Azura Power valuation, funding and investors
Azura Power works in power generation and production, based in London, United Kingdom. It has about 31 employees.
- Last round
- Growth · $876M · Jan 2016
- Valuation at last round
- $8.93B · implied
- Headcount
- 31 · up
- Grade
- D
- Founded
- –
Azura Power valuation today
VCMC values Azura Power at $7.1B today, with a range of $676M to $12.4B and a grade of D. The valuation starts from its last funding round, a growth round in Jan 2016.
Valuation by date (131 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 22 Jan 2016 | $8.9B | $5.9B – $14.9B | $9.8B (+10%) | after a round | – | unknown | B | 0% |
| 1 Feb 2016 | $9.0B | $5.9B – $14.9B | $9.8B (+10%) | after a round | – | unknown | B | 0% |
| 1 Mar 2016 | $9.0B | $5.9B – $14.9B | $9.8B (+9%) | after a round | – | unknown | B | 0% |
| 1 Apr 2016 | $9.1B | $5.9B – $14.9B | $9.8B (+8%) | after a round | – | unknown | B | 0% |
| 1 May 2016 | $9.2B | $5.9B – $14.9B | $9.8B (+7%) | after a round | – | unknown | B | 0% |
| 1 Jun 2016 | $9.2B | $5.9B – $14.9B | $9.8B (+6%) | after a round | – | unknown | B | 0% |
| 1 Jul 2016 | $9.3B | $5.9B – $14.9B | $9.8B (+5%) | after a round | – | unknown | B | 0% |
| 1 Aug 2016 | $9.4B | $5.9B – $14.9B | $9.8B (+5%) | after a round | – | unknown | B | 0% |
| 1 Sep 2016 | $9.5B | $5.9B – $14.9B | $9.8B (+4%) | after a round | – | unknown | B | 0% |
| 1 Oct 2016 | $9.5B | $5.9B – $14.9B | $9.8B (+3%) | after a round | – | unknown | B | 0% |
| 1 Nov 2016 | $9.6B | $5.9B – $14.9B | $9.8B (+2%) | after a round | – | unknown | B | 0% |
| 1 Dec 2016 | $9.7B | $5.9B – $14.9B | $9.8B (+1%) | after a round | – | unknown | B | 0% |
| 1 Jan 2017 | $9.8B | $5.9B – $14.9B | $9.8B (+1%) | after a round | – | unknown | B | 0% |
| 1 Feb 2017 | $9.8B | $5.8B – $14.9B | $9.8B (0%) | after a round | – | unknown | B | 0% |
| 1 Mar 2017 | $9.8B | $5.5B – $14.9B | $9.8B (0%) | after a round | – | unknown | B | 0% |
| 1 Apr 2017 | $9.8B | $5.2B – $14.9B | $9.8B (0%) | after a round | – | unknown | B | 0% |
| 1 May 2017 | $9.8B | $5.0B – $14.9B | $9.8B (0%) | after a round | – | unknown | B | 0% |
| 1 Jun 2017 | $9.8B | $4.7B – $14.9B | $9.8B (0%) | after a round | – | unknown | B | 0% |
| 1 Jul 2017 | $9.8B | $4.5B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2017 | $9.8B | $4.3B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2017 | $9.8B | $4.1B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2017 | $9.8B | $3.9B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2017 | $9.8B | $3.7B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2017 | $9.8B | $3.5B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Jan 2018 | $9.8B | $3.3B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Feb 2018 | $9.8B | $3.2B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2018 | $9.8B | $3.0B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2018 | $9.8B | $2.9B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 May 2018 | $9.8B | $2.7B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2018 | $9.8B | $2.6B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2018 | $9.8B | $2.5B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2018 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2018 | $9.8B | $2.2B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2018 | $9.8B | $2.1B – $14.9B | $9.8B (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2018 | $9.8B | $2.0B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2018 | $9.8B | $1.9B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2019 | $9.8B | $1.8B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2019 | $9.8B | $1.7B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2019 | $9.8B | $1.7B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2019 | $9.8B | $1.6B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 May 2019 | $9.8B | $1.5B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2019 | $9.8B | $1.4B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2019 | $9.8B | $1.4B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2019 | $9.8B | $1.3B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2019 | $9.8B | $1.2B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2019 | $9.8B | $1.2B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2019 | $9.8B | $1.1B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2019 | $9.8B | $1.1B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2020 | $9.8B | $1.0B – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2020 | $9.8B | $952M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2020 | $9.8B | $908M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2020 | $9.8B | $863M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 May 2020 | $9.8B | $822M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2020 | $9.8B | $781M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2020 | $9.8B | $743M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2020 | $9.8B | $706M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2020 | $9.8B | $671M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2020 | $9.8B | $639M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2020 | $9.8B | $607M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2020 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 May 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2021 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 May 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Jun 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Jul 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Aug 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Sep 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Oct 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Nov 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Dec 2022 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Jan 2023 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 11 | unknown | D | 0% |
| 1 Feb 2023 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | 20 | growing | C | 0% |
| 1 Mar 2023 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | 20 | growing | C | 0% |
| 1 Apr 2023 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | 20 | growing | C | 0% |
| 1 May 2023 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | 20 | growing | C | 0% |
| 1 Jun 2023 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | 20 | growing | C | 0% |
| 1 Jul 2023 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | 20 | growing | C | 0% |
| 1 Aug 2023 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | 20 | growing | C | 0% |
| 1 Sep 2023 | $9.8B | $2.3B – $14.9B | $9.8B (0%) | after a round | 20 | growing | C | 0% |
| 1 Oct 2023 | $9.8B | $587M – $14.9B | $9.8B (0%) | after a round | 20 | unknown | D | 0% |
| 1 Nov 2023 | $8.9B | $587M – $13.6B | $8.9B (0%) | after a round | 20 | flat | D | 0% |
| 1 Dec 2023 | $8.9B | $587M – $13.6B | $8.9B (0%) | after a round | 20 | flat | D | 0% |
| 1 Jan 2024 | $8.9B | $587M – $13.6B | $8.9B (0%) | after a round | 20 | flat | D | 0% |
| 1 Feb 2024 | $8.9B | $587M – $13.6B | $8.9B (0%) | after a round | 20 | flat | D | 0% |
| 1 Mar 2024 | $8.9B | $587M – $13.6B | $8.9B (0%) | after a round | 20 | flat | D | 0% |
| 1 Apr 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 25 | up | D | 0% |
| 1 May 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 25 | up | D | 0% |
| 1 Jun 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 25 | up | D | 0% |
| 1 Jul 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 25 | up | D | 0% |
| 1 Aug 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 25 | up | D | 0% |
| 1 Sep 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 25 | up | D | 0% |
| 1 Oct 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 25 | up | D | 0% |
| 1 Nov 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 25 | up | D | 0% |
| 1 Dec 2024 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 23 | up | D | 0% |
| 1 Jan 2025 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 23 | up | D | 0% |
| 1 Feb 2025 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 23 | up | D | 0% |
| 1 Mar 2025 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 23 | up | D | 0% |
| 1 Apr 2025 | $8.9B | $689M – $13.6B | $8.9B (0%) | after a round | 23 | up | D | 0% |
| 1 May 2025 | $4.3B | $587M – $10.2B | $4.3B (0%) | after a round | 23 | flat | D | 39% |
| 1 Jun 2025 | $4.3B | $587M – $10.2B | $4.3B (0%) | after a round | 23 | flat | D | 39% |
| 1 Jul 2025 | $4.3B | $587M – $10.2B | $4.3B (0%) | after a round | 23 | flat | D | 39% |
| 1 Aug 2025 | $4.3B | $587M – $10.2B | $4.3B (0%) | after a round | 23 | flat | D | 39% |
| 1 Sep 2025 | $4.3B | $587M – $10.2B | $4.3B (0%) | after a round | 23 | flat | D | 39% |
| 1 Oct 2025 | $4.5B | $587M – $10.5B | $4.5B (0%) | after a round | 26 | flat | D | 36% |
| 1 Nov 2025 | $4.8B | $587M – $10.7B | $4.8B (0%) | after a round | 26 | flat | D | 33% |
| 1 Dec 2025 | $5.0B | $587M – $10.9B | $5.0B (0%) | after a round | 26 | flat | D | 30% |
| 1 Jan 2026 | $5.3B | $587M – $11.1B | $5.3B (0%) | after a round | 25 | flat | D | 28% |
| 1 Feb 2026 | $5.5B | $587M – $11.3B | $5.5B (0%) | after a round | 25 | flat | D | 26% |
| 1 Mar 2026 | $5.7B | $587M – $11.4B | $5.7B (0%) | after a round | 25 | flat | D | 24% |
| 1 Apr 2026 | $5.9B | $587M – $11.6B | $5.9B (0%) | after a round | 25 | flat | D | 22% |
| 1 May 2026 | $6.1B | $667M – $11.8B | $6.1B (0%) | after a round | 26 | up | D | 20% |
| 1 Jun 2026 | $6.3B | $587M – $11.9B | $6.3B (0%) | after a round | 26 | flat | D | 18% |
| 1 Jul 2026 | $6.5B | $587M – $12.0B | $6.5B (0%) | after a round | 26 | flat | D | 17% |
| 1 Aug 2026 | $6.7B | $587M – $12.1B | $6.7B (0%) | after a round | 26 | flat | D | 16% |
| 1 Sep 2026 | $6.8B | $587M – $12.2B | $6.8B (0%) | after a round | 26 | flat | D | 14% |
| 1 Oct 2026 | $7.0B | $674M – $12.3B | $7.0B (0%) | after a round | 31 | up | D | 13% |
| 24 Oct 2026 | $7.1B | $676M – $12.4B | $7.1B (0%) | after a round | 31 | up | D | 12% |
Key facts about Azura Power
- Founded
- Not on record
- Headquarters
- London, United Kingdom
- Employees
- about 31 +19% in a year
- Total raised
- $876M
- Funding rounds
- 1
- Last round
- Growth Equity Jan 2016
Azura Power was founded by Carlos Pinto and Sundeep Bahanda.
