About Azelio
Azelio is a company based in Goteborg (Sweden) founded in 2008 by Dhananjay Abhang and Shantanu Khanwelkar. Azelio has raised $11.53 million across 3 funding rounds from investors including GAIL.
- Headquarter Goteborg, Sweden
- Founders Dhananjay Abhang, Shantanu Khanwelkar
-
Sectors
Energy & Utilities
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Cleanergy Tech Solutions Pvt. Ltd
- Date of Incorporation 09 Jul, 2019
- Jurisdiction Pune, Maharashtra, India
-
Annual Revenue
$64.96 K (USD)158.78as on Mar 31, 2023
-
Net Profit
$1.08 K (USD)104.19as on Mar 31, 2023
-
EBITDA
$7.46 K (USD)128.91as on Mar 31, 2023
-
Total Equity Funding
$11.53 M (USD)
in 3 rounds
-
Latest Funding Round
$20.09 K (USD), Series A
Nov 16, 2021
- Investors
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Azelio
Unlock access to complete
Unlock access to complete
Funding Insights of Azelio
Azelio has successfully raised a total of $11.53M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20.09 thousand completed in November 2021. 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 Azelio
Azelio has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GAIL.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Natural gas exploration, production, transmission, marketing, and processing are conducted.
|
Locked | Locked | Locked |
Investor details for Azelio
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Azelio
Investment portfolio details for Azelio
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Azelio
Detailed financials for Azelio
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Azelio Comparisons
Peer comparison for Azelio
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Azelio
Detailed competitors of Azelio
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Azelio
Complete news archive for Azelio
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Azelio
Azelio was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Azelio is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Azelio is a funded company, having raised a total of $11.53M across 3 funding rounds to date.
Annual revenue of Azelio is $64.96K as on Mar 31, 2023.
Azelio was founded in 2008 in Gothenburg, Sweden, and operates within the renewable energy sector. Solar thermal solutions are developed, including a CHP system powered by the GasBox Stirling engine for generating electricity from low-grade methane at landfill sites, farms, and wastewater treatment plants. Additionally, the CSP system, driven by the SunBox Stirling engine, enables power production from solar energy at grid parity levels.
Azelio has 1 investor. Key investors include GAIL.