About New Era Cleantech
New Era Cleantech is an Environment company based in Mumbai (India) founded in 2020 by Gopi Latpate. Clean coal gasification technology is provided for chemical feedstock production. New Era Cleantech has raised $1.94 million across 1 funding round from investors including ABR Entrepreneur, Nihit Agarwal and Ajay Babulal Agarwal. The company has 1 employees. New Era Cleantech was last valued at $2.92 million in December 2022. Its Indian entity New Era Cleantech Solution Private Limited reported revenue of ₹21.8 Lakh. New Era Cleantech offers products and services including Gasification Technology and Carbon Capture Services. Its focus areas include Environment Tech, Air Pollution Management Tech, Emission Management and Control.
Company details
New Era Cleantech was founded in 2020 and is based in Mumbai, India. Operations focus on the cleantech sector, where clean gasification technology is developed for converting coal and other raw materials into essential chemical feedstocks. These feedstocks support the production of urea and hydrogen. Services are targeted at industrial applications requiring sustainable energy solutions.
- Headquarters Mumbai, India
- Employees 1
- Founders Gopi Latpate
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Website neweracleantech.com
- Social LinkedIn
- Legal Name New Era Cleantech Solution Private Limited
- Date of Incorporation 02 Jun, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹21.8 Lakh
FY 2025 · -19% YoY
- Net Loss-₹3.55 Cr
FY 2025 · -1633% margin
- EBITDA-₹3.55 Cr
FY 2025 · -1631% margin
- Total Equity Funding$1.94M (USD)
in 1 rounds
- Latest Funding Round$1.94M (USD), Series A
Dec 2022
- Employee Count1
Associated legal entities of New Era Cleantech
New Era Cleantech operates through New Era Cleantech Solution Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| New Era Cleantech Solution Private Limited CIN U14200MH2022PTC383995 | Active | 02 Jun 2022 | Mumbai, Maharashtra | ₹0.2 Cr | 3 | View details |
Products & Services of New Era Cleantech
New Era Cleantech offers a comprehensive portfolio of products and services, including Gasification Technology and Carbon Capture Services.
Syngas and value-added chemicals are produced through advanced gasification for industrial applications
Carbon capture and utilization are implemented to decarbonize sectors like power and chemicals
Funding Insights of New Era Cleantech
New Era Cleantech has successfully raised a total of $1.94M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.94 million completed in December 2022. 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 $1.94M
- Total Rounds 1
- Last Round Series A — $1.94M
- First Round $1.94M
(Dec 2022)
- Investors Count 4
All 1 funding rounds of New Era Cleantech 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 |
|---|---|---|---|---|---|
| Dec 2022 | $1.94M | Series A | $2.92M | Nihit Agarwal, Ajay Babulal Agarwal |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $2.92M | •••••••• |
Last known valuation $2.92M (Dec 2022). 4 investors in total: 1 institutional and 3 angel.
Investors in New Era Cleantech
New Era Cleantech has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include ABR Entrepreneur, Nihit Agarwal and Ajay Babulal Agarwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Consumer goods are wholesaled by ABR Entrepreneur in India. | Mumbai, India | |||
NA Nihit Agarwal | Angel investor and entrepreneur, focused on tech startups in India. | unknown_0486c48cc797421f8 | ||
AB Ajay Babulal Agarwal | unknown_a61d9f03050548dc9 | |||
GL Gopi Latpate | Angel investor and tech entrepreneur, co-founder of Shiprocket, focusing on logistics tech. | unknown_31d154e6491d4c45b |
Investor details for New Era Cleantech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of New Era Cleantech Solution Private Limited (New Era Cleantech)
New Era Cleantech Solution Private Limited is the primary company behind New Era Cleantech. The board of New Era Cleantech Solution Private Limited currently have 3 directors; the longest-serving is Balasaheb Shankarrao Darade, appointed in 2022. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Balasaheb Shankarrao Darade DIN 07556663 | Managing Director | 02 Jun 2022 | 4 yrs 5 mo | New Era Cleantech Solution Private Limited |
| Gopinath Govindrao Latpate DIN 03378195 | Director | 09 Jul 2022 | 4 yrs 4 mo | New Era Cleantech Solution Private Limited |
| Nihit Agarwal DIN 07586882 | Director | 09 Sep 2022 | 4 yrs 2 mo | New Era Cleantech Solution Private Limited |
People of New Era Cleantech
1 people are tracked at New Era Cleantech (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Gopi Latpate | Co-Founder | Leadership |
Complete people profiles for New Era Cleantech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of New Era Cleantech
Figures of New Era Cleantech Solution Private Limited, the primary company behind New Era Cleantech, for FY 2025. Revenue was ₹21.8 Lakh (-19% year on year). Net loss was -₹3.55 Cr (-1633% margin). EBITDA was -₹3.55 Cr (-1631% margin).
- ₹21.8 LakhRevenue · FY 2025 · -19% YoY
- -₹3.55 CrNet loss · -1633% margin
- -₹3.55 CrEBITDA · -1631% margin
- ₹1.79 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of New Era Cleantech Solution Private Limited are on its company page.
Detailed financial statements for New Era Cleantech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of New Era Cleantech
3 dated milestones of New Era Cleantech across 2 years, from founding to its latest funding, stage changes and deals.
- Founded New Era Cleantech is founded.
- Funding First funding round of $1.9M.
- Milestone Reaches Minicorn status.
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Frequently Asked Questions about New Era Cleantech
New Era Cleantech was founded in 2020 and raised its 1st funding round 2 years after it was founded.
New Era Cleantech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
New Era Cleantech is a funded company, having raised a total of $1.94M across 1 funding round to date. The company's 1st funding round was a Series A of $1.94M, raised on Dec 2022.
New Era Cleantech has 1 employees.
The primary company behind New Era Cleantech, New Era Cleantech Solution Private Limited, reported revenue of ₹21.8 Lakh for FY 2025, down 19% year on year.
New Era Cleantech was founded in 2020 and is based in Mumbai, India. Operations focus on the cleantech sector, where clean gasification technology is developed for converting coal and other raw materials into essential chemical feedstocks. These feedstocks support the production of urea and hydrogen. Services are targeted at industrial applications requiring sustainable energy solutions.
New Era Cleantech offers Gasification Technology and Carbon Capture Services.
New Era Cleantech has 4 investors. Key investors include ABR Entrepreneur, Nihit Agarwal, Ajay Babulal Agarwal, and Gopi Latpate.
The valuation of New Era Cleantech is $2.92M as of Dec 2022.
New Era Cleantech operates through New Era Cleantech Solution Private Limited.
The legal entities of New Era Cleantech currently have 3 directors, including Balasaheb Shankarrao Darade, Nihit Agarwal, Gopinath Govindrao Latpate.