About Mera Gao Power
Mera Gao Power is an Energy & Utilities company based in Lucknow (India) founded in 2010. Pay-as-you go solar micro-grids in Uttar Pradesh. Mera Gao Power has raised $2.5 million across 2 funding rounds from investors including USAID and Insitor Partners. The company has 11 employees. Its focus areas include Energy, Solar Energy, Independent Power Producer and Distributed. Its legal entity in India is Mera Gao Power India Llp (AAM-8872). Its competitors include Husk Power Systems, Adani Green Energy and KPI Green Energy; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2010 and based in Lucknow, India, Mera Gao Power operates in the renewable energy sector. Micro-grids powered by solar energy are constructed, owned, and managed to deliver lighting and mobile charging to rural households. Each system is automated for generation, storage, and distribution, with builds completed in one day at a cost of 900. Over 1,000 grids have been established, serving more than 20,000 households in Uttar Pradesh.
- Headquarters Lucknow, India
- Employees 11
- SectorsEnergy & Utilities
- Email••••••••
- Website meragaopower.com
- Social LinkedIn X
- Legal Name Mera Gao Power India Llp
- Date of Incorporation 29 Jun, 2018
- Jurisdiction Munirka, Delhi, India
- Annual Revenue$340.21 K (USD)27as on Mar 31, 2019
- Net Profit-$479.12 K (USD)30as on Mar 31, 2019
- EBITDA-$305.96 K (USD)43as on Mar 31, 2019
- Total Equity Funding$2.5M (USD)
in 2 rounds
- Latest Funding Round$2.5M (USD), Series A
Jun 2017
- InvestorsUSAID
& 1 more
- Employee Count11
Associated legal entities of Mera Gao Power
Mera Gao Power is associated with 2 registered companies on The Company Check; the primary company is Mera Gao Power India Llp. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mera Gao Power India Llp CIN AAM-8872 | Active | 29 Jun 2018 | Munirka, Delhi | 2 | View details | ||
| Mera Gao Micro Grid Power Private Limited CIN U40102DL2010PTC205337 | Active | 06 Jul 2010 | New Delhi, Delhi | ₹2.4 Cr | 18 | 2 | View details |
Funding Insights of Mera Gao Power
Mera Gao Power has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in June 2017. 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 $2.5M
- Total Rounds 2
- Last Round Series A — $2.5M
- First Round $300,000
(Jun 2012)
- Investors Count 2
All 2 funding rounds of Mera Gao Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $2.5M | Series A | – | Insitor Partners | – |
| Jun 2012 | $300,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Mera Gao Power
Mera Gao Power has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include USAID and Insitor Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of impact investment firm based in Singapore focused on investing in startups and early-stage social businesses | insitorpartners.com | Singapore, Singapore | ||
Global poverty and development are addressed through USAID initiatives. | 1961 | usaid.gov |
Investor details for Mera Gao Power
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Board of directors of Mera Gao Power India Llp (Mera Gao Power)
Mera Gao Power India Llp is the primary company behind Mera Gao Power. The boards of the 2 registered companies of Mera Gao Power currently have 2 directors; the longest-serving is Govinda Raju, appointed in 2019. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Govinda Raju DIN 08137133 | Designated Partner | 09 Aug 2019 | 7 yrs 2 mo | Mera Gao Power India Llp, Mera Gao Micro Grid Power Private Limited |
| Sunit Kumar Arya DIN 03459300 | Designated Partner | 08 Sep 2019 | 7 yrs 1 mo | Mera Gao Power India Llp, Mera Gao Micro Grid Power Private Limited |
Timeline of Mera Gao Power
3 dated milestones of Mera Gao Power across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Mera Gao Power is founded.
- Funding First funding round of $300K.
- Funding Latest funding round, Series A, of $2.5M.
Competitors of Mera Gao Power
Mera Gao Power has 3 listed competitors in our database, 1 of them funded. They include Husk Power Systems, Adani Green Energy and KPI Green Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| huskpowersystems.com | 2008 | Patna, India | $73.99M | 452 | Hybrid renewable energy solutions are provided for rural communities. | |
| adanigreenenergy.com | 2012 | Ahmedabad, India | 1,112 | Renewable energy power is produced independently by Adani Green Energy. | ||
| kpigreenenergy.com | 2008 | Surat, India | 415 | Solar and hybrid power projects are developed and operated. |
Detailed competitors of Mera Gao Power
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Mera Gao Power (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 Mera Gao Power
Mera Gao Power was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Mera Gao Power is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
Mera Gao Power is a funded company, having raised a total of $2.5M across 2 funding rounds to date. The company's 1st funding round was a Grant of $300K, raised on Jun 2012.
Mera Gao Power has 11 employees.
Annual revenue of Mera Gao Power is $340.21K as on Mar 31, 2019.
Founded in 2010 and based in Lucknow, India, Mera Gao Power operates in the renewable energy sector. Micro-grids powered by solar energy are constructed, owned, and managed to deliver lighting and mobile charging to rural households. Each system is automated for generation, storage, and distribution, with builds completed in one day at a cost of 900. Over 1,000 grids have been established, serving more than 20,000 households in Uttar Pradesh.
Mera Gao Power's top competitors include Husk Power Systems, Adani Green Energy and KPI Green Energy.
Mera Gao Power has 2 investors. Key investors include USAID, and Insitor Partners.
Mera Gao Power is associated with 2 legal entities: Mera Gao Power India Llp, Mera Gao Micro Grid Power Private Limited.
The legal entities of Mera Gao Power currently have 2 directors, including Govinda Raju, Sunit Kumar Arya.