Company lists
The Maharashtra edition · 2026

Energy efficiency techcompanies in Maharashtra

Energy management, energy efficient lighting, building automation, IoT & smart cities, heating & cooling and more: the companies building energy efficiency tech in Maharashtra, with their founders, funding, team size and business models.

121 company profiles54 with reported revenue12 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent energy efficiency tech business events in India

Funding, M&A, contract wins and launches involving 766 energy efficiency tech companies in India, last 24 months: 11 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

Funding

Living things

Spadel has invested in UK beverage company Living Things through its venture capital arm, The Source Ventures, as part of a new funding round aimed at accelerating growth.

Investors Spadel
FundingSeries B

Smart joules

Smart Joules raised $10 Mn in Series B funding led by Neev II Fund

Investors Neev II Fund
Climate tech energy efficiency
FundingStrategic investment

Promethean energy

Mondelez India has announced a strategic investment in Promethean Energy, an Indian company developing technology to reduce carbon emissions from industrial heat processes.

Investors Sustainable futures
Clean Energy
Funding

Chara technologies

Chara Technologies raised $5.8 million to further its indigenous motor technology

Clean tech
FundingPre-seed

Wankel Energy Systems

IIT Madras-incubated deep tech start-up Wankel Energy Systems has raised $ 1 million in a pre-seed funding round led by Shastra VC, with participation from strategic angel investors.

Investors Shastra VC, Strategic angel investors
Energy Technology
FundingPre-Series A

Promethean energy

With the help of Transition VC, Sangam Venture, Sagana Capital, and Fondation Botnar, Promethean Energy, a cleantech startup that aims to decarbonize industrial heating, has raised $2…

Investors Transition Vc, Sangam Venture, Sagana Capital, Fondation botnar
Cleantech
FundingFirst funding round

TRIGeN

Trigen raised US$10M in its first funding round led by HealthCap.

Investors Healthcap
FundingSeries B

75f

AI Startup 75F Raises $45Mn Funding In Series B Round.

AI Startup
FundingEarly-stage

Karban

Over the past six to twelve months, they have backed about half a dozen startups, including Beyond Appliances, Upliance, and Karban, with $1-4 million early-stage cheques.

Funding

Keus

On2cook, Alste Technologies and Keus have also raised funding to make kitchens smarter through technology.

Funding

Vacus

Through this program, AIC-BIMTECH has supported eight startups, five of which have successfully secured ₹2 crores in funding from MeitY. The funded 5 startups are Cunomial, Credit…

Investors Ministry of Electronics and Information Technology (MeitY)

Energy efficiency tech companies in Maharashtra, by revenue

Browse energy efficiency tech companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 54 energy efficiency tech companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of energy and power management solutions for data centers

Facility management tech
₹162.42 crFY 2024-25
+9%2024–2025
41LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Provider of technology-based energy-saving lighting products

Energy efficiency tech
₹107.13 crFY 2022-23
Not reported
187+11% 12 mo to Sep 2024recorded Sep 2024
57 yr1969
—No postings tracked

Manufacturer of industrial boilers, sugar plants, and distilleries

Energy efficiency tech
₹110.08 crFY 2024-25
+20%2024–2025
28+0% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of solar water heaters

Facility management tech
₹83.04 crFY 2024-25
+7%2024–2025
77+27% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provider of environmental and energy conservation solutions

Energy efficiency tech
₹40.27 crFY 2024-25
-20%2024–2025
13LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing processes

Energy efficiency tech
₹22.47 crFY 2024-25
+95%2024–2025
123+79% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Lighting & renewable energy solutions

Energy efficiency tech
₹20.60 crFY 2022-23
+83%2022–2023
26+0% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months · last posted Jun 2026

Manufacturer of solar powered LED lighting and home automation systems

Property management tech
₹21.07 crFY 2024-25
+5%2024–2025
23LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of heat pumps

