About SafEarth
SafEarth is an Energy & Utilities company based in Ranchi (India) founded in 2017 by Kaustubh Amrit, Anuvrat Saboo, and Harshit Poddar. Solar installers and customers are connected via a specialized marketplace. SafEarth has raised $426.6 thousand across 3 funding rounds from investors including Mumbai Angels, Kaisa and Gruhas. The company has 26 employees. SafEarth was last valued at $72.45 thousand in March 2023. Its Indian entity Safearth Clean Technologies Private Limited reported revenue of ₹6.15 Cr. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and ECommerce. Its competitors include SunSure, SunFund and Ezysolare; 1 of its 3 listed competitors has raised funding.
Company details
Marketplace for connecting solar installers and customers. It provides services such as site assessment, data analytics to identify installers, bid identification, quality assurance checklists, online bidding, and more. It offers CAPEX and OPEX financial solutions and caters to residential, commercial, and industrial customers. It automates and standardizes the solar installation process, covering site visits, budgeting, forecasting, procurement, and documentation to ensure smooth project execution.
- Headquarters Ranchi, India
- Employees 26
- Founders Kaustubh Amrit, Anuvrat Saboo, Harshit Poddar
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website safearth.in
- Social LinkedIn Facebook
- Legal Name Safearth Clean Technologies Private Limited
- Date of Incorporation 10 Aug, 2017
- Jurisdiction Ranchi, Jharkhand, India
- Annual Revenue₹6.15 Cr
FY 2024 · +8% YoY
- Net Loss-₹82.6 Lakh
FY 2024 · -13% margin
- EBITDA-₹76.1 Lakh
FY 2024 · -12% margin
- Total Equity Funding$426.6K (USD)
in 3 rounds
- Latest Funding Round$426.6K (USD), Seed
May 2023
- InvestorsMumbai Angels
& 21 more
- Employee Count26
Associated legal entities of SafEarth
SafEarth operates through Safearth Clean Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Safearth Clean Technologies Private Limited CIN U40300JH2017PTC010343 | Active | 10 Aug 2017 | Ranchi, Jharkhand | ₹6.1 Cr | 26 | 4 | View details |
Funding Insights of SafEarth
SafEarth has successfully raised a total of $426.6K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $426.6 thousand completed in May 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 $426,601
- Total Rounds 3
- Last Round Seed — $426,601
- Investors Count 22
All 3 funding rounds of SafEarth 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 |
|---|---|---|---|---|---|
| May 2023 | $426,601 | Seed | – | Anthill Ventures, Third Derivative | |
| Mar 2023 | Seed | $72,452 | Gruhas, Sabre Ventures | ||
| Dec 2021 | Seed | – | FTxChallange | – |
Last known valuation $72,452 (Mar 2023). 22 investors in total: 9 institutional and 13 angel.
