Company lists
The Gujarat edition · 2026

Environmentcompanies in Gujarat

Solar, waste & water, environment consulting, wind & renewables, air & pollution control and more: the companies building environment in Gujarat, with their founders, funding, team size and business models.

550 company profiles237 with reported revenue25 with recorded fundingSeptember 2026 edition

Recent environment business events in Gujarat

Funding, M&A, contract wins and launches involving 612 environment companies in Gujarat, last 24 months: 145 Contracts · 19 funding rounds · 8 M&A deals · 2 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

Ganesh Green Bharat · client: NTPC Renewable Energy

Ganesh Green Bharat Ltd bagged a 1,000 MWh Battery Energy Storage System (BESS) engineering, procurement, and construction (EPC) contract from NTPC Renewable Energy Ltd (NTPC REL).

Renewable energy
M&AMerger · Completed

Mascot dynamics acquires Amrut Energy Private Limited

Amrut Energy Private Limited, a leading manufacturer of solar-powered water pumping systems, today announced its merger into Mascot Dynamics Private Limited, a diversified engineering…

Solar-powered water pumping systems
FundingLetter of Intent

Zodiac energy

Zodiac Energy has received a Letter of Intent (LoI) worth around $3.28 million (around Rs 30.85 crore) from an international entity based in Zambia. The LoI is for execution of a turnkey…

Investors Na
Solar Energy
ContractSupply

Koraam · client: Lubi Industries Llp

Koraam, powered by Kosol Energie Pvt Ltd, has successfully executed a 2.07 MW solar module mounting structure (MMS) order for Lubi Industries LLP in Maharashtra.

Agricultural Solar
ContractSupply

Ganesh Green Bharat · client: Na

Ganesh Green Bharat on Friday said that it has bagged a new order worth ₹430 crore for the supply of bifacial solar modules.

Solar
ContractSupply

Diamond Power Infrastructure · client: Adani green energy

Diamond Power Infrastructure has announced the receipt of a letter of intent from Adani Green Energy Limited for the supply of cables. The order is valued at ₹19,57,11,313, inclusive of…

Energy
ContractInfrastructure

K.P. Energy · client: Jk paper

K.P. Energy has secured a 91.4 MW wind-solar hybrid power project from JK Paper, marking a significant addition to its renewable portfolio.

Renewable Energy
M&AAcquisition · Completed

Zodiac energy acquires Shamli Solar Projects LLP

Zodiac Energy has acquired a majority stake and has been admitted as a partner in Shamli Solar Projects LLP, with effect from March 11, 2026.

Solar Projects
ContractService

Adani green energy · client: Kpi green energy

The contracts have been awarded by Adani Green Energy Six Limited and Adani Green Energy Limited. Under the service and purchase orders, KPI Green Energy will carry out detailed…

Renewable energy
ContractService

Kpi green energy · client: Adani Green Energy Six and Adani Green Energy

KPI Green Energy received orders from Adani Group entities for execution of electrical, civil and allied work for a 300 MWac / 405 MWdc project at the Khavda Hybrid Renewable Power…

Renewable Energy
ContractService

Kpi green energy · client: Adani group

KPI Green Energy Limited has secured a significant new order from Adani Group entities for execution of electrical, civil and allied works at the Khavda Hybrid Renewable Power Project in…

Renewable Energy
ContractTechnology

Kp energy · client: Inox Renewable Solutions Limited

KP Energy has secured an order from Inox Renewable Solutions Limited to develop a 99 MW wind power project in Gujarat...

Renewable Energy
Contract

Vikran Engineering · client: Onix renewable

Vikran Engineering has recently entered into a inter corporate loan agreement with Onix Renewable to borrow Rs. 49.15 Cr at an interest rate of 15%/Annum.

ContractSupply

Hoymiles · client: KOSOL Energie

Hoymiles has signed a supply contract with Indian renewable energy solutions provider KOSOL Energie to deliver 360 MW of its HMS series microinverters in 2026.

Renewable Energy
ContractGovernment

KOSOL Energie · client: Government of gujarat

Kosol Energie has signed a memorandum of understanding (MoU) with the Government of Gujarat to invest INR 90,000 crore across solar power, green hydrogen, and green ammonia projects in…

Renewable Energy
ContractSupply

Solex energy · client: Domestic independent power producer

Solex Energy Limited announced the receipt of a ₹276 crore work order from a domestic independent power producer for the manufacture and supply of N-type TOPCon solar PV modules,…

Solar PV
ContractSupply

Solex energy · client: Independent Power Producer (IPP)

Solex Energy Limited on Monday said it has received a work order worth ₹289.84 crore, inclusive of all applicable taxes, for the supply of advanced solar photovoltaic modules.

