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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 and Sanjeev Aggarwal. It operates as a Provider of renewable energy solutions. Amplus Solar has raised $157M in funding from Brightbridge Advisors and PETRONAS, with last known valuation of $*****. The company has 970 active competitors, including 13 funded and 10 that have exited. Its top competitors include companies like Fourth Partner Energy, Oorjan and U-Solar Clean 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
Ranked
Annual Revenue
₹38.5Cr as on Mar 31, 2020
Employee Count
391 as on Mar 31, 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
5196494
Series A
8236464
4681921
8019266
5972431
Sep 20, 2016
2886659
Series A
5553019
4469901
3075721
7363329
Aug 28, 2015
8090320
Series A
7183248
8561712
9145720
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Amplus Solar's founders and board of directors

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

Amplus Solar's employee count trend

Amplus Solar has 391 employees as of Mar 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 Fourth Partner Energy, Oorjan and U-Solar Clean 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 Fourth Partner Energy
Fourth Partner Energy
2010, Hyderabad (India), Series D
Provider of commercial solar installations and hybrid energy solutions
$564M
67/100
2nd
Logo for Oorjan
Oorjan
2014, Mumbai (India), Seed
Solar project financing and development
$655K
62/100
3rd
Logo for Amplus Solar
Amplus Solar
2008, Gurugram (India), Acquired
Provider of renewable energy solutions
$157M
61/100
4th
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
55/100
5th
Logo for SunSource Energy
SunSource Energy
2010, Noida (India), Acquired
Provider of IPP and solar EPC services
$7.54M
50/100
6th
Logo for Becquer Energy
Becquer Energy
2016, Mumbai (India), Unfunded
Manufacturer of solar products and EPC services
-
-
50/100
7th
Logo for ADM
ADM
2017, Delhi (India), Unfunded
Manufacturer of solar panel and installation services
-
-
47/100
8th
Logo for Stockwell Solar Services
Stockwell Solar Services
2017, Jaipur (India), Unfunded
Provider of end-to-end solar solutions, including financing and maintenance
-
-
47/100
9th
Logo for Progen Renewables
Progen Renewables
2008, Coimbatore (India), Seed
Provider of solar energy services and products
$2.47M
44/100
10th
Logo for Seven Greens
Seven Greens
2010, Mumbai (India), Unfunded
Provider of solar energy solutions and LED lighting systems
-
-
43/100
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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 sector:

News related to Amplus Solar

lockFilter this list
Media has covered Amplus Solar for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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FAQs about Amplus Solar

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