Greenovative - About the company
Greenovative is a seed company based in Pune (India), founded in 2017 by Harshal Maheshwari and Vinit Kulkarni. It operates as a Developer of artificial intelligence software for industrial energy management systems. Greenovative has raised an undisclosed amount in funding. The company has 5741 active competitors, including 734 funded and 485 that have exited. Its top competitors include companies like Landis+Gyr, Sense and Enel X.
Company Details
Developer of artificial intelligence software for industrial energy management systems. This technology integrates with existing operational infrastructure to monitor energy consumption and production data across manufacturing facilities. The software identifies inefficiencies in utility usage and provides prescriptive recommendations to optimize resource allocation and reduce operational costs. It standardizes performance metrics across multiple sites to enable consistent benchmarking and governance of energy intensity. The system analyzes variables such as production output, shift patterns, and equipment specifications to suggest adjustments for improved efficiency. By correlating energy data with process performance, the platform assists in managing power sources and renewable energy utilization. The architecture supports integration with standard industrial control systems to facilitate automated data collection and analysis without requiring hardware modifications.
- Website
- greenovative.com
- Email ID
- *****@greenovative.com
- Phone Number
- +91 **********
- Registered Address
- 9th Floor, Office No 905, Nandan Probiz, Laxman Nagar, near R. K. Laxman Museum, Balewadi Baner, Pune, Maharashtra - 411045, Baner Gaon, Pune, Pune City, Maharashtra, India, 411045
Key Metrics
Founded Year
2017
Location
Pune, India
Stage
Seed
Latest Funding Round
Investors
Ranked
612th among 5741 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
36 as on Aug 31, 2025
Similar Companies
Legal entities associated with Greenovative
Greenovative is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GREENOVATIVE ENERGY PRIVATE LIMITED CIN: U74999PN2017PTC170004 , India, Active | Apr 19, 2017 | 0 - ₹10 Cr (As on Mar 31, 2025) | 36 (As on Aug 01, 2025) |
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Greenovative's funding and investors
Greenovative has raised funding over 3 rounds. Greenovative has 2 institutional investors.
Here is the list of recent funding rounds of Greenovative:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 02, 2023 | 3016639 | Seed | 5504605 | 8979823 | 9246321 | 9645112 |
Jul 24, 2018 | 8020289 | Grant (prize money) | 8591589 | 7487923 | 9360402 |
View details of Greenovative's funding rounds and investors
Greenovative's founders and board of directors
Founder? Claim ProfileThe founders of Greenovative are Harshal Maheshwari and Vinit Kulkarni. Vinit Kulkarni is the CEO of Greenovative.
Here are the details of Greenovative's key team members:
- Harshal Maheshwari: Co-Founder of Greenovative. They serve on the board of 1 company.Contact Info: 1 email address
- Vinit Kulkarni: Co-Founder & CEO of Greenovative. They serve on the board of 1 company.Contact Info: 1 email address
Greenovative's Board of Directors
Greenovative's board has 2 active members. Harshal Maheshwari and Vinit Kulkarni are part of team.Here is the list of Greenovative's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 1m | |
Team | - | Current | 9y 1m |
View details of Greenovative's Founder profiles and Board Members
Greenovative's employee count trend
Greenovative has 36 employees as of Aug 25. The total employee count is 3.0% lower than what it was in Aug 24. Here is Greenovative's employee count trend over the years:
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Greenovative's Competitors and alternates
Top competitors of Greenovative include Landis+Gyr, Sense and Enel X. Here is the list of Top 10 competitors of Greenovative, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 77/100 | |
2nd | Sense 2013, Cambridge (United States), Series D | Provider of AI and app-based energy monitoring solutions | $195M | 76/100 | |
3rd | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 74/100 | |
4th | Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 72/100 | |
5th | Span.IO 2014, San Francisco (United States), Series C | Provider of smart panel for home energy management | $419M | 72/100 | |
6th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 70/100 | |
7th | Happy 2011, Carlsbad (United States), Series B | Provider of centralized maintenance, asset, and property management software solutions | $77.9M | 70/100 | |
8th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 70/100 | |
9th | Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 69/100 | |
10th | PowerSecure 1991, Wake Forest (United States), Acquired | Energy efficiency and smart grid management solutions | - | 69/100 | |
612th | Greenovative 2017, Pune (India), Seed | Developer of artificial intelligence software for industrial energy management systems | - | 47/100 |
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Greenovative's Investments and acquisitions
Greenovative has made no investments or acquisitions yet.
Reports related to Greenovative
Here is the latest report on Greenovative's sector:
News related to Greenovative
Media has covered Greenovative for 1 event in last 1 year, It was about company updates.
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Greenovative gets municipal nods for 41.9-MWp of solar in GermanyRenewables Now•May 08, 2026•Greenovative
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Greenovative Achieves ISO 27001 Certification for Top-Tier SecurityGreenovative•Jan 18, 2025•Greenovative
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Greenovative & MIT-WPU Join Forces for Innovation & SustainabilityGreenovative•Jun 03, 2024•Greenovative, MIT World Peace University
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Mr. Narendra Duvedi Joins Greenovative Energy as VP, Customer SuccessGreenovative•Feb 01, 2024•Greenovative
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Greenovative Energy Secures Its First Strategic Investment from a Leading European FundGreenovative•Aug 02, 2023•Greenovative
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Greenovative Showcases Cutting-Edge Energy Solutions at JIMEX 2022Greenovative•May 30, 2022•Greenovative
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