# GPS Renewables: Semiconductors, Bengaluru, India

> GPS Renewables: GPS Renewables is a full-stack clean fuels company based in Bangalore, India, founded in 2012 by IIM-B graduates Mainak Chakraborty and...

Source: https://millionrounds.com/startup/gps-renewables-2 (Millionrounds; every figure on the page links to its filing or article)

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

# GPS Renewables

GPS Renewables is a full-stack clean fuels company based in Bangalore, India, founded in 2012 by IIM-B graduates Mainak Chakraborty and Sreekrishna Sankar.

Email

Funding reported Last round: Series C

Semiconductors Bengaluru, India

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Company summary

- **Founded:** 2012 14 years old
- **Team:** 940 201 to 1,000 people
- **Funding reported:** 119.4M as listed, currency not stated
- **Last round:** Series C Jun 2026

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 GPS Renewables 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)

## About GPS Renewables

GPS Renewables is a full-stack clean fuels company based in Bangalore, India, founded in 2012 by IIM-B graduates Mainak Chakraborty and Sreekrishna Sankar.

The company focuses on transforming organic waste and agricultural residues into green biofuels, contributing to India's energy transition and net-zero economic development. With a global presence, GPS Renewables has deployed over 100 biofuel plants in countries including China, the USA, and Russia. The company offers a range of services and products throughout the biofuel lifecycle, including technology, engineering, and project execution. Key products include Compressed Biogas (CBG), BioCNG, 2nd Generation Ethanol, Sustainable Aviation Fuel (SAF), and Green Hydrogen. GPS Renewables also utilizes proprietary technologies such as BiourjaTM for bio-waste to energy conversion and Thermionic Anaerobic DigestionTM for efficient CBG production. The company serves various industries focused on renewable energy and collaborates with major corporations and government agencies to implement large-scale bioenergy projects.

## What company datasets say GPS Renewables raised

Funding, as reported

Reported in all **119.4M** in the source's currency

Last round **Series C**

Last round size **66.4M**

Last round date **Jun 2026**

## Founders and team

From GPS Renewables's own website: 1 founder, 23 on the team.

**Praveen S.** Co-Founder & Head, New Product Development

- **Ajit Srivastava** Senior Vice President – Design & Engineering
- **Manjunatha Swamy** Senior Vice President – Design & Engineering
- **Rajagopal S** Executive Vice President – Design & Engineering
- **Swapnil Wankhede** Senior Vice President – Engineering Management
- **Umesh Deshpande** Senior Vice President – Design & Engineering
- **Mainak Chakraborty** Executive Director and CEO
- **Parag Parikh** CEO – GPSR Arya
- **Gomatam Raghavan Ravi** Chief Technology Officer
- **Harikrishnan B** Chief Project Officer
- **Mohit Gupta** COO – GPSR Arya
- **Rukmani Kapoor** Chief of Staff
- **Satender Kumar Sighadia** Chief Human Resources Officer
- **Sreekrishna Sankar** Executive Director and COO
- **Tilak Minocha** Chief Finance Controller
- **Tilak Raj** Chief Finance Controller
- **Akshay Panth** Nominee Director
- **Deepak Agarwal** Managing Director – GPSR Arya
- **Dylan D'Costa** Nominee Director

And 5 more on the team.

Advisers *Dr. Anjan Ray* *Dr. Arvind Lali* *Dr. Dilip Ranade* *Parvez Umrigar* *Santanu Roy*

## On a portfolio page

Investors who name them

- [Caspian](https://millionrounds.com/fund/caspian)

Each firm lists GPS Renewables on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

bioprocess design hardware remote monitoring biofuel project development clean energy & technology biofuel innovation gas upgradation biomethanation strategic partnerships gas purification project management sustainable aviation fuel (saf) sustainable energy distribution manufacturing waste to energy

Built with from their website

Google Tag Manager Otter Blocks WordPress.org Google Cloud Font Awesome Apache YouTube Google Workspace CloudFlare Viewport Meta

+8 more

Site Kit Element UI Google Cloud Hosting AI Google Meet Priority Hints CAPTCHA Google Font API

- **Sector:** Semiconductors
- **Industry code:** NAICS 22121, 325193, 562920, SIC 3631
- **Region:** Karnataka
- **Revenue:** 105M a year, as listed

## Semiconductors in India

Startups like it

- [**Greenjoules** Khed · founded 2018](https://millionrounds.com/startup/greenjoules)
- [**Neuron Energy** Mumbai · founded 2018](https://millionrounds.com/startup/neuron-energy)
- [**Mindgrove Technologies** Chennai · founded 2021](https://millionrounds.com/startup/mindgrove-technologies)
- [**Vana Vidyut Private Limited** Ahmedabad · founded 2012](https://millionrounds.com/startup/vana-vidyut-private-limited)
- [**FrenusTech Pvt Ltd** Bengaluru · founded 2017](https://millionrounds.com/startup/frenustech-pvt-ltd)
- [**Sunborne Energy Technologies** Gurugram · founded 2008](https://millionrounds.com/startup/sunborne-energy-technologies)
- [**Tessolve** Bengaluru · founded 2004](https://millionrounds.com/startup/tessolve)
- [**Renkube** Bengaluru · founded 2017](https://millionrounds.com/startup/renkube)

## Is this your company?

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