About Husk Power Systems
Husk Power Systems is a company based in Patna (India) founded in 2008 by Ratnesh Yadav, Gyanesh Pandey, Chip Ransler, and Manoj Sinha. Husk Power Systems has raised $73.99 million across 16 funding rounds from investors including Shell, ENGIE and International Finance Corporation. The company has 294 employees. Husk Power Systems offers products and services including Hybrid Power System, Theft-Proof Distribution System, and Cloud-Based Remote Management Platform. Husk Power Systems operates in a competitive market with competitors including NextEra Energy, Ameren, Solstice, Adani Green Energy and Nautilus Solar, among others.
- Headquarter Patna, India
- Employees 294
- Founders Ratnesh Yadav, Gyanesh Pandey, Chip Ransler, Manoj Sinha
- SectorsAgricultureEnergy & Utilities
- Email••••••••
- Website huskpowersystems.com
- Social LinkedIn X Facebook Instagram
- Legal Name Husk Power Systems Private Limited
- Date of Incorporation 26 Jun, 2007
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹137 Cr
FY 2025 · +93% YoY
- Net Loss-₹26.73 Cr
FY 2025 · -20% margin
- EBITDA-₹12.97 Cr
FY 2025 · -9% margin
- Total Equity Funding$73.99 M (USD)
in 16 rounds
- Latest Funding Round$3.2 M (USD), Debt – Conventional
Sep 10, 2025
- InvestorsShell
& 18 more
- Employee Count294
Associated legal entities of Husk Power Systems
Husk Power Systems operates through Husk Power Systems 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 |
|---|---|---|---|---|---|---|---|
| Husk Power Systems Private Limited CIN U01407DL2007PTC165192 | Active | 26 Jun 2007 | New Delhi, Delhi | ₹137 Cr | 294 | 5 | View details |
Products & Services of Husk Power Systems
Husk Power Systems offers a comprehensive portfolio of products and services, including Hybrid Power System, Theft-Proof Distribution System, and Cloud-Based Remote Management Platform.
Generates 24/7 renewable power using solar and biomass sources.
Delivers stable voltage with zero observed theft in networks.
Monitors site performance and customer usage remotely in real-time.
Funding Insights of Husk Power Systems
Husk Power Systems has successfully raised a total of $73.99M across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.2 million completed in September 2025. 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 $74.0M
- Total Rounds 16
- Last Round Debt – Conventional — $3.2M
- Investors Count 19
Latest 10 of 16 funding rounds of Husk Power Systems 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 |
|---|---|---|---|---|---|
| 10 Sep 2025 | $3.2M | Debt – Conventional | – | – | |
| 15 Apr 2024 | $4.0M | Debt – Conventional | – | – | |
| 28 Mar 2024 | $20.0M | Debt – Conventional | – | – | |
| 24 Oct 2023 | $60.0M | Debt – Conventional | – | – | |
| 24 Oct 2023 | $43.0M | Series D | – | DFC , STOA | |
| 06 Jan 2023 | $750,000 | Debt – Conventional | – | – | |
| 15 Sep 2022 | $6.0M | Debt – Conventional | – | – | |
| 14 Oct 2020 | $5.0M | Debt – Conventional | – | – | |
| 04 Sep 2019 | $25.0M | Series C | – | Shell Foundation | |
| 01 Aug 2014 | – | Series B | – | – | – |
19 investors in total: 19 institutional.
