Radar · Energy in Madhya Pradesh
Best Energy Companies in Madhya Pradesh, India
The 56 best Energy companies in Madhya Pradesh, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Shree Maheshwar Hydel Power.
By Riya SenguptaFinancials
56companies tracked
$72.6Mdisclosed funding
0unicorns
1have raised
FLIAR INTELLIGENCE · ENERGY × MADHYA PRADESH
Our analysis of 50 Energy companies
$12.0b in tracked funding; 71% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
71%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2013median founding year
53kcombined LinkedIn audience
72%of audience held by top 3
3companies hiring publicly (12 mo)
Ranked: Best Energy companies in Madhya Pradesh
| # | Company | Revenue | Disclosed funding | Employees | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | MP Power Management Company Provider of power management solutions | $6.9B FY2024 | — | — | Raghuraj Rajendran Managing Director | Wix eCommerceCart FunctionalityWix+14 | Top 5M | — |
| 2 | Jhabua Power Electric Power Generation company, corporate insolvency resolution process | $215M FY2025 | — | 107 | — | Google MapsUIKitBootstrap+12 | Top 10M | — |
| 3 | Onkar Enterprises Manufacturer of biomass briquettes and pellets | $196M FY2025 | — | 35,170 | Aman Ishar CEO | — | — | — |
| 4 | Agonline Company providing safe and uninterrupted natural gas supply to domestic, commercial, industrial, and… | $97M FY2025 | — | 105 105 → 207 (+97%) | — | WordPressMySQLPHP+31 | Top 1M | 1 job opening |
| 5 | D P Wires Manufacturer of steel wire and plastic films | $75M FY2025 | — | 55 | — | WordPressMySQLPHP+21 | Top 10M | — |
| 6 | Amrut Nature Solutions Provider of carbon credit production services dedicated to providing nature-based solutions to industries | $50M FY2025 | — | 156 | Rajiv Goyal CEO | — | — | 1 launch |
| 7 | Tesla Power Equipments And Projects Manufacturer of power, distribution, and inverter duty transformers for various industries | $43M FY2025 | — | — | Jaideep Jain Managing Director & Chairman | — | — | — |
| 8 | Star Delta Transformers Manufacturer of transformers | $17M FY2024 | — | 59 | Kishore Gupta Managing Director | Google MapsBootstrapAmazon Web Services+8 | Top 10M | — |
| 9 | GTV Developer of hydro power projects | $15M FY2024 | — | 29 | — | Framer SitesReactPriority Hints+4 | Top 50M | — |
| 10 | Balaji Coal Provider of power generation from coal | $6M FY2025 | — | — | Mukul Deshlahra Managing Director | — | — | — |
| 11 | Aartech Solonics Developer of power transmission and distribution based projects | $5M FY2025 | — | 61 61 → 149 (+144%) | Arati Nath CEO | WordPressMySQLPHP+13 | Top 10M | 2 job openings |
| 12 | AGECO Manfuacturer and distributor of electrical products | $2M FY2022 | — | — | — | — | — | — |
| 13 | Infinit Energy Solar installation, design, and maintenance service provider | $790K FY2025 | — | — | Shailesh Dhameliya Founder | — | — | — |
| 14 | Jain Batteries Manufacturer of VRLA batteries | $773K FY2023 | — | 7 | — | EnvoyAmazon Web ServicesSwiper+7 | Top 50M | — |
| 15 | Solartrade Provider of a solar platform offering CRM, proposal creation, and procurement tools | $724K FY2025 | — | — | Sachin Mangal Co-Founder & CEO | Node.jsUbuntuTailwind CSS+12 | Top 5M | — |
| 16 | Vaayu India Designer and manufacturer of energy-efficient hybrid air handling units | $691K FY2025 | $280K | 17 17 → 12 (-29%) | Pranav Mokshmar Founder | PHPGoogle MapsVimeo+13 | Top 5M | 1 partnership |
| 17 | Gagan Gases LPG distribution company | $569K FY2023 | — | 7 | Kul Rattan Maheshwary CEO & MD | WordPressMySQLPHP+15 | Top 50M | — |
| 18 | Lightons Retailer of LED street lights, flood lights, and high bay lights | $330K FY2025 | — | — | Rahul Verma Founder | — | — | — |
| 19 | Consolidated Energy Consultants Wind Energy Engineering Consultancy provider | $280K FY2025 | — | 16 16 → 18 (+12%) | Rajan Deb Co-Founder | — | — | — |
Top 2 Energy companies in Madhya Pradesh
#1
Seed · Indore, Madhya Pradesh · founded 2015 · 17 employees$279.9Kraised▾
Seed · Indore, Madhya Pradesh · founded 2015 · 17 employees
Designer and manufacturer of energy-efficient hybrid air handling units. They specialize in HVAC design for various applications, including clean rooms, dust-free ventilation systems, and laminar airflow systems. The company also offers hybrid evaporative cooling solutions and conventional comfort applications. Their products are designed for seamless integration into diverse environments. They provide preventive maintenance and owner's manuals for their equipment.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 5.8% of this cohort's audience
Activity: 1 partnerships (incl. Vaayu India) announced in 12 mo
Funding rounds
- Jan 2020Seed$279.9K
- 2016Conventional Debt$150K
Founders & team
Investors
Corporation Bank, MSME
Tech stack
Animate.CssApache Http ServerBootstrapCdnjsCloudflareCloudflare Bot Management
#2
Deadpooled · Khargone, Madhya Pradesh · founded 1993$72.3Mraised▾
Deadpooled · Khargone, Madhya Pradesh · founded 1993
Hydel power producer
Founders & team
Investors
PFC, Infrastructure India, Kaupthing
Funding & investor landscape
$72.6Mtotal disclosed funding
2companies funded
2disclosed rounds
0rounds last 90 days
Most active investors
Prism market signals · India · country-scoped Prism corpus, 5,686,465 docs
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Grid Energy Storage is moving in India
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 4,206 India-affiliated papers.
