Radar Companies Environment Tech · Mumbai
Radar · Environment Tech in Mumbai

Best Environment Tech Companies in Mumbai, India

The 172 best Environment Tech companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: GreenLine.

172companies tracked
$169.9Mdisclosed funding
0unicorns
42have raised
FLIAR INTELLIGENCE · ENVIRONMENT TECH × MUMBAI

Our analysis of 50 Environment Tech companies

$1.3b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

50companies analysed
82%cloud-native stacks
2024funding peak (by rounds)
2020median founding year
54median Fliar Index™
338kcombined LinkedIn audience
41%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best Environment Tech companies in Mumbai

#CompanyRevenueDisclosed fundingLast roundEmployeesTech stackWeb popularityRecent signals
1Concord Enviro
Provider of industrial wastewater treatment services
$71M
FY2025
$21M130 mo ago10PHPBootstrapApache HTTP Server+14Top 10M
2GreenLine
Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines
67Growth top 23%Moat top 32%Innovation top 34%Product top 37%
All 10 signals ▾
Growthtop 23%
Moattop 32%
Innovationtop 34%
Producttop 37%
Markettop 41%
Fin. healthtop 43%
Fundingtop 45%
Talentbottom 49%
Techbottom 47%
Globalbottom 37%
Growth: Revenue +75% YoY · Fresh capital in last 24 mo
Moat: Top 1% by revenue among 114 tracked Air Pollution Management Tech companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 67/100
$39M
FY2025
$32M14 mo agoWordPressMySQLPHP+26Top 5M1 partnership
3Aerem
Solar financing, equipment procurement, and performance monitoring solutions
76Fin. health top 23%Growth top 27%Moat top 27%Funding top 32%
All 10 signals ▾
Fin. healthtop 23%
Growthtop 27%
Moattop 27%
Fundingtop 32%
Techtop 33%
Talenttop 38%
Producttop 47%
Markettop 49%
Globalbottom 39%
Newsbottom 21%
Fin. health: Revenue ~$33.1M (FY2024) · Net margin 9.6%
Growth: Headcount 44 → 59 (+34%) across vintages · Revenue +58% YoY
rank vs industry peers · Fliar Intelligence Index 76/100
$33M
FY2025
$8M4 mo ago59Webflow EcommerceWebflowGSAP+20Top 5M
4Lucro
Provider of post-consumer plastic waste collection, recycling, and product manufacturing
55Moat top 25%Fin. health top 36%Market top 39%Growth top 43%
All 10 signals ▾
Moattop 25%
Fin. healthtop 36%
Markettop 39%
Growthtop 43%
Talenttop 45%
Fundingtop 48%
Partnersbottom 43%
Techbottom 37%
Globalbottom 37%
Newsbottom 20%
Moat: Top 7% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 7/10
Fin. health: Revenue ~$24.1M (FY2021) · Net margin 3.7%
rank vs industry peers · Fliar Intelligence Index 55/100
$24M
FY2025
$10M14 mo ago78
78 → 73 (-6%) · sector median +52%
Windows ServerMicrosoft ASP.NETBootstrap+12Top 5M2 awards
5Dalmia Polypro Industries
Provider of recycled plastic flakes and granules from post-consumer waste.
$20M
FY2025
$9M18 mo ago200Cart FunctionalityWixSentry+19Top 10M2 job openings
6Biofuels Junction
Producer and supplier of fossil and biofuels
$14M
FY2025
$2M34 mo ago54WordPressMySQLPHP+17Top 10M
7Ecofy
Financial solutions for the electric vehicle, solar, and SME sectors
69Growth top 16%News top 19%Moat top 26%Funding top 30%
All 11 signals ▾
Growthtop 16%
Newstop 19%
Moattop 26%
Fundingtop 30%
Talenttop 38%
Markettop 39%
Fin. healthtop 42%
Techtop 44%
Producttop 49%
Innovationbottom 40%
Globalbottom 39%
Growth: Headcount 119 → 208 (+75%) across vintages · Revenue +206% YoY
News: 6 BI events in 12 mo (of 17 tracked, 5 types) · +200% YoY
rank vs industry peers · Fliar Intelligence Index 69/100
$13M
FY2025
$11M1 mo ago208
208 → 422 (+103%) · sector median +52%
DrupalPHPBootstrap+16Top 1M
8Solar Ladder
Provider of software for solar project management and supply procurement
$8M
FY2025
$1M37 mo ago26
26 → 28 (+8%) · sector median +52%
