Biogas plant at sunset, showing digester tanks, processing units, and surrounding farmland.
Bengaluru-based GPS Renewables has successfully closed its Series C funding round, securing ₹635 crore. The investment was led by PixelSky Capital, with participation from a prominent Korean conglomerate, signaling strong confidence in the company’s expansion plans for compressed biogas (CBG) infrastructure.
The newly acquired capital will be instrumental in accelerating the development of large-scale CBG projects across India. GPS Renewables intends to leverage this funding to further bolster its asset platform, Arya, enhancing its capabilities in managing and deploying renewable energy solutions.
This significant funding round underscores the growing investor interest in India’s renewable energy sector, particularly in sustainable fuel alternatives like compressed biogas. The expansion is expected to contribute significantly to the country’s energy transition goals.
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