research sentiment over time
201420212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 79% → 70% across 2014–2026.
top research entities
- Ministry of Education193
- Saveetha University139
- Vellore Institute of Technology University136
- Power Grid Corporation128
- SRM Institute of Science and Technology115
leading researchers
Bhim Singh · Rajesh Kumar · Chandra Sekhar Rout · Arnab Ghosh · Mohit Bajaj · Pravat Kumar Ray · Love Bansal · Vanchiappan Aravindan
▲
Breakthroughs1,213 · 29%
▼ 32%→29% share
▼0.9× share momentum0 median citations98% since 2021mostly methods-led
Supercapacitor breakthroughs are surging — Indian papers rose from 10 to 294, signaling rapid materials-level discovery.
rising sub-themes (early→recent)
- Supercapacitor10→294
- Renewable energy1→237
- Battery (electricity)4→224
- Capacitance2→161
- Photovoltaic system3→154
Newly emergingElectrical engineering 0→59 · Energy (signal processing) 0→54 · Faraday efficiency 0→53
Landmark Ultrathin Planar Graphene Supercapacitors · 1,221 cites
◆
Advancements2,351 · 56%
▲ 44%→56% share
▲1.3× share momentum1 median citations98% since 2021mostly methods-led
Renewable energy advancements are intensifying — applied grid-storage papers scaled from 3 to 561, now dominating the segment.
rising sub-themes (early→recent)
- Renewable energy3→561
- Battery (electricity)4→494
- Supercapacitor12→433
- Photovoltaic system2→344
- Microgrid3→278
Newly emergingPower (physics) 0→202 · Thermal energy storage 0→156 · Energy (signal processing) 0→146
Landmark High entropy oxides for reversible energy storage · 1,228 cites
▼
Concerns271 · 6%
▼ 9%→6% share
▼0.7× share momentum1 median citations97% since 2021mostly reviews
Battery safety concerns are newly emerging — electrochemical storage issues including cathode and anode risks appeared fresh with 55+ papers.
rising sub-themes (early→recent)
- Renewable energy1→85
- Nanotechnology3→40
- Supercapacitor1→38
- Electrolyte1→21
- Anode1→16
Newly emergingBattery (electricity) 0→55 · Electrochemical energy storage 0→22 · Cathode 0→21
Landmark Nanostructured anode materials for lithium ion batteries · 805 cites
RESEARCH HOTSPOTS · India
Where energy storage is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Chennai228 · +0.61
Delhi-NCR217 · +0.53
Mumbai140 · +0.57
Bengaluru107 · +0.60
Hyderabad100 · +0.60
Roorkee97 · +0.56
Pune81 · +0.59
Kharagpur54 · +0.65
Varanasi52 · +0.58
Kanpur43 · +0.48
PATENT SIGNAL · India
Who's filing energy storage patents in India
India energy storage patent filing is accelerating — 121 filings from 162 assignees (2016–2025), led by TVS Motor, General Electric, Indian INST Scient; annual filings 7→27.
121 filings162 assigneespeak 27/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- TVS Motor46
- General Electric16
- Indian INST Scient15
- Offgrid Energy LABS12
- Delectrik Systems11
- Seshadri HARI Nadathur11
- Vallance Michael ALAN11
- Iacovangelo Charles Dominic9
Common questions
How many Energy companies are there in Madhya Pradesh, India?
Radar tracks 56 indexable Energy companies headquartered in Madhya Pradesh, India that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Madhya Pradesh, India?
The Energy companies in Madhya Pradesh, India on this list have raised a combined $72.6M in disclosed equity funding across 2 funded companies.
Which is the highest-funded Energy company in Madhya Pradesh, India?
Shree Maheshwar Hydel Power is the highest-funded Energy company in Madhya Pradesh, India, with $72.3M in disclosed equity funding.
How many Energy companies in Madhya Pradesh, India are funded?
2 of the 56 Energy companies in Madhya Pradesh, India on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Madhya Pradesh, India?
None of the Energy companies in Madhya Pradesh, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Madhya Pradesh, India Energy companies?
The most active investors in Madhya Pradesh, India Energy companies on this list include Bharat Petroleum, Corporation Bank, Infrastructure India, Kaupthing, Living Root.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.