Company lists
The Ahmedabad edition · 2026

Environment techcompanies in Ahmedabad

Energy, water, solar, waste, facility & property and more: the companies building environment tech in Ahmedabad, Gujarat, with their founders, funding, team size and business models.

82 company profiles41 with reported revenue9 with recorded fundingOctober 2026 edition
Ahmedabad · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent environment tech business events in India

Funding, M&A, contract wins and launches involving 2,459 environment tech companies in India, last 24 months: 64 Contracts · 55 funding rounds · 33 M&A deals · 6 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
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
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
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
Funding

Ecoil

Clean energy startup Ecoil has raised about $2.5 million in a funding round led by early-growth stage venture capital firm Fundalogical Ventures.

Investors Caspian Impact Investment, Momentum capital, The chennai angels
Clean Energy
M&AAcquisition · Announced

Multiple potential suitors (Brookfield, Macquarie, KKR, Actis) acquires IntelliSmart Infrastructure

Promoters of IntelliSmart are seeking an enterprise valuation of about $700 million (₹6,520 crore), the people said.

Smart Metering
ContractSupply

Serentica renewables · client: Cairn Oil & Gas

Cairn Oil & Gas, part of the Vedanta Group, has started sourcing 25 MW of renewable hybrid power from Serentica Renewables for its Barmer oil field in Rajasthan.

Energy
M&AAcquisition · Rumored

Na acquires IntelliSmart Infrastructure

Mumbai: More than half a dozen potential suitors including global investors Brookfield, Macquarie, KKR, and Actis are in early-stage talks to acquire IntelliSmart Infrastructure, said…

ContractSupply

Serentica renewables · client: Sanathan Polycot

Serentica Renewables has inked a deal with Sanathan Polycot to provide 32 MW of hybrid renewable energy.

Funding

Ecofy

Ecofy, an NBFC focused on financing climate change solutions, raised Rs 380.5 crore ($41 million approx,) from BII and DAIF.

Investors Bii, DAIF
FinTech
Funding

Living things

Spadel has invested in UK beverage company Living Things through its venture capital arm, The Source Ventures, as part of a new funding round aimed at accelerating growth.

Investors Spadel
ContractTechnology

Genrobotics · client: Pub

Genrobotics, the Indian deep-tech leader redefining hazardous infrastructure maintenance, has secured a major contract with PUB, Singapore’s National Water Agency.

Infrastructure
FundingSeed

Hycosys

In a seed funding round headed by MountTech Growth Fund-Kavachh, deep-tech engineering startup Hycosys has raised more than $1 million, or roughly Rs 9 crore.

Investors MountTech Growth Fund-Kavachh
Deep-tech engineering
ContractInfrastructure

Organic recycling systems · client: Shreyam Manek Agro Products Pvt. Ltd

The Bioenergy Project Development and EPC vertical of Organic Recycling Systems (ORSL) has secured a large scale order from Shreyam Manek Agro Products Pvt. Ltd for the construction of a…

Bioenergy
M&AAcquisition · Announced

Inox green energy services acquires Wind World India

At the same time, Inox Green Energy Services will take over Wind World India’s O&M business, strengthening its presence in the renewable asset management space.

Operations & Maintenance
M&AAcquisition · Announced

Inox green energy services acquires Wind World India – O&M arm

Meanwhile, Inox Green Energy Services will take over Wind World India’s O&M arm.

Operations & Maintenance
FundingSeed

Ukhi

Ukhi High Tech > Advanced Materials Haryana $1.16M Seed Venture Catalysts

Advanced Materials
FundingCSR

Amida Cleantech Private Limited

Jindal Stainless, India’s leading stainless steel manufacturer, is funding an innovative, indigenous advanced air purification system at the Shri Kashi Vishwanath Dham (SKVD) Ramp…

Air purification
FundingPre‑Series A

Padcare labs

Padcare Labs, a health tech company, raised $3 million in a Pre‑Series A round led by Rainmatter, with participation from 3one4 Capital and Brigade Reap.

