Company lists
The Madhya Pradesh edition · 2026

Environmentcompanies in Madhya Pradesh

Waste & water, solar, environment consulting, wind & hydro, energy efficiency & green buildings and more: the companies building environment in Madhya Pradesh, with their founders, funding, team size and business models.

95 company profiles35 with reported revenue0 with recorded fundingOctober 2026 edition
Madhya Pradesh · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent environment business events in India

Funding, M&A, contract wins and launches involving 5,556 environment companies in India, last 24 months: 643 Contracts · 143 M&A deals · 88 funding rounds · 8 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation (UPCL)

Sharika Enterprises, a power sector and smart infrastructure solution company, has secured a key subcontract for the deployment of an Advanced Distribution Management System (ADMS) under…

Power distribution
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
FundingQualified Institutional Placement (QIP)

Acme solar

Acme Solar aims to raise up to ₹2,800 crore through the QIP. The issue comprises a base size of ₹2,600 crore, along with a greenshoe option of ₹200 crore.

Investors Na
ContractTechnology

Sharika enterprises · client: Uttarakhand power corporation limited (upcl)

Awarded under the Uttarakhand Power Corporation Limited's (UPCL) flagship Ganga Corridor power distribution modernization project, Sharika Enterprises will work with East India Udyog…

Power
M&AAcquisition · Announced

Aditya birla group acquires Sprng energy

According to sources to Manicontrol, after collecting binding bids, Aditya Birla Group, led by Kumar Mangalum Birla, has taken the lead in the race to buy Indian Renewable Energy…

Renewable Energy
ContractSupply

Hoganäs India Private Limited · client: Hinduja renewables

Hinduja Renewables Energy Private Limited (HREPL), the renewable energy Company of the Hinduja Group, has signed solar Power Delivery Agreements with Höganäs India Private Limited and…

Renewable energy
ContractSupply

Hirschvogel Components · client: Hinduja renewables

Hinduja Renewables Energy Private Limited (HREPL), the renewable energy Company of the Hinduja Group, has signed solar Power Delivery Agreements with Höganäs India Private Limited and…

Renewable energy
ContractSupply

Saatvik Green Energy · client: Domestic independent power producer

Saatvik Green Energy Limited today announced that it has received and accepted an order aggregating to ₹171.45 crore for a domestic independent power producer.

Clean energy / solar
LaunchReverse Mentoring

K raheja corp

K Raheja Corp, one of India's leading real estate conglomerates, has launched 'Reverse Mentoring', a people-focused learning initiative designed to encourage meaningful dialogue between…

Learning and Development
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

JSW Energy acquires Toshiba Jsw Power Systems

JSW Energy has executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems (TJPS), by way of a secondary purchase of equity shares from Toshiba…

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
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
ContractSupply

Hpl electric & power · client: GMR Triveni Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
ContractSupply

Hpl electric & power · client: GMR Kashi Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
Funding

Waaree energies

Waaree Energies has announced plans to enter the semiconductor segment as part of a broader restructuring exercise, alongside the approval of a fundraising programme of up to ₹100…

Semiconductor, Power Electronics, Renewable Energy
M&AAcquisition · Announced

Waaree acquires Waaree

Waaree Power Private Limited, a wholly owned subsidiary, will acquire 100% shareholding of Waaree Semicon Private Limited from Waaree Sustainable Finance Private Limited

ContractSupply

Bondada Engineering · client: Ambuja cements

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
M&AAcquisition · Completed

Saatvik Green Energy acquires Melcon Transformers and Electricals

Saatvik Green Energy has acquired 80% equity stake in Melcon Transformers and Electricals, a Jaipur-based transformer manufacturer.

Transformer Manufacturing
M&AAcquisition · Announced

Premier energies acquires Ksolare energy

Premier Energies acquired a 51% stake in transformer manufacturer Transcon and inverter producer KSolare Energy. Premier invested INR5 billion (US$56.96 million) in Transcon and INR1.7…

Inverter Production
ContractInfrastructure

Solarworld Energy Solutions Limited · client: NTPC Renewable Energy

Solarworld Energy Solutions Limited has announced the signing of an Engineering, Procurement, and Construction (EPC) contract with NTPC Renewable Energy Limited for the development of a…

Renewable Energy
M&AAcquisition · Completed

Inox Clean Energy acquires Vibrant energy

It then went on to acquire Macquarie-owned Vibrant Energy, an Indian renewable energy company that supplies electricity to Amazon’s establishments in the country.