SanityTurbopackNode.js+14Top 5M4 launchs
9ReCircle
Provider of waste management and recycling solutions for businesses and individuals
$4M
FY2025
$692K24 mo ago92
92 → 60 (-35%) · sector median +52%
WordPressZohoMySQL+18Top 5M
10Lico
It is a lithium-ion battery recycling company focused on recycling end-of-life lithium-ion batteries
32Product top 50%Growth bottom 49%Talent bottom 49%Market bottom 46%
All 10 signals ▾
Producttop 50%
Growthbottom 49%
Talentbottom 49%
Marketbottom 46%
Innovationbottom 45%
Globalbottom 45%
Fundingbottom 43%
Fin. healthbottom 33%
Techbottom 29%
Newsbottom 21%
Product: 0 product launch events in 12 mo, 1 the year before · 12 distinct product lines
Growth: Revenue +5% YoY · Web rank 50,000,000 → 10,000,000 YoY
rank vs industry peers · Fliar Intelligence Index 32/100
$3M
FY2025
$3M1 mo agoWordPressMySQLPHP+16Top 10M1 job opening
11Recity
Provider of plastic waste management and circular economy solutions
35Talent top 28%Moat top 37%Tech top 47%Fin. health bottom 47%
All 8 signals ▾
Talenttop 28%
Moattop 37%
Techtop 47%
Fin. healthbottom 47%
Marketbottom 46%
Growthbottom 39%
Globalbottom 37%
Fundingbottom 32%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 24% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 2/10
rank vs industry peers · Fliar Intelligence Index 35/100
$3M
FY2025
$315K24 mo ago46WordPressMySQLPHP+20Top 10M1 partnership
12Corvi
Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing…
$3M
FY2025
$19M23 mo ago43WebflowCart FunctionalityUbuntu+15Top 5M
13Argos Arkaya Power Solutions
Lighting & renewable energy solutions
$3M
FY2023
26
14Promethean Energy
Provider of industrial thermal waste heat recovery and energy solutions
$2M
FY2025
$488K13 mo ago24WordPress Block EditorWordPressMySQL+18Top 10M
15INDRA
Manufacturer of decentralized wastewater treatment systems using electrochemical technology
$1M
FY2025
$4M40 mo ago49
49 → 92 (+88%) · sector median +52%
ZohoYouTubeBootstrap+10Top 10M
16Faclon Labs
Provider of industrial data and AI platform for decision intelligence
53Moat top 30%Innovation top 34%Talent top 38%Tech top 39%
All 11 signals ▾
Moattop 30%
Innovationtop 34%
Talenttop 38%
Techtop 39%
Producttop 40%
Fundingtop 45%
AItop 45%
Growthtop 49%
Marketbottom 46%
Globalbottom 39%
Fin. healthbottom 24%
Moat: Top 31% by revenue among 167 tracked Water and Wastewater Management Tech companies · Editorial + unicorn rating 7/10
Innovation: 5 product lines
rank vs industry peers · Fliar Intelligence Index 53/100
$1M
FY2025
$3M22 mo ago118WebflowAmazon Web ServicesMicrosoft Clarity+19Top 10M
17Artha Energy Resources
Platform for mapping renewable energy generation assets
48Talent top 28%Innovation top 34%Growth top 36%Product top 36%
All 10 signals ▾
Talenttop 28%
Innovationtop 34%
Growthtop 36%
Producttop 36%
Moattop 37%
Fundingbottom 49%
Techbottom 41%
Marketbottom 40%
Fin. healthbottom 40%
Globalbottom 32%
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Innovation: 5 product lines
rank vs industry peers · Fliar Intelligence Index 48/100
$887K
FY2025
$11M25 mo ago42PHPCodeIgniterBootstrap+12Top 10M
18Bepure
Online platform offering a range of water purifiers
$845K
FY2025
$160K31 mo agoCart FunctionalityShopifyBootstrap+30Top 5M
19AirOWater
Manufacturer of atmospheric water generators for residential, commercial, and industrial use
$685K
FY2025
5PHPGSAPNginx+7Top 1M
20Praan
Provider of air purification systems for homes, commercial, and industrial spaces
$513K
FY2025
$2M24 mo ago34GridsomeUbuntuElement UI+17Top 5M
21Digital Gorkha
Cloud based visitor management system for housing societies
$448K
FY2018
$165K94 mo ago13
22Exposome
Provider of materials chemistry solutions for industrial air and water treatment
$331K
FY2025
$1M8 mo ago14
