When was Ayana founded?

Ayana was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Ayana located?

Ayana is headquartered in Bengaluru, India. It is registered at Link Legal India Law Services, First Floor, Thapar House, 124, Janpath, New Delhi , New Delhi Unclassified DL 110001.

How many employees does Ayana have?

As of May 31, 2025, the latest employee count at Ayana is 158.

Is Ayana a funded company?

Ayana is a funded company, having raised a total of $720M across 3 funding rounds to date. The company's 1st funding round was a $***** Series D round, raised on Mar 01, 2019.

How much is Ayana worth?

The last known valuation of Ayana was $***** as of Feb 12, 2025.

When was the latest funding round of Ayana?

Ayana's latest funding was a $***** Series E round on Feb 06, 2024, with participation from 1 investor.

What is the annual revenue of Ayana?

Annual revenue of Ayana is more than ₹1,000 Cr as on Mar 31, 2025

Where does Ayana rank among its competitors?

Ayana ranks 9th amongst 123 active competitors, of which 13 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was SunSure, which secured $628K in Aug, 2026.

Who are the top competitors of Ayana?

Ayana's top competitors include Acciona Energy, Greenko Group and SunSure. Among them, SunSure secured the most recent funding round in August, 2026.

Ayana - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Ayana an acquired company?

Ayana got acquired by ONGC and Ngel on Feb 12, 2025.

Ayana is an acquired company based in Bengaluru (India), founded in 2017. It operates as a Developer of solar energy projects. Ayana has raised $720M in funding from investors like Hindalco, British International Investment and NIIF, with last known valuation of $*****. The company has 123 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 focuses on utility-scale solutions for solar, wind, hybrid, and Round-the-Clock clean energy. And also it manages close to 5GWac of renewable energy projects.

Website: ayanapower.com
Social
Email ID: *****@ayanapower.com
Phone Number: +91 **********
Registered Address: Link Legal India Law Services, First Floor, Thapar House, 124, Janpath, New Delhi , New Delhi Unclassified DL 110001

Key Metrics

Founded Year

2017

Location

Bengaluru, India

Stage

Acquired

Total Funding

$720M in 3 rounds

Latest Funding Round

Series E, Feb 06, 2024, $*****

Last Known Valuation

$***** as on Feb 12, 2025

Investors

Hindalco & 3 more

Ranked

9^th among 123 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

158 as on May 31, 2025

Similar Companies

ReNew & 754 more

Exit Details

Acquired by ONGC (Feb 12, 2025)

View Ayana's full profile

Ayana is associated with 9 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
AYANA RENEWABLE POWER PRIVATE LIMITED CIN: U40106KA2017PTC101000 , India, Active	Mar 01, 2017	₹1,000+ Cr (As on Mar 31, 2025)	147 (As on May 31, 2025)
AYANA ANANTHAPURAMU SOLAR PRIVATE LIMITED CIN: U40106KA2018PTC114274 , India, Amalgamated	Jun 26, 2018	₹100 - ₹500 Cr (As on Mar 31, 2024)	4 (As on May 31, 2025)
AYANA RENEWABLE POWER THREE PRIVATE LIMITED CIN: U40106KA2019PTC128705 , India, Active	Oct 14, 2019	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
AYANA RENEWABLE POWER ONE PRIVATE LIMITED CIN: U40106KA2019PTC121088 , India, Active	Feb 05, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	2 (As on May 31, 2025)
Anantapur Solar Parks Private Limited CIN: U40106KA2015PTC144519 , India, Active	Jul 26, 2015	₹10 - ₹50 Cr (As on Mar 31, 2025)	2 (As on May 31, 2025)
PROJECT TWELVE RENEWABLE POWER PRIVATE LIMITED CIN: U40100KA2021PTC151704 , India, Active	Sep 12, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
TIRUNVELI SOLAR PROJECT PRIVATE LIMITED CIN: U40100RJ2017PTC058225 , India, Active	Jun 05, 2017	₹50 - ₹100 Cr (As on Mar 31, 2025)	2 (As on May 31, 2025)
TUNGABHADRA SOLAR PARKS PRIVATE LIMITED CIN: U74999KA2016PTC145240 , India, Active	Apr 30, 2016	₹10 - ₹50 Cr (As on Mar 31, 2025)	1 (As on May 31, 2025)
AYANA RENEWABLE POWER SIX PRIVATE LIMITED CIN: U40107KA2020PTC132605 , India, Active	Feb 12, 2020	₹100 - ₹500 Cr (As on Mar 31, 2025)	149 (As on Aug 31, 2025)

Ayana got acquired by ONGC and Ngel on Feb 12, 2025 at an acquisition amount of $*****.

Click here to take a look at Ayana's acquisition in detail

Ayana has raised a total funding of $720M over 3 rounds. Its first funding round was on Mar 01, 2019. Its latest funding round was a Series E round on Feb 06, 2024 for $*****. 1 investor participated in its latest round. Ayana has 4 institutional investors.

Here is the list of recent funding rounds of Ayana:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 06, 2024	3235144	Series E	7352290	8643739	1429114	1996724
Dec 17, 2020	3797976	Series E	7030474	3662581	9139523	EverSource Capital & 1 more
Mar 01, 2019	6745935	Series D	9293975	3851938	EverSource Capital & 1 more	7827684

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View details of Ayana's funding rounds and investors

Ayana's Board of Directors

Ayana's board has 2 active members. Rohit Anand is part of team and Subhash Sheoratan Mundra is independent board member.

Here is the list of Ayana's board of directors:

Name	Type	Representing	Status	Duration
wntusgr	Investor	-	Past	2y 5m
lb{ijdv	Independent board member	-	Past	4y 2m

Ayana's employee count trend

Ayana has 158 employees as of May 25. The total employee count is 1.0% more than what it was in May 24. Here is Ayana's employee count trend over the years:

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Top competitors of Ayana include Acciona Energy, Greenko Group and SunSure. Here is the list of Top 10 competitors of Ayana, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Acciona Energy 1997, Madrid (Spain), Public	Provider of renewable energy solutions	$567M	KKR, Triodos Investment Management & 3 others	73/100
2nd	Greenko Group 2006, Hyderabad (India), Series F	Provider of energy transition and decarbonization solutions	$943M	ADIA, GIC & 16 others	72/100
3rd	SunSure 2015, Gurugram (India), Acquired	Provider of renewable energy solutions	$628K	L & T Finance Holdings, Shriram Pistons & Rings ... & 6 others	69/100
4th	OMC Power 2011, Gurugram (India), Series C	Micro-Grid power generation	$82.6M	Iiieros, Chubu Electric Power & 20 others	66/100
5th	SAEL 1989, Delhi (India), Late Stage	Manufacturer of solar modules and operator of renewable energy projects	$61.4M	Norfund, Sindh Renewable Power	66/100
6th	Juniper Green Energy 2010, Delhi (India), Public	Developer of utility scale renewable energy projects for power generation	$350M	IREDA, HSBC & 4 others	65/100
7th	Adani Green Energy 2015, Ahmedabad (India), Public	Producer of renewable energy sources	-	IHC, TotalEnergies	64/100
8th	ACME Group 2003, Gurugram (India), Series D	Developer of solar energy projects	$212M	Eren Groupe, Piramal Group & 40 others	64/100
9th	Ayana 2017, Bengaluru (India), Acquired	Developer of solar energy projects	$720M	NIIF, British International Investment & 2 others	63/100
10th	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	Dhyey Insurance Marketing, Devansh Trademart ... & 67 others	63/100