Founder · GPS Renewables

Mainak Chakraborty

Co-founder & CEO of GPS Renewables, a clean energy company based in Bengaluru.

Co-founder · CEOBengaluruClean Energy
Founded
2012
Bengaluru, Karnataka, India
Raised to date
₹635 crore
1 round on record
Latest round
Series C
₹635 crore · Jun 2026

About

Mainak Chakraborty is Co-founder & CEO of GPS Renewables, a clean energy company based in Bengaluru, founded in 2012. GPS Renewables's most recent disclosed round was a Series C of ₹635 crore in Jun 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2012
GPS Renewables
Clean Energy · Bengaluru

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.

Funding
Jun 2026Series C₹635 crorePixelSky Capital (lead), Spectrum Impact Family Office, Aarti Industries family office, undisclosed South Korean conglomerate, Sojitz Corporation
Company profile →1 round on record

Journey with GPS Renewables

2 milestones
  1. Apr 2025Milestone

    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+.

  2. Jun 2026Milestone

    ~₹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 BPCL.

Also building GPS Renewables

SSSreekrishna SankarCo-founder→

Coverage

1 story
Funding · 8 Jun 2026 · 3 min read
GPS Renewables Raises ₹635 Crore in Series C Round Led by PixelSky Capital to Accelerate Clean Fuel Infrastructure

Quick answers

Who is Mainak Chakraborty?

Mainak Chakraborty is a Co-founder & CEO of GPS Renewables, a clean energy company based in Bengaluru, founded in 2012.

Who founded GPS Renewables?

GPS Renewables's founders and leadership on record at StartupFox are Mainak Chakraborty and Sreekrishna Sankar.

How much funding has GPS Renewables raised?

GPS Renewables has raised ₹635 crore across 1 disclosed round on record. The latest was a Series C of ₹635 crore in Jun 2026, with PixelSky Capital (lead), Spectrum Impact Family Office, Aarti Industries family office.

Where is GPS Renewables based?

GPS Renewables is headquartered in Bengaluru, Karnataka, India.

What has StartupFox reported about Mainak Chakraborty?

StartupFox has published 1 story naming Mainak Chakraborty; the most recent is “GPS Renewables Raises ₹635 Crore in Series C Round Led by PixelSky Capital to Accelerate Clean Fuel Infrastructure”.

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Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory filings and our own reporting. If this is you, you can verify it with LinkedIn and edit it.

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