Investors in Husk Power Systems
Husk Power Systems has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include Shell, ENGIE and International Finance Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Finance and advisory services for infrastructure projects are provided. | 1958 | eib.org | Luxembourg, Luxembourg | |
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | - | |
Early-stage SMEs are invested in by government-operated Swedfund. | 1979 | swedfund.se | Stockholm, Sweden | |
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Government agency supporting the development of SMEs | 2019 | dfc.gov | - | |
Economic development investments are financed through specialized solutions by Proparco. | 1977 | proparco.fr | Paris, France | |
Private equity firm focused on growth equities | – | deginvest.de | Cologne, Germany | |
Impact investing platform providing financing for emerging markets. | – | bamboocp.com | - | |
Venture capital fund focused on multiple sectors | 2001 | acumen.org | New York, United States | |
UK private equity investments are managed by LGT Impact. | – | lgtimpact.com | London, United Kingdom |
Investor details for Husk Power Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Husk Power Systems Private Limited (Husk Power Systems)
Husk Power Systems Private Limited is the primary company behind Husk Power Systems. The board of Husk Power Systems Private Limited currently have 4 directors; the longest-serving is Gyanesh Kumar Pandey, appointed in 2009. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gyanesh Kumar Pandey DIN 02480581 | Director | 27 Feb 2009 | 17 yrs 7 mo | Husk Power Systems Private Limited |
| Manoj Kumar Sinha DIN 06797042 | Whole-time director | 01 Jan 2014 | 12 yrs 9 mo | Husk Power Systems Private Limited |
| Shaila Lee DIN 08705903 | Director | 27 Feb 2020 | 6 yrs 7 mo | Husk Power Systems Private Limited |
| . Anshu DIN 10241427 | Company Secretary | 01 Mar 2020 | 6 yrs 7 mo | Husk Power Systems Private Limited |
People of Husk Power Systems
49 people are tracked at Husk Power Systems (26 in leadership, 1 in board & advisors, 22 in team); the tracked headcount is 294.
| Name | Role | Group |
|---|---|---|
Ratnesh Yadav | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Chip Ransler | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Preeti Ahuja | Chief People Officer | Leadership |
Sumeet Kumar | State Head Project And Installation | Leadership |
Ankur Dixit | Ceo's Office | Leadership |
Kamal Kishore Jha | Director | Leadership |
Naveen Garg | CFO | Leadership |
Baljit Singh | COO | Leadership |
Olu Aruike | Country Director, Nigeria | Leadership |
Sunil Kumar | Head Of Service Operations | Leadership |
Rajesh Kumar | Head, Revenue & Product Sales | Leadership |
Nikhil Murarka | VP, Engineering & Innovation | Leadership |
Samson Abiamuwe | Associate Vice President - Commercial | Leadership |
Randhir Sharma | Project Head P&i Department | Leadership |
Surabhi Sehgal | Head Of Business Operations | Leadership |
Bijit Biswas | Director - Hardware And Firmware | Leadership |
Arkajyoti Misra | Associate Director (engineering And Innovation) | Leadership |
Jatin Bali | Vice President - C&i Solar Business (africa) | Leadership |
29 more people are available in the full profile.
Complete people profiles for Husk Power Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Husk Power Systems
Figures of Husk Power Systems Private Limited, the primary company behind Husk Power Systems, for FY 2025. Revenue was ₹137 Cr (+93% year on year). Net loss was -₹26.73 Cr (-20% margin). EBITDA was -₹12.97 Cr (-9% margin). Revenue has grown at a compounded annual rate of +75% over three years and +70% over five years.
- ₹137 CrRevenue · FY 2025 · +93% YoY
- -₹26.73 CrNet loss · -20% margin
- -₹12.97 CrEBITDA · -9% margin
- ₹52.48 CrPaid-up capital
- 294Employees (provident fund records)
- +75%Revenue CAGR, 3 years
- +70%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Husk Power Systems Private Limited are on its company page.
Detailed financial statements for Husk Power Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Husk Power Systems
3 dated milestones of Husk Power Systems across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Husk Power Systems is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $3.2M.
