Indian Energy Exchange (IEX)

Leading India's sustainable energy transformation

General Information
Company Name
Indian Energy Exchange (IEX)
Founded Year
2008
Location (Offices)
Noida, India +1
Founders / Decision Makers
Number of Employees
203
Industries
Energy, Renewable Energy
Funding Stage
Post Ipo Equity
Social Media

Indian Energy Exchange (IEX) - Company Profile

Indian Energy Exchange (IEX) is leading India's sustainable energy transformation with its nationwide, state-of-the-art trading platform for physical delivery of electricity, green energy, and certificates, including renewable energy and energy efficiency. Founded in 2008, IEX has become India's premier energy marketplace, boasting a diverse participant base of 7,500+ located across 28 States and 8 Union Territories. This includes 60+ distribution utilities, 600+ conventional generators, 1,800+ RE generators, and 4600+ open access consumers who leverage the Exchange Platform to manage their power portfolio in the most competitive and efficient way.

The company operates in the Energy and Renewable Energy industries, playing a pivotal role in India's energy sector. Notably, its Post-IPO Equity investment at 10 July 2019 from TVS Capital Funds signifies a strong push towards the company's growth and evolution within the market. With a focus on sustainability and innovation, IEX continues to shape the energy landscape in India, positioning itself as a key player in the country's energy transition.

Taxonomy: energy marketplace, electricity trading, green energy, sustainable energy, power portfolio management, energy transformation, renewable energy generators, open access consumers, conventional generators, Indian Energy Exchange, trading platform, distribution utilities, Union Territories

Funding Rounds & Investors of Indian Energy Exchange (IEX) (4)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity Unknown 1 10 Jul 2019
Private Equity Round INR30.00B 5 Birla Sun Life Insurance, SBI Mutual Fund +1 07 Oct 2017
Private Equity Round Unknown 1 01 Sep 2014
Venture Round INR700.00M 2 30 Dec 2010

Latest News of Indian Energy Exchange (IEX)

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No recent news or press coverage available for Indian Energy Exchange (IEX).

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