Medical/HealthTech
LaunchLadakh

Smart air

The Ladakhs are powerful, quiet standalone air purifiers that provide huge amounts of clean air for a cost‑effective price. All this whilst operating at whisper‑quiet noise levels.

Air purifier
FundingSeries B

Varaha

Varaha, the Indian climate tech firm pioneering carbon measurement and removal solutions for agriculture and forestry, has raised $20 million in a Series B funding round to accelerate…

Climate technology
ContractTechnology

Honeywell · client: TruAlt Bioenergy

Honeywell on Wednesday said that TruAlt Bioenergy Limited will use its Ethanol-to-Jet (ETJ) process technology to produce 80,000 tons per annum (TPA) of sustainable aviation fuel (SAF)…

Sustainable Aviation Fuel
M&AAcquisition · Announced

Genus Power Infrastructures acquires Newlectric Innovation Pvt Ltd

Genus Power said that on January 20, 2026, it entered into an agreement to acquire around 34.35 lakh equity shares of Newlectric Innovation, representing 86.49 per cent of its equity…

Smart Electricity Meters Manufacturing
M&AAcquisition · Announced

Genus power infrastructure acquires Newlectric Innovation

Genus Power Infrastructure has signed a share purchase agreement to acquire the remaining 86.49% stake in Newlectric Innovation, a smart meter manufacturer.

Smart meter manufacturing
M&AAcquisition · Announced

Organic recycling systems acquires Industrial Associates Partnership Firm

Organic Recycling Systems Limited announced the acquisition of Industrial Associates Partnership Firm for ₹14.83 crores, as disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015.

Chemical trading and distribution
ContractSupply

Varaha · client: Microsoft

Microsoft has signed a deal with Indian startup Varaha to buy more than 100,000 tons of carbon dioxide removal credits over the next three years, through 2029, expanding its portfolio of…

Carbon removal

Environment tech companies in Ahmedabad, by revenue

Browse environment tech companies in Ahmedabad by reported revenue, one-year revenue growth, revenue model, age and stage. The 41 companies below are the largest by their most recent reported revenue among 41 environment tech companies in Ahmedabad, 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 41

Provider of smart metering solution

Smart grid
₹667.39 crFY 2024-25
+637%2024–2025
54+100% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
1postings · last posted Sep 2026

Provider of water and wastewater quality monitoring solutions

Water and wastewater management tech
₹180.14 crFY 2024-25
+16%2024–2025
21LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Power plant and asset monitoring platform

Renewable energy tech
₹176.49 crFY 2024-25
+75%2024–2025
262LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Apr 2026

Manufacturer of solar panels and indoor LED lights

Solar energy
₹84.40 crFY 2024-25
-8%2024–2025
23+0% 12 mo to Mar 2024LinkedIn · Oct 2026
27 yr1999
0none in 3 months · last posted Jul 2026

Manufacturer of recycling equipment

Solid waste management tech
₹80.24 crFY 2024-25
+49%2024–2025
66+101% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jun 2026

Provider of an energy monitoring system

Facility management tech
₹58.74 crFY 2024-25
+19%2024–2025
60LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of software for solar designing

Renewable energy tech
₹58.47 crFY 2024-25
+38%2024–2025
108+114% 12 mo to Sep 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months · last posted Apr 2026

IoT solutions for enterprise

Internet of things infrastructure
₹38.34 crFY 2024-25
-24%2024–2025
2+0% 12 mo to Feb 2024recorded Feb 2024
15 yr2011
0none in 3 months

Manufacturer of steam boilers

Energy efficiency tech
₹28.29 crFY 2024-25
+17%2024–2025
19+0% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of environmental monitoring systems for air quality and weather conditions

Air pollution management tech
₹25.25 crFY 2024-25
Not reported
123+30% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Sep 2026

Provider of smart metering devices

Smart grid
₹21.05 crFY 2024-25
+8%2024–2025
33-16% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of electrical, instrumentation, and control engineering and EPC contracting services

Solar energy
₹20.26 crFY 2024-25
-30%2024–2025
1LinkedIn · Jul 2026
18 yr2008
0none in 3 months

AI‑driven robotic and vision‑based sorting systems for waste‑management, recycling, and food‑processing applications

