Company lists
The Karnataka edition · 2026

Environmentcompanies in Karnataka

Waste & water, solar, wind & hydro, consultancy, green buildings and more: the companies building environment in Karnataka, with their founders, funding, team size and business models.

468 company profiles214 with reported revenue23 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent environment business events in Karnataka

Funding, M&A, contract wins and launches involving 552 environment companies in Karnataka, last 24 months: 15 Contracts · 13 M&A deals · 5 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Thakral acquires TIL Investments Private Limited (TIL)

Thakral Corporation Ltd (TCL) has completed the acquisition of an additional 81.64% equity stake in TIL Investments Private Limited (TIL) through its wholly-owned subsidiary, Paramount…

Healthcare-led real estate development
M&AAcquisition · Announced

Thakral acquires TIL Investments Private Limited

Thakral Corporation Ltd, via its wholly-owned subsidiary Paramount Investments Pte. Ltd. (PIPL), is acquiring an additional 81.64% stake in TIL Investments Private Limited (TIL).

Investment
ContractTechnology

Delta electronics · client: Prostarm info systems

"Prostarm recebtly awarded contracts for its own BESS projects to Delta Electronics for projects worth 110 MW across India, including projects undertaken by the Bihar State Power…

Energy Storage
ContractInfrastructure

Prostarm info systems · client: Solarium Green Energy

"Maharashtra based Prostarm Info Systems has received a Letter of Award (LOA) as a sub-contractor from Gujarat based Solarium Green Energy to execute the Engineering, Procurement, and…

Solar Energy
ContractSupply

Prostarm info systems · client: Mahagenco

Prostarm Info Systems was granted a project in Maharashtra by the Maharashtra State Power Generation Company Limited (MAHAGENCO).

ContractTechnology

Insolare energy · client: Versogen

InSolare Energy Ltd. (IEL) has entered into a technology transfer partnership and strategic collaboration with Versogen, a U.S.-based company focused on Anion Exchange Membrane (AEM)…

Renewable Energy
ContractTechnology

Versogen · client: Insolare energy

Under the deal, InSolare will license Versogen’s stack IP and know-how, while building up its own materials and design capabilities in India, with Versogen supplying its membrane…

Green hydrogen
Contract

Binbag · client: Numaligarh refinery

The entities with whom MoUs have been entered into include Forace Speciality Chem Private Limited, Fermbox Bio Private Limited, altM Bio, Council of Scientific & Industrial Research…

ContractSupply

Delta Electronics India · client: Prostarm info systems

Delta Electronics India, a leading provider of power management and smart green solutions, today announced an agreement to supply 100 units of its ‘Make-in-India’ 1.1 MW bi-directional…

Energy Storage
ContractSupply

Emmvee · client: Domestic buyer

Emmvee Photovoltaic Power Limited announced that its material and wholly owned subsidiary, Emmvee Energy Private Limited, has executed a major supply agreement with a domestic buyer for…

Solar/Energy
ContractSupply

Ayana renewable power · client: Indian railways

The project in question pertains to the supply of round‑the‑clock renewable power, with or without storage, for traction operations of Indian Railways, under a 25-year Power Purchase…

Renewable Energy
Contract

Emmvee Photovoltaic Power · client: Emmvee Energy

Emmvee Photovoltaic Power: The company signs an agreement to grant an unsecured loan of Rs. 1,900 cr to its arm Emmvee Energy for general corporate purposes.

Finance
ContractTechnology

Ravindra energy · client: Maharashtra state electricity distribution

Ravindra Energy Limited has been awarded two contracts by the Maharashtra State Electricity Distribution Company Limited to develop and operate decentralized solar projects capacity…

Renewable Energy
M&AAcquisition · Announced

ONGC-NTPC Green Pvt Ltd acquires Ayana renewable power

ONGC-NTPC Green Pvt Ltd, an equal joint venture between ONGC Green Ltd and NTPC Green Energy Ltd, on Wednesday signed a share purchase agreement (SPA) to acquire Ayana Renewable Power…

ContractInfrastructure

Integrum Energy · client: Bharat Petroleum

The Letters of Award have been issued to Suzlon Energy Limited for the Madhya Pradesh project and Integrum Energy Infrastructure Limited for the Maharashtra site.

