Company lists
The Rajasthan edition · 2026

Energy techcompanies in Rajasthan

EV makers, charging & batteries, energy efficiency, solar & renewable, smart grid and more: the companies building energy tech in Rajasthan, with their founders, funding, team size and business models.

75 company profiles23 with reported revenue6 with recorded fundingOctober 2026 edition
Rajasthan · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent energy tech business events in India

Funding, M&A, contract wins and launches involving 4,036 energy tech companies in India, last 24 months: 163 funding rounds · 129 Contracts · 70 M&A deals · 67 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Adani energy solutions acquires IntelliSmart Infrastructure

Adani Energy Solutions (AESL) has signed a binding securities purchase and subscription agreement to acquire 100% of the equity in smart metering company IntelliSmart Infrastructure.

Smart Metering
ContractService

Lohum · client: Hindustan copper

Hindustan Copper Limited (HCL) has awarded LOHUM the rights to restart, upgrade, and maintain the 50,000 tonne-per-annum Copper Project at Jhagadia, Gujarat, under a 20-year…

Copper
FundingSeries A

Tiea connectors

Tiea Connectors also stood out with Rs. 77 crore in Series A funding led by IvyCap Ventures. Jamwant Ventures, 8X Ventures and HNI angel investors also joined the round.

Investors Ivycap ventures, Jamwant Ventures, 8x ventures, HNI angel investors
High-performance connectors / deeptech
FundingInvestment

Olectra greentech

OLECTRA GREENTECH is lining up a fresh investment of nearly ₹700 crore as it looks to deepen localisation, expand its electric bus and truck portfolio.

Electric commercial vehicle
FundingQualified Institutions Placement

Ola electric

Ola Electric Mobility Limited announced today, June 1, 2026, that its Fund Raising Committee has approved the opening of a qualified institutions placement of equity shares.

M&AAcquisition · Announced

Kpit technologies acquires Cymotive

KPIT Technologies ... announced that it has entered into an agreement to acquire a majority stake (subject to achievement of specific milestones) in Cymotive, a leading automotive…

Automotive cybersecurity
M&AAcquisition · Announced

Kpit technologies acquires Maj Jorites Tech

KPIT Technologies announced on Wednesday that it is acquiring Maj Jorites Tech from Israeli firm Symotive to strengthen its capabilities in AI-based automotive cybersecurity.

AI-based automotive cybersecurity
Funding

River

Electric vehicle startup River is in talks to raise approximately $100 million in fresh funding, marking its largest capital infusion since its founding in 2021.

Investors Anicut capital, Claypond Capital, Elev8 venture partners
Electric Vehicle
M&AAcquisition · Completed

Inox Clean Energy acquires Vibrant energy

Inox Clean Energy Limited has completed the acquisition of Vibrant Energy, a Macquarie-backed renewable independent power producer focused on the commercial and industrial (C&I) segment.…

Renewable independent power producer
FundingSeries B

Kimbal

Energy engineering company Kimbal Pvt Ltd on Thursday raised $22 million in a Series B funding round, led by sustainability-focused private equity firm, GEF Capital Partners.

Energy Engineering
FundingDebt financing

Battery smart

Battery Smart, India's leading EV battery swapping provider, has raised $15 million in debt financing. The funding round was led by Mirova, a French asset management firm focused on…

Investors Mirova
EV battery swapping
FundingMinority investment

Algo8

Chemelex has announced a minority investment in Algo8 to accelerate the adoption of artificial intelligence in manufacturing processes.

Investors Chemelex
Artificial intelligence, data analytics, and digital transformation solutions for enterprises
M&AAcquisition · Announced

Inox Clean Energy acquires Boviet solar

Inox Clean Energy is set to acquire Boviet Solar in a deal that could assign an enterprise value of about $750 million (around Rs 7,000 crore) to the San Jose, California-headquartered…

Solar Energy
ContractSupply

Emni · client: Advantex Battery

EMNI announced on April 21 that it has signed a lithium‑ion cell supply contract ... with ADVANTEX Battery.

Battery
Funding

Sarla Aviation

Sarla Aviation and IndiGo have announced a strategic equity investment of ₹10 crore by IndiGo Ventures in Sarla Aviation.

