About Everrenew
Everrenew is a company based in Chennai (India) founded in 2019. Everrenew has raised $3 million across 1 funding round from investors including RY Investments. The company has 417 employees. Everrenew operates in a competitive market with competitors including Rays Power Infra, Amplus Solar, Fourth Partner Energy, SB Energy and Oriano Solar, among others.
- Headquarter Chennai, India
- Employees 417
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website everrenew.com
- Social LinkedIn X Facebook
- Total Equity Funding$3M (USD)
in 1 rounds
- Latest Funding Round$3M (USD), Series A
Dec 2022
- Employee Count417
Associated legal entities of Everrenew
Everrenew is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Influx Everrenew Renewable Energy Private Limited CIN U40106TN2022PTC155459 | Strike Off | 19 Sep 2022 | Chennai, Tamil Nadu | – | – | 2 | View details |
| Everrenew Energy Private Limited CIN U74999TN2019PTC126869 | Active | 11 Jan 2019 | Chennai, Tamil Nadu | ₹2,385 Cr | 398 | 9 | View details |
Funding Insights of Everrenew
Everrenew has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in December 2022. 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 $3M
- Total Rounds 1
- Last Round Series A — $3M
- First Round $3M
(Dec 2022)
- Investors Count 1
All 1 funding rounds of Everrenew 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 |
|---|---|---|---|---|---|
| Dec 2022 | $3M | Series A | $20.56M | RY Investments | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $20.56M | •••••••• |
Last known valuation $20.56M (Dec 2022). 1 investors in total: 1 institutional.
Investors in Everrenew
Everrenew has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include RY Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | ryinvestments.tcc.mode | - |
Investor details for Everrenew
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Everrenew
The boards of the 2 registered companies of Everrenew currently have 7 directors; the longest-serving is Kandasamy Chandramohan, appointed in 2022. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kandasamy Chandramohan DIN 01493103 | Director | 19 Sep 2022 | 4 yrs | Influx Everrenew Renewable Energy Private Limited |
| Praveenganesh Subramanian DIN 02788028 | Director | 19 Sep 2022 | 4 yrs | Influx Everrenew Renewable Energy Private Limited |
| Ranganathan DIN 09427523 | CFO | 01 Apr 2023 | 3 yrs 6 mo | Everrenew Energy Private Limited |
| Raja Raju Gunasekaran DIN 10056944 | Director | 24 May 2023 | 3 yrs 4 mo | Everrenew Energy Private Limited |
| Suresh Padmanaban DIN 08727098 | Director | 03 Jun 2024 | 2 yrs 4 mo | Everrenew Energy Private Limited |
| Pankaj Kumar Tandon DIN 06943210 | CEO | 07 Aug 2025 | 1 yr 2 mo | Everrenew Energy Private Limited |
| Vellaisamy Asaithambi DIN 11328731 | Additional Director | 08 Oct 2025 | 1 yr | Everrenew Energy Private Limited |
People of Everrenew
9 people are tracked at Everrenew (8 in leadership, 1 in team); the tracked headcount is 417.
| Name | Role | Group |
|---|---|---|
| Co-Chief Executive Officer | Leadership | |
Mohan Prakash | Chief Operating Officer | Leadership |
Gopi T Ph.D | Group Chief Procurement Officer | Leadership |
Venkatesh Rajaratnam | Co-CEO | Leadership |
| Managing Director | Leadership | |
Mohammed Kabir | Assistant Vice President & Head - Quality Management | Leadership |
Yuvaraaman Vp | Head Of Administration , Facilities & Travel | Leadership |
Rusi Sarkar Pyne | Vice President Supply Chain | Leadership |
Abilash Geetha Balan | Sales & Business Development - Wind Solar Hybrid Battery Storage (bess) | Team |
Complete people profiles for Everrenew
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Financials of Everrenew
Figures of Everrenew Energy Private Limited, the primary company behind Everrenew, for FY 2024. Revenue was ₹2,385 Cr (+348% year on year). Net profit was ₹84.51 Cr (4% margin). EBITDA was ₹159 Cr (7% margin). Revenue has grown at a compounded annual rate of +1581% over three years.
- ₹2,385 CrRevenue · FY 2024 · +348% YoY
- ₹84.51 CrNet profit · 4% margin
- ₹159 CrEBITDA · 7% margin
- ₹0.15 CrPaid-up capital
- 398Employees (provident fund records)
- +1581%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Everrenew Energy Private Limited are on its company page.
Detailed financial statements for Everrenew
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Everrenew
3 dated milestones of Everrenew across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Everrenew is founded.
- Funding First funding round of $3.0M.
- Milestone Reaches Minicorn status.
Competitors of Everrenew
Everrenew 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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rayspowerinfra.com | 2011 | Jaipur, India | $57.02M | 357 | Turnkey solar engineering, procurement, and construction solutions are provided. | |
| amplussolar.com | 2008 | Gurugram, India | $7.16M | 150 | Solar installation services and renewable energy solutions are provided. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sbenergy.com | 2015 | Delhi, India | – | 88 | Solar energy projects are developed and managed globally. | |
| oriano.com | 2015 | Mumbai, India | $3.82M | 228 | Solar energy projects are developed by Oriano Solar in India. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. | |
| ampin.energy | 2016 | Delhi, India | $448.28M | – | Developer of utility scale solar and wind power projects | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services | |
| lntidpl.com | 2001 | Chennai, India | $873.09M | – | Real estate and transmission infrastructure are developed by L&T IDPL. | |
| mahindrasusten.com | 2010 | Mumbai, India | – | 180 | Turnkey EPC services for solar power plants are provided. |
Detailed competitors of Everrenew
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Everrenew
The website of Everrenew (everrenew.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 21.5% vs previous month
Latest news on Everrenew
Complete news archive for Everrenew
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Everrenew
10 companies that operate in the same segment as Everrenew (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
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 and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Everrenew
Everrenew was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Everrenew is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Pankaj Tandon is the current CEO of Everrenew.
Everrenew is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Dec 2022.
Everrenew has 417 employees.
Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions. It is a subsidiary of the NTC Group, one of the worlds largest wind and solar energy logistics companies. Everrenew provides project management solutions for wind, solar, and hybrid projects, as well as asset management services.
Everrenew's top competitors include Rays Power Infra, Fourth Partner Energy and Oriano Solar.
Everrenew has 1 investor. Key investors include RY Investments.
The valuation of Everrenew is $20.56M as of Dec 2022.
Everrenew is associated with 2 legal entities: Influx Everrenew Renewable Energy Private Limited, Everrenew Energy Private Limited.
The legal entities of Everrenew currently have 9 directors, including Kandasamy Chandramohan, Praveenganesh Subramanian, Suresh Padmanaban and others.