About GREW
GREW is a company based in Ahmedabad (India) founded in 2022. GREW has raised $4.22 million across 2 funding rounds from investors including Vishal Fabrics, Chiripal Group and NOVA Dynamic Media. GREW operates in a competitive market with competitors including Fourth Partner Energy, First Solar, Sterling And Wilson, Mahindra Susten and Roofsol Energy, among others.
- Headquarter Ahmedabad, India
- Stage Minicorn
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Grew Energy Private Limited
- Date of Incorporation 25 Feb, 2022
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$23.68 M (USD)9009693.07as on Mar 31, 2024
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Net Profit
$10.72 K (USD)105.59as on Mar 31, 2024
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EBITDA
$2.44 M (USD)1056.26as on Mar 31, 2024
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Total Equity Funding
$4.22 M (USD)
in 2 rounds
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Latest Funding Round
$3.46 M (USD), Series A
Apr 07, 2023
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Investors
Vishal Fabrics
& 3 more
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Employee Count
Not available
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Funding Insights of GREW
GREW has successfully raised a total of $4.22M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.46 million completed in April 2023. 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 GREW
GREW has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Vishal Fabrics, Chiripal Group and NOVA Dynamic Media.
| Investor | Description | Founded Year | Domain | Location |
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Multiple industries are operated by the diversified Chiripal Group.
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Limited information is provided about NOVA Dynamic Media.
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Denim fabrics are manufactured under contract in India.
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Investor details for GREW
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Investments & Acquisitions by GREW
Investment portfolio details for GREW
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Financial Statements - GREW
Detailed financials for GREW
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Grew Comparisons
Peer comparison for GREW
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Competitors of GREW
GREW 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 Fourth Partner Energy, First Solar, Sterling And Wilson, Mahindra Susten and Roofsol Energy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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On-grid and off-grid solar solutions and products are provided.
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Provider of cadmium telluride-based flexible solar modules
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EPC and MEP services are provided across diverse sectors.
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Turnkey EPC services for solar power plants are provided.
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Provides solar plant installations, providing engineering, procurement, and construction services
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Detailed competitors of GREW
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Latest news on Grew
Complete news archive for GREW
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Frequently Asked Questions about GREW
GREW was founded in 2022 and raised its 1st funding round 1 year after it was founded.
GREW is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Vinay Thadani is the current CEO of GREW.
GREW is a funded company, having raised a total of $4.22M across 2 funding rounds to date.
Annual revenue of GREW is $23.68M as on Mar 31, 2024.
GREW was founded in 2022 and is based in Ahmedabad, India. Solar energy solutions are offered by the company, including rooftop and ground-mounted installations for homes and businesses. Cutting-edge technology is utilized in these services, which cover a full spectrum from products to complete setups. Operations focus on the renewable energy sector within the Indian market.
GREW's top competitors include Fourth Partner Energy, First Solar and Sukhbir Agro Energy.
GREW has 4 investors. Key investors include Vishal Fabrics, Chiripal Group, NOVA Dynamic Media, and Dholispintex.
The valuation of GREW is $11.27M as of Apr 2023.