Competitors of Husk Power Systems
Husk Power Systems 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 NextEra Energy, Ameren, Solstice, Adani Green Energy and Nautilus Solar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nexteraenergy.com | 1925 | Juno Beach, United States | – | 9,500 | Developer of energy solutions | |
| ameren.com | 1902 | St. Louis, United States | – | 18,641 | Provider of electricity and natural gas through solar energy | |
| solstice.us | 2016 | Boston, United States | $7.4M | – | Provider of Independent solar power | |
| adanigreenenergy.com | 2012 | Ahmedabad, India | – | 1,112 | Renewable energy power is produced independently by Adani Green Energy. | |
| nautilussolar.com | 2006 | Summit, United States | – | 57 | Solar energy is provided to commercial and industrial customers. | |
| herofutureenergies.com | 2012 | London, United Kingdom | $725.0M | 584 | Renewable energy projects are developed for utility-scale and commercial use. | |
| kpigreenenergy.com | 2008 | Surat, India | – | 415 | Solar and hybrid power projects are developed and operated. | |
| banpu.com | 1983 | Bangkok, Thailand | – | – | Energy resources, generation, and technology are managed across multiple sectors. | |
| exeloncorp.com | 2000 | Chicago, United States | – | 466 | Electric and natural gas distribution services are provided. |
Detailed competitors of Husk Power Systems
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Latest news on Husk Power Systems
Complete news archive for Husk Power Systems
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Husk Power Systems
10 companies that operate in the same segment as Husk Power Systems (Farm Support & Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Unnati Agri is focused on agricultural fintech solutions. | 2017 | Noida, Uttar Pradesh, India | USD 16.46 M | USD 47.85 M | 307 | |
Post-harvest risk management and storage services are provided to farmers. | 2004 | Gurugram, Haryana, India | USD 30.86 M | USD 32.17 M | – | |
Solar home lighting systems are supplied for agricultural needs. | 2020 | Gurugram, Haryana, India | USD 4.21 M | USD 8.78 M | 34 | |
Agribusiness, palm oil plantation, and renewable energy services are provided. | 2004 | Jakarta, Jakarta, Indonesia | – | USD 323.05 M | 10,810 | |
Provider of digital solutions for farmers | 2019 | Patna, Bihar, India | USD 435.77 K | USD 502.87 K | 1 | |
Logistics and trading services in agriculture are provided globally. | 2021 | Richardson, Texas, United States | – | USD 148.7 M | – | |
Provider of agricultural value chain services | 2013 | Gurugram, Haryana, India | USD 604.96 K | USD 254.67 K | – | |
Smallholder farmers are aggregated and supported via data-driven agritech solutions. | 2022 | Bandung, West Java, Indonesia | USD 6.85 M | – | – | |
Agricultural technology solutions are provided by Syngenta Group globally. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
Agricarbon services are provided to the agriculture sector. | 2018 | Dundee, Scotland, United Kingdom | USD 11.3 M | – | 16 |
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Frequently Asked Questions about Husk Power Systems
Husk Power Systems was founded in 2008.
Husk Power Systems is headquartered in Patna, India. It is registered at Patna, Bihar, India.
Manoj Sinha is the current CEO of Husk Power Systems. They have also founded this company.
Husk Power Systems is a funded company, having raised a total of $73.99M across 16 funding rounds to date.
Husk Power Systems has 294 employees.
The primary company behind Husk Power Systems, Husk Power Systems Private Limited, reported revenue of ₹137 Cr for FY 2025, up 93% year on year.
Provider of hybrid renewable energy solutions for rural communities. It involves creating unique hybrid power generation networks that combine solar PV and biomass gasification to produce low-cost, grid-compatible energy twenty-four hours a day. A theft-proof distribution system with smart metering and pay-as-you-go billing. A cloud-based remote management platform allows for real-time monitoring of site performance and customer energy usage. Waste products from the energy generation process are utilized in other applications.
Husk Power Systems's top competitors include NextEra Energy, Hero Future Energies and Solstice.
Husk Power Systems offers Hybrid Power System, Theft-Proof Distribution System, and Cloud-Based Remote Management Platform.
Husk Power Systems has 19 investors. Key investors include Shell, ENGIE, International Finance Corporation, Acumen, and European Investment Bank.
Husk Power Systems operates through Husk Power Systems Private Limited.
The legal entities of Husk Power Systems currently have 5 directors, including Shaila Lee, Anshu, Manoj Kumar Sinha and others.