Renewable Energy
ContractGovernment

Sahaj Solar · client: Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA)

Sahaj Solar Limited has announced the signing of a significant RESCO Model Agreement with the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA).

Renewable Energy
ContractTechnology

Sun Drops Energia · client: Gujarat Urja Vikas Nigam Limited

Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for developing 445 MW /…

Renewable Energy
ContractSupply

Adani green energy · client: Diamond Power Infrastructure

Diamond Power's largest order book update in December 2025 was a ₹747.64 crore letter of intent from Adani Green Energy to supply power cables to its Khavda and Rajasthan project.

Infrastructure
LaunchRudra Solar Dryer

Rudra solar energy

Ahmedabad: Rudra Solar Energy Pvt. Ltd., a Gujarat-based clean energy solutions company, is strengthening India’s post-harvest management and rural income ecosystem through its flagship…

Solar dryer
ContractSupply

KOSOL Energie · client: Mafatlal industries

Kosol Energie has commissioned a 4 MW solar photovoltaic (PV) power project for Mafatlal Industries Limited at its manufacturing facility in Nadiad, Gujarat.

Renewable Energy
M&AAcquisition · Completed

Totalenergies acquires Adani green energy

In January 2021, TotalEnergies strengthened this relationship by acquiring a 20 percent stake in Adani Green Energy.

ContractSupply

Sahaj Solar · client: Na

a Rs 57.34 crore PM‑KUSUM B order for 2,185 solar pumps

Renewable Energy
ContractSupply

Diamond Power Infrastructure Ltd · client: Adani green energy

Diamond Power Infrastructure Ltd on Thursday said it has received a letter of intent worth ₹747.64 crore from Adani Green Energy Limited for supplying power and solar cables to its…

Renewable Energy
ContractInfrastructure

Sterling & Wilson Renewable Energy · client: Adani green energy

Sterling & Wilson Renewable Energy (SWREL) saw its shares rise over 3% after the company announced a major milestone in its renewable EPC journey through a five-year Strategic…

Renewable Energy
ContractSupply

Sterling and wilson renewable energy · client: Adani green energy

SWREL in an exchange filing said it has secured a Balance of System (BOS) order worth around Rs 1,381 crore from Adani Green Energy Ltd (AGEL) for three solar power projects coming up at…

Renewable Energy
ContractService

Sterling and Wilson Renewable Energy Group · client: Adani green energy

strategic 5-year partnership framework agreement with Adani Green

Renewable Energy
ContractSupply

Cosmic pv power · client: Zetwerk Manufacturing Businesses

Solar panel manufacturer Cosmic PV Power Ltd has announced that the company has secured orders worth about INR 600 crore from Zetwerk Manufacturing Businesses for the supply of solar…

Solar Energy

Environment companies in Gujarat, by revenue

Browse environment companies in Gujarat 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 237 environment companies in Gujarat 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

Independent power producer from renewable energy sources

Solar energy
₹12,422.00 crFY 2024-25
+18%2024–2025
3,501-26% 12 mo to Jul 2024LinkedIn · Jul 2026
14 yr2012
5postings · last posted Sep 2026

Producer of solar cells and modules

Solar energy
₹6,488.37 crFY 2024-25
+99%2024–2025
5,591+7% 12 mo to Mar 2024LinkedIn · Jul 2026
12 yr2014
11postings · last posted Aug 2026

Developer of solar and wind energy projects

Wind energy
₹5,936.37 crFY 2024-25
+119%2024–2025
124+288% 12 mo to Sep 2024recorded Sep 2024
41 yr1985
0none in 3 months

Manufacturer of photovoltaic solar modules

Solar energy
₹2,832.89 crFY 2024-25
+122%2024–2025
1,090+37% vs previous recordLinkedIn · Jul 2026
9 yr2017
3postings · last posted Sep 2026

Provider of recycling solutions for industrial waste and end-of-life products

Waste & water management
₹2,344.73 crFY 2024-25
Not reported
1,006LinkedIn · Jul 2026
45 yr1981
0none in 3 months · last posted Jun 2026

