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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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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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ACME Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ACME Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acme Group
Frequently Asked Questions about ACME Group
When was ACME Group founded?
ACME Group was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Where is ACME Group located?
ACME Group is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is ACME Group a funded company?
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.
How many employees does ACME Group have?
As of May 31, 2024, the latest employee count at ACME Group is 202.
What is the annual revenue of ACME Group?
Annual revenue of ACME Group is $3.25M as on Mar 31, 2024.
What does ACME Group do?
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.
Who are the top competitors of ACME Group?
ACME Group's top competitors include Avaada Group, Hero Future Energies and Azure Power.
Who are ACME Group's investors?
ACME Group has 30 investors. Key investors include Kotak Mahindra Bank, Piramal Group, EDF Renewable, Eren Groupe, and Earthstone Holding.
What is ACME Group's valuation?
The valuation of ACME Group is $3.06B as of Nov 2007.
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