# Omkar Clean Energy Services Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/omkar-clean-energy-services-private

- Industry: Renewable Energy
- Headquarters: Chennai, India
- Website: www.ocespl.com
- Total disclosed funding: $1M
- Latest round: Series A (Jul 1, 2014)
- Investors on record: 1

## About

Omkar Clean Energy Services Private Limited specializes in providing innovative technology solutions aimed at improving operational efficiency within the clean energy sector.Founded in 2014 and headquartered in Chennai, India, Omkar Clean Energy Services Private Limited focuses on delivering technology-driven solutions in the clean energy sector. In July 2014, the company raised USD 1 mn in Series A funding from MCap Fund Managers. The firm has completed a total of 1 deal to date.Omkar Clean Energy Services Private Limited specializes in innovative technology solutions designed to address specific challenges in the clean energy sector. Their core product offerings include advanced software platforms and integrated hardware systems that streamline operations, enhance productivity, and optimize resource management. Targeted primarily at small to medium-sized enterprises in the clean energy sector, these solutions are aimed at improving efficiency and reducing operational costs. Since their launch, the products have been implemented across various geographical markets, including North America, Europe, and parts of Asia, catering to a diverse client base that includes energy producers, supply chain managers, and energy coordinators. The end-users benefit from these offerings through enhanced data analytics capabilities and improved workflow automation, leading to a more resilient and responsive business environment.In the most recent year of 2023, Omkar Clean Energy Services Private Limited reported a revenue of USD 103,773.40 and an EBITDA of USD -92,495.10. The company's revenue model is built around a combination of subscription-based services and direct sales of proprietary hardware. Transactions typically involve clients purchasing software licenses on an annual basis, complemented by optional maintenance and support packages. Additionally, the company engages in B2B partnerships, where larger clients may negotiate customized solutions tailored to their operational needs. Their flagship product, which integrates seamlessly with existing systems, is priced competitively, providing clients with a clear value proposition for long-term investment. Revenue is generated not only through initial sales but also through recurring fees associated with software updates and customer support, ensuring a steady income stream as clients renew their subscriptions.Omkar Clean Energy Services Private Limited plans to enhance its product portfolio with new technology solutions aimed at addressing emerging challenges in the clean energy sector, with product launches scheduled in 2024. The company is also targeting expansion into new geographic markets, particularly in Southeast Asia, by late 2025. The recent Series A funding of USD 1 mn will be utilized to support these initiatives, enhancing both product development and market entry strategies.

## Funding rounds

- Series A, Jul 1, 2014, $1M — MCap Fund Managers

## Investors

- MCap Fund Managers (https://capitalatlas.ai/funds/mcap-fund-managers) — Series A