CleanMax

Mumbai, India Founded: 2011 • Age: 15 yrs Listed Acquired By Brookfield Asset Management
Solar energy projects are developed for commercial and industrial clients.
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About CleanMax

CleanMax is a publicly listed company based in Mumbai (India) founded in 2011 by Kuldeep Jain and Sushant Arora, and was acquired by Brookfield Asset Management in June 2023. Solar energy projects are developed for commercial and industrial clients. CleanMax has raised $442.67 million across 28 funding rounds from investors including Bessemer Venture Partners, International Finance Corporation and Warburg Pincus. The company has 365 employees. CleanMax was last valued at $520.66 million in June 2024. Its chief executive, as recorded, is Sushant Arora. Its website cleanmax.com draws about 12 thousand monthly visits. Its Indian entity Clean Max Enviro Energy Solutions Limited reported revenue of ₹2,081 Cr. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers.

Company details

CleanMax was founded in 2011 and is headquartered in Mumbai, India. Renewable energy solutions are provided primarily to commercial and industrial sectors, including data centers, textiles, automotive, chemicals, pharmaceuticals, and FMCG industries. Services encompass on-site rooftop solar installations, off-site solar power, wind and wind-solar hybrid farms, energy storage, renewable energy certificates, carbon projects, turnkey development, and customized sustainability options.

  • Headquarters Mumbai, India
  • Employees 365
  • Founders Kuldeep Jain, Sushant Arora
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website cleanmax.com
  • Social LinkedIn X Facebook
  • Acquired by Brookfield Asset Management (Jun 2023)
  • Legal Name Clean Max Enviro Energy Solutions Limited
Operational Areas
Energy & Utilities → Renewable & Sustainable Energy
Energy & Utilities → Renewable & Sustainable Energy
Key Metrics
  • Market Cap
    ₹14,746 Cr

    CLEANMAX · NSE

  • Share Price
    ₹1,254.50

    +0.16% today

  • Revenue
    ₹1,913 Cr

    FY 2025-26 · +27.9% YoY

  • EBITDA
    ₹1,132 Cr

    Margin 59.2%

  • Net Profit
    ₹63.31 Cr

    FY 2025-26 · +121.2% YoY

  • P/E (TTM)
    82.6x

    P/B 3.1x

  • ROE
    2.1%

    ROCE 6.3%

  • Debt / Equity
    2.88

    Interest cover 104.5x

  • Total Equity Funding
    $442.67M (USD)

    in 28 rounds

  • Latest Funding Round
    $1.69M (USD), Series F

    Apr 2025

  • Investors
    Bessemer Venture Partners

    & 31 more

  • Employee Count
    365
  • Acquired by
    Brookfield Asset Management

    & 1 more

    (Jun 2023)

Funding Insights of CleanMax

CleanMax has successfully raised a total of $442.67M across 28 strategic funding rounds. The most recent funding activity was a Series F round of $1.69 million completed in April 2025. 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 $442.67M
  • Total Rounds 28
  • Last Round Series F — $1.69M
  • First Round $343,000

    (May 2011)

  • Investors Count 31

Latest 10 of 28 funding rounds of CleanMax with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2025$1.69MSeries F–Maroc Numeric Fund
CDG Invest, Bpifrance
Jun 2024$47.93MSeries F$520.66MBrookfield Asset Management
–
Feb 2024$12.07MSeries F$469.96MBrookfield Asset Management
–
Dec 2023Series F–UltraTech Cement
–
Oct 2023$2.59MSeries F$•••••Brookfield Asset Management
–
Sep 2023$18.01MSeries F$•••••Brookfield Asset Management
–
May 2023$30.21MSeries F$•••••Brookfield Asset Management
–
Feb 2023Series F––
Godrej Industries
Dec 2021$28.38MSeries F$•••••–
–
Sep 2021$34.14MSeries F–IFU
Kempinc
Valuation history
DateValuationStage
Jun 2024$520.66M••••••••
Feb 2024$469.96M••••••••
Oct 2023$•••••••••••••
Sep 2023$•••••••••••••
May 2023$•••••••••••••
Dec 2021$•••••••••••••
May 2019$•••••••••••••
Dec 2018$•••••••••••••
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Full valuation and stage history of CleanMax

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
  • Dates
  • Exports

Verified entity values are shown only after access is granted.

