About Mera Gao Power
Mera Gao Power is a company based in Lucknow (India) founded in 2010. Mera Gao Power has raised $2.5 million across 2 funding rounds from investors including USAID and Insitor Partners. The company has 11 employees as of July 31, 2020. Mera Gao Power operates in a competitive market with competitors including Husk Power Systems, Hero Future Energies, Adani Green Energy, KPI Green Energy and Hindustan Powerprojects, among others.
- Headquarter Lucknow, India
- Employees 11 as on 31 Jul, 2020
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$340.21 K (USD)27as on Mar 31, 2019
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Net Profit
-$479.12 K (USD)30as on Mar 31, 2019
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EBITDA
-$305.96 K (USD)43as on Mar 31, 2019
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Total Equity Funding
$2.5 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Jun 02, 2017
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Investors
USAID
& 1 more
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Employee Count
11
as on Jul 31, 2020
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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.
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 |
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Provider of impact investment firm based in Singapore focused on investing in startups and early-stage social businesses
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Global poverty and development are addressed through USAID initiatives.
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Investor details for Mera Gao Power
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Investments & Acquisitions by Mera Gao Power
Investment portfolio details for Mera Gao Power
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Financial Statements - Mera Gao Power
Detailed financials for Mera Gao Power
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Mera Gao Power Comparisons
Peer comparison for Mera Gao Power
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Competitors of Mera Gao Power
Mera Gao Power 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 Husk Power Systems, Hero Future Energies, Adani Green Energy, KPI Green Energy and Hindustan Powerprojects, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Hybrid renewable energy solutions are provided for rural communities.
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Renewable energy projects are developed for utility-scale and commercial use.
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Renewable energy power is produced independently by Adani Green Energy.
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Solar and hybrid power projects are developed and operated.
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Conventional and renewable energy is generated across India and abroad.
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Solar-as-a-Service is provided to rural households in India.
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Detailed competitors of Mera Gao Power
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Latest news on Mera Gao Power
Complete news archive for Mera Gao Power
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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.
As of Jul 31, 2020, the latest employee count at Mera Gao Power is 11.
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, Hero Future Energies and Goldi Solar.
Mera Gao Power has 2 investors. Key investors include USAID, and Insitor Partners.