INDIAN ENERGY EXCHANGE LTD. (IEX) is India’s premier power trading platform. Providing a transparent, neutral, demutualized and automated platform for physical delivery of electricity, IEX enables efficient price discovery and counter-party risk management for participants of the electricity market, including industries eligible for open access.
Today, about 4,000 participants across utilities from 29 States, 5 Union Territories (UTs), 1,000+ private generators (both commercial and renewable energy) and more than 3,500 open access consumers are leveraging the Exchange platform to manage their power portfolio in the most competitive and reliable way.
Location: India, Delhi, New Delhi
Employees: 51-200
Phone: +91 11 4300 4000
Total raised: $15.59M
Founded date: 2008
Investors 6
Date | Name | Website |
- | Lightspeed... | lsvp.com |
- | Madison In... | madison-in... |
- | TVS Capita... | tvscapital... |
- | Multiples ... | multiplese... |
- | Global Env... | globalenvi... |
- | Bessemer V... | bvp.com |
Funding Rounds 1
Date | Series | Amount | Investors |
30.12.2010 | - | $15.59M | Bessemer V... |
Mentions in press and media 5
Date | Title | Description | Source |
04.03.2022 | Renewable Energy Trading Up by 61% MoM to 453 MU at IEX in F... | Arjun Joshi Arjun Joshi is a staff reporter at Mercom India. Before joining Mercom, he worked as a t... | mercomindi... |
22.02.2022 | Renewable Energy Trading Declined by 23% MoM to 280 MU at IE... | Harsh Shukla Harsh Shukla is a staff reporter at Mercom India. Previously with Indian Express, he ha... | mercomindi... |
06.11.2014 | TVS Capital leads $94M deal to buy FTIL’s 25.64% stake in In... | Blackstone-backed Financial Technologies (India) Ltd (FTIL) has entered into a share purchase agreem... | vccircle.c... |
30.12.2010 | Bessemer, Lightspeed Invest Rs 70Cr In Indian Energy Exchang... | Silicon Valley headquartered investors Bessemer Venture Partners and Lightspeed Venture Partners hav... | vccircle.c... |
- | iSPIRT launches iSPIxB2B, an Index for Measuring the “Made i... | The Indian startup and tech ecosystem has seen a major uplift and interest from investors as well as... | inc42.com/... |