I’m in the Gurugram, Haryana, headquarters of ReNew Power, a five-year-old clean energy company started by former banker Sumant Sinha. Although the company is young, Sinha’s glass-walled cabin bears little resemblance to a start-up, reflecting, he says, his professional background of working mainly in corporate environments, with large companies such as the Aditya Birla Group, Suzlon Energy and investment banks in the US and UK. “That was pretty important for us because we got a higher valuation.” There is even a golf putting set near the window—the emblematic corporate accessory that Sinha says was a gift from a friend. Last year we went from 500 MW to 1,000 MW, and this year we are going from 1,000 MW to 2,000 MW. So the whole start-up conversation that people have starts and stops with e-commerce,” says Sinha.

Source: Mint February 19, 2017 11:40 UTC