Avaada Energy's Financial Boost
April 24, 2024, 9:34 pm
Avaada Group
Location: India, Maharashtra, Mumbai
Employees: 501-1000
Founded date: 2009
Total raised: $535M
India's Avaada Energy, a renewable energy powerhouse, recently secured a massive $535 million refinancing deal from the state-owned National Bank for Financing Infrastructure and Development (NaBFID). This injection of funds will undoubtedly propel Avaada Energy to new heights in the renewable energy sector, solidifying its position as a key player in India's green energy revolution. With this significant financial backing, Avaada Energy is poised to make even greater strides towards a sustainable future for India and beyond.