Simactricals - About the company
Simactricals is a seed company based in Kanpur (India), founded in 2020 by Mihir Mishra and Balaji Sriram. It operates as a Manufacturer of EV fast chargers. Simactricals has raised $102K in funding from Seafund, with a current valuation of $*****. The company has 252 active competitors, including 59 funded and 11 that have exited. Its top competitors include companies like Energous, ElectReon and InductEV.
Company Details
Manufacturer of EV fast chargers. The company develops EV chargers likr single coil charger, triple coil charger, WCS concept, drone charger, and more.
- Website
- simactricals.io
- Social
- Email ID
- *****@simactricals.io
- Phone Number
- +91 **********
- Registered Address
- 120/533 shivaji nagar, Kanpur, kanpur, Uttar Pradesh, India, 208005
Key Metrics
Founded Year
2020
Location
Kanpur, India
Stage
Seed
Total Funding
$102K in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 10, 2024
Ranked
21st among 252 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
12 as on Sep 30, 2026
Legal entities associated with Simactricals
Simactricals is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SIMACTRICALS PRIVATE LIMITED CIN: U32107UP2020PTC136191 , India, Active | Oct 14, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Simactricals's funding and investors
Simactricals has raised a total funding of $102K over 3 rounds. Its first funding round was on Aug 23, 2023. Its latest funding round was a Grant (prize money) round on Mar 2024 for $*****. 1 investor participated in its latest round. Simactricals has 6 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Simactricals:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 2024 | 5711757 | Grant (prize money) | 3841226 | 8004665 | 8148413 | 3929428 |
Jan 05, 2024 | 7721631 | Seed | 6538304 | 8211984 | 4403464 | |
Aug 23, 2023 | 4916108 | Seed | 1209579 | 1154285 |
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Simactricals' founders and board of directors
Founder? Claim ProfileThe founders of Simactricals are Mihir Mishra and Balaji Sriram.
Here are the details of Simactricals' key team members:
- Mihir Mishra: Co-Founder & Managing Director of Simactricals. They serve on the board of 1 company.Contact Info: 2 email addresses
- Balaji Sriram: Founder And Cto of Simactricals. They serve on the board of 1 company.Contact Info: 1 phone number
Simactricals' Board of Directors
Simactricals's board has 3 active members. Mihir Mishra and Balaji Sriram are part of team and Mahendra Kumar Mishra is independent board member.Here is the list of Simactricals' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 0m | |
Team | - | Current | 5y 6m | |
Independent board member | - | Current | 6y 0m |
View details of Simactricals's Founder profiles and Board Members
Simactricals' employee count trend
Simactricals has 12 employees as of Sep 26. Here is Simactricals's employee count trend over the years:
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Simactricals's Competitors and alternates
Top competitors of Simactricals include Energous, ElectReon and InductEV. Here is the list of Top 10 competitors of Simactricals, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Energous 2012, San Jose (United States), Public | Provider of RF-based charging solutions | $5.5M | 63/100 | |
2nd | Developer of wireless charging technology | - | 59/100 | ||
3rd | InductEV 2011, Malvern (United States), Acquired | Provider of wireless charging solutions for transit and port fleet vehicles | $32.9M | 59/100 | |
4th | Solace Power 2007, Mount Pearl (Canada), Series C | Offering wireless charging infrastructure using Resonant Capacitive coupling | $19.8M | 58/100 | |
5th | WiTricity 2007, Watertown (United States), Series G | Magnetic resonance-based wireless charging solutions for electric vehicles | $146M | 58/100 | |
6th | Manufacturer of power supplies for electronic devices | - | 57/100 | ||
7th | Provider of induction-based wireless charging solutions | $108M | 57/100 | ||
8th |  Reach 2014, Redwood City (United States), Series B | Online platform offering wireless energy solutions | $39.1M | 56/100 | |
9th |  Nimble 2018, Costa Mesa (United States), Seed | Provider internet-first brand of electronic accessories | $2M | 53/100 | |
10th | Ossia 2008, Bellevue (United States), Series C | Provider of wireless charging solution | $54.6M | 52/100 | |
21st | Simactricals 2020, Kanpur (India), Seed | Manufacturer of EV fast chargers | $102K | 43/100 |
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Simactricals's Investments and acquisitions
Simactricals has made no investments or acquisitions yet.
Reports related to Simactricals
Here is the latest report on Simactricals's sector:
News related to Simactricals
•
IIT Kanpur Startup Simactricals Innovates Wireless Charging for EVs, Raises 75 Lakhs in FundingOutlook Business•Apr 11, 2024•Simactricals
•
SeaFund Invests in 5 DeepTech StartupsFinSMEs•Nov 21, 2023•Seafund, Red Wings Group, Docker Vision, Swapp Design and 4 others
•
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