Last known valuation $520.66M (Jun 2024). 32 investors in total: 18 institutional and 14 angel.

Investors in CleanMax

CleanMax has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bessemer Venture Partners, International Finance Corporation and Warburg Pincus.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Maroc Numeric Fund
Seed-stage tech startups in Morocco are funded by micro-VC firm.
mnf.maCasablanca, Morocco
CDG Invest
Private equity investments are managed across diverse sectors in Morocco.
cdginvest.maRabat, Morocco
Brookfield Asset Management
Focus is placed on real estate and renewable energy investments.
1899brookfield.comToronto, Canada
IFU
Private equity investment firm
1967ifu.dkCopenhagen, Denmark
Global Climate Partnership Fund
PE and VC investments are directed toward sustainable climate projects.
gcpf.luLuxembourg, Luxembourg
Green Investment Group
Infrastructure funds are focused on green and sustainable energy sectors.
2012greeninvestmentgroup.comEdinburgh, United Kingdom
Warburg Pincus
Multi-stage private equity investments are pursued across diverse sectors.
1966warburgpincus.comNew York, United States
International Finance Corporation
IFC is focused on private sector development in emerging markets.
1956ifc.org
Oliphans Capital
Investment in start-ups, growth capital, and debt financing for business ventures.
2012oliphans.comMumbai, India
VAMM Ventures
Seed and early-stage investments are made primarily in the UAE.
vammventures.comDubai, United Arab Emirates
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Investor details for CleanMax

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Clean Max Enviro Energy Solutions Limited (CleanMax)

Clean Max Enviro Energy Solutions Limited is the primary company behind CleanMax. The board of Clean Max Enviro Energy Solutions Limited currently have 9 directors; the longest-serving is Kuldeep Jain, appointed in 2010. 29 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kuldeep Jain
DIN 02683041
Managing Director29 Sep 201016 yrs 1 moClean Max Enviro Energy Solutions Limited
Pratap Jain
DIN 00101829
Director03 Apr 201214 yrs 7 moClean Max Enviro Energy Solutions Limited
Nikunj Gopal Ghodawat
DIN 07721006
CFO04 Apr 20224 yrs 7 moClean Max Enviro Energy Solutions Limited
Nawal Saini
DIN 08259154
Director25 May 20233 yrs 5 moClean Max Enviro Energy Solutions Limited
Murzash Manekshana
DIN 00207311
Director26 Oct 20233 yrsClean Max Enviro Energy Solutions Limited
Santosh Janakiram Iyer
DIN 06801226
Director09 Jul 20251 yr 4 moClean Max Enviro Energy Solutions Limited
Shilpa Shridhar Divekar
DIN 06619353
Director09 Jul 20251 yr 4 moClean Max Enviro Energy Solutions Limited
Arijit Basu
DIN 06907779
Director14 Aug 20251 yr 2 moClean Max Enviro Energy Solutions Limited
Ajay Kaul
DIN 00062135
Director14 Aug 20251 yr 2 moClean Max Enviro Energy Solutions Limited

People of CleanMax

3 people are tracked at CleanMax (3 in leadership); the tracked headcount is 365.

NameRoleGroup
Kuldeep Jain
Co-Founder & Managing DirectorLeadership
Sushant Arora
Co-Founder & CEOLeadership
Pramod Deore
CEOLeadership
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Complete people profiles for CleanMax

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of CleanMax

CleanMax is a publicly listed company on the BSE with ticker symbol CLEANMAX in India, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onBSE: CLEANMAX
  • Listed entityCLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED
  • Exchange sectorUtilities
  • ISININE647U01026
  • Share price₹1,237.00 (+4.04% on the day) · 2026-05-11
  • Market capitalisation₹13,901 Cr
  • Volume (last session)20,840
  • Analyst consensusStrong buy

