About Claro Energy
Claro Energy is an Energy & Utilities company based in Delhi (India) founded in 2011 by Gaurav Kumar and Soumitra Mishra. Solar powered water pumping solutions. Claro Energy has raised $10.74 million across 8 funding rounds from investors including RBL Bank, SIDBI Venture Capital and Powering Agriculture. Claro Energy was last valued at $10.23 million in January 2018. Its chief executive, as recorded, is Soumitra Mishra. Its Indian entity Claro Energy Limited reported revenue of ₹38.65 Cr. Its focus areas include Energy, Solar Energy, Solar Products and Pumps. Its competitors include Ecozen Solutions and Mecwin; 2 of its 2 listed competitors have raised funding.
Company details
Claro Energy was founded in 2011 in Delhi, India, and operates within the solar energy sector. Solar pumps have been installed across various states for drinking water, irrigation, purification, and aquaculture uses. Annual growth of 500 has been recorded, with pay-per-use models planned for Bihar and Uttar Pradesh. The Skoch Achiever Award was received in 2014 for contributions as an SME.
- Headquarters Delhi, India
- Founders Gaurav Kumar, Soumitra Mishra
- Stage Minicorn
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website claroenergy.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Claro Energy Private Limited
- Date of Incorporation 15 Jan, 2011
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹38.65 Cr
FY 2024 · +30% YoY
- Net Profit₹1.02 Cr
FY 2024 · 3% margin
- EBITDA₹1.49 Cr
FY 2024 · 4% margin
- Total Equity Funding$10.74M (USD)
in 8 rounds
- Latest Funding Round$3.17M (USD), Series B
Jun 2026
- InvestorsRBL Bank
& 56 more
Associated legal entities of Claro Energy
Claro Energy operates through Claro Energy Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Claro Energy Limited CIN U40106DL2011PLC212623 | Active | 15 Jan 2011 | New Delhi, Delhi | ₹38.7 Cr | 38 | 3 | View details |
Apps and channels of Claro Energy
its YouTube channel Claro Energy has 399 subscribers and 20 videos.
Videos from Claro Energy
The most watched videos on Claro Energy's YouTube channel, Claro Energy (399 subscribers). Click a video to play it here.
More on Claro Energy.
Funding Insights of Claro Energy
Claro Energy has successfully raised a total of $10.74M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $3.17 million completed in June 2026. 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 $10.74M
- Total Rounds 8
- Last Round Series B — $3.17M
- First Round $326,570
(Oct 2013)
- Investors Count 57
All 8 funding rounds of Claro Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2026 | $3.17M | Series B | – | – | |
| Oct 2025 | $3.99M | Series B | – | – | |
| Sep 2024 | $2.21M | Series A | – | – | |
| Jan 2018 | $785,363 | Series A | $10.23M | SIDBI Venture Capital | – |
| Sep 2015 | $500,000 | Grant | – | – | |
| Feb 2015 | $2M | Debt – Conventional | – | – | |
| Jan 2015 | $257,144 | Seed | $9.24M | Ashish Mishra | |
| Oct 2013 | $326,570 | Seed | $••••• | Arun Singhal, Sheetal Bahl |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2018 | $10.23M | •••••••• |
| Jan 2015 | $9.24M | •••••••• |
| Oct 2013 | $••••• | •••••••• |
Full valuation and stage history of Claro Energy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $10.23M (Jan 2018). 57 investors in total: 11 institutional and 46 angel.