Facility management tech
₹17.38 crFY 2024-25
+17%2024–2025
10LinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted Jun 2026

Provider of industrial thermal waste heat recovery and energy solutions

Energy efficiency tech
₹16.03 crFY 2024-25
+14%2024–2025
24+41% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months · last posted Jun 2026

Provider of building management systems for commercial and residential spaces

Energy efficiency tech
₹11.25 crFY 2024-25
+97%2024–2025
34+93% 12 mo to Sep 2024LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Provider of LED lighting products

Energy efficiency tech
₹10.57 crFY 2024-25
-25%2024–2025
34-27% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Smart workspace and building management solutions

Facility management tech
₹10.54 crFY 2024-25
+49%2024–2025
38+53% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jul 2026

Provider of lighting solution

Energy efficiency tech
₹10.26 crFY 2025-26
+12%2025–2026
16LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of power quality and voltage fluctuation systems

Energy efficiency tech
₹8.72 crFY 2024-25
+12%2024–2025
6-17% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provides AI powered facility and energy management solutions

Security & surveillance technology
₹8.38 crFY 2024-25
+27%2024–2025
23LinkedIn · Jul 2026
7 yr2019
0none in 3 months

A smart sustainability platform utilizing AI, IoT, and analytics to help businesses optimise energy, water and emissions

Energy efficiency tech
₹8.29 crFY 2024-25
+27%2024–2025
39+34% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of IoT and cloud-enabled energy management software solutions

Smart cities
₹7.37 crFY 2024-25
+10%2024–2025
52+28% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Sep 2026

Analytics solutions for industrial assets

Energy efficiency tech
₹6.33 crFY 2024-25
+60%2024–2025
26+0% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted May 2026

B2B marketplace and digital order management platform for vendor partners

Energy efficiency tech
₹6.15 crFY 2024-25
+44%2024–2025
95+14% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
2postings · last posted Aug 2026

Platform offering SMS marketing to enterprises

Facility management tech
₹5.78 crFY 2024-25
-22%2024–2025
36LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Energy management solution provider for commercial buildings

Energy efficiency tech
₹5.65 crFY 2024-25
+97%2024–2025
41LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of air purification systems for homes, commercial, and industrial spaces

Energy efficiency tech
₹4.34 crFY 2024-25
+146%2024–2025
52LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Publisher of open-access scientific journals and books

Facility management tech
₹4.23 crFY 2024-25
+5%2024–2025
30-8% 12 mo to Jul 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Cloud-based user managed access management software provider

Energy efficiency tech
₹4.13 crFY 2024-25
+123%2024–2025
24LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Dec 2025
50 of 121 companies shown here · the full list is on Radar
Fliar Radar

Explore all 121 energy efficiency tech companies in Maharashtra on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open energy efficiency tech in Maharashtra on Radar
  • Every company, not just 50All 121 energy efficiency tech companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore energy efficiency tech companies in Maharashtra by what you are looking for

Browse energy efficiency technology companies in Maharashtra, from energy management systems to energy saving technology for buildings and industry. Find examples of energy efficient technology providers grouped by what they offer.

7 ways to explore energy efficiency tech in Maharashtra

Energy management & monitoring systemsEnergy efficient LED & smart lightingBuilding automation & management systemsIoT & smart city energy solutionsSolar heating, HVAC & thermal energy productsEnergy efficiency tech startups in Maharashtra

Energy management & monitoring systems

Systems that monitor and reduce energy use in buildings, factories and data centres.

  1. OnLine Netsys

    Provider of energy and power management solutions for data centers

    Facility management tech
    See in list
  2. eSmart Energy solutions

    Provider of technology-based energy-saving lighting products

    Energy efficiency tech
    See in list
  3. Aryan Boiler

    Manufacturer of industrial boilers, sugar plants, and distilleries

    Energy efficiency tech
    See in list
  4. Signet EnerTech

    Provider of environmental and energy conservation solutions

    Energy efficiency tech
    See in list
  5. Argos Arkaya Power Solutions

    Lighting & renewable energy solutions

    Energy efficiency tech
    See in list

Energy efficient LED & smart lighting

Makers of LED lighting, lighting controls and smart street lights.

