ACME Group

Gurugram, India Founded: 2003 • Age: 23 yrs
Solar energy projects are developed for sustainable energy solutions.
Annual revenue $3.3M Latest available
Total funding $212.2M 5 rounds
Employees 202 Tracked headcount
Investors 30 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.25 M (USD)
    -1
    as on Mar 31, 2024
  • Net Profit
    $997.51 K (USD)
    46
    as on Mar 31, 2024
  • EBITDA
    $2.82 M (USD)
    -2
    as on Mar 31, 2024
  • Total Equity Funding
    $212.19 M (USD)

    in 5 rounds

  • Latest Funding Round
    $107.8 M (USD), Debt – Conventional

    Jul 05, 2017

  • Investors
  • Employee Count
    202

    as on May 31, 2024

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People of ACME Group

Headcount 1000-5000
Employee Profiles 8
Board Members and Advisors 5
Employee Profiles
People
Manoj K Upadhyay
Chairman & MD
People
Nikhil Dhingra
CEO, ACME Solar Holdings & Group Director, Finance
People
Ashwani Dudeja
President & Director, Global Business Development
People
Abhilash Raghavan
Head, ESG

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Board Members and Advisors
people
Rajesh Sodhi
Company Secretary
people
V Krishnan
Director
people
Subhash Kumar
Director
people
Atul Sabharwal
Director

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Energy and multiple sectors are invested in by Earthstone Holding.
Locked Locked Locked
Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate
Locked Locked Locked
Develops, builds, and operates wind, solar, and storage projects internationally.
Locked Locked Locked
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Investor details for ACME Group

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Investments & Acquisitions by ACME Group

Investments
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Investment portfolio details for ACME Group

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Financial Statements - ACME Group

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Detailed financials for ACME Group

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Acme Group Comparisons

ACME Group Primary company
Description
Solar energy projects are developed for sustainable energy s...
Location
Gurugram, India
Founded Year
2003
Annual Revenue
$3.25 M (USD)
Net Profit
$997.51 K (USD)
EBITDA
$2.82 M (USD)
Employees
202
As of 2024
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Peer comparison for ACME Group

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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
Locked Locked Locked
Energy transition and decarbonization solutions are provided by Greenko Group.
Locked Locked Locked
Renewable energy is developed, constructed, and marketed globally.
Locked Locked Locked
Renewable energy projects in solar, wind, and storage are developed.
Locked Locked Locked
Provider of independent power producer in the utility scale renewable energy
Locked Locked Locked
Renewable energy projects are developed for utility-scale and commercial use.
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Detailed competitors of ACME Group

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Latest news on Acme Group

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Complete news archive for ACME Group

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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.

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.

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