About ACME Group
ACME Group is a company based in Gurugram (India) founded in 2003 by Manoj Upadhyay. ACME Group has raised $212.19 million across 5 funding rounds from investors including Kotak Mahindra Bank, Piramal Group and EDF Renewable. The company has 202 employees as of May 31, 2024. ACME Group operates in a competitive market with competitors including Greenko Group, Acciona Energy, Avaada Group, Azure Power and Hero Future Energies, among others.
- Headquarter Gurugram, India
- Employees 202 as on 31 May, 2024
- Founders Manoj Upadhyay
- Stage Unicorn
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$3.25 M (USD)-1as on Mar 31, 2024
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Net Profit
$997.51 K (USD)46as on Mar 31, 2024
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EBITDA
$2.82 M (USD)-2as on Mar 31, 2024
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Total Equity Funding
$212.19 M (USD)
in 5 rounds
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Latest Funding Round
$107.8 M (USD), Debt – Conventional
Jul 05, 2017
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Investors
Kotak Mahindra Bank
& 29 more
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Employee Count
202
as on May 31, 2024
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People of ACME Group
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Funding Insights of ACME Group
ACME Group has successfully raised a total of $212.19M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $107.8 million completed in July 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $107.8M
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First Round
First Round
(25 Jun 2007)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Debt – Conventional - ACME Group | Valuation |
investors |
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| Nov, 2016 | Amount | Series D - ACME Group | Valuation | Piramal Group |
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| Dec, 2013 | Amount | Series D - ACME Group | Valuation | EDF Renewable , Eren Groupe |
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Investors in ACME Group
ACME Group has secured backing from 30 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kotak Mahindra Bank, Piramal Group and EDF Renewable.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Energy and multiple sectors are invested in by Earthstone Holding.
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Founded Year | Domain | Location | |
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Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate
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Founded Year | Domain | Location | |
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Develops, builds, and operates wind, solar, and storage projects internationally.
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Founded Year | Domain | Location |
Investments & Acquisitions by ACME Group
Financial Statements - ACME Group
Acme Group Comparisons
Competitors of ACME Group
ACME Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Greenko Group, Acciona Energy, Avaada Group, Azure Power and Hero Future Energies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Energy transition and decarbonization solutions are provided by Greenko Group.
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| domain | founded_year | HQ Location |
Renewable energy is developed, constructed, and marketed globally.
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| domain | founded_year | HQ Location |
Renewable energy projects in solar, wind, and storage are developed.
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| domain | founded_year | HQ Location |
Provider of independent power producer in the utility scale renewable energy
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| domain | founded_year | HQ Location |
Renewable energy projects are developed for utility-scale and commercial use.
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Frequently Asked Questions about ACME Group
ACME Group was founded in 2003 and raised its 1st funding round 4 years after it was founded.
ACME Group is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
ACME Group is a funded company, having raised a total of $212.19M across 5 funding rounds to date. The company's 1st funding round was a Series D of $89.17M, raised on Jun 25, 2007.
As of May 31, 2024, the latest employee count at ACME Group is 202.
Annual revenue of ACME Group is $3.25M as on Mar 31, 2024.
ACME Group was founded in 2003 and is headquartered in Gurugram, India. Operations focus on the renewable energy sector, where solar energy projects are developed and executed. Services encompass the implementation of solutions tailored to sustainability goals. The company manages projects from inception through completion, with oversight by founder Manoj Upadhyay as Managing Director. Additional leadership is provided by Ramamurthy Muthusamy.
ACME Group's top competitors include Avaada Group, Hero Future Energies and Azure Power.
ACME Group has 30 investors. Key investors include Kotak Mahindra Bank, Piramal Group, EDF Renewable, Eren Groupe, and Earthstone Holding.
The valuation of ACME Group is $3.06B as of Nov 2007.