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GreenTech Secures Rs 30 Crore Investment Led by Transition VC to Scale Wind O&M Operations

Coimbatore-headquartered wind operations and maintenance (O&M) company GreenTech has raised Rs30 crore in a funding round led entirely by Transition VC. The capital infusion will be used to expand the company’s global footprint and enhance its technology-driven wind asset management platforms.

Founded in 2018, GreenTech offers a comprehensive suite of wind asset management services, including end-to-end O&M, predictive maintenance, advanced data analytics, SCADA upgrades, component repairs, and crane-less major component replacements. The company specializes in managing multi-brand wind turbine assets, enabling wind farm owners to improve availability, reduce downtime, and maximize energy generation.

GreenTech currently supports customers across India and parts of Asia, including Vietnam and Sri Lanka, and is actively expanding its presence in the Southeast Asia (SEA) and Middle East and North Africa (MENA) regions.

Commenting on the funding, Daniel Raj, Founder of GreenTech, said the company’s objective is to deliver consistent value to asset owners by enhancing generation performance and asset reliability. He added that as renewable energy deployment accelerates, GreenTech is strengthening its capabilities and widening its operational reach to support the global clean energy transition.

Raiyaan Shingati, Co-Founder and Managing Partner at Transition VC, noted that more than 30 GW of wind assets in India are expected to exit original equipment manufacturer (OEM) warranty coverage by 2030, driving demand for independent, performance-focused O&M services. He said this transition presents a significant opportunity for GreenTech to emerge as a leading player in the sector.

Echoing this view, Shoeb Ali, Co-Founder and Managing Partner at Transition VC, highlighted that wind turbine O&M is crucial for extending asset life and boosting generation. With several global OEMs exiting the Indian market, he pointed out that nearly 30 GW of wind capacity will require independent service providers capable of delivering OEM-level expertise at more competitive costs.

Ali also estimated an addressable opportunity of at least Rs3,000 crore in India’s wind O&M market. He added that GreenTech’s use of advanced technologies such as crane-less robotics, high-resolution imaging, AI-enabled blade health monitoring, and predictive maintenance, combined with strong on-ground execution, positions the company well to capture a significant share of this growing market.