Renewable Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

It also announced the acquisition of a solar projects portfolio from SunSource Energy, the Indian arm of the Netherlands-based SHV Energy.

Solar Projects
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

It also announced the acquisition of a solar projects portfolio from SunSource Energy, the Indian arm of the Netherlands-based SHV Energy.

Solar Energy
ContractGovernment

Uttar Pradesh government · client: Loom solar

Loom Solar has secured a second land allotment from the Uttar Pradesh government to scale its solar and Battery Energy Storage Systems (BESS) manufacturing capacity.

Renewable Energy
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
M&AAcquisition · Pending

National Investment and Infrastructure Fund (NIIF) acquires Sprng energy

National Investment and Infrastructure Fund (NIIF) has emerged as the frontrunner to acquire Sprng Energy from Shell for nearly $1.7 billion, said people in the know, as India’s…

Renewable Power / Energy
M&AAcquisition · Completed

Shell Group acquires Sprng energy

Shell Group acquired Sprng as part of a global clean energy pivot for $1.55 billion in 2022.

Renewable Energy

Environment companies in Madhya Pradesh, by revenue

Browse environment companies in Madhya Pradesh by reported revenue, one-year revenue growth, revenue model, age and stage. The 35 companies below are the largest by their most recent reported revenue among 35 environment companies in Madhya Pradesh 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 35

Provider of climate change consultancy services

Services for energy efficiency
₹1,299.32 crFY 2022-23
Not reported
186+73% 12 mo to Mar 2023LinkedIn · Oct 2026
18 yr2008
—No postings tracked

Provider of solar PV modules, inverters, mounting, and accessories

Solar energy
₹146.46 crFY 2024-25
+147%2024–2025
—Not available
12 yr2014
0none in 3 months

Manufacturer of energy-efficient solutions, specializing in solar-powered water pumping systems and other cost-effective power supply solutions

Solar energy
₹103.61 crFY 2024-25
+27%2024–2025
54LinkedIn · Jul 2026
34 yr1992
0none in 3 months · last posted Jul 2026

Developer of solar energy projects

Solar energy
₹77.40 crFY 2024-25
+10%2024–2025
76LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Installer of utility-scale solar PV systems

Solar energy
₹52.87 crFY 2023-24
Not reported
238-14% 12 mo to Mar 2024LinkedIn · Oct 2026
47 yr1979
—No postings tracked

Plastic waste management company, converting waste into useful products

Waste & water management
₹38.10 crFY 2023-24
+4%2023–2024
20LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of water management services

Waste & water management
₹36.13 crFY 2024-25
+150%2024–2025
138+15% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
0none in 3 months

Water infrastructure EPC projects and OEM services provided by Adroit Water Projects, a total water solution enterprise

Waste & water management
₹31.81 crFY 2024-25
-10%2024–2025
—Not available
39 yr1987
0none in 3 months

Provider of sustainability and climate change advisory and project development

Environment consultancy services
₹24.04 crFY 2024-25
-9%2024–2025
59LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jul 2026

Provider of O&M services for solar power plants

Solar energy
₹23.61 crFY 2024-25
+248%2024–2025
—Not available
6 yr2020
0none in 3 months

Manufacturer of technical plastic sheets of EVA production an extrudable random copolymer

Solar energy
₹21.35 crFY 2024-25
+229%2024–2025
18LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer of water treatment, effluent treatment, and sewage treatment plants

Waste & water management
₹20.39 crFY 2024-25
+91%2024–2025
—Not available
15 yr2011
0none in 3 months

Trader and wholesaler of silent diesel generators and solar power products.

Solar energy
₹15.67 crFY 2024-25
+45%2024–2025
—Not available
25 yr2001
0none in 3 months

Provider of waste management services

Waste & water management
₹12.69 crFY 2024-25
Not reported
52+67% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Dec 2025

Provider of solar solutions for residential and commercial properties

Solar energy
₹9.89 crFY 2024-25
+193%2024–2025
—Not available
5 yr2021
0none in 3 months

Provider of solar energy services for residential & commercial

Solar energy
₹8.29 crFY 2023-24
Not reported
44LinkedIn · Jul 2026
4 yr2022
2postings · last posted Sep 2026

Provider of carbon credits & offsets and EPR compliances services

Waste & water management
₹8.33 crFY 2024-25
+56%2024–2025
36LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jun 2026

Solar installation, design, and maintenance service provider

Solar energy
₹6.68 crFY 2024-25
+123%2024–2025
10LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of educational and environmental laboratory equipment. This company designs and manufactures didactic solutions for various science disciplines, including physics, electrical engineering, embedded systems, and renewable energy. Products are tailored for educational institutions ranging from schools to universities. The equipment facilitates hands-on learning and skill development. Post-sale service and support are provided.

