About Atria Power
Atria Power is a company based in Bengaluru (India) founded in 1999.. Atria Power has raised $8.6 million across 3 funding rounds from investors including GE Capital and BanyanTree Finance. The company has 24 employees as of March 31, 2024. Atria Power offers products and services including Solar Power Plants, Wind Power Solutions, Hydroelectric Power, Power Trading, and AI Energy Management. Atria Power operates in a competitive market with competitors including Greenko Group, Acciona Energy, Avaada Group, ACME Group and Azure Power, among others.
- Headquarter Bengaluru, India
- Employees 24 as on 31 Mar, 2024
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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
$2.39 M (USD)10as on Mar 31, 2024
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Net Profit
$-373.91 K (USD)96as on Mar 31, 2024
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EBITDA
$-96.4 K (USD)99as on Mar 31, 2024
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Total Equity Funding
$8.6 M (USD)
in 3 rounds
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Latest Funding Round
$113.17 M (USD), Debt – Conventional
Jun 01, 2016
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Investors
GE Capital
& 1 more
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Employee Count
24
as on Mar 31, 2024
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Products & Services of Atria Power
Atria Power offers a comprehensive portfolio of products and services, including Solar Power Plants, Wind Power Solutions, Hydroelectric Power, Power Trading, and AI Energy Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Develops and operates solar PV projects for efficient energy production.
Provides wind power systems for sustainable energy generation.
Harness water resources for clean hydroelectric energy production.
Trades electricity through exchanges to offer cost-effective power.
Uses AI and IoT for optimizing industrial energy consumption and efficiency.
Funding Insights of Atria Power
Atria Power has successfully raised a total of $8.6M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $113.17 million completed in June 2016. 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 3
- Last Round Debt – Conventional — $113.2M
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First Round
First Round
(25 Jun 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Debt – Conventional - Atria Power | Valuation |
investors |
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| Jul, 2014 | Amount | Series B - Atria Power | Valuation |
investors |
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| Jun, 2013 | Amount | Series A - Atria Power | Valuation | BanyanTree Finance |
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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 Atria Power
Atria Power has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include GE Capital and BanyanTree Finance. 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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Investment firm engaging in diverse sector partnerships in India.
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Founded Year | Domain | Location | |
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Commercial aircraft and equipment leasing and lending services are provided.
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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 Atria Power
| 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 - Atria Power
| 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 |
Atria Power Comparisons
Competitors of Atria Power
Atria Power 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, ACME Group and Azure Power, 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 |
Solar energy projects are developed for sustainable energy solutions.
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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 Atria Power
Frequently Asked Questions about Atria Power
When was Atria Power founded?
Atria Power was founded in 1999 and raised its 1st funding round 14 years after it was founded.
Where is Atria Power located?
Atria Power is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Atria Power?
Rayudu Mannam is the current CEO of Atria Power.
Is Atria Power a funded company?
Atria Power is a funded company, having raised a total of $8.6M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8.6M, raised on Jun 25, 2013.
How many employees does Atria Power have?
As of Mar 31, 2024, the latest employee count at Atria Power is 24.
What is the annual revenue of Atria Power?
Annual revenue of Atria Power is $2.39M as on Mar 31, 2024.
What does Atria Power do?
Atria Power was founded in 1999 in Bengaluru, India, and operates in the renewable energy sector. Clean energy solutions are provided, including wind and solar power generation, hybrid systems, and power trading. Long-term and short-term energy supply options are offered, along with solar rooftop installations and demand-side energy management services. Operations focus on reducing greenhouse gas emissions and supporting sustainable development in the region.
Who are the top competitors of Atria Power?
Atria Power's top competitors include Avaada Group, Hero Future Energies and Azure Power.
What products or services does Atria Power offer?
Atria Power offers Solar Power Plants, Wind Power Solutions, Hydroelectric Power, Power Trading, and AI Energy Management.
Who are Atria Power's investors?
Atria Power has 2 investors. Key investors include GE Capital, and BanyanTree Finance.