About CleanMax
CleanMax is a company based in Mumbai (India) founded in 2011 by Kuldeep Jain and Sushant Arora was acquired by Brookfield Asset Management in June 2023. CleanMax has raised $442.67 million across 27 funding rounds from investors including Bessemer Venture Partners, International Finance Corporation and Warburg Pincus. The company has 365 employees as of March 17, 2025.
- Headquarter Mumbai, India
- Employees 365 as on 17 Mar, 2025
- Founders Kuldeep Jain, Sushant Arora
- Stage Minicorn
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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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- Legal Name Clean Max Enviro Energy Solutions Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$166.51 M (USD)48.32as on Mar 31, 2024
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Net Profit
-$4.4 M (USD)36.71as on Mar 31, 2024
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EBITDA
$82.49 M (USD)88.53as on Mar 31, 2024
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Total Equity Funding
$442.67 M (USD)
in 27 rounds
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Latest Funding Round
$1.69 M (USD), Series F
Apr 29, 2025
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Investors
Bessemer Venture Partners
& 31 more
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Employee Count
365
as on Mar 17, 2025
- Acquired by
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Funding Insights of CleanMax
CleanMax has successfully raised a total of $442.67M across 27 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.
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.
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Private equity investments are managed across diverse sectors in Morocco.
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Investor details for CleanMax
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Investments & Acquisitions by CleanMax
Investment portfolio details for CleanMax
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Financial Statements - CleanMax
Detailed financials for CleanMax
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Cleanmax Comparisons
Peer comparison for CleanMax
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Competitors of CleanMax
Detailed competitors of CleanMax
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Latest news on Cleanmax
Complete news archive for CleanMax
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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 current CEO of CleanMax. They have also founded this company.
CleanMax is a funded company, having raised a total of $442.67M across 27 funding rounds to date.
As of Mar 17, 2025, the latest employee count at CleanMax is 365.
Annual revenue of CleanMax is $166.51M as on Mar 31, 2024.
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.
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.