About PI Green Innovations
PI Green Innovations is a company based in Pune (India) founded in 2019 by Shantanu Sonaikar, Rizwan Shaikh, and Irfan Pathan.. PI Green Innovations has raised $5 million across 2 funding rounds from investors including Opus Technologies, JCSS Global and Rashma Krishnamurthy. The company has 69 employees as of April 06, 2024. PI Green Innovations operates in a competitive market with competitors including XNRGY, Verlume, CoClean, Aqdot and AirOK Technologies, among others.
- Headquarter Pune, India
- Employees 69 as on 06 Apr, 2024
- Founders Shantanu Sonaikar, Rizwan Shaikh, Irfan Pathan
- Stage Minicorn
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Sectors
Environment
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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 Pi Green Innovations Private Limited
- Date of Incorporation 25 Apr, 2019
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$1.85 M (USD)28.78as on Mar 31, 2023
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Net Profit
$-869.62 K (USD)-20.61as on Mar 31, 2023
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EBITDA
$-791.09 K (USD)-4.62as on Mar 31, 2023
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Total Equity Funding
$5 M (USD)
in 2 rounds
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Latest Funding Round
$4.69 M (USD), Series A
Aug 30, 2021
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Investors
Opus Technologies
& 3 more
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Employee Count
69
as on Apr 06, 2024
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Funding Insights of PI Green Innovations
PI Green Innovations has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.69 million completed in August 2021. 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 2
- Last Round Series A — $4.7M
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First Round
First Round
(18 Sep 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series A - PI Green Innovations | Valuation | Opus Technologies | |
| Sep, 2019 | Amount | Seed - PI Green Innovations | Valuation | Harshal Chandrakant Morde |
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| 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 PI Green Innovations
PI Green Innovations has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Opus Technologies, JCSS Global and Rashma Krishnamurthy. 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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Tax, audit, and consulting services are provided by JCSS Global.
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Founded Year | Domain | Location | |
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Cross-border payments are processed via AI-enabled omnichannel networks.
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Founded Year | Domain | Location | |
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RK
Rashma Krishnamurthy |
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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 PI Green Innovations
| 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 - PI Green Innovations
| 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 |
Pi Green Innovations Comparisons
Competitors of PI Green Innovations
PI Green Innovations 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 XNRGY, Verlume, CoClean, Aqdot and AirOK Technologies, 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 |
Manufacturer of custom HVAC systems for data centers and industrial buildings. These systems are designed and manufactured using advanced technologies, focusing on low sound and vibration levels, energy efficiency, and support for LEED certification. The company offers both DX and chilled water cooling systems, incorporating energy recovery technologies where applicable. A focus on modular design allows for adaptability and efficient construction. The company also provides design and engineering services to support seamless integration of the HVAC systems into the client's project.
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| domain | founded_year | HQ Location |
Energy management solutions are provided for commercial and industrial sectors.
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| domain | founded_year | HQ Location |
Smart portable air purifiers are developed for homes and vehicles.
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| domain | founded_year | HQ Location |
Intelligent encapsulation technology for multiple industries is developed.
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| domain | founded_year | HQ Location |
Solutions for air quality management are developed by AirOK Technologies.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Pi Green Innovations
Frequently Asked Questions about PI Green Innovations
When was PI Green Innovations founded?
PI Green Innovations was founded in 2019.
Where is PI Green Innovations located?
PI Green Innovations is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of PI Green Innovations?
Irfan Pathan is the current CEO of PI Green Innovations. They have also founded this company.
Is PI Green Innovations a funded company?
PI Green Innovations is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $313.92K, raised on Sep 18, 2019.
How many employees does PI Green Innovations have?
As of Apr 06, 2024, the latest employee count at PI Green Innovations is 69.
What is the annual revenue of PI Green Innovations?
Annual revenue of PI Green Innovations is $1.85M as on Mar 31, 2023.
What does PI Green Innovations do?
PI Green Innovations was founded in 2019 in Pune, India, within the environmental technology sector. Products including ambient air purifiers and net-zero emission systems are designed and manufactured for automobiles, gensets, and industrial applications. Repair services for the equipment are also provided. Operations focus on improving air quality through these solutions, with activities centered in India.
Who are the top competitors of PI Green Innovations?
PI Green Innovations's top competitors include Verlume, XNRGY and SecureAire.
Who are PI Green Innovations's investors?
PI Green Innovations has 4 investors. Key investors include Opus Technologies, JCSS Global, Rashma Krishnamurthy, and Harshal Chandrakant Morde.
What is PI Green Innovations's valuation?
The valuation of PI Green Innovations is $18.44M as of Aug 2021.