About Prozeal Green
Prozeal Green is a company based in Ahmedabad (India) founded in 2011 by Manan Thakkar and Shobit Rai.. Prozeal Green has raised $7.34 million across 2 funding rounds from investors including Zaveri & Co, Dipti Jayprakash Bajaj and Jaiprakash Laxmichand Bajaj. The company has 179 employees as of January 02, 2025. Prozeal Green offers products and services including Solar EPC, Wind & Solar Hybrid, Battery Energy Storage Systems, Green Hydrogen, and EV Infrastructure. Prozeal Green operates in a competitive market with competitors including Lightsource BP, Fourth Partner Energy, Freyr Energy, Sterling And Wilson and NewTrace, among others.
- Headquarter Ahmedabad, India
- Employees 179 as on 02 Jan, 2025
- Founders Manan Thakkar, Shobit Rai
- 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 Prozeal Green Energy Limited
- Jurisdiction Ahmadabad City, Gujarat, India
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Annual Revenue
$16.05 M (USD)112.42as on Mar 31, 2021
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Net Profit
$605.59 K (USD)61.58as on Mar 31, 2021
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EBITDA
$857.18 K (USD)31.06as on Mar 31, 2021
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Total Equity Funding
$7.34 M (USD)
in 2 rounds
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Latest Funding Round
$3.34 M (USD), Series A
Nov 07, 2023
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Investors
Zaveri & Co
& 35 more
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Employee Count
179
as on Jan 02, 2025
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Products & Services of Prozeal Green
Prozeal Green offers a comprehensive portfolio of products and services, including Solar EPC, Wind & Solar Hybrid, Battery Energy Storage Systems, Green Hydrogen, and EV Infrastructure. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Engineering, procurement, and construction for solar energy projects
Systems combining wind and solar power for hybrid solutions
Storage solutions for renewable energy integration
Production of hydrogen using renewable energy sources
Development of EV charging stations and related projects
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Funding Insights of Prozeal Green
Prozeal Green has successfully raised a total of $7.34M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.34 million completed in November 2023. 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 — $3.3M
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First Round
First Round
(27 Mar 2023)
- Investors Count 36
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - Prozeal Green | Valuation | Zaveri & Co | |
| Mar, 2023 | Amount | Series A - Prozeal Green | Valuation | Alchemie Ventures |
| 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 Prozeal Green
Prozeal Green has secured backing from 36 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Zaveri & Co, Dipti Jayprakash Bajaj and Jaiprakash Laxmichand Bajaj. 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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Founded Year | Domain | Location | |
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Venture capital fund focused on early-stage startups
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Founded Year | Domain | Location | |
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Jewelry products are designed and sold by Zaveri & Co.
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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 Prozeal Green
| 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 - Prozeal Green
| 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 |
Prozeal Green Comparisons
Competitors of Prozeal Green
Prozeal Green 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 Lightsource BP, Fourth Partner Energy, Freyr Energy, Sterling And Wilson and NewTrace, 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 energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
On-grid and off-grid solar solutions and products are provided.
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| domain | founded_year | HQ Location |
Solar energy projects are developed for residential and commercial applications.
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| domain | founded_year | HQ Location |
EPC and MEP services are provided across diverse sectors.
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| domain | founded_year | HQ Location |
Electrolyzers are developed for green hydrogen generation and sector decarbonization.
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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 Prozeal Green
Frequently Asked Questions about Prozeal Green
When was Prozeal Green founded?
Prozeal Green was founded in 2011 and raised its 1st funding round 12 years after it was founded.
Where is Prozeal Green located?
Prozeal Green is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Prozeal Green?
Manan Thakkar is the current CEO of Prozeal Green. They have also founded this company.
Is Prozeal Green a funded company?
Prozeal Green is a funded company, having raised a total of $7.34M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Mar 27, 2023.
How many employees does Prozeal Green have?
As of Jan 02, 2025, the latest employee count at Prozeal Green is 179.
What is the annual revenue of Prozeal Green?
Annual revenue of Prozeal Green is $16.05M as on Mar 31, 2021.
What does Prozeal Green do?
The company was founded in 2011 in Ahmedabad, India, and operates in the renewable energy sector. Solar EPC, independent power producer services, and battery energy storage systems are offered, along with wind and solar hybrid projects, green hydrogen initiatives, and EV charging infrastructure. Solar EV charging stations are developed and executed. Tree plantation efforts are undertaken, and education is supported through school supplies.
Who are the top competitors of Prozeal Green?
Prozeal Green's top competitors include Lightsource BP, Fourth Partner Energy and Freyr Energy.
What products or services does Prozeal Green offer?
Prozeal Green offers Solar EPC, Wind & Solar Hybrid, Battery Energy Storage Systems, Green Hydrogen, and EV Infrastructure.
Who are Prozeal Green's investors?
Prozeal Green has 36 investors. Key investors include Zaveri & Co, Dipti Jayprakash Bajaj, Jaiprakash Laxmichand Bajaj, Alchemie Ventures, and Jaya Chandrakant Gogri.
What is Prozeal Green's valuation?
The valuation of Prozeal Green is $111.52M as of Nov 2023.