Renewable Energy
FundingAcquisition

Ayana renewable power

The ONGC NTPC Green partnership has also fully acquired Ayana Renewable Power to enhance its renewable production. The total purchase cost was Rs 6248.50 crore.

Investors ONGC NTPC Green partnership
Renewable Energy
M&AAcquisition · Announced

ONGCNTPC Green acquires Ayana renewable power

According to Grant Thornton Bharat’s Dealtracker for Q1 2025, ONGCNTPC Green’s, a JV of ONGC Green and NTPC Green Energy, acquisition of Ayana Renewable Power for around $2.3 billion is…

Renewable Energy
M&AAcquisition · Completed

ONGC NTPC Green (ONGPL) acquires Ayana renewable power

ONGC NTPC Green (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy and ONGC Green, has completed the acquisition of 100% equity stake in Ayana Renewable Power on 27th March 2025.

Renewable Energy
FundingPre-Series A equity

Hasiru dala innovations

Hasiru Dala Innovations (HDI) ... has successfully raised INR 6 crore in a Pre-Series A equity funding round. The round was led by Rainmatter Fintech Investments.

Investors Rainmatter Fintech Investments, Next Bharat Ventures IFSC
Waste management / Circular economy
M&AAcquisition · Completed

ONGC NTPC Green Private Limited acquires Ayana renewable power

ONGC NTPC Green Private Limited (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of 100% equity stake in Ayana…

M&AAcquisition

Oil & Natural Gas Corporation Ltd. (ONGC) acquires Ayana

ONGC's Ayana acquisition is in line with its strategy of mature asset acquisition with land, grid access and PPAs in place, according to Jefferies, who also added that the management is…

M&AAcquisition · Announced

ONGC Green acquires Ayana renewable power

ONGC Green will use the proceeds to acquire of 100% stake of Ayana Renewable Power.

Renewable Energy
Contract

ONGC Green · client: Ayana renewable power

The company will make an investment of Rs 3,300 crore in subsidiary ONGC Green via rights issue. The subsidiary will utilize the proceeds for the acquisition of a 100% equity stake in…

M&AAcquisition · Announced

ONGC and NTPC Green Energy acquires Ayana renewable power

In February, ONGC and its joint venture NTPC Green Energy acquired Ayana Renewable Power, which operates solar and wind plants valued at $2.3 billion.

M&AAcquisition · Announced

ONGC NTPC Green Private Limited (ONGPL) acquires Ayana renewable power

ONGC NTPC Green Private Limited (ONGPL) acquires Ayana Renewable Power for INR 195B ($2.3B)

M&AAcquisition · Announced

ONGC NTPC Green Energy (ONGPL) acquires Ayana renewable power

ONGC NTPC Green Energy (ONGPL) on Wednesday inked the share purchase agreement for 100 per cent stake in renewable energy player Ayana Renewable Power for an enterprise value of Rs…

Renewable Energy
M&AAcquisition · Announced

ONGC Green (ONGPL) acquires Ayana renewable power

ONGC NTPC Green (ONGPL), a joint venture between ONGC Green and NTPC Green Energy, has signed a share purchase agreement to acquire a 100% equity stake in utility-scale renewable energy…

Renewable Energy
Funding

Orb energy

Solar energy solutions provider Orb Energy on Monday said it has reached a significant milestone, crossing Rs 300 crore in financing disbursements from its unique zero-collateral,…

Solar energy
FundingEquity

Ravindra energy

Karnataka-based solar project developer Ravindra Energy has raised ₹1.79 billion (~$21.29 million) by selling 24.3 million equity shares.

