About Sterlite Power
Sterlite Power is a company based in Mumbai (India) founded in 2010. Sterlite Power has raised $167.58 million across 7 funding rounds from investors including L & T Finance Holdings, IndusInd Bank and Tata Capital. Sterlite Power has completed 3 acquisitions, including MTCIL, Maharashtra Transmission Communication Infrastructure and Neemrana II Kotputli Transmission.
- Headquarter Mumbai, India
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$603.94 M (USD)51as on Mar 31, 2024
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Net Profit
$27.8 M (USD)25as on Mar 31, 2024
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EBITDA
$66.57 M (USD)27as on Mar 31, 2024
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Total Equity Funding
$167.58 M (USD)
in 7 rounds
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Latest Funding Round
$85.44 M (USD), Private Equity Round
Dec 16, 2024
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Investors
L & T Finance Holdings
& 8 more
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Employee Count
Not available
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Investments & Acquisitions
MTCIL
& 2 more
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People of Sterlite Power
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Leadership Team
47 people
Software Development Team
26 people
Human Resources and Administration
24 people
Sales and Marketing
19 people
Project Team
15 people
Manager Team
13 people
Product Management Team
8 people
Head Team
7 people
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Funding Insights of Sterlite Power
Sterlite Power has successfully raised a total of $167.58M across 7 strategic funding rounds. The most recent funding activity was a Private Equity Round of $85.44 million completed in December 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.
Investors in Sterlite Power
Sterlite Power has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include L & T Finance Holdings, IndusInd Bank and Tata Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investment in Indian capital markets and initiatives in asset management and renewable energy.
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Locked | Locked | Locked | |
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Clean energy infrastructure investments are managed by the fund.
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Locked | Locked | Locked | |
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Acquisitions and buyouts are targeted by the private equity firm.
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Locked | Locked | Locked |
Investor details for Sterlite Power
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Investments & Acquisitions by Sterlite Power
Sterlite Power has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include MTCIL, Maharashtra Transmission Communication Infrastructure and Neemrana II Kotputli Transmission.
Investment portfolio details for Sterlite Power
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Power transmission services are delivered through dedicated infrastructure networks.
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Locked | Locked | 2023 | Locked | |
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Transmission and communication infrastructure is developed in Maharashtra.
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Locked | Locked | 2012 | Locked | |
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Telecommunication infrastructure services are provided in Mumbai, India.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Sterlite Power
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Financial Statements - Sterlite Power
Detailed financials for Sterlite Power
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Sterlite Power Comparisons
Peer comparison for Sterlite Power
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Competitors of Sterlite Power
Detailed competitors of Sterlite Power
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Latest news on Sterlite Power
Complete news archive for Sterlite Power
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Frequently Asked Questions about Sterlite Power
Sterlite Power was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Sterlite Power is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sterlite Power is a funded company, having raised a total of $167.58M across 7 funding rounds to date.
Annual revenue of Sterlite Power is $603.94M as on Mar 31, 2024.
Sterlite Power was founded in 2010 in Mumbai, India, within the power transmission sector. Electricity transmission infrastructure is developed, encompassing projects such as the Lakadia-Vadodara transmission line, Odisha generation phase, and Green Energy Corridor. Conductor supply is handled alongside extra-high-voltage (EHV) solutions. Electric utility services are provided to support power delivery across regions.
Sterlite Power has made 3 acquisitions, including MTCIL, Maharashtra Transmission Communication Infrastructure, and Neemrana II Kotputli Transmission.
Sterlite Power has 9 investors. Key investors include L & T Finance Holdings, IndusInd Bank, Tata Capital, Power Finance Corporation India, and Affirma Capital.