14 → 30 (+114%) · sector median +52%
WordPressMySQLPHP+24Top 50M1 launch
23DesiHangover
Manufacturer of handcrafted leather-soled sandals supporting artisan communities
$200K
FY2025
$182K53 mo ago
24Power Anser Labs
Provider of power sector planning and forecasting tools.
$165K
FY2025
118 mo ago
25SustLabs
Provider of IoT-based energy consumption monitoring solutions
29Growth top 24%Talent top 38%Funding bottom 49%Tech bottom 43%
All 8 signals ▾
Growthtop 24%
Talenttop 38%
Fundingbottom 49%
Techbottom 43%
Moatbottom 42%
Globalbottom 37%
Fin. healthbottom 35%
Marketbottom 14%
Growth: Revenue +76% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 29/100
$157K
FY2025
$522K14 mo ago7UbuntuMUIBootstrap+13Top 50M
26Living Things
AI and IoT technology provide energy intelligence solutions for enterprises
$124K
FY2025
$1M39 mo ago40
40 → 64 (+60%) · sector median +52%
Node.jsRadix UITailwind CSS+14Top 50M
27Zoss Water
Provides smart and IoT enabled water dispensers
$123K
FY2025
36 mo agoWix eCommerceWixSentry+15Top 50M
28Two Point O Capital
Provider of financing solutions for energy transition projects and businesses
$121K
FY2025
$6M20 mo ago
29Ossus
Provider of green hydrogen production technology using industrial wastewater and bioelectrochemical systems
$119K
FY2025
$2M20 mo ago31
31 → 45 (+45%) · sector median +52%
Wix eCommerceWixSentry+12Top 50M3 job openings · 1 internship
30Ushva
Electricity generation using wind and solar energy
$113K
FY2022
76 mo ago17
31Eugenie.ai
Provider of AI-driven emissions intelligence for industrial sustainability and operational efficiency
$93K
FY2025
$50K40 mo ago3,865
32Albatross Energetics
Provider of a thermal engineering and technology company that designs and manufactures air-handling units
$44K
FY2025
$155K26 mo agoWebflowjsDelivrCloudflare+5Top 50M
33WeatherCast Solutions
Provider of a provider of intelligent weather and microclimate forecasting solutions that blend meteorology…
$31K
FY2025
$53K22 mo agoNode.jsYouTubeReact+8Top 50M1 job opening
34Myplan8
Developer of software for carbon footprint reduction and employee engagement
$30K
FY2025
$61K36 mo ago3WordPressMySQLPHP+29Top 50M
35ART-PV India
Developer of perovskite tandem solar cell technology for clean energy
7Talent top 35%Funding top 45%Tech bottom 38%Global bottom 33%
All 6 signals ▾
Talenttop 35%
Fundingtop 45%
Techbottom 38%
Globalbottom 33%
Marketbottom 9%
Fin. healthbottom 9%
Talent: 3 named leaders on record
Funding: Raised $11.3M across 4 rounds · 4 rounds over 1 yrs (4.0/yr)
rank vs industry peers · Fliar Intelligence Index 7/100
$13K
FY2025
$11M9 mo agoWordPressMySQLPHP+17Top 50M1 internship
36Earth5R
SaaS-based sustainability management platform
$9K
FY2025
$300K48 mo agoWordPressMySQLPHP+22Top 5M
37Lytyfy
P2P social crowdfunding platform
$9K
FY2018
116 mo ago6
38Urjas
Provider of devices that converts agro and plastic waste into energy
$7K
FY2018
$100K135 mo ago1PHPGoogle MapsApache HTTP Server+7Top 50M
39Exchange4Solar
Provider of online B2B marketplace for the solar industry
$14
FY2025
$15K114 mo ago
40Redcherry
Provider of IoT and cloud-enabled building energy management solutions
$6
FY2025
$30K94 mo ago
41Biizlo
App-based visitor management system for apartments and commercial facilities
$500K91 mo ago
42Algo Engines
IoT based technology solutions for wind turbines, solar plants & other IoTs
$10K119 mo ago75
43280 Carbon
Developer of technology converting captured carbon dioxide into ethylene for fuels
44Two Point O Capital
Financial organization focused on providing financing solutions for clean energy projects
$6M20 mo agoWordPressMySQLPHP+17Top 50M
45New Era Cleantech
Provider of clean coal gasification technology solution
$2M42 mo agoWordPressMySQLPHP+19Top 50M

