Amrut Energy Raises INR 100 Crores in Funding from Private Equity Investors
Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions from Ahmedabad, has successfully raised INR 100 crores in funding from private equity investors. This strategic investment will propel the company's rapid growth, expand its manufacturing capabilities, drive research and development, and scale operations across underserved regions.
With this funding, Amrut Energy is poised to further revolutionise the agricultural sector, drive economic growth, and create a positive impact on the environment. The investment will expand manufacturing capabilities, drive R&D, and scale operations across underserved regions, furthering India’s renewable energy transition.
Founded in 2016 by Arvind Patel, Amrut Energy has emerged as a leader in India's clean energy sector, transforming the agricultural landscape with its innovative solar-powered water pumps. By providing farmers with access to free and reliable electricity for irrigation, the company has reduced operational costs and promoted sustainable farming practices.
Arvind Patel's remarkable journey, from a farmer family in Gujarat to building a high-tech engineering and manufacturing company, is a testament to his vision and determination. His story serves as an inspiration to entrepreneurs and startups across India.
About Amrut Energy Pvt Ltd
Amrut Energy Pvt Ltd is a leading manufacturer of solar water pumps and renewable energy solutions headquartered in Ahmedabad, Gujarat. Founded in 2016, the company has grown to an INR 150 crore enterprise, making a significant impact in India's clean energy sector.
Amrut Energy has established itself as a leading manufacturer in the solar energy sector, offering a diverse range of products tailored to various energy needs:
- Solar Panels: Specialising in both monocrystalline and polycrystalline solar photovoltaic modules, ranging from 40W to 450W, ensuring high efficiency and reliability.
- Solar Water Pumps: Providing solar-powered submersible, monoblock, and openwell pump systems from 1hp to 50hp, designed for agricultural and community water supply applications.
- Solar Street Lights: Manufacturing standalone, two-in-one, and all-in-one solar street lights with capacities between 9W and 150W, aimed at enhancing rural and urban infrastructure.
- Solar Water Towers: Offering solar-powered water pumping and storage systems to address drinking water challenges in remote locations without piped water supply and electricity.
Rishita Jain
Must have tools for startups - Recommended by StartupTalky
- Convert Visitors into Leads- SeizeLead
- Website Builder SquareSpace
- Manage your business Smoothly Google Business Suite
