Greenway Appliances
Latest round
- Series A
Last raised
- Feb 2016
Total raised
- $2.5M
Investors
- 1
About Greenway Appliances
Greenway Appliances specializes in sustainable cooking solutions, designing and manufacturing biomass cookstoves tailored for rural households.Founded in 2011 in Mumbai, India, Greenway Appliances creates high-efficiency biomass cookstoves. The company was established by Ankit Mathur and Neha Juneja, focusing on improving cooking methods in rural areas.5 mn.Greenway Appliances designs, manufactures, and deploys high-efficiency biomass cookstoves that provide sustainable cooking solutions for rural households. Their key products—the Jumbo Stove, Smart Stove, and Yula Stove—are compatible with various solid biomass fuels and significantly enhance cooking efficiency, reducing household air pollution.In the most recent financial year of 2023, Greenway Appliances reported a revenue of USD 11,311,729 and an EBITDA of USD 2,608,339. The company generates revenue primarily through direct sales of cookstoves to consumers and partnerships with organizations facilitating distribution in rural markets.Looking ahead, Greenway Appliances plans to enhance its product offerings by launching new cookstove models aimed at further reducing emissions and improving efficiency.5 mn from February 2016 to support these initiatives, including product development and market entry strategies.
Who invested in Greenway Appliances
1 investor across 1 round
See all investors in Greenway Appliances
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
Feb 10, 2016
Amount
$2.5M
Investors
Questions about Greenway Appliances
Who invested in Greenway Appliances?
Greenway Appliances has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Greenway Appliances raised?
Greenway Appliances has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Greenway Appliances last raise money?
Greenway Appliances's most recent round on record is a Series A, in Feb 2016.
What does Greenway Appliances do?
Greenway Appliances specializes in sustainable cooking solutions, designing and manufacturing biomass cookstoves tailored for rural households.
Where is Greenway Appliances headquartered?
Greenway Appliances is headquartered in Mumbai, India.
Which VCs invest in companies like Greenway Appliances?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at Greenway Appliances's stage. Their profiles are linked below.
VCs backing consumer products startups at Series A
Raising like Greenway Appliances? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.