# Mainak Chakraborty

> Mainak Chakraborty is the Mumbai-based co-founder and CEO of GPS Renewables, a Bengaluru biofuel technology and infrastructure company founded with Sreekrishna Sankar in 2012. An engineering graduate of NIT Calicut and IIM Bangalore alumnus, he helped take the business from modular food-waste biogas systems to large compressed-biogas projects, including the Indore plant. His public accounts emphasize patient growth, profitable operations and the role of grants, debt and mentors.

- **Role:** Co-Founder & CEO at GPS Renewables
- **Organizations:** GPS Renewables, GPSR Arya, BIRAC (expert reviewer), World Economic Forum Global Shapers (former member), Truss Fund (former credit committee member)
- **Education:** Engineering degree, National Institute of Technology Calicut, Post Graduate Programme in Management (MBA), Indian Institute of Management Bangalore
- **Known for:** MIT Technology Review Indian Innovators Under 35 recognition in March 2013, as listed on his LinkedIn profile., Co-founded the company responsible for engineering and commissioning the Indore municipal organic-waste BioCNG project., GPS Renewables grew to more than 100 BioUrja installations.

## Career timeline

- **2012** — Co-founded GPS Renewables with Sreekrishna Sankar.
- **2013** — Recognized in MIT Technology Review’s Indian Innovators Under 35; joined the Bangalore Global Shapers hub.
- **2016** — Described early profitability, BIRAC grant support and international expansion in a BIRAC interview.
- **2020** — GPS Renewables secured Series A investment from Caspian and Triodos; Chakraborty joined the Truss Fund credit committee.
- **2022** — GPS commissioned the Indore BioCNG plant, raised Series B funding from Neev Fund II, and launched GPSR Arya.
- **2025** — Truss Fund credit committee tenure ended in July, according to his LinkedIn profile.
- **2026** — GPS announced a ₹635 crore Series C financing package across company equity and asset platforms.

## Achievements

- MIT Technology Review Indian Innovators Under 35 recognition in March 2013, as listed on his LinkedIn profile.
- Co-founded the company responsible for engineering and commissioning the Indore municipal organic-waste BioCNG project.
- GPS Renewables grew to more than 100 BioUrja installations.
- Company received an Ashden Climate Solutions Award in 2017.

## Latest updates

- **2026-06** — GPS announced ₹635 crore in Series C financing on June 11: ₹125 crore company equity, ₹200 crore Arya asset-platform tie-up, and an earlier ₹310 crore Sojitz tie-up for the IOC-linked asset platform.
- **2026-08** — GPS’s company LinkedIn feed reports the August 14 foundation-stone ceremony for its cow-dung-to-CBG plant in Ludhiana, developed with HP Group.
- **2026-03** — GPS’s operations newsletter reported a 27-site Reliance operations-and-maintenance portfolio.

## Links

- Website: https://gpsrenewables.com/
- LinkedIn: https://www.linkedin.com/in/mainakchakraborty

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Profile page: https://yespress.io/mainak-chakraborty
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Last updated: 2026-10-07