Air management services
₹6.46 crFY 2024-25
-28%2024–2025
31-13% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Provider of a solar platform offering CRM, proposal creation, and procurement tools

Renewable energy tech
₹6.12 crFY 2024-25
+241%2024–2025
10LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Waste collection and management services provider

Waste & water management
₹3.37 crFY 2024-25
+15%2024–2025
—Not available
9 yr2017
0none in 3 months

Manufacturer of UV air purifiers and industrial turnkey projects, specializing in biogas plants, oxygen plants, and biogas purification plants

Solar energy
₹3.27 crFY 2024-25
+35%2024–2025
—Not available
6 yr2020
0none in 3 months

Provider of wind energy solutions

Wind energy
₹3.16 crFY 2024-25
+647%2024–2025
—Not available
10 yr2016
0none in 3 months

Retailer of LED street lights, flood lights, and high bay lights

Printed circuit boards
₹2.79 crFY 2024-25
+5%2024–2025
—Not available
13 yr2013
0none in 3 months

Distributed rural solar powered energy solutions developer

Solar energy
₹2.61 crFY 2024-25
Not reported
—Not available
14 yr2012
0none in 3 months
35 of 95 companies shown here · the full list is on Radar
Fliar Radar

Explore all 95 environment companies in Madhya Pradesh on Radar

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  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore environment companies in Madhya Pradesh by what you are looking for

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

8 ways to explore environment in Madhya Pradesh

Waste & water management companiesSolar energy companiesEnvironmental consulting & sustainability companiesWind & hydro power companiesEnergy efficiency, air quality & green building companiesEnvironment startups in Madhya Pradesh

Waste & water management companies

Companies treating wastewater and handling recycling and waste collection.

  1. Enviro Recyclean

    Plastic waste management company, converting waste into useful products

    Waste & water management
    See in list
  2. VEXL

    Provider of water management services

    Waste & water management
    See in list
  3. Adroit Associates

    Water infrastructure EPC projects and OEM services provided by Adroit Water Projects, a total water solution enterprise

    Waste & water management
    See in list
  4. Inhibeo Water Solution & Technologies

    Manufacturer of water treatment, effluent treatment, and sewage treatment plants

    Waste & water management
    See in list
  5. Swaaha

    Provider of waste management services

    Waste & water management
    See in list
35 companies in Madhya Pradesh

Solar energy companies

Solar panel makers, installers and project developers.

  1. Trade Plus

    Provider of solar PV modules, inverters, mounting, and accessories

    Solar energy
    See in list
  2. Dynamech Electropower

    Manufacturer of energy-efficient solutions, specializing in solar-powered water pumping systems and other cost-effective power supply solutions

    Solar energy
    See in list
  3. Pickrenew Energy

    Developer of solar energy projects

    Solar energy
    See in list
  4. Ujaas

    Installer of utility-scale solar PV systems

    Solar energy
    See in list
  5. Khare Energy

    Provider of O&M services for solar power plants

    Solar energy
    See in list
29 companies in Madhya PradeshAll 1,263 solar energy companies in India →

Environmental consulting & sustainability companies

Advisory firms for climate, sustainability, ESG and environmental compliance.

  1. EnKing

    Provider of climate change consultancy services

    Services for energy efficiency
    See in list
  2. Infinite Solutions

    Provider of sustainability and climate change advisory and project development

    Environment consultancy services
    See in list
  3. Enviraj

    Environmental consultancy company that develops solutions in the water quality and water utilization domain

    Environment consultancy services
    See in list
  4. Clima Cool

    Manufacturer of modular chiller systems customizable to meet commercial requirements

    Environment consultancy services
    See in list
  5. Planethos

    Provider of sustainability consulting services

    Management consulting services
    Website

Wind & hydro power companies

Wind turbine makers, wind energy consultants and hydro power providers.

