EKI Energy Services

As one of the major power trading companies in India, we facilitate short term and long-term sale and purchase of power to utilities, generators, industrial and commercial clients. We are registered as a trading and clearing member of both the Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL), having traded over 50,000 MUs since inception.

Provider of Smart-grid technology, software on top of the existing power distribution layer. The additional layer is added through an IEMU device, such as SmartSense. The device has an in-built SIM card which sends out critical data such as consumption, pilferage and over-shoot of consumption limits to the consumer's computer, smartphone or any internet-enabled device. It uses a cloud-based data storage model for consumption analytics. Has 100+ industrial units / 450+ customers in Gujarat, Maharashtra, Punjab, Karnataka, Tamil Nadu, Andhra Pradesh and some other states use the Ecolibrium product. Has also launched a Consumer Portal for BSES customers to track energy usage through a mobile application and set alerts for critical parameters. Incubated at the Indian Institute of Management-Ahmedabad (IIM-A)'s Centre of Incubation, Innovation and Entrepreneurship (CIIE) as a smart-grid and energy management start-up. It is supported by the Ministry of New and Renewable Energy and funded by the IFC. Customers include Ranbaxy, Zydus, Fiat, Stovec, Mitsui among others. Raised $2.6M in a funding round led by Infuse Ventures, JLL Technology Ventures, and an undisclosed angel investor in July 2017.

Eka is a global leader in providing digital solutions for trading and risk, supply chain management and financial services driven by cloud, blockchain, machine learning and analytics. The company’s best-of-breed solutions serve the entire trading value chain across agriculture, energy, metals and mining, and manufacturing markets.Eka’s cloud platform provides advanced analytics, one source of data and an automation engine, providing maximum flexibility and investment protection as business needs and market requirements change.Eka is committed to ensuring its 100+ clients can work from anywhere and collaborate across ecosystems within a secure and trusted environment.

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