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 as of April 02, 2024. 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 as on 02 Apr, 2024
- Founders Ratnesh Yadav, Gyanesh Pandey, Chip Ransler, Manoj Sinha
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Sectors
AgricultureEnergy & 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 Husk Power Systems Private Limited
- Date of Incorporation 26 Jun, 2007
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.46 M (USD)12.69as on Mar 31, 2023
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Net Profit
$-2.07 M (USD)-6.72as on Mar 31, 2023
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EBITDA
$-1.11 M (USD)-0.48as on Mar 31, 2023
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Total Equity Funding
$73.99 M (USD)
in 16 rounds
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Latest Funding Round
$3.2 M (USD), Debt – Conventional
Sep 10, 2025
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Investors
Shell
& 18 more
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Employee Count
294
as on Apr 02, 2024
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 Total Funding
- Total Rounds 16
- Last Round Debt – Conventional — $3.2M
- First Round First Round
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Debt – Conventional - Husk Power Systems | Valuation |
investors |
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| Apr, 2024 | Amount | Debt – Conventional - Husk Power Systems | Valuation |
investors |
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| Mar, 2024 | Amount | Debt – Conventional - Husk Power Systems | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Early-stage SMEs are invested in by government-operated Swedfund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Husk Power Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Husk Power Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Husk Power Systems Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Developer of energy solutions
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| domain | founded_year | HQ Location |
Provider of electricity and natural gas through solar energy
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| domain | founded_year | HQ Location |
Provider of Independent solar power
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| domain | founded_year | HQ Location |
Renewable energy power is produced independently by Adani Green Energy.
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| domain | founded_year | HQ Location |
Solar energy is provided to commercial and industrial customers.
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| domain | founded_year | HQ Location |
Renewable energy projects are developed for utility-scale and commercial use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Husk Power Systems
Frequently Asked Questions about Husk Power Systems
When was Husk Power Systems founded?
Husk Power Systems was founded in 2008.
Where is Husk Power Systems located?
Husk Power Systems is headquartered in Patna, India. It is registered at Patna, Bihar, India.
Who is the current CEO of Husk Power Systems?
Manoj Sinha is the current CEO of Husk Power Systems. They have also founded this company.
Is Husk Power Systems a funded company?
Husk Power Systems is a funded company, having raised a total of $73.99M across 16 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $20M, raised on Nov 01, 2008.
How many employees does Husk Power Systems have?
As of Apr 02, 2024, the latest employee count at Husk Power Systems is 294.
What is the annual revenue of Husk Power Systems?
Annual revenue of Husk Power Systems is $3.46M as on Mar 31, 2023.
What does Husk Power Systems do?
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.
Who are the top competitors of Husk Power Systems?
Husk Power Systems's top competitors include NextEra Energy, Hero Future Energies and Solstice.
What products or services does Husk Power Systems offer?
Husk Power Systems offers Hybrid Power System, Theft-Proof Distribution System, and Cloud-Based Remote Management Platform.
Who are Husk Power Systems's investors?
Husk Power Systems has 19 investors. Key investors include Shell, ENGIE, International Finance Corporation, Acumen, and European Investment Bank.
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