Indian Energy Exchange - About the company
Indian Energy Exchange is a public company based in Noida (India), founded in 2008. It operates as a Provider of power trading services. Indian Energy Exchange has raised $30M in funding from investors like Bessemer Venture Partners, Lightspeed and Motilal Oswal Private Equity. The company has 13 active competitors, including 1 funded and 5 that have exited. Its top competitors include companies like MCX, NCDEX and National Spot Exchange.
Company Details
Provider of power trading services. It is a power trading platform which provides a de-mutualized and automated platform for physical delivery of electricity. It enables price discovery and price risk management for participants of the electricity market. It provides open access to consumers on the exchange platform to manage their power portfolio.
- Website
- www.iexindia.com/
- Social
- Email ID
- *****@iexindia.com
- Phone Number
- +91 **********
- Registered Address
- 1st Floor, Unit No.1.14(a), Avanta Business Centre Southern Park, D-2, District Centre, Sak, et, South Delhi, New Delhi, Delhi, India, 110017
Key Metrics
Founded Year
2008
Location
Noida, India
Stage
Public
Total Funding
$30M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 13 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2026
Employee Count
179 as on Mar 31, 2025
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Indian Energy Exchange
Indian Energy Exchange is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INDIAN ENERGY EXCHANGE LIMITED CIN: L74999DL2007PLC277039 , India, Active | Mar 26, 2007 | ₹500 - ₹1,000 Cr (As on Mar 31, 2026) | 176 (As on Apr 01, 2026) |
Indian Energy Exchange's IPO details
Indian Energy Exchange got listed on Oct 23, 2017.
Click here to take a look at Indian Energy Exchange's IPO in detail
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Indian Energy Exchange's funding and investors
Indian Energy Exchange has raised a total funding of $30M over 3 rounds. Its first funding round was on Dec 30, 2010. Its latest funding round was a Series A round on Oct 2017 for $*****. 1 investor participated in its latest round. Indian Energy Exchange has 13 institutional investors.
Here is the list of recent funding rounds of Indian Energy Exchange:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 2017 | 4612536 | Series A | 1222511 | 1209329 | 3460579 | 4027978 |
Mar 30, 2016 | 4101164 | PE | 1642854 | 1920817 | 3911287 | 5563479 |
Dec 30, 2010 | 4771651 | Series A | 1294409 | 6358113 | 4666267 |
Access funding benchmarks and valuations. Sign up today!View details of Indian Energy Exchange's funding rounds and investors
Indian Energy Exchange's founders and board of directors
Founder? Claim ProfileIndian Energy Exchange's Board of Directors
Indian Energy Exchange's board has 6 active members. Satyanarayan Goel, Amit Garg and Rajiv Srivastava are part of team and Tejpreet Singh Chopra, Sudha Pillai and Chacko Thomas are independent board members.Here is the list of Indian Energy Exchange's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
zqtelkm | Team | - | Current | 4y 4m |
eflsfqo | Team | - | Current | 1y 9m |
wkxx{ci | Team | - | Current | 2y 3m |
zhhlffu | Team | - | Past | 2y 9m |
tfsqycg | Investor | pznmfrs | Past | 5y 7m |
Independent board member | - | Current | 7y 3m | |
ysanarq | Independent board member | - | Current | 5y 9m |
vtwoseb | Independent board member | - | Current | 5y 1m |
lpert{m | Independent board member | - | Past | 5y 1m |
htwgfks | Independent board member | - | Past | 6y 3m |
jlfg{bl | Independent board member | - | Past | 3y 6m |
jvauzsq | Independent board member | - | Past | 5y 8m |
dsvotuv | Independent board member | - | Past | 1y 9m |
{ihdunj | Independent board member | - | Past | 9y 9m |
p{j{jey | Independent board member | - | Past | 3y 8m |
erwysyn | Independent board member | - | Past | 4y 7m |
dxqityq | Independent board member | - | Past | 7y 8m |
vdrwkzr | Independent board member | - | Past | 2y 7m |
