Company lists
The India edition · 2026

Environment techcompanies in India

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

1,988 company profiles894 with reported revenue318 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 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 · 56 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 · 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 India, by revenue

Browse environment tech companies in India 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 894 environment tech companies in India 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

Internet first brand offering multi-category home appliances

Home improvements
KRW 583.44bnDec 2023
Not reported
95-35% 12 mo to Mar 2024LinkedIn · Jul 2026
48 yr1978
—No postings tracked

Provider of smart metering products for the electricity and gas industries

Facility management tech
₹2,819.82 crFY 2024-25
+14%2024–2025
3,926LinkedIn · Jul 2026
39 yr1987
9postings · last posted Sep 2026

Manufacturer of smart meters, hybrid microcircuits, and power distribution management

Smart grid
₹2,524.59 crFY 2024-25
+98%2024–2025
3,835+65% 12 mo to Mar 2024LinkedIn · Jul 2026
34 yr1992
1postings · last posted Jul 2026

Developer of energy storage systems

Solar energy
₹2,125.87 crFY 2022-23
Not reported
1,817-11% 12 mo to Apr 2024LinkedIn · Jul 2026
99 yr1927
0none in 3 months

Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

Renewable energy tech
₹1,968.53 crFY 2024-25
+54%2024–2025
613+46% 12 mo to Sep 2024recorded Sep 2024
5 yr2021
0none in 3 months · last posted Apr 2026

Provider of engineering, procurement, and construction services for water management

Water and wastewater management tech
₹1,433.09 crFY 2024-25
+16%2024–2025
135LinkedIn · Jul 2026
27 yr1999
0none in 3 months

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

Developer of automated irrigation systems leveraging AI and IoT

Crop tech
₹1,159.53 crFY 2024-25
+150%2024–2025
558+44% 12 mo to Jun 2024LinkedIn · Jul 2026
16 yr2010
3postings · last posted Sep 2026

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
7postings · last posted Aug 2026

Provider of e-waste and lithium-ion battery recycling

Solid waste management tech
₹962.41 crFY 2024-25
+116%2024–2025
451+65% 12 mo to Aug 2024LinkedIn · Jul 2026
18 yr2008
7postings · last posted Sep 2026

Provider of biogas engineering and clean fuels technology solutions

Solid waste management tech
₹960.72 crFY 2024-25
Not reported
907+120% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

Smart grid
₹933.09 crFY 2024-25
+2986%2024–2025
981LinkedIn · Jul 2026
15 yr2011
1postings · last posted Jul 2026

Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining

Energy storage tech
₹835.12 crFY 2024-25
Not reported
497+131% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of solutions to convert plastic bottles into polyester staple fibre

Solid waste management tech
₹758.18 crFY 2024-25
Not reported
4LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of wastewater and solid waste treatment solutions

Solid waste management tech
₹726.96 crFY 2024-25
+7%2024–2025
178+12% 12 mo to Sep 2024recorded Sep 2024
22 yr2004
0none in 3 months

Manufacturer of recycled polyester staple fiber and food grade resins

Solid waste management tech
₹717.85 crFY 2024-25
Not reported
168+3% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

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

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 industrial wastewater treatment services

Water and wastewater management tech
₹599.16 crFY 2024-25
+17%2024–2025
56+11% 12 mo to Jun 2023LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Provider of an online trading platform for recycled plastics

Solid waste management tech
₹555.99 crFY 2024-25
+60%2024–2025
8+0% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
0none in 3 months

Manufacturer and provider of solar modules

Solar energy
₹523.77 crFY 2024-25
+58%2024–2025
—Not available
18 yr2008
1postings · last posted Sep 2026

Provider of drinking water station network for consumers

Water and wastewater management tech
₹511.96 crFY 2024-25
+147%2024–2025
197+9% 12 mo to Jul 2024recorded Jul 2024
20 yr2006
0none in 3 months

Manufacturer of LED lighting solutions and electronic components

Energy efficiency tech
₹500.99 crFY 2024-25
+11%2024–2025
107LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of biodiesel, refined glycerin, and compressed biogas for industries

Renewable energy tech
₹442.49 crFY 2023-24
Not reported
89+424% 12 mo to Sep 2024recorded Sep 2024
7 yr2019
0none in 3 months
50 of 1,988 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,988 environment tech companies in India on Radar

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

Open environment tech in India on Radar
  • Every company, not just 50All 1,988 environment tech companies in India, 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.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore environment tech companies in India by what you are looking for

Discover environment tech companies in India, including climate tech startups working on energy, water, waste and air quality. Browse the top environmental tech companies, startups and firms that are hiring.