  1. eSmart Energy solutions

    Provider of technology-based energy-saving lighting products

    Energy efficiency tech
    See in list
  2. Corvi

    Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing processes

    Energy efficiency tech
    See in list
  3. Argos Arkaya Power Solutions

    Lighting & renewable energy solutions

    Energy efficiency tech
    See in list
  4. Uniser

    Manufacturer of solar powered LED lighting and home automation systems

    Property management tech
    See in list
  5. Nirvana Lighting

    Provider of LED lighting products

    Energy efficiency tech
    See in list

Building automation & management systems

Building management, automation and access systems that cut energy waste.

  1. Sameer Group

    Provider of building management systems for commercial and residential spaces

    Energy efficiency tech
    See in list
  2. Truein

    Saas and AI-enabled platform offering visitor management system

    Facility management tech
    See in list
  3. Digital Gorkha

    Cloud based visitor management system for housing societies

    Energy efficiency tech
    Website
  4. Powerbot

    SaaS-driven energy monitoring solutions for real estate and industrial applications

    Energy efficiency tech
    See in list
  5. Enetech Energy Managers

    Provider of energy management and monitoring solutions

    Facility management tech
    Website

IoT & smart city energy solutions

Connected devices and platforms for monitoring energy and utilities.

  1. Bluecoin IoT Solutions

    Smart workspace and building management solutions

    Facility management tech
    See in list
  2. Greenovative

    A smart sustainability platform utilizing AI, IoT, and analytics to help businesses optimise energy, water and emissions

    Energy efficiency tech
    See in list
  3. UtopiaTech

    Provider of IoT and cloud-enabled energy management software solutions

    Smart cities
    See in list
  4. Innoquad Technologies

    Provider of IoT based solutions in multi-industries

    Energy efficiency tech
    See in list
  5. Zitroen IoT

    Manufacturer of smart lights

    Energy efficiency tech
    See in list

Solar heating, HVAC & thermal energy products

Solar water heaters, boilers, HVAC and waste heat recovery equipment.

  1. Aryan Boiler

    Manufacturer of industrial boilers, sugar plants, and distilleries

    Energy efficiency tech
    See in list
  2. Sudarshan Saur

    Manufacturer of solar water heaters

    Facility management tech
    See in list
  3. Neotech

    Provider of heat pumps

    Facility management tech
    See in list
  4. Promethean Energy

    Provider of industrial thermal waste heat recovery and energy solutions

    Energy efficiency tech
    See in list
  5. Albatross Energetics

    Provider of a thermal engineering and technology company that designs and manufactures air-handling units

    Energy efficiency tech
    See in list

Energy efficiency tech startups in Maharashtra

Recently founded energy efficiency technology companies.

  1. Fsuite

    Provider of building management software solutions

    Energy efficiency tech
    See in list
  2. Albatross Energetics

    Provider of a thermal engineering and technology company that designs and manufactures air-handling units

    Energy efficiency tech
    See in list
  3. Sitepay

    Provider of subscription-based solutions for building management

    Property management tech
    See in list
  4. Lease Abstraction

    Provider of SaaS and AI-based lease abstraction platform for real estate

    Property management tech
    Website
  5. Flash Cryogenics

    Provider of cryogenic cooling solutions

    Energy efficiency tech
    Website
11 companies in Maharashtra

Energy efficiency tech companies hiring in Maharashtra

Energy efficiency technology companies with open roles right now.