Investors IndiGo Ventures
EVTOL, Urban Air Mobility
ContractService

Sterling and wilson renewable energy · client: Coal india

The company said it has been declared the L1 bidder for a turnkey EPC package from Coal India for the development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan.…

Renewable Energy
FundingParent company guarantee

Sterling and wilson renewable energy

Sterling and Wilson Renewable Energy Limited has issued a USD 34 million parent company guarantee in favour of Nedbank Limited to secure an additional working capital facility for…

Investors Nedbank
Solar power
FundingSeries A

Nawgati

Nawgati, India's leading fuel-tech company, is in advanced discussions to raise $5.2 million in its upcoming Series A funding round, with the company's valuation expected to…

Fuel-tech, mobility
ContractSupply

Citroën · client: Cab-e

Citroën has signed a Memorandum of Understanding (MoU) with urban e-mobility firm Cab-E, to introduce over 2000 Citroën ë-C3 EVs in Cab-E’s fleet in the Mumbai and Pune region, this year.

Contract

Ashok leyland · client: Switch mobility

Ashok Leyland is also expected to invest up to $ 200 million (Rs 1,480 crore) in Switch Mobility of which $ 130 million (Rs 962 crore) has already been invested in the entity.

E-mobility
LaunchOtua

Dandera ventures

EV start-up Dandera Ventures today launched Otua, an electric three-wheeler designed for cargo transportation.

Electric three-wheeler
LaunchHiLoad EV

Euler motors

Electric commercial vehicle company Euler Motors today launched its first cargo three-wheeler, the HiLoad EV.

Electric commercial vehicle
Launch

Bijliride

Bijliride has introduced a software-as-a-service platform designed to help enterprises manage electric vehicle fleets, marking the startup's expansion into B2B technology solutions.

Fleet management
LaunchGreaves Eltra cargo e-three-wheeler

Greaves electric mobility

Greaves Electric Mobility has launched its latest three-wheeler, the Greaves Eltra cargo model targeted at last-mile logistics providers.

LaunchELCV

E-Trio

Telengana-based electric vehicle start-up e-Trio today launched India’s first certified retrofitted electric light commercial vehicle (eLCV).

Electric Light Commercial Vehicle
Funding

Octobotics

Deals in 2026 so far include $28 million funding for Unbox Robotics, apart from investments in robotics hardware startup Armatrix as well as robotics inspection and maintenance company…

Robotics
LaunchKinetic DX

Kinetic group

The launch of the Kinetic DX in the two‑wheeler EV segment is the most visible marker of this shift.

Two‑wheeler EV
ContractSupply

Olectra greentech · client: Brihan Mumbai Electric Supply & Transport Undertaking (BEST)

Olectra Greentech Ltd has been awarded a contract from Brihan Mumbai Electric Supply & Transport Undertaking (BEST) for supply of 2,400 electric buses.

Funding

Euler motors

Last month, electric commercial vehicle maker Euler Motors also raised ₹437.5 Cr in a round led by Lightrock, with participation from existing investors Hero MotoCorp and Blume Ventures.

Energy tech companies in Rajasthan, by revenue

Browse energy tech companies in Rajasthan by reported revenue, one-year revenue growth, revenue model, age and stage. The 23 companies below are the largest by their most recent reported revenue among 23 energy tech companies in Rajasthan that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 23 of 23

Provider of smart metering products for the electricity and gas industries

Facility management tech
₹2,819.82 crFY 2024-25
+14%2024–2025
3,926LinkedIn · Jul 2026
39 yr1987
6postings · last posted Sep 2026

Manufacturer of smart meters, hybrid microcircuits, and power distribution management

Smart grid
₹2,524.59 crFY 2024-25
+98%2024–2025
4,017+65% 12 mo to Mar 2024LinkedIn · Oct 2026
34 yr1992
0none in 3 months · last posted Jul 2026

Manufacturer of various lighting products including downlights, spotlights, and track lights

Energy efficiency tech
₹59.30 crFY 2024-25
+6%2024–2025
25LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Manufacturer of electric scooters designed for urban commuting and personal transport

Electric vehicles
₹51.40 crFY 2024-25
-50%2024–2025
29+3% 12 mo to Sep 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months

Manufacturer of gas meters for residential, commercial, and industrial applications

Smart grid
₹40.82 crFY 2024-25
-3%2024–2025
—Not available
6 yr2020
0none in 3 months

