Best Energy Efficiency Tech Companies in Mumbai, India
The 64 best Energy Efficiency Tech companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Corvi.
Our analysis of 50 Energy Efficiency Tech companies
$7.8b in tracked funding; 86% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy Efficiency Tech companies in Mumbai
| # | Company | Revenue | Disclosed funding | Last round | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | OnLine Netsys Provider of energy and power management solutions for data centers | $19M FY2025 | — | — | — | 1996 | Nailesh Gada Founder & CEO & Managing Director | 1 launch |
| 2 | eSmart Energy solutions Provider of technology-based energy-saving lighting products | $13M FY2023 | — | — | 187 | 1969 | Suresh H Shah Founder | — |
| 3 | Indiabulls LED Provider of efficient lighting fixtures and control devices | $7M FY2024 | — | — | — | 2000 | Sameer Gehlaut Founder & Chairman | — |
| 4 | Signet EnerTech Provider of environmental and energy conservation solutions | $5M FY2025 | — | — | — | 2011 | — | — |
| 5 | Corvi Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing… | $3M FY2025 | $19M | 24 mo ago | 43 | 2012 | Bhakti Soni Co-Founder | — |
| 6 | Argos Arkaya Power Solutions Lighting & renewable energy solutions | $3M FY2023 | — | — | 26 | 2016 | Umang Golechha Founder & CEO | — |
| 7 | Neotech Provider of heat pumps | $2M FY2025 | — | — | — | 2002 | Nishith Shah Managing Director | — |
| 8 | Promethean Energy Provider of industrial thermal waste heat recovery and energy solutions | $2M FY2025 | $488K | 13 mo ago | 24 | 2014 | Ashwin P Co-Founder & CEO | — |
| 9 | BuildTrack Automation and surveillance products for homes, workplace, communities | $2M FY2025 | — | — | 111 | 2011 | Narendra Bhat Founder & President | — |
| 10 | Nirvana Lighting Provider of LED lighting products | $1M FY2025 | — | — | 22 | 2011 | Darshit Sheth CEO & MD | — |
| 11 | Elconn Provider of building energy management solutions for commercial spaces | $1M FY2025 | — | — | — | 2007 | Sujat faxwala Managing Director | — |
| 12 | BuildINT Energy management solution provider for commercial buildings | $669K FY2025 | — | — | — | 2019 | Amit Rai Managing Director | — |
| 13 | Praan Provider of air purification systems for homes, commercial, and industrial spaces | $513K FY2025 | $2M | 24 mo ago | 34 | 2017 | Angad Daryani CEO | — |
| 14 | Eins Cloud-based user managed access management software provider | $488K FY2025 | — | — | 19 19 → 24 (+26%) | 2008 | — | — |
| 15 | Digital Gorkha Cloud based visitor management system for housing societies | $448K FY2018 | $165K | 94 mo ago | 13 | 2015 | Bhagwan Gangaram Kshirsagar Co-Founder | — |
| 16 | Innoquad Technologies Provider of IoT based solutions in multi-industries | $367K FY2024 | — | — | 10 | 2017 | Hetul Patel Founder & CEO | — |
| 17 | Fox Domotics Lighting control systems and hotel automation systems | $247K FY2025 | — | — | — | 2005 | Sikander Manihar CEO & Director | — |
| 18 | Enetech Energy Managers Provider of energy management and monitoring solutions | $226K FY2019 | — | — | — | 2009 | Manoj Balakrishnan CEO & MD | — |
| 19 | SustLabs Provider of IoT-based energy consumption monitoring solutions 29Growth top 24%Talent top 38%Funding bottom 49%Tech bottom 43% All 8 signals ▾Growthtop 24% Talenttop 38% Fundingbottom 49% Techbottom 43% Moatbottom 42% Globalbottom 37% Fin. healthbottom 35% Marketbottom 14% Growth: Revenue +76% YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 29/100 | $157K FY2025 | $522K | 14 mo ago | 7 | 2016 | Soumya Bhattacharya Co-Founder & CTO | — |
| 20 | Ohm Provider of solutions to monitor home appliances | $157K FY2025 | — | — | 7 | 2019 | Kaushik Bose Co-Founder | — |
| 21 | LIGHT AND MAGIC Automation solutions provider | $138K FY2018 | — | — | — | 2011 | Mihir Shah Managing Director | — |
| 22 | Living Things AI and IoT technology provide energy intelligence solutions for enterprises | $124K FY2025 | $1M | 39 mo ago | 40 40 → 64 (+60%) | 2019 | Tushar Jagadale Co-Founder & Head of Data Science | — |
| 23 | Ushva Electricity generation using wind and solar energy | $113K FY2022 | — | 76 mo ago | 17 | 2015 | Ashutosh Kumar Co-Founder & CEO | — |
| 24 | MAXLIT Manufacturer of LED lights | $84K FY2025 | — | — | — | 2009 | Prashant Menon Owner & CEO | — |
| 25 | Albatross Energetics Provider of a thermal engineering and technology company that designs and manufactures air-handling units | $44K FY2025 | $155K | 27 mo ago | — | 2021 | Sudarsan S Co-Founder & CEO | — |
Top 10 Energy Efficiency Tech companies in Mumbai
#1
Seed · Mumbai, Maharashtra · founded 2016 · 7 employees$521.5Kraised▾
Provider of IoT-based energy consumption monitoring solutions. Its solution is designed to help households and small offices track and optimize their energy usage. Its product, Ohm, provides real-time insights into energy consumption patterns, enabling users to make informed decisions to reduce their energy footprint. With a focus on sustainability, It aims to empower individuals and organizations to adopt energy-efficient practices and contribute to a more environmentally friendly future. It helps businesses with informed energy management decisions.
