When was TSi Power founded?

TSi Power was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is TSi Power located?

TSi Power is headquartered in Vadodara, India. It is registered at PLOT NO : 154-155, SIDDHI INDUSTRIAL INFRA PARK WAGHODIA, Vadodara, VADODARA, Gujarat, India, 391760.

Which legal entities is TSi Power associated with?

TSi Power is associated with TSI POWER PRIVATE LIMITED.

How many employees does TSi Power have?

As of Aug 31, 2025, the latest employee count at TSi Power is 80.

Is TSi Power a funded company?

TSi Power is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 23, 2012.

How much is TSi Power worth?

The latest valuation of TSi Power is ₹***** as of Aug 02, 2013.

When was the latest funding round of TSi Power?

TSi Power's latest funding was a $***** Seed round on Apr 23, 2012, with participation from 6 investors.

What is the annual revenue of TSi Power?

Annual revenue of TSi Power is ₹36.5Cr as on Mar 31, 2025.

Where does TSi Power rank among its competitors?

TSi Power ranks 8th amongst 71 active competitors, of which 9 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Heimdall Power, which secured $25M in Jul, 2024.

Who are the top competitors of TSi Power?

TSi Power's top competitors include Danfoss, myenergi and Heimdall Power. Among them, Heimdall Power secured the most recent funding round in July, 2024.

TSi Power - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Website: tsipower.in
Email ID: *****@tsipower.in
Phone Number: +91 **********
Registered Address: PLOT NO : 154-155, SIDDHI INDUSTRIAL INFRA PARK WAGHODIA, Vadodara, VADODARA, Gujarat, India, 391760

Key Metrics

Founded Year

2011

Location

Vadodara, India

Stage

Seed

Total Funding

$217K in 1 round

Latest Funding Round

Seed, Apr 23, 2012, $*****

Post Money Valuation

₹***** as on Aug 02, 2013

Investors

TSI Power & 10 more

Ranked

8^th among 71 active competitors

Annual Revenue

₹36.5Cr as on Mar 31, 2025

Employee Count

80 as on Aug 31, 2025

Similar Companies

Danfoss & 78 more

View TSi Power's full profile

TSi Power is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TSI POWER PRIVATE LIMITED CIN: U31101GJ2011PTC108630 , India, Active	Feb 22, 2011	$4.32M (As on Mar 31, 2025)	80 (As on Aug 31, 2025)

TSi Power has raised a total funding of $217K over 1 round. Its latest funding round was a Seed round on Apr 23, 2012 for $*****. 6 investors participated in its latest round. TSi Power has 1 institutional investor and 10 angel investors.

Here is the list of recent funding rounds of TSi Power:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 23, 2012	5168919	Seed	7269569	2668943	6600530	6726958

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View details of TSi Power's funding rounds and investors

The founders of TSi Power are Rajesh Nandan Pande, Peter Nystrom and Umesh Kumar.

Here are the details of TSi Power's key team members:

Rajesh Nandan Pande: Co-Founder & Managing Director of TSi Power. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Peter Nystrom: Co-Founder of TSi Power. They serve on the board of 1 company.
Contact Info: 1 email address
Umesh Kumar: Co-Founder of TSi Power. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of TSi Power's Founder profiles and Board Members

TSi Power's employee count trend

TSi Power has 80 employees as of Aug 25. The total employee count is 1.0% more than what it was in Aug 24. Here is TSi Power's employee count trend over the years:

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Top competitors of TSi Power include Danfoss, myenergi and Heimdall Power. Here is the list of Top 10 competitors of TSi Power, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Danfoss 1933, Nordborg (Denmark), Acquired	Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy	$41.2M	Emerald Technology Ventures, Gov & 7 others	74/100
2nd	myenergi 2016, Market Rasen (United Kingdom), Series C	Manufacturer of eco-smart home energy management and electric vehicle charging products	$36.8M	Energy Impact Partners, HSBC	71/100
3rd	Heimdall Power 2015, Bergen (Norway), Series B	Provider of real-time dynamic line rating and grid monitoring solutions	$28.6M	Sprettert, Lyse & 7 others	61/100
4th	Joulz 2004, Delft (Netherlands), Acquired	Smart meter installation, meter reading & data management services provider	-	Europa	50/100
5th	Trinity Energy 1985, Vadodara (India), Unfunded	Manufacturer of power quality management products and energy management solutions	-	-	48/100
6th	e-peas 2014, Louvain la Neuve (Belgium), Series C	Developer of power management integrated circuits for energy harvesting applications	$32.1M	Partech Partners, Otium Capital & 16 others	45/100
7th	Voltalis 2008, Puteaux (France), Funding Raised	Provider of solutions for electrical heating and energy consumption management	-	Europa	43/100
8th	TSi Power 2011, Vadodara (India), Seed	Manufacturer of voltage regulators and power related equipment	$217K	TSI Power & 10 others	42/100
9th	Eta Wireless 2016, Cambridge (United States), Acquired	Power management chip provider for wireless communication	$108K	Intel Education Accelerator	37/100
10th	NexTek 1986, Westford (United States), Unfunded	Designs and manufactures EMC and microwave/RF components	-	-	36/100

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Founders (largest shareholder) own 55.67%, Enterprises own 28.87%, Angels own 7.22% and Other People own 8.25%. The net worth of TSi Power's founders is INR 1.62Cr as of Aug 02, 2013.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	55.67%	1.62Cr	2523531	3712345	4546803	9663249
Umesh Kumar	5369011	1281786	1264575	5273968	1152706	5157668
Rajesh Nandan Pande	1214790	2610306	1704662	5611821	7406723	7875933
Enterprise	28.87%	84L	6685554	8874737	5255714	8430490
Angel	7.22%	21L	4612268	7923268	2513864	6238701
Ashish Mittal	65320	12556	48007	12262	28091	51324
Other People	8.25%	24L	8768864	1471791	8685188	3641992
Total	100.00%	2.91Cr	7993827	1861204	8251924	7357294