# Greenjoules Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/greenjoules-pvt

- Industry: Renewable Energy
- Headquarters: Pune, India
- Website: www.greenjoules.in
- Total disclosed funding: $9.6M
- Latest round: Series B (Aug 21, 2026)
- Investors on record: 3

## About

Founded in 2018 and headquartered in Pune, India, Greenjoules Private Limited specializes in sustainable energy solutions. In August 2026, Greenjoules Private Limited raised INR 62 crore in series B funding led by Amazon, with participation from Singularity AMC. Greenjoules Private Limited converts rice husk, sugarcane press mud, paddy straw and other agricultural residues through a proprietary thermochemical conversion process into renewable diesel and bionaphtha. The fuels are designed as drop-in replacements for conventional fossil fuels and comply with BIS:1460 diesel specifications. The company also generates by-products including biochar and other renewable fuel derivatives. Its technology is internally developed and controlled without reliance on licensed foreign intellectual property. The company generates revenue from the sale of renewable diesel, bionaphtha and related biofuel products produced from agricultural waste feedstocks. Additional revenue may be derived from commercial bio-refinery operations, fuel offtake agreements, and the sale of by-products generated through the production process, including biochar and associated sustainable fuel outputs. The company states that it operates a commercial biorefinery with existing customers, offtake agreements and revenues. Following its ongoing Series B financing, Greenjoules Private Limited plans to accelerate expansion through the construction of large-scale greenfield biorefinery facilities near Pune and Raipur. The company states that more than ?600 crore is being mobilized through a combination of institutional equity and joint ventures to support these projects. Growth plans include scaling renewable diesel production and expanding into sustainable aviation fuel (SAF), green hydrogen and biomethane related applications.

## Funding rounds

- Series B, Aug 21, 2026, $6.5M — Singularity AMC, Amazon
- Series A, May 28, 2021, $3.1M — Blue Ashva Capital

## Investors

- Blue Ashva Capital (https://capitalatlas.ai/funds/blue-ashva-capital) — Series A
- Singularity AMC (https://capitalatlas.ai/funds/singularity-amc) — Series B
- Amazon (https://capitalatlas.ai/funds/amazon) — Series B