Tech Company Financing Transactions
Avaada Funding Round
On 4/26/2023, Avaada raised $1.1 billion in funding from Brookfield Growth and Global Power Synergy Public Company.
Transaction Overview
Company Name
Announced On
4/26/2023
Transaction Type
Venture Equity
Amount
$1,070,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
910, Surya Kiran Building, Kasturba Gandhi Marg,
New Delhi, 110001
IN
New Delhi, 110001
IN
Phone
Website
Email Address
Overview
Avaada is derived from 'Ayurveda' which means 'Science of life, and 'Vaada,' which implies a promise. True to its name, Avaada is engaged in actions aimed at crafting a sustainable future. At Avaada, we firmly believe that the present generation has a non-negotiable responsibility for preserving and nurturing the environment than ever before. It is even more critical as the actions we take today will determine the fate of human life on earth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Vineet Mittal
Chief Executive Officer
Kishor Nair
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Where The Data Comes From
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