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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.
Social
X
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
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
36 as on Aug 31, 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
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Greenovative's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Greenovative
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
2nd
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Provider of AI and app-based energy monitoring solutions
$195M
76/100
3rd
Logo for Enel X
Enel X
2001, Boston (United States), Acquired
Developer of utility-scale renewable energy projects
$168M
74/100
4th
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
72/100
5th
Logo for Span.IO
Span.IO
2014, San Francisco (United States), Series C
Provider of smart panel for home energy management
$419M
72/100
6th
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
70/100
7th
Logo for Happy
Happy
2011, Carlsbad (United States), Series B
Provider of centralized maintenance, asset, and property management software solutions
$77.9M
70/100
8th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
70/100
9th
Logo for Bidgely
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
Logo for PowerSecure
PowerSecure
1991, Wake Forest (United States), Acquired
Energy efficiency and smart grid management solutions
-
69/100
612th
Logo for Greenovative
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

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Media has covered Greenovative for 1 event in last 1 year, It was about company updates.
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