When was GREW founded?

GREW was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is GREW located?

GREW is headquartered in Ahmedabad, India. It is registered at Shanti Corporate House, Near Hira Rupa Hall, Bopal-Ambli Road, Bopal, Ahmedabad, Ahmedabad, Gujarat, India, 380058.

How many employees does GREW have?

As of May 31, 2025, GREW has 1556 employees, reflecting a 4920% year-over-year growth in headcount.

Is GREW a funded company?

GREW is a funded company, having raised a total of $3.46M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 23, 2023.

How much is GREW worth?

The latest valuation of GREW is $***** as of Jul 01, 2023.

When was the latest funding round of GREW?

GREW's latest funding was a $***** Series A round on Apr 07, 2023, with participation from 2 investors. Its primary sector is Solar Energy. In India, the Solar Energy sector has seen $1.61B in funding in 2026 to date.

What is the annual revenue of GREW?

Annual revenue of GREW is more than ₹1,000 Cr as on Mar 31, 2025

Where does GREW rank among its competitors?

GREW ranks 8th amongst 1900 active competitors, of which 106 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Tandem PV, which secured $7.7M in Aug, 2026.

Who are the top competitors of GREW?

GREW's top competitors include First Solar, Vikram Solar and Jinko Solar. Among them, Tandem PV secured the most recent funding round in August, 2026.

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

GREW is a series A company based in Ahmedabad (India), founded in 2022. It operates as a Manufacturer of solar modules and provider of solar energy solutions. GREW has raised $3.46M in funding from investors like Chiripal Group, Vishal Fabrics and Dholispintex, with a current valuation of $*****. The company has 1900 active competitors, including 106 funded and 130 that have exited. Its top competitors include companies like First Solar, Vikram Solar and Jinko Solar.

Company Details

Manufacturer of solar modules and provider of solar energy solutions. The company offers ground-mounted, rooftop, and floating solar power plants. It provides asset management services for solar installations. The company manufactures components used in solar energy generation.

Website: grew.one
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Registered Address: Shanti Corporate House, Near Hira Rupa Hall, Bopal-Ambli Road, Bopal, Ahmedabad, Ahmedabad, Gujarat, India, 380058

Key Metrics

Founded Year

2022

Location

Ahmedabad, India

Stage

Series A

Total Funding

$3.46M in 2 rounds

Latest Funding Round

Series A, Apr 07, 2023, $*****

Post Money Valuation

$***** as on Jul 01, 2023

Investors

Chiripal Group & 4 more

Ranked

8^th among 1900 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

1,556 as on May 31, 2025

Similar Companies

Jinko Solar & 33 more

View GREW's full profile

GREW is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
GREW RENEWABLES PRIVATE LIMITED CIN: U40100GJ2022PTC130620 , India, Active	Mar 31, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	29 (As on Apr 01, 2026)
GREW ENERGY PRIVATE LIMITED CIN: U40108HR2022PTC147384 , India, Active	Feb 25, 2022	₹1,000+ Cr (As on Mar 31, 2025)	114 (As on Mar 01, 2026)

GREW has raised a total funding of $3.46M over 2 rounds. Its first funding round was on Jan 23, 2023. Its latest funding round was a Series A round on Apr 07, 2023 for $*****. 2 investors participated in its latest round. GREW has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of GREW:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 07, 2023	5100994	Series A	8882075	6420388	7651633	2093759
Jan 23, 2023	9102610	Seed	1181906	6114226	Vishal Fabrics & 1 more	3121809

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View details of GREW's funding rounds and investors

GREW's Board of Directors

GREW's board has 1 active member. Vinay Thadani is part of team.

Here is the list of GREW's board of directors:

Name	Type	Representing	Status	Duration
{brkktq	Team	-	Current	9y 9m

GREW's employee count trend

GREW has 1,556 employees as of May 25. The total employee count is 4919.0% more than what it was in May 24. Here is GREW's employee count trend over the years:

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Top competitors of GREW include First Solar, Vikram Solar and Jinko Solar. Here is the list of Top 10 competitors of GREW, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	First Solar 1999, Tempe (United States), Public	Provider of cadmium telluride-based flexible solar modules	-	Triodos Investment Management, GSA Capital Partners ... & 1 others	72/100
2nd	Vikram Solar 2005, Kolkata (India), Public	Manufacturer of solar photovoltaic modules and renewable energy solutions	$86.9M	Monolink Trexim, Viney Equity Market & 67 others	69/100
3rd	Jinko Solar 2006, Shanghai (China), Acquired	Manufacturer of solar modules	$35M	China Israel Value Capital, Pitango & 5 others	68/100
4th	Swift Solar 2017, Golden (United States), Series A	Provider of flexible perovskite solar cells	$42.4M	Eni Next, Good Growth Capital & 20 others	67/100
5th	Suniva 2007, Norcross (United States), Acquired	Manufacturer of solar PV modules	$224M	Warburg Pincus, New Enterprise Associates ... & 10 others	66/100
6th	Premier Energies 1995, Secunderabad (India), Public	Manufacturer and supplier of solar cells and modules with a focus on sustainable energy solutions	$44M	Eclat Health, Intersolar & 7 others	65/100
7th	Tandem PV 2017, San Francisco (United States), Series A	Developer of a perovskite-based solar cell	$64.4M	Planetary Technologies, Incite & 13 others	65/100
8th	GREW 2022, Ahmedabad (India), Series A	Manufacturer of solar modules and provider of solar energy solutions	$3.46M	Chiripal Group, Dholispintex & 3 others	64/100
9th	Saatvik Green Energy 2015, Gurugram (India), Public	Manufacturers of solar PV modules	-	-	64/100
10th	Silfab Solar 2010, Mississauga (Canada), Series D	Manufacturer of solar PV modules	$225M	ARC Financial, Manulife & 4 others	63/100