Solid waste management tech
₹16.23 crFY 2024-25
+229%2024–2025
95+81% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Manufacturer of reverse vending machines and organic waste composters

Solid waste management tech
₹15.44 crFY 2024-25
+49%2024–2025
16LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted May 2026

Technology solution for water treatment

Water and wastewater management tech
₹11.62 crFY 2024-25
-62%2024–2025
22+38% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jul 2026

Provider of LED lighting solution

Energy efficiency tech
₹9.76 crFY 2024-25
+22%2024–2025
6LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Online B2B solar marketplace and service provider

B2b e-commerce
₹8.07 crFY 2021-22
-16%2021–2022
5-50% 12 mo to Apr 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of carbon credit trading and sustainability consulting services

Air pollution management tech
₹7.98 crFY 2024-25
Not reported
10LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Used oil recycling systems provider

Solid waste management tech
₹7.39 crFY 2024-25
+19%2024–2025
2LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of industrial and domestic water treatment solutions

Water and wastewater management tech
₹6.71 crFY 2024-25
-5%2024–2025
37LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Provider of grid network monitoring solutions

Smart grid
₹4.03 crFY 2024-25
Not reported
8-27% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months

Water and wastewater treatment technology

Water and wastewater management tech
₹2.94 crFY 2024-25
+101%2024–2025
—Not available
16 yr2010
0none in 3 months

Manufacturer of solar water pumps, solar panels/modules, and solar rooftops

Solar energy
₹2.14 crFY 2024-25
-78%2024–2025
12LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Home automation and energy intelligence solution

Property management tech
₹1.02 crFY 2024-25
-30%2024–2025
—Not available
10 yr2016
0none in 3 months

Manufacturer of sustainable material science solutions converting agricultural waste into natural textile fibres

Advanced materials
₹88.17 lakhFY 2024-25
-20%2024–2025
4LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Nov 2025
41 of 82 companies shown here · the full list is on Radar
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Explore all 82 environment tech companies in Ahmedabad on Radar

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Open environment tech in Ahmedabad on Radar
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Explore environment tech companies in Ahmedabad by what you are looking for

Find environment tech companies in Ahmedabad working on energy, water, waste and air quality. See environment tech startups in Ahmedabad and which companies are hiring.

8 ways to explore environment tech in Ahmedabad

Energy efficiency & smart grid technology companiesWater & wastewater treatment technology companiesSolar & renewable energy technology companiesWaste management & recycling technology companiesFacility & property management technology companiesAir pollution & environmental monitoring companies

Energy efficiency & smart grid technology companies

Providers of energy monitoring, smart meters, LED lighting and energy management systems.

  1. Electrify Energy

    Provider of smart metering solution

    Smart grid
    See in list
  2. GRE Renew Enertech

    Manufacturer of solar panels and indoor LED lights

    Solar energy
    See in list
  3. ACS

    Provider of an energy monitoring system

    Facility management tech
    See in list
  4. Smartmeters Technologies

    Provider of smart metering devices

    Smart grid
    See in list
  5. Alurays

    Provider of LED lighting solution

    Energy efficiency tech
    See in list

Water & wastewater treatment technology companies

Companies offering water treatment, quality monitoring and wastewater solutions.

  1. Next Engineering

    Provider of water and wastewater quality monitoring solutions

    Water and wastewater management tech
    See in list
  2. Sauber Environmental Solutions

    Technology solution for water treatment

    Water and wastewater management tech
    See in list
  3. PowerH2O

    Provider of industrial and domestic water treatment solutions

    Water and wastewater management tech
    See in list
  4. Bright Solar

    Manufacturer of solar water pumps, solar panels/modules, and solar rooftops

    Solar energy
    See in list
  5. Weismacher

    Provider of electromagnetic water conditioning solutions

    Water and wastewater management tech
    See in list

Solar & renewable energy technology companies

Firms in solar design, solar products and renewable power monitoring.