  1. Argos Arkaya Power Solutions

    Lighting & renewable energy solutions

    Energy efficiency tech
    See in list
  2. Neotech

    Provider of heat pumps

    Facility management tech
    See in list
  3. Promethean Energy

    Provider of industrial thermal waste heat recovery and energy solutions

    Energy efficiency tech
    See in list
  4. Bluecoin IoT Solutions

    Smart workspace and building management solutions

    Facility management tech
    See in list
  5. UtopiaTech

    Provider of IoT and cloud-enabled energy management software solutions

    Smart cities
    See in list
13 companies in Maharashtra
Mobile reach

Top 10 energy efficiency tech apps from Maharashtra

The most-installed Android apps published by energy efficiency tech companies headquartered in Maharashtra — 197K installs between them. 15 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

AppSociety: Society Management

by AppSociety

Installs122K
Rating—
Installs, year on year+24%
Last updatedJan 2026
View on Google Play ↗
AppSociety: Society Management screenshot 1AppSociety: Society Management screenshot 2AppSociety: Society Management screenshot 3AppSociety: Society Management screenshot 4AppSociety: Society Management screenshot 5AppSociety: Society Management screenshot 6
4

Ohm Assistant

by Ohm

Installs13K
Rating—
Last updatedApr 2025
View on Google Play ↗
Ohm Assistant screenshot 1Ohm Assistant screenshot 2Ohm Assistant screenshot 3Ohm Assistant screenshot 4Ohm Assistant screenshot 5Ohm Assistant screenshot 6
5

VisiApp (Host/User App)

by VisiApp

Installs8K
Rating—
Last updatedOct 2025
View on Google Play ↗
VisiApp (Host/User App) screenshot 1VisiApp (Host/User App) screenshot 2VisiApp (Host/User App) screenshot 3VisiApp (Host/User App) screenshot 4VisiApp (Host/User App) screenshot 5VisiApp (Host/User App) screenshot 6
The business behind the activity

Energy efficiency tech financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 50 energy efficiency tech companies in Maharashtra for FY24-25 — 63 of the 121 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 68% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹784.80 cr

50 companies filing accounts

combined net profit₹37.94 cr

4.8% aggregate margin

are profitable60%

30 of 50 companies

median revenue~₹4.3 cr

the typical company

median revenue growth+20%

into FY24-25

earned by the top five68%

revenue concentration

Six-year view

Combined revenue of filing companies

₹251.70 crFY19-2041 filers
₹307.87 crFY20-2149 filers
₹476.70 crFY21-2246 filers
₹610.83 crFY22-2351 filers
₹673.41 crFY23-2451 filers
₹784.80 crFY24-2550 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 46 companies over three years

+30%
FY22-23₹585.04 cr₹34.19 cr net
FY23-24₹656.56 cr₹39.57 cr net
FY24-25₹761.26 cr₹44.26 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1619% profitable
₹1–10 cr2075% profitable
₹10–100 cr1182% profitable
₹100–1,000 cr3100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking12
0–20%11
20–50%11
50–100%6
Doubled+8

48 companies with accounts for both years; median growth +20%.

Profitability

Profit is concentrated at the top

30profitable
20loss-making
4.8%aggregate margin
1.5%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Sameer GroupSAMEER ELECTRO SYSTEMS PRIVATE LIMITED+97%₹11.25 cr
CorviCorvi Led Limited+97%₹22.46 cr
Bluecoin IoT SolutionsBLUECOIN IOT SOLUTIONS PRIVATE LIMITED+49%₹10.54 cr
eSmart Energy solutionsESMART ENERGY SOLUTIONS LIMITED+24%₹139.80 cr
Aryan BoilerARYAN BOILERS PRIVATE LIMITED+20%₹110.08 cr
NeotechNEO TECH ENERGY SYSTEMS PRIVATE LIMITED+17%₹17.38 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Sudarshan SaurSUDARSHAN SAUR SHAKTI PRIVATE LIMITED13.4%₹83.04 cr
eSmart Energy solutionsESMART ENERGY SOLUTIONS LIMITED12.5%₹139.80 cr
UniserUNISER INDUSTRIES PRIVATE LIMITED7.8%₹21.07 cr
Aryan BoilerARYAN BOILERS PRIVATE LIMITED7.5%₹110.08 cr
OnLine NetsysONLINE NETSYS (INDIA) PRIVATE LIMITED7.3%₹162.42 cr
Surmount EnergySURMOUNT ENERGY SOLUTIONS PRIVATE LIMITED6.4%₹15.78 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Energy efficiency tech24₹415.77 cr~₹6.2 cr67%5.1%
Facility management tech12₹289.92 cr~₹3.5 cr58%6.5%
Property management tech5₹37.92 cr~₹1.1 cr40%-8.4%
Leaders

