Reliance New Energy Limited
Overview
Reliance New Energy Limited (RNEL) is a wholly-owned subsidiary of Reliance Industries Limited (RIL) focused on building one of the world's leading new energy and new materials businesses. The company is developing an integrated renewable energy ecosystem, including the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, India, which will house giga factories for photovoltaic panels, energy storage batteries, green hydrogen electrolysers, and fuel cells. In addition to its primary manufacturing and operational goals, RNEL makes strategic investments and acquisitions in companies within the new energy and new mobility sectors to build its capabilities.
Portfolio Companies
2
Website
ril.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| NexWafe | May 2023 | VC Round | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Reliance New Energy Limited based?
Reliance New Energy Limited is headquartered in Mumbai, Maharashtra, India.
When was Reliance New Energy Limited founded?
Founding year information for Reliance New Energy Limited is not publicly available.
How many portfolio companies does Reliance New Energy Limited have?
Reliance New Energy Limited has 2 portfolio companies in Caplight's dataset.
What are some companies in Reliance New Energy Limited's portfolio?
Portfolio companies visible on Caplight include NexWafe.
What was Reliance New Energy Limited's most recent investment shown here?
Reliance New Energy Limited's most recent investment in this portfolio sample was in NexWafe in 2023.
What sectors does Reliance New Energy Limited focus on?
Reliance New Energy Limited focuses on Mobility, Transportation & Logistics, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech.
What company stages does Reliance New Energy Limited focus on?
Reliance New Energy Limited typically invests at the Early stage.