Top 12 Environment Tech companies in Mumbai

#1
Series B · Mumbai, Maharashtra · founded 2022 · 208 employees
$10.8Mraised

Financial solutions for the electric vehicle, solar, and SME sectors. It offers funding for the full life-cycle of electric two- and three-wheelers. It provides financial products for rooftop solar installations. It offers solutions for purchasing electric scooters and bikes, featuring flexible EMIs, customizable loan tenures, digital application processes, and value-added services such as annual maintenance contracts and asset buyback options.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 16%
News
top 19%
Moat
top 26%
Funding
top 30%
Talent
top 38%
Market
top 39%
Growth: Headcount 119 → 208 (+75%) across vintages · Revenue +206% YoY · Web rank 5,000,000 → 1,000,000 YoY
News: 6 BI events in 12 mo (of 17 tracked, 5 types) · +200% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Moat: Top 11% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 20k LinkedIn followers — 5.9% of this cohort's audience
Funding rounds
  • May 2026Conventional Debt$15M
  • Mar 2026Series B$54.7M
  • Mar 2025Conventional Debt$12.5M
  • Jan 2024Series B$10.8M
Founders & team
Rajashree NambiarCo-founderGovind SankaranarayananCo-Founder & COO
Investors
FMO, Impact Fund Denmark, British International Investment, Finnfund, EverSource Capital, Mirova
Tech stack
AddtoanyAmazon SesAmazon Web ServicesAosApache Http ServerBootstrap
#2
Series A · Mumbai, Maharashtra · founded 2018 · 59 employees
$8.2Mraised

Solar financing, equipment procurement, and performance monitoring solutions. It offers loan options for residential, commercial, and industrial solar projects. It provides a marketplace for solar equipment and supply chain financing. It also offers a monitoring platform for solar asset management and design support services. The platform allows stakeholders to procure solar equipment at competitive prices, streamlining the procurement process for EPCs and end-users.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Fin. health
top 23%
Growth
top 27%
Moat
top 27%
Funding
top 32%
Tech
top 33%
Talent
top 38%
Fin. health: Revenue ~$33.1M (FY2024) · Net margin 9.6% · Revenue +58% YoY
Growth: Headcount 44 → 59 (+34%) across vintages · Revenue +58% YoY · 1 acquisition/expansion move in 24 mo
Moat: Top 3% by revenue among 132 tracked Renewable Energy Tech companies · Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 31k LinkedIn followers — 9.2% of this cohort's audience
Funding rounds
  • Jan 2026Series A$15M
  • Apr 2025Conventional Debt
  • Nov 2024Series A$11.8M
  • Mar 2024Seed$1.2M
Founders & team
Anand JainCo-Founder & CEOVikesh AgrawalCo-Founder & COO
Investors
Blume Venture, Anchorage Capital Partners, Agami Ventures, Avaana Capital Advisors, Firstport Capital, Riverwalk Holdings
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerCdnjsCloudflare
#3
Funding Raised · Mumbai, Maharashtra · founded 2021
$2.6Mraised

LICO is a lithium-ion battery recycling company based in India. They focus on recycling end-of-life lithium-ion batteries and contribute to the sustainability of the battery supply chain ecosystem.

