Mahindra Susten

Mumbai, India Founded: 2010 • Age: 16 yrs
Turnkey EPC services for solar power plants are provided.
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About Mahindra Susten

Mahindra Susten is a company based in Mumbai (India) founded in 2010.. The company has 184 employees as of February 07, 2025. Mahindra Susten offers products and services including Solar Power Projects, Engineering Services, and Asset Management. Mahindra Susten operates in a competitive market with competitors including Fourth Partner Energy, Sterling And Wilson, GREW, Roofsol Energy and InSolare Energy, among others.

  • Headquarter Mumbai, India
  • Employees 184 as on 07 Feb, 2025
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mahindra Susten Private Limited
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $22.76 M (USD)
    -50.86
    as on Mar 31, 2024
  • Net Profit
    $99.57 M (USD)
    2381.18
    as on Mar 31, 2024
  • EBITDA
    $-8.79 M (USD)
    -199.14
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    184

    as on Feb 07, 2025

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Products & Services of Mahindra Susten

Mahindra Susten offers a comprehensive portfolio of products and services, including Solar Power Projects, Engineering Services, and Asset Management. 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.

Primary

Develops and manages solar energy projects for sustainable power

Handles engineering and procurement for green energy initiatives

Manages renewable energy assets to ensure efficiency and maintenance

People of Mahindra Susten
Headcount 500-1000
Employee Profiles 26
Employee Profiles
People
Yasir Kazi
Assistant Manager - Design & Engineering
People
Vinita Wajge
Head Civil Design
People
Viral Naik
Deputy General Manager
People
Vivek Jagtap
Head Of Quality

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Funding Insights of Mahindra Susten

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Mahindra Susten

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Mahindra Susten

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mahindra Susten Comparisons

Employees
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Competitors of Mahindra Susten

Mahindra Susten 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 Fourth Partner Energy, Sterling And Wilson, GREW, Roofsol Energy and InSolare Energy, 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
domain founded_year HQ Location
On-grid and off-grid solar solutions and products are provided.
domain founded_year HQ Location
EPC and MEP services are provided across diverse sectors.
domain founded_year HQ Location
Provider of a range of solar products and services
domain founded_year HQ Location
Provides solar plant installations, providing engineering, procurement, and construction services
domain founded_year HQ Location
Solar large-scale projects are developed and installed by InSolare Energy.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mahindra Susten

Frequently Asked Questions about Mahindra Susten

When was Mahindra Susten founded?

Mahindra Susten was founded in 2010.

Where is Mahindra Susten located?

Mahindra Susten is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Mahindra Susten?

Deepak Thakur is the current CEO of Mahindra Susten.

How many employees does Mahindra Susten have?

As of Feb 07, 2025, the latest employee count at Mahindra Susten is 184.

What is the annual revenue of Mahindra Susten?

Annual revenue of Mahindra Susten is $22.76M as on Mar 31, 2024.

What does Mahindra Susten do?

Mahindra Susten was established in 2010 as the energy division of Mahindra Group, based in Mumbai, India. Operations focus on the solar EPC sector, where turnkey services are delivered for installing solar power plants. A capacity of 90 MW has been commissioned, with over 250 MW under implementation. Plans include reaching 350 MW by the end of 2015 through a 1 billion investment in Indias green power segment.

Who are the top competitors of Mahindra Susten?

Mahindra Susten's top competitors include Fourth Partner Energy, GREW and Sukhbir Agro Energy.

What products or services does Mahindra Susten offer?

Mahindra Susten offers Solar Power Projects, Engineering Services, and Asset Management.

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