Investors in Claro Energy
Claro Energy has secured backing from 57 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include RBL Bank, SIDBI Venture Capital and Powering Agriculture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital management for SMEs and startups in India. | 1999 | sidbiventure.co.in | Mumbai, India | |
Government-backed organization focused on advancing the agriculture sector. | 2012 | poweringag.org | United States | |
Commercial banking services for personal and business needs are provided. | 1943 | rblbank.com | Mumbai, India | |
Limited information is available on Surin Investment's investment activities. | ||||
Brokerage and depository services are offered in financial markets. | wallfort.com | |||
| ksplindia.com | ||||
| s-amit.com | ||||
| elaracapital.com | ||||
| perfecthomfin.in | ||||
AJ Abhishek Jain | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_310b8b8c64c948b0a |
Investor details for Claro Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Claro Energy Limited (Claro Energy)
Claro Energy Limited is the primary company behind Claro Energy. The board of Claro Energy Limited currently have 3 directors; the longest-serving is Kartik Wahi, appointed in 2011. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kartik Wahi DIN 03299193 | Director | 15 Jan 2011 | 15 yrs 9 mo | Claro Energy Limited |
| Gaurav Kumar DIN 03512962 | Director | 02 Sep 2011 | 15 yrs 2 mo | Claro Energy Limited |
| Rajesh Mishra DIN 03274839 | Additional Director | 06 Jan 2026 | 10 mo | Claro Energy Limited |
People of Claro Energy
2 people are tracked at Claro Energy (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Soumitra Mishra | Co-Founder & CEO | Leadership |
Complete people profiles for Claro Energy
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Financials of Claro Energy
Figures of Claro Energy Limited, the primary company behind Claro Energy, for FY 2024. Revenue was ₹38.65 Cr (+30% year on year). Net profit was ₹1.02 Cr (3% margin). EBITDA was ₹1.49 Cr (4% margin). Revenue has grown at a compounded annual rate of -4% over three years and -10% over five years.
- ₹38.65 CrRevenue · FY 2024 · +30% YoY
- ₹1.02 CrNet profit · 3% margin
- ₹1.49 CrEBITDA · 4% margin
- ₹63.2 LakhPaid-up capital
- 38Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Claro Energy Limited are on its company page.
Detailed financial statements for Claro Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Claro Energy
4 dated milestones of Claro Energy across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Claro Energy is founded.
- Funding First funding round of $327K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $3.2M.
Competitors of Claro Energy
Claro Energy has 2 listed competitors in our database, 2 of them funded. They include Ecozen Solutions and Mecwin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecozensolutions.com | 2010 | Pune, India | $76.38M | 702 | Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | |
| mecwinindia.com | 2017 | Bengaluru, India | $2.53M | 72 | EV motors, solar pumps, controllers, and IoT products are manufactured. |
Detailed competitors of Claro Energy
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Web traffic of Claro Energy
The website of Claro Energy (claroenergy.in) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 28% vs previous month
Websites whose visitors overlap most with Claro Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| renew.com | 100% | 77.9K | #440,758 | View details | |
| tatapowersolar.com | 100% | 111.7K | #387,050 | View details | |
claro.com.do | claro.com.do | 40% | #32,603 | – | |
 thewotrblog.wordpress.com | thewotrblog.wordpress.com | 29% | – | ||
| sahajsolar.com | 29% | 5.1K | #3,517,064 | View details |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Claro Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Claro Energy
Complete news archive for Claro Energy
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Frequently Asked Questions about Claro Energy
Claro Energy was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Claro Energy is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Soumitra Mishra is the CEO of Claro Energy, as recorded in our data. They have also founded this company.
Claro Energy is a funded company, having raised a total of $10.74M across 8 funding rounds to date. The company's 1st funding round was a Seed of $326.57K, raised on Oct 2013.
The primary company behind Claro Energy, Claro Energy Limited, reported revenue of ₹38.65 Cr for FY 2024, up 30% year on year.
Claro Energy was founded in 2011 in Delhi, India, and operates within the solar energy sector. Solar pumps have been installed across various states for drinking water, irrigation, purification, and aquaculture uses. Annual growth of 500 has been recorded, with pay-per-use models planned for Bihar and Uttar Pradesh. The Skoch Achiever Award was received in 2014 for contributions as an SME.
Claro Energy's top competitors include Ecozen Solutions and Mecwin.
Claro Energy has 57 investors. Key investors include RBL Bank, SIDBI Venture Capital, Powering Agriculture, Abhishek Jain, and Sushil Page.
The valuation of Claro Energy is $10.23M as of Jan 2018.
Claro Energy operates through Claro Energy Limited.
The legal entities of Claro Energy currently have 3 directors, including Kartik Wahi, Rajesh Mishra, Gaurav Kumar.