Company lists
The Delhi edition · 2026

Environment techcompanies in Delhi

Waste & recycling, air quality, energy efficiency, renewable energy, water and more: the companies building environment tech in Delhi, with their founders, funding, team size and business models.

196 company profiles84 with reported revenue28 with recorded fundingOctober 2026 edition
Delhi · 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: 66 Contracts · 55 funding rounds · 34 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 · Completed

Inox Clean Energy acquires Macquarie-owned 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
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 Delhi, by revenue

Browse environment tech companies in Delhi 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 84 environment tech companies in Delhi 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

B2B platform for metal sourcing, recycling, contract manufacturing, and financing

Manufacturing tech
₹1,331.87 crFY 2024-25
+67%2024–2025
171LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of advanced metering infrastructure, smart grid automation, and energy management solutions

Smart grid
₹963.87 crFY 2024-25
+335%2024–2025
734+194% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
6postings · last posted Sep 2026

Provider of solutions for solar street lights

Energy efficiency tech
₹676.80 crFY 2024-25
+91%2024–2025
2-54% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Provider of smart metering products

Smart grid
₹672.13 crFY 2024-25
+142%2024–2025
871+31% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Platform offering air purifiers

Air pollution management tech
₹83.65 crFY 2024-25
+10%2024–2025
—Not available
12 yr2014
0none in 3 months

Provider of AI-powered energy efficiency solutions for commercial buildings

Iot applications
₹69.14 crFY 2024-25
+40%2024–2025
250+22% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of recycling services for multiple waste products

Solid waste management tech
₹60.03 crFY 2024-25
+75%2024–2025
30-6% 12 mo to May 2023recorded May 2023
13 yr2013
0none in 3 months

Cloud-based platform for exchange of plastic credit certificates

Solid waste management tech
₹58.13 crFY 2024-25
+168%2024–2025
89-34% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 2026

Provider of air quality monitoring systems

Air pollution management tech
₹57.31 crFY 2024-25
+23%2024–2025
113LinkedIn · Jul 2026
44 yr1982
0none in 3 months

Provides Rainwater Harvesting solution using crosswave technology

Water and wastewater management tech
₹47.68 crFY 2022-23
Not reported
77LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Motion sensor-based LED product manufacturer

Smart homes
₹46.88 crFY 2024-25
+18%2024–2025
—Not available
15 yr2011
0none in 3 months

Developer of electric scooters

Electric vehicles
₹44.10 crFY 2024-25
+27%2024–2025
82LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of IoT based supply chain management solutions

Internet of things infrastructure
₹37.69 crFY 2024-25
+107%2024–2025
82LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Platform offering sludge reception and waste oil reception services

Water and wastewater management tech
₹33.69 crFY 2024-25
+33%2024–2025
—Not available
32 yr1994
0none in 3 months

Provider of smart metering, solar solutions, and smart grid integration

Smart grid
₹26.82 crFY 2024-25
+171%2024–2025
62-14% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Manufacturer of home UPS, mid-range, high-capacity UPS, and solar solutions

Renewable energy tech
₹25.50 crFY 2024-25
+624%2024–2025
—Not available
3 yr2023
0none in 3 months

Online retail platform offering air purifiers & replacement filters

Home care e-commerce
₹23.33 crFY 2024-25
+12%2024–2025
59+21% 12 mo to Sep 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Provider of suite software for scheduling and forecasting

Renewable energy tech
₹19.90 crFY 2024-25
-63%2024–2025
16+100% 12 mo to Aug 2024recorded Aug 2024
14 yr2012
1postings · last posted Sep 2026

Technology solutions provider for smart grid metering

Smart grid
₹17.42 crFY 2022-23
Not reported
379+194% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
1postings · last posted Aug 2026

Provider of a digital recycling platform

Solid waste management tech
₹15.46 crFY 2024-25
+126%2024–2025
63LinkedIn · Jul 2026
7 yr2019
1postings · last posted Aug 2026

Manufacturer of industrial cleaning equipment and automatic waste segregation machines

Solid waste management tech
₹12.28 crFY 2024-25
-24%2024–2025
24-33% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
0none in 3 months

Provider of rainwater harvesting solutions for various industries and properties

Water and wastewater management tech
₹11.74 crFY 2024-25
+94%2024–2025
15LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Manufacturer of electronic air cleaning systems for central ventilation units

Consumer electronics e-commerce
₹9.93 crFY 2024-25
+87%2024–2025
58+600% 12 mo to Aug 2024LinkedIn · Jul 2026
46 yr1980
2postings · last posted Aug 2026

Provider of energy management services for industrial and commercial facilities

Energy efficiency tech
₹9.76 crFY 2024-25
-68%2024–2025
63LinkedIn · Jul 2026
8 yr2018
0none in 3 months
50 of 196 companies shown here · the full list is on Radar
Fliar Radar

Explore all 196 environment tech companies in Delhi on Radar

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

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

Discover environment tech companies in Delhi working on waste recycling, air quality, energy efficiency and renewable energy. See climate tech startups in Delhi and the top environmental technology companies in Delhi that are hiring.

