Radar · Energy Tech in Mumbai
Best Energy Tech Companies in Mumbai, India
The 208 best Energy Tech companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Tata Passenger Electric Mobility.
By Riya SenguptaFinancials
208companies tracked
$1.8Bdisclosed funding
1unicorns
55have raised
FLIAR INTELLIGENCE · ENERGY TECH × MUMBAI
Our analysis of 50 Energy Tech companies
$5.0b in tracked funding; 84% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
50companies analysed
84%cloud-native stacks
2024funding peak (by rounds)
3unicorns
2019median founding year
931kcombined LinkedIn audience
57%of audience held by top 3
7companies hiring publicly (12 mo)
Ranked: Best Energy Tech companies in Mumbai
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Employees | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Mahindra Electric Automobile 🦄 Manufacturer of electric vehicles, components, and related technology solutions 62Moat top 17%Funding top 21%Market top 23%Innovation top 28% All 11 signals ▾Moattop 17% Fundingtop 21% Markettop 23% Innovationtop 28% Patentstop 28% Fin. healthtop 29% Partnerstop 45% Talentbottom 49% Globalbottom 40% Newsbottom 24% Growthbottom 10% Moat: Top 1% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 4/10 Funding: Raised $145M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 62/100 | $19.1B FY2025 | $145M | 34 mo ago | — | 25 | — | — |
| 2 | Tata Passenger Electric Mobility Manufacturer of electric cars 79Market top 1%Growth top 14%Fin. health top 21%Funding top 24% All 5 signals ▾Markettop 1% Growthtop 14% Fin. healthtop 21% Fundingtop 24% Globalbottom 45% Market: 33,565 employees (top 1% of Electric Vehicles) · Revenue ~$1.8B Growth: Revenue +47% YoY rank vs industry peers · Fliar Intelligence Index 79/100 | $1.8B FY2025 | $955M | 40 mo ago | +47% | 33,565 | — | 4 launchs |
| 3 | GreenCell Mobility Provider of end-to-end e-mobility solutions, including electric bus operations and technology services 55News top 17%Funding top 21%Growth top 25%Moat top 27% All 11 signals ▾Newstop 17% Fundingtop 21% Growthtop 25% Moattop 27% Producttop 40% Innovationtop 43% Fin. healthtop 46% Markettop 48% Talentbottom 40% Globalbottom 39% Techbottom 21% News: 9 BI events in 12 mo (of 39 tracked, 5 types) · +350% YoY Funding: Raised $552M across 5 rounds · 5 rounds over 4 yrs (1.2/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $80M FY2025 | $552M | 4 mo ago | +32% | 11 | UbuntuNginxDigitalOcean Spaces+2 | 1 partnership · 2 awards |
| 4 | Aerem Solar financing, equipment procurement, and performance monitoring solutions 76Fin. health top 23%Growth top 27%Moat top 27%Funding top 32% All 10 signals ▾Fin. healthtop 23% Growthtop 27% Moattop 27% Fundingtop 32% Techtop 33% Talenttop 38% Producttop 47% Markettop 49% Globalbottom 39% Newsbottom 21% Fin. health: Revenue ~$33.1M (FY2024) · Net margin 9.6% Growth: Headcount 44 → 59 (+34%) across vintages · Revenue +58% YoY rank vs industry peers · Fliar Intelligence Index 76/100 | $33M FY2025 | $8M | 4 mo ago | +58% | 59 | Webflow EcommerceWebflowGSAP+20 | — |
| 5 | BGauss Manufacturer of electric scooters designed for urban and developing environments 80Market top 23%Moat top 23%Tech top 25%Fin. health top 25% All 11 signals ▾Markettop 23% Moattop 23% Techtop 25% Fin. healthtop 25% Fundingtop 34% Innovationtop 35% Growthtop 42% Producttop 47% Talentbottom 49% Globalbottom 32% Newsbottom 24% Market: 567 employees (top 3% of Electric Vehicles) · Revenue ~$28.3M Moat: Top 5% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 80/100 | $28M FY2025 | $7M | 17 mo ago | +34% | 567 567 → 499 (-12%) · sector median +45% | WordPressMySQLPHP+33 | — |
| 6 | Biofuels Junction Producer and supplier of fossil and biofuels | $14M FY2025 | $2M | 34 mo ago | +42% | 54 | WordPressMySQLPHP+17 | — |
| 7 | Ecofy Financial solutions for the electric vehicle, solar, and SME sectors 69Growth top 16%News top 19%Moat top 26%Funding top 30% All 11 signals ▾Growthtop 16% Newstop 19% Moattop 26% Fundingtop 30% Talenttop 38% Markettop 39% Fin. healthtop 42% Techtop 44% Producttop 49% Innovationbottom 40% Globalbottom 39% Growth: Headcount 119 → 208 (+75%) across vintages · Revenue +206% YoY News: 6 BI events in 12 mo (of 17 tracked, 5 types) · +200% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $13M FY2025 | $11M | 1 mo ago | +206% | 208 208 → 422 (+103%) · sector median +45% | DrupalPHPBootstrap+16 | — |
| 8 | Neuron Energy Manufacturer of lithium-ion batteries for electric vehicles and energy storage 76Fin. health top 23%Moat top 24%Growth top 27%Funding top 31% All 11 signals ▾Fin. healthtop 23% Moattop 24% Growthtop 27% Fundingtop 31% Techtop 32% Newstop 36% Markettop 38% Talenttop 38% Innovationbottom 47% Productbottom 45% Globalbottom 37% Fin. health: Revenue ~$12.6M (FY2023) · Net margin 0.7% Moat: Top 5% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 76/100 | $13M FY2025 | $5M | 10 mo ago | +68% | 56 56 → 117 (+109%) · sector median +45% | WordPressMySQLZoho+20 | 1 launch · 1 award |
