Everrenew

Chennai, India Founded: 2019 • Age: 7 yrs
Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions
Annual revenue - Latest available
Total funding $3.0M 1 rounds
Employees 417 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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 as of September 30, 2023. 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 as on 30 Sep, 2023
  • Stage Minicorn
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Dec 30, 2022

  • Investors
  • Employee Count
    417

    as on Sep 30, 2023

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People of Everrenew

Headcount 500-1000
Employee Profiles 5
Employee Profiles
People
Mohammed Kabir
Assistant Vice President & Head - Quality Management
People
Yuvaraaman Vp
Head Of Administration , Facilities & Travel
People
Mohan Prakash
Chief Operating Officer
People
Abilash Geetha Balan
Sales & Business Development - Wind Solar Hybrid Battery Storage (bess)

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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.

Investors in Everrenew

Everrenew has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include RY Investments.

All
Institutional
Investor Description Founded Year Domain Location
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Investor details for Everrenew

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Investments & Acquisitions by Everrenew

Investments
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Investment portfolio details for Everrenew

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Financial Statements - Everrenew

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Detailed financials for Everrenew

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Everrenew Comparisons

Everrenew Primary company
Description
Everrenew is a renewable energy company that offers affordab...
Location
Chennai, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
417
As of 2023
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Peer comparison for Everrenew

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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 year HQ Location Description
Locked Locked Locked
Turnkey solar engineering, procurement, and construction solutions are provided.
Locked Locked Locked
Solar installation services and renewable energy solutions are provided.
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On-grid and off-grid solar solutions and products are provided.
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Solar energy projects are developed and managed globally.
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Solar energy projects are developed by Oriano Solar in India.
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EPC and MEP services are provided across diverse sectors.
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Detailed competitors of Everrenew

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Latest news on Everrenew

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Complete news archive for Everrenew

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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.

As of Sep 30, 2023, the latest employee count at Everrenew is 417.

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.

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