GREENJOULES PVT LTD. is an Indian Renewable-energy company that specializes in producing 2nd Generation Biofuels from agro-Industrial wastes. The company, founded in 2018, is dedicated to manufacturing eco-friendly Diesel and Petrol-like fuels using advanced technology developed in India.
Registered under the Start-up India program and supported by Science & Tech Park (Pune), Greenjoules operates Bio-refinery plants in Chakan, Pune and Rasayani. Their 2G Advanced Biofuel, compliant with Indian High-Speed Diesel standards, boasts ultra-low sulfur content and surpasses BIS VI requirements, offering a considerable reduction in greenhouse gas emissions.
In addition to the primary biofuels, Greenjoules' manufacturing process yields by-products such as Petrol-like and LPG-like fuels, as well as Biochar, which can be refined into valuable silica and activated carbon with diverse industrial applications.
The company is committed to reducing agricultural waste by working with materials like Paddy straw and Rice husk, aiming to expand operations across India. With a focus on decentralized production for inclusive growth, Greenjoules aims to make a significant impact on industry competitiveness, environmental protection, job creation, and local entrepreneurship.
Recently, Greenjoules secured a INR330.00M Series A investment on 09 June 2021 from Blue Ashva Capital. Their mission to "Re-model waste to power the future" resonates with the increasing importance of sustainable energy solutions in the global market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | INR330.00M | 1 | Blue Ashva Capital | 09 Jun 2021 |
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