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.
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.
Ranked: Best Environment Tech companies in Mumbai
| # | Company | Revenue | Disclosed funding | Last round | Employees | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Concord Enviro Provider of industrial wastewater treatment services | $71M FY2025 | $21M | 130 mo ago | 10 | PHPBootstrapApache HTTP Server+14 | Top 10M | — |
| 2 | GreenLine 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 | $32M | 14 mo ago | — | WordPressMySQLPHP+26 | Top 5M | 1 partnership |
| 3 | Aerem 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 | $8M | 4 mo ago | 59 | Webflow EcommerceWebflowGSAP+20 | Top 5M | — |
| 4 | Lucro 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 | $10M | 14 mo ago | 78 78 → 73 (-6%) · sector median +52% | Windows ServerMicrosoft ASP.NETBootstrap+12 | Top 5M | 2 awards |
| 5 | Dalmia Polypro Industries Provider of recycled plastic flakes and granules from post-consumer waste. | $20M FY2025 | $9M | 18 mo ago | 200 | Cart FunctionalityWixSentry+19 | Top 10M | 2 job openings |
| 6 | Biofuels Junction Producer and supplier of fossil and biofuels | $14M FY2025 | $2M | 34 mo ago | 54 | WordPressMySQLPHP+17 | Top 10M | — |
| 7 | Ecofy 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 | $11M | 1 mo ago | 208 208 → 422 (+103%) · sector median +52% | DrupalPHPBootstrap+16 | Top 1M | — |
| 8 | Solar Ladder Provider of software for solar project management and supply procurement | $8M FY2025 | $1M | 37 mo ago | 26 26 → 28 (+8%) · sector median +52% | SanityTurbopackNode.js+14 | Top 5M | 4 launchs |
| 9 | ReCircle Provider of waste management and recycling solutions for businesses and individuals | $4M FY2025 | $692K | 24 mo ago | 92 92 → 60 (-35%) · sector median +52% | WordPressZohoMySQL+18 | Top 5M | — |
| 10 | Lico 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 | $3M | 1 mo ago | — | WordPressMySQLPHP+16 | Top 10M | 1 job opening |
| 11 | Recity 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 | $315K | 24 mo ago | 46 | WordPressMySQLPHP+20 | Top 10M | 1 partnership |
| 12 | Corvi Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing… | $3M FY2025 | $19M | 23 mo ago | 43 | WebflowCart FunctionalityUbuntu+15 | Top 5M | — |
| 13 | Argos Arkaya Power Solutions Lighting & renewable energy solutions | $3M FY2023 | — | — | 26 | — | — | — |
| 14 | Promethean Energy Provider of industrial thermal waste heat recovery and energy solutions | $2M FY2025 | $488K | 13 mo ago | 24 | WordPress Block EditorWordPressMySQL+18 | Top 10M | — |
| 15 | INDRA Manufacturer of decentralized wastewater treatment systems using electrochemical technology | $1M FY2025 | $4M | 40 mo ago | 49 49 → 92 (+88%) · sector median +52% | ZohoYouTubeBootstrap+10 | Top 10M | — |
| 16 | Faclon 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 | $3M | 22 mo ago | 118 | WebflowAmazon Web ServicesMicrosoft Clarity+19 | Top 10M | — |
| 17 | Artha 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 | $11M | 25 mo ago | 42 | PHPCodeIgniterBootstrap+12 | Top 10M | — |
| 18 | Bepure Online platform offering a range of water purifiers | $845K FY2025 | $160K | 31 mo ago | — | Cart FunctionalityShopifyBootstrap+30 | Top 5M | — |
| 19 | AirOWater Manufacturer of atmospheric water generators for residential, commercial, and industrial use | $685K FY2025 | — | — | 5 | PHPGSAPNginx+7 | Top 1M | — |
| 20 | Praan Provider of air purification systems for homes, commercial, and industrial spaces | $513K FY2025 | $2M | 24 mo ago | 34 | GridsomeUbuntuElement UI+17 | Top 5M | — |
| 21 | Digital Gorkha Cloud based visitor management system for housing societies | $448K FY2018 | $165K | 94 mo ago | 13 | — | — | — |
| 22 | Exposome Provider of materials chemistry solutions for industrial air and water treatment | $331K FY2025 | $1M | 8 mo ago | 14 14 → 30 (+114%) · sector median +52% | WordPressMySQLPHP+24 | Top 50M | 1 launch |
| 23 | DesiHangover Manufacturer of handcrafted leather-soled sandals supporting artisan communities | $200K FY2025 | $182K | 53 mo ago | — | — | — | — |
| 24 | Power Anser Labs Provider of power sector planning and forecasting tools. | $165K FY2025 | — | 118 mo ago | — | — | — | — |
| 25 | SustLabs 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 | $522K | 14 mo ago | 7 | UbuntuMUIBootstrap+13 | Top 50M | — |
| 26 | Living Things AI and IoT technology provide energy intelligence solutions for enterprises | $124K FY2025 | $1M | 39 mo ago | 40 40 → 64 (+60%) · sector median +52% | Node.jsRadix UITailwind CSS+14 | Top 50M | — |
| 27 | Zoss Water Provides smart and IoT enabled water dispensers | $123K FY2025 | — | 36 mo ago | — | Wix eCommerceWixSentry+15 | Top 50M | — |