Financials of CleanMax

Exchange-reported figures of Clean Max Enviro Energy Solutions Limited, the listed company behind CleanMax (NSE: CLEANMAX).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,913 Cr
+27.9% YoY
EBITDA
₹1,132 Cr
+25.7% YoY
Profit After Tax
₹63.31 Cr
+121.2% YoY
Net Worth
₹4,638 Cr
+80.9% YoY
Total Assets
₹18,548 Cr
+62.3% YoY
Total Debt
₹12,684 Cr
+56.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue1,9131,4961,390930702621
Revenue growth+27.9%+7.6%+49.5%+32.5%+13.0%-
EBITDA1,132900695285283238
EBITDA margin+59.2%+60.2%+50.0%+30.7%+40.3%+38.4%
Profit before tax13552.184.90(18.12)51.7243.90
Net profit63.3128.62(124)80.8637.5326.14
Net profit margin+3.3%+1.9%-8.9%+8.7%+5.4%+4.2%
EPS (₹)8.0454.90(70.44)(179.95)83.97334.00
Balance sheet
Total assets18,54811,4277,9085,5683,1022,283
Net worth4,6382,5631,8331,2111,26150.36
Total debt12,6848,0875,5703,9711,6051,341
Cash & bank2,2881,189382530324182
Net working capital(602)28142.40(349)31.090.97
Cash flow
Cash from operations1,7311,40486.28928434489
Cash from investing(5,953)(3,606)(1,939)(3,011)(1,034)(510)
Cash from financing5,0952,4811,7892,14458245.18
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue728832557422531402446374
Revenue growth (YoY)+37.1%+106.8%+25.1%+13.0%----
Other income24.1042.4384.5044.1431.458.9054.0235.63
EBITDA524421268263335266257184
EBITDA margin+72.1%+50.6%+48.0%+62.3%+63.2%+66.0%+57.6%+49.3%
Depreciation13911596.6811188.8183.4580.9382.90
Interest289255180190195221204154
Profit before tax12094.0175.256.6382.62(29.54)26.22(16.63)
Tax55.0338.8229.86(14.55)47.03(12.94)8.98(12.21)
Net profit64.9455.1945.3921.1835.59(16.60)17.24(4.42)
EPS (₹)3.984.115.022.682.41(1.35)2.20(59.24)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue6,0032,2702,1062,776927812387
Revenue growth+164.4%+7.8%-24.1%+199.4%+14.1%+110.0%-
EBITDA1,10442944126484.1767.3829.06
EBITDA margin+18.4%+18.9%+20.9%+9.5%+9.1%+8.3%+7.5%
Profit before tax1,03938938920985.5149.471.98
Net profit77029228818770.7036.54(1.34)
Net profit margin+12.8%+12.9%+13.7%+6.7%+7.6%+4.5%-0.4%
EPS (₹)65.54587.80641.99363.88171.89487.4419.54
Balance sheet
Total assets7,8774,9893,6672,5471,5981,0511,061
Net worth5,6483,4002,4781,5541,405159846
Total debt2,1681,5491,179984183161208
Cash & bank1,43928657.3613419687.9952.74
Net working capital63.73(243)(11.03)(365)365144195
Cash flow
Cash from operations2,9451,08358.4594718.5012534.25
Cash from investing(3,741)(1,677)(707)(1,553)(474)(32.10)(218)
Cash from financing1,671779636597437(68.01)207
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,2882,1251,8971,5211,4581,1281,039639
Revenue growth (YoY)-11.7%+88.4%+82.5%+137.9%----
Other income93.0517211190.9190.8561.6957.4247.74
Total expenses1,0751,7071,6691,1461,131953886488
EBITDA212418227375327175153151
EBITDA margin+16.5%+19.7%+12.0%+24.7%+22.4%+15.5%+14.7%+23.6%
Depreciation15.8913.7413.4314.0312.2410.4911.2410.10
Interest79.2010813695.0286.6351.8061.2846.19
Profit before tax210468189357319174138142
Tax54.1311864.2087.0079.7340.7823.9337.97

