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GPS Renewables

Clean Energy (Biofuels)Bengaluru, Karnataka, India

GPS Renewables is a Bengaluru-based full-stack renewable oil and gas company building compressed biogas (CBG) and sustainable aviation fuel infrastructure. It converts agricultural residue and municipal solid waste into clean fuels, runs joint ventures with both IndianOil (IOC GPS Renewables) and Bharat Petroleum for CBG development, and develops Build-Own-Operate projects through its asset platform GPSR Arya.

1StartupFox story
2012Founded
Clean Energy(Biofuels)Sector
Jun 2026Latest coverage

Funding

GPS Renewables has raised $76M across 1 disclosed round, most recently a Series C in Jun 2026.

$76MRaised
Series CLatest round · Jun 2026
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
Jun 2026Series C$76M (₹635 crore)PixelSky Capital (lead), Spectrum Impact Family Office, Aarti Industries family office, undisclosed South Korean conglomerate, Sojitz CorporationStartupFox ↗

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadPixelSky Capital (lead)1 round · 2026
Aarti Industries family office1 round · 2026
Sojitz Corporation1 round · 2026
Spectrum Impact Family Office1 round · 2026
undisclosed South Korean conglomerate1 round · 2026
Aggregated automatically from the disclosed rounds above.

Leadership

MCMainak ChakrabortyCo-founder · CEO
SSSreekrishna SankarCo-founder

The GPS Renewables journey

2012 · founded
Founded in Bengaluru by Mainak Chakraborty, Sreekrishna Sankar.
Apr 2025 · milestone
Sojitz invests ₹310 Cr into the IOC GPS Renewables JV (IGRPL) — targeting 30 biomethane plants by FY27 with 160,000 tonnes annual capacity, total outlay $400M+.
Jun 2026 · funding
Series C — $76M, led by PixelSky Capital (lead).
Jun 2026 · milestone
~₹1,000 Cr annual revenue with 800+ employees; 30+ projects operational or near-complete, 200+ CBG projects in pipeline; NTPC EPC contract for India's first Ethanol-to-Jet SAF plant; only Indian company with CBG JVs with both IndianOil and

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Frequently Asked

What is GPS Renewables?

GPS Renewables is a Bengaluru-based full-stack renewable oil and gas company building compressed biogas (CBG) and sustainable aviation fuel infrastructure. It converts agricultural residue and municipal solid waste into clean fuels, runs joint ventures with both IndianOil (IOC GPS Renewables) and Bharat Petroleum for CBG development, and develops Build-Own-Operate projects through its asset platform GPSR Arya.

Who founded GPS Renewables?

GPS Renewables is associated with Mainak Chakraborty, Sreekrishna Sankar.

How much funding has GPS Renewables raised?

GPS Renewables has raised $76M across 1 disclosed round. The most recent was a $76M Series C in Jun 2026.

Who are GPS Renewables's investors?

Disclosed investors in GPS Renewables include PixelSky Capital (lead), Spectrum Impact Family Office, Aarti Industries family office, undisclosed South Korean conglomerate, Sojitz Corporation.

What is the latest news on GPS Renewables?

The most recent StartupFox coverage is “GPS Renewables Raises ₹635 Crore in Series C Round Led by PixelSky Capital to Accelerate Clean Fuel Infrastructure” (8 June 2026). All stories are listed on this page.