Manufacturer of solar tracker components, including posts, tubes, purlins, and fasteners

Solar energy
₹1,869.52 crFY 2024-25
+85%2024–2025
—Not available
5 yr2021
0none in 3 months

Developer of renewable power plants

Solar energy
₹1,755.16 crFY 2024-25
+70%2024–2025
1,410+135% 12 mo to Jul 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Manufacturer of diverse electrical products, agricultural equipment, and solar solutions

Solar energy
₹1,612.13 crFY 2024-25
+80%2024–2025
534LinkedIn · Jul 2026
45 yr1981
1postings · last posted Jul 2026

Manufacturer of solar photovoltaic modules and provider of engineering, procurement, & construction services

Solar energy
₹1,490.93 crFY 2022-23
Not reported
2,243+33% 12 mo to Aug 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of solar modules and provider of solar energy solutions

Solar energy
₹1,429.59 crFY 2024-25
+605%2024–2025
18recorded Sep 2024
4 yr2022
0none in 3 months

Developer of solar and wind energy projects

Solar energy
₹1,403.30 crFY 2024-25
+74%2024–2025
83-2% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months

Provider of metal recycling services

Waste & water management
₹1,397.11 crFY 2024-25
+20%2024–2025
—Not available
14 yr2012
0none in 3 months

Independent thermal, solar & wind power producer

Non- renewable power generation
₹1,325.08 crFY 2024-25
-7%2024–2025
653+30% 12 mo to Aug 2024recorded Aug 2024
41 yr1985
0none in 3 months

Provider of solar EPC, IPP services, and battery energy storage systems

Solar energy
₹1,022.91 crFY 2024-25
+7%2024–2025
405+100% 12 mo to Jul 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jun 2026

Provider of solar advisory and execution services

Solar energy
₹995.89 crFY 2023-24
+147%2023–2024
192+500% vs previous recordLinkedIn · Jul 2026
14 yr2012
0none in 3 months

Wind Energy EPC provider

Wind energy
₹958.45 crFY 2024-25
+97%2024–2025
183+6% 12 mo to Mar 2023recorded Mar 2023
32 yr1994
0none in 3 months

Provider of renewable energy production services

Wind energy
₹791.18 crFY 2021-22
-7%2021–2022
2+0% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Renewable energy company specializing in high-quality solar products

Solar energy
₹669.12 crFY 2024-25
+172%2024–2025
430-3% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
1postings · last posted Aug 2026

Manufactures solar products

Solar energy
₹663.64 crFY 2024-25
Not reported
384+20% 12 mo to Aug 2024recorded Aug 2024
12 yr2014
0none in 3 months

Provider of e-waste, plaste recycling, and waste water management services

Waste & water management
₹633.86 crFY 2024-25
-7%2024–2025
108LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Provider of rooftop solar panel installation services

Solar energy
₹616.18 crFY 2024-25
Not reported
216LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Provider of water management services

Waste & water management
₹544.61 crFY 2022-23
Not reported
177-3% 12 mo to Sep 2024LinkedIn · Jul 2026
47 yr1979
0none in 3 months

Provider of waste recycling services

Waste & water management
₹463.00 crFY 2021-22
+176%2021–2022
7+75% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Provider of waste aluminium recycling services

Waste & water management
₹524.54 crFY 2024-25
+22%2024–2025
—Not available
32 yr1994
0none in 3 months

Provider of solar water pumping systems and other solar energy solutions

Solar energy
₹520.37 crFY 2024-25
+42%2024–2025
—Not available
32 yr1994
0none in 3 months
50 of 550 companies shown here · the full list is on Radar
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Explore all 550 environment companies in Gujarat on Radar

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

Open environment in Gujarat on Radar
  • Every company, not just 50All 550 environment companies in Gujarat, 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 environment companies in Gujarat by what you are looking for

Find top environmental companies in Gujarat, from solar and wind developers to waste recycling and environmental consulting firms. Use the cards to compare environment companies in Gujarat by the service you need.

9 ways to explore environment in Gujarat

Solar energy manufacturers & developersWaste, recycling & wastewater treatment companiesEnvironmental consultancy & testing servicesWind, hydro & renewable energy developersAir quality & pollution control servicesGreen buildings & sustainable construction

Solar energy manufacturers & developers

Makers of solar modules and components, and developers of solar plants.

