Insights

Global scale Avaada Group is rapidly expanding with a projected 11 GW of installed renewable capacity by 2026 and a recent $1.3 billion equity raise, highlighting a high-value, multi-project buying cycle for energy generation, storage, and green hydrogen initiatives.

Integrated offerings The company spans solar PV manufacturing, green hydrogen and derivatives, energy storage, green data centers, and pumped hydro, presenting cross-sell opportunities across generation, storage, and decarbonization solutions for comprehensive customer energy transitions.

Strategic financing Significant non-dilutive and debt financing from SBI, Canara Bank, and REC totaling around $1.3B signals strong capex readiness and a favorable window for equipment procurement, EPC, and project finance partnerships.

Green industrial campus MoU for a 300-acre Zero-CBAM Green Industrial Campus in Hisar powered by renewables indicates demand for scalable, low-carbon manufacturing environments, offering opportunities to supply modular clean energy, microgrids, and sustainability tech.

Tech-enabled ops Adoption of technologies like Kubernetes, Kafka, cloud platforms, and SOLIDWORKS suggests openness to digital transformation, data analytics, and automation partnerships that can optimize project execution, asset management, and maintenance for large-scale deployments.

Similar companies to Avaada Group

Avaada Group Tech Stack

Avaada Group uses 8 technology products and services including Apache Kafka, SOLIDWORKS, Kubernetes, and more. Explore Avaada Group's tech stack below.

Media & News

Avaada Group's Email Address Formats

Avaada Group uses at least 2 email formats:
Avaada Group Email FormatsExamplePercentage
First.Last@avaada.comJohn.Doe@avaada.com
99%
First@avaada.comJohn@avaada.com
1%

Frequently Asked Questions

What is Avaada Group's official website and social media links?

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Avaada Group's official website is avaada.com and has social profiles on LinkedIn.

How much revenue does Avaada Group generate?

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As of August 2026, Avaada Group's annual revenue is estimated to be $100M - $250M.

What is Avaada Group's NAICS code?

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Avaada Group's NAICS code is 33441 - Semiconductor and Other Electronic Component Manufacturing.

How many employees does Avaada Group have currently?

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As of August 2026, Avaada Group has approximately 2.4K employees across 5 continents, including Asia, North America and Africa. Key team members include Chief Executive Officer - Avaada Energy Pvt. Ltd: K. N., Vice President - Chairman's Office: M. K. and Vice President - Procurement And Npd For Bess And Ess: S. S. Explore Avaada Group's employee directory with LeadIQ.

What industry does Avaada Group belong to?

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Avaada Group operates in the Renewable Energy Semiconductor Manufacturing industry.

What technology does Avaada Group use?

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Avaada Group's tech stack includes Apache Kafka, SOLIDWORKS, Kubernetes, Shopify, Google Cloud Platform, Office 365, VMware and Adobe Creative Suite.

What is Avaada Group's email format?

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Avaada Group's email format typically follows the pattern of First.Last@avaada.com. Find more Avaada Group email formats with LeadIQ.

How much funding has Avaada Group raised to date?

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As of August 2026, Avaada Group has raised $4.7B in funding. The last funding round occurred on Jun 01, 2026.

When was Avaada Group founded?

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Avaada Group was founded in 2009.
Avaada Group logo

Avaada Group

Renewable Energy Semiconductor ManufacturingMaharashtra, India1001-5000 Employees

Avaada Group is a diversified clean energy company based in Andheri East, Maharashtra, India. Its activities span renewable power generation, solar photovoltaic manufacturing, green hydrogen and its derivatives, green data centers, battery storage, and pumped hydro projects. The group's flagship unit, Avaada Energy, leads renewable power generation and aims to achieve about 11 gigawatts of installed capacity by 2026. Positioned within the renewable energy and clean-tech landscape, Avaada pursues an integrated approach to the global energy transition. A notable recent development is a memorandum of understanding with Tata Steel SEZ to develop a green hydrogen and ammonia manufacturing facility at the Gopalpur Industrial Park in Odisha. Under the leadership of Vineet Mittal, the group has pursued partnerships and expansion as part of its broader growth strategy.

Section iconCompany Overview

Website
avaada.com
NAICS Code
33441 - Semiconductor and Other Electronic Component Manufacturing
Founded
2009
Employees
1001-5000

Section iconFunding & Financials

  • $4.7B

    Avaada Group has raised a total of $4.7B of funding over 11 rounds. Their latest funding round was raised on Jun 01, 2026 as a Debt Financing.

  • $100M - $250M

    Avaada Group's revenue is estimated to be in the range of $100M - $250M

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