  1. Sanwaliya Wind Tech

    Provider of wind energy solutions

    Wind energy
    See in list
  2. Consolidated Energy Consultants

    Wind Energy Engineering Consultancy provider

    Wind energy
    See in list
  3. Extol Wind

    Utility scale wind turbine manufacturers

    Wind energy
    See in list
  4. SunCarrier Omega

    Manufactures sun tracking systems

    Solar energy
    Website
  5. Adeeg

    Provider of technical consulting for renewable energy and sustainability solutions

    Wind energy
    Website
9 companies in Madhya PradeshAll 233 wind energy companies in India →

Energy efficiency, air quality & green building companies

Providers of efficient lighting, air quality services and green building design.

  1. Climeto

    Provider of carbon credits & offsets and EPR compliances services

    Waste & water management
    See in list
  2. Nvistech

    Manufacturer of educational and environmental laboratory equipment. This company designs and manufactures didactic solutions for various science disciplines, including physics, electrical engineering, embedded systems, and renewable energy. Products are tailored for educational institutions ranging from schools to universities. The equipment facilitates hands-on learning and skill development. Post-sale service and support are provided.

    Air management services
    See in list
  3. Prudent Systems

    Solar and LED lighting products manufacturer

    Energy efficiency
    See in list
  4. paradise garden

    Paradise Garden is revolutionizing the way people think about Landscaping. transforming the concrete around us into lively green spaces.

    Green buildings
    Website
  5. SPACEGENICS

    Provider of architectural services for green buildings

    Green buildings
    Website

Environment startups in Madhya Pradesh

Newer environment companies founded in the last few years.

  1. Solar-Speciality Films

    Manufacturer of technical plastic sheets of EVA production an extrudable random copolymer

    Solar energy
    See in list
  2. LuxSun Energy

    Provider of solar solutions for residential and commercial properties

    Solar energy
    See in list
  3. Climeto

    Provider of carbon credits & offsets and EPR compliances services

    Waste & water management
    See in list
  4. Zxsolar Energies

    Provider of rooftop solar panel installation services

    Solar energy
    See in list
  5. Clima Cool

    Manufacturer of modular chiller systems customizable to meet commercial requirements

    Environment consultancy services
    See in list
20 companies in Madhya Pradesh

Listed environment companies in Madhya Pradesh

Publicly listed environment companies.

  1. EnKing

    Provider of climate change consultancy services

    Services for energy efficiency
    See in list
  2. Ujaas

    Installer of utility-scale solar PV systems

    Solar energy
    See in list
  3. Jash Engineering

    Jash Engineering is a manufacturing company that provides equipment for water intake systems and waste water pumping stations.

    Waste & water management
    Website
3 companies in Madhya Pradesh

Environment companies hiring in Madhya Pradesh

Companies with open jobs right now.

  1. Dynamech Electropower

    Manufacturer of energy-efficient solutions, specializing in solar-powered water pumping systems and other cost-effective power supply solutions

    Solar energy
    See in list
  2. Infinite Solutions

    Provider of sustainability and climate change advisory and project development

    Environment consultancy services
    See in list
  3. Swaaha

    Provider of waste management services

    Waste & water management
    See in list
  4. Surayay Namah Energy

    Provider of solar energy services for residential & commercial

    Solar energy
    See in list
  5. Climeto

    Provider of carbon credits & offsets and EPR compliances services

    Waste & water management
    See in list
6 companies in Madhya Pradesh
The business behind the activity

Environment financials in Madhya Pradesh

Revenue, profit and growth from the filed annual accounts of 32 environment companies in Madhya Pradesh for FY24-25 — 39 of the 95 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 71% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹771.46 cr

32 companies filing accounts

combined net profit₹34.27 cr

4.4% aggregate margin

are profitable81%

26 of 32 companies

median revenue~₹6.3 cr

the typical company

median revenue growth+35%

into FY24-25

earned by the top five71%

revenue concentration

Six-year view

Combined revenue of filing companies

₹192.84 crFY19-2020 filers
₹285.12 crFY20-2122 filers
₹2,002.14 crFY21-2227 filers
₹1,587.85 crFY22-2328 filers
₹716.14 crFY23-2434 filers
₹771.46 crFY24-2532 filers

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

Like-for-like

The same 26 companies over three years

-54%
FY22-23₹1,549.76 cr₹101.66 cr net
FY23-24₹655.39 cr−₹84.64 cr net
FY24-25₹711.60 cr₹41.38 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 cr667% profitable
₹1–10 cr1486% profitable
₹10–100 cr978% profitable
₹100–1,000 cr3100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking7
0–20%5
20–50%5
50–100%3
Doubled+9

29 companies with accounts for both years; median growth +35%.

