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
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- 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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People of Oorjan
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Hercules Pigments is engaged in manufacturing and marketing pigments.
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Equity-based crowdfunding platform for startups
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HR
Hrishikesh Ramesh Deshpande |
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Investor details for Oorjan
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Investments & Acquisitions by Oorjan
Investment portfolio details for Oorjan
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Financial Statements - Oorjan
Detailed financials for Oorjan
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Oorjan Comparisons
Peer comparison for Oorjan
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Solar power systems are designed, financed, and installed for clients.
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Solar energy services are provided to residential customers nationwide.
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Solar services are provided to residential and commercial customers.
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Silicon-based solar PV modules are manufactured for diverse applications.
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Provider of solar installation and designing services for residential
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Provider of solar panel installation services
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Detailed competitors of Oorjan
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Latest news on Oorjan
Complete news archive for Oorjan
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Frequently Asked Questions about Oorjan
Oorjan was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Oorjan is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Oorjan is a funded company, having raised a total of $655.04K across 3 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Oorjan is 55.
Annual revenue of Oorjan is $6.07M as on Mar 31, 2023.
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.
Oorjan has 23 investors. Key investors include Globevestor, Hercules Pigments, Hrishikesh Ramesh Deshpande, Aditya Sharma, and Sayantani Saha.
The valuation of Oorjan is $5.96M as of May 2018.