  1. GRE Renew Enertech

    Manufacturer of solar panels and indoor LED lights

    Solar energy
    See in list
  2. AhaSolar

    Provider of software for solar designing

    Renewable energy tech
    See in list
  3. Hkapl

    IoT solutions for enterprise

    Internet of things infrastructure
    See in list
  4. IceCube

    Provider of electrical, instrumentation, and control engineering and EPC contracting services

    Solar energy
    See in list
  5. Ezysolare

    Online B2B solar marketplace and service provider

    B2b e-commerce
    See in list

Waste management & recycling technology companies

Recycling equipment makers, waste sorting robotics and waste collection services.

  1. Fornnax

    Manufacturer of recycling equipment

    Solid waste management tech
    See in list
  2. Ishitva Robotic Systems

    AI‑driven robotic and vision‑based sorting systems for waste‑management, recycling, and food‑processing applications

    Solid waste management tech
    See in list
  3. Endlos

    Manufacturer of reverse vending machines and organic waste composters

    Solid waste management tech
    See in list
  4. Erdol Rahmen

    Used oil recycling systems provider

    Solid waste management tech
    See in list
  5. AltMat

    Manufacturer of sustainable material science solutions converting agricultural waste into natural textile fibres

    Advanced materials
    See in list

Facility & property management technology companies

Software and automation for buildings, visitors, societies and smart homes.

  1. Midaas

    Provider of grid network monitoring solutions

    Smart grid
    See in list
  2. Futuriztic

    Home automation and energy intelligence solution

    Property management tech
    See in list
  3. Ecolibrium

    Provider of AI-powered platform for optimizing industrial equipment and portfolio performance

    Grc software
    See in list
  4. IncSmart

    Developer of a cloud-based energy management solution

    Energy efficiency tech
    See in list
  5. easilyDone

    Housing and commercial society management application

    Energy efficiency tech
    See in list

Air pollution & environmental monitoring companies

Providers of air quality monitoring, purification and emission management.

  1. Oizom

    Provider of environmental monitoring systems for air quality and weather conditions

    Air pollution management tech
    See in list
  2. Ecolibrium

    Provider of AI-powered platform for optimizing industrial equipment and portfolio performance

    Grc software
    See in list
  3. Ventify

    Provider of energy recovery ventilator

    Air pollution management tech
    Website
  4. Environmental Ai

    Provider of domain name sales and transaction support services

    Air pollution management tech
    Website
  5. Go Green Mechanisms

    Provider of environmental testing, monitoring, consultancy, and training services

    Environment consultancy services
    Website

Environment tech startups in Ahmedabad

Recently founded environment tech companies in Ahmedabad.

  1. BillionCarbon

    Provider of bio waste services

    Solid waste management tech
    See in list
  2. Green Aadhaar

    Developer of software for waste processing, traceability, and compliance

    Smart cities
    See in list
  3. Apeiro Energy

    Developer of hybrid renewable energy systems combining wind and solar power

    Renewable energy tech
    See in list
  4. SwachhAI

    Smart waste management solution

    Solid waste management tech
    See in list
  5. ECO IMPULSE

    Solar panel cleaning robot system

    Renewable energy tech
    See in list
11 companies in Ahmedabad

Environment tech companies hiring in Ahmedabad

Environment tech companies with open roles right now.

  1. Electrify Energy

    Provider of smart metering solution

    Smart grid
    See in list
  2. Adaptive Engineering

    Power plant and asset monitoring platform

    Renewable energy tech
    See in list
  3. GRE Renew Enertech

    Manufacturer of solar panels and indoor LED lights

    Solar energy
    See in list
  4. Fornnax

    Manufacturer of recycling equipment

    Solid waste management tech
    See in list
  5. AhaSolar

    Provider of software for solar designing

    Renewable energy tech
    See in list
15 companies in Ahmedabad
Mobile reach

Top 10 environment tech apps from Ahmedabad

The most-installed Android apps published by environment tech companies headquartered in Ahmedabad — 56K 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
2

Zydus Bus Booking

by SMG

Installs15K
Rating—
Last updatedMar 2026
View on Google Play ↗
Zydus Bus Booking screenshot 1Zydus Bus Booking screenshot 2Zydus Bus Booking screenshot 3Zydus Bus Booking screenshot 4Zydus Bus Booking screenshot 5Zydus Bus Booking screenshot 6
5