| 9 | ION Energy Developer of battery intelligence platform for utility-scale energy storage systems | $8M FY2025 | $6M | 59 mo ago | +11% | 97 97 → 147 (+52%) · sector median +45% | — | — |
| 10 | Solar Ladder Provider of software for solar project management and supply procurement | $8M FY2025 | $1M | 37 mo ago | +70% | 26 26 → 28 (+8%) · sector median +45% | SanityTurbopackNode.js+14 | 4 launchs |
| 11 | Lords Automative Manufacturer of electric scooters 67Fin. health top 25%Moat top 27%Growth top 33%Market top 36% All 8 signals ▾Fin. healthtop 25% Moattop 27% Growthtop 33% Markettop 36% Talenttop 38% Fundingbottom 47% Techbottom 45% Globalbottom 37% Fin. health: Revenue ~$6.1M (FY2021) · Net margin 8.7% Moat: Top 16% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 67/100 | $6M FY2025 | — | 28 mo ago | +18% | 57 57 → 87 (+53%) · sector median +45% | WordPress Block EditorElementorCart Functionality+22 | 2 job openings · 1 internship · 2 launchs |
| 12 | Cab-eez Operator of a technology platform providing all-electric vehicle cab booking services 57Growth top 22%Innovation top 34%Moat top 35%Product top 37% All 12 signals ▾Growthtop 22% Innovationtop 34% Moattop 35% Producttop 37% Talenttop 38% Customerstop 45% Fundingtop 47% Fin. healthtop 48% Marketbottom 43% Techbottom 37% Partnersbottom 35% Globalbottom 32% Growth: Revenue +142% YoY · Web rank 10,000,000 → 50,000,000 YoY Innovation: 4 product lines rank vs industry peers · Fliar Intelligence Index 57/100 | $4M FY2025 | $5M | 17 mo ago | +142% | 17 | YouTubeBootstrapApache HTTP Server+17 | — |
| 13 | The Fuel Delivery App-based platform providing fuel delivery management solutions | $4M FY2025 | $3M | 34 mo ago | -32% | 11 11 → 12 (+9%) · sector median +45% | YouTubeBootstrapApache HTTP Server+10 | 1 partnership |
| 14 | Corvi Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing… | $3M FY2025 | $19M | 23 mo ago | +95% | 43 | WebflowCart FunctionalityUbuntu+15 | — |
| 15 | Promethean Energy Provider of industrial thermal waste heat recovery and energy solutions | $2M FY2025 | $488K | 13 mo ago | +14% | 24 | WordPress Block EditorWordPressMySQL+18 | — |
| 16 | Artha Energy Resources Platform for mapping renewable energy generation assets 48Talent top 28%Innovation top 34%Growth top 36%Product top 36% All 10 signals ▾Talenttop 28% Innovationtop 34% Growthtop 36% Producttop 36% Moattop 37% Fundingbottom 49% Techbottom 41% Marketbottom 40% Fin. healthbottom 40% Globalbottom 32% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Innovation: 5 product lines rank vs industry peers · Fliar Intelligence Index 48/100 | $887K FY2025 | $11M | 25 mo ago | +48% | 42 | PHPCodeIgniterBootstrap+12 | — |
| 17 | eBikeGo Manufacturer of electric two and three-wheeled vehicles for various applications 32Talent top 28%Tech top 32%Moat top 36%Funding bottom 49% All 10 signals ▾Talenttop 28% Techtop 32% Moattop 36% Fundingbottom 49% Marketbottom 41% Growthbottom 39% Globalbottom 39% Productbottom 39% Newsbottom 32% Fin. healthbottom 23% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Tech: 47 technologies across 4/8 capability areas · Cloud: Cloudflare, Vercel rank vs industry peers · Fliar Intelligence Index 32/100 | $617K FY2024 | $7M | 19 mo ago | -11% | — | WordPressMySQLPHP+25 | — |
| 18 | Praan Provider of air purification systems for homes, commercial, and industrial spaces | $513K FY2025 | $2M | 24 mo ago | +146% | 34 | GridsomeUbuntuElement UI+17 | — |
| 19 | Pulse Energy Platform offering for electric vehicle charger management 62Growth top 28%Tech top 28%Talent top 28%Funding top 38% All 11 signals ▾Growthtop 28% Techtop 28% Talenttop 28% Fundingtop 38% Partnerstop 45% Moattop 47% Producttop 49% Marketbottom 49% Fin. healthbottom 41% Globalbottom 32% Newsbottom 21% Growth: Web rank 5,000,000 → 1,000,000 YoY · Fresh capital in last 24 mo Tech: 34 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 62/100 | $463K FY2025 | $2M | 12 mo ago | — | — | SentryAceApexCharts.js+17 | 1 job opening |
| 20 | Nexzu Mobility Manufacturer of electric bicycles and related parts and accessories for sale 62Growth top 28%Tech top 37%Talent top 38%Fin. health top 42% All 9 signals ▾Growthtop 28% Techtop 37% Talenttop 38% Fin. healthtop 42% Moattop 45% Markettop 47% Fundingbottom 47% Globalbottom 30% Newsbottom 22% Growth: Revenue +550% YoY · Web rank 5,000,000 → 10,000,000 YoY Tech: 56 technologies across 3/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 62/100 | $454K FY2025 | $2M | 60 mo ago | +550% | 61 | Master SliderCart FunctionalityWooCommerce+39 | 1 launch |
| 21 | Digital Gorkha Cloud based visitor management system for housing societies | $448K FY2018 | $165K | 94 mo ago | +207% | 13 | — | — |
