About Greenerg
Greenerg is a Transportation, Automotive & Logistics company based in Coimbatore (India) founded in 2020. EV components and mobility solutions are developed by Greenerg. Greenerg has raised $714.55 thousand across 1 funding round. The company has 39 employees. Its Indian entity Greenerg Mobility Solutions Private Limited reported revenue of ₹5.93 Cr. Its focus areas include Energy Tech, Electric Vehicles, Components and Power Electronics.
Company details
Greenerg was founded in 2020 and is based in Coimbatore, India. Electric vehicle components are developed, including instrument clusters, telematics, battery packs, battery management systems, vehicle control units, BLDC motors, connectivity solutions, and motor controllers. Mobility solutions are provided to support EV applications in the automotive sector. Operations focus on component integration for vehicle systems.
- Headquarters Coimbatore, India
- Employees 39
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website greenerg.in
- Social X
- Legal Name Greenerg Mobility Solutions Private Limited
- Date of Incorporation 30 Jul, 2020
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹5.93 Cr
FY 2024 · -47% YoY
- Net Profit₹1.7 Lakh
FY 2024 · 0% margin
- EBITDA₹75.7 Lakh
FY 2024 · 13% margin
- Total Equity Funding$714.55K (USD)
in 1 rounds
- Latest Funding Round$714.55K (USD), Seed
Aug 2024
- Employee Count39
Associated legal entities of Greenerg
Greenerg operates through Greenerg Mobility Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Greenerg Mobility Solutions Private Limited CIN U31900TZ2020PTC034209 | Active | 30 Jul 2020 | Coimbatore, Tamil Nadu | ₹5.9 Cr | 39 | 2 | View details |
Funding Insights of Greenerg
Greenerg has successfully raised a total of $714.55K through 1 strategic funding round. The most recent funding activity was a Seed round of $714.55 thousand completed in August 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 $714,548
- Total Rounds 1
- Last Round Seed — $714,548
- First Round $714,548
(Aug 2024)
All 1 funding rounds of Greenerg 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 |
|---|---|---|---|---|---|
| Aug 2024 | $714,548 | Seed | – | – | – |
Board of directors of Greenerg Mobility Solutions Private Limited (Greenerg)
Greenerg Mobility Solutions Private Limited is the primary company behind Greenerg. The board of Greenerg Mobility Solutions Private Limited currently have 2 directors; the longest-serving is Manikandan Selvam, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manikandan Selvam DIN 08815818 | Director | 30 Jul 2020 | 6 yrs 3 mo | Greenerg Mobility Solutions Private Limited |
| Manikandan Palanimuthu DIN 09126845 | Managing Director | 25 May 2022 | 4 yrs 5 mo | Greenerg Mobility Solutions Private Limited |
Financials of Greenerg
Figures of Greenerg Mobility Solutions Private Limited, the primary company behind Greenerg, for FY 2024. Revenue was ₹5.93 Cr (-47% year on year). Net profit was ₹1.7 Lakh (0% margin). EBITDA was ₹75.7 Lakh (13% margin). Revenue has grown at a compounded annual rate of +544% over three years.
- ₹5.93 CrRevenue · FY 2024 · -47% YoY
- ₹1.7 LakhNet profit · 0% margin
- ₹75.7 LakhEBITDA · 13% margin
- ₹42.3 LakhPaid-up capital
- 39Employees (provident fund records)
- +544%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Greenerg Mobility Solutions Private Limited are on its company page.
Detailed financial statements for Greenerg
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Greenerg
2 dated milestones of Greenerg across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Greenerg is founded.
- Funding First funding round of $715K.
Web traffic of Greenerg
The website of Greenerg (greenerg.in) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 6.9% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Greenerg (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Frequently Asked Questions about Greenerg
Greenerg was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Greenerg is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Greenerg is a funded company, having raised a total of $714.55K across 1 funding round to date. The company's 1st funding round was a Seed of $714.55K, raised on Aug 2024.
Greenerg has 39 employees.
The primary company behind Greenerg, Greenerg Mobility Solutions Private Limited, reported revenue of ₹5.93 Cr for FY 2024, down 47% year on year.
Greenerg was founded in 2020 and is based in Coimbatore, India. Electric vehicle components are developed, including instrument clusters, telematics, battery packs, battery management systems, vehicle control units, BLDC motors, connectivity solutions, and motor controllers. Mobility solutions are provided to support EV applications in the automotive sector. Operations focus on component integration for vehicle systems.
Greenerg operates through Greenerg Mobility Solutions Private Limited.
The legal entities of Greenerg currently have 2 directors, including Manikandan Palanimuthu, Manikandan Selvam.