Profitability

Profit is concentrated at the top

26profitable
6loss-making
4.4%aggregate margin
2.0%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
Khare EnergyKHARE ENERGY PRIVATE LIMITED+248%₹23.61 cr
VEXLVEXL ENVIRON PROJECTS PRIVATE LIMITED+150%₹36.13 cr
Trade PlusTRADE PLUS RESOURCES AND SOLUTIONS PRIVATE LIMITED+147%₹146.46 cr
Inhibeo Water Solution & TechnologiesINHIBEO WATER SOLUTION AND TECHNOLOGIES PRIVATE LIMITED+91%₹20.39 cr
Onward EnergiesONWARD ENERGIES PRIVATE LIMITED+45%₹15.67 cr
Dynamech ElectropowerDynamech Electropower Private Limited+27%₹103.61 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
UjaasUJAAS ENERGY LIMITED25.8%₹34.36 cr
Pickrenew EnergyPICKRENEW ENERGY PRIVATE LIMITED10.9%₹77.40 cr
VEXLVEXL ENVIRON PROJECTS PRIVATE LIMITED10.3%₹36.13 cr
SwaahaSWAAHA RESOURCE MANAGEMENT PRIVATE LIMITED9.9%₹12.69 cr
EnKingEKI ENERGY SERVICES LIMITED8.4%₹181.54 cr
Dynamech ElectropowerDynamech Electropower Private Limited5.3%₹103.61 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy13₹425.84 cr~₹9.9 cr85%5.4%
Waste & water management10₹118.00 cr~₹5.9 cr80%6.2%
Leaders

Largest environment companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
EnKingEKI ENERGY SERVICES LIMITED₹181.54 cr₹15.26 cr8.4%-33%
Trade PlusTRADE PLUS RESOURCES AND SOLUTIONS PRIVATE LIMITED₹146.46 cr₹1.03 cr0.7%+147%
Dynamech ElectropowerDynamech Electropower Private Limited₹103.61 cr₹5.54 cr5.3%+27%
Pickrenew EnergyPICKRENEW ENERGY PRIVATE LIMITED₹77.40 cr₹8.47 cr10.9%+10%
VEXLVEXL ENVIRON PROJECTS PRIVATE LIMITED₹36.13 cr₹3.71 cr10.3%+150%
UjaasUJAAS ENERGY LIMITED₹34.36 cr₹8.85 cr25.8%-35%
Adroit AssociatesADROIT ASSOCIATES PRIVATE LIMITED₹31.81 cr₹1.44 cr4.5%-10%
Infinite SolutionsInfinite Environmental Solutions Limited₹24.04 cr−₹5.93 cr-24.7%—
Khare EnergyKHARE ENERGY PRIVATE LIMITED₹23.61 cr−₹1.38 cr-5.8%+248%
Inhibeo Water Solution & TechnologiesINHIBEO WATER SOLUTION AND TECHNOLOGIES PRIVATE LIMITED₹20.39 cr₹74.77 lakh3.7%+91%
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 Madhya Pradesh 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 Madhya Pradesh
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 Madhya Pradesh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months15

US$737.10m

equity rounds, last 24 months70

US$1.35bn

raised over five yearsUS$5.13bn

219 rounds in India

M&A deals, India143

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 India

135Acquisition
7Merger
1Announced

Most active acquirers

  1. Waaree energies14
  2. Inox Clean Energy11
  3. Premier energies9
  4. ONGC-NTPC Green Pvt Ltd8
  5. Thermax4

Most acquired or merged

  1. Sprng energy10
  2. Ayana renewable power9
  3. Wind World India7
  4. Vibrant energy6
  5. Ksolare energy6

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

Founders and momentum in Madhya Pradesh

Meet the people behind environment companies in Madhya Pradesh. 30 of 95 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Madhya Pradesh environment companies by sub-sector

The most common specialisations among environment companies in Madhya Pradesh. 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.

Coming soon