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ReNew logo — company profile

ReNew

Founded 2011 India India 4294 employees Post-IPO Debt Total: $713.03B Energy, Renewable Energy +2

General Information

Company Name ReNew
Founded Year 2011
Location India India
Founders / Decision Makers
Team member
Employees 4294
Industries Energy, Renewable Energy, Clean Energy +1
Funding Stage Post-IPO Debt
Social

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About ReNew

ReNew is a leading decarbonisation solutions provider and the first Indian clean energy company to list on Nasdaq (Nasdaq: RNW). With 16.3 GW of commissioned and pipeline utility-scale projects, we are a global company with strong Indian roots. Founded in 2011, ReNew is at the forefront of fighting climate change by offering decarbonisation solutions through utility-scale wind and solar offerings, green hydrogen, carbon markets, and energy storage. ReNew has been a pioneer in leveraging digital technologies to accelerate the transition to green energy and address the unique requirements of the B2B segment in India, where we are the market leader. Our mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew is the world’s first clean energy company to be recognized as a Lighthouse by the World Economic Forum. In 2023, we were recognized among ‘Top 15 Climate Tech Companies to Watch’ by the MIT Technology Review. We are a recipient of the Sustainable Market Initiative’s Terra Carta Seal. The COP28 UAE Presidency presented ReNew the 'Energy Transition Changemaker' award for developing and deploying the country’s first round-the-clock power project. ReNew’s solar and wind energy projects currently contribute to 1.9% of India’s power capacity and are spread across 150+ sites and 18 Indian states. We have helped prevent 0.5% of India’s total carbon emissions and 1.1% of India’s total power sector emissions, in addition to generating around 130,000 jobs over the past decade. Last investment: INR27.00B Post-IPO Debt investment at 03 August 2023 Last investment investors: State Bank of India

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt INR27.00B 1
State Bank of India
State Bank of India
03 Aug 2023
Post IPO Debt INR640.00B 2
Power Finance Corporation Ltd.
Power Finance Corporation Ltd., REC
20 Jul 2023
Post IPO Debt $400.00M -
20 Apr 2023
Post IPO Debt $1.00B 1
Rabobank
17 Aug 2022
Post IPO Debt $400.00M -
07 Jan 2022
Private Equity Round Undisclosed 1
Sylebra Capital
Sylebra Capital
23 Feb 2021
Debt Financing $450.00M -
22 Jan 2020
Private Equity Round INR20.50B 3
Goldman Sachs Abu Dhabi Investment Authority
Goldman Sachs, Abu Dhabi Investment Authority +1
01 Jul 2019
Private Equity Round $144.00M 1
Canada Pension Plan Investment Board
23 Jan 2018
Debt Financing INR22.35B -
08 Jan 2018

View All 15 Funding Rounds

ReNew Alternatives & Competitors

View All Alternatives
ReNew vs
Ayana Renewable Power
Ayana Renewable Power India

Powering the Nation. Empowering the People.

Private Equity
357 employees
Energy, Renewable Energy
Compare ReNew vs Ayana Renewable Power
ReNew vs
Vatsaa Energy
Vatsaa Energy India

The Indian Revolution In Green Power

27 employees
Energy, Renewable Energy
ReNew vs
PVI Renewables Private Limited
PVI Renewables Private Limited India

Making Every Consumer A Producer of Power

10 employees
Energy, Renewable Energy
Also compare with: ReNew vs Q ENERGY Q ENERGY ReNew vs AMPIN Energy Transition (Formerly Amp Energy India) AMPIN Energy Transition (Formerly Amp Energy India) View all alternatives

FAQ About ReNew

ReNew is a leading decarbonisation solutions provider and the first Indian clean energy company to list on Nasdaq (Nasdaq: RNW). With 16.3 GW of commissioned and pipeline utility-scale projects, we are a global company with strong Indian roots. Founded in 2011, ReNew is at the forefront of fighting...
ReNew was founded in 2011.
ReNew is headquartered in India.
ReNew operates in Energy, Renewable Energy, Clean Energy and Energy Storage.
ReNew has approximately 4294 employees.
ReNew has completed 15 funding rounds, raising a total of $713.03B. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to ReNew include Ayana Renewable Power, Vatsaa Energy, PVI Renewables Private Limited, Ripple Energy, Q ENERGY. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ReNew and Ayana Renewable Power are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ReNew, https://bouncewatch.com/company/renew, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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