GreenFortune Secures $4.5Mn in Pre Series A Round from Foundamental, Titan Capital Winners Fund, Incubate Fund Asia and Others

Muskaan Kapoor

26 Mar 2025 — 3 min read

GreenFortune Secures $4.5Mn in Pre Series A Round

GreenFortune, a windows and doors brand, announced today the successful close of its $4.5 million funding round led by Foundamental with participation from Titan Capital Winners Fund and existing investors Incubate Fund Asia & Others.

The capital, approx. INR 39 crore will be used to fuel national level expansion, 6x volumes and build PartnerGate — the company’s proprietary tech platform — into a full-stack solution to improve customer service. The company looks to treble the in-house R&D/Design and Technical services capabilities to develop new products across various material types and become a complete solution provider for fenestration products.

GreenFortune, founded in May 2022 by Dilip Kumar & Pratyusha Kosaraju and based in Hyderabad, is on a mission to revolutionize India’s fenestrations industry by making premium-quality products affordable and accessible. While working as a partner at BCG, advising building material companies across India and Europe, Dilip identified a significant gap—middle-income customers struggled to find high-quality, budget-friendly solutions made for Indian weather conditions. Determined to bridge this gap, the duo left their high-paying jobs to launch GreenFortune. Today, the brand is available across 100+ locations in India, and its materials are used to deliver 2+ million square feet of windows and doors.

From the outset, GreenFortune invested in in-house R&D to design products specifically suited for India’s diverse climate. The company started small, but with a consultative, customer-first approach, GreenFortune quickly built trust across retail, commercial, and institutional sectors.

India's real estate and construction industry is heading toward $1 trillion by 2030, with facade and joineries contributing $15 billion nationally ($500 billion globally). Despite increasing adoption of sustainable materials and prefabricated solutions, the sector struggles with quality control, poor service orientation, lack of transparency, and high costs. GreenFortune addresses these challenges through innovative, customer-focused solutions tailored to industry pain points.

Dilip Kumar, Co-Founder and CEO of GreenFortune, expressed, “GreenFortune’s latest round of funding reflects the unwavering trust our investors place in our vision to empower the middle-income section of the nation with quality solutions tailored to their needs in a pocket-friendly manner. With this round of funding, the company aims to scale operations, strengthen its network of fabricators, and achieve INR 250 Cr ARR within the next two years.”

Rajeev Ranka, India Partner, Incubate Fund Asia said, “ We are thrilled to continue our partnership with GreenFortune as repeat investors. From the early days of B2B business, we are now seeing it evolve into a B2C business with strong demand from consumers on the back of good quality, experience and affordability. We are excited to support them in creating a unique category in home engineering materials with a blend of superior customer experience.”

Shubhankar Bhattacharya, Co-Founder & General Partner of Foundamental, said, “GreenFortune has been executing brilliantly on the pivotal aspects of a new-age building materials brand: Upscaling existing manufacturing supply, improving service quality and customer access, and delivering strong margins. We are proud to lead GreenFortune's Pre Series-A and are excited to partner with Dilip and Pratyusha on their journey to build India's premier fenestrations brand.”

Shiv Kapoor, Vice President at Titan Capital Winners Fund, said, “As an early investor in Green Fortune, we have seen this team be laser-focused on building up the supply chain in the right way to ensure great quality at very reasonable prices for the customers. Having made good progress here, we feel they are ready to go to the next level of growth, build a much-loved brand in this space. Dilip and Pratyusha are the right founders to address this problem as India’s consumption grows.”

The startup's last fundraise was $1.0 million in July 2023, led by Incubate Fund Asia.

About GreenFortune

GreenFortune is one of the fastest-growing uPVC window and door brands in India. Our unique tech-driven approach with a highly capable design and technical Services team makes us a preferred partner to fabricators and a preferred brand to customers. Our products are manufactured with over 25+ years of global experience from India, Germany and Japan. We have built a strong reputation for offering high-quality uPVC products at affordable rates.