8 ways to explore environment tech in Delhi

Waste management & recycling companiesAir purification & air quality monitoring companiesEnergy efficiency & building management companiesSolar & renewable energy companiesWater & wastewater management companiesSmart grid & smart metering companies

Waste management & recycling companies

Companies that collect, recycle and upcycle waste for a circular economy.

  1. Metalbook

    B2B platform for metal sourcing, recycling, contract manufacturing, and financing

    Manufacturing tech
    See in list
  2. Gem Enviro Management

    Provider of recycling services for multiple waste products

    Solid waste management tech
    See in list
  3. Wastelink

    Provider of food waste upcycling and circular economy platform

    Livestock tech
    See in list
  4. ScrapUncle

    Provider of a digital recycling platform

    Solid waste management tech
    See in list
  5. DCC Group

    Manufacturer of industrial cleaning equipment and automatic waste segregation machines

    Solid waste management tech
    See in list

Air purification & air quality monitoring companies

Makers of air purifiers and air quality monitoring systems.

  1. Writax

    Platform offering air purifiers

    Air pollution management tech
    See in list
  2. Nevco Engineers

    Provider of air quality monitoring systems

    Air pollution management tech
    See in list
  3. BreatheEasy

    Online retail platform offering air purifiers & replacement filters

    Home care e-commerce
    See in list
  4. Magneto

    Manufacturer of electronic air cleaning systems for central ventilation units

    Consumer electronics e-commerce
    See in list
  5. Airth

    Internet first brand offering air purifiers for businesses

    Consumer electronics e-commerce
    See in list

Energy efficiency & building management companies

Energy management, smart lighting and building automation providers.

  1. Smart Joules

    Provider of AI-powered energy efficiency solutions for commercial buildings

    Iot applications
    See in list
  2. GSR Infocom

    Motion sensor-based LED product manufacturer

    Smart homes
    See in list
  3. Crystal Power

    Technology solutions provider for smart grid metering

    Smart grid
    See in list
  4. Energeia

    Provider of energy management services for industrial and commercial facilities

    Energy efficiency tech
    See in list
  5. Luz Light

    Provider of LED lighting solution

    Energy efficiency tech
    See in list

Solar & renewable energy companies

Solar, energy storage and renewable energy technology providers.

  1. ServControl

    Provider of solutions for solar street lights

    Energy efficiency tech
    See in list
  2. Probus

    Provider of smart metering, solar solutions, and smart grid integration

    Smart grid
    See in list
  3. Invertekenergy

    Manufacturer of home UPS, mid-range, high-capacity UPS, and solar solutions

    Renewable energy tech
    See in list
  4. Asun Tracker

    Provider of solar tracking solutions

    Renewable energy tech
    See in list
  5. Futr Energy

    Provider of software for solar power plant management

    Renewable energy tech
    See in list

Water & wastewater management companies

Water treatment, rainwater harvesting and water monitoring providers.

  1. Ashwath Infratech

    Provides Rainwater Harvesting solution using crosswave technology

    Water and wastewater management tech
    See in list
  2. IoTfy

    Provider of IoT based supply chain management solutions

    Internet of things infrastructure
    See in list
  3. Sai Om Petro Specialties

    Platform offering sludge reception and waste oil reception services

    Water and wastewater management tech
    See in list
  4. InRainwater Harvesting

    Provider of rainwater harvesting solutions for various industries and properties

    Water and wastewater management tech
    See in list
  5. Aquabrim

    Sensor-based solutions for water flow measurement and monitoring

    Water and wastewater management tech
    See in list

Smart grid & smart metering companies

Smart meter and grid management technology providers.

  1. Kimbal

    Provider of advanced metering infrastructure, smart grid automation, and energy management solutions

    Smart grid
    See in list
  2. IntelliSmart

    Provider of smart metering products

    Smart grid
    See in list
  3. IoTfy

    Provider of IoT based supply chain management solutions

    Internet of things infrastructure
    See in list
  4. SAV Engineers

    Supplier of prepaid energy metering systems and three phase electric meters

    Smart grid
    See in list
  5. Nekstron

    Provider of metering solutions for smart grids

    Smart grid
    Website

Environment tech startups in Delhi

Recently founded climate and environment tech companies in Delhi.