9 ways to explore environment tech in India

Energy efficiency & building energy management companiesWater & wastewater treatment companiesWaste management & recycling companiesAir pollution control & carbon management companiesSolar & renewable energy companiesSmart grid, smart meter & IoT companies

Energy efficiency & building energy management companies

Smart meters, energy monitoring and building energy management providers.

  1. Secure Meters

    Provider of smart metering products for the electricity and gas industries

    Facility management tech
    See in list
  2. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  3. ServControl

    Provider of solutions for solar street lights

    Energy efficiency tech
    See in list
  4. IKIO

    Manufacturer of LED lighting solutions and electronic components

    Energy efficiency tech
    See in list
  5. Elmeasure

    Provider of SaaS-driven building energy management solution for residential and commercial properties

    Energy efficiency tech
    See in list

Water & wastewater treatment companies

Water purification, treatment and leak detection solutions.

  1. Ecoprotection

    Provider of engineering, procurement, and construction services for water management

    Water and wastewater management tech
    See in list
  2. Ecozen Solutions

    Developer of automated irrigation systems leveraging AI and IoT

    Crop tech
    See in list
  3. SFC

    Provider of wastewater and solid waste treatment solutions

    Solid waste management tech
    See in list
  4. Concord Enviro

    Provider of industrial wastewater treatment services

    Water and wastewater management tech
    See in list
  5. Rite Water Solutions

    Provider of drinking water station network for consumers

    Water and wastewater management tech
    See in list

Waste management & recycling companies

Waste collection, recycling and waste-to-energy providers.

  1. Metalbook

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

    Manufacturing tech
    See in list
  2. Attero

    Provider of e-waste and lithium-ion battery recycling

    Solid waste management tech
    See in list
  3. GPS Renewables

    Provider of biogas engineering and clean fuels technology solutions

    Solid waste management tech
    See in list
  4. Lohum

    Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining

    Energy storage tech
    See in list
  5. Polycycle

    Provider of solutions to convert plastic bottles into polyester staple fibre

    Solid waste management tech
    See in list

Air pollution control & carbon management companies

Air purification, emission control and carbon offset providers.

  1. Purity Portal

    Online portal for booking water, air & food quality tests in India

    Air pollution management tech
    See in list
  2. Adage

    Provider of integrated and engineered gas analytical solutions for industrial applications

    Air pollution management tech
    See in list
  3. Climate Detox

    Provider of carbon credits solution

    Air pollution management tech
    Website
  4. Chakr Innovations

    Provider of cleantech solutions for emission control and clean air

    Air pollution management tech
    Website
  5. Writax

    Platform offering air purifiers

    Air pollution management tech
    Website

Solar & renewable energy companies

Solar, bioenergy and energy storage providers.

  1. Sterling and Wilson

    Developer of energy storage systems

    Solar energy
    See in list
  2. TruAlt Bioenergy

    Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

    Renewable energy tech
    See in list
  3. GPS Renewables

    Provider of biogas engineering and clean fuels technology solutions

    Solid waste management tech
    See in list
  4. Avaada Electro

    Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

    Smart grid
    See in list
  5. Lohum

    Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining

    Energy storage tech
    See in list

Smart grid, smart meter & IoT companies

Smart meters, grid management and IoT solutions for utilities and buildings.

  1. Secure Meters

    Provider of smart metering products for the electricity and gas industries

    Facility management tech
    See in list
  2. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  3. Kimbal

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

    Smart grid
    See in list
  4. Electrify Energy

    Provider of smart metering solution

    Smart grid
    See in list
  5. Elmeasure

    Provider of SaaS-driven building energy management solution for residential and commercial properties

    Energy efficiency tech
    See in list

Environment tech startups in India

Recently founded climate and environment tech companies.