Manufacturer of electric scooters

Electric vehicles
₹40.27 crFY 2024-25
+21%2024–2025
—Not available
5 yr2021
0none in 3 months

Platform offering alternative financing solutions for electric vehicles

Alternative lending
₹21.81 crFY 2024-25
+60%2024–2025
170+77% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
3postings · last posted Sep 2026

Manufacturer of electric motorcycles

Electric vehicles
₹19.30 crFY 2024-25
-66%2024–2025
95-43% 12 mo to Jul 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Manufacturer of lithium batteries

Energy storage tech
₹8.40 crFY 2024-25
+15%2024–2025
9LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of electric scooters and motorcycles

Electric vehicles
₹6.60 crFY 2024-25
+20%2024–2025
3LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Operator of electric vehicle charging stations and related charging products

Electric vehicles
₹2.75 crFY 2024-25
+35%2024–2025
14LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Manufacturer of bladeless ceiling fans with integrated air purification and lighting

Energy efficiency tech
₹2.24 crFY 2024-25
+123%2024–2025
25LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of electric vehicle charging management software and related solutions

Energy storage tech
₹1.11 crFY 2024-25
+102%2024–2025
18LinkedIn · Jul 2026
4 yr2022
1postings · last posted Aug 2026

Provider of solar power plant monitoring solutions

Renewable energy tech
₹87.62 lakhFY 2024-25
+159%2024–2025
2LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of cloud-based energy metering solutions

Smart cities
₹60.26 lakhFY 2024-25
+815%2024–2025
—Not available
6 yr2020
0none in 3 months

Provider of eco‑friendly, aloe‑vera‑based primary batteries

Energy storage tech
₹27.61 lakhFY 2024-25
Not reported
21LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Apr 2026

Provider of green building certifications and other energy efficiency solutions

Energy efficiency tech
₹27.02 lakhFY 2024-25
-2%2024–2025
—Not available
13 yr2013
0none in 3 months

Developer of electric motorbikes

Electric vehicles
₹9.39 lakhFY 2024-25
-57%2024–2025
2LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Online platform offering electric vehicle charging infrastructure solutions

Electric vehicles
₹8.13 lakhFY 2021-22
Not reported
2LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Manufacturer of solar shades and thermal radiant heat barrier products

Energy efficiency tech
₹2.63 lakhFY 2022-23
Not reported
6LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Manufacturer of electric motorcycles

Electric vehicles
₹2.47 lakhFY 2024-25
Not reported
—Not available
3 yr2023
0none in 3 months

Provider of cloud-based fuel station management solutions

Oil & gas tech
₹0.20 lakhFY 2024-25
Not reported
6LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Charging management system for EV station operators

Electric vehicles
₹0.02 lakhFY 2022-23
Not reported
4LinkedIn · Jul 2026
5 yr2021
0none in 3 months
23 of 75 companies shown here · the full list is on Radar
Fliar Radar

Explore all 75 energy tech companies in Rajasthan on Radar

This page shows the top 23. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 75 energy tech companies in Rajasthan, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore energy tech companies in Rajasthan by what you are looking for

Browse energy technology companies in Rajasthan, from EV makers and charging networks to smart meters and solar monitoring. Find top energy tech companies and energy tech startups in Rajasthan in one place.

8 ways to explore energy tech in Rajasthan

Electric vehicle & scooter manufacturersEV charging & battery storage companiesEnergy efficiency & building management techSolar & renewable energy technology companiesSmart meters & smart grid companiesOil & gas and fuel station technology

Electric vehicle & scooter manufacturers

Makers of electric scooters, motorcycles and other electric vehicles.

  1. Batt:RE

    Manufacturer of electric scooters designed for urban commuting and personal transport

    Electric vehicles
    See in list
  2. Ascend Capital

    Platform offering alternative financing solutions for electric vehicles

    Alternative lending
    See in list
  3. Hop Electric Mobility

    Manufacturer of electric motorcycles

    Electric vehicles
    See in list
  4. Xobolt

    Operator of electric vehicle charging stations and related charging products

    Electric vehicles
    See in list
  5. DEVOT Motors

    Developer of electric motorbikes

    Electric vehicles
    See in list

EV charging & battery storage companies

Charging station operators, charging software and battery makers.

