Last deal

$49.2M
Local Amount - INR 4.1B

Amount

Debt Financing

Stage

16.04.2024

Date

3

all rounds

$72.2M

Total amount

General

About Company
Green Power Systems is a company that addresses the urban waste problem using local technologies and business models.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company focuses on the market of biodegradable waste produced by mass kitchens in tier I cities in India, which is estimated at USD 3 bn. Green Power Systems has developed a waste-to-energy reactor called BioUrja, a GPS shredder, and GPS dewatering systems. Their technologies include an AI alternative for remote predictive bioprocess management and a high-rate dry anaerobic digestion system that digests biowaste and produces clean bio-compressed natural gas (CNG). GPS Renewables offers technology and EPC to project development solutions for bioCNG, Ethanol & Green H2, and has been a common factor behind many milestone biofuel projects. The company aims to tackle a $1+ Trillion market opportunity and is building from India for the world.