When was Avaada Electro founded?

Avaada Electro was founded in 2011.

Where is Avaada Electro located?

Avaada Electro is headquartered in Mumbai, India. It is registered at C-11, SECTOR-65, GAUTAM BUDDHA NAGAR, Gautam Buddha Nagar, NOIDA, Uttar Pradesh, India, 201301.

Which legal entities is Avaada Electro associated with?

Avaada Electro is associated with Avaada Electro Limited.

How many employees does Avaada Electro have?

As of Aug 31, 2025, Avaada Electro has 747 employees, reflecting a 227% year-over-year growth in headcount.

What is the annual revenue of Avaada Electro?

Annual revenue of Avaada Electro is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Avaada Electro rank among its competitors?

Avaada Electro ranks 12th amongst 418 active competitors, of which 82 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Tandem PV, which secured $7.7M in Aug, 2026.

Who are the top competitors of Avaada Electro?

Avaada Electro's top competitors include First Solar, Jinko Solar and Uplight. Among them, Tandem PV secured the most recent funding round in August, 2026.

Avaada Electro - 2026 Company Profile, Team, Competitors & Financials

Avaada Electro is an unfunded company based in Mumbai (India), founded in 2011 by Vineet Mittal and Vineet Mittal. It operates as a Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications. Avaada Electro has not raised any funding yet. The company has 418 active competitors, including 82 funded and 61 that have exited. Its top competitors include companies like First Solar, Jinko Solar and Uplight.

Company Details

Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications. They offer a range of products designed for maximum efficiency and reliability, including TOPCon and bifacial technologies. The company supports partners in delivering clean energy solutions across various sectors. Their manufacturing process emphasizes quality control and next-generation solar technology.

Website: avaadaelectro.com
Social
Email ID: *****@avaada.com
Phone Number: +91 **********
Part Of
Registered Address: C-11, SECTOR-65, GAUTAM BUDDHA NAGAR, Gautam Buddha Nagar, NOIDA, Uttar Pradesh, India, 201301

Key Metrics

Founded Year

2011

Location

Mumbai, India

Stage

Unfunded

Ranked

12^th among 418 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

747 as on Aug 31, 2025

Similar Companies

Uplight & 230 more

View Avaada Electro's full profile

Avaada Electro is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Avaada Electro Limited CIN: U31905UP2021PLC145680 , India, Active	Apr 27, 2021	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	1788 (As on May 01, 2026)

Avaada Electro has not raised any funding rounds yet.

The founders of Avaada Electro are Vineet Mittal and Vineet Mittal.

Here are the details of Avaada Electro's key team members:

Vineet Mittal: Founder of Avaada Electro and founder of 4 other companies, including Avaada Foundation, Avaada Solar and Avaada Group. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Vineet Mittal: Founder of Avaada Electro.
Contact Info: 1 email address

Avaada Electro's Board of Directors

Avaada Electro's board has 3 active members. Sindoor Vineet Mittal is part of team and Prashant Choubey and Vinoo George are independent board members.

Here is the list of Avaada Electro's board of directors:

Name	Type	Representing	Status	Duration
Sindoor Vineet Mittal	Team	-	Current	1y 1m
Prashant Choubey	Independent board member	-	Current	2y 3m
sqmuniu	Independent board member	-	Current	6y 2m

View details of Avaada Electro's Founder profiles and Board Members

Avaada Electro's employee count trend

Avaada Electro has 747 employees as of Aug 25. The total employee count is 226.0% more than what it was in Aug 24. Here is Avaada Electro's employee count trend over the years:

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Top competitors of Avaada Electro include First Solar, Jinko Solar and Uplight. Here is the list of Top 10 competitors of Avaada Electro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	First Solar 1999, Tempe (United States), Public	Provider of cadmium telluride-based flexible solar modules	-	Triodos Investment Management, GSA Capital Partners ... & 1 others	72/100
2nd	Jinko Solar 2006, Shanghai (China), Acquired	Manufacturer of solar modules	$35M	China Israel Value Capital, Pitango & 5 others	69/100
3rd	Uplight 2019, Boulder (United States), Acquired	AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings	$30M	Schneider Electric, AES & 3 others	67/100
4th	Tantalus 1989, Raleigh (United States), Public	Communication technology provider for smart grids	$58.7M	Sanders Morris Harris Group, ARC Financial ... & 10 others	67/100
5th	Swift Solar 2017, Golden (United States), Series A	Provider of flexible perovskite solar cells	$42.4M	Eni Next, Good Growth Capital & 20 others	67/100
6th	PowerSecure 1991, Wake Forest (United States), Acquired	Energy efficiency and smart grid management solutions	-	Glen Capital, Citi & 1 others	65/100
7th	Tandem PV 2017, San Francisco (United States), Series A	Developer of a perovskite-based solar cell	$64.4M	Planetary Technologies, Incite & 13 others	65/100
8th	mPower Technologies 2008, Albuquerque (United States), Series B	Manufacturer of solar modules for space applications and related solutions	$56.4M	Razor's Edge Ventures, Cottonwood Technology Fund ... & 5 others	63/100
9th	CyanConnode Cambridge (United Kingdom), Public	Provider of narrowband radio frequency mesh networks for IoT communications	$5.43M	ET Capital, Herald Investment Management & 4 others	63/100
10th	Oxford Photovoltaics 2010, Oxford (United Kingdom), Series D	Manufacturer of tandem solar cells combining perovskite and silicon layers	$239M	Legal & General Capital, MTI Partners & 14 others	63/100
12th	Avaada Electro 2011, Mumbai (India), Unfunded	Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications	-	-	60/100