  1. Duak Energy

    Manufacturer of lithium batteries

    Energy storage tech
    See in list
  2. Xobolt

    Operator of electric vehicle charging stations and related charging products

    Electric vehicles
    See in list
  3. Aloe Ecell

    Provider of eco‑friendly, aloe‑vera‑based primary batteries

    Energy storage tech
    See in list
  4. Volt Panda

    Charging management system for EV station operators

    Electric vehicles
    See in list
  5. REIN LITHIUM Pvt. Ltd.

    Provider of lithium energy storage solutions for mobile and stationery applications

    Energy storage tech
    Website

Energy efficiency & building management tech

Energy-saving products, building management and monitoring solutions.

  1. Secure Meters

    Provider of smart metering products for the electricity and gas industries

    Facility management tech
    See in list
  2. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  3. Litomatic

    Manufacturer of various lighting products including downlights, spotlights, and track lights

    Energy efficiency tech
    See in list
  4. Karban

    Manufacturer of bladeless ceiling fans with integrated air purification and lighting

    Energy efficiency tech
    See in list
  5. Design2Occupancy

    Provider of green building certifications and other energy efficiency solutions

    Energy efficiency tech
    See in list

Solar & renewable energy technology companies

Solar monitoring, asset management and renewable energy solutions.

  1. AkshyaPower

    Provider of solar power plant monitoring solutions

    Renewable energy tech
    See in list
  2. Reportly

    Online solar asset management solutions provider

    Renewable energy tech
    Website
  3. Arkaagrenergy

    Developer of renewable energy solutions focused on sustainability and grid stability

    Renewable energy tech
    Website
  4. Dhruvaan

    Manufacturer of a solar panel cleaning robot

    Renewable energy tech
    Website
  5. Solar Station

    Network of solar panel installers connecting customers with vendors

    Renewable energy tech
    Website

Smart meters & smart grid companies

Smart metering, advanced metering and power distribution technology.

  1. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  2. Capital Innotech

    Manufacturer of gas meters for residential, commercial, and industrial applications

    Smart grid
    See in list
  3. Metergy

    Provider of cloud-based energy metering solutions

    Smart cities
    See in list
  4. Gram Power

    Gram Power creates access to reliable, affordable, and scalable electricity using cutting edge Smart Microgrid Technology.

    Smart grid
    Website
  5. Vysion

    IoT devices for environmental monitoring

    Water and wastewater management tech
    Website

Oil & gas and fuel station technology

Fuel station management software, fuel delivery and oil and gas tech.

  1. BeanByte

    Provider of cloud-based fuel station management solutions

    Oil & gas tech
    See in list
  2. Petro Genius

    Offering cloud-based platform for petrol pump accounting and management

    Oil & gas tech
    Website
  3. HFEPL

    Provider of structured fuel trading operations and solutions

    Oil & gas tech
    Website
  4. Naman Fuel Centre

    Online platform providing doorstep fuel delivery

    Oil & gas tech
    Website
  5. PetroByte

    Provider of fuel station management software solutions

    Oil & gas tech
    Website
6 companies in Rajasthan

Energy tech startups in Rajasthan

Newer energy tech companies founded in recent years.

  1. Dynamo Electric

    Manufacturer of electric scooters

    Electric vehicles
    See in list
  2. Karban

    Manufacturer of bladeless ceiling fans with integrated air purification and lighting

    Energy efficiency tech
    See in list
  3. Praved EV

    Manufacturer of electric motorcycles

    Electric vehicles
    See in list
  4. Volt Panda

    Charging management system for EV station operators

    Electric vehicles
    See in list
  5. EEIL

    Developer of hardware and software products for electric vehicle charging

    Energy storage tech
    Website
15 companies in Rajasthan

Energy tech companies hiring in Rajasthan

Energy tech companies with open roles right now.