| 22 | Vajram Electric Manufacturer of electric two-wheelers, three-wheelers, smart wheelchairs, and trikes 60Growth top 25%Talent top 28%Fin. health top 46%Funding top 47% All 9 signals ▾Growthtop 25% Talenttop 28% Fin. healthtop 46% Fundingtop 47% Moattop 47% Techtop 49% Marketbottom 47% Globalbottom 30% Newsbottom 21% Growth: Headcount 9 → 34 (+278%) across vintages · Revenue +1699% YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 60/100 | $294K FY2025 | $2M | 20 mo ago | +1699% | 34 | WordPressMySQLPHP+19 | — |
| 23 | Trueno App-based platform offering electric scooter subscription services 60Growth top 5%Fin. health top 29%Moat bottom 46%Talent bottom 45% All 9 signals ▾Growthtop 5% Fin. healthtop 29% Moatbottom 46% Talentbottom 45% Productbottom 40% Marketbottom 37% Fundingbottom 35% Techbottom 34% Globalbottom 29% Growth: Revenue +149% YoY Fin. health: Revenue ~$222k (FY2023) · Net margin 9.0% rank vs industry peers · Fliar Intelligence Index 60/100 | $222K FY2025 | $89K | 37 mo ago | +149% | — | CloudflarecdnjsNetlify+7 | — |
| 24 | BrightBlu Smart electric vehicle charging solutions provider 37Talent top 28%Fin. health top 40%Tech top 42%Moat top 50% All 10 signals ▾Talenttop 28% Fin. healthtop 40% Techtop 42% Moattop 50% Fundingbottom 46% Productbottom 40% Globalbottom 37% Marketbottom 35% Growthbottom 35% Newsbottom 22% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Fin. health: Revenue ~$194k (FY2022) · Net margin 9.4% rank vs industry peers · Fliar Intelligence Index 37/100 | $194K FY2024 | $2M | 52 mo ago | — | 11 | WordPressMySQLPHP+27 | — |
| 25 | Liger Mobility Manufacture of electric scooters 60Growth top 31%Tech top 36%Fin. health top 45%Talent top 45% All 8 signals ▾Growthtop 31% Techtop 36% Fin. healthtop 45% Talenttop 45% Fundingbottom 49% Moatbottom 49% Marketbottom 42% Globalbottom 29% Growth: Revenue +35% YoY Tech: 35 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 60/100 | $163K FY2025 | $662K | 46 mo ago | +35% | 20 20 → 19 (-5%) · sector median +45% | WordPressMySQLPHP+31 | 5 job openings |
| 26 | 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 | +76% | 7 | UbuntuMUIBootstrap+13 | — |
| 27 | Living Things AI and IoT technology provide energy intelligence solutions for enterprises | $124K FY2025 | $1M | 39 mo ago | +403% | 40 40 → 64 (+60%) · sector median +45% | Node.jsRadix UITailwind CSS+14 | — |
| 28 | ProsParity Financing platform for electric mobility 35Growth top 21%Talent top 28%Funding top 44%Moat bottom 40% All 9 signals ▾Growthtop 21% Talenttop 28% Fundingtop 44% Moatbottom 40% Fin. healthbottom 39% Globalbottom 37% Techbottom 31% Newsbottom 22% Marketbottom 19% Growth: Revenue +57761% YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $123K FY2025 | $2M | 2 mo ago | +57761% | — | Tailwind CSSGSAPAmazon Web Services+7 | 7 job openings · 1 internship · 1 partnership |
| 29 | Two Point O Capital Provider of financing solutions for energy transition projects and businesses | $121K FY2025 | $6M | 20 mo ago | — | — | — | — |
| 30 | VTOL Aviation Manufacturer of unmanned aerial vehicles, subsystems, and multi-seater air taxis 40Growth top 30%Moat top 36%Funding top 43%Fin. health top 50% All 8 signals ▾Growthtop 30% Moattop 36% Fundingtop 43% Fin. healthtop 50% Talentbottom 49% Techbottom 39% Marketbottom 33% Globalbottom 30% Growth: Revenue +123% YoY · Fresh capital in last 24 mo Moat: Top 29% by revenue among 17 tracked Aerospace Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 40/100 | $120K FY2025 | $3M | 11 mo ago | +123% | 2 | Google MapsBootstrapLiteSpeed+13 | 9 launchs |
| 31 | Ossus Provider of green hydrogen production technology using industrial wastewater and bioelectrochemical systems | $119K FY2025 | $2M | 20 mo ago | -32% | 31 31 → 45 (+45%) · sector median +45% | Wix eCommerceWixSentry+12 | 3 job openings · 1 internship |
| 32 | Magnes Manufacturer of electric bicycles 16Funding bottom 46%Talent bottom 45%Moat bottom 43%Global bottom 36% All 7 signals ▾Fundingbottom 46% Talentbottom 45% Moatbottom 43% Globalbottom 36% Fin. healthbottom 34% Marketbottom 33% Techbottom 28% Funding: 1 rounds over 3 yrs (0.3/yr) · Last round Seed (May 2023) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 16/100 | $77K FY2023 | — | 37 mo ago | — | — | — | — |
| 33 | Astro Motors Manufacturers of electric three wheelers for logistics 53Growth top 14%Talent top 28%Tech top 41%Fin. health bottom 46% All 9 signals ▾Growthtop 14% Talenttop 28% Techtop 41% Fin. healthbottom 46% Fundingbottom 45% Moatbottom 41% Newsbottom 34% Globalbottom 32% Marketbottom 29% Growth: Revenue +931% YoY · Web rank 10,000,000 → 5,000,000 YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $53K FY2025 | $217K | 28 mo ago | +931% | — | WordPressMySQLPHP+30 | — |
| 34 | Albatross Energetics Provider of a thermal engineering and technology company that designs and manufactures air-handling units | $44K FY2025 | $155K | 26 mo ago | -8% | — | WebflowjsDelivrCloudflare+5 | — |
| 35 | Gegadyne Energy Developer of fast-charging battery technology for electric vehicles and grid storage | $36K FY2025 | $8M | 30 mo ago | -24% | 44 44 → 42 (-5%) · sector median +45% | WordPressApple iCloud MailMicrosoft 365+15 | — |