Investors COEUS Global Opportunities Fund, Quant Mutual Fund – Quant Manufacturing Fund, Mukul Mahavir Agrawal, New Vernon India
Solar

Environment companies in Karnataka, by revenue

Browse environment companies in Karnataka 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 214 environment companies in Karnataka 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 hydel, thermal, solar and wind power producer

Solar energy
₹11,197.14 crFY 2022-23
Not reported
25,000recorded
56 yr1970
—No postings tracked

Provider of paper recycling services

Solar energy
₹5,034.19 crFY 2024-25
-19%2024–2025
59-3% 12 mo to Feb 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Manufacturer of solar photovoltaic modules and solar water heating systems

Solar energy
₹2,360.33 crFY 2024-25
+147%2024–2025
1,090+11% 12 mo to Jul 2023LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Provider of consulting and business advisory solutions within the Indian power sector

Management consulting services
₹1,204.93 crFY 2024-25
+1888%2024–2025
34LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of scrap recycling services

Waste & water management
₹661.45 crFY 2024-25
+1%2024–2025
—Not available
12 yr2014
0none in 3 months

Manufacturer of PV junction boxes, solar PV connectors & cables, and complete DC services

Solar energy
₹558.09 crFY 2024-25
+184%2024–2025
156+24% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Manufacturer of coated paperboards and high-pressure decorative laminate sheets

Waste & water management
₹452.86 crFY 2024-25
-3%2024–2025
49LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of renewable energy solutions, including solar, wind, and hydrogen

Solar energy
₹441.45 crFY 2024-25
+170%2024–2025
415+17% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Apr 2026

Manufacturer of solar powered products

Solar energy
₹352.55 crFY 2024-25
+36%2024–2025
—Not available
18 yr2008
0none in 3 months

Provider of solar power solutions for industrial, commercial, and residential sector

Solar energy
₹341.60 crFY 2024-25
+67%2024–2025
76+33% 12 mo to Nov 2023LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Nov 2024

Provider of waste recycling services

Waste & water management
₹338.67 crFY 2024-25
+21%2024–2025
—Not available
24 yr2002
0none in 3 months

Renewable energy project developer

Wind energy
₹262.23 crFY 2022-23
Not reported
163-2% 12 mo to May 2023recorded May 2023
40 yr1986
—No postings tracked

EPC company with a focus in Wind Energy sector

Wind energy
₹249.58 crFY 2024-25
+88%2024–2025
—Not available
13 yr2013
0none in 3 months

Provider of solar solutions

Solar energy
US$28.72mFY 2024-25
-17%2024–2025
405-2% 12 mo to Aug 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted Nov 2024

Provider of paddy processing plants and water treatment solutions

Food processing
₹194.26 crFY 2024-25
Not reported
20LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Solar project developer

Solar energy
₹182.16 crFY 2024-25
+6%2024–2025
138+14% 12 mo to Mar 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jun 2026

Distributor of solar products, providing rooftop solutions through a dealer network

Solar energy
₹163.01 crFY 2024-25
-4%2024–2025
64LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Offers solar installation services

Solar energy
₹151.29 crFY 2024-25
+24%2024–2025
548-3% 12 mo to Jun 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months · last posted Jun 2026

Provider of plumbing & drainage solutions

Waste & water management
₹134.44 crFY 2024-25
+19%2024–2025
4+13% 12 mo to Sep 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Provider of environmental climate change services

Environment consultancy services
₹134.39 crFY 2024-25
+29%2024–2025
—Not available
21 yr2005
0none in 3 months

Provider of waste water treatment services

Waste & water management
₹126.76 crFY 2023-24
+30%2023–2024
68+18% 12 mo to Aug 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Residential and commercial solar project developer

Solar energy
₹128.68 crFY 2024-25
+26%2024–2025
52+56% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Aug 2026

Provider of hybrid renewable energy solutions integrating wind and solar power

Renewable energy tech
₹119.22 crFY 2024-25
-48%2024–2025
54LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Jun 2026

Provider of commercial and industrial solar power plant solutions

Solar energy
₹112.62 crFY 2024-25
+13%2024–2025
33+44% 12 mo to Jul 2024recorded Jul 2024
13 yr2013
0none in 3 months

Provider of nuclear products and services

Nuclear energy
₹110.68 crFY 2024-25
+1%2024–2025
33-12% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months
50 of 468 companies shown here · the full list is on Radar
Fliar Radar

Explore all 468 environment companies in Karnataka on Radar

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

Open environment in Karnataka on Radar
  • Every company, not just 50All 468 environment companies in Karnataka, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore environment companies in Karnataka by what you are looking for

Browse environment companies in Karnataka, from waste and water management firms to solar and wind energy developers. Find top environmental companies, environmental consulting firms and environment startups in Karnataka.

