When was GreenJoules founded?

GreenJoules was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is GreenJoules located?

GreenJoules is headquartered in Pune, India. It is registered at Office Space No 308, 3rd Floor, Sushant Tower Sushant Lok-2, Sector 56, Gurgaon, Gurgaon, Haryana, India, 122011.

Which legal entities is GreenJoules associated with?

GreenJoules is associated with GREENJOULES PRIVATE LIMITED.

How many employees does GreenJoules have?

As of Aug 31, 2025, the latest employee count at GreenJoules is 88.

Is GreenJoules a funded company?

GreenJoules is a funded company, having raised a total of $25M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 12, 2019.

How much is GreenJoules worth?

The latest valuation of GreenJoules is $***** as of Jun 18, 2026.

When was the latest funding round of GreenJoules?

GreenJoules' latest funding was a $***** Series B round on Aug 21, 2026, with participation from 2 investors.

What is the annual revenue of GreenJoules?

Annual revenue of GreenJoules is less than ₹10 Cr as on Mar 31, 2025

Where does GreenJoules rank among its competitors?

GreenJoules ranks 28th amongst 217 active competitors, of which 61 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was GPS Renewables, which secured $66.3M in Jun, 2026.

Who are the top competitors of GreenJoules?

GreenJoules' top competitors include LanzaTech, GPS Renewables and Gruner Renewable. Among them, GreenJoules secured the most recent funding round in August, 2026.

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

GreenJoules is a series B company based in Pune (India), founded in 2018 by Sethunath Ramaswamy and Radhika Viraraghavan. It operates as a Producer of biofuels from waste. GreenJoules has raised $25M in funding from investors like Blue Ashva Capital, Elara Capital and Scitech Park, with a current valuation of $*****. The company has 217 active competitors, including 61 funded and 12 that have exited. Its top competitors include companies like LanzaTech, GPS Renewables and Gruner Renewable.

Company Details

Producer of biofuels from waste. It produces biofuels from agricultural waste from the agro-waste processing industries. It converts agricultural residues and various renewable carbon wastes into fuels meeting fossil fuel standards.

Website: greenjoules.in
Social
Email ID: *****@greenjoules.in
Registered Address: Office Space No 308, 3rd Floor, Sushant Tower Sushant Lok-2, Sector 56, Gurgaon, Gurgaon, Haryana, India, 122011

Key Metrics

Founded Year

2018

Location

Pune, India

Stage

Series B

Total Funding

$25M in 9 rounds

Latest Funding Round

Series B, Aug 21, 2026, $*****

Post Money Valuation

$***** as on Jun 18, 2026

Investors

Blue Ashva Capital & 39 more

Ranked

28^th among 217 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

88 as on Aug 31, 2025

Similar Companies

GPS Renewables & 65 more

View GreenJoules' full profile

GreenJoules is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GREENJOULES PRIVATE LIMITED CIN: U23209HR2018PTC073834 , India, Active	Apr 26, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	88 (As on Aug 31, 2025)

GreenJoules has raised a total funding of $25M over 9 rounds. Its first funding round was on Oct 12, 2019. Its latest funding round was a Series B round on Aug 21, 2026 for $*****. 2 investors participated in its latest round. GreenJoules has 13 institutional investors and 27 angel investors.

Here is the list of recent funding rounds of GreenJoules:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 21, 2026	5253439	Series B	2495736	4890019	7585220	8803647
Mar 28, 2026	3419853	Series A	2267182	1232631	3556941	Unico Global Opportunities Fund & 3 more
Jun 27, 2025	4497057	Series A	1979656	9722845	Bharat Mehta	Almondz Financial Services & 3 more

Access funding benchmarks and valuations. Sign up today!

View details of GreenJoules's funding rounds and investors

The founders of GreenJoules are Sethunath Ramaswamy and Radhika Viraraghavan.

Here are the details of GreenJoules' key team members:

Sethunath Ramaswamy: Co-Founder & Chief Business Officer of GreenJoules. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Radhika Viraraghavan: Co-Founder & COO of GreenJoules. They serve on the board of 1 company.
Contact Info: 1 email address

GreenJoules' Board of Directors

GreenJoules's board has 3 active members. Sethunath Ramaswamy, Radhika Viraraghavan and Viraraghavan Sankaran are part of team.

