When was Prozeal Green founded?

Prozeal Green was founded in 2013 and raised its 1st funding round 10 years after it was founded.

Where is Prozeal Green located?

Prozeal Green is headquartered in Ahmedabad, India. It is registered at Block-C, West Wing, 1209-1212, Stratum, Venus Ground, Nr Jhansi Ki Rani Statue, Nehrunagar, Manekbag, Ahmedabad, Ahmadabad City, Gujarat, India, 380015.

Who is the current CEO of Prozeal Green?

Shobit Baijnath Rai of Prozeal Green. They have also founded 1 company.

How many employees does Prozeal Green have?

As of Mar 31, 2025, the latest employee count at Prozeal Green is 336.

Is Prozeal Green a funded company?

Prozeal Green is a funded company, having raised a total of $7.34M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 27, 2023.

How much is Prozeal Green worth?

The latest valuation of Prozeal Green is $***** as of Nov 07, 2023.

When was the latest funding round of Prozeal Green?

Prozeal Green's latest funding was a $***** Series A round on Nov 07, 2023, with participation from 3 investors.

What is the annual revenue of Prozeal Green?

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

Where does Prozeal Green rank among its competitors?

Prozeal Green ranks 1st amongst 41 active competitors, of which 4 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Hero Future Energies, which secured $215M in Oct, 2025.

Who are the top competitors of Prozeal Green?

Prozeal Green's top competitors include Hero Future Energies, KPI Green Energy and Hinduja Renewables. Among them, Hero Future Energies secured the most recent funding round in October, 2025.

Prozeal Green - 2026 Company Profile, Team, Funding, Competitors & Financials

Prozeal Green is a series A company based in Ahmedabad (India), founded in 2013 by Shobit Baijnath Rai. It operates as a Provider of solar EPC, IPP services, and battery energy storage systems. Prozeal Green has raised $7.34M in funding from Zaveri & Co and Alchemie Ventures, with a current valuation of $*****. The company has 41 active competitors, including 4 funded and 5 that have exited. Its top competitors include companies like Hero Future Energies, KPI Green Energy and Hinduja Renewables.

Company Details

Provider of solar EPC, IPP services, and battery energy storage systems. The company focuses on renewable energy solutions, including solar EPC, wind and solar hybrid projects, solar IPP, battery energy storage systems, green hydrogen, and EV infrastructure. It develops EV charging infrastructure and executes solar EV charging station projects. The company is involved in tree plantation initiatives and supports education through school supplies.

Website: www.prozealgreen.com/
Social
Email ID: *****@prozealgreen.com
Phone Number: +91 **********
Registered Address: Block-C, West Wing, 1209-1212, Stratum, Venus Ground, Nr Jhansi Ki Rani Statue, Nehrunagar, Manekbag, Ahmedabad, Ahmadabad City, Gujarat, India, 380015

Key Metrics

Founded Year

2013

Location

Ahmedabad, India

Stage

Series A

Total Funding

$7.34M in 2 rounds

Latest Funding Round

Series A, Nov 07, 2023, $*****

Post Money Valuation

$***** as on Nov 07, 2023

Investors

Zaveri & Co & 39 more

Ranked

1^st among 41 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

336 as on Mar 31, 2025

Similar Companies

NextEra Energy & 373 more

View Prozeal Green's full profile

Prozeal Green is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
POLLAX SOLAR SOLUTIONS PRIVATE LIMITED CIN: U40109TN2022PTC153769 , India, Active	Jul 11, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
PROZEAL GREEN ENERGY LIMITED CIN: U45206GJ2013PLC075904 , India, Active	Jul 04, 2013	₹1,000+ Cr (As on Mar 31, 2025)	380 (As on Mar 01, 2026)
PROZEAL REALTY PRIVATE LIMITED CIN: U45209GJ2022PTC135949 , India, Active	Oct 06, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	-
PROZEAL INFRA ENERGY PRIVATE LIMITED CIN: U45309GJ2022PTC134971 , India, Active	Aug 25, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	-
Prozeal Infra Renewable Llp CIN: AAZ-5016 , India, Active	Nov 16, 2021	₹100 - ₹500 Cr (As on Mar 31, 2025)	36 (As on Apr 30, 2025)

Prozeal Green has raised a total funding of $7.34M over 2 rounds. Its first funding round was on Mar 27, 2023. Its latest funding round was a Series A round on Nov 07, 2023 for $*****. 3 investors participated in its latest round. Prozeal Green has 4 institutional investors and 36 angel investors.

