Livguard

About Livguard

Livguard Energy Technologies Private Limited, founded in 2014, is a manufacturer of energy storage solutions based in Gurugram, India. It is part of the SAR Group, a conglomerate founded by serial entrepreneurs Rakesh Malhotra and Navneet Kapoor in 1988. The founders' prior venture, Luminous Power Technologies, was a major player in the power backup market before they sold their stake to Schneider Electric. Leveraging their extensive experience, Malhotra and Kapoor established Livguard to cater to the growing energy needs in India.

The company's product portfolio includes automotive batteries, inverters and inverter batteries, solar solutions such as panels and inverters, and stabilizers. Livguard serves both residential and commercial clients through a B2B and B2B2C business model, supported by a wide distribution network of dealers and service providers across India and international markets including Nepal, Sri Lanka, and parts of the Middle East and Africa. A significant focus for the company is the transition to cleaner energy, with growing investments in its e-mobility division, particularly lithium-ion batteries for electric vehicles, and comprehensive rooftop solar solutions. The business model emphasizes product innovation, a robust service network, and brand development to gain market share.

As of April 2019, Livguard had raised approximately $65.1 million in funding from investors including ChrysCapital and Ncubate Capital Partners, the investment arm of the SAR Group. The company continues to focus on research and development, aiming to provide technologically advanced and reliable energy products to its customers. Gurpreet Singh Bhatia has served as the company's CEO, leading its expansion and operational strategies.