About SMV Green Solutions
SMV Green Solutions is a company based in Varanasi (India) founded in 2015 by Naveen Krishna.. SMV Green Solutions has raised $960.05 thousand across 6 funding rounds from investors including Schneider Electric, Yunus Social Business and elea Foundation. The company has 32 employees as of April 08, 2024. SMV Green Solutions operates in a competitive market with competitors including BikeWo, eWheelers, EV India, AutoEVMart and Electric One, among others.
- Headquarter Varanasi, India
- Employees 32 as on 08 Apr, 2024
- Founders Naveen Krishna
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Smv Green Solutions Private Limited
- Date of Incorporation 27 May, 2015
- Jurisdiction Varanasi, Uttar Pradesh, India
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Annual Revenue
$1.47 M (USD)-12.53as on Mar 31, 2023
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Net Profit
$-133.62 K (USD)-12908.34as on Mar 31, 2023
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EBITDA
$-123.54 K (USD)-415.44as on Mar 31, 2023
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Total Equity Funding
$960.05 K (USD)
in 6 rounds
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Latest Funding Round
$349.35 K (USD), Seed
Feb 05, 2024
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Investors
Schneider Electric
& 6 more
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Employee Count
32
as on Apr 08, 2024
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Funding Insights of SMV Green Solutions
SMV Green Solutions has successfully raised a total of $960.05K across 6 strategic funding rounds. The most recent funding activity was a Seed round of $349.35 thousand completed in February 2024. 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 6
- Last Round Seed — $349,346
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First Round
First Round
(18 Feb 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - SMV Green Solutions | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - SMV Green Solutions | Valuation |
investors |
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| Aug, 2019 | Amount | Debt – Conventional - SMV Green Solutions | Valuation |
investors |
| 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 SMV Green Solutions
SMV Green Solutions has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Schneider Electric, Yunus Social Business and elea Foundation. 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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PE firm investing in Africa
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Founded Year | Domain | Location | |
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Venture capital is invested in early-stage offline and energy firms.
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Founded Year | Domain | Location | |
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Startup acceleration programs and seed financing are provided in India.
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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 SMV Green Solutions
| 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 - SMV Green Solutions
| 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 |
Smv Green Solutions Comparisons
Competitors of SMV Green Solutions
SMV Green Solutions 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 BikeWo, eWheelers, EV India, AutoEVMart and Electric One, 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 |
Provider of multibrand EV two-wheeler infrastructure for EV charging points & battery swapping
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in various electric vehicles.
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| domain | founded_year | HQ Location |
Electric two-wheelers are listed and compared via an online platform.
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| domain | founded_year | HQ Location |
A multi-brand retail store offering curated electric vehicles for a sustainable future.
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| domain | founded_year | HQ Location |
Provides comprehensive dealership services for electric scooters.
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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 Smv Green Solutions
Frequently Asked Questions about SMV Green Solutions
When was SMV Green Solutions founded?
SMV Green Solutions was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is SMV Green Solutions located?
SMV Green Solutions is headquartered in Varanasi, India. It is registered at Varanasi, Uttar Pradesh, India.
Who is the current CEO of SMV Green Solutions?
Naveen Krishna is the current CEO of SMV Green Solutions. They have also founded this company.
Is SMV Green Solutions a funded company?
SMV Green Solutions is a funded company, having raised a total of $960.05K across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $243.65K, raised on Feb 18, 2016.
How many employees does SMV Green Solutions have?
As of Apr 08, 2024, the latest employee count at SMV Green Solutions is 32.
What is the annual revenue of SMV Green Solutions?
Annual revenue of SMV Green Solutions is $1.47M as on Mar 31, 2023.
What does SMV Green Solutions do?
SMV Green Solutions was established in 2015 in Varanasi, India, within the electric vehicle sector. A range of products such as electric rickshaws is handled, alongside services including battery swaps, insurance coverage, vocational training programs, and financial assistance. Operations focus on distribution and support for sustainable mobility solutions in the region.
Who are the top competitors of SMV Green Solutions?
Who are SMV Green Solutions's investors?
SMV Green Solutions has 7 investors. Key investors include Schneider Electric, Yunus Social Business, elea Foundation, Kibo Capital Partners, and Lesing.
What is SMV Green Solutions's valuation?
The valuation of SMV Green Solutions is $5.52M as of Feb 2024.