About SriPower
SriPower is an Energy & Utilities company based in Hyderabad (India) founded in 2007. Solar installations and OM services are provided in India. SriPower has raised $10.89 million across 1 funding round from investors including M Pallonji. SriPower was last valued at $66.36 million in April 2009. Its Indian entity Sri Power Generation (India) Private Limited reported revenue of ₹7.78 Cr. Its focus areas include Energy, Solar Energy, Project Development Services and Operations and Maintenance. Its competitors include Gensol and Inspire Clean Energy.
Company details
SriPower was founded in 2007 and operates within the solar energy sector. Installation services for solar systems are handled, along with ongoing maintenance and operations (OM). The company is based in Hyderabad, India, where activities focus on supporting solar infrastructure development and upkeep for various clients in the region. Operations emphasize reliable service delivery in the renewable energy field.
- Headquarters Hyderabad, India
- Stage Minicorn
- SectorsEnergy & Utilities
- Website sripower.in
- Social LinkedIn
- Legal Name Sri Power Generation (India) Private Limited
- Date of Incorporation 28 Aug, 2007
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹7.78 Cr
FY 2022
- Net Loss-₹14.23 Cr
FY 2022 · -183% margin
- EBITDA-₹11.32 Cr
FY 2022 · -145% margin
- Total Equity Funding$10.89M (USD)
in 1 rounds
- Latest Funding Round$10.89M (USD), Series A
Apr 2009
- Investors
Associated legal entities of SriPower
SriPower operates through Sri Power Generation (India) Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sri Power Generation (India) Private Limited CIN U40109TG2007PTC164830 | Amalgamated | 28 Aug 2007 | Hyderabad, Telangana | ₹7.8 Cr | 4 | View details |
Funding Insights of SriPower
SriPower has successfully raised a total of $10.89M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.89 million completed in April 2009. 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 $10.89M
- Total Rounds 1
- Last Round Series A — $10.89M
- First Round $10.89M
(Apr 2009)
- Investors Count 1
All 1 funding rounds of SriPower 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 |
|---|---|---|---|---|---|
| Apr 2009 | $10.89M | Series A | $66.36M | M Pallonji | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2009 | $66.36M | •••••••• |
Last known valuation $66.36M (Apr 2009). 1 investors in total: 1 institutional.
Investors in SriPower
SriPower has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include M Pallonji.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operations of M Pallonji Group of Companies in corporate services. | 1950 | mpallonjigroup.com | Mumbai, India |
Investor details for SriPower
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Sri Power Generation (India) Private Limited (SriPower)
Sri Power Generation (India) Private Limited is the primary company behind SriPower. The board of Sri Power Generation (India) Private Limited currently have 4 directors; the longest-serving is Pushpavathi Dendukuri, appointed in 2009. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pushpavathi Dendukuri DIN 01760616 | Director | 26 Mar 2009 | 17 yrs 7 mo | Sri Power Generation (India) Private Limited |
| Kamalamma Chintalapati DIN 01741304 | Director | 26 Mar 2009 | 17 yrs 7 mo | Sri Power Generation (India) Private Limited |
| Dendukuri Anilkumar DIN 01828197 | Director | 14 Jul 2011 | 15 yrs 3 mo | Sri Power Generation (India) Private Limited |
| Akila Chandrashekar Raju DIN 07590312 | Director | 19 Jan 2018 | 8 yrs 9 mo | Sri Power Generation (India) Private Limited |
Financials of SriPower
Figures of Sri Power Generation (India) Private Limited, the primary company behind SriPower, for FY 2022. Revenue was ₹7.78 Cr. Net loss was -₹14.23 Cr (-183% margin). EBITDA was -₹11.32 Cr (-145% margin).
- ₹7.78 CrRevenue · FY 2022
- -₹14.23 CrNet loss · -183% margin
- -₹11.32 CrEBITDA · -145% margin
- ₹4.80 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Sri Power Generation (India) Private Limited are on its company page.
Detailed financial statements for SriPower
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SriPower
3 dated milestones of SriPower across 2 years, from founding to its latest funding, stage changes and deals.
- Founded SriPower is founded.
- Funding First funding round of $10.9M.
- Milestone Reaches Minicorn status.
Competitors of SriPower
SriPower has 2 listed competitors in our database. They include Gensol and Inspire Clean Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gensol.in | 2007 | Ahmedabad, India | 300 | Provider of solar advisory and execution services | ||
| inspire-ce.com | 2015 | Mumbai, India | 132 | Provides solar PV asset management and operations & maintenance services. |
Detailed competitors of SriPower
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as SriPower (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about SriPower
SriPower was founded in 2007 and raised its 1st funding round 2 years after it was founded.
SriPower is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
SriPower is a funded company, having raised a total of $10.89M across 1 funding round to date. The company's 1st funding round was a Series A of $10.89M, raised on Apr 2009.
The primary company behind SriPower, Sri Power Generation (India) Private Limited, reported revenue of ₹7.78 Cr for FY 2022.
SriPower was founded in 2007 and operates within the solar energy sector. Installation services for solar systems are handled, along with ongoing maintenance and operations (OM). The company is based in Hyderabad, India, where activities focus on supporting solar infrastructure development and upkeep for various clients in the region. Operations emphasize reliable service delivery in the renewable energy field.
SriPower's top competitors include Gensol and Inspire Clean Energy.
SriPower has 1 investor. Key investors include M Pallonji.
The valuation of SriPower is $66.36M as of Apr 2009.
SriPower operates through Sri Power Generation (India) Private Limited.
The legal entities of SriPower currently have 4 directors, including Pushpavathi Dendukuri, Kamalamma Chintalapati, Akila Chandrashekar Raju and others.