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Greenifit - About the company

Greenifit is a seed company based in Mumbai (India), founded in 2019. It operates as a Platform offering financial solutions. Greenifit has raised $426K in funding, with a current valuation of $*****. The company has 12 active competitors, including 8 that are funded. Its top competitors include companies like Solfin, Ecofy and Aerem.

Company Details

Platform offering financial solutions. It is a platform that connects clean technologies with financial solutions, enabling users to invest in green assets such as solar projects and electric vehicles. It offers a mobile application designed for sustainable investing, allowing users to monitor investments in real-time and stay updated on sustainable finance trends.
Social
XFacebook
Email ID
*****@greenifit.com
Phone Number
+91 **********
Registered Address
Office No. 1107, 11th Floor, IT Tecno Park, Link Road, Nr. Pahadi, Eksar Metro Station, Borivali West, Borivali West, Mumbai, Borivali West, Maharashtra, India, 400092
Key Metrics
Founded Year
2019
Location
Mumbai, India
Stage
Seed
Total Funding
$426K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 28, 2022
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
16 as on Jun 30, 2025
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Greenifit's funding and investors

Greenifit has raised a total funding of $426K over 2 rounds. Its first funding round was on Feb 28, 2022. Greenifit has 7 angel investors.

Here is the list of recent funding rounds of Greenifit:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2025
7038
Seed
2112
7512
9084
8289
Feb 28, 2022
1969125
Angel
7927184
6021247
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Greenifit's founders and board of directors

Founder? Claim Profile

Greenifit's Board of Directors

Greenifit's board has 3 active members. Vikash Kumar Sharda and Hitesh Hiran are part of team and Mahaveer Kumar Kanwar Lal Ranka is independent board member.
Here is the list of Greenifit's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 4m
Team
-
Current
7y 7m
yaacvxt
Independent board member
-
Past
1y 3m
agraylg
Independent board member
-
Past
7y 5m

Greenifit's employee count trend

Greenifit has 16 employees as of Jun 25. The total employee count is 14.0% more than what it was in Jun 24. Here is Greenifit's employee count trend over the years:
Employee count trend for Greenifit
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Greenifit's Competitors and alternates

Top competitors of Greenifit include Solfin, Ecofy and Aerem. Here is the list of Top 10 competitors of Greenifit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Solfin
Solfin
2022, Gurugram (India), Series C
Provider of SME loans for solar projects
$54.6M
72/100
2nd
Logo for Ecofy
Ecofy
2022, Mumbai (India), Series B
Financial solutions for the electric vehicle, solar, and SME sectors
$65.5M
69/100
3rd
Logo for Aerem
Aerem
2018, Mumbai (India), Series A
Solar fintech platform providing rooftop solar financing
$36.2M
65/100
4th
Logo for Two Point O Capital
Two Point O Capital
2024, Mumbai (India), Seed
Provider of clean energy and water treatment infrastructure financing and turnkey execution solutions
$16.3M
60/100
5th
Logo for NetZero Finance
NetZero Finance
2023, Mumbai (India), Unfunded
Platform offering loan solutions
-
-
51/100
6th
Logo for SKS Cleantech
SKS Cleantech
2020, Mumbai (India), Seed
Provider of solar panels
$62.4K
-
42/100
7th
Logo for Greenifit
Greenifit
2019, Mumbai (India), Seed
Platform offering financial solutions
$426K
-
36/100
8th
Logo for TapFin
TapFin
2023, Mumbai (India), Seed
Provider of financial and technology solutions for the green energy sector
$4M
35/100
9th
Logo for C2Z Finance
C2Z Finance
2024, Indore (India), Unfunded
Provider of financial solutions for green initiatives
-
-
31/100
10th
Logo for Amplify Energy Innovations
Amplify Energy Innovations
2019, Hyderabad (India), Deadpooled
Solar energy marketplace that connects customers, financers, and solar manufacturers
-
-
30/100
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Financials of GreenifitFY 25 Available

SPOCTECH GREEN VENTURES PRIVATE LIMITED, the legal entity associated with Greenifit, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of SPOCTECH GREEN VENTURES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 45% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
8462
2698
9737
3857
1220
Total Sales
2640
2965
7023
6806
9800
Total Expenses
7662
4952
3908
9012
7579
Operating Expenses
7240
8333
3662
1954
1854
Employee Expenses
6921
9296
9650
1768
9818
Operating Income (EBIT)
2692
1243
2046
1338
8666
Interest Expenses
5490
4399
8214
8839
7467
Expenses from other activities
7829
8880
4518
7051
2397
EBITDA
6880
1825
3652
9892
6938
Taxes
1178
9306
9481
2822
4768
Net Profit
9400
3237
3641
9407
8276
Balance Sheet
Assets
8412
5430
8624
3325
7220
Accounts Receivables
3153
8072
9389
6691
7674
Inventory
9354
8725
7440
5102
2527
Liabilities
9857
4935
9208
4909
5648
Total Debt
2511
2433
9821
3889
4307
Accounts Payable
2714
8514
6512
6496
4774
Equities
7442
3790
6193
8527
6780

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Gain deeper financial insights
of this entity
$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
  • Profitability Ratios, Liquidity Ratios, Growth Ratios
  • Audited Financial Statement (AOC-4), Shareholding Pattern

Greenifit's Latest cap tables and shareholding

Founders (largest shareholder) own 67.50% and Angels own 32.49%. The net worth of Greenifit's founders is INR 8.11Cr as of Jun 28, 2022. The cap table displayed below is for SPOCTECH GREEN VENTURES PRIVATE LIMITED which is the legal entity associated with Greenifit.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
67.50%
8.11Cr
4053002
1948425
2284027
7584843
Angel
32.49%
3.9Cr
4039362
2387524
4628869
3697949
2382710
5526997
8824368
9557099
3004441
5013169
8731862
5990696
4027314
6627863
3799432
1357307
Total
99.99%
12Cr
5482995
2545428
2115500
8074404
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Greenifit's Investments and acquisitions

Greenifit has made no investments or acquisitions yet.

Reports related to Greenifit

Here is the latest report on Greenifit's sector:

News related to Greenifit

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