  1. Adani Solar

    Producer of solar cells and modules

    Solar energy
    See in list
  2. Rayzon Solar

    Manufacturer of photovoltaic solar modules

    Solar energy
    See in list
  3. Jash Energy

    Manufacturer of solar tracker components, including posts, tubes, purlins, and fasteners

    Solar energy
    See in list
  4. Silver Pumps & Motors

    Manufacturer of diverse electrical products, agricultural equipment, and solar solutions

    Solar energy
    See in list
  5. Vishakha Renewables

    Developer of solar and wind energy projects

    Solar energy
    See in list

Waste, recycling & wastewater treatment companies

Companies providing recycling, waste treatment and water management services.

  1. Rubamin

    Provider of recycling solutions for industrial waste and end-of-life products

    Waste & water management
    See in list
  2. Sunlite Recycling Industries

    Provider of metal recycling services

    Waste & water management
    See in list
  3. BEIL

    Provider of e-waste, plaste recycling, and waste water management services

    Waste & water management
    See in list
  4. Enviro Control

    Provider of water management services

    Waste & water management
    See in list
  5. Alka Chemi Pack

    Provider of waste recycling services

    Waste & water management
    See in list

Environmental consultancy & testing services

Consultants for environmental impact assessment, testing, monitoring and compliance.

  1. Paramount

    Paramount Limited is an environmental engineering company that specializes in industrial wastewater treatment and sewage treatment projects worldwide

    Environment consultancy services
    Website
  2. Nepra

    Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste

    Environment consultancy services
    Website
  3. UniStar Environment & Research Labs

    Provider of environmental consultancy, testing, monitoring, and water treatment engineering

    Environment consultancy services
    Website
  4. EcoCare Consultant

    Provider of environmental impact assessments, testing, auditing, and consulting services

    Environment consultancy services
    Website
  5. Earth Care Enviro Solutions

    Environmental organization providing education and advocacy on sustainability and eco-justice issues

    Environment consultancy services
    Website

Wind, hydro & renewable energy developers

Developers and equipment makers for wind, hydro and other renewable power.

  1. Adani Green Energy

    Independent power producer from renewable energy sources

    Solar energy
    See in list
  2. Kintech Renewables

    Developer of solar and wind energy projects

    Wind energy
    See in list
  3. K P Energy

    Wind Energy EPC provider

    Wind energy
    See in list
  4. lnox Wind Energy

    Provider of renewable energy production services

    Wind energy
    See in list
  5. Future Solar

    Largest Solar Panel Manufacturers in India | Future Solar

    Renewable energy tech
    See in list

Air quality & pollution control services

Companies offering air quality monitoring, pollution control and purification equipment.

  1. Ecosystem Resource Management

    Provider of environmental, engineering, turnkey projects, and waste management solutions

    Waste & water management
    Website
  2. Aura Carbon

    Manufacturer of activated carbon using generation technology

    Air management services
    Website
  3. Pollucon Laboratories

    Provider of analytical testing for food, water, environment, and construction materials

    Food safety testing
    Website
  4. Arrowcon-Energy

    Manufacturer of pollution control and heat energy generation equipment

    Air management services
    Website
  5. Atmos Power

    Manufacturer of industrial gas generation and purification plants. These plants encompass various applications, including nitrogen, oxygen, biogas, hydrogen, and natural gas processing. The company designs and manufactures equipment using high-quality materials and advanced technologies. Services include plant installation, commissioning, and personnel training. The focus is on providing durable, low-maintenance systems that meet diverse industrial needs.

    Air management services
    Website

Green buildings & sustainable construction

Architects, developers and material makers for green buildings.

  1. Ronak Buildwell

    Provider of green building architect and designing services

    Green buildings
    Website
  2. Sun-Flex

    Supplier and manufacturer of rubber flooring tiles

    Building materials
    Website
  3. Eclipse Global

    Manufacturer of integrated blinds and sunshade systems for natural light control

    Green buildings
    Website
  4. Aqua Utility Designs and Management

    Developer of green building communities

    Green buildings
    Website
  5. BambooCrete

    Manufacturer of nature-based building materials and systems

    Green buildings
    Website

Rainwater harvesting & water conservation

Providers of rainwater harvesting systems and water conservation solutions.

