When was Offgrid Energy Labs founded?

Offgrid Energy Labs was founded in 2018.

Where is Offgrid Energy Labs located?

Offgrid Energy Labs is headquartered in Gurugram, India. It is registered at DE-153, FIRST FLOOR TAGORE GARDEN, West Delhi, NEW DELHI, Delhi, India, 110027.

Who is the current CEO of Offgrid Energy Labs?

Tejas Sanjeev Kusurkar of Offgrid Energy Labs.

Which legal entities is Offgrid Energy Labs associated with?

Offgrid Energy Labs is associated with OFFGRID ENERGY LABS PRIVATE LIMITED and 1 other.

How many employees does Offgrid Energy Labs have?

As of Jun 30, 2026, the latest employee count at Offgrid Energy Labs is 15.

Is Offgrid Energy Labs a funded company?

Offgrid Energy Labs is a funded company, having raised a total of $15M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round.

When was the latest funding round of Offgrid Energy Labs?

Offgrid Energy Labs' latest funding was a $***** Series A round on Jan 24, 2025, with participation from 2 investors.

What is the annual revenue of Offgrid Energy Labs?

Annual revenue of Offgrid Energy Labs is less than ₹10 Cr as on Mar 31, 2025

Where does Offgrid Energy Labs rank among its competitors?

Offgrid Energy Labs ranks 5th amongst 92 active competitors, of which 31 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was MGA Thermal, which secured $12.1M in Mar, 2026.

Who are the top competitors of Offgrid Energy Labs?

Offgrid Energy Labs' top competitors include Verlume, Hydrostor and RheEnergise. Among them, MGA Thermal secured the most recent funding round in March, 2026.

Offgrid Energy Labs - 2026 Company Profile, Team, Funding, Competitors & Financials

Offgrid Energy Labs is a series A company based in Gurugram (India), founded in 2018 by Rishi Kant Srivastava, Ankur Agarwal and Tejas Sanjeev Kusurkar. It operates as a Developer of zinc-bromide batteries for long-duration energy storage. Offgrid Energy Labs has raised $15M in funding from investors like Ankur Capital, Action Potential Venture Capital and Shell E4. The company has 92 active competitors, including 31 funded and 4 that have exited. Its top competitors include companies like Verlume, Hydrostor and RheEnergise.

Company Details

Developer of zinc-bromide batteries for long-duration energy storage. ZincGel technology provides non-flammable, sustainable storage with full depth of discharge, high round-trip efficiency, and suitability for six-to-twelve-hour applications. Targets renewable time-shifting, industrial net zero, data centers, peak shifting, and remote microgrids or telecom sites.

Website: www.offgridenergylabs.com/
Social
Email ID: *****@offgridenergylabs.com
Registered Address: DE-153, FIRST FLOOR TAGORE GARDEN, West Delhi, NEW DELHI, Delhi, India, 110027

Key Metrics

Founded Year

2018

Location

Gurugram, India

Stage

Series A

Total Funding

$15M in 3 rounds

Latest Funding Round

Series A, Jan 24, 2025, $*****

Investors

Ankur Capital & 5 more

Ranked

5^th among 92 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

15 as on Jun 30, 2026

Similar Companies

Gelion Technologies & 15 more

View Offgrid Energy Labs' full profile

Offgrid Energy Labs is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OFFGRID ENERGY LABS PRIVATE LIMITED CIN: U29309DL2018PTC328666 , India, Active	Jan 17, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	-
OFFGRID ENERGY LABS MANUFACTURING PRIVATE LIMITED CIN: U27201DL2023PTC416556 , India, Strike off	Jul 04, 2023	-	-

Offgrid Energy Labs has raised a total funding of $15M over 3 rounds. Its latest funding round was a Series A round on Jan 24, 2025 for $*****. 2 investors participated in its latest round. Offgrid Energy Labs has 6 institutional investors.