- Apr 2025Seed$1.2M
- Mar 2024Seed$251.6K
- Dec 2023Grant (prize money)—
- Mar 2023Seed$120.5K
#2
Series B · Mumbai, Maharashtra · founded 2012 · 43 employees$18.7Mraised▾
Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing processes. They provide products like tube lights,down lights,flat lights,surface lights,spot lights. They uses 3d printing technology and digital simulations to develop new products.
- Jun 2024Series B$8M
- Jul 2017Series A$10M
- Oct 2016Angel$747.5K
#3
Seed · Mumbai, Maharashtra · founded 2014 · 24 employees$488.4Kraised▾
Provider of industrial thermal waste heat recovery and energy solutions. The company offers internet-of-things enabled heat recovery systems for industrial applications. Product lines include heat recovery from air compressors, flue gases, and chillers. They also provide effluent heat recovery and high-temperature heat pumps. Custom heat recovery systems are available for specific industrial needs.
- May 2025Seed$2M
- Dec 2016Seed$488.4K
#4
Seed · Mumbai, Maharashtra · founded 2017 · 34 employees$1.6Mraised▾
Provider of air purification systems for homes, commercial, and industrial spaces. The company offers products designed for both residential and commercial use. It focuses on improving air quality in various environments. The company also provides solutions for industrial applications.
- Jun 2024Seed—
- Mar 2022Seed—
- Jan 2022Seed$1.6M
#5
Seed · Mumbai, Maharashtra · founded 2019 · 40 employees$1.1Mraised▾
AI and IoT technology provide energy intelligence solutions for enterprises. It helps businesses reduce electricity use, especially for air conditioning, and verify savings through utility bills. It integrates with the existing infrastructure to automate operational decisions and analyze utility billing information. The system provides visibility into energy performance to facilitate adjustments to power consumption. It monitors and controls electrical assets to regulate usage patterns.
- Mar 2023Seed$855.1K
- Nov 2022Angel$103.8K
- May 2022Angel$16.4K
- Sep 2021Grant (prize money)—
#6
Seed · Mumbai, Maharashtra · founded 2021$155.4Kraised▾
Provider of a thermal engineering and technology company that designs and manufactures air-handling units. It redefines cooling with smarter, more efficient solutions. Its innovative solutions aim to enhance energy efficiency and indoor air quality, making it a key player in the HVAC industry. It provides energy-efficient industrial and commercial air conditioners.
- Mar 2024Seed$118.9K
- May 2023Seed$36.5K
#7
Seed · Mumbai, Maharashtra · founded 2017$500Kraised▾
Biizlo is an app-based security & visitor management system for apartments and commercial facilities. The platform features include intercom systems, visitor log management, import contacts, panic alerts, digital notice boards, biometric recognition, and more. The company's clientele includes DLH, EkTA, Runwal, Lodha, Ashar, and Hetali among others.
- Nov 2018Angel$500K
#8
Seed · Mumbai, Maharashtra · founded 2015 · 13 employees$165Kraised▾
Digital Gorkha is a web-based visitor management platform that enables housing societies to set up a visitor logging system and tracks visitor traffic. Offers a photo capture option for visitors, visitor arrival notifications via SMS & email and enable 2-way communication, automatic message forwarding to notify another contact about guests. Custom visitor badges are a few of the offerings.
- Aug 2018Angel$14.5K
- Nov 2017Angel$79.7K
- Dec 2016Seed$71.9K
- Mar 2015Angel$165K
#9
Seed · Mumbai, Maharashtra · founded 2015$29.6Kraised▾
Provider of IoT and cloud-enabled building energy management solutions. It offers an IoT platform consisting of integrated hardware, software, and scientific analysis to provide data visibility & asset optimization across the enterprise. Its product includes a wireless sensor network that communicates with the gateways via different communication modules. Offerings include free data analysis of existing data, a standard offering for small to medium companies, a standard offering for large companies, and a customized offering.
- Aug 2018Seed$14.6K
- Feb 2017Seed$15K
#10
Seed · Mumbai, Maharashtra · founded 2015 · 17 employees—raised▾
Ushva offers solar home appliances and solar water pumps for agricultural purpose. The company has also developed a portable laptop/mobile charger that converts wind energy to electricity.
- Feb 2020Angel—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy Efficiency Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Mumbai researches in energy efficiency
- Indian Institute of Technology Bombay18
- Korea Research Institute of Chemical Technology7
- University of Mumbai4
- Homi Bhabha National Institute3
- Bhabha Atomic Research Centre2
Common questions
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.