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
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Sectors
Financial Services
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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 Indigrid Investment Managers Limited
- Date of Incorporation 22 Apr, 2010
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$4.79 M (USD)2.23as on Mar 31, 2023
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Net Profit
$1.04 M (USD)45.85as on Mar 31, 2023
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EBITDA
$1.47 M (USD)30.99as on Mar 31, 2023
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Total Equity Funding
$368 M (USD)
in 5 rounds
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Latest Funding Round
$163.15 M (USD), Post-IPO
Jan 23, 2026
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Investors
KKR
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
East-North Interconnection
& 3 more
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Products & Services of IndiGrid
IndiGrid offers a comprehensive portfolio of products and services, including Transmission Services and Solar Projects. 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.
Manages power transmission lines for reliable energy distribution
Operates solar assets to generate clean energy
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $163.2M
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First Round
First Round
(01 May 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Post-IPO - IndiGrid | Valuation |
investors |
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| Nov, 2025 | Amount | Post-IPO - IndiGrid | Valuation |
investors |
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| Dec, 2023 | Amount | Post-IPO - IndiGrid | Valuation |
investors |
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| 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 IndiGrid
IndiGrid has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include KKR and GIC. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Sovereign wealth is managed and private equity investments are facilitated.
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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 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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solar renewable energy power projects are developed by the company.
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2021 | ||||
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Solar energy projects are developed by Virescent Renewable Energy Trust.
|
2020 | ||||
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Renewable electricity is produced and distributed via transmission networks.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IndiGrid
| 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 |
Indigrid Comparisons
Competitors of IndiGrid
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Indigrid
Frequently Asked Questions about IndiGrid
When was IndiGrid founded?
IndiGrid was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is IndiGrid located?
IndiGrid is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of IndiGrid?
Harsh Shah is the current CEO of IndiGrid.
Is IndiGrid a funded company?
IndiGrid is a funded company, having raised a total of $368M across 5 funding rounds to date. The company's 1st funding round was a Post-IPO of $80.33M, raised on May 01, 2019.
What is the annual revenue of IndiGrid?
Annual revenue of IndiGrid is $4.79M as on Mar 31, 2023.
What does IndiGrid do?
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.
What products or services does IndiGrid offer?
IndiGrid offers Transmission Services and Solar Projects.
How many acquisitions has IndiGrid made?
IndiGrid has made 4 acquisitions, including East-North Interconnection, Raichur Sholapur Transmission, and ReNew Solar Urja.
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