About TruePower
TruePower is an Energy & Utilities company based in Bengaluru (India) by Anantha Bhargava Gollapalli, Sandeep Musti, and Sunil Musti. It offers EV charging hardware, software, and apps for users and businesses. It operates on a B2B and D2C model. The company has 48 employees. Its Indian entity Enercent Technologies Private Limited reported revenue of ₹13.70 Cr. TruePower offers products and services including Aries 7kW Charger, Aries 11kW Charger, Aries 22kW Charger, CMS, and EV Mobile App. Its focus areas include Energy and Utilities, EV Technology, Charging Infrastructure and Station Management. Its competitors include Bolt.Earth, Charge Zone and Matter Energy; 3 of its 3 listed competitors have raised funding.
Company details
TruePower specializes in EV charging solutions, including hardware like Aries series chargers and software such as CMS and mobile apps. The company operates across India, serving EV owners, businesses, and partners by simplifying charging networks and promoting sustainable energy. They focus on reliable, accessible services through partnerships and user-friendly platforms to enhance electric mobility.
- Headquarters Bengaluru, India
- Employees 48
- Founders Anantha Bhargava Gollapalli, Sandeep Musti, Sunil Musti
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website gettruepower.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Enercent Technologies Private Limited
- Date of Incorporation 23 Aug, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹13.70 Cr
FY 2025 · +18% YoY
- Net Profit₹45.9 Lakh
FY 2025 · 3% margin
- EBITDA₹77.2 Lakh
FY 2025 · 6% margin
- Employee Count48
Associated legal entities of TruePower
TruePower operates through Enercent Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Enercent Technologies Private Limited CIN U72900KA2018PTC115642 | Active | 23 Aug 2018 | Bangalore, Karnataka | ₹13.7 Cr | 48 | 4 | View details |
Products & Services of TruePower
TruePower offers a comprehensive portfolio of products and services, including Aries 7kW Charger, Aries 11kW Charger, Aries 22kW Charger, CMS, and EV Mobile App.
Lightweight wall-mounted charger for efficient EV charging.
Compact charger with RFID functionality for versatile use.
Stylish charger offering RFID access for public and private settings.
Web-based dashboard for managing and optimizing charging networks.
App for finding, monitoring, and paying for EV charging services.
Customizable platform for branded EV charging experiences.
Apps and channels of TruePower
TruePower publishes 1 mobile app with over 1K+ downloads; its YouTube channel TruePower has 71 subscribers.
Board of directors of Enercent Technologies Private Limited (TruePower)
Enercent Technologies Private Limited is the primary company behind TruePower. The board of Enercent Technologies Private Limited currently have 3 directors; the longest-serving is Gulprit Singh, appointed in 2023. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gulprit Singh DIN 10192120 | Nominee Director | 30 Jun 2023 | 3 yrs 4 mo | Enercent Technologies Private Limited |
| Rakesh Gajanand Sharma DIN 09416935 | Director | 18 Oct 2023 | 3 yrs | Enercent Technologies Private Limited |
| Ashish Lodha DIN 06617851 | Director | 30 Jan 2024 | 2 yrs 9 mo | Enercent Technologies Private Limited |
People of TruePower
3 people are tracked at TruePower (3 in leadership); the tracked headcount is 48.
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder | Leadership | |
| ex-Co-Founder | Leadership | |
Sunil Musti | ex-Co-Founder | Leadership |
Complete people profiles for TruePower
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 TruePower
Figures of Enercent Technologies Private Limited, the primary company behind TruePower, for FY 2025. Revenue was ₹13.70 Cr (+18% year on year). Net profit was ₹45.9 Lakh (3% margin). EBITDA was ₹77.2 Lakh (6% margin). Revenue has grown at a compounded annual rate of +64% over three years and +162% over five years.
- ₹13.70 CrRevenue · FY 2025 · +18% YoY
- ₹45.9 LakhNet profit · 3% margin
- ₹77.2 LakhEBITDA · 6% margin
- ₹16.2 LakhPaid-up capital
- 48Employees (provident fund records)
- +64%Revenue CAGR, 3 years
- +162%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Enercent Technologies Private Limited are on its company page.
Detailed financial statements for TruePower
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.
Competitors of TruePower
TruePower has 3 listed competitors in our database, 3 of them funded. They include Bolt.Earth, Charge Zone and Matter Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bolt.earth | 2017 | Bengaluru, India | $29.61M | 134 | EV charging hardware, software, and maintenance services are offered. | |
| chargezone.co.in | 2018 | Vadodara, India | $97.79M | 142 | Electric vehicle charging stations and management software are provided. | |
| matterenergy.in | 2019 | Ahmedabad, India | $52.67M | 496 | Mobility, stationary, and customized energy storage products are provided. |
Detailed competitors of TruePower
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.
Web traffic of TruePower
The website of TruePower (gettruepower.in) receives about 6.9K visits a month.
- Monthly visits6.9K
▲ 395.3% vs previous month
Top companies in Power Transmission & Distribution
3 companies that operate in the same segment as TruePower (Power Transmission & Distribution) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Power distribution and secure services in Telangana. | 2014 | Hyderabad, Telangana, India | USD 5.41 B | 19,439 | ||
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Electricity transmission utility projects are developed in India. | 2010 | Mumbai, Maharashtra, India | USD 167.58 M | USD 603.94 M |
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Frequently Asked Questions about TruePower
TruePower is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
TruePower has 48 employees.
The primary company behind TruePower, Enercent Technologies Private Limited, reported revenue of ₹13.70 Cr for FY 2025, up 18% year on year.
TruePower specializes in EV charging solutions, including hardware like Aries series chargers and software such as CMS and mobile apps. The company operates across India, serving EV owners, businesses, and partners by simplifying charging networks and promoting sustainable energy. They focus on reliable, accessible services through partnerships and user-friendly platforms to enhance electric mobility.
TruePower's top competitors include Bolt.Earth, Charge Zone and Matter Energy.
TruePower offers Aries 7kW Charger, Aries 11kW Charger, Aries 22kW Charger, CMS, and 2 more products and services.
TruePower operates through Enercent Technologies Private Limited.
The legal entities of TruePower currently have 4 directors, including Gulprit Singh, Ashish Lodha, Kaustubh Vilas Rane and others.
Yes. TruePower publishes TruePower - EV Charging, with over 1,000 downloads.