9 ways to explore environment in Karnataka

Waste, recycling & water management companiesSolar energy companiesWind & hydro power developersEnvironmental consulting firmsGreen building companiesAir quality & pollution control companies

Waste, recycling & water management companies

Firms handling waste treatment, recycling, e-waste and wastewater.

  1. Balaji Malts

    Provider of paper recycling services

    Solar energy
    See in list
  2. Tt Recycling Management

    Provider of scrap recycling services

    Waste & water management
    See in list
  3. Orchid Laminates

    Manufacturer of coated paperboards and high-pressure decorative laminate sheets

    Waste & water management
    See in list
  4. SPI Alloys

    Provider of waste recycling services

    Waste & water management
    See in list
  5. SKF Elixer

    Provider of paddy processing plants and water treatment solutions

    Food processing
    See in list

Solar energy companies

Solar module makers, installers and project developers.

  1. KPCL

    Independent hydel, thermal, solar and wind power producer

    Solar energy
    See in list
  2. Balaji Malts

    Provider of paper recycling services

    Solar energy
    See in list
  3. Emmvee

    Manufacturer of solar photovoltaic modules and solar water heating systems

    Solar energy
    See in list
  4. DhaSh PV Technologies

    Manufacturer of PV junction boxes, solar PV connectors & cables, and complete DC services

    Solar energy
    See in list
  5. InSolare Energy

    Provider of renewable energy solutions, including solar, wind, and hydrogen

    Solar energy
    See in list

Wind & hydro power developers

Developers and producers of wind and hydro power.

  1. Enerfra

    EPC company with a focus in Wind Energy sector

    Wind energy
    See in list
  2. Integrum Energy

    Provider of hybrid renewable energy solutions integrating wind and solar power

    Renewable energy tech
    See in list
  3. Doddanavar Global Energy

    Developer of wind energy projects

    Wind energy
    See in list
  4. Atria Power

    Producer of renewable energy

    Solar energy
    See in list
  5. NCON Turbo Tech

    Manufacturer of steam turbines offering high-quality, customized solutions for various industries, leveraging its expertise in design and engineering to deliver efficient and cost-effective energy generation solutions

    Wind energy
    Website

Environmental consulting firms

Consultants advising on climate, sustainability and environmental compliance.

  1. Altilium

    Provider of consulting and business advisory solutions within the Indian power sector

    Management consulting services
    See in list
  2. AAF INDIA

    Provider of environmental climate change services

    Environment consultancy services
    See in list
  3. VNV Advisory

    Developer of community-powered climate ventures focusing on nature-based solutions. It collaborates with local communities to implement projects in areas such as mangrove restoration, climate-smart agriculture, and community forestry. The developer also addresses issues like waste management, clean cooking, and water access through technology and sustainable solutions. Its approach emphasizes empowering communities and building long-term resilience.

    Environment consultancy services
    See in list
  4. Enewate

    Manufacturer of sewage and effluent treatment plants, and biomethanation systems

    Environment consultancy services
    Website
  5. Arya

    Developer of climate infrastructure projects

    Environment consultancy services
    Website

Green building companies

Green building consultants, designers and constructors.

  1. LEAD

    Provider of green building consultancy services

    Green buildings
    Website
  2. Seundo Energy

    Provider of solar design, development, operation, and maintenance services

    Solar energy
    Website
  3. Saman Portable Office Solutions

    Provider of portable cabins, container offices, and prefab solutions

    Construction tech
    Website
  4. GreenTurn C&W Energy

    Energy generation from waste and solar power

    Solar energy
    Website
  5. McD BERL

    Offers green building designing and development services

    Green buildings
    Website

Air quality & pollution control companies

Air purification, filtration and pollution control providers.

  1. Kosher Climate

    Provider of carbon credit generation, environmental impact advisory, and financing services

    Air management services
    See in list
  2. Aerosol Filters

    Manufacturer of air filtration products and clean air solutions. It produces a wide variety of filters for diverse applications, including pre-filters, fine filters, HEPA filters, and carbon filters. These filters are designed for use in various sectors such as healthcare, power generation, and industrial settings. The company offers various filter types, including pocket filters, box filters, and mini-pleat filters, catering to specific needs and performance requirements. Its manufacturing process ensures economical and high-quality filters.

