Tech Company Financing Transactions
GPS Renewables Funding Round
PixelSky Capital and Spectrum Financial Services participated in a $66.3 million Series C venture round for GPS Renewables. The round was announced on 6/11/2026.
Transaction Overview
Company Name
Announced On
6/11/2026
Transaction Type
Venture Equity
Amount
$66,270,000
Round
Series C
Investors
PixelSky Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support its next phase of growth, consolidate its financial position, accelerate the execution of a growing pipeline of large-scale compressed biogas (CBG) projects across India, and invest in GPSR Arya, its project development platform, to support ongoing and upcoming projects.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
GPS House, 43, Richmond Road
Bengaluru, Karnataka, 560025
India
Bengaluru, Karnataka, 560025
India
Phone
Website
Email Address
Overview
GPS Renewables was founded in the year 2012 by two IIM-B graduates -- Mainak Chakraborty and Sreekrishna Sankar with the objective of solving the menace of waste that is rapidly growing and polluting the environment. As a result, GPSR began as a biogas company offering one of the most efficient and captive biogas technologies in the market, called the BioUrja. As of date today, more than a 100+ BioUrjas are driving organic waste processing while capturing clean biogas at Hotels, Technology Parks, Corporate Offices, Hospitals and Non-Profits across the Globe.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mainak Chakraborty
Chief Financial Officer
Parag Parikh
Chief Operating Officer
Sreekrishna Sankar
Chief Technical Officer
Gomatam Ravi
Controller
Tilak Minocha
VP - Bus. Development
Rajesh Ayyappasur
VP - Bus. Development
Prabhunath Gupta
VP - Client Services
Mohamedi Bharmal
VP - Client Services
Vikram Saranyan
VP - Engineering
Yamuna Nagaratnam
VP - Engineering
Rajagopal S
VP - Human Resources
Albert Joseph
VP - Human Resources
Satender Sighadia
VP - Manufacturing
Hardik Lalani
VP - Operations
Thirunarayanan A
VP - Product Management
Praveen S
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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