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ACME Group - About the company

ACME Group is a series D company based in Gurugram (India), founded in 2003 by Manoj Upadhyay and Manoj Kumar Upadhyay. It operates as a Developer of solar energy projects. ACME Group has raised $212M in funding from investors like Piramal Group, Eren Groupe and EDF Renewable, with a current valuation of ₹*****. The company has 119 active competitors, including 13 funded and 28 that have exited. Its top competitors include companies like Acciona Energy, Greenko Group and SunSure.

Company Details

Developer of solar energy projects. It provides executing innovative solutions for a sustainable future.
Social
XFacebook
Email ID
*****@acme.in
Phone Number
+91 **********
Part Of
Registered Address
Plot No. 152, Sector 44, Gurgaon, Gurgaon, Haryana, India, 122002
Key Metrics
Founded Year
2003
Location
Gurugram, India
Stage
Series D
Total Funding
$212M in 5 rounds
Post Money Valuation
₹***** as on Nov 14, 2007
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2026
Employee Count
3,140 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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ACME Group's funding and investors

ACME Group has raised a total funding of $212M over 5 rounds. Its first funding round was on Jun 25, 2007. Its latest funding round was a Conventional Debt round on Jul 05, 2017 for $*****. 1 investor participated in its latest round. ACME Group has 13 institutional investors and 29 angel investors.

Here is the list of recent funding rounds of ACME Group:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 05, 2017
4328026
Conventional Debt
6854735
6813119
2055599
2529768
Nov 25, 2016
3959909
Series D
1428593
8992596
5730975
7299725
Dec 05, 2013
9790726
Series D
7894546
3825294
9564401
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ACME Group's founders and board of directors

Founder? Claim Profile
The founders of ACME Group are Manoj Upadhyay and Manoj Kumar Upadhyay. Nikhil Dhingra is the CEO of ACME Group.
Here are the details of ACME Group's key team members:

ACME Group's Board of Directors

ACME Group's board has 3 active members. Manoj Upadhyay and Ankur Kumar are part of team and Ramamurthy Muthusamy is independent board member.
Here is the list of ACME Group's board of directors:
Name
Type
Representing
Status
Duration
rsp{skz
Team
-
Past
6y 8m
jfdtohc
Team
-
Current
7y 3m
enahapa
Team
-
Past
2y 5m
yz{qrcc
Team
-
Past
6y 8m
uiut{qi
Team
-
Past
7y 2m
bajfejv
Team
-
Past
4y 4m
dblkgvf
Independent board member
-
Past
7y 9m
htsaxqv
Independent board member
-
Past
5y 8m
jtrtzyh
Independent board member
-
Past
4y 6m
umqvobc
Independent board member
-
Past
5y 4m
xckcmyr
Independent board member
-
Past
7y 4m
aqvcpyd
Independent board member
-
Past
4y 8m
zhbznrn
Independent board member
-
Past
7y 7m
bgojhav
Independent board member
-
Past
7y 8m
bjnhlcm
Independent board member
-
Past
4y 2m

ACME Group's employee count trend

ACME Group has 3,140 employees as of Aug 26. Here is ACME Group's employee count trend over the years:
Employee count trend for ACME Group
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ACME Group's Competitors and alternates

Top competitors of ACME Group include Acciona Energy, Greenko Group and SunSure. Here is the list of Top 10 competitors of ACME Group, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Acciona Energy
Acciona Energy
1997, Madrid (Spain), Public
Provider of renewable energy solutions
$567M
73/100
2nd
Logo for Greenko Group
Greenko Group
2006, Hyderabad (India), Series F
Provider of energy transition and decarbonization solutions
$943M
72/100
3rd
Logo for SunSure
SunSure
2015, Gurugram (India), Acquired
Provider of renewable energy solutions
$628K
69/100
4th
Logo for OMC Power
OMC Power
2011, Gurugram (India), Series C
Micro-Grid power generation
$82.6M
66/100
5th
Logo for SAEL
SAEL
1989, Delhi (India), Late Stage
Manufacturer of solar modules and operator of renewable energy projects
$61.4M
65/100
6th
Logo for Juniper Green Energy
Juniper Green Energy
2010, Delhi (India), Public
Developer of utility scale renewable energy projects for power generation
$350M
65/100
7th
Logo for ACME Group
ACME Group
2003, Gurugram (India), Series D
Developer of solar energy projects
$212M
64/100
8th
Logo for Adani Green Energy
Adani Green Energy
2015, Ahmedabad (India), Public
Producer of renewable energy sources
-
64/100
9th
Logo for Ayana
Ayana
2017, Bengaluru (India), Acquired
Developer of solar energy projects
$720M
63/100
10th
Logo for Onix Renewable
Onix Renewable
2007, Rajkot (India), Series B
Provider of renewable energy solutions focused on solar and wind energy projects, including both utility-scale and residential applications
$75M
63/100
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ACME Group's Latest cap tables and shareholding

Founders own 9.38%, Funds own 0.08%, Parent Entities (largest shareholder) own 72.14% and Enterprises own 1.55%. The net worth of ACME Group's founders is INR 1,130Cr as of Nov 14, 2007.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
9.38%
1,130Cr
5855697
3440065
4416751
2676772
Fund
0.08%
10Cr
0
0
0
0
0
0
0
0
0
0
Parent Entity
72.14%
8,670Cr
7570527
2573434
9754568
6697878
Enterprise
1.55%
187Cr
6
6
1
5
Angel
0.20%
24.1Cr
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
14.72%
1,770Cr
1481741
5517085
7227191
8288651
ESOP Pool
1.93%
232Cr
5
5
6
2
Total
100.00%
12,000Cr
4145155
3677142
6469778
8932940
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of ACME Group's Shareholding

ACME Group's Investments and acquisitions

ACME Group has a total of 1 investment in RapiPay. ACME Group has not made any acquisitions as of now.

Reports related to ACME Group

Here is the latest report on ACME Group's sector:

News related to ACME Group

lockFilter this list
Media has covered ACME Group for a total of 31 events in the last 1 year, 10 of them have been about company updates and 3 about partnerships.
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FAQs about ACME Group

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