    Air pollution management tech
    Website
  3. Selco Foundation

    Organization focused on bringing sustainable energy solutions

    Air management services
    Website
  4. Enspar

    Enspar Energy Solutions Pvt. Ltd.

    Air management services
    Website
  5. Pneoterik

    Manufacturer of infection control air engineering systems for medical facilities

    Air pollution management tech
    Website

Environment startups in Karnataka

Newer environment and climate companies founded in recent years.

  1. Integrum Energy

    Provider of hybrid renewable energy solutions integrating wind and solar power

    Renewable energy tech
    See in list
  2. NeoGreen Power

    Provider of renewable energy project development, management, and related services

    Solar energy
    See in list
  3. NPE Waste

    Operator of electronic waste, plastic, metal, paper, and cables recycling services

    Waste & water management
    Website
  4. Vayu Shakti Renewable Energy

    Provider of advanced solutions for improved turbine reliability and operator safety, catering to the renewable energy sector

    Wind energy
    Website
  5. NammaSwadeshi

    Provider of renewable energy solutions including water heating systems, solar products, and water level controllers

    Solar energy
    Website
65 companies in Karnataka

Environment companies hiring in Karnataka

Karnataka environment companies with open roles right now.

  1. Balaji Malts

    Provider of paper recycling services

    Solar energy
    See in list
  2. InSolare Energy

    Provider of renewable energy solutions, including solar, wind, and hydrogen

    Solar energy
    See in list
  3. U-Solar Clean Energy

    Provider of solar power solutions for industrial, commercial, and residential sector

    Solar energy
    See in list
  4. Orb Energy

    Provider of solar solutions

    Solar energy
    See in list
  5. Enerparc India

    Solar project developer

    Solar energy
    See in list
23 companies in Karnataka

Listed environment companies in Karnataka

Publicly listed environment and energy companies in Karnataka.

  1. ProstarM

    Manufacturer of solar powered products

    Solar energy
    See in list
  2. MRO-TEK

    Manufactures solar UPS and inverters

    Solar energy
    See in list
  3. Thakral Services

    Provider of solar energy systems, surveillance systems and access control systems

    Solar energy
    Website
  4. Ravindra Energy

    Provider of solar panel installation services for residential and commercial

    Solar energy
    Website
4 companies in Karnataka
Mobile reach

Top 10 environment apps from Karnataka

The most-installed Android apps published by environment companies headquartered in Karnataka — 29K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

BRITA Mypure Max

by BRITA

Installs6K
Rating—
Last updatedJan 2026
View on Google Play ↗
BRITA Mypure Max screenshot 1BRITA Mypure Max screenshot 2BRITA Mypure Max screenshot 3BRITA Mypure Max screenshot 4BRITA Mypure Max screenshot 5
4

Canman

by Canman

Installs4K
Rating—
Last updatedAug 2025
View on Google Play ↗
Canman screenshot 1Canman screenshot 2Canman screenshot 3Canman screenshot 4Canman screenshot 5Canman screenshot 6
8

Reopik – Sell your scrap

by Reopik

Installs635
Rating—
Last updatedJul 2025
View on Google Play ↗
Reopik – Sell your scrap screenshot 1Reopik – Sell your scrap screenshot 2Reopik – Sell your scrap screenshot 3Reopik – Sell your scrap screenshot 4Reopik – Sell your scrap screenshot 5Reopik – Sell your scrap screenshot 6
The business behind the activity

Environment financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 193 environment companies in Karnataka for FY24-25 — 239 of the 468 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 76% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹29,604.14 cr

193 companies filing accounts

combined net profit₹1,361.23 cr

4.6% aggregate margin

are profitable71%

137 of 193 companies

median revenue~₹7.6 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five76%

revenue concentration

Six-year view

Combined revenue of filing companies

₹13,857.16 crFY19-20172 filers
₹12,055.37 crFY20-21189 filers
₹17,677.40 crFY21-22194 filers
₹22,343.47 crFY22-23198 filers
₹13,887.79 crFY23-24196 filers
₹29,604.14 crFY24-25193 filers