  1. TruAlt Bioenergy

    Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

    Renewable energy tech
    See in list
  2. Metalbook

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

    Manufacturing tech
    See in list
  3. GreenLine

    Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines

    Air pollution management tech
    See in list
  4. Future Solar

    Largest Solar Panel Manufacturers in India | Future Solar

    Renewable energy tech
    See in list
  5. Gruner Renewable

    Provider of sustainable energy solutions from waste

    Solid waste management tech
    See in list
490 companies in India

Environment tech companies hiring in India

Environment tech companies with open roles right now.

  1. Secure Meters

    Provider of smart metering products for the electricity and gas industries

    Facility management tech
    See in list
  2. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  3. TruAlt Bioenergy

    Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

    Renewable energy tech
    See in list
  4. Ecozen Solutions

    Developer of automated irrigation systems leveraging AI and IoT

    Crop tech
    See in list
  5. Kimbal

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

    Smart grid
    See in list
46 companies in India

Listed environment tech companies in India

Publicly listed environment and clean energy companies.

  1. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  2. Sterling and Wilson

    Developer of energy storage systems

    Solar energy
    See in list
  3. TruAlt Bioenergy

    Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

    Renewable energy tech
    See in list
  4. Concord Enviro

    Provider of industrial wastewater treatment services

    Water and wastewater management tech
    See in list
  5. RACE

    Provider of an online trading platform for recycled plastics

    Solid waste management tech
    See in list
16 companies in India
Mobile reach

Top 10 environment tech apps from India

The most-installed Android apps published by environment tech companies headquartered in India — 11.6M installs between them. 239 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

BijliMitra

by Bcits

Installs3.4M
Rating3.8515K ratings
Installs, year on year+52%
Last updatedMay 2026
View on Google Play ↗
BijliMitra screenshot 1BijliMitra screenshot 2BijliMitra screenshot 3BijliMitra screenshot 4BijliMitra screenshot 5BijliMitra screenshot 6
2

Background Video Recorder

by Win Studio

Installs2.2M
Rating4.0426K ratings
Last updatedMar 2026
View on Google Play ↗
Background Video Recorder screenshot 1Background Video Recorder screenshot 2Background Video Recorder screenshot 3Background Video Recorder screenshot 4Background Video Recorder screenshot 5Background Video Recorder screenshot 6
3

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
4

Skymet Weather

by Skymet

Installs1.1M
Rating3.714K ratings
Installs, year on year+12%
Last updatedApr 2026
View on Google Play ↗
Skymet Weather screenshot 1Skymet Weather screenshot 2Skymet Weather screenshot 3Skymet Weather screenshot 4Skymet Weather screenshot 5Skymet Weather screenshot 6
5

ChargeZone: EV Charging India

by Charge Zone

Installs756K
Rating4.566K ratings
Installs, year on year+59%
Last updatedJun 2026
View on Google Play ↗
ChargeZone: EV Charging India screenshot 1ChargeZone: EV Charging India screenshot 2ChargeZone: EV Charging India screenshot 3ChargeZone: EV Charging India screenshot 4
6

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
8

Bharat Smart Services

by Coral Innovations

Installs521K
Rating—
Installs, year on year+26%
Last updatedJun 2026
View on Google Play ↗
Bharat Smart Services screenshot 1Bharat Smart Services screenshot 2Bharat Smart Services screenshot 3Bharat Smart Services screenshot 4Bharat Smart Services screenshot 5Bharat Smart Services screenshot 6
10

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
The business behind the activity

Environment tech financials in India

Revenue, profit and growth from the filed annual accounts of 787 environment tech companies in India for FY24-25 — 950 of the 1,988 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 33% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹40,889.81 cr

787 companies filing accounts

combined net profit₹1,857.66 cr

4.5% aggregate margin

are profitable61%

475 of 787 companies

median revenue~₹2.6 cr

the typical company

median revenue growth+21%

into FY24-25

earned by the top five33%

revenue concentration

Six-year view

Combined revenue of filing companies

₹14,583.72 crFY19-20519 filers
₹12,412.38 crFY20-21595 filers
₹15,857.39 crFY21-22659 filers
₹18,968.62 crFY22-23717 filers
₹26,531.49 crFY23-24753 filers
₹40,889.81 crFY24-25787 filers

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

Like-for-like

The same 622 companies over three years

+98%
FY22-23₹18,038.01 cr−₹44.63 cr net
FY23-24₹24,898.00 cr₹772.87 cr net
FY24-25₹35,772.05 cr₹1,511.22 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 cr28334% profitable
₹1–10 cr26067% profitable
₹10–100 cr17883% profitable
₹100–1,000 cr5886% profitable
Over ₹1,000 cr888% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking216
0–20%128
20–50%119
50–100%83
Doubled+157

703 companies with accounts for both years; median growth +21%.

