About GRE Renew Enertech
GRE Renew Enertech is a company based in Ahmedabad (India) founded in 1999. GRE Renew Enertech has raised $389.3 thousand across 1 funding round from investors including Ankit Mittal, Chanakya Fund and Persistent Growth Fund. The company has 8 employees as of April 05, 2024. GRE Renew Enertech offers products and services including Rooftop Solar, Ground Mounted Solar, and LED Lights. GRE Renew Enertech operates in a competitive market with competitors including Svarochi, Mansaa Smartshine, elitedali, Nirvana Lighting and GSR Infocom, among others.
- Headquarter Ahmedabad, India
- Employees 8 as on 05 Apr, 2024
- Stage Public
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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
*********
- Legal Name Gre Renew Enertech Limited
- Date of Incorporation 24 Oct, 2008
- Jurisdiction Mehsana, Gujarat, India
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Annual Revenue
$4.09 M (USD)192.63as on Mar 31, 2023
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Net Profit
$94.6 K (USD)215.64as on Mar 31, 2023
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EBITDA
$193.5 K (USD)126.2as on Mar 31, 2023
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Total Equity Funding
$389.3 K (USD)
in 1 rounds
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Latest Funding Round
$389.3 K (USD), Unspecified
May 08, 2024
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Investors
Chanakya Fund
& 2 more
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Employee Count
8
as on Apr 05, 2024
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Products & Services of GRE Renew Enertech
GRE Renew Enertech offers a comprehensive portfolio of products and services, including Rooftop Solar, Ground Mounted Solar, and LED Lights.
Delivers customized solar systems for rooftops to generate electricity efficiently.
Provides large-scale solar parks for industrial energy production and sustainability.
Manufactures energy-saving lights for indoor and outdoor commercial use.
Funding Insights of GRE Renew Enertech
GRE Renew Enertech has successfully raised a total of $389.3K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $389.3 thousand completed in May 2024. 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 Unspecified — $389,301
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First Round
First Round
(08 May 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Unspecified - GRE Renew Enertech | Valuation | Ankit Mittal |
Investors in GRE Renew Enertech
GRE Renew Enertech has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include Ankit Mittal, Chanakya Fund and Persistent Growth Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Invests in high-growth SMEs with sector-agnostic approach in manufacturing and services.
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Founded Year | Domain | Location | |
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AM
Ankit Mittal |
Angel investor, ex-entrepreneur, focused on tech startups in India
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Founded Year | Domain | Location |
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Founded Year | Domain | Location |
Investments & Acquisitions by GRE Renew Enertech
Financial Statements - GRE Renew Enertech
Gre Renew Enertech Comparisons
Competitors of GRE Renew Enertech
GRE Renew Enertech 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 Svarochi, Mansaa Smartshine, elitedali, Nirvana Lighting and GSR Infocom, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufactures smart home lighting products for modern, efficient living spaces.
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| domain | founded_year | HQ Location |
Sells high-quality LED lights and decorative products online for consumers.
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| domain | founded_year | HQ Location |
Provides IoT-driven solutions for lighting and building management systems.
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| domain | founded_year | HQ Location |
Manufactures and supplies LED lighting solutions for indoor, outdoor, and commercial applications.
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| domain | founded_year | HQ Location |
Manufactures and wholesales LED lights and solar products in India.
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Latest news on Gre Renew Enertech
Frequently Asked Questions about GRE Renew Enertech
GRE Renew Enertech was founded in 1999 and raised its 1st funding round 25 years after it was founded.
GRE Renew Enertech is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
GRE Renew Enertech is a funded company, having raised a total of $389.3K across 1 funding round to date. The company's 1st funding round was a Unspecified of $389.3K, raised on May 08, 2024.
As of Apr 05, 2024, the latest employee count at GRE Renew Enertech is 8.
Annual revenue of GRE Renew Enertech is $4.09M as on Mar 31, 2023.
GRE Renew Enertech was founded in 1999 and is located in Ahmedabad, India. Operations focus on the renewable energy and lighting sectors, where solar panels and indoor LED products are manufactured. Development and installation of advanced solar energy systems are handled, alongside energy-efficient LED lighting solutions. Products include LED panel lights, LED batten lights, T-8 LED tube lights, and LED bulbs, supporting solar energy applications across the region.
GRE Renew Enertech's top competitors include Svarochi, Mansaa Smartshine and Helea.
GRE Renew Enertech offers Rooftop Solar, Ground Mounted Solar, and LED Lights.
GRE Renew Enertech has 3 investors. Key investors include Ankit Mittal, Chanakya Fund, and Persistent Growth Fund.