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
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Series A
Dec 30, 2022
- Investors
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Employee Count
417
as on Sep 30, 2023
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.0M
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First Round
First Round
(30 Dec 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2022 | Amount | Series A - Everrenew | Valuation | RY Investments |
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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 |
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Founded Year | Domain | Location |
Investments & Acquisitions by Everrenew
Financial Statements - Everrenew
Everrenew Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Turnkey solar engineering, procurement, and construction solutions are provided.
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| domain | founded_year | HQ Location |
Solar installation services and renewable energy solutions are provided.
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| domain | founded_year | HQ Location |
On-grid and off-grid solar solutions and products are provided.
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| domain | founded_year | HQ Location |
Solar energy projects are developed and managed globally.
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| domain | founded_year | HQ Location |
Solar energy projects are developed by Oriano Solar in India.
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| domain | founded_year | HQ Location |
EPC and MEP services are provided across diverse sectors.
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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 30, 2022.
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.