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Suzlon - About the company

Suzlon is a public company based in Pune (India), founded in 1995 by Tulsi Tanti. It operates as a Wind turbine manufacturer. Suzlon has raised $45.8M in funding from ChrysCapital. The company has 48 active competitors, including 9 funded and 16 that have exited. Its top competitors include companies like Nordex, Inoxwind and LM Wind Power.

Company Details

Wind turbine manufacturer. It offers a total installed capacity of &nbsp almost 15000 MW spread across six continents. Suzlon is a market leader in India with a global footprint across Asia, Australia, Europe, Africa, and North and South America. Over the past two decades, they have built and consolidated their presence in 19 countries. In India, the company has more than 100 wind farms with an installed capacity of 9,000 MW. Suzlon is credited with developing a few of Asia's largest operational onshore wind farms in Gujarat Rajasthan, Maharashtra, and Tamil Nadu. The Kutch (Gujarat) and Jaisalmer (Rajasthan) Wind farms of Suzlon to date have a cumulative installation of over 1,100 MW each. Suzlon also offers services apart from having its own SCADA system for power monitoring and management.
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Email ID
*****@suzlon.com
Registered Address
SUZLON 5,SHRIMALI SOCIETY NEAR SHRI KRISHNA COMPLEX NAVRANGPURA, AHMEDABAD, Gujarat, India, 380009
Key Metrics
Founded Year
1995
Location
Pune, India
Stage
Public
Total Funding
$45.8M in 9 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
₹11,000Cr as on Mar 31, 2025
Employee Count
1,586 as on Jan 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Suzlon's IPO details

Suzlon got listed on Oct 19, 2005.
Click here to take a look at Suzlon's IPO in detail
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Suzlon's funding and investors

Suzlon has raised a total funding of $45.8M over 9 rounds. Its first funding round was on Apr 2004. Its latest funding round was a Post IPO round on Nov 30, 2023 for $*****. 1 investor participated in its latest round. Suzlon has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Suzlon:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 30, 2023
9745133
Post IPO
1483151
8123217
7479726
3816823
Sep 05, 2022
1595457
Post IPO
1587380
4909929
6283153
Feb 28, 2020
7910879
Post IPO
5171828
5596889
1760477
2732122
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Suzlon's founders and board of directors

Founder? Claim Profile
The founders of Suzlon is Tulsi Tanti. Jayarama Prasad Chalasani is the CEO of Suzlon.
Here are the details of Suzlon's key team members:

Suzlon's employee count trend

Suzlon has 1,586 employees as of Jan 25. The total employee count is 7.0% more than what it was in Jan 24. Here is Suzlon's employee count trend over the years:
Employee count trend for Suzlon
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Suzlon's Competitors and alternates

Top competitors of Suzlon include Nordex, Inoxwind and LM Wind Power. Here is the list of Top 10 competitors of Suzlon, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Suzlon
Suzlon
1995, Pune (India), Public
Wind turbine manufacturer
$45.8M
74/100
2nd
Logo for Nordex
Nordex
1985, Hamburg (Germany), Public
Manufacturer of wind turbines
-
67/100
3rd
Logo for Inoxwind
Inoxwind
2009, Noida (India), Public
Manufactures wind turbine components
-
62/100
4th
Logo for LM Wind Power
LM Wind Power
1978, Kolding (Denmark), Acquired
Wind Turbine component developer
$1.77M
60/100
5th
Logo for Emergya Wind Technologies
Emergya Wind Technologies
2004, Amsterdam (Netherlands), Series B
Wind Turbine manufacturers
$32.2M
55/100
6th
Logo for Enercon
Enercon
1984, Aurich (Germany), Funding Raised
Manufacturer of wind turbines
-
55/100
7th
Logo for CTC Global
CTC Global
2001, Irvine (United States), Acquired
Developer of ACCC conductors to improve grid efficiency
$25M
48/100
8th
Logo for Bladena
Bladena
2011, Taastrup (Denmark), Seed
Manufacturer and distributor of turbine blades
$2.92M
47/100
9th
Logo for Holmen
Holmen
1609, Stockholm (Sweden), Public
Manufacturer of paper & paper boards
-
46/100
10th
Logo for Mingyang Intelligence
Mingyang Intelligence
2006, Zhongshan (China), Funding Raised
Wind-based energy generation and monitoring systems
-
45/100
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Suzlon's Investments and acquisitions

Suzlon has acquired 2 companies including Renom Energy Services and Repower. Suzlon has not made any investments as of now.

News related to Suzlon

lockFilter this list
Media has covered Suzlon for a total of 35 events in the last 1 year, 20 of them have been about company updates and 4 about people movement.
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FAQs about Suzlon

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