| 28 | Two Point O Capital Provider of financing solutions for energy transition projects and businesses | $121K FY2025 | $6M | 20 mo ago | — | — | — | — |
| 29 | Ossus Provider of green hydrogen production technology using industrial wastewater and bioelectrochemical systems | $119K FY2025 | $2M | 20 mo ago | 31 31 → 45 (+45%) · sector median +52% | Wix eCommerceWixSentry+12 | Top 50M | 3 job openings · 1 internship |
| 30 | Ushva Electricity generation using wind and solar energy | $113K FY2022 | — | 76 mo ago | 17 | — | — | — |
| 31 | Eugenie.ai Provider of AI-driven emissions intelligence for industrial sustainability and operational efficiency | $93K FY2025 | $50K | 40 mo ago | 3,865 | — | — | — |
| 32 | Albatross Energetics Provider of a thermal engineering and technology company that designs and manufactures air-handling units | $44K FY2025 | $155K | 26 mo ago | — | WebflowjsDelivrCloudflare+5 | Top 50M | — |
| 33 | WeatherCast Solutions Provider of a provider of intelligent weather and microclimate forecasting solutions that blend meteorology… | $31K FY2025 | $53K | 22 mo ago | — | Node.jsYouTubeReact+8 | Top 50M | 1 job opening |
| 34 | Myplan8 Developer of software for carbon footprint reduction and employee engagement | $30K FY2025 | $61K | 36 mo ago | 3 | WordPressMySQLPHP+29 | Top 50M | — |
| 35 | ART-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 | $11M | 9 mo ago | — | WordPressMySQLPHP+17 | Top 50M | 1 internship |
| 36 | Earth5R SaaS-based sustainability management platform | $9K FY2025 | $300K | 48 mo ago | — | WordPressMySQLPHP+22 | Top 5M | — |
| 37 | Lytyfy P2P social crowdfunding platform | $9K FY2018 | — | 116 mo ago | 6 | — | — | — |
| 38 | Urjas Provider of devices that converts agro and plastic waste into energy | $7K FY2018 | $100K | 135 mo ago | 1 | PHPGoogle MapsApache HTTP Server+7 | Top 50M | — |
| 39 | Exchange4Solar Provider of online B2B marketplace for the solar industry | $14 FY2025 | $15K | 114 mo ago | — | — | — | — |
| 40 | Redcherry Provider of IoT and cloud-enabled building energy management solutions | $6 FY2025 | $30K | 94 mo ago | — | — | — | — |
| 41 | Biizlo App-based visitor management system for apartments and commercial facilities | — | $500K | 91 mo ago | — | — | — | — |
| 42 | Algo Engines IoT based technology solutions for wind turbines, solar plants & other IoTs | — | $10K | 119 mo ago | 75 | — | — | — |
| 43 | 280 Carbon Developer of technology converting captured carbon dioxide into ethylene for fuels | — | — | — | — | — | — | — |
| 44 | Two Point O Capital Financial organization focused on providing financing solutions for clean energy projects | — | $6M | 20 mo ago | — | WordPressMySQLPHP+17 | Top 50M | — |
| 45 | New Era Cleantech Provider of clean coal gasification technology solution | — | $2M | 42 mo ago | — | WordPressMySQLPHP+19 | Top 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.
- May 2026Conventional Debt$15M
- Mar 2026Series B$54.7M
- Mar 2025Conventional Debt$12.5M
- Jan 2024Series B$10.8M
#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.
- Jan 2026Series A$15M
- Apr 2025Conventional Debt—
- Nov 2024Series A$11.8M
- Mar 2024Seed$1.2M
#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.
- May 2026Grant (prize money)$2.6M
#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.
- Aug 2025Seed$1.1M
- Jul 2025Seed$145.7K
- Mar 2025Angel$42.3K
- Feb 2025Grant (prize money)$10M
#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.
- Mar 2025Series A$20M
- Jan 2024Seed$12M
#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.
- Mar 2025Series B$11.7M
- Feb 2023Series A$4.9M
- Jun 2022Series A$4.8M
- Mar 2020Series A$4.8M
#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.
- Oct 2025Seed$2.6M
- Sep 2024Seed$1.2M
- Aug 2023Seed$212K
- Dec 2022Seed$30.7K
#8
Series A · Mumbai, Maharashtra · founded 2006 · 200 employees$9Mraised▾
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- Dec 2024Series A$1.8M
- Oct 2023Conventional Debt$30M
- Dec 2022Series A$3.9M
- Dec 2020Series A$5.1M
#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.
- Jun 2024Series B$8M
- Jul 2017Series A$10M
- Oct 2016Angel$747.5K
#10
Seed · Mumbai, Maharashtra · founded 2024$6.3Mraised▾
Financial organization focused on providing financing solutions for clean energy projects
#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.
- Sep 2024Seed$6.3M
#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.
- May 2024Series A$10.1M
- Apr 2024Angel$144K
- Feb 2024Angel$337.1K
- Jan 2024Seed$216.3K
Funding & investor landscape
Notable founders
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
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.
- Bhabha Atomic Research Centre6
- Indian Institute of Technology Bombay4
- Homi Bhabha National Institute3
- University of Mumbai3
- Indian Institute of Chemical Technology1