Investors in SafEarth
SafEarth has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mumbai Angels, Kaisa and Gruhas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early and growth stage tech startups. | anthillventures.com | Hyderabad, India | ||
Venture capital and acceleration are provided for climate tech sectors. | third-derivative.org | Boulder, United States | ||
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India | |
Urban residential and commercial properties are developed and operated. | 1999 | kaisagroup.com | Shenzhen, China | |
Manufacturing, exporting, and trading of products in global markets. | 1990 | rajsigroup.com | Mumbai, India | |
Provides management consulting services to enhance business operations. | 2021 | ftxchallenge.com | United Kingdom | |
AG Anil Gupta | unknown_1e409dcf09844f5f8 |
Investor details for SafEarth
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Safearth Clean Technologies Private Limited (SafEarth)
Safearth Clean Technologies Private Limited is the primary company behind SafEarth. The board of Safearth Clean Technologies Private Limited currently have 4 directors; the longest-serving is Shishir Kumar Poddar, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shishir Kumar Poddar DIN 00932610 | Director | 10 Aug 2017 | 9 yrs 3 mo | Safearth Clean Technologies Private Limited |
| Harshit Poddar DIN 07796413 | Director | 10 Aug 2017 | 9 yrs 3 mo | Safearth Clean Technologies Private Limited |
| Hemant Kumar Poddar DIN 00945292 | Director | 10 Aug 2017 | 9 yrs 3 mo | Safearth Clean Technologies Private Limited |
| Anuvrat Saboo DIN 07952566 | Director | 22 Dec 2017 | 8 yrs 10 mo | Safearth Clean Technologies Private Limited |
People of SafEarth
9 people are tracked at SafEarth (7 in leadership, 2 in team); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
Kaustubh Amrit | Co-Founder & CTO | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & Director | Leadership | |
Rohan Patil | Design Head | Leadership |
Nirun V. Joy | VP of Sales & Marketing, South | Leadership |
Alok Dutt | VP of Sales, North | Leadership |
Krishnamurthy Subramanian | Head, Vendor Relations | Leadership |
Pavan Kumar | Regional Sales Manager | Team |
Anand Prakash | Operations Manager | Team |
Complete people profiles for SafEarth
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of SafEarth
Figures of Safearth Clean Technologies Private Limited, the primary company behind SafEarth, for FY 2024. Revenue was ₹6.15 Cr (+8% year on year). Net loss was -₹82.6 Lakh (-13% margin). EBITDA was -₹76.1 Lakh (-12% margin). Revenue has grown at a compounded annual rate of +82% over three years and +103% over five years.
- ₹6.15 CrRevenue · FY 2024 · +8% YoY
- -₹82.6 LakhNet loss · -13% margin
- -₹76.1 LakhEBITDA · -12% margin
- ₹52.4 LakhPaid-up capital
- 26Employees (provident fund records)
- +82%Revenue CAGR, 3 years
- +103%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Safearth Clean Technologies Private Limited are on its company page.
Detailed financial statements for SafEarth
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SafEarth
3 dated milestones of SafEarth across 6 years, from founding to its latest funding, stage changes and deals.
- Founded SafEarth is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $427K.
Competitors of SafEarth
SafEarth has 3 listed competitors in our database, 1 of them funded. They include SunSure, SunFund and Ezysolare.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sunsure-energy.com | 2015 | Delhi, India | 254 | Renewable energy solutions including solar EPC and PPAs are provided. | ||
| sunfund.in | 2016 | Delhi, India | Serves as an aggregator connecting solar consumers, installers, and investors. | |||
| ezysolare.com | 2014 | Ahmedabad, India | $157,588 | 1 | Online B2B solar marketplace and service provider |
Detailed competitors of SafEarth
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Web traffic of SafEarth
The website of SafEarth (safearth.in) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 3.8% vs previous month
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Related news about Safearth
Complete news archive for SafEarth
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Frequently Asked Questions about SafEarth
SafEarth was founded in 2017 and raised its 1st funding round 4 years after it was founded.
SafEarth is headquartered in Ranchi, India. It is registered at Ranchi, Jharkhand, India.
SafEarth is a funded company, having raised a total of $426.6K across 3 funding rounds to date.
SafEarth has 26 employees.
The primary company behind SafEarth, Safearth Clean Technologies Private Limited, reported revenue of ₹6.15 Cr for FY 2024, up 8% year on year.
Marketplace for connecting solar installers and customers. It provides services such as site assessment, data analytics to identify installers, bid identification, quality assurance checklists, online bidding, and more. It offers CAPEX and OPEX financial solutions and caters to residential, commercial, and industrial customers. It automates and standardizes the solar installation process, covering site visits, budgeting, forecasting, procurement, and documentation to ensure smooth project execution.
SafEarth has 22 investors. Key investors include Mumbai Angels, Kaisa, Gruhas, Rajsi Group, and Anthill Ventures.
The valuation of SafEarth is $72.45K as of Mar 2023.
SafEarth operates through Safearth Clean Technologies Private Limited.
The legal entities of SafEarth currently have 4 directors, including Shishir Kumar Poddar, Anuvrat Saboo, Harshit Poddar and others.