Fliar Intelligence Index™ 32how this company ranks against its industry peers
Product
top 50%
Growth
bottom 49%
Talent
bottom 49%
Market
bottom 46%
Innovation
bottom 45%
Global
bottom 45%
Product: 0 product launch events in 12 mo, 1 the year before · 12 distinct product lines · Company stage: Grant (prize money)
Growth: Revenue +5% YoY · Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 9k LinkedIn followers — 2.6% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Sourcing Manager
Funding rounds
  • May 2026Grant (prize money)$2.6M
Founders & team
Gaurav DolwaniFounder & CEO
Investors
Mines
Tech stack
Apache Http ServerContact Form 7Core-JsElementorGoogle AnalyticsGoogle Font Api
#4
Seed · Mumbai, Maharashtra · founded 2024
$11.3Mraised

Developer of perovskite tandem solar cell technology for clean energy. The company focuses on creating stable and scalable perovskite tandems. It aims to make clean energy a standard for a sustainable world. The company utilizes advanced simulation tools for research and development in tandem cell technology.

Fliar Intelligence Index™ 7how this company ranks against its industry peers
Talent
top 35%
Funding
top 45%
Tech
bottom 38%
Global
bottom 33%
Market
bottom 9%
Fin. health
bottom 9%
Talent: 3 named leaders on record
Funding: Raised $11.3M across 4 rounds · 4 rounds over 1 yrs (4.0/yr) · Last round Seed (Aug 2025)
Tech: 20 technologies across 2/8 capability areas · Cloud: Cloudflare · Security: Http/3, Recaptcha
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
  • Aug 2025Seed$1.1M
  • Jul 2025Seed$145.7K
  • Mar 2025Angel$42.3K
  • Feb 2025Grant (prize money)$10M
Founders & team
M.S UnnikrishnanCEONitika SCo-FounderDinesh KabraCo-Founder & Director
Investors
Mnre, SINE, Aarem Ventures
Tech stack
CloudflareCloudflare Browser InsightsContact Form 7Core-JsGoogle Font ApiGsap
#5
Series A · Mumbai, Maharashtra · founded 2021
$32Mraised

Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines. It offers clean freight transportation services,decarbonizing heavy trucking logistics for corporate clients. They provide access to natural gas to off grid locations enabling esg compliance. Its solutions aim to reduce emissions from road logistics and improve esg performance for industries.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Growth
top 23%
Moat
top 32%
Innovation
top 34%
Product
top 37%
Market
top 41%
Fin. health
top 43%
Growth: Revenue +75% YoY · Fresh capital in last 24 mo
Moat: Top 1% by revenue among 114 tracked Air Pollution Management Tech companies · Editorial + unicorn rating 1/10 · Soonicorn
Innovation: 8 product lines
Audience (LinkedIn): 17k LinkedIn followers — 4.9% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Tata Steel) announced in 12 mo
Funding rounds
  • Mar 2025Series A$20M
  • Jan 2024Seed$12M
Founders & team
Madhur TanejaCEO
Investors
Golden Merchandisers, CITOC, Nk Enterprises Holding, Exponentia Ventures, Swift Lifter
Tech stack
Apache Http ServerBootstrapBunnyBunny FontsContact Form 7Elementor
#6
Series B · Mumbai, Maharashtra · founded 2012 · 78 employees
$9.6Mraised