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue728832557422531402446374
Revenue growth (YoY)+37.1%+106.8%+25.1%+13.0%----
Other income24.1042.4384.5044.1431.458.9054.0235.63
EBITDA524421268263335266257184
EBITDA margin+72.1%+50.6%+48.0%+62.3%+63.2%+66.0%+57.6%+49.3%
Depreciation13911596.6811188.8183.4580.9382.90
Interest289255180190195221204154
Profit before tax12094.0175.256.6382.62(29.54)26.22(16.63)
Tax55.0338.8229.86(14.55)47.03(12.94)8.98(12.21)
Net profit64.9455.1945.3921.1835.59(16.60)17.24(4.42)
EPS (₹)3.984.115.022.682.41(1.35)2.20(59.24)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue1,9131,4961,390930702621
Revenue growth+27.9%+7.6%+49.5%+32.5%+13.0%-
Other income16911535.4731.4021.5915.98
Total expenses781595694644419383
Employee cost10410515867.5146.8134.11
EBITDA1,132900695285283238
EBITDA margin+59.2%+60.2%+50.0%+30.7%+40.3%+38.4%
Depreciation38030022211885.5769.76
Interest786663504217167141
Profit before tax13552.184.90(18.12)51.7243.90
Tax49.4040.3243.8443.3221.8718.59
Net profit63.3128.62(124)80.8637.5326.14
Net profit margin+3.3%+1.9%-8.9%+8.7%+5.4%+4.2%
EPS (₹)8.0454.90(70.44)(179.95)83.97334.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital11.715.074.403.633.620.76
Reserves & surplus4,6272,5581,8291,2071,25749.60
Shareholders' funds (net worth)4,6382,5631,8331,2111,26150.36
Minority interest88564140125812293.99
Secured loans11,4257,9745,5153,8431,6051,341
Unsecured loans1,25911455.861280.000.00
Total debt12,6848,0875,5703,9711,6051,341
Total liabilities18,54811,4277,9085,5683,1022,283
Assets
Gross block13,2438,9627,2523,3102,4152,215
Net block11,9548,0606,6492,9292,1492,031
Capital work in progress5,3431,9136802,683603112
Investments13776.1592.9348.5441.877.49
Inventories39.9552.0839.9676.7569.9214.04
Sundry debtors27818825216999.5147.78
Cash & bank balances2,2881,189382530324182
Loans & advances799440329179147106
Total current assets3,4051,8691,003956641350
Total current liabilities4,0071,5899611,305610349
Net working capital(602)28142.40(349)31.090.97
Total assets18,54811,4277,9085,5683,1022,283
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash32949.6211351.9569.2745.09
Net cash from operating activities1,7311,40486.28928434489
Net cash from investing activities(5,953)(3,606)(1,939)(3,011)(1,034)(510)
Net cash from financing activities5,0952,4811,7892,14458245.18
Net change in cash873279(63.55)61.21(17.32)24.18
Closing cash2,2881,189382530324182
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+27.9%+7.6%+49.5%+32.5%+13.0%-
EBITDA growth+25.7%+29.5%+143.7%+0.8%+18.7%-
PBT growth+158.7%+964.9%+9998.0%-+17.8%+9997.0%
Net income growth+121.2%+123.1%-253.2%+115.5%+43.6%-
Revenue CAGR (3Y)+27.2%+28.7%+30.8%---
EBITDA CAGR (3Y)+58.3%+47.1%+42.9%---
Profitability & leverage
Net income margin+4.5%+0.8%-2.8%-6.6%+4.3%+4.1%
Return on capital employed+6.3%+7.5%0.0%0.0%+8.3%+8.4%
Return on net worth+2.1%+0.5%0.0%0.0%+4.3%+50.2%
Debt / equity2.883.113.132.262.2526.64
Long-term debt / equity2.612.842.922.082.0824.52
Interest cover104.47110.40106.45129.5384.7483.44
Efficiency & per share
Fixed asset turnover0.170.180.260.320.300.28
Inventory turnover41.5732.5023.8212.6816.7244.25
Debtors turnover8.216.806.606.919.5313.00
EPS (₹)8.0454.90(70.44)(179.95)83.97334.00
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)396.165,054.174,167.913,338.133,486.26664.34
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,2882,1251,8971,5211,4581,1281,039639