  1. Secure Meters

    Provider of smart metering products for the electricity and gas industries

    Facility management tech
    See in list
  2. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  3. Ascend Capital

    Platform offering alternative financing solutions for electric vehicles

    Alternative lending
    See in list
  4. YoCharge

    Provider of electric vehicle charging management software and related solutions

    Energy storage tech
    See in list
  5. Aloe Ecell

    Provider of eco‑friendly, aloe‑vera‑based primary batteries

    Energy storage tech
    See in list
7 companies in Rajasthan
Mobile reach

Top 10 energy tech apps from Rajasthan

The most-installed Android apps published by energy tech companies headquartered in Rajasthan — 679K installs between them. 13 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

Xobolt

by Xobolt

Installs37K
Rating—
Last updatedJun 2025
View on Google Play ↗
Xobolt screenshot 1Xobolt screenshot 2Xobolt screenshot 3Xobolt screenshot 4Xobolt screenshot 5Xobolt screenshot 6
4

Ecoplug - Charge Your EV

by EEIL

Installs26K
Rating—
Last updatedJun 2026
View on Google Play ↗
Ecoplug - Charge Your EV screenshot 1Ecoplug - Charge Your EV screenshot 2Ecoplug - Charge Your EV screenshot 3Ecoplug - Charge Your EV screenshot 4Ecoplug - Charge Your EV screenshot 5Ecoplug - Charge Your EV screenshot 6
6

Gram Power - Field Force Manag

by Gram Power

Installs15K
Rating—
Last updatedJul 2025
View on Google Play ↗
Gram Power - Field Force Manag screenshot 1Gram Power - Field Force Manag screenshot 2
7

Evtor

by Evtor

Installs3K
Rating—
Last updatedApr 2025
View on Google Play ↗
Evtor screenshot 1Evtor screenshot 2Evtor screenshot 3Evtor screenshot 4Evtor screenshot 5Evtor screenshot 6
8

PetroByte - Manage Petrol Pump

by PetroByte

Installs3K
Rating—
Last updatedMay 2026
View on Google Play ↗
PetroByte - Manage Petrol Pump screenshot 1PetroByte - Manage Petrol Pump screenshot 2PetroByte - Manage Petrol Pump screenshot 3PetroByte - Manage Petrol Pump screenshot 4PetroByte - Manage Petrol Pump screenshot 5PetroByte - Manage Petrol Pump screenshot 6
10

Battre DMS

by Batt:RE

Installs166
Rating—
Last updatedFeb 2023
View on Google Play ↗
Battre DMS screenshot 1Battre DMS screenshot 2Battre DMS screenshot 3
The business behind the activity

Energy tech financials in Rajasthan

Revenue, profit and growth from the filed annual accounts of 23 energy tech companies in Rajasthan for FY24-25 — 27 of the 75 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹4,981.81 cr

23 companies filing accounts

combined net profit₹543.39 cr

10.9% aggregate margin

are profitable52%

12 of 23 companies

median revenue~₹6.6 cr

the typical company

median revenue growth+21%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,493.17 crFY19-207 filers
₹1,661.40 crFY20-2110 filers
₹2,201.65 crFY21-2217 filers
₹1,101.56 crFY22-2319 filers
₹1,576.68 crFY23-2418 filers
₹4,981.81 crFY24-2523 filers

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

Like-for-like

The same 16 companies over three years

+152%
FY22-23₹1,101.46 cr₹42.95 cr net
FY23-24₹1,569.36 cr₹85.72 cr net
FY24-25₹2,776.06 cr₹305.10 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 cr825% profitable
₹1–10 cr757% profitable
₹10–100 cr667% profitable
₹100–1,000 cr0—
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking6
0–20%2
20–50%4
50–100%1
Doubled+5

18 companies with accounts for both years; median growth +21%.

Profitability

Profit is concentrated at the top

12profitable
11loss-making
10.9%aggregate margin
0.6%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
Genus Power Infrastructures, Genus Power InfrastructureGENUS POWER INFRASTRUCTURES LIMITED+102%₹2,521.74 cr
Ascend CapitalASCEND BIZCAP PRIVATE LIMITED+60%₹21.81 cr
Dynamo ElectricDYNAMO ELECTRIC PRIVATE LIMITED+21%₹40.27 cr
LitomaticLITOMATIC TECH PRIVATE LIMITED+6%₹59.30 cr
Capital InnotechCAPITAL INNOTECH PRIVATE LIMITED-3%₹40.82 cr
Batt:REBATTREELECTRIC MOBILITY PRIVATE LIMITED-50%₹51.40 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
LitomaticLITOMATIC TECH PRIVATE LIMITED18.5%₹59.30 cr
Genus Power Infrastructures, Genus Power InfrastructureGENUS POWER INFRASTRUCTURES LIMITED11.8%₹2,521.74 cr
Dynamo ElectricDYNAMO ELECTRIC PRIVATE LIMITED11.1%₹40.27 cr
Secure MetersSecure Meters Limited10.9%₹2,189.36 cr
Ascend CapitalASCEND BIZCAP PRIVATE LIMITED7.3%₹21.81 cr
Capital InnotechCAPITAL INNOTECH PRIVATE LIMITED5.4%₹40.82 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Electric vehicles9₹128.66 cr~₹6.6 cr44%-5.4%
Leaders

