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EdgeGrid - About the company

EdgeGrid is a seed company based in Hyderabad (India), founded in 2020 by Prasad Yerneni, Venkata Sunil Kumar Talla, Mushtaq Ahmed, Vamsi T P and Neeraj Sansanwal. It operates as a Network providing energy management solutions for commercial buildings and homeowners. EdgeGrid has raised $6M in funding from Lightrock, with a current valuation of *****. The company has 5 active competitors, including 1 that is funded. Its top competitors include companies like Power Xchange, GNA Energy and TLP Software.

Company Details

Network providing energy management solutions for commercial buildings and homeowners. It facilitates energy sharing and aims to reduce energy costs. The network enables users to link utility accounts, assess energy wastage, and implement smart meters. Users can earn income through energy efficiency and power consumption.
Social
XFacebook
Email ID
*****@edgegrid.com
Phone Number
+91 **********
Registered Address
Villa No.15, Aditya Casa Grande Survey No.155 & 156, Hyderabad, Gandipeta, Telangana, India, 500075
Key Metrics
Founded Year
2020
Location
Hyderabad, India
Stage
Seed
Total Funding
$6M in 1 round
Latest Funding Round
Post Money Valuation
***** as on Mar 24, 2022
Investors
Ranked
Annual Revenue
₹2.6Cr as on Mar 31, 2025
Employee Count
16 as on Aug 31, 2025
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EdgeGrid's funding and investors

EdgeGrid has raised a total funding of $6M over 1 round. Its latest funding round was a Seed round on Mar 19, 2022 for $*****. 3 investors participated in its latest round. EdgeGrid has 4 institutional investors.

Here is the list of recent funding rounds of EdgeGrid:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 19, 2022
9758641
Seed
3357380
3794980
9723703
7907434
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EdgeGrid's founders and board of directors

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Here are the details of EdgeGrid's key team members:

EdgeGrid's Board of Directors

EdgeGrid's board has 2 active members. Venkata Sunil Kumar Talla and Mushtaq Ahmed are part of team.
Here is the list of EdgeGrid's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 6m
Team
-
Current
4y 3m

EdgeGrid's employee count trend

EdgeGrid has 16 employees as of Aug 25. The total employee count is 50.0% lower than what it was in Aug 24. Here is EdgeGrid's employee count trend over the years:
Employee count trend for EdgeGrid
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EdgeGrid's Competitors and alternates

Top competitors of EdgeGrid include Power Xchange, GNA Energy and TLP Software. Here is the list of Top 10 competitors of EdgeGrid, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for EdgeGrid
EdgeGrid
2020, Hyderabad (India), Seed
Network providing energy management solutions for commercial buildings and homeowners
$6M
39/100
2nd
Logo for Power Xchange
Power Xchange
2024, Gurugram (India), Unfunded
Developer of a blockchain-based platform for peer-to-peer renewable energy trading
-
-
31/100
3rd
Logo for GNA Energy
GNA Energy
Gurugram (India), Unfunded
Operator of an over-the-counter platform for electricity and related services
-
-
30/100
4th
Logo for TLP Software
TLP Software
2010, Hauppauge (United States), Unfunded
Developer of software and hardware for retail energy enrollment solutions
-
-
19/100
5th
Logo for karbonx
karbonx
Hyderabad (India), Unfunded
Operator of a platform for peer-to-peer renewable energy trading
-
-
16/100
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EdgeGrid's Latest cap tables and shareholding

Founders (largest shareholder) own 69.63%, Funds own 29.63% and Other Investors own 0.73%. The net worth of EdgeGrid's founders is INR 88.7Cr as of Mar 24, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
69.63%
88.7Cr
1234139
2059529
6496098
3605101
7457024
5719199
2670573
1366023
1819539
3829694
5581924
3926743
3791754
3078373
7701061
8216390
2909968
8761593
6353021
4235342
6259664
8390265
Fund
29.63%
37.7Cr
3036485
3261546
9940464
9975425
2843408
1050302
3156800
7089749
6302594
2745315
Other Investors
0.73%
93.5L
0
0
0
0
Total
99.99%
127Cr
7722071
6712458
4513351
9218796
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of EdgeGrid's Shareholding

EdgeGrid's Investments and acquisitions

EdgeGrid has made no investments or acquisitions yet.

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