When was Mecwin Technologies founded?

Mecwin Technologies was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is Mecwin Technologies located?

Mecwin Technologies is headquartered in Bengaluru, India. It is registered at NO 65/3-1, GROUND FLOOR, INDUSTRIAL SUBURB, Yeswanthpura, Bangalore, Bangalore North, Karnataka, India, 560022.

Who is the current CEO of Mecwin Technologies?

Jitendra Dugar of Mecwin Technologies.

Which legal entities is Mecwin Technologies associated with?

Mecwin Technologies is associated with MECWIN TECHNOLOGIES INDIA PRIVATE LIMITED.

How many employees does Mecwin Technologies have?

As of Aug 31, 2025, Mecwin Technologies has 69 employees, reflecting a 16% year-over-year decline in headcount.

Is Mecwin Technologies a funded company?

Mecwin Technologies is a funded company, having raised a total of $2.53M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 23, 2021.

How much is Mecwin Technologies worth?

The latest valuation of Mecwin Technologies is $***** as of Dec 12, 2024.

When was the latest funding round of Mecwin Technologies?

Mecwin Technologies' latest funding was a $***** Seed round on Dec 12, 2024, with participation from 7 investors. Its primary sector is Solar Energy. In India, the Solar Energy sector has seen $1.61B in funding in 2026 to date.

What is the annual revenue of Mecwin Technologies?

Annual revenue of Mecwin Technologies is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Mecwin Technologies rank among its competitors?

Mecwin Technologies ranks 12th amongst 391 active competitors, of which 36 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Enedym, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Mecwin Technologies?

Mecwin Technologies' top competitors include Sadbhav Future Tech, TSUYO and AgriVijay. Among them, Enedym secured the most recent funding round in November, 2025.

Mecwin Technologies - 2026 Company Profile, Team, Funding, Competitors & Financials

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

Seed, Dec 12, 2024, $*****

Post Money Valuation

$***** as on Dec 12, 2024

Investors

Steer Advisors & 62 more

Ranked

12^th among 391 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

69 as on Aug 31, 2025

Similar Companies

Enedym & 98 more

View Mecwin Technologies' full profile

Mecwin Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
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)

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 15 institutional investors and 48 angel investors.

Here is the list of recent funding rounds of Mecwin Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 12, 2024	4099410	Seed	9792698	4152114	9802523	9916906
Dec 10, 2024	3486182	Seed	3138670	6055319	6595575	Akilandeswari Selvamurthy & 14 more
Dec 06, 2024	6534568	Seed	1043273	3268727	Chitresh Kumar Lunawat & 1 more	V m Spice & 7 more

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View details of Mecwin Technologies's funding rounds and investors

The founders of Mecwin Technologies are Sanabaghatta Savandaiah Asharani, Halenahally Mallesha Shiva Kumar and Asharani Savandaiah Sanabaghatta. Jitendra Dugar is the CEO of Mecwin Technologies.

Here are the details of Mecwin Technologies' key team members:

Sanabaghatta Savandaiah Asharani: 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
Halenahally Mallesha Shiva Kumar: Co-Founder & Director of Mecwin Technologies. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Asharani Savandaiah Sanabaghatta: FOUNDER-DIRECTOR of Mecwin Technologies.
Jitendra Dugar: CEO of Mecwin Technologies.

Mecwin Technologies' Board of Directors

Mecwin Technologies's board has 2 active members. Sanabaghatta Savandaiah Asharani and Halenahally Mallesha Shiva Kumar are part of team.

Here is the list of Mecwin Technologies' board of directors:

Name	Type	Representing	Status	Duration
Sanabaghatta Savandaiah Asharani	Team	-	Current	6y 1m
Halenahally Mallesha Shiva Kumar	Team	-	Current	6y 1m

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:

Employee count trend for Mecwin Technologies

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Top competitors of Mecwin Technologies include Sadbhav Future Tech, TSUYO and AgriVijay. Here is the list of Top 10 competitors of Mecwin Technologies, ranked by Tracxn score:

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	Chanakya Fund, Ushma Enterprise & 39 others	65/100
2nd	TSUYO 2020, Delhi (India), Seed	Platform offering motors for multi-category electric-three wheelers	$4.95M	Ramkrishna Forgings, Avaana Capital Advisors ... & 3 others	64/100
3rd	AgriVijay 2020, Pune (India), Seed	Retailer of renewable energy products for agricultural and rural households	$301K	Indigram labs, IRMA & 16 others	61/100
4th	Enedym 2010, Hamilton (Canada), Series A	Manufacturer of electric motors for multiple categories of vehicles	$15M	Honda, Pathfinder & 4 others	57/100
5th	Chara 2019, Bengaluru (India), Series A	Manufacturer of rare-earth free motor systems and intelligent motor controllers	$11.9M	Exfinity Venture Partners, Kalaari Capital ... & 7 others	57/100
6th	Oswal Pumps 2000, Karnal (India), Public	Manufacturer of energy-efficient stainless steel pumps	-	-	56/100
7th	EVR Motors 2012, Petah Tikva (Israel), Series A	Manufacturer platform for electric motor technology	-	Gefen Biomed Investments, Horizon GreenTech Ventures ... & 5 others	55/100
8th	SunCulture 2012, Nairobi (Kenya), Series B	Solar irrigation solutions empowering smallholder farmers with sustainable technology and financial access	$45.5M	EDF, E3 Capital & 15 others	55/100
9th	Mabuchi Motor 1954, Matsudo (Japan), Public	Manufacturer and supplier of major auto components	-	-	55/100
10th	Claro Energy 2011, Delhi (India), Series A	Solar powered water pumping solutions	$3.48M	SIDBI Venture Capital, Anika & 49 others	53/100
12th	Mecwin Technologies 2017, Bengaluru (India), Seed	Manufacturer of EV motors, solar pumps, controllers, and IoT products	$2.53M	Singhvi Heritage, Steer Advisors & 61 others	49/100

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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. The cap table displayed below is for MECWIN TECHNOLOGIES INDIA PRIVATE LIMITED which is the legal entity associated with Mecwin Technologies.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	76.93%	186Cr	7627894	1239510	9792535	4157255
Sanabaghatta Savandaiah Asharani	3528145	3774912	4686189	6083461	9604690	9804033
Halenahally Mallesha Shiva Kumar	2968721	8328694	1723243	5377738	7515513	8845571
Fund	1.70%	4.11Cr	1	6	7	4
GJNX Ventures	0	0	0	0	0	0
Evergrow Fund	0	0	0	0	0	0
Shagun Capital	0	0	0	0	0	0
Enterprise	3.14%	7.59Cr	508	736	482	387
Angel	8.03%	19.6Cr	9788369	6352196	6525802	9675348
Chitresh Kumar Lunawat	0	0	0	0	0	0
Aakash Jain	0	0	0	0	0	0
Akilandeswari Selvamurthy	0	0	0	0	0	0
Shilpa V Ganna	0	0	0	0	0	0
Pritesh Vora	0	0	0	0	0	0
ESOP Pool	1.81%	4.37Cr	4	7	5	5
Other Investors	8.30%	20.1Cr	9183307	3055323	5008854	3154337
Total	99.91%	242Cr	5002777	4043245	4444989	7852226