  1. Metalbook

    B2B platform for metal sourcing, recycling, contract manufacturing, and financing

    Manufacturing tech
    See in list
  2. Invertekenergy

    Manufacturer of home UPS, mid-range, high-capacity UPS, and solar solutions

    Renewable energy tech
    See in list
  3. Lightsbyankur

    Manufacturer of LED lighting products and smart lighting control solutions

    Energy efficiency tech
    See in list
  4. Recycle Baba

    Online platform offering waste trading solutions

    Solid waste management tech
    See in list
  5. RAPPR

    Provider of plastic recycling solutions

    Solid waste management tech
    See in list
55 companies in Delhi

Environment tech companies hiring in Delhi

Environment and climate tech companies in Delhi with open roles.

  1. Kimbal

    Provider of advanced metering infrastructure, smart grid automation, and energy management solutions

    Smart grid
    See in list
  2. EcoEx

    Cloud-based platform for exchange of plastic credit certificates

    Solid waste management tech
    See in list
  3. 50 Hertz

    Provider of suite software for scheduling and forecasting

    Renewable energy tech
    See in list
  4. ScrapUncle

    Provider of a digital recycling platform

    Solid waste management tech
    See in list
  5. Magneto

    Manufacturer of electronic air cleaning systems for central ventilation units

    Consumer electronics e-commerce
    See in list
16 companies in Delhi
Mobile reach

Top 10 environment tech apps from Delhi

The most-installed Android apps published by environment tech companies headquartered in Delhi — 2.8M installs between them. 31 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Livpure Smart

by Livpure Smart

Installs1.5M
Rating2.14106K ratings
Last updatedMay 2026
View on Google Play ↗
Livpure Smart screenshot 1Livpure Smart screenshot 2Livpure Smart screenshot 3Livpure Smart screenshot 4Livpure Smart screenshot 5Livpure Smart screenshot 6
2

AQI (Air Quality Index)

by AQI

Installs626K
Rating3.291K ratings
Installs, year on year+126%
Last updatedMay 2026
View on Google Play ↗
AQI (Air Quality Index) screenshot 1AQI (Air Quality Index) screenshot 2AQI (Air Quality Index) screenshot 3AQI (Air Quality Index) screenshot 4AQI (Air Quality Index) screenshot 5AQI (Air Quality Index) screenshot 6
3

Tooused: Sell Old Clothes

by Tooused

Installs312K
Rating—
Installs, year on year+107%
Last updatedMay 2026
View on Google Play ↗
Tooused: Sell Old Clothes screenshot 1Tooused: Sell Old Clothes screenshot 2Tooused: Sell Old Clothes screenshot 3Tooused: Sell Old Clothes screenshot 4Tooused: Sell Old Clothes screenshot 5Tooused: Sell Old Clothes screenshot 6
4

Fasal Salah Agriculture App

by BKC WeatherSys

Installs242K
Rating—
Installs, year on year+6%
Last updatedJul 2025
View on Google Play ↗
Fasal Salah Agriculture App screenshot 1Fasal Salah Agriculture App screenshot 2Fasal Salah Agriculture App screenshot 3Fasal Salah Agriculture App screenshot 4Fasal Salah Agriculture App screenshot 5Fasal Salah Agriculture App screenshot 6
7

Ecoex (Buyer)

by EcoEx

Installs15K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Ecoex (Buyer) screenshot 1Ecoex (Buyer) screenshot 2Ecoex (Buyer) screenshot 3Ecoex (Buyer) screenshot 4Ecoex (Buyer) screenshot 5Ecoex (Buyer) screenshot 6
8

DOPN Kimbal Meters

by Kimbal

Installs13K
Rating—
Last updatedApr 2025
View on Google Play ↗
DOPN Kimbal Meters screenshot 1DOPN Kimbal Meters screenshot 2DOPN Kimbal Meters screenshot 3DOPN Kimbal Meters screenshot 4DOPN Kimbal Meters screenshot 5DOPN Kimbal Meters screenshot 6
9

DIKSHA ONE : ERP for Admins

by Incubsence

Installs9K
Rating—
Last updatedMay 2026
View on Google Play ↗
DIKSHA ONE : ERP for Admins screenshot 1DIKSHA ONE : ERP for Admins screenshot 2DIKSHA ONE : ERP for Admins screenshot 3DIKSHA ONE : ERP for Admins screenshot 4
10

Magic

by IoTfy

Installs7K
Rating—
Last updatedSep 2025
View on Google Play ↗
Magic screenshot 1Magic screenshot 2Magic screenshot 3Magic screenshot 4Magic screenshot 5Magic screenshot 6
The business behind the activity

