Greentech Megawatt Secures Rs 30 Crore Funding for Wind Turbine Operations and Maintenance
11 hours agoBusiness
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3 SourcesCoimbatore, India
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Greentech Megawatt Secures Rs 30 Crore Funding for Wind Turbine Operations and Maintenance

Coimbatore-based Greentech Megawatt has secured Rs 30 crore in its first funding round from Transition VC. The company, founded in 2018, specializes in operations and maintenance (O&M) for wind turbine assets, including predictive maintenance and data analytics. The raised capital will be used to enhance its AI/ML predictive maintenance platforms, expand its repair facilities, and grow its business development in India and international markets. Greentech aims to maximize generation and protect asset integrity for wind asset owners, capitalizing on a growing demand for independent O&M services as OEM warranties expire.

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