Profitability

Profit is concentrated at the top

475profitable
310loss-making
4.5%aggregate margin
1.1%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
VarahaVARAHA CLIMATEAG PRIVATE LIMITED
Electrify EnergyELECTRIFY ENERGY PRIVATE LIMITED+637%₹667.39 cr
InvertekenergyINVERTEK ENERGY SOLUTIONS PRIVATE LIMITED+624%
MiniMinesMINIMINES CLEANTECH SOLUTIONS PRIVATE LIMITED+601%₹10.43 cr
PlatinoPLATINO AUTOMOTIVE PRIVATE LIMITED+511%₹76.19 cr
Gruner RenewableGRUNER RENEWABLE ENERGY PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
SFCSFC ENVIRONMENTAL TECHNOLOGIES LIMITED25.6%₹505.34 cr
CloudtapACE HYGIENE PRODUCTS PRIVATE LIMITED25.4%₹112.42 cr
Coral InnovationsCORAL INNOVATIONS PRIVATE LIMITED₹11.73 cr
Eco 365ECO 365 PRIVATE LIMITED24.5%₹52.09 cr
EcofrostECOFROST TECHNOLOGIES PRIVATE LIMITED₹77.39 cr
PlatinoPLATINO AUTOMOTIVE PRIVATE LIMITED23.7%₹76.19 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solid waste management tech120₹8,203.57 cr~₹2.1 cr56%1.6%
Smart grid40₹6,887.72 cr~₹11.2 cr68%9.1%
Solar energy6₹5,695.47 cr~₹11.2 cr83%5.7%
Water and wastewater management tech125₹4,558.42 cr~₹4.2 cr66%3.8%
Renewable energy tech90₹4,159.49 cr~₹2.6 cr58%6.1%
Facility management tech29₹2,643.58 cr~₹2.9 cr66%9.9%
Energy efficiency tech97₹2,428.70 cr~₹4.9 cr70%5.3%
Crop tech9₹1,227.51 cr~₹6.9 cr56%5.6%
Leaders

Largest environment tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Sterling and WilsonSTERLING AND WILSON RENEWABLE ENERGY LIMITED₹5,592.38 cr₹318.26 cr5.7%+88%
Genus Power Infrastructures, Genus Power InfrastructureGENUS POWER INFRASTRUCTURES LIMITED₹2,521.74 cr₹298.18 cr11.8%+102%
Secure MetersSecure Meters Limited₹2,189.36 cr₹238.60 cr10.9%—
TruAlt BioenergyTRUALT BIOENERGY LIMITED₹1,940.71 cr₹168.45 cr8.7%+52%
EcoprotectionECO PROTECTION ENGINEERS PRIVATE LIMITED₹1,450.86 cr₹95.35 cr6.6%+18%
MetalbookMBOOK TECHNOLOGY PRIVATE LIMITED₹1,331.87 cr−₹32.03 cr-2.4%+67%
Ecozen SolutionsECOZEN SOLUTIONS PRIVATE LIMITED₹1,149.06 cr₹75.70 cr6.6%+165%
GPS RenewablesGPS RENEWABLES PRIVATE LIMITED₹1,008.31 cr₹21.87 cr2.2%+113%
RapidueRAPIDUE TECHNOLOGIES PRIVATE LIMITED-5.5%+37%
KimbalKIMBAL PRIVATE LIMITED₹963.87 cr₹15.99 cr1.7%+335%
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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 India 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 India
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 India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months47

US$616.12m

equity rounds, last 24 months161

US$1.00bn

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. Boviet solar1

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

Environment tech funding in India

318 environment tech companies in India have recorded equity funding, US$2.60bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind environment tech companies in India. 1,283 of 1,988 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India environment tech companies by sub-sector

The most common specialisations among environment tech companies in India. 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.

Coming soon