GPS Renewables - About the company
GPS Renewables is a series C company based in Bengaluru (India), founded in 2012 by Mainak Chakraborty, Sreekrishna Sankar and Praveen Sukumaran. It operates as a Provider of biogas engineering and clean fuels technology solutions. GPS Renewables has raised $91.7M in funding from investors like Caspian, Triodos Investment Management and Neev Fund, with a current valuation of ₹*****. The company has 283 active competitors, including 80 funded and 16 that have exited. Its top competitors include companies like LanzaTech, Carbonlites and Raízen.
Company Details
Provider of biogas engineering and clean fuels technology solutions. It offers bespoke technology solutions for bio-process design and optimization, and biofuel engineering for various projects. The company executes end-to-end bioenergy project execution, encompassing design, engineering, project management, and procurement. It also develops industrial-scale decarbonization projects focused on biogas, bioCNG, ethanol, and green hydrogen. Additionally, it provides cost-efficient, high-performing technology products for upgrading existing biofuel systems.
- Website
- gpsrenewables.com
- Social
- Email ID
- *****@gpsrenewables.com
- Phone Number
- +91 **********
- Registered Address
- No.43, Richmond Road, Richmond Town, Bangalore, Bangalore North, Karnataka, India, 560025
Key Metrics
Founded Year
2012
Location
Bengaluru, India
Stage
Series C
Total Funding
$91.7M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on May 29, 2026
Ranked
2nd among 283 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
994 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with GPS Renewables
GPS Renewables is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
proweps envirotec GmbH CIN: HRB792414 , Germany, Active | - | 3 (As on Dec 01, 2023) | ||
GPS RENEWABLES PRIVATE LIMITED CIN: U74900KA2012PTC064932 , India, Active | Jul 20, 2012 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 773 (As on Apr 01, 2026) |
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GPS Renewables's funding and investors
GPS Renewables has raised a total funding of $91.7M over 7 rounds. Its first funding round was on Mar 20, 2014. Its latest funding round was a Series C round on Jun 04, 2026 for $*****. 1 investor participated in its latest round. GPS Renewables has 21 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of GPS Renewables:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 04, 2026 | 1309703 | Series C | 7086690 | 5499349 | 8661859 | 9258560 |
Mar 30, 2026 | 8759414 | Conventional Debt | 9499956 | 6033331 | 9798387 | |
Apr 16, 2024 | 3255339 | Conventional Debt | 7420735 | 4161842 | 5556205 |
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GPS Renewables' founders and board of directors
Founder? Claim ProfileThe founders of GPS Renewables are Mainak Chakraborty, Sreekrishna Sankar and Praveen Sukumaran. Mainak Chakraborty is the CEO of GPS Renewables.
Here are the details of GPS Renewables' key team members:
- Mainak Chakraborty: Co-Founder & CEO of GPS Renewables. They serve on the board of 1 company.Contact Info: 1 email address
- Sreekrishna Sankar: Co-Founder & COO of GPS Renewables and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Praveen Sukumaran: Co-Founder & Head New Product Development of GPS Renewables.
