Power Exchange India Limited

Power Exchange India Limited is an energy company in Mumbai, India, founded in 2008. It has raised $76.5M across 1 round.

Headquarters
Mumbai
Employees
51–200
Founded
2008
Business Model
B2B
Total Funding
$76.5M
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 1 investor for this company. The full record is or through the API.

About

Power Exchange India Limited (PXIL), India's first institutionally promoted power exchange, has been providing innovative and credible solutions since 2008 and has revolutionized the way Indian power markets operate. PXIL is a power market infrastructure institution providing an electronic platform for transactions in power and allied products, with operations governed under the aegis of the Hon’ble Central Electricity Regulatory Commission (CERC). The exchange offers 12 products with contracts across 13 PAN India bidding regions, serving 5,191 clients with 77.94 billion units transacted.

Summary

It lists 51–200 employees. It has raised $76.5M in total across 1 round. Investors include Norwest Venture Partners.

Tech & App Stack

7 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Venture RoundVenture Round
$76.5M

Investors

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