About Ayana
Ayana is a company based in Bengaluru (India) founded in 2017 was acquired by ONGC in February 2025. Ayana has raised $720 million across 3 funding rounds from investors including ONGC, Hindalco and British International Investment. The company has 158 employees as of May 31, 2025. Ayana operates in a competitive market with competitors including Rays Power Infra, Amplus Solar, Fourth Partner Energy, SB Energy and Oriano Solar, among others.
- Headquarter Bengaluru, India
- Employees 158 as on 31 May, 2025
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$111.5 M (USD)-3as on Mar 31, 2024
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Net Profit
$5.42 M (USD)-42as on Mar 31, 2024
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EBITDA
$86.96 M (USD)-1as on Mar 31, 2024
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Total Equity Funding
$720 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
ONGC
& 5 more
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Employee Count
158
as on May 31, 2025
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Acquired by
ONGC
(Feb 12, 2025)
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People of Ayana
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Funding Insights of Ayana
Ayana has successfully raised a total of $720M across 3 strategic funding rounds. 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 Ayana
Ayana has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include ONGC, Hindalco and British International Investment.
| Investor | Description | Founded Year | Domain | Location |
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Infrastructure investment and management are conducted in India.
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Private equity, infrastructure, and funds on funds focused on multiple sectors
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Government agency focused on small and medium-sized businesses
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Investor details for Ayana
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Investments & Acquisitions by Ayana
Investment portfolio details for Ayana
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Financial Statements - Ayana
Detailed financials for Ayana
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Ayana Comparisons
Peer comparison for Ayana
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Competitors of Ayana
Ayana 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 Rays Power Infra, Amplus Solar, Fourth Partner Energy, SB Energy and Oriano Solar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Turnkey solar engineering, procurement, and construction solutions are provided.
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Solar installation services and renewable energy solutions are provided.
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On-grid and off-grid solar solutions and products are provided.
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Solar energy projects are developed and managed globally.
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Solar energy projects are developed by Oriano Solar in India.
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EPC and MEP services are provided across diverse sectors.
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Detailed competitors of Ayana
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Latest news on Ayana
Complete news archive for Ayana
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Frequently Asked Questions about Ayana
Ayana was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Ayana is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shivanand Nimbargi is the current CEO of Ayana.
Ayana is a funded company, having raised a total of $720M across 3 funding rounds to date.
As of May 31, 2025, the latest employee count at Ayana is 158.
Annual revenue of Ayana is $111.5M as on Mar 31, 2024.
Ayana was founded in 2017 and is based in Bengaluru, India. Renewable energy projects, including utility-scale solar, wind, hybrid, and round-the-clock solutions, are developed and managed. Close to 5 GWac of such projects are overseen in the clean energy sector. Focus is placed on sustainable power generation for utilities and large-scale applications across the region.
Ayana's top competitors include Rays Power Infra, Fourth Partner Energy and Oriano Solar.
Ayana has 6 investors. Key investors include ONGC, Hindalco, British International Investment, NIIF, and Ngel.