Avaada Energy

About Avaada Energy

Avaada Group is a leading renewable energy company in India committed to building a sustainable future. Inspired by nature's potential, the company channels renewable sources like wind, water, and solar to power human development, aligning with a mission to nurture the planet and support life through sustainable infrastructure.

Products & Services

Renewable Energy:Empowering the renewable energy transition with visionary solutions, including solar and wind energy projects.

Solar PV Manufacturing:Conceptualizing, designing, and delivering world-class solar technology.

Green Fuels:Powering India's clean energy transition with products like Green Ammonia, Green Methanol, and Sustainable Aviation Fuel.

Energy Storage Solutions:Providing pumped hydro storage and battery energy storage solutions to support renewable energy integration.

Specialties

Solar Energy Wind Energy Green Hydrogen Green Ammonia Green Methanol Sustainable Aviation Fuel Energy Storage Solutions Pumped Hydro Storage Battery Energy Storage Systems

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Refinancing T: - FT: Refinancing	A: 535000000 MR: - FA: INR 4,471 crore (~USD 535 Million) FAN: 535000000	D: 2024-04-30 FD: 2024-04-30	1 investors
2	RT: Equity Round T: - FT: Equity Round	A: 1300000000 MR: - FA: $1.3 billion FAN: 1300000000	D: 2023-06-30 FD: 2023-06-30	2 investors
3	RT: Equity T: - FT: Equity	A: 1300000000 MR: - FA: INR 10,700 crore ($1.3 billion) FAN: 1300000000	D: 2023-06-30 FD: 2023-06-30	2 investors
4	RT: Investment (Equity/Debt not specified) T: - FT: Investment (Equity/Debt not specified)	A: 1070000000 MR: - FA: US $1.07 billion FAN: 1070000000	D: 2023-05-03 FD: 2023-05-03	2 investors
5	RT: Investment (Equity/Debt not specified) T: - FT: Investment (Equity/Debt not specified)	A: 1070000000 MR: - FA: US $1.07 billion FAN: 1070000000	D: 2023-04-26 FD: 2023-04-26	2 investors
6	RT: Investment (unspecified type) T: - FT: Investment (unspecified type)	A: 1070000000 MR: - FA: US $1.07 billion FAN: 1070000000	D: 2023-04-26 FD: 2023-04-26	2 investors

Refinancing Latest

2024-04-30

$535.0M

1 investor (Pro only)

Equity Round 2023-06-30

$1.3B

Equity 2023-06-30

$1.3B

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

V

Vineet Mittal

Chairman

S

Sindoor Mittal

Vice Chairperson

K

Kishor Nair

CEO - IPP Business

V

Vinoo George

President - Manufacturing

L

Lalit Sharma

President - Procurement

R

Radha MS

President - Procurement

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Recent News

Avaada Energy Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised