IndiGrid

Delhi, India Founded: 2016 • Age: 10 yrs
Power transmission lines, substations, and battery storage systems are operated.
Annual revenue $4.8M Latest available
Total funding $368.0M 5 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About IndiGrid

IndiGrid is a company based in Delhi (India) founded in 2016. IndiGrid has raised $368 million across 5 funding rounds from investors including KKR and GIC. IndiGrid has completed 4 acquisitions, including East-North Interconnection, Raichur Sholapur Transmission and ReNew Solar Urja. IndiGrid offers products and services including Transmission Services and Solar Projects.

  • Headquarter Delhi, India
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Indigrid Infrastructure Trust
Operational Areas
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.79 M (USD)
    2.23
    as on Mar 31, 2023
  • Net Profit
    $1.04 M (USD)
    45.85
    as on Mar 31, 2023
  • EBITDA
    $1.47 M (USD)
    30.99
    as on Mar 31, 2023
  • Total Equity Funding
    $368 M (USD)

    in 5 rounds

  • Latest Funding Round
    $163.15 M (USD), Post-IPO

    Jan 23, 2026

  • Investors
    KKR

    & 1 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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IPO & Listings of IndiGrid

IndiGrid is a publicly listed company on the NSE with ticker symbol INDIGRID in India. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: INDIGRID · Sector: · India

Products & Services of IndiGrid

IndiGrid offers a comprehensive portfolio of products and services, including Transmission Services and Solar Projects.

Product name locked
Category locked
Primary

Manages power transmission lines for reliable energy distribution

Product name locked
Category locked
Locked

Operates solar assets to generate clean energy

People of IndiGrid

Headcount 500-1000
Employee Profiles 26
Board Members and Advisors 5
Employee Profiles
People
Harsh Shah
Managing Director
People
Meghana Pandit
Chief Financial Officer
People
Kundan Kishore
Vice President Human Resources
People
Hansraj Gurjar
CCR Senior Engineer

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Board Members and Advisors
people
Hardik Shah
Non-Executive Director
people
Ashok Sethi
Independent Director
people
Ami Momaya
Non-Executive Director
people
Jayashree Vaidhyanathan
Independent Director

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Funding Insights of IndiGrid

IndiGrid has successfully raised a total of $368M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $163.15 million completed in January 2026. 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 IndiGrid

IndiGrid has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include KKR and GIC.

All
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Locked Locked Locked
Sovereign wealth is managed and private equity investments are facilitated.
Locked Locked Locked
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Investor details for IndiGrid

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by IndiGrid

IndiGrid has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include East-North Interconnection, Raichur Sholapur Transmission and ReNew Solar Urja.

Investments
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Investment portfolio details for IndiGrid

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar renewable energy power projects are developed by the company.
Locked Locked 2021 Locked
Solar energy projects are developed by Virescent Renewable Energy Trust.
Locked Locked 2020 Locked
Renewable electricity is produced and distributed via transmission networks.
Locked Locked 2009 Locked
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Complete acquisition details for IndiGrid

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - IndiGrid

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Detailed financials for IndiGrid

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  • Profit trends
  • Statement rows
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Indigrid Comparisons

IndiGrid Primary company
Description
Power transmission lines, substations, and battery storage s...
Location
Delhi, India
Founded Year
2016
Annual Revenue
$4.79 M (USD)
Net Profit
$1.04 M (USD)
EBITDA
$1.47 M (USD)
Employees
Not available
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Peer comparison for IndiGrid

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Competitors of IndiGrid

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Detailed competitors of IndiGrid

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Indigrid

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Complete news archive for IndiGrid

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about IndiGrid

IndiGrid was founded in 2016 and raised its 1st funding round 3 years after it was founded.

IndiGrid is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Harsh Shah is the current CEO of IndiGrid.

IndiGrid is a funded company, having raised a total of $368M across 5 funding rounds to date.

Annual revenue of IndiGrid is $4.79M as on Mar 31, 2023.

IndiGrid was founded in 2016 in Delhi, India, as an infrastructure investment trust centered on the power sector. Assets including power transmission lines and substations are managed, alongside battery energy storage systems. Operations support electricity distribution across the country, with a focus on infrastructure development in multiple energy-related areas. Investor returns are generated through these regulated assets.

IndiGrid offers Transmission Services and Solar Projects.

Yes, IndiGrid is publicly traded on NSE under the ticker symbol INDIGRID.

IndiGrid has made 4 acquisitions, including East-North Interconnection, Raichur Sholapur Transmission, and ReNew Solar Urja.

IndiGrid has 2 investors. Key investors include KKR, and GIC.

The ticker symbol of IndiGrid is INDIGRID on NSE.

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