Greenway Appliances
PrivateLast Round
Debt
Nov 22, 2023
Est. Valuation
$11.2M
Total Funding Raised
$9.66M
Company Overview
Greenway Appliances operates in Consumer & Commerce and is based in Mumbai, Maharashtra. Its latest recorded funding round was a Debt round in November 2023.
Greenway Appliances is an Indian company that designs, manufactures, and distributes eco-friendly, high-efficiency cookstoves for rural consumers. Founded in 2010 by Neha Juneja and Ankit Mathur, the company aims to replace traditional, polluting mud stoves (chulhas) with modern alternatives. Its patented biomass stoves are designed to reduce smoke emissions by up to 70% and fuel consumption by 65%, addressing significant health risks from indoor air pollution and saving households time and money. The company, which started as Greenway Grameen Infra, operates its own manufacturing facility in Vadodara and has sold millions of units across India and other developing countries. Greenway Appliances has received funding from investors including Acumen to support its mission.
Sector
Consumer & Commerce
Verticals
Home & Lifestyle, Consumer Electronics, Lending & Credit
Business Model
B2B2C
Customer Profile
Hardware Sales, Data as a Service
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Greenway Appliances Comparables
Compare Greenway Appliances with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Toyola Energy Limited | 83% | |
| BioLite | 82% | |
| African Clean Energy | 82% |
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Greenway Appliances Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Nov 22, 2023 | ||||
| Debt | Jul 26, 2022 | ||||
| Series A | Feb 10, 2016 | ||||
| Grant | Feb 6, 2014 | ||||
| Seed | Oct 19, 2013 |
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Key People
Founding team and executive leadership
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Greenway Appliances Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Acumen | Series A |
| Asian Development Bank | Debt |
Greenway Appliances Filings
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| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Frequently Asked Questions
Common questions about Greenway Appliances's valuation, stock price, and market status.
Is Greenway Appliances a public or private company?
Greenway Appliances is a private company.
What is the current stock price of Greenway Appliances?
Greenway Appliances is a private company, so its shares have no public market price. Caplight tracks Greenway Appliances's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Greenway Appliances worth (valuation)?
Greenway Appliances's valuation is estimated at $11.2M based on funding round data.
Can I buy Greenway Appliances stock?
Greenway Appliances shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Greenway Appliances's last funding round?
Greenway Appliances's most recent funding round was Debt on November 22, 2023.
Who are the main investors in Greenway Appliances?
Key investors in Greenway Appliances include Acumen, Asian Development Bank.
Will Greenway Appliances IPO soon?
No public IPO plans have been announced for Greenway Appliances.
How can I track Greenway Appliances secondary market activity?
Caplight tracks bids, offers, and trades in Greenway Appliances's shares on secondary markets.