NEPRA CORP

by Let's Recycle

Installs2K
Rating—
Last updatedSep 2025
View on Google Play ↗
NEPRA CORP screenshot 1NEPRA CORP screenshot 2NEPRA CORP screenshot 3NEPRA CORP screenshot 4NEPRA CORP screenshot 5NEPRA CORP screenshot 6
6

VizMan - Visitor Management

by VizMan

Installs2K
Rating—
Last updatedApr 2026
View on Google Play ↗
VizMan - Visitor Management screenshot 1VizMan - Visitor Management screenshot 2VizMan - Visitor Management screenshot 3VizMan - Visitor Management screenshot 4VizMan - Visitor Management screenshot 5VizMan - Visitor Management screenshot 6
8

VOONOTE - ADVANCED VISITOR MAN

by Voonote

Installs546
Rating—
Last updatedOct 2022
View on Google Play ↗
VOONOTE - ADVANCED VISITOR MAN screenshot 1VOONOTE - ADVANCED VISITOR MAN screenshot 2VOONOTE - ADVANCED VISITOR MAN screenshot 3VOONOTE - ADVANCED VISITOR MAN screenshot 4VOONOTE - ADVANCED VISITOR MAN screenshot 5VOONOTE - ADVANCED VISITOR MAN screenshot 6
9

ENDLOS RVM

by Endlos

Installs501
Rating—
Last updatedJul 2025
View on Google Play ↗
ENDLOS RVM screenshot 1ENDLOS RVM screenshot 2ENDLOS RVM screenshot 3ENDLOS RVM screenshot 4ENDLOS RVM screenshot 5ENDLOS RVM screenshot 6
The business behind the activity

Environment tech financials in Ahmedabad

Revenue, profit and growth from the filed annual accounts of 40 environment tech companies in Ahmedabad, Gujarat for FY24-25 — 48 of the 82 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 75% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,630.18 cr

40 companies filing accounts

combined net profit₹29.50 cr

1.8% aggregate margin

are profitable70%

28 of 40 companies

median revenue~₹7.0 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five75%

revenue concentration

Six-year view

Combined revenue of filing companies

₹232.63 crFY19-2031 filers
₹281.09 crFY20-2134 filers
₹389.96 crFY21-2238 filers
₹642.55 crFY22-2338 filers
₹944.85 crFY23-2439 filers
₹1,630.18 crFY24-2540 filers

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

Like-for-like

The same 34 companies over three years

+152%
FY22-23₹642.13 cr₹18.15 cr net
FY23-24₹936.99 cr₹35.56 cr net
FY24-25₹1,620.13 cr₹28.85 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 cr1225% profitable
₹1–10 cr11100% profitable
₹10–100 cr1385% profitable
₹100–1,000 cr475% 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

Shrinking15
0–20%9
20–50%6
50–100%3
Doubled+5

38 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

28profitable
12loss-making
1.8%aggregate margin
3.1%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
Electrify EnergyELECTRIFY ENERGY PRIVATE LIMITED+637%₹667.39 cr
Adaptive EngineeringADAPTIVE ENGINEERING PRIVATE LIMITED+75%₹176.49 cr
Go Green MechanismsGO GREEN MECHANISMS PRIVATE LIMITED+54%
EndlosENDLOS INNOVATIONS PRIVATE LIMITED+49%₹15.44 cr
FornnaxFornnax Technology Private Limited+49%₹80.24 cr
RAPIDIonRAPIDION WATER PRIVATE LIMITED+35%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
FornnaxFornnax Technology Private Limited11.8%₹80.24 cr
OizomOIZOM INSTRUMENTS PRIVATE LIMITED9.0%₹25.25 cr
GRE Renew EnertechGRE RENEW ENERTECH LIMITED8.8%₹80.05 cr
Pure OxidanePURE OXIDANE TECHNOLOGY PRIVATE LIMITED₹12.37 cr
Next EngineeringNEXTENG ENVIRO PRIVATE LIMITED7.0%₹180.14 cr
RAPIDIonRAPIDION WATER PRIVATE LIMITED6.1%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Water and wastewater management tech8₹361.87 cr~₹12.0 cr88%4.6%
Renewable energy tech6₹218.17 cr~₹1.0 cr33%2.7%
Solid waste management tech7₹104.84 cr~₹88 lakh57%9.4%
Leaders