  1. Lexcru Water Tech

    Provider of water purification services

    Waste & water management
    See in list
  2. Sarjan Watertech India

    Manufacturer of water purification and water treatment solutions

    Waste & water management
    Website
  3. Sujalaam

    Provider of rainwater harvesting systems

    Rainwater harvesting
    Website
  4. NeeRain

    Provider of water management services

    Rainwater harvesting
    Website
  5. Naireeta Services

    Non-profit organization focused on urban and rural poor women in agriculture

    Rainwater harvesting
    Website
10 companies in Gujarat

Listed environment companies in Gujarat

Publicly listed environment companies in Gujarat.

  1. Adani Green Energy

    Independent power producer from renewable energy sources

    Solar energy
    See in list
  2. Kintech Renewables

    Developer of solar and wind energy projects

    Wind energy
    See in list
  3. KPI Green Energy

    Developer of renewable power plants

    Solar energy
    See in list
  4. Sunlite Recycling Industries

    Provider of metal recycling services

    Waste & water management
    See in list
  5. GIPCL

    Independent thermal, solar & wind power producer

    Non- renewable power generation
    See in list
24 companies in Gujarat

Environment startups in Gujarat

Newer environment companies based in Gujarat.

  1. Jash Energy

    Manufacturer of solar tracker components, including posts, tubes, purlins, and fasteners

    Solar energy
    See in list
  2. GREW

    Manufacturer of solar modules and provider of solar energy solutions

    Solar energy
    See in list
  3. Solar ACE

    Provider of solar energy design, engineering, procurement, operation & maintenance services

    Solar energy
    Website
  4. Future Solar

    Largest Solar Panel Manufacturers in India | Future Solar

    Renewable energy tech
    See in list
  5. Knack Energy

    Manufacturer and exporter of solar photovoltaic encapsulants & backsheets

    Solar energy
    Website
55 companies in Gujarat
Mobile reach

Top 10 environment apps from Gujarat

The most-installed Android apps published by environment companies headquartered in Gujarat — 163K installs between them. 19 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
The business behind the activity

Environment financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 223 environment companies in Gujarat for FY24-25 — 264 of the 550 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 54% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹63,514.83 cr

223 companies filing accounts

combined net profit₹4,408.94 cr

6.9% aggregate margin

are profitable89%

198 of 223 companies

median revenue~₹25.5 cr

the typical company

median revenue growth+32%

into FY24-25

earned by the top five54%

revenue concentration

Six-year view

Combined revenue of filing companies

₹12,777.25 crFY19-20179 filers
₹15,028.60 crFY20-21190 filers
₹26,466.81 crFY21-22210 filers
₹26,727.58 crFY22-23222 filers
₹41,215.42 crFY23-24225 filers
₹63,514.83 crFY24-25223 filers

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

Like-for-like

The same 201 companies over three years

+123%
FY22-23₹25,673.27 cr₹253.46 cr net
FY23-24₹36,567.99 cr₹1,000.58 cr net
FY24-25₹57,274.52 cr₹3,938.24 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 cr2152% profitable
₹1–10 cr5281% profitable
₹10–100 cr8996% profitable
₹100–1,000 cr4898% profitable
Over ₹1,000 cr13100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking42
0–20%40
20–50%33
50–100%51
Doubled+45

211 companies with accounts for both years; median growth +32%.

Profitability

Profit is concentrated at the top

198profitable
23loss-making
6.9%aggregate margin
3.3%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
GREWGREW ENERGY PRIVATE LIMITED+605%₹1,429.59 cr
ASOTEASOTE SOLUTIONS PRIVATE LIMITED+541%₹15.23 cr
GreenpillGREENPILL RENEWABLE ENERGY PRIVATE LIMITED+371%
Fourcell EnergyFOURCELL ENERGY PRIVATE LIMITED₹24.10 cr
Kashyap SolarKASHYAP INFRAPROJECTS PRIVATE LIMITED+298%
BioficsBIOFICS PRIVATE LIMITED₹46.63 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Solar ManufacturerGRACE INFRASTRUCTURE PRIVATE LIMITED
PowerTreeIMAGINE POWERTREE PRIVATE LIMITED30.8%₹11.16 cr
GreenBrillianceGREENBRILLIANCE ENERGY PRIVATE LIMITED₹10.81 cr
Sunora SolarES SUN POWER PRIVATE LIMITED23.5%₹30.15 cr
Felix IndustriesFELIX INDUSTRIES LIMITED22.7%₹33.07 cr
CIMCONCIMCON SOFTWARE (INDIA) PRIVATE LIMITED22.4%₹103.41 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy112₹50,037.86 cr~₹33.7 cr95%6.7%
Waste & water management74₹9,325.49 cr~₹22.1 cr88%8.0%
Wind energy7₹1,719.94 cr~₹110.6 cr100%9.7%
Environment consultancy services7₹450.65 cr~₹12.5 cr86%-0.1%
Green buildings5₹78.63 cr~₹4.2 cr20%2.3%
Leaders

