Hyderabad-based fenestration startup GreenFortune has raised $4.5 million (approximately Rs 39 crore) in a funding round led by Germany-based Foundamental, with participation from Titan Capital Winners Fund, Incubate Fund Asia, and other existing investors.
The fresh funds will be used to expand operations across India, boost production sixfold, and further develop its proprietary tech platform, PartnerGate, into a comprehensive full-stack solution to enhance customer experience.
Previously, GreenFortune secured $1 million in seed funding in July 2023, led by Incubate Fund Asia.
Founded in May 2022 by Dilip Kumar and Pratyusha Kosaraju, GreenFortune is modernizing India’s fragmented windows and doors industry by providing high-quality, climate-adaptive, and affordable fenestration solutions.
Currently operating in 100+ locations, the startup has supplied materials for over 2 million square feet of windows and doors.
Co-founder and CEO Dilip Kumar stated, “This funding reaffirms our investors’ trust in our vision to provide quality solutions to middle-income households at affordable prices.”
GreenFortune plans to diversify its product range beyond traditional windows and doors, incorporating aluminium, steel, and pre-painted steel solutions while investing in R&D and technical services to develop new offerings.
Shubhankar Bhattacharya, co-founder and general partner at Foundamental, highlighted the startup’s focus on scaling manufacturing, improving service quality, and enhancing customer access.
“GreenFortune is executing brilliantly in its mission to become India’s leading fenestration brand. We are proud to lead this Pre-Series A round,” he said.
Titan Capital Winners Fund VP Shiv Kapoor praised the team’s strong supply chain and commitment to quality at competitive prices, stating that GreenFortune is now ready for its next phase of growth.
The company aims to achieve Rs 250 crore ARR within two years, expanding first across South India before scaling nationwide.
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