About WBSEDCL
WBSEDCL is a company based in Kolkata (India) founded in 2007.. The company has 9,329 employees as of April 01, 2024. WBSEDCL offers products and services including Electricity Distribution and Bill Payment Services.
- Headquarter Kolkata, India
- Employees 9329 as on 01 Apr, 2024
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
- Legal Name West Bengalstate Electricity Distribution Company Limited
- Date of Incorporation 16 Feb, 2007
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$3.6 B (USD)0as on Mar 31, 2023
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Net Profit
$2.53 M (USD)0as on Mar 31, 2023
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EBITDA
$21.76 M (USD)0as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
9329
as on Apr 01, 2024
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Products & Services of WBSEDCL
WBSEDCL offers a comprehensive portfolio of products and services, including Electricity Distribution and Bill Payment Services. 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.
Electricity is distributed to consumers in West Bengal, covering residential and commercial needs.
Bill payments and receipts are managed online or through designated centers for electricity consumers.
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Funding Insights of WBSEDCL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by WBSEDCL
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WBSEDCL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wbsedcl Comparisons
Competitors of WBSEDCL
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wbsedcl
Frequently Asked Questions about WBSEDCL
When was WBSEDCL founded?
WBSEDCL was founded in 2007.
Where is WBSEDCL located?
WBSEDCL is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
How many employees does WBSEDCL have?
As of Apr 01, 2024, the latest employee count at WBSEDCL is 9,329.
What is the annual revenue of WBSEDCL?
Annual revenue of WBSEDCL is $3.6B as on Mar 31, 2023.
What does WBSEDCL do?
WBSEDCL is operated as the main electricity distribution entity in West Bengal, where services such as online bill payments, new connections, and complaint resolutions are offered to consumers. Emergency relief fund contributions are facilitated through various banking methods, and energy conservation initiatives are promoted. Industrial power procurement projects are handled under relevant electricity acts, ensuring efficient power supply across regions. Consumer awareness on fraud prevention is emphasized, with helpline support provided for queries.
What products or services does WBSEDCL offer?
WBSEDCL offers Electricity Distribution and Bill Payment Services.