Largest environment companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Adani Green EnergyAdani Green Energy Limited₹20,749.00 cr₹654.00 cr3.2%+61%
Adani SolarMUNDRA SOLAR PV LIMITED₹6,488.37 cr₹1,085.03 cr16.7%+99%
Rayzon SolarRAYZON SOLAR LIMITED₹2,832.89 cr₹329.57 cr11.6%+122%
Goldi SolarGOLDI SOLAR PRIVATE LIMITED₹2,051.39 cr₹83.72 cr4.1%+183%
Jash EnergyJASH ENERGY PRIVATE LIMITED₹1,869.52 cr₹46.30 cr2.5%+85%
RubaminRUBAMIN PRIVATE LIMITED₹1,753.06 cr₹365.34 cr20.8%+34%
Silver Pumps & MotorsSILVER CONSUMER ELECTRICALS LIMITED₹1,612.10 cr₹46.49 cr2.9%+80%
KPI Green EnergyKPI GREEN ENERGY LIMITED₹1,607.48 cr₹252.35 cr15.7%+120%
GREWGREW ENERGY PRIVATE LIMITED₹1,429.59 cr₹80.18 cr5.6%+605%
Sunlite Recycling IndustriesSUNLITE RECYCLING INDUSTRIES LIMITED₹1,397.11 cr₹14.27 cr1.0%+20%
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

Environment Industry Landscape of India

The financials above are one chapter. The full environment landscape of Gujarat 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 environment landscape of Gujarat
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

Environment funding and M&A across India

599 recorded equity rounds have gone to 5,556 environment companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months22

US$804.28m

equity rounds, last 24 months72

US$1.35bn

raised over five yearsUS$5.13bn

219 rounds in India

M&A deals, Gujarat8

last 24 months

Capital by year

Equity funding into environment in India

amount rounds
$997m201836
$1.1bn201928
$471m202022
$691m202133
$1.3bn202232
$1.0bn202333
$844m202467
$862m202543
$389m202611

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.31bn across 32 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$103.33m29 rounds · median US$283k
SeedUS$83.85m91 rounds · median US$434k
Series AUS$405.26m39 rounds · median US$4.58m
Series BUS$618.28m16 rounds · median US$26.05m
Series CUS$638.22m17 rounds · median US$35.61m
Series D+US$2.17bn20 rounds · median US$58.75m
Private equityUS$1.11bn7 rounds · median US$175.00m
Where the money went · five years

Most-funded sub-sectors

Solar energyUS$3.38bn122 rounds · 64 companies
Wind energyUS$771.24m11 rounds · 4 companies
Renewable energy techUS$661.80m5 rounds · 3 companies
Waste & water managementUS$103.65m32 rounds · 26 companies
Air management servicesUS$87.06m5 rounds · 3 companies
Alternative lendingUS$54.61m4 rounds · 1 companies
Green buildingsUS$17.26m5 rounds · 4 companies
Corporate activity · last 24 months

M&A in Gujarat

7Acquisition
1Merger

Most active acquirers

  1. Mascot dynamics1
  2. Zodiac energy1
  3. Totalenergies1
  4. Isquare Global PE Fund1
  5. Kpi green energy1

Most acquired or merged

  1. Amrut Energy Private Limited1
  2. Shamli Solar Projects LLP1
  3. Adani green energy1
  4. Sampann utpadan india1
  5. 100 MW solar project in Gujarat1

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

Go deeper in the environment landscape reports:

Environment Industry Landscape of India

Environment funding in Gujarat

25 environment companies in Gujarat have recorded equity funding, US$678.21m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind environment companies in Gujarat. 189 of 550 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat environment companies by sub-sector

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

Keep exploring environment in India and nearby markets.

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