Mecwin Technologies - About the company
Mecwin Technologies is a seed company based in Bengaluru (India), founded in 2017 by Asharani Ss and Shiva Kumar H. It operates as a Manufacturer of EV motors, solar pumps, controllers, and IoT products. Mecwin Technologies has raised $2.53M in funding from investors like Steer Advisors, Starlit Technologies and Evergrow Fund, with a current valuation of ₹*****. The company has 349 active competitors, including 32 funded and 15 that have exited. Its top competitors include companies like Sadbhav Future Tech, Varroc and AgriVijay.
Company Details
Manufacturer of EV motors, solar pumps, controllers, and IoT products. It provides green propulsion solutions. It products is meticulously designed and developed with a commitment to quality and reliability, ensuring they meet the highest standards in the industry.
- Website
- mecwinindia.com
- Social
- Email ID
- *****@mecwinindia.com
- Phone Number
- +91 **********
- Registered Address
- NO 65/3-1, GROUND FLOOR, INDUSTRIAL SUBURB, Yeswanthpura, Bangalore, Bangalore North, Karnataka, India, 560022
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Seed
Total Funding
$2.53M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Dec 12, 2024
Investors
Ranked
11th among 349 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
69 as on Aug 31, 2025
Legal entities associated with Mecwin Technologies
Mecwin Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MECWIN TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U35999KA2020PTC137824 , India, Active | Aug 28, 2020 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 56 (As on Feb 01, 2026) |
Sign up to download Mecwin Technologies' company profile
Mecwin Technologies's funding and investors
Mecwin Technologies has raised a total funding of $2.53M over 7 rounds. Its first funding round was on Nov 23, 2021. Its latest funding round was a Seed round on Dec 12, 2024 for $*****. 7 investors participated in its latest round. Mecwin Technologies has 14 institutional investors and 48 angel investors.
Here is the list of recent funding rounds of Mecwin Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 12, 2024 | 9116122 | Seed | 8892343 | 9522111 | 5143831 | 1213556 |
Dec 10, 2024 | 6236273 | Seed | 4503855 | 5499237 | 7187651 | |
Dec 06, 2024 | 2707072 | Seed | 9019513 | 5795858 |
Access funding benchmarks and valuations. Sign up today!View details of Mecwin Technologies's funding rounds and investors
Mecwin Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Mecwin Technologies are Asharani Ss and Shiva Kumar H. Jitendra Dugar is the CEO of Mecwin Technologies.
Here are the details of Mecwin Technologies' key team members:
- Asharani Ss: Co-Founder & Director of Mecwin Technologies. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Shiva Kumar H: Co-Founder & Director of Mecwin Technologies. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Jitendra Dugar: CEO of Mecwin Technologies.
Mecwin Technologies' Board of Directors
Mecwin Technologies's board has 2 active members. Asharani Ss and Shiva Kumar H are part of team.Here is the list of Mecwin Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 9m | |
Team | - | Current | 5y 9m |
View details of Mecwin Technologies's Founder profiles and Board Members
Mecwin Technologies' employee count trend
Mecwin Technologies has 69 employees as of Aug 25. The total employee count is 17.0% lower than what it was in Aug 24. Here is Mecwin Technologies's employee count trend over the years:
Uncover Mecwin Technologies' growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Mecwin Technologies's Competitors and alternates
Top competitors of Mecwin Technologies include Sadbhav Future Tech, Varroc and AgriVijay. Here is the list of Top 10 competitors of Mecwin Technologies, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Sadbhav Future Tech 2020, Gurugram (India), Seed | Provider of on-grid and off-grid solar power solutions and pumps | $4.21M | 65/100 | |
2nd | Manufacturer of automotive components | $50.1M | 65/100 | ||
3rd | Retailer of renewable energy products for agricultural and rural households | $301K | 62/100 | ||
4th | Manufacturer of electric motors for multiple categories of vehicles | $15M | 60/100 | ||
5th | Solar-powered water pumping solutions | - | - | 60/100 | |
6th | Claro Energy 2011, Delhi (India), Series A | Solar powered water pumping solutions | $3.48M | 59/100 | |
7th | Manufacturer of rare-earth free motor systems and intelligent motor controllers | $11.9M | 57/100 | ||
8th |  Oswal Pumps 2000, Karnal (India), Public | Manufacturer of energy-efficient stainless steel pumps | - | - | 57/100 |
9th |  SunCulture 2012, Nairobi (Kenya), Series B | Solar irrigation solutions empowering smallholder farmers with sustainable technology and financial access | $45.5M | 56/100 | |
10th |  EVR Motors 2012, Petah Tikva (Israel), Series A | Manufacturer platform for electric motor technology | - | 50/100 | |
11th |  Mecwin Technologies 2017, Bengaluru (India), Seed | Manufacturer of EV motors, solar pumps, controllers, and IoT products | $2.53M | 49/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Mecwin Technologies's competitors? Click here to see the top ones
Mecwin Technologies's Latest cap tables and shareholding
Founders (largest shareholder) own 76.93%, Funds own 1.70%, Enterprises own 3.14% and Angels own 8.03%. The net worth of Mecwin Technologies's founders is INR 186Cr as of Dec 12, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 76.93% | 186Cr | 5769784 | 8853647 | 9368880 | 1064104 |
6155568 | 8497185 | 9531884 | 6488502 | 7233042 | 1046075 | |
7446893 | 8132645 | 4155520 | 9445705 | 6016682 | 4902210 | |
Fund | 1.70% | 4.11Cr | 7 | 3 | 6 | 2 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 3.14% | 7.59Cr | 663 | 873 | 295 | 863 |
Angel | 8.03% | 19.6Cr | 3805896 | 5994299 | 5115385 | 4295994 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
ESOP Pool | 1.81% | 4.37Cr | 7 | 7 | 8 | 4 |
Other Investors | 8.30% | 20.1Cr | 1648918 | 5921117 | 4393288 | 7976375 |
Total | 99.91% | 242Cr | 7535396 | 3852223 | 6523723 | 4291735 |
To unlock detailed Cap Table of Mecwin Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Mecwin Technologies's Shareholding
Mecwin Technologies's Investments and acquisitions
Mecwin Technologies has made no investments or acquisitions yet.
Reports related to Mecwin Technologies
Here is the latest report on Mecwin Technologies's geography:
News related to Mecwin Technologies
Media has covered Mecwin Technologies for 1 event in last 1 year, It was about company updates.
•
Solar Module Capacity Under ALMM Rises to 173 GWMercom India•Mar 03, 2026•Vikram Solar, Mecwin Technologies
•
EV startup Mecwin India to set up Rs 50 cr manufacturing plant in BengaluruBusiness Standard•Jun 24, 2022•Mecwin Technologies
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Mecwin Technologies
Explore our recently published companies
- Urmin Group - Ahmedabad based, 2000 founded, Unfunded company
- DIV Protocol - Paris based, 2024 founded, Unfunded company
- D & H Fire Protection - San Dimas based, 2016 founded, Funding Raised company
- Eye7 Hospitals - Delhi based, 1989 founded, Unfunded company
- AiLuvio - Praha based, 2023 founded, Unfunded company
- Receptive Sports Technologies - Ludhiana based, 2022 founded, Unfunded company
