Enmas EPC Raises Rs 570 Million in Maiden Funding Round

22 Aug 2025 CW Team

The round was anchored by India Ahead Venture Fund, a Category I AIF managed by Abakkus Asset Manager LLP, alongside Amit Agarwal, a prominent equity investor. It also drew participation from a strong line-up of investors, including Biyani Growth Ventures LLP, family members of Jyoti Vardhan Sonthalia, Vitamin M Securities, SVK Realty & Investment (family office of S Vinodkumar Diamonds Group), Anil Raika’s family office, Gaurav Jain and Prateek Jain (Hem Securities), Ankush Kedia (formerly of Ocean Dial AMC), and several marquee high-net-worth individuals.

The growth capital will be used to expand the company’s execution capacity in biomass, biogas, and waste-to-energy verticals, while pursuing international opportunities driven by growing demand for large-scale, high-efficiency energy infrastructure.

With more than 15 years of delivery experience, Enmas EPC has executed over 700 MW of power projects and 2,000 MW in boilers and balance-of-plant contracts across 14+ countries. The company has also expanded into renewable energy, particularly Bio-CNG/Renewable Natural Gas (RNG), with landmark projects delivered in the USA, Korea, and Thailand. Its leadership team includes veterans from ABL Babcock, Tata Consulting Engineers, Alstom, and Areva.

Commenting on the fundraise, Alur Chakrapani, Managing Director of Enmas EPC, said:

“This capital infusion comes at the perfect time, as global demand for high-efficiency energy infrastructure has never been greater. Backed by these strategic investors, we will accelerate global expansion, deliver cutting-edge renewable and thermal projects with unmatched speed and precision, and set new benchmarks for engineering excellence.”

Enmas EPC remains focused on delivering technically advanced, cost-competitive, and sustainable energy solutions, helping industries meet rising demand with cleaner and more efficient systems. With this investment, the company is well positioned to accelerate global growth, strengthen renewable and thermal execution, and establish itself as a preferred partner for large-scale energy projects worldwide.

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Enmas EPC Power Projects Ltd (Enmas EPC), a leading engineering, procurement and construction (EPC) solutions provider specialising in boiler engineering, has successfully closed its maiden funding round of Rs 570 million.The round was anchored by India Ahead Venture Fund, a Category I AIF managed by Abakkus Asset Manager LLP, alongside Amit Agarwal, a prominent equity investor. It also drew participation from a strong line-up of investors, including Biyani Growth Ventures LLP, family members of Jyoti Vardhan Sonthalia, Vitamin M Securities, SVK Realty & Investment (family office of S Vinodkumar Diamonds Group), Anil Raika’s family office, Gaurav Jain and Prateek Jain (Hem Securities), Ankush Kedia (formerly of Ocean Dial AMC), and several marquee high-net-worth individuals.The growth capital will be used to expand the company’s execution capacity in biomass, biogas, and waste-to-energy verticals, while pursuing international opportunities driven by growing demand for large-scale, high-efficiency energy infrastructure.With more than 15 years of delivery experience, Enmas EPC has executed over 700 MW of power projects and 2,000 MW in boilers and balance-of-plant contracts across 14+ countries. The company has also expanded into renewable energy, particularly Bio-CNG/Renewable Natural Gas (RNG), with landmark projects delivered in the USA, Korea, and Thailand. Its leadership team includes veterans from ABL Babcock, Tata Consulting Engineers, Alstom, and Areva.Commenting on the fundraise, Alur Chakrapani, Managing Director of Enmas EPC, said:“This capital infusion comes at the perfect time, as global demand for high-efficiency energy infrastructure has never been greater. Backed by these strategic investors, we will accelerate global expansion, deliver cutting-edge renewable and thermal projects with unmatched speed and precision, and set new benchmarks for engineering excellence.”Enmas EPC remains focused on delivering technically advanced, cost-competitive, and sustainable energy solutions, helping industries meet rising demand with cleaner and more efficient systems. With this investment, the company is well positioned to accelerate global growth, strengthen renewable and thermal execution, and establish itself as a preferred partner for large-scale energy projects worldwide.

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