Largest energy efficiency tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
OnLine NetsysONLINE NETSYS (INDIA) PRIVATE LIMITED₹162.42 cr₹11.91 cr7.3%+9%
eSmart Energy solutionsESMART ENERGY SOLUTIONS LIMITED₹139.80 cr₹17.51 cr12.5%+24%
Aryan BoilerARYAN BOILERS PRIVATE LIMITED₹110.08 cr₹8.26 cr7.5%+20%
Sudarshan SaurSUDARSHAN SAUR SHAKTI PRIVATE LIMITED₹83.04 cr₹11.11 cr13.4%+7%
Signet EnerTechSIGNET ENERTECH PRIVATE LIMITED₹40.27 cr₹71.49 lakh1.8%-20%
CorviCorvi Led Limited₹22.46 cr−₹6.26 cr-27.9%+97%
UniserUNISER INDUSTRIES PRIVATE LIMITED₹21.07 cr₹1.64 cr7.8%+5%
Vefes EngineeringVEFES ENGINEERING PRIVATE LIMITED
NeotechNEO TECH ENERGY SYSTEMS PRIVATE LIMITED₹17.38 cr₹55.14 lakh3.2%+17%
Promethean EnergyPROMETHEAN ENERGY PRIVATE LIMITED₹16.03 cr₹57.26 lakh3.6%+14%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Energy efficiency tech funding and M&A across India

246 recorded equity rounds have gone to 766 energy efficiency tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months3

US$29.97m

equity rounds, last 24 months17

US$102.52m

raised over five yearsUS$169.91m

91 rounds in India

M&A deals, India0

last 24 months

Capital by year

Equity funding into energy efficiency tech in India

amount rounds
$8.3m201824
$36m201927
$6.4m202023
$21m202125
$14m202219
$17m202317
$15m202414
$90m202515
$12m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$90.31m across 15 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$2.47m20 rounds · median US$97k
SeedUS$40.00m47 rounds · median US$208k
Series AUS$52.35m20 rounds · median US$2.65m
Series BUS$75.10m4 rounds · median US$11.05m
Where the money went · five years

Most-funded sub-sectors

Energy efficiency techUS$97.54m36 rounds · 19 companies
Iot applicationsUS$19.12m5 rounds · 1 companies
Grc softwareUS$13.98m3 rounds · 1 companies
Smart homesUS$12.36m2 rounds · 2 companies
Electric vehiclesUS$11.86m4 rounds · 1 companies
Facility management techUS$5.73m17 rounds · 7 companies
Construction techUS$3.23m6 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

Most active acquirers

    Most acquired or merged

      Each deal appears in the events strip at the top of the page.

      Energy efficiency tech funding in Maharashtra

      12 energy efficiency tech companies in Maharashtra have recorded equity funding, US$27.74m in total. Totals and round dates describe the historical record; they are not current valuations.

      Founders and momentum in Maharashtra

      Meet the people behind energy efficiency tech companies in Maharashtra. 83 of 121 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

      Explore Maharashtra energy efficiency tech companies by sub-sector

      The most common specialisations among energy efficiency tech companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

      Keep exploring energy efficiency tech in India and nearby markets.

      Coming soon