Product Reports Resources Pricing Login Book a demo

Azure Power

Energy · New Delhi, India · Founded 2008 · IPO 2016

Azure Power produces and distributes solar power to commercial, government and utility customers in India. MoreLess

Azure Power is a leading independent sustainable energy solutions provider and power producer in India. The company focuses on developing and operating renewable energy projects, primarily solar energy, to create value for all stakeholders and displace 230 million tons of global emissions by 2030. Azure Power serves a diverse range of clients, including government entities and commercial enterprises, within the Indian renewable energy market. The business model revolves around building and operating large-scale solar projects and selling the generated power through long-term power purchase agreements (PPAs) with distribution companies (DISCOMs). Revenue is generated from the sale of electricity produced by these renewable energy assets. Azure Power aims to be the lowest-cost producer of solar energy electricity in the world, leveraging its extensive experience and scale to achieve this goal.

Keywords: renewable energy, solar power, India, sustainable solutions, power producer, emissions reduction, utility-scale projects, PPAs, DISCOMs, cost efficiency.

Valuation $1.67B
Revenue $279M
EBITDA $165M
Total funding $50–100M

Talent graph

Azure Power's talent

Book a demo to see the people
Team profiled 24 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

10 investors on Azure Power's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Series A 3 investors entered at this stage
Series B+ 7 investors entered at this stage
OPIC
Proparco
DEG
FMO Entrepreneurial Development Bank
La Caisse
Mitsubishi UFJ Financial Group
OMERS Infrastructure

Global footprint

Where Azure Power has talent and traffic

Workforce by country
11 countries with
team presence
🇮🇳 India96.6%
🇸🇦 Saudi Arabia0.7%
🇵🇰 Pakistan0.5%
🇨🇦 Canada0.2%
🇲🇲 Myanmar0.2%
Top 5 of 11 shown
Web traffic by country
5.1K monthly visits
across markets
🇮🇳 India76.5%
🇺🇸 United States23.5%
Top 2 markets shown

Market sentiment

What the market is saying about Azure Power

An AI-synthesized read of the highest-engagement posts about Azure Power on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Azure Power on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.