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

Like-for-like

The same 166 companies over three years

+36%
FY22-23₹10,948.89 cr₹334.16 cr net
FY23-24₹13,566.69 cr₹451.11 cr net
FY24-25₹14,923.24 cr₹823.58 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 cr5129% profitable
₹1–10 cr5881% profitable
₹10–100 cr6088% profitable
₹100–1,000 cr2090% profitable
Over ₹1,000 cr4100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking65
0–20%35
20–50%40
50–100%18
Doubled+23

181 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

137profitable
56loss-making
4.6%aggregate margin
1.8%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
WiseBinWISEBIN PRIVATE LIMITED+915%₹15.19 cr
USEIPLUNITED SUSTAINABLE ENERGY INDIA PRIVATE LIMITED+687%₹18.58 cr
POM Systems & ServicesPOM SYSTEMS AND SERVICES PRIVATE LIMITED+286%₹25.63 cr
Haat Incinerators IndiaHAAT INCINERATORS INDIA PRIVATE LIMITED
DhaSh PV TechnologiesDHASH PV TECHNOLOGIES LIMITED+184%₹557.70 cr
KIS GroupKNOWLEDGE INTEGRATION SERVICES INDIA PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
USEIPLUNITED SUSTAINABLE ENERGY INDIA PRIVATE LIMITED97.3%₹18.58 cr
GreenergyGREENERGY WIND CORPORATION PRIVATE LIMITED
Atria PowerATRIA POWER CORPORATION PRIVATE LIMITED
Golflinks Software ParkGOLFLINKS SOFTWARE PARK PRIVATE LIMITED35.2%
Doddanavar Global EnergyDODDANAVAR GLOBAL ENERGY PRIVATE LIMITED
Ecotech EngineeringECOTECH ENGINEERING CONSULTANCY PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy90₹24,335.13 cr~₹7.8 cr77%4.1%
Waste & water management63₹2,149.83 cr~₹3.2 cr67%2.0%
Wind energy7₹338.39 cr~₹18.6 cr71%14.4%
Environment consultancy services5₹154.89 cr~₹7.3 cr40%-1.0%
Leaders

Largest environment companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
KPCLKARNATAKA POWER CORPORATION LIMITED₹14,509.67 cr₹563.40 cr3.9%—
Balaji MaltsBALAJI MALTS PRIVATE LIMITED₹4,395.83 cr₹80.69 cr1.8%-27%
EmmveeEMMVEE PHOTOVOLTAIC POWER LIMITED₹1,792.57 cr₹161.92 cr9.0%+44%
AltiliumALTILIUM ENERGIE PRIVATE LIMITED₹1,199.08 cr₹14.88 cr1.2%>10×
Golflinks Software ParkGOLFLINKS SOFTWARE PARK PRIVATE LIMITED₹235.65 cr35.2%
Tt Recycling ManagementTT RECYCLING MANAGEMENT INDIA PRIVATE LIMITED₹661.45 cr₹5.33 cr0.8%+1%
DhaSh PV TechnologiesDHASH PV TECHNOLOGIES LIMITED₹557.70 cr₹82.01 cr14.7%+184%
Orchid LaminatesORCHID LAMINATES PRIVATE LIMITED₹452.63 cr₹10.13 cr2.2%-4%
InSolare EnergyINSOLARE ENERGY LIMITED₹434.19 cr₹15.94 cr3.7%+166%
ProstarMPROSTARM INFO SYSTEMS LIMITED₹347.78 cr₹30.51 cr8.8%+35%
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 Karnataka 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 Karnataka
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 Karnataka 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, Karnataka13

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 Karnataka

13Acquisition

Most active acquirers

  1. ONGC-NTPC Green Pvt Ltd8
  2. Thakral2
  3. Wipro infrastructure engineering1
  4. ONGCNTPC Green1
  5. Oil & Natural Gas Corporation Ltd. (ONGC)1

Most acquired or merged

  1. Ayana renewable power9
  2. TIL Investments Private Limited (TIL)1
  3. TIL Investments Private Limited1
  4. Lauak group1
  5. Ayana1

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 Karnataka

23 environment companies in Karnataka have recorded equity funding, US$64.07m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind environment companies in Karnataka. 172 of 468 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka environment companies by sub-sector

The most common specialisations among environment companies in Karnataka. 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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