About Indian Energy
Indian Energy is an Energy & Utilities company based in Mumbai (India) founded in 2007, and was acquired by ReNew Power in April 2018. Wind power assets are operated in the Indian market. Indian Energy has raised $98.82 thousand across 2 funding rounds from investors including IFU and ReNew Power. Its Indian entity Ienergy Renewables Private Limited reported revenue of ₹13.3 Lakh. Its focus areas include Energy, Wind Energy, Independent Power Producer and Utility.
Company details
Indian Energy was founded in 2007 and is headquartered in Mumbai, India. Operations are centered on independent power production in the wind energy sector. Two projects with a combined capacity of 42 MW are maintained in Karnataka and Tamil Nadu. A goal of reaching 300 MW in operating capacity by 2015 has been established.
- Headquarters Mumbai, India
- Stage Acquired
- SectorsEnergy & Utilities
- Website indianenergy.in
- Social LinkedIn X Facebook
- Acquired by ReNew Power (Apr 2018)
- Legal Name Ienergy Renewables Private Limited
- Date of Incorporation 01 Aug, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹13.3 Lakh
FY 2025 · +33% YoY
- Net Loss-₹2.2 Lakh
FY 2025 · -16% margin
- EBITDA-₹1.9 Lakh
FY 2025 · -15% margin
- Total Equity Funding$98.82K (USD)
in 2 rounds
- Latest Funding Round$98.82K (USD), Seed
Jun 2002
- InvestorsIFU
& 1 more
- Acquired byReNew Power
(Apr 2018)
Associated legal entities of Indian Energy
Indian Energy operates through Ienergy Renewables 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 |
|---|---|---|---|---|---|---|---|
| Ienergy Renewables Private Limited CIN U74999MH2008PTC366192 | Active | 01 Aug 2008 | Mumbai, Maharashtra | ₹0.1 Cr | 2 | View details |
Funding Insights of Indian Energy
Indian Energy has successfully raised a total of $98.82K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $98.82 thousand completed in June 2002. 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 $98,816
- Total Rounds 2
- Last Round Seed — $98,816
- First Round $1.69M
(Jun 2002)
- Investors Count 1
All 2 funding rounds of Indian Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Indian Energy
Indian Energy has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IFU and ReNew Power.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark | |
Utility-scale wind and solar energy projects are developed and distributed. | renewpower.in | Gurugram, India |
Investor details for Indian Energy
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Board of directors of Ienergy Renewables Private Limited (Indian Energy)
Ienergy Renewables Private Limited is the primary company behind Indian Energy. The board of Ienergy Renewables Private Limited currently have 2 directors; the longest-serving is Chaitali Sachin Jagdale, appointed in 2023. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chaitali Sachin Jagdale DIN 10204753 | Director | 28 Jun 2023 | 3 yrs 4 mo | Ienergy Renewables Private Limited |
| Sanjay Shantaram Khapane DIN 10205031 | Director | 28 Jun 2023 | 3 yrs 4 mo | Ienergy Renewables Private Limited |
Financials of Indian Energy
Figures of Ienergy Renewables Private Limited, the primary company behind Indian Energy, for FY 2025. Revenue was ₹13.3 Lakh (+33% year on year). Net loss was -₹2.2 Lakh (-16% margin). EBITDA was -₹1.9 Lakh (-15% margin). Revenue has grown at a compounded annual rate of -59% over three years and -30% over five years.
- ₹13.3 LakhRevenue · FY 2025 · +33% YoY
- -₹2.2 LakhNet loss · -16% margin
- -₹1.9 LakhEBITDA · -15% margin
- ₹1.3 LakhPaid-up capital
- -59%Revenue CAGR, 3 years
- -30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ienergy Renewables Private Limited are on its company page.
Detailed financial statements for Indian Energy
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Timeline of Indian Energy
3 dated milestones of Indian Energy across 16 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $1.7M.
- Founded Indian Energy is founded.
- Exit Acquired by ReNew Power.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Indian Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Indian Energy
Indian Energy was founded in 2007.
Indian Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Indian Energy is a funded company, having raised a total of $98.82K across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1.69M, raised on Jun 2002.
The primary company behind Indian Energy, Ienergy Renewables Private Limited, reported revenue of ₹13.3 Lakh for FY 2025, up 33% year on year.
Indian Energy was founded in 2007 and is headquartered in Mumbai, India. Operations are centered on independent power production in the wind energy sector. Two projects with a combined capacity of 42 MW are maintained in Karnataka and Tamil Nadu. A goal of reaching 300 MW in operating capacity by 2015 has been established.
Indian Energy has 2 investors. Key investors include IFU, and ReNew Power.
Indian Energy operates through Ienergy Renewables Private Limited.
Yes. Indian Energy was acquired by ReNew Power in April 2018.
The legal entities of Indian Energy currently have 2 directors, including Chaitali Sachin Jagdale, Sanjay Shantaram Khapane.