GPS Renewables: Funding, Investors & Team (Sep 2026)
Green Power seeks to solve the urban waste problem by utilising local technologies and business models. In India, 25% of the 75,000 tonnes of biodegradable waste produced comes from mass kitchens in tier I cities. This market, which is estimated at USD 3 bn, is the market that Green Power Systems focuses on. Green Power Systems has developed a waste-to-energy reactor called BioUrja (pending patent), a highly compact design producing 7 kg worth of LPG for every 100 kg bio-waste. Green Power Systems have also developed a GPS shredder, designed specifically for wet waste and GPS dewatering systems, separating solids from mixtures.
GPS Renewables has raised $69.3M across 3 funding rounds on record, the most recent an undisclosed round of $49.2M announced in Apr 2024.
That round is above the $3.0M median round size for Sustainability companies tracked on FundedIQ over the last two years.
GPS Renewables Company Profile and Key Stats
Latest funding round on record: Apr 2024.
GPS Renewables Funding Rounds
GPS Renewables raised $100k in an undisclosed round announced in Jan 2022.
2 months later, a Series B of $20.0M was announced in Mar 2022.
2.1 years later, an undisclosed round of $49.2M was announced in Apr 2024.
GPS Renewables Founders and Leadership Team
Contact details for the GPS Renewables team: 2 of 2 have an email address on file.
Start 14-day free trial →GPS Renewables Funding Compared to Other Sustainability Startups
GPS Renewables' latest round of $49.2M is above the median round in Sustainability. Medians cover the last 24 months of disclosed rounds.
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GPS Renewables Funding FAQs
What does GPS Renewables do?
Green Power seeks to solve the urban waste problem by utilising local technologies and business models. In India, 25% of the 75,000 tonnes of biodegradable waste produced comes from mass kitchens in tier I cities. This market, which is estimated at USD 3 bn, is the market that Green Power Systems focuses on. Green Power Systems has developed a waste-to-energy reactor called BioUrja (pending patent), a highly compact design producing 7 kg worth of LPG for every 100 kg bio-waste. Green Power Systems have also developed a GPS shredder, designed specifically for wet waste and GPS dewatering systems, separating solids from mixtures.
How much funding has GPS Renewables raised?
GPS Renewables has raised $69.3M across 3 rounds on record. The most recent is an undisclosed round of $49.2M announced in Apr 2024.
When did GPS Renewables last raise funding?
GPS Renewables' most recent funding round on record is an undisclosed round of $49.2M, announced in Apr 2024.
Who founded GPS Renewables?
FundedIQ lists Sreekrishna Sankar (Founder) at GPS Renewables.
Who is the CEO of GPS Renewables?
Mainak Chakraborty is listed as CEO at GPS Renewables.
Where is GPS Renewables headquartered?
GPS Renewables is based in Bangalore, Karnataka, India.
How many employees does GPS Renewables have?
GPS Renewables is in the 11-50 employee band.
How does GPS Renewables' funding compare to other Sustainability startups?
GPS Renewables' latest round of $49.2M is above the $3.0M median round size for Sustainability companies on FundedIQ across 74 tracked companies over the last two years.
About FundedIQ's GPS Renewables 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 GPS Renewables is left off this page rather than filled in.
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