# GPS Renewables Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gps-renewables-private

- Industry: Power & Utilities
- Headquarters: Bangalore, India
- Website: www.gpsrenewables.com/
- Total disclosed funding: $70M
- Latest round: Series C (Jun 8, 2026)
- Investors on record: 7

## About

Based in Karnataka, India, and founded by CEO Mainak Chakraborty and COO Sreekrishna Sankar in 2012, GPS Renewables Private Limited operates as a bioenergy technology company that focuses on solving organic wastes to energy solutions. In June 2026, GPS Renewables Private Limited raised INR 6.35 billion in series C funding led by IndigoEdge, with participation from Sojitz Corporation and Spectrum Impact.

The company provides biofuel infrastructure with over 100 successful deployments globally. GPS Renewables has a diverse portfolio of proprietary products for gas purification such as RNG (Renewable Natural Gas), CBG (Compressed BioGas), 2G Ethanol, and Green Hydrogen. The other businesses, GPS Renewables engages in include technology delivery, project execution, biofuel asset ownership, specialized products such as subsystems for biofuel plants at city and industrial scales including Optimaxx and BioUrja, and global delivery services. GPS Renewables caters to all aspects of biofuel projects, and its landmark projects include Asia's largest BioCNG plant in Indore and innovative initiatives like biogas-powered EV charging stations. In June 2026, GPS Renewables Private Limited raised INR 6.35 billion in series C funding led by IndigoEdge, with participation from Sojitz Corporation and Spectrum Impact.

The company plans to use the June 2026 funding to strengthen its financial position and accelerate execution of large-scale compressed biogas projects across India. A portion will be invested in GPSR Arya to support ongoing and upcoming projects.

## Funding rounds

- Series C, Jun 8, 2026, $66M — Sojitz Corporation, Spectrum Impact, IndigoEdge
- Series B, Mar 17, 2022, $0.1M — SBI Ventures
- Series A, Sep 30, 2020, $3M — Caspian Impact Investment Adviser, Triodos Investment Management
- Seed, Apr 28, 2015, $0.5M — i2india Ventures

## Investors

- i2india Ventures (https://capitalatlas.ai/funds/i2india-ventures) — Seed
- Caspian Impact Investment Adviser (https://capitalatlas.ai/funds/caspian-impact-investment-adviser) — Series A
- Triodos Investment Management (https://capitalatlas.ai/funds/triodos-investment-management) — Series A
- SBI Ventures (https://capitalatlas.ai/funds/sbi-ventures) — Series B
- Sojitz Corporation — Series C
- Spectrum Impact — Series C
- IndigoEdge (https://capitalatlas.ai/funds/indigoedge) — Series C