# Avaada Ventures: Energy, Mumbai, India

> Avaada Ventures: Avaada Ventures offers an energy platform for manufacturing solar cells, modules, and electrolysers. Based in Mumbai, India. Founded 2009.

Source: https://millionrounds.com/startup/avaada-ventures (Millionrounds; every figure on the page links to its filing or article)

India · [Energy startup](https://millionrounds.com/companies)

# Avaada Ventures

Avaada Ventures offers an energy platform for manufacturing solar cells, modules, and electrolysers.

Funding reported Last round: Debt financing

Energy Mumbai, India

Company summary

- **Founded:** 2009 17 years old
- **Team:** 501 201 to 1,000 people
- **Funding reported:** 2.6B as listed, currency not stated
- **Last round:** Debt financing May 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Avaada Ventures has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Avaada Ventures raised

Funding, as reported

Reported in all **2.6B** in the source's currency

Rounds **9**

Last round **Debt financing**

Last round date **May 2024**

Investors listed **10**

## Energy in India

Startups like it

- [**ACME Cleantech Solutions Private Ltd** Gurugram · founded 2003](https://millionrounds.com/startup/acme-cleantech-solutions-private-ltd)
- [**Nayara Energy** Mumbai · founded 1989](https://millionrounds.com/startup/nayara-energy)
- [**Virescent Renewable Energy Trust** founded 2020](https://millionrounds.com/startup/virescent-renewable-energy-trust)
- [**THDC India** founded 1988](https://millionrounds.com/startup/thdc-india)
- [**ONGC Tripura Power Company** founded 2008](https://millionrounds.com/startup/ongc-tripura-power-company)
- [**Smart Joules** founded 2014](https://millionrounds.com/startup/smart-joules)
- [**O2 Power** founded 2019](https://millionrounds.com/startup/o2-power)
- [**AmpIn Energy Transition (Formerly Amp Energy India)** New Delhi · founded 2016](https://millionrounds.com/startup/ampin-energy-transition-formerly-amp-energy-india)

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