utilities company based in Singapore (Singapore) founded in 2011 by V S Hariharan and Chuin Kiat Lim. It manufactures multi - type of solar products. Third Wave Power has raised $1 million across 3 funding rounds from investors including Frost & Sullivan, Prestellar Ventures and SPRING Singapore. The company has 11 employees. Its chief executive, as recorded, is V S Hariharan. Its Indian entity Third Wave Power India Private Limited reported revenue of ₹9.91 Cr. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its competitors include Maxeon Solar Technologies, SBI Offshore and SANDAV PACIFIC; 1 of its 3 listed competitors has raised funding.
Company details
mPowerpad manufactures portable multi-function solar charger. The company is backed by Small World Group Incubator and Spring Seeds Capital. The company also offers power chargers and emergency kits and other accessory.
- Headquarters Singapore, Singapore
- Employees 11
- Founders V S Hariharan, Chuin Kiat Lim
- SectorsEnergy & Utilities
- Website thirdwavepower.com
- Social LinkedIn X Facebook Instagram
- Legal Name Third Wave Power India Private Limited
- Date of Incorporation 06 Dec, 2017
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹9.91 Cr
FY 2024 · -14% YoY
- Indian entity net loss-₹1.17 Cr
FY 2024 · -12% margin
- Indian entity EBITDA-₹1.56 Cr
FY 2024 · -16% margin
- Total Equity Funding$1M (USD)
in 3 rounds
- InvestorsFrost & Sullivan
& 2 more
- Employee Count11
Associated legal entities of Third Wave Power
Third Wave Power operates through Third Wave Power India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Third Wave Power India Private Limited CIN U51909DL2017FTC326826 | Active | 06 Dec 2017 | New Delhi, Delhi | ₹9.9 Cr | 11 | 2 | View details |
Funding Insights of Third Wave Power
Third Wave Power has successfully raised a total of $1M across 3 strategic funding rounds. 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 $1M
- Total Rounds 3
- Investors Count 3
All 3 funding rounds of Third Wave Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2018 | Seed | – | – | ||
| Sep 2017 | $1M | Seed | – | Prestellar Ventures | – |
| Jul 2014 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Third Wave Power
Third Wave Power has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Frost & Sullivan, Prestellar Ventures and SPRING Singapore.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm investing in Asia and the Middle East | 2017 | prestellarventures.com | Singapore, Singapore | |
| spring.gov.sg | ||||
Provider of business management consulting services | 1961 | frost.com | San Antonio, United States |
Investor details for Third Wave Power
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Third Wave Power India Private Limited (Third Wave Power)
Third Wave Power India Private Limited is the primary company behind Third Wave Power. The board of Third Wave Power India Private Limited currently have 2 directors; the longest-serving is Vishnampet Sethuraman Hariharan, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishnampet Sethuraman Hariharan DIN 05352003 | Director | 06 Dec 2017 | 8 yrs 10 mo | Third Wave Power India Private Limited |
| Ramesh Tuli DIN 08790176 | Director | 15 Sep 2023 | 3 yrs 1 mo | Third Wave Power India Private Limited |
People of Third Wave Power
2 people are tracked at Third Wave Power (2 in leadership); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
V S Hariharan | Co-Founder & CEO | Leadership |
Chuin Kiat Lim | Co-Founder & CTO | Leadership |
Complete people profiles for Third Wave Power
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Third Wave Power
Figures of Third Wave Power India Private Limited, the primary company behind Third Wave Power, for FY 2024. Revenue was ₹9.91 Cr (-14% year on year). Net loss was -₹1.17 Cr (-12% margin). EBITDA was -₹1.56 Cr (-16% margin). Revenue has grown at a compounded annual rate of +401% over three years.
- ₹9.91 CrRevenue · FY 2024 · -14% YoY
- -₹1.17 CrNet loss · -12% margin
- -₹1.56 CrEBITDA · -16% margin
- ₹30 LakhPaid-up capital
- 11Employees (provident fund records)
- +401%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Third Wave Power India Private Limited are on its company page.
Detailed financial statements for Third Wave Power
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Third Wave Power
3 dated milestones of Third Wave Power across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Third Wave Power is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Competitors of Third Wave Power
Third Wave Power has 3 listed competitors in our database, 1 of them funded. They include Maxeon Solar Technologies, SBI Offshore and SANDAV PACIFIC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| maxeon.com | 2020 | Singapore | $200M | Solar powered products are manufactured for renewable energy applications. | ||
| sbioffshore.com | 1994 | Singapore | Solar powered products are manufactured by SBI Offshore. | |||
| sandav.com | 1999 | Singapore | Manufactures high-quality power generation equipment for industrial use. |
Detailed competitors of Third Wave Power
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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
Related news about Third Wave Power
Complete news archive for Third Wave Power
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Third Wave Power
Third Wave Power was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Third Wave Power is headquartered in Singapore, Singapore.
V S Hariharan is the CEO of Third Wave Power, as recorded in our data. They have also founded this company.
Third Wave Power is a funded company, having raised a total of $1M across 3 funding rounds to date.
Third Wave Power has 11 employees.
The primary company behind Third Wave Power, Third Wave Power India Private Limited, reported revenue of ₹9.91 Cr for FY 2024, down 14% year on year.
mPowerpad manufactures portable multi-function solar charger. The company is backed by Small World Group Incubator and Spring Seeds Capital. The company also offers power chargers and emergency kits and other accessory.
Third Wave Power's top competitors include Maxeon Solar Technologies, SBI Offshore and SANDAV PACIFIC.
Third Wave Power has 3 investors. Key investors include Frost & Sullivan, Prestellar Ventures, and SPRING Singapore.
Third Wave Power operates through Third Wave Power India Private Limited.
The legal entities of Third Wave Power currently have 2 directors, including Ramesh Tuli, Vishnampet Sethuraman Hariharan.