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Amplus Solar - About the company

Amplus Solar is an acquired company based in Gurugram (India), founded in 2008 by Guru Inder Mohan Singh. It operates as a Provider of renewable energy solutions. Amplus Solar has raised $157M in funding from BrightBridge and PETRONAS, with last known valuation of $*****. The company has 1043 active competitors, including 14 funded and 11 that have exited. Its top competitors include companies like Oorjan, U-Solar Clean Energy and SunSource Energy.

Company Details

Provider of renewable energy solutions. The company delivers solutions required to put clean energy into action. It offers a comprehensive portfolio of solutions to help customers in their decarbonisation journey. The company focuses on being a renewable energy developer, a hydrogen producer and industry partner, and a green mobility solutions partner.
Email ID
*****@amplussolar.com
Phone Number
+91 **********
Part Of
Registered Address
A-57, DDA SHEDS OKHLA INDUSTRIAL PHASE-II NEW DELHI SOUT, H DELHI, South Delhi, NEW DELHI, Delhi, India, 110020
Key Metrics
Founded Year
2008
Location
Gurugram, India
Stage
Acquired
Total Funding
$157M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Apr 15, 2019
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2020
Employee Count
371 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by PETRONAS (Apr 15, 2019)

Amplus Solar's acquisition details

Amplus Solar got acquired by PETRONAS on Apr 15, 2019 at an acquisition amount of $*****.
Click here to take a look at Amplus Solar's acquisition in detail
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Amplus Solar's funding and investors

Amplus Solar has raised a total funding of $157M over 4 rounds. Its first funding round was on Jun 29, 2015. Its latest funding round was a Series A round on Jan 24, 2024 for $*****. 1 investor participated in its latest round. Amplus Solar has 7 institutional investors.

Here is the list of recent funding rounds of Amplus Solar:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 24, 2024
9027239
Series A
2592216
8361913
4535423
7477570
Sep 20, 2016
7225242
Series A
8696963
8825696
6346902
9864513
Aug 28, 2015
2702608
Series A
7190123
7650791
6977098
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Amplus Solar's founders and board of directors

Founder? Claim Profile
The founders of Amplus Solar is Guru Inder Mohan Singh.
Here are the details of Amplus Solar's key team members:

Amplus Solar's Board of Directors

Amplus Solar's board has 2 active members. Sharad Pungalia is part of team and Afifah Binti Abu Bakar is independent board member.
Here is the list of Amplus Solar's board of directors:
Name
Type
Representing
Status
Duration
xrwbwam
Team
-
Current
7y 3m
Independent board member
-
Current
1y 2m

Amplus Solar's employee count trend

Amplus Solar has 371 employees as of Jun 26. Here is Amplus Solar's employee count trend over the years:
Employee count trend for Amplus Solar
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Amplus Solar's Competitors and alternates

Top competitors of Amplus Solar include Oorjan, U-Solar Clean Energy and SunSource Energy. Here is the list of Top 10 competitors of Amplus Solar, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Oorjan
Oorjan
2014, Mumbai (India), Seed
Provider of solar project financing and development services
$655K
66/100
2nd
Logo for Amplus Solar
Amplus Solar
2008, Gurugram (India), Acquired
Provider of renewable energy solutions
$157M
61/100
3rd
Logo for U-Solar Clean Energy
U-Solar Clean Energy
2010, Bengaluru (India), Series A
Provider of solar power solutions for industrial, commercial, and residential sector
$507K
54/100
4th
Logo for SunSource Energy
SunSource Energy
2010, Noida (India), Acquired
Provider of solar-based energy and storage solutions to commercial, industrial, and institutional clients
$7.54M
50/100
5th
Logo for Becquer Energy
Becquer Energy
2016, Mumbai (India), Unfunded
Manufacturer of solar products and EPC services
-
-
50/100
6th
Logo for Truzon Solar
Truzon Solar
2008, Hyderabad (India), Seed
Manufacturer of solar power systems
$3.22M
49/100
7th
Logo for Stockwell Solar Services
Stockwell Solar Services
2017, Jaipur (India), Unfunded
Provider of end-to-end solar solutions, including financing and maintenance
-
-
48/100
8th
Logo for ADM
ADM
2017, Delhi (India), Unfunded
Manufacturer of solar panel and installation services
-
-
47/100
9th
Logo for Applied Energy
Applied Energy
2008, Gurugram (India), Deadpooled
AI-driven platform offering energy monitoring solutions
$82.8M
46/100
10th
Logo for JIIPL
JIIPL
2011, Hyderabad (India), Unfunded
Provider of end-to-end services related to solar power plants
-
-
45/100
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Amplus Solar's Investments and acquisitions

Amplus Solar has made no investments or acquisitions yet.

Reports related to Amplus Solar

Here is the latest report on Amplus Solar's geography:

News related to Amplus Solar

lockFilter this list
Media has covered Amplus Solar for 1 event in last 1 year.
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