Provider of post-consumer plastic waste collection, recycling, and product manufacturing. The company transforms discarded plastic into valuable recycled granules and various finished goods. These products include automotive covers, flexible packaging solutions, and retail packaging options. The company focuses on upcycling waste into sustainable materials for businesses.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Moat
top 25%
Fin. health
top 36%
Market
top 39%
Growth
top 43%
Talent
top 45%
Funding
top 48%
Moat: Top 7% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Fin. health: Revenue ~$24.1M (FY2021) · Net margin 3.7% · Revenue 2.5x total funding
Market: 78 employees (top 28% of Environment Tech) · Revenue ~$24.1M · ~2% of tracked Solid Waste Management Tech revenue (174 cos, FY2025)
Audience (LinkedIn): 13k LinkedIn followers — 3.8% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
  • Mar 2025Series B$11.7M
  • Feb 2023Series A$4.9M
  • Jun 2022Series A$4.8M
  • Mar 2020Series A$4.8M
Founders & team
Ujwal DesaiCo-Founder & MDSaumil DesaiDirector
Investors
Circulate Capital, HUL
Tech stack
AosBootstrapBootstrap IconsCdnjsCloudflareFancybox
#7
Seed · Mumbai, Maharashtra · founded 2020 · 14 employees
$1.2Mraised

Provider of materials chemistry solutions for industrial air and water treatment. The company offers products for air treatment, water treatment, and energy solutions across multiple industries. These industries include electronics, pharmaceuticals, oil and gas, public utilities, and renewable energy. The company’s solutions address industrial recovery, gas separation, and waste water compliance.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 890 LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Oct 2025Seed$2.6M
  • Sep 2024Seed$1.2M
  • Aug 2023Seed$212K
  • Dec 2022Seed$30.7K
Founders & team
Prerna GoradiaCo-Founder & CEOAshish DagaCo-FounderAmit GoradiaCo-Founder
Investors
Colossa Ventures, EXCEL Industries, Spectrum Impact, Bhukhanvala Group, 3i Partners, Thermax
Tech stack
CloudflareCloudflare Bot ManagementCookieyesCore-JsElementorElementor Header & Footer Builder
#8
Series A · Mumbai, Maharashtra · founded 2006 · 200 employees
$9Mraised

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LinkedIn Pulse recent public activity · Jul 2026
Audience: 25k LinkedIn followers — 7.5% of this cohort's audience
Hiring: 4 hiring posts in 12 mo (public) · momentum +2 · hiring: Executive Assistant to MD, Jr./Executive – Accounts & Finance
Funding rounds
  • Dec 2024Series A$1.8M
  • Oct 2023Conventional Debt$30M
  • Dec 2022Series A$3.9M
  • Dec 2020Series A$5.1M
Investors
DFC, Circulate Capital, Ocean Fund India Holding, Elcid Investments, Mindmaps Technologies, Dpimpex
Tech stack
BootstrapCart FunctionalityCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#9
Series B · Mumbai, Maharashtra · founded 2012 · 43 employees
$18.7Mraised

Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing processes. They provide products like tube lights,down lights,flat lights,surface lights,spot lights. They uses 3d printing technology and digital simulations to develop new products.

Funding rounds
  • Jun 2024Series B$8M
  • Jul 2017Series A$10M
  • Oct 2016Angel$747.5K
Founders & team
Bhakti SoniCo-FounderTara SoniCo-FounderRahul AuddyCo-Founder & COO
Investors
Hero Enterprise, Enam Holdings, Dhoot Instruments
Tech stack
Animate.CssApache Http ServerCart FunctionalityCdnjsCloudflareGoogle Analytics
#10
Seed · Mumbai, Maharashtra · founded 2024
$6.3Mraised

Financial organization focused on providing financing solutions for clean energy projects

Founders & team
Manya RanjanCo-FounderArchit MehrotraCo-FounderKaran BhutaniCo-Founder
Investors
Omnivore, Multiply Ventures, RTP Global, GrowX Ventures, Spectrum Impact, Abenex
#11
Seed · Mumbai, Maharashtra · founded 2024
$6.3Mraised

Provider of financing solutions for energy transition projects and businesses. The company offers capital for specific needs, including asset monitoring and digital asset management. It focuses on solar rooftop installations, energy efficiency technologies, and wastewater treatment projects. The company provides leasing solutions, capital expenditure financing, and other business loans.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Sep 2024Seed$6.3M
Founders & team
Archit MehrotraCo-FounderKaran BhutaniCo-FounderManya RanjanCo-Founder
Investors
Omnivore, Multiply Ventures, RTP Global, Spectrum Impact, growX ventures, growX Ventures Fund
#12
Series A · Mumbai, Maharashtra · founded 2013 · 42 employees
$11.5Mraised