| 36 | WeatherCast Solutions Provider of a provider of intelligent weather and microclimate forecasting solutions that blend meteorology… | $31K FY2025 | $53K | 22 mo ago | +256% | — | Node.jsYouTubeReact+8 | 1 job opening |
| 37 | Greenie Energy Operator of electric vehicle charging station 35Growth top 21%Talent top 28%Funding top 50%Fin. health bottom 43% All 9 signals ▾Growthtop 21% Talenttop 28% Fundingtop 50% Fin. healthbottom 43% Productbottom 40% Globalbottom 32% Techbottom 30% Moatbottom 25% Marketbottom 20% Growth: Revenue +352% YoY · Fresh capital in last 24 mo Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $20K FY2025 | $682K | 21 mo ago | +352% | — | Cloudflarecdnjscore-js+6 | — |
| 38 | Accelo Developer of self-driving technologies for shuttles 14Talent top 38%Tech bottom 48%Funding bottom 42%Growth bottom 37% All 8 signals ▾Talenttop 38% Techbottom 48% Fundingbottom 42% Growthbottom 37% Globalbottom 37% Moatbottom 34% Fin. healthbottom 26% Marketbottom 21% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Tech: 14 technologies across 3/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn rank vs industry peers · Fliar Intelligence Index 14/100 | $18K FY2025 | $140K | 32 mo ago | -2% | — | — | — |
| 39 | Strom Motors Developer of electric cars 13Talent top 28%Innovation top 49%Patents top 49%Funding bottom 42% All 10 signals ▾Talenttop 28% Innovationtop 49% Patentstop 49% Fundingbottom 42% Globalbottom 42% Moatbottom 39% Techbottom 23% Newsbottom 22% Marketbottom 20% Fin. healthbottom 17% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Innovation: 3 patents (top 91% of patent-holders) · 3 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 13/100 | $16K FY2023 | $681K | 79 mo ago | — | 7 | — | — |
| 40 | ART-PV India Developer of perovskite tandem solar cell technology for clean energy 7Talent top 35%Funding top 45%Tech bottom 38%Global bottom 33% All 6 signals ▾Talenttop 35% Fundingtop 45% Techbottom 38% Globalbottom 33% Marketbottom 9% Fin. healthbottom 9% Talent: 3 named leaders on record Funding: Raised $11.3M across 4 rounds · 4 rounds over 1 yrs (4.0/yr) rank vs industry peers · Fliar Intelligence Index 7/100 | $13K FY2025 | $11M | 9 mo ago | — | — | WordPressMySQLPHP+17 | 1 internship |
| 41 | Zeuva Provider of lithium-ion battery solutions for electric vehicles 4Talent bottom 45%Tech bottom 42%Global bottom 29%Funding bottom 28% All 8 signals ▾Talentbottom 45% Techbottom 42% Globalbottom 29% Fundingbottom 28% Moatbottom 16% Marketbottom 10% Fin. healthbottom 10% Growthbottom 8% Talent: 1 named leader on record Tech: 8 technologies across 3/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn rank vs industry peers · Fliar Intelligence Index 4/100 | $2K FY2025 | $30K | 75 mo ago | -97% | — | — | — |
| 42 | Voltrez Tech Provider of lithium ion energy services | $981 FY2025 | $406K | 33 mo ago | -71% | — | — | — |
| 43 | Exchange4Solar Provider of online B2B marketplace for the solar industry | $14 FY2025 | $15K | 114 mo ago | -100% | — | — | — |
| 44 | Redcherry Provider of IoT and cloud-enabled building energy management solutions | $6 FY2025 | $30K | 94 mo ago | -100% | — | — | — |
| 45 | VIOMA MOTORS Developer of electric scooters 14Talent bottom 49%Tech bottom 48%Funding bottom 43%Global bottom 32% All 5 signals ▾Talentbottom 49% Techbottom 48% Fundingbottom 43% Globalbottom 32% Marketbottom 25% Talent: 1 named leader on record · 1 C-suite/founder profile curated Tech: 20 technologies across 3/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 14/100 | — | $415K | 40 mo ago | — | 8 | — | — |
| 46 | Biizlo App-based visitor management system for apartments and commercial facilities | — | $500K | 91 mo ago | — | — | — | — |
| 47 | Algo Engines IoT based technology solutions for wind turbines, solar plants & other IoTs | — | $10K | 119 mo ago | — | 75 | — | — |
| 48 | Two Point O Capital Financial organization focused on providing financing solutions for clean energy projects | — | $6M | 20 mo ago | — | — | WordPressMySQLPHP+17 | — |
| 49 | ACS Energy Platform offering electric vehicle charging solutions and engineering consultancy services 27Talent top 38%Funding top 48%Market bottom 37%Global bottom 37% All 4 signals ▾Talenttop 38% Fundingtop 48% Marketbottom 37% Globalbottom 37% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $124k across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 27/100 | — | $124K | 7 mo ago | — | — | — | — |
Top 12 Energy Tech companies in Mumbai
#1
Acquired · Mumbai, Maharashtra · founded 2019 · 11 employees$552.3Mraised▾
Acquired · Mumbai, Maharashtra · founded 2019 · 11 employees
Provider of end-to-end e-mobility solutions, including electric bus operations and technology services. It is an electric-bus mobility platform in India that offers end-to-end shared e-mobility solutions. They aim to integrate and create powerful connected electric vehicle technology solutions. The company primarily focuses on leveraging proven global experience to become a leading pan-India shared electric mobility player.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