Environment tech financials in Delhi

Revenue, profit and growth from the filed annual accounts of 73 environment tech companies in Delhi for FY24-25 — 86 of the 196 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 83% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹4,451.05 cr

73 companies filing accounts

combined net profit₹115.43 cr

2.6% aggregate margin

are profitable62%

45 of 73 companies

median revenue~₹3.6 cr

the typical company

median revenue growth+29%

into FY24-25

earned by the top five83%

revenue concentration

Six-year view

Combined revenue of filing companies

₹326.24 crFY19-2053 filers
₹374.60 crFY20-2154 filers
₹671.21 crFY21-2261 filers
₹1,402.52 crFY22-2361 filers
₹2,360.59 crFY23-2467 filers
₹4,451.05 crFY24-2573 filers

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

Like-for-like

The same 57 companies over three years

+145%
FY22-23₹1,402.19 cr−₹40.29 cr net
FY23-24₹2,122.92 cr₹5.37 cr net
FY24-25₹3,438.55 cr₹98.11 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 cr2129% profitable
₹1–10 cr3077% profitable
₹10–100 cr1771% profitable
₹100–1,000 cr4100% profitable
Over ₹1,000 cr10% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking19
0–20%10
20–50%11
50–100%9
Doubled+15

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

Profitability

Profit is concentrated at the top

45profitable
28loss-making
2.6%aggregate margin
1.0%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
InvertekenergyINVERTEK ENERGY SOLUTIONS PRIVATE LIMITED+624%₹25.50 cr
KimbalKIMBAL PRIVATE LIMITED+335%₹963.87 cr
ProbusPROBUS SMART THINGS PRIVATE LIMITED+171%₹26.82 cr
EcoExKARMA ECOTECH LIMITED+168%₹58.13 cr
ScrapUncleSWAPECO SOLUTIONS PRIVATE LIMITED+126%₹15.46 cr
IntelliSmartIntellismart Infrastructure Private Limited+120%₹636.28 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
EcoExKARMA ECOTECH LIMITED19.0%₹58.13 cr
IoTfyIotfy Solutions Private Limited16.4%₹37.69 cr
IntelliSmartIntellismart Infrastructure Private Limited15.6%₹636.28 cr
Gem Enviro ManagementGem Enviro Management Limited10.1%₹60.03 cr
ServControlSERVOTECH RENEWABLE POWER SYSTEM LIMITED5.7%₹589.11 cr
DCC GroupDCC INFRA PRIVATE LIMITED4.1%₹12.28 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Smart grid7₹1,637.82 cr~₹7.1 cr71%6.3%
Energy efficiency tech9₹637.53 cr~₹7.8 cr78%5.3%
Solid waste management tech15₹170.56 cr~₹2.7 cr60%8.6%
Water and wastewater management tech7₹121.00 cr~₹11.7 cr86%2.0%
Air pollution management tech7₹63.88 cr~₹1.2 cr57%1.0%
Renewable energy tech10₹55.74 cr~₹1.1 cr60%1.3%
Leaders

Largest environment tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
MetalbookMBOOK TECHNOLOGY PRIVATE LIMITED₹1,331.87 cr−₹32.03 cr-2.4%+67%
KimbalKIMBAL PRIVATE LIMITED₹963.87 cr₹15.99 cr1.7%+335%
IntelliSmartIntellismart Infrastructure Private Limited₹636.28 cr₹99.04 cr15.6%+120%
ServControlSERVOTECH RENEWABLE POWER SYSTEM LIMITED₹589.11 cr₹33.47 cr5.7%+92%
Livpure SmartLIVPURE SMART HOMES PRIVATE LIMITED₹181.27 cr₹1.96 cr1.1%+16%
Smart JoulesSMART JOULES PRIVATE LIMITED₹69.14 cr−₹4.68 cr-6.8%+40%
Gem Enviro ManagementGem Enviro Management Limited₹60.03 cr₹6.09 cr10.1%+75%
EcoExKARMA ECOTECH LIMITED₹58.13 cr₹11.07 cr19.0%+168%
Nevco EngineersNEVCO ENGINEERS PRIVATE LIMITED₹57.31 cr₹1.17 cr2.0%+23%
GSR InfocomGSR INFOCOM PRIVATE LIMITED₹46.88 cr−₹50.36 lakh-1.1%+18%
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 Delhi 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 Delhi
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 Delhi 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, India34

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

33Acquisition
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. Macquarie-owned Vibrant Energy1

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

Environment tech funding in Delhi

28 environment tech companies in Delhi have recorded equity funding, US$128.35m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Delhi

Meet the people behind environment tech companies in Delhi. 114 of 196 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Delhi environment tech companies by sub-sector

The most common specialisations among environment tech companies in Delhi. 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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