Amrut Energy Raises Rs 100 Cr In Funding From Private Equity Investors
With this funding, Amrut Energy is poised to further revolutionise the agricultural sector, drive economic growth, and create a positive impact on the environment
Ahmedabad-based Amrut Energy has raised Rs 100 crores in funding from private equity investors. This strategic investment will propel the company's rapid growth, expand its manufacturing capabilities, drive research and development, and scale operations across underserved regions.
With this funding, Amrut Energy is poised to further revolutionise the agricultural sector, drive economic growth, and create a positive impact on the environment. The investment will expand manufacturing capabilities, drive R&D, and scale operations across underserved regions, furthering India’s renewable energy transition.
Founded in 2016 by Arvind Patel, Amrut Energy has emerged as a leader in India's clean energy sector, transforming the agricultural landscape with its innovative solar-powered water pumps. By providing farmers with access to free and reliable electricity for irrigation, the company has reduced operational costs and promoted sustainable farming practices.
Arvind Patel's remarkable journey, from a farmer family in Gujarat to building a high-tech engineering and manufacturing company, is a testament to his vision and determination. His story serves as an inspiration to entrepreneurs and startups across India.
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