About GreenJoules
GreenJoules is a company based in Pune (India) founded in 2018 by Gokul Badgujar, Radhika Viraraghavan, Sethunath Ramaswamy, and Viraraghavan Sankaran. GreenJoules has raised $18.49 million across 8 funding rounds from investors including Blue Ashva Capital, Scitech Park and Viraraghavan Sankaran. The company has 86 employees as of March 27, 2024. GreenJoules offers products and services including Abhilasha Liquid Fuel, Abhilasha Biochar, and Abhilasha Gaseous Fuel. GreenJoules operates in a competitive market with competitors including LanzaTech, Fulcrum Bioenergy, Aemetis, INENTEC and Aether Fuels, among others.
- Headquarter Pune, India
- Employees 86 as on 27 Mar, 2024
- Founders Gokul Badgujar, Radhika Viraraghavan, Sethunath Ramaswamy, Viraraghavan Sankaran
- 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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- Legal Name Greenjoules Private Limited
- Date of Incorporation 26 Apr, 2018
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$728.23 K (USD)88.89as on Mar 31, 2023
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Net Profit
-$1.71 M (USD)-191.77as on Mar 31, 2023
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EBITDA
-$1.3 M (USD)-121.5as on Mar 31, 2023
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Total Equity Funding
$18.49 M (USD)
in 8 rounds
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Latest Funding Round
$7.67 M (USD), Series A
Mar 28, 2026
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Investors
Blue Ashva Capital
& 12 more
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Employee Count
86
as on Mar 27, 2024
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Products & Services of GreenJoules
GreenJoules offers a comprehensive portfolio of products and services, including Abhilasha Liquid Fuel, Abhilasha Biochar, and Abhilasha Gaseous Fuel.
Liquid fuel from agro wastes to replace diesel and reduce emissions.
Charcoal-like material from waste for soil enhancement applications.
Gaseous fuel derived from wastes for energy generation purposes.
People of GreenJoules
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Funding Insights of GreenJoules
GreenJoules has successfully raised a total of $18.49M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $7.67 million completed in March 2026. 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 GreenJoules
GreenJoules has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Blue Ashva Capital, Scitech Park and Viraraghavan Sankaran.
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Investment banking services are provided by MAPE to multiple sectors.
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Investor details for GreenJoules
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Investments & Acquisitions by GreenJoules
Investment portfolio details for GreenJoules
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Financial Statements - GreenJoules
Detailed financials for GreenJoules
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Greenjoules Comparisons
Peer comparison for GreenJoules
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Competitors of GreenJoules
GreenJoules 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 LanzaTech, Fulcrum Bioenergy, Aemetis, INENTEC and Aether Fuels, among others.
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Waste carbon is treated via a bio-processing platform.
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Ethanol production from municipal solid waste is enabled.
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Renewable fuels and chemicals are manufactured by the company.
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Technology developer for conversion of wastes to energy
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Sustainable fuels are produced from waste biomass and biogenic CO2.
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Sustainable aviation fuel is provided using aerobrew technology by Metafuels.
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Detailed competitors of GreenJoules
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Latest news on Greenjoules
Complete news archive for GreenJoules
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Frequently Asked Questions about GreenJoules
GreenJoules was founded in 2018 and raised its 1st funding round 1 year after it was founded.
GreenJoules is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Viraraghavan Sankaran is the current CEO of GreenJoules. They have also founded this company.
GreenJoules is a funded company, having raised a total of $18.49M across 8 funding rounds to date.
As of Mar 27, 2024, the latest employee count at GreenJoules is 86.
Annual revenue of GreenJoules is $728.23K as on Mar 31, 2023.
GreenJoules was founded in 2018 and is based in Pune, India. Operations focus on the biofuels sector, where agricultural residues and other renewable carbon wastes are converted into fuels that meet fossil fuel standards. This process targets waste from agro-processing industries, supporting sustainable energy production in the region.
GreenJoules's top competitors include INENTEC, Fulcrum Bioenergy and LanzaTech.
GreenJoules offers Abhilasha Liquid Fuel, Abhilasha Biochar, and Abhilasha Gaseous Fuel.
GreenJoules has 13 investors. Key investors include Blue Ashva Capital, Scitech Park, Viraraghavan Sankaran, Sethunath Ramaswamy, and Shridhar V S.
The valuation of GreenJoules is $8.75M as of Nov 2023.