About Greenovative
Greenovative is a Technology company based in Pune (India) founded in 2017 by Harshal Maheshwari and Vinit Kulkarni. Greenovative is focused on AI-powered energy and sustainability solutions. It operates on a AI-as-a-Service and Green Energy-as-a-Service model in Technology, Business Services, and Energy & Utilities sectors. The company has 28 employees. Its chief executive, as recorded, is Vinit Kulkarni. Its Indian entity Greenovative Energy Private Limited reported revenue of ₹8.29 Cr. Greenovative offers products and services including Energy Balance, Water Balance, Asset Lifecycle Optimization, Net Zero Transition Program, and Enterprise Data Intelligence. Its focus areas include CleanTech, Energy Management Solutions, Energy and Renewable Energy.
Company details
Greenovative is engaged in providing AI-powered platforms for energy and resource management. Solutions are offered to industries such as textiles, automotive, pharmaceuticals, and oil gas. The platform is designed to analyze resource data, detect inefficiencies, and deliver actionable insights for net zero progress. Sectors like manufacturing, energy, and utilities are supported with real-time data to optimize resources, reduce costs, and enhance operational efficiency. A global client base is served with a commitment to sustainable practices and future-ready resilience.
- Headquarters Pune, India
- Employees 28
- Founders Harshal Maheshwari, Vinit Kulkarni
- SectorsTechnologyBusiness Services Energy & Utilities Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website greenovative.com
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- Legal Name Greenovative Energy Private Limited
- Date of Incorporation 19 Apr, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹8.29 Cr
FY 2025 · +27% YoY
- Net Profit₹7.7 Lakh
FY 2025 · 1% margin
- EBITDA₹44.1 Lakh
FY 2025 · 5% margin
- Investors
- Employee Count28
Associated legal entities of Greenovative
Greenovative operates through Greenovative Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Greenovative Energy Private Limited CIN U74999PN2017PTC170004 | Active | 19 Apr 2017 | Pune, Maharashtra | ₹8.3 Cr | 28 | 2 | View details |
Products & Services of Greenovative
Greenovative offers a comprehensive portfolio of products and services, including Energy Balance, Water Balance, Asset Lifecycle Optimization, Net Zero Transition Program, and Enterprise Data Intelligence.
Energy-saving actions are identified to balance usage effectively.
Excess water usage is targeted for sustainable cost-effective practices.
Asset performance is optimized for significant cost savings daily.
Net zero goals are fast-tracked with actionable emissions insights.
Data integration into systems is enabled via robust interfaces.
Funding Insights of Greenovative
- Total Rounds 2
- Investors Count 1
All 2 funding rounds of Greenovative 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 2023 | Seed | – | – | – | |
| Jul 2018 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Greenovative
Greenovative has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Maharashtra State Innovation Society.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Promotion of innovation and digital services in Maharashtra. | 2017 | msins.in | Mumbai, India |
Investor details for Greenovative
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Board of directors of Greenovative Energy Private Limited (Greenovative)
Greenovative Energy Private Limited is the primary company behind Greenovative. The board of Greenovative Energy Private Limited currently have 2 directors; the longest-serving is Vinit Vyankatesh Kulkarni, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinit Vyankatesh Kulkarni DIN 07765921 | Director | 19 Apr 2017 | 9 yrs 6 mo | Greenovative Energy Private Limited |
| Harshal Samdani Ravindra DIN 07765910 | Director | 19 Apr 2017 | 9 yrs 6 mo | Greenovative Energy Private Limited |
People of Greenovative
7 people are tracked at Greenovative (3 in leadership, 4 in team); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Harshal Maheshwari | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Gauri Sharma | VP - People & Culture | Leadership |
Pritesh Patel | Business Development Manager | Team |
Aniket Ashtaputre | Software Engineer | Team |
Gaurav Mundada | Sales Engineer | Team |
Chitra Mishra | HR Recruiter | Team |
Complete people profiles for Greenovative
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Greenovative
Figures of Greenovative Energy Private Limited, the primary company behind Greenovative, for FY 2025. Revenue was ₹8.29 Cr (+27% year on year). Net profit was ₹7.7 Lakh (1% margin). EBITDA was ₹44.1 Lakh (5% margin). Revenue has grown at a compounded annual rate of +26% over three years and +30% over five years.
- ₹8.29 CrRevenue · FY 2025 · +27% YoY
- ₹7.7 LakhNet profit · 1% margin
- ₹44.1 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- 28Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Greenovative Energy Private Limited are on its company page.
Detailed financial statements for Greenovative
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Greenovative
3 dated milestones of Greenovative across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Greenovative is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Web traffic of Greenovative
The website of Greenovative (greenovative.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 41.9% vs previous month
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Related news about Greenovative
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Frequently Asked Questions about Greenovative
Greenovative was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Greenovative is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Vinit Kulkarni is the CEO of Greenovative, as recorded in our data. They have also founded this company.
Greenovative has 28 employees.
The primary company behind Greenovative, Greenovative Energy Private Limited, reported revenue of ₹8.29 Cr for FY 2025, up 27% year on year.
Greenovative is engaged in providing AI-powered platforms for energy and resource management. Solutions are offered to industries such as textiles, automotive, pharmaceuticals, and oil gas. The platform is designed to analyze resource data, detect inefficiencies, and deliver actionable insights for net zero progress. Sectors like manufacturing, energy, and utilities are supported with real-time data to optimize resources, reduce costs, and enhance operational efficiency. A global client base is served with a commitment to sustainable practices and future-ready resilience.
Greenovative offers Energy Balance, Water Balance, Asset Lifecycle Optimization, Net Zero Transition Program, and Enterprise Data Intelligence.
Greenovative has 1 investor. Key investors include Maharashtra State Innovation Society.
Greenovative operates through Greenovative Energy Private Limited.
The legal entities of Greenovative currently have 2 directors, including Vinit Vyankatesh Kulkarni, Harshal Samdani Ravindra.