CleanMax: Funding, Investors & Team (Oct 2026)
CleanMax is now the largest developer of onsite and off-site solar solutions for corporate customers in India, on a build-own-operate basis. We develop solar projects on a turnkey basis, covering includes construction, financing and O&M in our scope, and providing power on a per-kWh basis under long-term Power Purchase Agreements, at rates cheaper than grid tariffs.
CleanMax has raised $165M across 1 funding round on record, the most recent an undisclosed round of $165M announced in Feb 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
CleanMax Company Profile and Key Stats
Latest funding round on record: Feb 2026.
CleanMax Funding Rounds
CleanMax Founders and Leadership Team
No contact details are on record for this team yet.
CleanMax Funding Compared to Other Energy Startups
CleanMax's latest round of $165M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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CleanMax Funding FAQs
What does CleanMax do?
CleanMax is now the largest developer of onsite and off-site solar solutions for corporate customers in India, on a build-own-operate basis. We develop solar projects on a turnkey basis, covering includes construction, financing and O&M in our scope, and providing power on a per-kWh basis under long-term Power Purchase Agreements, at rates cheaper than grid tariffs.
How much funding has CleanMax raised?
CleanMax has raised $165M across 1 round on record. The most recent is an undisclosed round of $165M announced in Feb 2026.
When did CleanMax last raise funding?
CleanMax's most recent funding round on record is an undisclosed round of $165M, announced in Feb 2026.
Who founded CleanMax?
FundedIQ lists Sushant Arora (Founder) at CleanMax.
Where is CleanMax headquartered?
CleanMax is based in Mumbai, Maharashtra, India.
How many employees does CleanMax have?
CleanMax is in the 101-250 employee band.
How does CleanMax's funding compare to other Energy startups?
CleanMax's latest round of $165M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's CleanMax Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for CleanMax is left off this page rather than filled in.
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