Largest energy tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Genus Power Infrastructures, Genus Power InfrastructureGENUS POWER INFRASTRUCTURES LIMITED₹2,521.74 cr₹298.18 cr11.8%+102%
Secure MetersSecure Meters Limited₹2,189.36 cr₹238.60 cr10.9%—
LitomaticLITOMATIC TECH PRIVATE LIMITED₹59.30 cr₹10.98 cr18.5%+6%
Batt:REBATTREELECTRIC MOBILITY PRIVATE LIMITED₹51.40 cr−₹7.44 cr-14.5%-50%
Capital InnotechCAPITAL INNOTECH PRIVATE LIMITED₹40.82 cr₹2.22 cr5.4%-3%
Dynamo ElectricDYNAMO ELECTRIC PRIVATE LIMITED₹40.27 cr₹4.49 cr11.1%+21%
Ascend CapitalASCEND BIZCAP PRIVATE LIMITED₹21.81 cr₹1.60 cr7.3%+60%
Hop Electric MobilityHOP ELECTRIC MOBILITY PRIVATE LIMITED₹19.30 cr−₹4.14 cr-21.5%-66%
Duak EnergyDuak Energy Private Limited₹8.40 cr₹10.69 lakh1.3%+15%
EcoPlugECOPLUG ENERGY INDIA LIMITED₹7.51 cr
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.

Industry landscape report

Energy Tech Industry Landscape of India

The financials above are one chapter. The full energy tech landscape of Rajasthan maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the energy tech landscape of Rajasthan
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 tech funding and M&A across India

1,564 recorded equity rounds have gone to 4,036 energy tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Rajasthan compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months61

US$858.39m

equity rounds, last 24 months236

US$2.70bn

raised over five yearsUS$8.58bn

1,071 rounds in India

M&A deals, India70

last 24 months

Capital by year

Equity funding into energy tech in India

amount rounds
$209m201881
$624m2019114
$238m2020111
$713m2021203
$2.4bn2022239
$1.8bn2023220
$999m2024214
$1.9bn2025156
$736m202639

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$2.43bn across 239 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$66.39m169 rounds · median US$121k
SeedUS$742.26m601 rounds · median US$430k
Series AUS$1.40bn182 rounds · median US$5.00m
Series BUS$1.26bn65 rounds · median US$13.74m
Series CUS$998.58m25 rounds · median US$26.97m
Series D+US$3.31bn25 rounds · median US$60.70m
Private equityUS$794.81m4 rounds · median US$250.00m
Where the money went · five years

Most-funded sub-sectors

Electric vehiclesUS$5.50bn455 rounds · 172 companies
Renewable energy techUS$1.22bn93 rounds · 44 companies
Energy storage techUS$673.49m183 rounds · 77 companies
Road transport techUS$321.68m51 rounds · 15 companies
Alternative lendingUS$181.80m18 rounds · 9 companies
Logistics techUS$98.08m13 rounds · 4 companies
Energy efficiency techUS$97.54m36 rounds · 19 companies
Corporate activity · last 24 months

M&A in India

67Acquisition
2Merger
1Completed

Most active acquirers

  1. Kpit technologies16
  2. Inox Clean Energy6
  3. Jupiter Electric Mobility4
  4. Na3
  5. Inox green energy services3

Most acquired or merged

  1. Sterling and wilson renewable energy5
  2. IntelliSmart Infrastructure4
  3. A-1 sureja industries3
  4. Vibrant energy2
  5. Wind World India2

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

Go deeper in the energy tech landscape reports:

Energy Tech Industry Landscape of India

Energy tech funding in Rajasthan

6 energy tech companies in Rajasthan have recorded equity funding, US$10.57m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Rajasthan

Meet the people behind energy tech companies in Rajasthan. 35 of 75 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Rajasthan energy tech companies by sub-sector

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

Keep exploring energy tech in India and nearby markets.

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