Azura Power funding history
Azura Power has 1 funding round on record, from Jan 2016 to Jan 2016, $876M in total. None disclosed a valuation.
Growth Equity 21 Jan 2016
Led by Amaya Capital; with American Capital Energy & Infrastructure, African Infrastructure Investment Managers, Aldwych Azura Ltd, ARM-Harith, Siemens Bank, Standard Bank, International Finance Corporation, British International Investment.
Sources: privateequitywire.co.uk, financialnigeria.com, thenewsnigeria.com.ng and 3 more
$876M
Azura Power investors
9 investors have backed Azura Power; Amaya Capital led at least one round.
- Amaya Capital lead
- Aldwych Azura Ltd
- American Capital Energy & Infrastructure
- International Finance Corporation
- Siemens Bank
- Standard Bank
What Azura Power does
Azura Power works in electric supplies & power generation, with 13 recorded offerings and customers in energy, renewable energy and industrial.
Azura Power is a British energy company engaged in power generation and the provision of balancing power to national grids across Africa. The company develops and operates gas-fired power plants and projects, with a focus on transitioning existing coal-fired and diesel generators to combined cycle technology. Azura Power also undertakes industrial infrastructure development and supports the growth of indigenous gas resources. Additionally, the company is involved in sustainability initiatives, including programs aimed at reducing carbon emissions and promoting social impact in areas such as health, education, water, sanitation, and gender equality.
Description from Veridion's company data.
Products and services
- Power Generation and Production
- Gas-Fired Power Plant Development
- Renewable Energy Project Development
- Combined Cycle Technology Implementation
- Power Plant Capacity Expansion
- Grid Balancing Power Services
- Industrial Infrastructure Development
- Indigenous Gas Resource Development
- ESG and Sustainability Solutions
- Energy Access Improvement Services
- Carbon Emission Reduction Solutions
- Power Infrastructure Asset Management
- Power Market Participation and Expansion
Markets
- Energy
- Renewable Energy
- Industrial
Technology
- Combined Cycle Technology
Business model
- Business-to-Business
- Enterprise
Industry codes (NAICS)
- 221111 Hydroelectric Power Generation 100% match
Questions about Azura Power
What is Azura Power worth?
Valuation $7.1B (range $676M to $12.4B), as of 24 Oct 2026.
Has Azura Power raised money?
Azura Power has 1 funding round on record, from Jan 2016 to Jan 2016, $876M in total. None disclosed a valuation.
Who has invested in Azura Power?
Amaya Capital, African Infrastructure Investment Managers, Aldwych Azura Ltd, American Capital Energy & Infrastructure, ARM-Harith and British International Investment, and 3 more. Lead investors include Amaya Capital.
How many people work at Azura Power?
About 31, up 19% over the last year. Headcount grew from 11 in Mar 2022 to 31 in Sep 2026.
What does Azura Power do?
Azura Power works in electric supplies & power generation, with 13 recorded offerings and customers in energy, renewable energy and industrial. Its main offerings are power generation and production, gas-fired power plant development and renewable energy project development.
Where is Azura Power based?
Azura Power is based in London, United Kingdom; its founding year is not on record. It has about 31 employees, up 19% over the last year.