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BluPine Energy raised Rs 239 crore in a funding round led by Tata Capital to support a solar power project in Chhattisgarh.

PRIVATEJul 29, 2024

Amount Raised

₹2.39 Billion

Round Type

Funding Round

GurugramEnergyRenewable EnergySolarBiomass Energy

Investors

Tata Capital

Description

BluPine Energy has secured Rs 239 crore in financial assistance from Tata Capital for a solar power project in Chhattisgarh. The project is expected to generate nearly $117 million units of energy annually and significantly reduce CO2 emissions.

Quick answer

BluPine Energy raised ₹2.39 Billion in a Funding Round round, dated July 29, 2024. Investors: Tata Capital. BluPine Energy is based in Gurugram, Haryana, India.

How much did BluPine Energy raise?
BluPine Energy raised ₹2.39 Billion in a Funding Round round on July 29, 2024.
Who invested in BluPine Energy?
Tata Capital is named as investors in this round.
What does BluPine Energy do?
BluPine Energy is a leading renewable energy services company established in India by Actis, a global investor and world leader in funding and building sustainable infrastructure companies.
Where is BluPine Energy based and how big is it?
BluPine Energy is based in Gurugram, Haryana, India. Fundz records about 126 employees.
Who are the decision-makers at BluPine Energy?
Fundz holds 1 contact at BluPine Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as BluPine Energy that raised within 45 days of this round, from Fundz verified event records.

  • Elum Energy raised $13M (Series B) on September 10, 2024.
  • Bling Energy raised $2.2M (Seed) on September 12, 2024.
  • Reverion raised $62M (Series A) on September 12, 2024.
  • Arevon raised $299M (Debt Financing) on September 5, 2024.
  • PuriFire Energy raised $3.6M (Seed) on August 30, 2024.
  • Sunly raised $334M (Debt Financing) on August 29, 2024.

Who to call at BluPine Energy, and when

A new round usually means BluPine Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day BluPine Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at BluPine Energy, from your own LinkedIn network

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Company Information

Company

BluPine Energy

Location

Gurugram, Haryana, India

About

BluPine Energy is a leading renewable energy services company established in India by Actis, a global investor and world leader in funding and building sustainable infrastructure companies. The company focuses on solar power projects and aims to generate significant energy while reducing CO2 emissions. It plays a vital role in transitioning to renewable energy solutions in the region.

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BluPine Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.