When was SPINOFF Technopark founded?

SPINOFF Technopark was founded in 2008.

Where is SPINOFF Technopark located?

SPINOFF Technopark is headquartered in Chandigarh, India. It is registered at SCO NO.117-118, SECTOR 43-B, Sector 22 (Chandigarh), Chandigarh, Chandigarh, Chandigarh, India, 160022.

Which legal entities is SPINOFF Technopark associated with?

SPINOFF Technopark is associated with SPINOFF TECHNOPARK LIMITED.

How many employees does SPINOFF Technopark have?

As of Aug 31, 2025, SPINOFF Technopark has 104 employees, reflecting a 63% year-over-year growth in headcount.

Is SPINOFF Technopark a funded company?

SPINOFF Technopark is a funded company, having raised a total of $1.38M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round.

How much is SPINOFF Technopark worth?

The latest valuation of SPINOFF Technopark is ₹***** as of Jan 17, 2025.

When was the latest funding round of SPINOFF Technopark?

SPINOFF Technopark's latest funding was a $***** Angel round on Jan 17, 2025, with participation from 0 investor. Its primary sector is Energy Efficiency Tech. In India, the Energy Efficiency Tech sector has seen $15M in funding in 2026 to date.

What is the annual revenue of SPINOFF Technopark?

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

Where does SPINOFF Technopark rank among its competitors?

SPINOFF Technopark ranks 93rd amongst 2837 active competitors, of which 232 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Emo Energy, which secured $6.2M in May, 2026.

Who are the top competitors of SPINOFF Technopark?

SPINOFF Technopark's top competitors include QuantumScape, Amprius Technologies and Sunwoda Electronic. Among them, Emo Energy secured the most recent funding round in May, 2026.

SPINOFF Technopark - 2026 Company Profile, Team, Funding, Competitors & Financials

SPINOFF Technopark is a seed company based in Chandigarh (India), founded in 2008 by Kanchan Gupta and Sanjay Gupta. It operates as a Multi-sector industrial manufacturing and engineering company. SPINOFF Technopark has raised $1.38M in funding from Alstone Textiles India, with a current valuation of ₹*****. The company has 2837 active competitors, including 232 funded and 196 that have exited. Its top competitors include companies like QuantumScape, Amprius Technologies and Sunwoda Electronic.

Company Details

Multi-sector industrial manufacturing and engineering company. It is engaged in smart lighting systems, clean energy solutions, and precision hardware manufacturing. It operates as an integrated industrial ecosystem with in-house research, design, and large-scale production capabilities. It operates advanced manufacturing infrastructure, spanning large-scale production units equipped with CNC machining, SMT lines, injection molding, sheet metal fabrication, and testing laboratories. It has expanded into lithium battery and energy storage manufacturing to support applications in electric vehicles, solar systems, and power backup solutions.

Website: spinoff.in
Social
Email ID: *****@spinoff.in
Phone Number: +91 **********
Registered Address: SCO NO.117-118, SECTOR 43-B, Sector 22 (Chandigarh), Chandigarh, Chandigarh, Chandigarh, India, 160022

Key Metrics

Founded Year

2008

Location

Chandigarh, India

Stage

Seed

Total Funding

$1.38M in 3 rounds

Latest Funding Round

Angel, Jan 17, 2025, $*****

Post Money Valuation

₹***** as on Jan 17, 2025

Investors

Alstone Textiles India & 4 more

Ranked

93^rd among 2837 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

104 as on Aug 31, 2025

Similar Companies

Sunwoda Electronic & 2042 more

View SPINOFF Technopark's full profile

SPINOFF Technopark is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPINOFF TECHNOPARK LIMITED CIN: U73100CH2008PLC031273 , India, Active	Jun 18, 2008	₹50 - ₹100 Cr (As on Mar 31, 2025)	104 (As on Aug 31, 2025)

SPINOFF Technopark has raised a total funding of $1.38M over 3 rounds. SPINOFF Technopark has 2 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of SPINOFF Technopark:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 17, 2025	1992617	Angel	7536887	6491146	8719186	8117768
Jan 12, 2009	5107717	Seed	5436269	1334566	Alstone Textiles India	Crystal International Group

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View details of SPINOFF Technopark's funding rounds and investors

The founders of SPINOFF Technopark are Kanchan Gupta and Sanjay Gupta.

