About TSi Power
TSi Power is an Energy & Utilities company based in Vadodara (India) founded in 2011 by Rajesh Nandan Pande, Umesh Kumar, and Peter Nystrom. Voltage regulators and power-related equipment are manufactured by TSi Power. TSi Power has raised $216.58 thousand across 1 funding round from investors including TSI Power, Ashish Mittal and Smita Mittal. The company has 78 employees. TSi Power was last valued at $510.61 thousand in April 2012. Its Indian entity Tsi Power Private Limited reported revenue of ₹34.83 Cr. TSi Power offers products and services including Achal Static Voltage Stabilizer, Healthy Phase Selector-cum-Stabilizer, Neutral Provider-cum-Stabilizer, Deep Sag Corrector, and Transformers. Its focus areas include Energy Tech, Energy Efficiency Tech, Power Management Devices and Voltage Regulation.
Company details
TSi Power was established in 2011 in Vadodara, India, within the power equipment sector. Voltage regulators and associated power management devices are produced by the company. Operations are centered on manufacturing these components for industrial and commercial applications. The firm is co-founded by Rajesh Nandan Pande as managing director, Umesh Kumar, and Peter Nystrom, with activities based primarily in India.
- Headquarters Vadodara, India
- Employees 78
- Founders Rajesh Nandan Pande, Umesh Kumar, Peter Nystrom
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website tsipower.in
- Social LinkedIn
- Legal Name Tsi Power Private Limited
- Date of Incorporation 22 Feb, 2011
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹34.83 Cr
FY 2024 · +13% YoY
- Net Profit₹3.30 Cr
FY 2024 · 9% margin
- EBITDA₹4.90 Cr
FY 2024 · 14% margin
- Total Equity Funding$216.58K (USD)
in 1 rounds
- Latest Funding Round$216.58K (USD), Seed
Apr 2012
- InvestorsTSI Power
& 5 more
- Employee Count78
Associated legal entities of TSi Power
TSi Power operates through Tsi Power 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 |
|---|---|---|---|---|---|---|---|
| Tsi Power Private Limited CIN U31101GJ2011PTC108630 | Active | 22 Feb 2011 | Vadodara, Gujarat | ₹34.8 Cr | 78 | 4 | View details |
Products & Services of TSi Power
TSi Power offers a comprehensive portfolio of products and services, including Achal Static Voltage Stabilizer, Healthy Phase Selector-cum-Stabilizer, Neutral Provider-cum-Stabilizer, Deep Sag Corrector, and Transformers.
Real-time voltage correction for CNC and robotics applications.
Manages phase selection and stabilization for industrial use.
Provides neutral stability to prevent electrical issues.
Corrects voltage sags in power supply systems.
Supports step-up and step-down functions for various needs.
Funding Insights of TSi Power
TSi Power has successfully raised a total of $216.58K through 1 strategic funding round. The most recent funding activity was a Seed round of $216.58 thousand completed in April 2012. 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 $216,576
- Total Rounds 1
- Last Round Seed — $216,576
- First Round $216,576
(Apr 2012)
- Investors Count 6
All 1 funding rounds of TSi 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 |
|---|---|---|---|---|---|
| Apr 2012 | $216,576 | Seed | $510,614 | TSI Power |
Last known valuation $510,614 (Apr 2012). 6 investors in total: 1 institutional and 5 angel.
Investors in TSi Power
TSi Power has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include TSI Power, Ashish Mittal and Smita Mittal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Power quality enhancement products are manufactured by TSI Power. | 1998 | tsipower.com | Antigo, United States | |
AM Ashish Mittal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_c323c21a7dd347a1a | ||
SM Smita Mittal | unknown_d78e27ad591541409 | |||
AP Anita Pande | unknown_cab5e9911aa844438 | |||
UK Umesh Kumar | unknown_33e31a7bb7394127b | |||
RN Rajesh Nandan Pande | unknown_02f7c6bc64104e22b |
Investor details for TSi 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 Tsi Power Private Limited (TSi Power)
Tsi Power Private Limited is the primary company behind TSi Power. The board of Tsi Power Private Limited currently have 4 directors; the longest-serving is Rajesh Nandan Pande, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Nandan Pande DIN 01004475 | Director | 22 Feb 2011 | 15 yrs 8 mo | Tsi Power Private Limited |
| Umesh Kumar DIN 01905384 | Director | 22 Feb 2011 | 15 yrs 8 mo | Tsi Power Private Limited |
| Peter Sane Nystrom DIN 05205513 | Director | 01 Oct 2012 | 14 yrs | Tsi Power Private Limited |
| Ashish Mittal DIN 09752871 | Director | 04 Feb 2023 | 3 yrs 8 mo | Tsi Power Private Limited |
People of TSi Power
3 people are tracked at TSi Power (3 in leadership); the tracked headcount is 78.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for TSi 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 TSi Power
Figures of Tsi Power Private Limited, the primary company behind TSi Power, for FY 2024. Revenue was ₹34.83 Cr (+13% year on year). Net profit was ₹3.30 Cr (9% margin). EBITDA was ₹4.90 Cr (14% margin). Revenue has grown at a compounded annual rate of +12% over three years and +8% over five years.
- ₹34.83 CrRevenue · FY 2024 · +13% YoY
- ₹3.30 CrNet profit · 9% margin
- ₹4.90 CrEBITDA · 14% margin
- ₹97 LakhPaid-up capital
- 78Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tsi Power Private Limited are on its company page.
Detailed financial statements for TSi 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 TSi Power
2 dated milestones of TSi Power across 1 years, from founding to its latest funding, stage changes and deals.
- Founded TSi Power is founded.
- Funding First funding round of $217K.
Web traffic of TSi Power
The website of TSi Power (tsipower.in) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 20.9% vs previous month
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Frequently Asked Questions about TSi Power
TSi Power was founded in 2011 and raised its 1st funding round 1 year after it was founded.
TSi Power is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
TSi Power is a funded company, having raised a total of $216.58K across 1 funding round to date. The company's 1st funding round was a Seed of $216.58K, raised on Apr 2012.
TSi Power has 78 employees.
The primary company behind TSi Power, Tsi Power Private Limited, reported revenue of ₹34.83 Cr for FY 2024, up 13% year on year.
TSi Power was established in 2011 in Vadodara, India, within the power equipment sector. Voltage regulators and associated power management devices are produced by the company. Operations are centered on manufacturing these components for industrial and commercial applications. The firm is co-founded by Rajesh Nandan Pande as managing director, Umesh Kumar, and Peter Nystrom, with activities based primarily in India.
TSi Power offers Achal Static Voltage Stabilizer, Healthy Phase Selector-cum-Stabilizer, Neutral Provider-cum-Stabilizer, Deep Sag Corrector, and Transformers.
TSi Power has 6 investors. Key investors include TSI Power, Ashish Mittal, Smita Mittal, Anita Pande, and Umesh Kumar.
The valuation of TSi Power is $510.61K as of Apr 2012.
TSi Power operates through Tsi Power Private Limited.
The legal entities of TSi Power currently have 4 directors, including Rajesh Nandan Pande, Ashish Mittal, Umesh Kumar and others.