Here is the list of GreenJoules' board of directors:

Name	Type	Representing	Status	Duration
Sethunath Ramaswamy	Team	-	Current	6y 10m
Radhika Viraraghavan	Team	-	Current	8y 3m
Viraraghavan Sankaran	Team	-	Current	7y 2m
gbkyyn{	Team	-	Past	9y 8m
kyisuvs	Independent board member	-	Past	9y 5m

View details of GreenJoules's Founder profiles and Board Members

GreenJoules' employee count trend

GreenJoules has 88 employees as of Aug 25. The total employee count is 22.0% more than what it was in Aug 24. Here is GreenJoules's employee count trend over the years:

Uncover GreenJoules' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of GreenJoules include LanzaTech, GPS Renewables and Gruner Renewable. Here is the list of Top 10 competitors of GreenJoules, ranked by Tracxn score:

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	Malaysian Life Sciences Capital Fund, BASF ... & 28 others	70/100
2nd	GPS Renewables 2012, Bengaluru (India), Series C	Provider of biogas engineering and clean fuels technology solutions	$91.7M	PixelSky Capital, Triodos Investment Management ... & 20 others	69/100
3rd	Gruner Renewable 2023, Noida (India), Series C	A renewable energy company focused on Bio-CNG infrastructure	$60M	-	62/100
4th	XFuel 2010, Dublin (Ireland), Series A	Manufacturer of low carbon drop in fuels from waste materials	$28.6M	Union Square Ventures, AENU & 12 others	61/100
5th	Metafuels 2019, Langnau Am Albis (Switzerland), Series B	Developer of technology for sustainable aviation fuel production from green methanol	$41M	Fortescue Ventures, Contrarian Ventures & 8 others	61/100
6th	INENTEC 1995, Richland (United States), Series D	Technology developer for conversion of wastes to energy	$230M	American Securities, Lakeside Energy & 2 others	60/100
7th	Enerkem 2000, Montreal (Canada), Series H	Provider of technology converting waste into low-carbon fuels and circular chemicals	$859M	Suncor, BlackRock & 31 others	59/100
8th	Sistema 2009, Mexico (Mexico), Series B	Provider of biodigester technology that transforms animal waste into bioenergy	$60.4M	Engie, DILA Capital & 30 others	59/100
9th	Infinium 2020, Sacramento (United States), Series C	Developer of technology transforming waste emissions into sustainable products	$69M	Brookfield Asset Management, SK Innovation ... & 17 others	58/100
10th	Synhelion 2016, Zurich (Switzerland), Series C	Developer of renewable fuels designed to replace fossil fuels	$41.2M	CEMEX Ventures, CEMEX & 8 others	56/100
28th	GreenJoules 2018, Pune (India), Series B	Producer of biofuels from waste	$25M	Amazon, Singularity AMC & 38 others	45/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on GreenJoules's competitors? Click here to see the top ones

Founders own 20.11%, Funds (largest shareholder) own 56.80%, Enterprises own 3.36% and Angels own 9.05%. The net worth of GreenJoules's founders is INR 74.9Cr as of Jun 18, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	20.11%	74.9Cr	7182797	4696160	2619519	2470209
Radhika Viraraghavan	3865914	2810299	8061164	6664110	1548532	1518953
Sethunath Ramaswamy	387867	637432	699589	573946	751386	393088
Fund	56.80%	212Cr	5809481	3087345	9829211	9428886
Blue Ashva Capital	6112068	5599580	9665527	6691949	6813008	4929758
Amazon	3794867	8024384	9867275	7165202	7497280	5663026
Singularity AMC	3592	8086	8083	9120	1878	6369
Elara Capital	0	0	0	0	0	0
Unico Global Opportunities Fund	0	0	0	0	0	0
Enterprise	3.36%	12.5Cr	667	926	607	243
Angel	9.05%	33.7Cr	6879719	9293568	1208581	4671193
Bharat Mehta	2	1	2	8	7	6
Other People	7.81%	29.1Cr	5123452	5096229	4537368	5521925
ESOP Pool	2.86%	10.7Cr	15	75	26	68
Total	100.00%	373Cr	3000770	3889626	6968180	1973546