About Oorjan
Oorjan is a company based in Mumbai (India) founded in 2014 by Gautam Das and Manjesh Sadashiv Nayak.. Oorjan has raised $655.04 thousand across 3 funding rounds from investors including Globevestor, Hercules Pigments and Hrishikesh Ramesh Deshpande. The company has 55 employees as of April 03, 2024. Oorjan operates in a competitive market with competitors including SolarCity, Sunrun, Sunnova, SunPower and Vivint Solar, among others.
- Headquarter Mumbai, India
- Employees 55 as on 03 Apr, 2024
- Founders Gautam Das, Manjesh Sadashiv Nayak
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Oorjan Cleantech Private Limited
- Date of Incorporation 10 Nov, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$6.07 M (USD)32.57as on Mar 31, 2023
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Net Profit
$30.58 K (USD)-9.29as on Mar 31, 2023
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EBITDA
$190 K (USD)29.99as on Mar 31, 2023
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Total Equity Funding
$655.04 K (USD)
in 3 rounds
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Latest Funding Round
$88.02 K (USD), Seed
May 21, 2018
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Investors
Globevestor
& 22 more
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Employee Count
55
as on Apr 03, 2024
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Funding Insights of Oorjan
Oorjan has successfully raised a total of $655.04K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $88.02 thousand completed in May 2018. 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 3
- Last Round Seed — $88,017
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First Round
First Round
(23 Apr 2016)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Seed - Oorjan | Valuation | Hercules Pigments | |
| Apr, 2017 | Amount | Seed - Oorjan | Valuation | Globevestor | |
| Apr, 2016 | Amount | Angel Round - Oorjan | Valuation | Aditya Sharma , Aditya Sharma |
| 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 Oorjan
Oorjan has secured backing from 23 investors, including institutional and angel investors. Prominent investors backing the company include Globevestor, Hercules Pigments and Hrishikesh Ramesh Deshpande. 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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Hercules Pigments is engaged in manufacturing and marketing pigments.
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Founded Year | Domain | Location | |
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Equity-based crowdfunding platform for startups
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Founded Year | Domain | Location | |
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HR
Hrishikesh Ramesh Deshpande |
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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 Oorjan
| 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 |
Financial Statements - Oorjan
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Oorjan Comparisons
Competitors of Oorjan
Oorjan 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 SolarCity, Sunrun, Sunnova, SunPower and Vivint Solar, 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 |
Solar power systems are designed, financed, and installed for clients.
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| domain | founded_year | HQ Location |
Solar energy services are provided to residential customers nationwide.
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| domain | founded_year | HQ Location |
Solar services are provided to residential and commercial customers.
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| domain | founded_year | HQ Location |
Silicon-based solar PV modules are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Provider of solar installation and designing services for residential
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| domain | founded_year | HQ Location |
Provider of solar panel installation services
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| 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 Oorjan
Frequently Asked Questions about Oorjan
When was Oorjan founded?
Oorjan was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Oorjan located?
Oorjan is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Oorjan a funded company?
Oorjan is a funded company, having raised a total of $655.04K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $117.02K, raised on Apr 23, 2016.
How many employees does Oorjan have?
As of Apr 03, 2024, the latest employee count at Oorjan is 55.
What is the annual revenue of Oorjan?
Annual revenue of Oorjan is $6.07M as on Mar 31, 2023.
What does Oorjan do?
Founded in 2014 and based in Mumbai, India, Oorjan operates in the solar energy sector. Solar power systems are provided for domestic and commercial applications, along with installation and financing services. A platform is maintained to connect financiers, integrators, and rooftop owners. Partnerships with banks enable term loans for residential, housing societies, and commercial customers, while collaborations with private financiers support larger BOOT-based projects.
Who are the top competitors of Oorjan?
Who are Oorjan's investors?
Oorjan has 23 investors. Key investors include Globevestor, Hercules Pigments, Hrishikesh Ramesh Deshpande, Aditya Sharma, and Sayantani Saha.
What is Oorjan's valuation?
The valuation of Oorjan is $5.96M as of May 2018.