News
top 17%Funding
top 21%Growth
top 25%Moat
top 27%Product
top 40%Innovation
top 43%News: 9 BI events in 12 mo (of 39 tracked, 5 types) · +350% YoY · 6 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding: Raised $552M across 5 rounds · 5 rounds over 4 yrs (1.2/yr) · Last round Conventional Debt (Jan 2026)
Growth: Revenue +32% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 38k LinkedIn followers — 4.1% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 2 awards (incl. L&T Metro Rail (Hyderabad) Ltd.) announced in 12 mo
Funding rounds
- Jan 2026Series C$89M
- Jan 2026Conventional Debt—
- Sep 2025Conventional Debt$37M
- Jul 2023Conventional Debt$365.8M
Founders & team
Investors
REC, Climate Funds Update, Asian Development Bank, AIIB, Goldman Sachs, IFC
Tech stack
Digitalocean SpacesGodaddyNginxPwaUbuntu
#2
Series B · Mumbai, Maharashtra · founded 2022 · 208 employees$10.8Mraised▾
Series B · Mumbai, Maharashtra · founded 2022 · 208 employees
Financial solutions for the electric vehicle, solar, and SME sectors. It offers funding for the full life-cycle of electric two- and three-wheelers. It provides financial products for rooftop solar installations. It offers solutions for purchasing electric scooters and bikes, featuring flexible EMIs, customizable loan tenures, digital application processes, and value-added services such as annual maintenance contracts and asset buyback options.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 16%News
top 19%Moat
top 26%Funding
top 30%Talent
top 38%Market
top 39%Growth: Headcount 119 → 208 (+75%) across vintages · Revenue +206% YoY · Web rank 5,000,000 → 1,000,000 YoY
News: 6 BI events in 12 mo (of 17 tracked, 5 types) · +200% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Moat: Top 11% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 20k LinkedIn followers — 2.1% of this cohort's audience
Funding rounds
- May 2026Conventional Debt$15M
- Mar 2026Series B$54.7M
- Mar 2025Conventional Debt$12.5M
- Jan 2024Series B$10.8M
Founders & team
Investors
FMO, Impact Fund Denmark, British International Investment, Finnfund, EverSource Capital, Mirova
Tech stack
AddtoanyAmazon SesAmazon Web ServicesAosApache Http ServerBootstrap
#3
Series A · Mumbai, Maharashtra · founded 2018 · 59 employees$8.2Mraised▾
Series A · Mumbai, Maharashtra · founded 2018 · 59 employees
Solar financing, equipment procurement, and performance monitoring solutions. It offers loan options for residential, commercial, and industrial solar projects. It provides a marketplace for solar equipment and supply chain financing. It also offers a monitoring platform for solar asset management and design support services. The platform allows stakeholders to procure solar equipment at competitive prices, streamlining the procurement process for EPCs and end-users.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Fin. health
top 23%Growth
top 27%Moat
top 27%Funding
top 32%Tech
top 33%Talent
top 38%Fin. health: Revenue ~$33.1M (FY2024) · Net margin 9.6% · Revenue +58% YoY
Growth: Headcount 44 → 59 (+34%) across vintages · Revenue +58% YoY · 1 acquisition/expansion move in 24 mo
Moat: Top 3% by revenue among 132 tracked Renewable Energy Tech companies · Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 31k LinkedIn followers — 3.3% of this cohort's audience
Funding rounds
- Jan 2026Series A$15M
- Apr 2025Conventional Debt—
- Nov 2024Series A$11.8M
- Mar 2024Seed$1.2M
Founders & team
Investors
Blume Venture, Anchorage Capital Partners, Agami Ventures, Avaana Capital Advisors, Firstport Capital, Riverwalk Holdings
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerCdnjsCloudflare
#4
Seed · Mumbai, Maharashtra · founded 2023$2Mraised▾
Seed · Mumbai, Maharashtra · founded 2023
Financing platform for electric mobility. It is building a full-stack digital financing platform to enable seamless flow of credit from lenders to individuals, fleet operators, dealers, and OEMs, driving widespread adoption of electric vehicles across Bharat for a sustainable future.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Growth
top 21%Talent
top 28%Funding
top 44%Moat
bottom 40%Fin. health
bottom 39%Global
bottom 37%Growth: Revenue +57761% YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $2.0M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Seed (Apr 2026)
Audience (LinkedIn): 4k LinkedIn followers
Hiring (LinkedIn): 7 hiring posts in 12 mo (public) · momentum +7 · hiring: Credit Underwriter, Product Manager
Activity (LinkedIn): 1 partnerships (incl. Eastman Auto & Power Limited) announced in 12 mo
Funding rounds
- Apr 2026Seed$341.8K
- May 2024Seed$2M
Founders & team
Investors
Beenext, Sparrow Capital, All In Capital, DeVC, Huddle Ventures, Z47