GPS Renewables' Board of Directors
GPS Renewables's board has 9 active members. Akshay Kumar Panth, Mainak Chakraborty, Sreekrishna Sankar, Suken Kirit Shah, Venkata Narasimham Bulusu and Sagar Shyamkant Thakar are part of team and Homai Ardeshir Daruwalla, Pratima Ram and Venkataraman Subrmanian are independent board members.Here is the list of GPS Renewables' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 1m | |
Team | - | Current | 14y 1m | |
Investor | Neev Fund | Current | 4y 4m | |
Investor | - | Current | 4y 4m | |
{q{eosz | Investor | cpbhgxl | Current | 2y 1m |
rlnntxf | Investor | yrdksmi | Current | 1y 5m |
Independent board member | - | Current | 1y 9m | |
alwqjex | Independent board member | - | Current | 3y 9m |
jvmunvr | Independent board member | - | Current | 4y 9m |
zsdbhca | Independent board member | - | Past | 3y 2m |
{cnz{jf | Independent board member | - | Past | 9y 6m |
View details of GPS Renewables's Founder profiles and Board Members
GPS Renewables' employee count trend
GPS Renewables has 994 employees as of Sep 26. Here is GPS Renewables's employee count trend over the years:
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GPS Renewables's Competitors and alternates
Top competitors of GPS Renewables include LanzaTech, Carbonlites and Raízen. Here is the list of Top 10 competitors of GPS Renewables, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LanzaTech 2005, Skokie (United States), Public | Developer of technology converting carbon-rich gases into fuels and chemicals | $869M | 70/100 | |
2nd |  GPS Renewables 2012, Bengaluru (India), Series C | Provider of biogas engineering and clean fuels technology solutions | $91.7M | 70/100 | |
3rd | Carbonlites 2009, Bengaluru (India), Seed | Biogas digester developer and bio-CNG producer | $2.93M | 64/100 | |
4th | Provider of bioenergy from waste products | - | 63/100 | ||
5th |  Gruner Renewable 2023, Noida (India), Series C | A renewable energy company focused on Bio-CNG infrastructure | $60M | - | 62/100 |
6th | Manufacturer of low carbon drop in fuels from waste materials | $28.6M | 61/100 | ||
7th |  Metafuels 2019, Langnau Am Albis (Switzerland), Series B | Developer of technology for sustainable aviation fuel production from green methanol | $41M | 61/100 | |
8th |  INENTEC 1995, Richland (United States), Series D | Technology developer for conversion of wastes to energy | $230M | 60/100 | |
9th | Provider of technology converting waste into low-carbon fuels and circular chemicals | $859M | 59/100 | ||
10th | Provider of biodigester technology that transforms animal waste into bioenergy | $60.4M | 59/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on GPS Renewables's competitors? Click here to see the top ones
GPS Renewables's Investments and acquisitions
GPS Renewables has acquired proweps envirotec. GPS Renewables has not made any investments as of now.Reports related to GPS Renewables
Here is the latest report on GPS Renewables's sector:
News related to GPS Renewables
Filter this listMedia has covered GPS Renewables for a total of 9 events in the last 1 year, 4 of them have been about company updates.
•
GPS Renewables Secures Rs 635 Crore in Series C Funding RoundEntrackr•Jun 08, 2026•PixelSky Capital, GPS Renewables, Spectrum Impact, Sojitz
•
PixelSky Capital Invests Rs 40–45 Cr in GPS Renewables, Marking Entry into Clean Energy SectorEntrackr•Jun 04, 2026•PixelSky Capital, GPS Renewables, IndigoEdge, Sojitz
•
Lummus Ethanol-to-Jet Technology Selected for India's First Commercial SAF ProjectChemengonline•May 01, 2026•GPS Renewables, NTPC, Lummus Technology
•
Climate Fund Managers Commits $32.2 Million to Biogas Project in IndiaMercom India•Mar 13, 2026•GPS Renewables, Climate Fund Managers
•
IOC-GPS Renewables JV Invites Bids for Open Access Solar SupplyMercom India•Feb 12, 2026•GPS Renewables, Indian Oil
•
Parag Parikh joins GPS Renewables as CEO after exiting Adani Total GasFinancial Express•Oct 07, 2025•GPS Renewables
•
IGRPL, An IndianOil-GPS JV, Raises ₹836 Cr in Landmark CBG Financing DealIndianWeb2•Oct 03, 2025•GPS Renewables, Indian Oil, IOC GPS Renewables, Indian Bank
•
GPS Renewables and CSIR-NCL Launch Indigenous Ethanol-to-SAF Technology ‘NG SAF’ - Asia PacificEnergetica-India•Sep 29, 2025•GPS Renewables
•
GPS Renewables to Manufacture High-Efficiency Biogas Agitators in India Under Exclusive BGTS PartnershipIndianWeb2•Sep 08, 2025•Biogastechnik-Sued, GPS Renewables, proweps GmbH
•
GPS Renewables Appoints Ravikumar SV as CEO of Bharat GPS Bioenergy Pvt Ltd, a 50:50 JV between GPS Renewables and Bharat Petroleum
IndianWeb2•Jul 21, 2025•GPS Renewables
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