GreenTech, a technology-led operations and maintenance (O&M) company specialising in wind turbine asset management, has raised ₹30 crore in its first-ever funding round, a mix of equity and debt, fully led by Transition VC.
The Coimbatore-based company will use the fresh capital to expand its global infrastructure, upgrade its AI/ML-powered predictive maintenance engines, strengthen its SCADA analytics platform, and accelerate business development initiatives across India and key international wind markets.
A Technology-Driven Partner for Wind Asset Owners
Founded in 2018 by Daniel Raj, GreenTech serves as an independent service provider offering a full spectrum of wind turbine O&M and asset management solutions. Its services include:
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Predictive & preventive maintenance
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Corrective and major corrective services
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Full-scope O&M
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SCADA modernisation
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Blade inspection & diagnostics
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Crane-less major component replacement
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In-house repair across mechanical, electrical & electronic systems
GreenTech aims to enhance energy generation, improve turbine reliability, and extend asset lifespan for wind project owners.
Expanding Global Footprint & Repair Capabilities
GreenTech currently operates across all major wind states in India and has an expanding presence in Southeast Asia, including Vietnam and Sri Lanka, with forthcoming expansion into SEA and MENA regions.
As part of its scale-up strategy, the company is set to:
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Strengthen its analytics and predictive maintenance engine
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Expand its repair and refurbishment centre into a multi-disciplinary hub (mechanical, electrical, generator, gearbox & electronic card repair)
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Enhance AI-driven diagnostic and maintenance algorithms
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Build deeper global capacity through an expanding supplier and component ecosystem
GreenTech currently works with 100+ suppliers, 20+ repair loops, 7+ major component partners, and manages over 6,000 components, positioning itself as one of the emerging end-to-end partners for multi-brand wind fleet management in Asia.
The company aims to achieve multifold revenue growth in the next 24 months as global demand for efficient renewable energy asset management surges.
By: Shivani Solanki