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAosGsapMicrosoft 365
#5
Seed · Mumbai, Maharashtra · founded 2024$11.3Mraised▾
Seed · Mumbai, Maharashtra · founded 2024
Developer of perovskite tandem solar cell technology for clean energy. The company focuses on creating stable and scalable perovskite tandems. It aims to make clean energy a standard for a sustainable world. The company utilizes advanced simulation tools for research and development in tandem cell technology.
Fliar Intelligence Index™ 7how this company ranks against its industry peers
Talent
top 35%Funding
top 45%Tech
bottom 38%Global
bottom 33%Market
bottom 9%Fin. health
bottom 9%Talent: 3 named leaders on record
Funding: Raised $11.3M across 4 rounds · 4 rounds over 1 yrs (4.0/yr) · Last round Seed (Aug 2025)
Tech: 20 technologies across 2/8 capability areas · Cloud: Cloudflare · Security: Http/3, Recaptcha
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
- Aug 2025Seed$1.1M
- Jul 2025Seed$145.7K
- Mar 2025Angel$42.3K
- Feb 2025Grant (prize money)$10M
Founders & team
Investors
Mnre, SINE, Aarem Ventures
Tech stack
CloudflareCloudflare Browser InsightsContact Form 7Core-JsGoogle Font ApiGsap
#6
Series A · Mumbai, Maharashtra · founded 2018 · 56 employees$4.8Mraised▾
Series A · Mumbai, Maharashtra · founded 2018 · 56 employees
Manufacturer of lithium-ion batteries for electric vehicles and energy storage. The company provides batteries for two-wheelers, three-wheelers, light commercial vehicles, and e-tractors. It also offers custom battery packs for industrial and renewable energy applications. The company’s batteries feature battery management systems, thermal protection, and safety protocols.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Fin. health
top 23%Moat
top 24%Growth
top 27%Funding
top 31%Tech
top 32%News
top 36%Fin. health: Revenue ~$12.6M (FY2023) · Net margin 0.7% · Revenue +68% YoY
Moat: Top 5% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Growth: Headcount 35 → 56 (+60%) across vintages · Revenue +68% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 12k LinkedIn followers
Activity (LinkedIn): 1 product launches · 1 awards announced in 12 mo
Funding rounds
- Aug 2025Series A$3.5M
- Jun 2025Series A$695.5K
- Aug 2024Series A$2.4M
- May 2023Seed$3M
Founders & team
Investors
Equanimity Investments, Rajiv Dadlani Group, Chona Family Office, Kayenne Ventures, NISA Family Trust, Laxmi Investments
Tech stack
BootstrapCdnjsCloudflareFont AwesomeGoogle AnalyticsGoogle Cloud
#7
Series D · Mumbai, Maharashtra · founded 2021 · 33565 employees$955.4Mraised▾
Series D · Mumbai, Maharashtra · founded 2021 · 33565 employees
Manufacturer of electric cars
Fliar Intelligence Index™ 79how this company ranks against its industry peers
Market
top 1%Growth
top 14%Fin. health
top 21%Funding
top 24%Global
bottom 45%Market: 33,565 employees (top 1% of Electric Vehicles) · Revenue ~$1.8B · ~14% of tracked Electric Vehicles revenue (625 cos, FY2025)
Growth: Revenue +47% YoY
Fin. health: Revenue ~$1.8B (FY2024) · Net margin 1.1% · Revenue +47% YoY
Audience (LinkedIn): 369k LinkedIn followers — 39.7% of this cohort's audience
Activity (LinkedIn): 4 product launches announced in 12 mo
Funding rounds
- Jan 2023Series D$459.8M
- Mar 2022Series D$495.7M
Investors
The Rise Fund
#8
Seed · Mumbai, Maharashtra · founded 2017 · 2 employees$3.1Mraised▾
Seed · Mumbai, Maharashtra · founded 2017 · 2 employees
Manufacturer of unmanned aerial vehicles, subsystems, and multi-seater air taxis. The company focuses on design, development, and manufacturing for defense and civil applications. It offers solutions for aerial mapping, infrastructure inspection, environmental management, and disaster response. The company also provides drones for mining, geological surveys, asset monitoring, and facility monitoring.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Growth
top 30%Moat
top 36%Funding
top 43%Fin. health
top 50%Talent
bottom 49%Tech
bottom 39%Growth: Revenue +123% YoY · Fresh capital in last 24 mo
Moat: Top 29% by revenue among 17 tracked Aerospace Tech companies · Editorial + unicorn rating 4/10
Funding: Raised $3.1M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Angel (Jul 2025)
Audience (LinkedIn): 13k LinkedIn followers
Activity (LinkedIn): 9 product launches announced in 12 mo
Funding rounds
- Jul 2025Angel$3.1M
Founders & team
Investors
Trancemarine and Confreight Logistics
Tech stack
BootstrapFont AwesomeGoogle AnalyticsGoogle Font ApiGoogle MapsGoogle Tag Manager
#9
Series A · Mumbai, Maharashtra · founded 2020 · 567 employees$7.3Mraised▾
Series A · Mumbai, Maharashtra · founded 2020 · 567 employees
Manufacturer of electric scooters designed for urban and developing environments. The company focuses on electric automobiles with fluid designs and quick charging capabilities. These vehicles offer ease, comfort, low maintenance, and power. The company aims to provide sensible and efficient products enhanced by technology and innovation.
