When was Indian Gas Exchange founded?

Indian Gas Exchange was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Indian Gas Exchange located?

Indian Gas Exchange is headquartered in Noida, India. It is registered at 1st Floor, Unit No.1.14(b), Avanta Business Centre Southern Park, D-2, District Centre, Sak, et, South Delhi, New Delhi, Delhi, India, 110017.

Which legal entities is Indian Gas Exchange associated with?

Indian Gas Exchange is associated with INDIAN GAS EXCHANGE LIMITED.

How many employees does Indian Gas Exchange have?

As of Aug 31, 2025, Indian Gas Exchange has 35 employees, reflecting a 13% year-over-year growth in headcount.

Is Indian Gas Exchange a funded company?

Indian Gas Exchange is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 22, 2021.

When was the latest funding round of Indian Gas Exchange?

Indian Gas Exchange's latest funding was a $***** Seed round on Dec 21, 2021, with participation from 1 investor. Its primary sector is Oil & Gas Tech. Globally, the Oil & Gas Tech sector has seen $413M in funding in 2026 to date.

What is the annual revenue of Indian Gas Exchange?

Annual revenue of Indian Gas Exchange is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Indian Gas Exchange rank among its competitors?

Indian Gas Exchange ranks 1st amongst 15 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was OILPLAT, which secured $2M in Jun, 2025.

Who are the top competitors of Indian Gas Exchange?

Indian Gas Exchange's top competitors include OILPLAT, OilTrading.com and Brunei Energy Services & Trading. Among them, OILPLAT secured the most recent funding round in June, 2025.

Indian Gas Exchange - 2026 Company Profile, Team, Funding, Competitors & Financials

Indian Gas Exchange is a seed company based in Noida (India), founded in 2020. It operates as an Operator of a trading exchange for physical delivery of natural gas. Indian Gas Exchange has raised an undisclosed amount in funding from investors like NSE, Adani Gas and GAIL. The company has 15 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like OILPLAT, OilTrading.com and Brunei Energy Services & Trading.

Company Details

Operator of a trading exchange for physical delivery of natural gas. The exchange facilitates transactions between buyers and sellers through various membership options. It provides resources such as circulars, press releases, and market data. The exchange also offers information on regional gas hubs and delivery points.

Website: igxindia.com
Social
Email ID: *****@igxindia.com
Phone Number: +91 **********
Registered Address: 1st Floor, Unit No.1.14(b), Avanta Business Centre Southern Park, D-2, District Centre, Sak, et, South Delhi, New Delhi, Delhi, India, 110017

Key Metrics

Founded Year

2020

Location

Noida, India

Stage

Seed

Latest Funding Round

Seed, Dec 21, 2021, $*****

Investors

NSE & 13 more

Ranked

1^st among 15 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

35 as on Aug 31, 2025

Similar Companies

OILPLAT & 15 more

View Indian Gas Exchange's full profile

Indian Gas Exchange is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INDIAN GAS EXCHANGE LIMITED CIN: U74999DL2019PLC357145 , India, Active	Nov 06, 2019	₹50 - ₹100 Cr (As on Mar 31, 2025)	37 (As on Apr 01, 2026)

Indian Gas Exchange has raised funding over 4 rounds. Its first funding round was on Jan 22, 2021. Its latest funding round was a Seed round on Dec 21, 2021 for $*****. 1 investor participated in its latest round. Indian Gas Exchange has 7 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Indian Gas Exchange:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 21, 2021	4042438	Seed	5986777	8632983	9596888	2793486
Mar 10, 2021	9238021	Seed	7557600	7299576	4486033	ONGC
Feb 09, 2021	9171007	Seed	5322391	1229119	GAIL	9924496

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View details of Indian Gas Exchange's funding rounds and investors

Indian Gas Exchange's Board of Directors

Indian Gas Exchange's board has 8 active members. Rajesh Mediratta is part of team and Satyanarayan Goel, Ramamurthy Vaidyanathan, Radhey Shyam Sharma, Gautam Dalmia, Ian Gerard Desouza, Neeraj Chandra and Bharathi Sivaswami Sihag are independent board members.

Here is the list of Indian Gas Exchange's board of directors:

Name	Type	Representing	Status	Duration
cjrayom	Team	-	Current	1y 6m
Satyanarayan Goel	Independent board member	-	Current	5y 10m
i{xbxty	Independent board member	-	Current	1y 5m
ivvudqc	Independent board member	-	Current	5y 2m
nuvpyam	Independent board member	-	Current	4y 8m
fhud{ee	Independent board member	-	Current	2y 6m
jgvbfvn	Independent board member	-	Current	1y 5m
ksqynsl	Independent board member	-	Current	5y 7m

Indian Gas Exchange's employee count trend

Indian Gas Exchange has 35 employees as of Aug 25. The total employee count is 13.0% more than what it was in Aug 24. Here is Indian Gas Exchange's employee count trend over the years:

Employee count trend for Indian Gas Exchange

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Top competitors of Indian Gas Exchange include OILPLAT, OilTrading.com and Brunei Energy Services & Trading. Here is the list of Top 10 competitors of Indian Gas Exchange, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Indian Gas Exchange 2020, Noida (India), Seed	Operator of a trading exchange for physical delivery of natural gas	-	Indian Oil, GAIL & 12 others	53/100
2nd	OILPLAT 2017, Panama City (Panama), Seed	B2B global energy trading platform	$3.3M	Faster Capital	38/100
3rd	OilTrading.com 2020, Singapore (Singapore), Unfunded	Provider of oil and gas trading platform	-	-	27/100
4th	Brunei Energy Services & Trading Unfunded	Provider of oil and gas trading and related energy services	-	-	27/100
5th	Malang Voice 1989, Istanbul (Turkey), Acquired	Provider of natural gas distribution services	-	-	25/100
6th	EAS 2010, Perth (Australia), Unfunded	Online natural gas trading platform	-	-	24/100
7th	Energy Tokens 2019, Cheyenne (United States), Unfunded	Provider of AI and blockchain-based energy trading solutions	-	-	23/100
8th	Mieco Unfunded	Provider of refined petroleum products and natural gas trading services	-	-	22/100
9th	Navitasoft 2015, Budapest (Hungary), Unfunded	Provider of software solutions for energy trading and operations. It develops and implements IT platforms for energy production, storage, transport, trading, and risk management. These platforms include modules for algorithmic trading, energy trading and risk management (ETRM), scheduling, and market messaging. The company also offers solutions specifically designed for operators, encompassing transmission system operator (TSO) operations, storage optimization, and capacity auctioning. Its software is adaptable to various energy market regulations.	-	-	22/100
10th	Onsphere 2019, London (United Kingdom), Unfunded	Provider of a platform aggregating live prices for energy trading	-	-	21/100