# Fourth Partner Energy Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fourth-partner-energy-private

- Industry: Renewable Energy
- Headquarters: Hyderabad, India
- Website: www.fourthpartner.co/
- Total disclosed funding: $73M
- Latest round: Series B (Jun 15, 2018)
- Investors on record: 3

## About

Fourth Partner Energy Private Limited, based in Hyderabad, India, provides integrated renewable energy solutions, focusing on solar and wind technologies for commercial and industrial sectors, aimed at promoting sustainability and reducing carbon emissions.Founded in 2010 in Hyderabad, India, Fourth Partner Energy specializes in renewable energy solutions targeting the commercial and industrial sectors. The founders include Aakash Aggarwal, Abel Thomas, Aditya Chaturvedi, Akhil Katara, Amol Rungta, Kenneth Veigas, Rahulselvan T, Vijay Singaraju, Vikas Saluguti, and Vivek Subramanian. Their core offerings include on-site solar energy systems, open access solar and wind energy solutions, wind-solar hybrid systems, battery energy storage systems, and carbon credit services (I-RECs). These solutions are designed to facilitate a transition to reliable, round-the-clock clean power, addressing the challenge of carbon emissions, particularly in sectors like IT, chemicals, manufacturing, and automotive.In the most recent fiscal year 2023, Fourth Partner Energy generated revenue of USD 42.02 mn, with an EBITDA amounting to USD 14.55 mn. The company's revenue primarily stems from long-term agreements and project-based contracts within the B2B domain, focusing on tailored renewable energy solutions. In March 2026, JK Tyre & Industries Ltd., a portfolio company of International Finance Corporation, agreed to acquire a 26% minority stake in Fourth Partner Energy Private Limited from ADB Ventures, DEG, International Financial Corporation, Norfund, and TPG for INR 15.3 million. The transaction is expected to be completed within 90 days.

## Funding rounds

- Series B, Jun 15, 2018, $70M — TPG
- Series A, Sep 23, 2015, $2M — The Chennai Angels, Infuse Ventures
- Series A, Jul 24, 2014, $0.5M — The Chennai Angels

## Investors

- The Chennai Angels (https://capitalatlas.ai/funds/the-chennai-angels) — Series A
- Infuse Ventures (https://capitalatlas.ai/funds/infuse-ventures) — Series A
- TPG (https://capitalatlas.ai/funds/tpg) — Series B