Fliar Intelligence Index™ 80how this company ranks against its industry peers
Market
top 23%Moat
top 23%Tech
top 25%Fin. health
top 25%Funding
top 34%Innovation
top 35%Market: 567 employees (top 3% of Electric Vehicles) · Revenue ~$28.3M · Top 5% by revenue among 625 tracked Electric Vehicles peers
Moat: Top 5% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Tech: 57 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services · Devops: Nginx
Audience (LinkedIn): 14k LinkedIn followers
Funding rounds
- Jan 2025Series A$19M
- Jul 2024Series A$4.8M
- Apr 2022Series A$7.3M
Founders & team
Investors
RR Global, Adesh Realtor, Integrated Public Safety Systems, Blendarth Enterprises, Shemaak Enterprises, Tejsar Enterprise
Tech stack
All In One SeoApache Http ServerBootstrapCloudflareCloudflare Browser InsightsContact Form 7
#10
Series A · Mumbai, Maharashtra · founded 2019 · 17 employees$4.9Mraised▾
Series A · Mumbai, Maharashtra · founded 2019 · 17 employees
Operator of a technology platform providing all-electric vehicle cab booking services. The platform supports mobile-based online booking for local, inter-city, rentals, and customized trips. It offers services for commuting and aims to contribute to electric mobility adoption. The platform facilitates access to electric vehicles for various transportation needs.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Growth
top 22%Innovation
top 34%Moat
top 35%Product
top 37%Talent
top 38%Customers
top 45%Growth: Revenue +142% YoY · Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo
Innovation: 4 product lines
Moat: Top 20% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
Funding rounds
- Jan 2025Series A$467.2K
- Jul 2024Series A$1.3M
- Mar 2024Series A$322.4K
- Mar 2023Series A$2.4M
Founders & team
Investors
Uneqty, Elluminati Ventures, SiriusOne, Ruchirealty, Vyas Family, Newageintermediaries
Tech stack
AosBootstrapCdnjsCloudflareFancyboxFont Awesome
#11
Seed · Mumbai, Maharashtra · founded 2019$7.2Mraised▾
Seed · Mumbai, Maharashtra · founded 2019
Manufacturer of electric two and three-wheeled vehicles for various applications. The company provides electric vehicles designed for lifestyle and custom-built purposes. These vehicles include options for cargo, medical, military, and police applications. The company focuses on creating electric mobility solutions.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Talent
top 28%Tech
top 32%Moat
top 36%Funding
bottom 49%Market
bottom 41%Growth
bottom 39%Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Tech: 47 technologies across 4/8 capability areas · Cloud: Cloudflare, Vercel · Security: Cloudflare Bot Management, Hsts
Moat: Top 32% by revenue among 458 tracked Road Transport Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 23k LinkedIn followers — 2.5% of this cohort's audience
Hiring (LinkedIn): 9 hiring posts in 12 mo (public) · hiring: Senior Key Account Manager, Graphic Designer
Funding rounds
- Oct 2024Angel$76K
- Mar 2022Seed$3.5M
- Apr 2021Seed$1.4M
- Mar 2021Angel$196.3K
Founders & team
Investors
Al Tebah, Muscat, Cheque1 Ventures, GreenOstore Global, Sksglochem, Startup Buddy
Tech stack
AstraBootstrapCdnjsChart.JsCloudflareCloudflare Bot Management
#12
Series B · Mumbai, Maharashtra · founded 2012 · 43 employees$18.7Mraised▾
Series B · Mumbai, Maharashtra · founded 2012 · 43 employees
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.