Revenue growth (YoY)-11.7%+88.4%+82.5%+137.9%----
Other income93.0517211190.9190.8561.6957.4247.74
Total expenses1,0751,7071,6691,1461,131953886488
EBITDA212418227375327175153151
EBITDA margin+16.5%+19.7%+12.0%+24.7%+22.4%+15.5%+14.7%+23.6%
Depreciation15.8913.7413.4314.0312.2410.4911.2410.10
Interest79.2010813695.0286.6351.8061.2846.19
Profit before tax210468189357319174138142
Tax54.1311864.2087.0079.7340.7823.9337.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue6,0032,2702,1062,776927812387
Revenue growth+164.4%+7.8%-24.1%+199.4%+14.1%+110.0%-
Other income35418913366.4342.3318.9815.35
Total expenses4,8991,8411,6662,512843745358
Employee cost17512515973.8450.5337.5641.35
EBITDA1,10442944126484.1767.3829.06
EBITDA margin+18.4%+18.9%+20.9%+9.5%+9.1%+8.3%+7.5%
Depreciation50.2038.5929.5018.4812.5812.0712.99
Interest36919015510328.4124.8229.44
Profit before tax1,03938938920985.5149.471.98
Tax27291.0310777.1823.3612.520.51
Net profit77029228818770.7036.54(1.34)
Net profit margin+12.8%+12.9%+13.7%+6.7%+7.6%+4.5%-0.4%
EPS (₹)65.54587.80641.99363.88171.89487.4419.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.715.074.403.633.620.760.75
Reserves & surplus5,6363,3942,4741,5501,401158846
Shareholders' funds (net worth)5,6483,4002,4781,5541,405159846
Secured loans1,1741,5391,130862161161166
Unsecured loans99410.1348.8012322.110.0042.10
Total debt2,1681,5491,179984183161208
Total liabilities7,8774,9893,6672,5471,5981,0511,061
Assets
Gross block1,330984800398329267252
Net block1,149852707335282233229
Capital work in progress54622788.1136011.850.0010.15
Investments3,8432,9462,0411,509754545556
Inventories18148.6035.2966.5558.4613.6155.96
Sundry debtors78837664245636923956.70
Cash & bank balances1,43928657.3613419687.9952.74
Loans & advances2,6521,210406416313156275
Total current assets5,0601,9211,1411,073937496440
Total current liabilities4,9962,1641,1521,437572353245
Net working capital63.73(243)(11.03)(365)365144195
Total assets7,8774,9893,6672,5471,5981,0511,061
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1948.4221.2129.9147.6323.190.38
Net cash from operating activities2,9451,08358.4594718.5012534.25
Net cash from investing activities(3,741)(1,677)(707)(1,553)(474)(32.10)(218)
Net cash from financing activities1,671779636597437(68.01)207
Net change in cash874185(12.78)(8.71)(17.72)24.4422.81
Closing cash1,43928657.3613419687.9952.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+164.4%+7.8%-24.1%+199.4%+14.1%+110.0%-
EBITDA growth+157.2%-2.6%+66.8%+214.0%+24.9%+131.9%-
PBT growth+167.0%+0.0%+86.0%+144.6%+72.9%+2398.5%+9997.0%
Net income growth+164.2%+1.2%+54.5%+164.0%+93.5%+2826.9%-
Revenue CAGR (3Y)+29.3%+34.8%+37.4%+92.9%---
EBITDA CAGR (3Y)+61.1%+72.2%+87.0%+108.7%---
Profitability & leverage
Net income margin+12.8%+13.1%+13.4%+4.8%+6.7%+4.6%+0.4%
Return on capital employed+21.9%+13.4%+17.0%+17.3%+8.6%+7.0%+3.0%
Return on net worth+17.0%+10.1%+13.4%+10.9%+7.7%+7.4%-0.2%
Debt / equity0.410.460.540.390.220.370.31
Long-term debt / equity0.320.420.470.330.190.270.22
Interest cover35.0248.6837.6841.9439.6844.87183.20
Efficiency & per share
Fixed asset turnover5.192.553.527.643.113.131.56
Inventory turnover52.3454.1341.3744.4125.7323.3510.63
Debtors turnover10.314.463.846.723.055.503.72
EPS (₹)65.54587.80641.99363.88171.89487.4419.54
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)482.396,702.615,633.564,284.163,885.742,098.2611,224.39

