Greenovative

Pune, India Founded: 2017 • Age: 9 yrs
Greenovative is focused on AI-powered energy and sustainability solutions.
Annual revenue $776,810 Latest available
Total funding - 2 rounds
Employees 28 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Greenovative

Greenovative is a company based in Pune (India) founded in 2017 by Harshal Maheshwari and Vinit Kulkarni. It operates as a AI-as-a-Service and Green Energy-as-a-Service. The company has 28 employees as of April 07, 2024. Greenovative offers products and services including Energy Balance, Water Balance, Asset Lifecycle Optimization, Net Zero Transition Program, and Enterprise Data Intelligence. Greenovative operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others.

  • Headquarter Pune, India
  • Employees 28 as on 07 Apr, 2024
  • Founders Harshal Maheshwari, Vinit Kulkarni
  • Sectors
    Technology
    Business Services Energy & Utilities Real Estate & Construction
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  • Legal Name Greenovative Energy Private Limited
  • Date of Incorporation 19 Apr, 2017
  • Jurisdiction Pune City, Maharashtra, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $776.81 K (USD)
    54.77
    as on Mar 31, 2023
  • Net Profit
    $96.68 K (USD)
    81.38
    as on Mar 31, 2023
  • EBITDA
    $140.53 K (USD)
    -6.09
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    28

    as on Apr 07, 2024

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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.

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Primary

Energy-saving actions are identified to balance usage effectively.

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Excess water usage is targeted for sustainable cost-effective practices.

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Asset performance is optimized for significant cost savings daily.

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Net zero goals are fast-tracked with actionable emissions insights.

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Data integration into systems is enabled via robust interfaces.

People of Greenovative

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Aniket Ashtaputre
Software Engineer
People
Gaurav Mundada
Sales Engineer
People
Chitra Mishra
HR Recruiter
People
Gauri Sharma
VP - People & Culture

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Funding Insights of Greenovative

Investors in Greenovative

Greenovative has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Maharashtra State Innovation Society.

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Venture Fund
Investor Description Founded Year Domain Location
Promotion of innovation and digital services in Maharashtra.
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Investments & Acquisitions by Greenovative

Investments
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Investment portfolio details for Greenovative

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Financial Statements - Greenovative

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Detailed financials for Greenovative

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Greenovative Comparisons

Greenovative Primary company
Description
Greenovative is focused on AI-powered energy and sustainabil...
Location
Pune, India
Founded Year
2017
Annual Revenue
$776.81 K (USD)
Net Profit
$96.68 K (USD)
EBITDA
$140.53 K (USD)
Employees
28
As of 2024
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Peer comparison for Greenovative

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Competitors of Greenovative

Greenovative 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 Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others.

Company Name Domain Founded year HQ Location Description
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Energy efficiency and smart grid management solutions
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Smart panels for home energy management are provided by Span.IO.
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Automotive lighting equipment is manufactured by Osram in Germany.
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Detailed competitors of Greenovative

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Latest news on Greenovative

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Complete news archive for 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 current CEO of Greenovative. They have also founded this company.

As of Apr 07, 2024, the latest employee count at Greenovative is 28.

Annual revenue of Greenovative is $776.81K as on Mar 31, 2023.

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's top competitors include Particle, Landis+Gyr and Signify.

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.

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