xxrwvqt | Independent board member | - | Past | 7y 7m |
myflnlv | Independent board member | - | Past | 9y 4m |
vjnjsdy | Independent board member | - | Past | 3y 9m |
dzqxqwk | Independent board member | - | Past | 2y 8m |
lryxmh{ | Independent board member | - | Past | 6y 6m |
gabfsnx | Independent board member | - | Past | 3y 7m |
sljqpda | Independent board member | - | Past | 6y 9m |
ezqi{xs | Independent board member | - | Past | 4y 7m |
Indian Energy Exchange's employee count trend
Indian Energy Exchange has 179 employees as of Mar 25. The total employee count is 5.0% more than what it was in Mar 24. Here is Indian Energy Exchange's employee count trend over the years:
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Indian Energy Exchange's Competitors and alternates
Top competitors of Indian Energy Exchange include MCX, NCDEX and National Spot Exchange. Here is the list of Top 10 competitors of Indian Energy Exchange, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Indian Energy Exchange 2008, Noida (India), Public | Provider of power trading services | $30M | 75/100 | |
2nd | Commodity Exchange | $132M | 61/100 | ||
3rd | Online platform for buying, selling, and trading commodity derivatives | $113M | 58/100 | ||
4th |  National Spot Exchange 2005, Mumbai (India), Unfunded | Commodity exchange | - | - | 43/100 |
5th |  GRD Groupz 2005, Kolkata (India), Unfunded | Financial services company that offers a range of brokerage services, including proprietary trading, equity and derivatives, commodities, and currency trading, to individual and institutional clients | - | - | 35/100 |
6th | Provider of gold and silver bullion trading services | - | - | 32/100 | |
7th | Janus Corporation 1998, Mumbai (India), Public | Global provider of trading and broking services for ferrous and non-ferrous metals and minerals | - | - | 31/100 |
8th | _1566192514924.png?devicePixelRatio=2&height=30&width=30){kind=logo} AROMA ENTERPRISES 1994, Ahmedabad (India), Public | Limited information available | - | - | 24/100 |
9th | National Multi-Commodity Exchange 2002, Ahmedabad (India), Deadpooled | Commodity exchange | - | - | 24/100 |
10th |  Apple Finance 1985, Mumbai (India), Public | Provider of commodity trading services | - | - | 20/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Indian Energy Exchange's competitors? Click here to see the top ones
Indian Energy Exchange's Investments and acquisitions
Indian Energy Exchange has a total of 1 investment in Obol Network. Indian Energy Exchange has not made any acquisitions as of now.Reports related to Indian Energy Exchange
Here is the latest report on Indian Energy Exchange's geography:
News related to Indian Energy Exchange
Filter this listMedia has covered Indian Energy Exchange for a total of 9 events in the last 1 year, 2 of them have been about company updates.
•
High Electricity Trading Volumes Increase IEX’s Revenue by 14% in Q3 FY 2026Mercom India•Feb 03, 2026•Indian Energy Exchange
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IEX's Profit Increases by 13.9% in Q2 FY 2026 Amid Strong Electricity TradeMercom India•Nov 03, 2025•Indian Energy Exchange
•
IEX Consolidated September 2025 Net Sales at Rs 153.92 crore, up 10.42% Y-o-YMoneycontrol•Nov 03, 2025•Indian Energy Exchange
•
IEX reports 16.1% YoY growth in Q2FY'26 electricity trading volumeLivemint•Oct 06, 2025•Indian Energy Exchange
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IEX partners with DataBP to optimise market intelligenceThe TRADE•Jul 25, 2025•Indian Energy Exchange, DataBP
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IEX Consolidated June 2025 Net Sales at Rs 141.75 crore, up 14.72% Y-o-YMoneycontrol•Jul 25, 2025•Indian Energy Exchange
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IEX Q1 Results: Net profit jumps 21% to Rs 113 crore, revenue rises 13%Moneycontrol•Jul 24, 2025•Indian Energy Exchange
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FAQs about Indian Energy Exchange
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