Platform for mapping renewable energy generation assets. The platform provides solutions for solar, wind, and hydro energy projects and provides financing solutions. It enables engineering, procurement, and construction firms, developers, investors, and technology partners in the renewable energy sector. It offers services for solar and wind energy projects. It represents buy- or sell-side clients, providing end-to-end services including deal origination and asset transfer.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Talent
top 28%
Innovation
top 34%
Growth
top 36%
Product
top 36%
Moat
top 37%
Funding
bottom 49%
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Innovation: 5 product lines
Growth: Revenue +48% YoY
Audience (LinkedIn): 60k LinkedIn followers — 17.6% of this cohort's audience
Funding rounds
  • May 2024Series A$10.1M
  • Apr 2024Angel$144K
  • Feb 2024Angel$337.1K
  • Jan 2024Seed$216.3K
Founders & team
Animesh DamaniFounder & CEOAnimesh DamaniCo-FounderNitish MehtaCo-Founder
Investors
Snow Leopard Ventures, Sat Industries, M C Davar Holdings, DSP Mutual Fund, Glance Finance, BridgeMonte

Funding & investor landscape

$169.9Mtotal disclosed funding
39companies funded
107disclosed rounds
2rounds last 90 days
Most active investors
SINE13 rounds
Social Alpha5 rounds
Spectrum Impact4 rounds
Aureolis Ventures3 rounds
IIMA Ventures3 rounds
Palava Accelerator3 rounds
Village Capital3 rounds
3i Partners2 rounds
AIM Smart City Accelerator2 rounds
Aarem Ventures2 rounds

Notable founders

Rajashree Nambiar
Co-founder · Ecofy
Govind Sankaranarayanan
Co-Founder & COO · Ecofy
Anand Jain
Co-Founder & CEO · Aerem
Vikesh Agrawal
Co-Founder & COO · Aerem
Gaurav Dolwani
Founder & CEO · Lico
M.S Unnikrishnan
CEO · ART-PV India
Nitika S
Co-Founder · ART-PV India
Madhur Taneja
CEO · GreenLine
Ujwal Desai
Co-Founder & MD · Lucro
Saumil Desai
Director · Lucro
Prerna Goradia
Co-Founder & CEO · Exposome
Ashish Daga
Co-Founder · Exposome
Prism market signals · India · country-scoped Prism corpus, 541,451 docs

Market landscape — 10 sub-themes by coverage

Share of Environment Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Mumbai · institutions

What Mumbai researches in environmental monitoring

Bhabha Atomic Research Centre and IIT Bombay lead Mumbai's predominantly recent, optimistic environmental-monitoring research, focusing on radioactivity measurement, contamination transfer, and water quality.

18 papersstance +0.4350% breakthrough21% concern
breakthrough · advancement · concern
local research themes
Radioactivity and Radon MeasurementsRadioactive contamination and transferWater Quality Monitoring TechnologiesNuclear and radioactivity studiesAir Quality and Health ImpactsAir Quality Monitoring and Forecasting
top institutions
  • Bhabha Atomic Research Centre6
  • Indian Institute of Technology Bombay4
  • Homi Bhabha National Institute3
  • University of Mumbai3
  • Indian Institute of Chemical Technology1

Common questions

How many Environment Tech companies are there in Mumbai, India?
Radar tracks 172 indexable Environment Tech companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Environment Tech companies in Mumbai, India?
The Environment Tech companies in Mumbai, India on this list have raised a combined $169.9M in disclosed equity funding across 39 funded companies.
Which is the highest-funded Environment Tech company in Mumbai, India?
GreenLine is the highest-funded Environment Tech company in Mumbai, India, with $32M in disclosed equity funding.
How many Environment Tech companies in Mumbai, India are funded?
39 of the 172 Environment Tech companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Environment Tech unicorns are there in Mumbai, India?
None of the Environment Tech companies in Mumbai, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Mumbai, India Environment Tech companies?
The most active investors in Mumbai, India Environment Tech companies on this list include SINE, Social Alpha, Spectrum Impact, Aureolis Ventures, IIMA Ventures.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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