Funding rounds
- Jun 2024Series B$8M
- Jul 2017Series A$10M
- Oct 2016Angel$747.5K
Founders & team
Investors
Hero Enterprise, Enam Holdings, Dhoot Instruments
Tech stack
Animate.CssApache Http ServerCart FunctionalityCdnjsCloudflareGoogle Analytics
Funding & investor landscape
$1.8Btotal disclosed funding
48companies funded
149disclosed rounds
2rounds last 90 days
Most active investors
Notable founders
Devendra Chawla
CEO & Managing Director · GreenCell Mobility
Rajashree Nambiar
Co-founder · Ecofy
Govind Sankaranarayanan
Co-Founder & COO · Ecofy
Anand Jain
Co-Founder & CEO · Aerem
Vikesh Agrawal
Co-Founder & COO · Aerem
Jitendra Sharma
Co-Founder & Business Head · ProsParity
Hakam Dhakar
Co-Founder & Business Head · ProsParity
M.S Unnikrishnan
CEO · ART-PV India
Nitika S
Co-Founder · ART-PV India
Pratik Kamdar
Co-Founder & CEO & MD · Neuron Energy
Raj Shah
Co-Founder · Neuron Energy
Kalyan Chowdhury
Founder & MD · VTOL Aviation
Prism market signals · India · country-scoped Prism corpus, 670,107 docs
Market landscape — 10 sub-themes by coverage
Share of Energy Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH IN MUMBAI · Energy
How research on Energy Storage in Mumbai is moving
A read on the academic research around Energy Storage in Mumbai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 140 papers.
IIT Bombay, HOMI Bhabha, and BARC lead Mumbai's optimistic energy-storage research, focusing dominantly on advanced battery materials and supercapacitors with breakthrough-oriented momentum.
140 papers · stance +0.57 · 33% breakthrough · 7% concern
top institutions
- Indian Institute of Technology Bombay57
- Homi Bhabha National Institute35
- Bhabha Atomic Research Centre25
- Korea Research Institute of Chemical Technology16
- Institute of Chemical Technology10
leading researchers
Sudip Barman · Harishchandra S. Nishad · Prajnashree Panda · Rajib Samanta · Suryanarayana Doolla · Venkatasailanathan Ramadesigan
prism intelligence · tone & topics
96% positive · 1% critical tone
BusinessMaterials ScienceElectronicsAutomotiveEnvironmentTransportation
▲
Breakthroughs42 · 30%
▲ 29%→31% share
▲1.1× share momentum0 median citations95% since 2021mostly methods-led
Supercapacitor breakthroughs are surging — papers rose from 1 to 17, with Capacitance emerging as a brand-new focus (13 papers).
rising sub-themes (early→recent)
- Supercapacitor1→17
- Graphene1→4
Newly emergingCapacitance 0→13 · Electrolyte 0→9 · Battery (electricity) 0→6
Landmark Highly Active 2D Layered MoS 2 -rGO Hybrids for Energy Conversion and Storage Applications · 185 cites
◆
Advancements77 · 55%
▼ 57%→54% share
▼0.9× share momentum1 median citations91% since 2021mostly methods-led
Electrode advancement research intensified — papers grew from 1 to 11, alongside newly emerging Graphene and Electrochemistry advancements (9 each).
rising sub-themes (early→recent)
- Supercapacitor1→12
- Electrode1→11
- Renewable energy2→7
- Electrical engineering1→6
- Nanotechnology1→6
Newly emergingBattery (electricity) 0→10 · Graphene 0→9 · Electrochemistry 0→9
Landmark Multiagent-Based Distributed-Energy-Resource Management for Intelligent Microgrids · 394 cites
▼
Concerns9 · 6%
▲ 0%→7% share
5 median citations100% since 2021mostly reviews
Supercapacitor and Battery concerns are newly emerging — field-share rose from 0% to 7% across 140 papers.
rising sub-themes (early→recent)
- Supercapacitor4
- Battery (electricity)3
- Electricity2
- Renewable energy2
- Flammable liquid1
Newly emergingSupercapacitor 0→4 · Battery (electricity) 0→3
Landmark Comprehensive Review on Bimetallic (Ni and Co)-Chalcogenides and Phosphides with Three-Dimensional Architecture for Hybr · 37 cites
PATENT MOMENTUM · Mumbai
Who's building energy storage IP in Mumbai
Tata Passenger Electric Mobility dominates Mumbai's energy-storage patents with 6 of 7 filings, and activity is clearly rising, with battery-focused patents accelerating into 2025.
7 patents2 companiespeak 3/yr100% electric (recent)
filing momentum (YoY)
tech mix (2014-19 → 2020-25)
electric / battery0→4 ▲
ADAS / autonomous0→0
ICE powertrain0→0
chassis / safety0→0
top patenters
- Tata Passenger Electric Mobility6Mumbai
- Tata Motors1Mumbai
Common questions
How many Energy Tech companies are there in Mumbai, India?
Radar tracks 208 indexable Energy Tech companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Energy Tech companies in Mumbai, India?
The Energy Tech companies in Mumbai, India on this list have raised a combined $1.8B in disclosed equity funding across 48 funded companies.
Which is the highest-funded Energy Tech company in Mumbai, India?
Tata Passenger Electric Mobility is the highest-funded Energy Tech company in Mumbai, India, with $955.4M in disclosed equity funding.
How many Energy Tech companies in Mumbai, India are funded?
48 of the 208 Energy Tech companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Energy Tech unicorns are there in Mumbai, India?
1 Energy Tech company in Mumbai, India on this list is valued at $1B or more.
Who are the top investors in Mumbai, India Energy Tech companies?
The most active investors in Mumbai, India Energy Tech companies on this list include SINE, Social Alpha, British International Investment, 100Unicorns, AIM Smart City Accelerator.
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.