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Azure Power
company
About
Azure Power produces and distributes solar power to commercial, government, and utility customers in India.
- 501 - 1000
Details
- Last Funding Type
- Post-IPO Debt
- Last Funding Money Raised
- $10.50M
- Industries
- Energy,Renewable Energy,Solar
- Founded date
- Jan 1, 2008
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
AzurePower offers clean and affordable solar energy to its customers without having them to pay for the high asset or operation costs upfront. AzurePower delivers most optimal solar energy by assuming all responsibilities and complexities for owning, building, and operating the power-generation, while the customers enjoy all the economic and marketing benefits of renewable power.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$34.10M
Azure Power has raised a total of
$34.10M
in funding over 2 rounds. Their latest funding was raised on
Jun 16, 2017 from a Post-IPO Debt round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 16, 2017 | Post-IPO Debt | $10.50M | 1 |
|
— | Detail |
| Nov 22, 2011 | Series C | $13.60M | 1 | — | — | Detail |
| Mar 22, 2010 | Series B | $10M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Azure Power is funded by 2 investors.
SBI-World Bank
and IFC Venture Capital Group
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
Yes | Post-IPO Debt |
IFC Venture Capital Group
|
— | Series C |
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