Timeline of CleanMax

6 dated milestones of CleanMax across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded CleanMax is founded.
  2. Funding First funding round of $343K.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by Augment Infrastructure.
  5. Exit Acquired by Brookfield Asset Management.
  6. Funding Latest funding round, Series F, of $1.7M.

Web traffic of CleanMax

The website of CleanMax (cleanmax.com) receives about 12.3K visits a month.

  • Monthly visits
    12.3K

    ▼ 19% vs previous month

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jingsun-power.com
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••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as CleanMax (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Husk Power Systems
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Waaree Energies
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
Rays Power Infra
Turnkey solar engineering, procurement, and construction solutions are provided.
2011Jaipur, Rajasthan, IndiaUSD 57.02 MUSD 125.31 M385
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Related news about Cleanmax

CLEANMAX: Q2 REVENUE 7.3B RUPEES VS 5.3B (YOY); EST 7.41B
Exchange Update • 8 days ago
CLEANMAX: Q2 CONS NET PROFIT 470M RUPEES VS 253M (YOY); EST 422M
Exchange Update • 8 days ago
CLEANMAX: Q2 EBITDA 5.2B RUPEES VS 3.36B (YOY), EST 4.4B; Q2 EBITDA MARGIN 72.08% VS 3.36B%, EST 59%
Exchange Update • 8 days ago
Clean Max Enviro Energy Solutions: Company Buys Entire Shareholding Of Massmunch Company Limited To Boost Solar Renewable Energy Capacity In Thailand For Thai Baht 1,250,000.
Exchange Update • 1 month ago
Brookfield-backed Clean Max taps offshore investor for green debt
VCCircle • 1 month ago
Clean Max Enviro Energy Solutions: Plans Meeting With Analysts And Investors On October 7th
Exchange Update • 1 month ago
CleanMax, Nuvoco to build 46.4 MW wind-solar hybrid plant in Rajasthan - The HinduBusinessLine
Thehindubusinessline • 1 month ago
Nuvoco to Source Renewable Power from CleanMax's 46.4 MW Wind-Solar-Storage Project
Mercom India • 1 month ago
Clean Max Enviro Energy Solutions: Rs 1,063 crore block deal likely today; 7.25% stake may change hands
ZEE Business • 1 month ago
CleanMax Enviro Raises Rs 2,500 Crore via Green NCDs at 8.25%-8.76% Coupons
Financial Express • 1 month ago
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Frequently Asked Questions about CleanMax

CleanMax was founded in 2011.

CleanMax is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Sushant Arora is the CEO of CleanMax, as recorded in our data. They have also founded this company.

CleanMax is a funded company, having raised a total of $442.67M across 28 funding rounds to date. The company's 1st funding round was a Series F of $34.14M, raised on May 2011.

CleanMax has 365 employees.

The primary company behind CleanMax, Clean Max Enviro Energy Solutions Limited, reported revenue of ₹2,081 Cr for FY 2026, up 28% year on year.

CleanMax was founded in 2011 and is headquartered in Mumbai, India. Renewable energy solutions are provided primarily to commercial and industrial sectors, including data centers, textiles, automotive, chemicals, pharmaceuticals, and FMCG industries. Services encompass on-site rooftop solar installations, off-site solar power, wind and wind-solar hybrid farms, energy storage, renewable energy certificates, carbon projects, turnkey development, and customized sustainability options.

Yes, CleanMax is publicly traded on BSE under the ticker symbol CLEANMAX.

CleanMax has 32 investors. Key investors include Bessemer Venture Partners, International Finance Corporation, Warburg Pincus, Bpifrance, and UltraTech Cement.

The valuation of CleanMax is $520.66M as of Jun 2024.

CleanMax operates through Clean Max Enviro Energy Solutions Limited.

Yes. CleanMax was acquired by Brookfield Asset Management in June 2023.

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