Largest environment tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Electrify EnergyELECTRIFY ENERGY PRIVATE LIMITED₹667.39 cr−₹10.00 cr-1.5%+637%
Next EngineeringNEXTENG ENVIRO PRIVATE LIMITED₹180.14 cr₹12.69 cr7.0%+16%
Adaptive EngineeringADAPTIVE ENGINEERING PRIVATE LIMITED₹176.49 cr₹7.58 cr4.3%+75%
Synerzez Solutions Private LimitedSYNERZEZ SOLUTIONS PRIVATE LIMITED₹124.22 cr₹28.88 lakh0.2%+30%
FornnaxFornnax Technology Private Limited₹80.24 cr₹9.48 cr11.8%+49%
GRE Renew EnertechGRE RENEW ENERTECH LIMITED₹80.05 cr₹7.00 cr8.8%+5%
ACSACS ENGITECH PRIVATE LIMITED₹58.74 cr₹2.03 cr3.5%+19%
AhaSolarAHASOLAR TECHNOLOGIES LIMITED₹39.49 cr−₹1.02 cr-2.6%-7%
Balkrishna BoilersBALKRISHNA BOILERS PRIVATE LIMITED₹28.29 cr₹1.60 cr5.6%+17%
OizomOIZOM INSTRUMENTS PRIVATE LIMITED₹25.25 cr₹2.27 cr9.0%+3%
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 Tech Industry Landscape of India

The financials above are one chapter. The full environment tech landscape of Ahmedabad 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 tech landscape of Ahmedabad
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 tech funding and M&A across India

977 recorded equity rounds have gone to 2,459 environment tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ahmedabad compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months37

US$585.98m

equity rounds, last 24 months146

US$979.26m

raised over five yearsUS$2.37bn

583 rounds in India

M&A deals, India33

last 24 months

Capital by year

Equity funding into environment tech in India

amount rounds
$17m201861
$56m201971
$49m202079
$70m202182
$584m2022122
$424m2023121
$332m2024126
$434m2025105
$524m202627

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$584.38m across 122 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$17.01m71 rounds · median US$101k
SeedUS$320.07m374 rounds · median US$411k
Series AUS$399.35m94 rounds · median US$3.89m
Series BUS$362.54m27 rounds · median US$11.25m
Series CUS$275.31m13 rounds · median US$11.54m
Series D+US$343.82m1 rounds · median US$343.82m
Private equityUS$650.00m3 rounds · median US$325.00m
Where the money went · five years

Most-funded sub-sectors

Renewable energy techUS$1.22bn93 rounds · 44 companies
Solid waste management techUS$243.03m103 rounds · 47 companies
Air pollution management techUS$157.59m74 rounds · 38 companies
Alternative lendingUS$126.44m7 rounds · 3 companies
Energy storage techUS$119.67m19 rounds · 6 companies
Energy efficiency techUS$97.54m36 rounds · 19 companies
Water and wastewater management techUS$85.85m79 rounds · 33 companies
Corporate activity · last 24 months

M&A in India

32Acquisition
1Merger

Most active acquirers

  1. Inox Clean Energy6
  2. Inox green energy services3
  3. Adani energy solutions2
  4. Na2
  5. Multiple potential suitors (Brookfield, Macquarie, KKR, Actis)1

Most acquired or merged

  1. Sterling and wilson renewable energy5
  2. IntelliSmart Infrastructure4
  3. Vibrant energy2
  4. Wind World India2
  5. Boviet solar1

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

Environment tech funding in Ahmedabad

9 environment tech companies in Ahmedabad have recorded equity funding, US$32.44m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Ahmedabad

Meet the people behind environment tech companies in Ahmedabad. 54 of 82 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Ahmedabad environment tech companies by sub-sector

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

Keep exploring environment tech in India and nearby markets.

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