Here are the details of SPINOFF Technopark's key team members:

Kanchan Gupta: Co-Founder & Director of SPINOFF Technopark and founder of 1 other company.
Contact Info: 2 email addresses
Sanjay Gupta: Co-Founder & MD of SPINOFF Technopark.
Contact Info: 1 email address and 1 phone number

SPINOFF Technopark's Board of Directors

SPINOFF Technopark's board has 4 active members. Utsav Gupta, Kanchan Gupta and Sanjay Gupta are part of team and Chhavi Gupta is independent board member.

Here is the list of SPINOFF Technopark's board of directors:

Name	Type	Representing	Status	Duration
Kanchan Gupta	Team	-	Current	18y 0m
Sanjay Gupta	Team	-	Current	18y 0m
efzzf{h	Team	-	Current	5y 7m
Chhavi Gupta	Independent board member	-	Current	1y 7m

View details of SPINOFF Technopark's Founder profiles and Board Members

SPINOFF Technopark's employee count trend

SPINOFF Technopark has 104 employees as of Aug 25. The total employee count is 63.0% more than what it was in Aug 24. Here is SPINOFF Technopark's employee count trend over the years:

Employee count trend for SPINOFF Technopark

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Top competitors of SPINOFF Technopark include QuantumScape, Amprius Technologies and Sunwoda Electronic. Here is the list of Top 10 competitors of SPINOFF Technopark, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	QuantumScape 2010, San Jose (United States), Public	Developer of solid-state lithium-metal battery technology for electric vehicle applications	$1B	Volkswagen Group, Toyota Motor & 16 others	73/100
2nd	Amprius Technologies 2009, Fremont (United States), Public	Developer of silicon nano-wire-based Li-Ion batteries	$55M	Kleiner Perkins, Airbus Official & 19 others	72/100
3rd	Sunwoda Electronic 1997, Shenzhen (China), Public	Manufacturer of lithium-ion batteries, energy storage systems, and related hardware	-	Cygnus Equity, Broad Vision Funds & 8 others	71/100
4th	Enovix 2006, Fremont (United States), Public	Battery cells developer for lithium-ion batteries	$220M	DCM Ventures, Sofinnova Investments & 10 others	69/100
5th	24m Technologies 2010, Cambridge (United States), Series H	Developer of battery technology for electric vehicles and energy storage	$500M	ITOCHU, CRV & 20 others	69/100
6th	InoBat 2019, Bratislava (Slovakia), Series B	Developer of battery solutions for energy security and sustainable e-mobility	$147M	Rio Tinto, IPM Group & 9 others	68/100
7th	Lifi Labs 2012, San Francisco (United States), Acquired	Provider of building energy management solutions	$14.1M	AngelCube, Collab Fund & 7 others	67/100
8th	Deako 2015, Seattle (United States), Series B	Manufacturer of modular smart lighting systems and related accessories	$65.1M	Kinetic Ventures, Y Combinator & 10 others	67/100
9th	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$14.1M	Subhkam Ventures, Transition VC & 48 others	67/100
10th	Factorial Energy 2013, Woburn (United States), Series D	Developer of sustainable solid-state batteries	$244M	Stellantis, Mercedes-Benz & 16 others	66/100
93rd	SPINOFF Technopark 2008, Chandigarh (India), Seed	Multi-sector industrial manufacturing and engineering company	$1.38M	Alstone Textiles India, Crystal International Group ... & 3 others	50/100

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Founders (largest shareholder) own 80.92%, Parent Entities own 13.79%, Enterprises own 0.00% and Angels own 5.24%. The net worth of SPINOFF Technopark's founders is INR 66Cr as of Jan 17, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	80.92%	66Cr	9033346	2741275	6342822	9209807
Sanjay Gupta	3841826	9001244	3612104	5053876	6061232	8783178
Kanchan Gupta	8216416	3534234	4809873	9573354	3726382	7845397
Parent Entity	13.79%	11.2Cr	6688986	7192782	5106741	5877247
Enterprise	-	0	0	0	0	0
Angel	5.24%	4.27Cr	47528	52205	91023	90389
Other People	0.05%	3.96L	0	0	0	0
Total	100.00%	81.6Cr	9018972	4297466	1777661	7530721