Here is the list of recent funding rounds of Offgrid Energy Labs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 24, 2025	5782578	Series A	9437600	4542766	9844853	3526739
Feb 15, 2022	3923989	Seed	4595946	6270468	Ankur Capital & 2 more	9766292

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View details of Offgrid Energy Labs's funding rounds and investors

The founders of Offgrid Energy Labs are Rishi Kant Srivastava, Ankur Agarwal and Tejas Sanjeev Kusurkar. Tejas Sanjeev Kusurkar is the CEO of Offgrid Energy Labs.

Here are the details of Offgrid Energy Labs' key team members:

Rishi Kant Srivastava: Co-Founder of Offgrid Energy Labs and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Ankur Agarwal: Co-Founder & CFO of Offgrid Energy Labs. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Tejas Sanjeev Kusurkar: Co-Founder & CEO of Offgrid Energy Labs. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Offgrid Energy Labs' Board of Directors

Offgrid Energy Labs's board has 4 active members. Rishi Kant Srivastava, Ankur Agarwal, Tejas Sanjeev Kusurkar and Brindan Tulachan are part of team.

Here is the list of Offgrid Energy Labs' board of directors:

Name	Type	Representing	Status	Duration
Rishi Kant Srivastava	Team	-	Current	8y 6m
Ankur Agarwal	Team	-	Current	1y 6m
Tejas Sanjeev Kusurkar	Team	-	Current	8y 6m
Brindan Tulachan	Team	-	Current	8y 6m

View details of Offgrid Energy Labs's Founder profiles and Board Members

Offgrid Energy Labs' employee count trend

Offgrid Energy Labs has 15 employees as of Jun 26. Here is Offgrid Energy Labs's employee count trend over the years:

Employee count trend for Offgrid Energy Labs

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Top competitors of Offgrid Energy Labs include Verlume, Hydrostor and RheEnergise. Here is the list of Top 10 competitors of Offgrid Energy Labs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Verlume 2013, Inverurie (United Kingdom), Series A	Manufacturer of subsea battery systems and intelligent energy management technology	$12.3M	The Scottish National Investment Bank, Par Equity ... & 37 others	62/100
2nd	Hydrostor 2010, Toronto (Canada), Series D	Developer of advanced compressed air energy storage for grid applications	$565M	Lorem Partners, Canoe Financial & 16 others	60/100
3rd	RheEnergise 2019, London (United Kingdom), Seed	Developer of high-density hydro long-duration energy storage technology	$3.35M	Low Carbon Innovation Fund, European Innovation Council ... & 5 others	58/100
4th	MGA Thermal 2019, Newcastle (Australia), Series A	Provider of solutions for thermal energy storage	$47.1M	IP Group, Main Sequence & 14 others	58/100
5th	Offgrid Energy Labs 2018, Gurugram (India), Series A	Developer of zinc-bromide batteries for long-duration energy storage	$15M	NB Ventures, Ankur Capital & 4 others	55/100
6th	Raygen 2005, Hawthorn East (Australia), Series D	Developer of solar power technology and renewable energy storage solutions	$112M	SLB, AGL & 9 others	55/100
7th	Kyoto Group 2016, Lysaker (Norway), Series A	Provider of thermal energy storage solutions for industrial process heat applications	$13.1M	Spirax-Sarco Engineering, Iberdrola	53/100
8th	Gelion Technologies 2015, Sydney (Australia), Public	Developer of battery technology and energy storage integration solutions	-	Marbruck Investments, Infratech Growth Partners ... & 2 others	53/100
9th	Ambri 2010, Marlborough (United States), Series D	Manufacturer of liquid metal battery systems for grid energy storage	$222M	Paulson & Co, Japan Energy Fund & 9 others	52/100
10th	Augwind 2012, Rehovot (Israel), Funding Raised	Compressed Air storage provider	-	INCENSe Accelerator, Capital Nature	50/100