Here is the list of recent funding rounds of Prozeal Green:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 07, 2023	8316659	Series A	1769390	5779838	4843031	8309151
Mar 27, 2023	7408659	Series A	5023696	5764407	Alchemie Ventures	Jaya Chandrakant Gogri & 27 more

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View details of Prozeal Green's funding rounds and investors

The founders of Prozeal Green is Shobit Baijnath Rai. Shobit Baijnath Rai is the CEO of Prozeal Green.

Here are the details of Prozeal Green's key team members:

Shobit Baijnath Rai: Co-Founder, Co-CEO & Managing Director of Prozeal Green. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Prozeal Green's Board of Directors

Prozeal Green's board has 6 active members. Shobit Baijnath Rai, Manan Hitendrakumar Thakkar and Chandrakant Vallabhji Gogri are part of team and Bhadresh Vinaychandra Mehta, Aneesh Sudhanshu Gupte and Rashmi Tushar Bhatt are independent board members.

Here is the list of Prozeal Green's board of directors:

Name	Type	Representing	Status	Duration
Shobit Baijnath Rai	Team	-	Current	13y 1m
Manan Hitendrakumar Thakkar	Team	-	Current	13y 1m
imforut	Investor	-	Past	3y 8m
Bhadresh Vinaychandra Mehta	Independent board member	-	Current	1y 5m
intyztk	Independent board member	-	Current	2y 7m
qxksblp	Independent board member	-	Current	6y 4m

View details of Prozeal Green's Founder profiles and Board Members

Prozeal Green's employee count trend

Prozeal Green has 336 employees as of Mar 25. The total employee count is 69.0% more than what it was in Mar 24. Here is Prozeal Green's employee count trend over the years:

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Top competitors of Prozeal Green include Hero Future Energies, KPI Green Energy and Hinduja Renewables. Here is the list of Top 10 competitors of Prozeal Green, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Prozeal Green 2013, Ahmedabad (India), Series A	Provider of solar EPC, IPP services, and battery energy storage systems	$7.34M	Aarem Ventures, Spectrum Impact & 38 others	62/100
2nd	Hero Future Energies 2012, London (United Kingdom), Series D	Company focused on solar, wind, energy storage, and green hydrogen solutions	$725M	Masdar, IFC Asset Management Company & 8 others	61/100
3rd	KPI Green Energy 2008, Surat (India), Public	Developer of renewable power plants	-	Yes Bank, Rajasthan Global Securities & 17 others	59/100
4th	Hinduja Renewables 2012, Mumbai (India), Unfunded	Provider of clean energy services and developer of renewable projects	-	-	56/100
5th	Hindustan Powerprojects 2008, Delhi (India), Late Stage	Conventional and clean energy generating company	$439M	Blackstone, BCP Singapore Fvci & 10 others	56/100
6th	Hindustan Power 2008, Delhi (India), Unfunded	Producer of renewable and transitional electricity generation assets	-	-	50/100
7th	Rising Sun Energy 2014, Delhi (India), Acquired	Independent power producer of renewable energy assets	$7.3M	Yinson, Rising Sunseap & 5 others	43/100
8th	NuPower Renewables 2008, Mumbai (India), Late Stage	Provider of independent power generation services	$82.7M	Accion Capital Management, Punjab National Bank ... & 4 others	39/100
9th	Ghodawat Energy 1993, Kolhapur (India), Unfunded	Renewable energy power based IPP	-	-	35/100
10th	Max Power Services 2009, Chennai (India), Unfunded	Provider of power generation solutions, offering a range of diesel generators, services, and maintenance for commercial and industrial applications	-	-	33/100