Radar · Oil & Gas Midstream in India
Best Oil & Gas Midstream Companies in India
The 43 best Oil & Gas Midstream companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: IAV.
By Riya SenguptaFinancials
43companies tracked
$31Mdisclosed funding
0unicorns
1have raised
Sources & further reading
- Technavio
- maximizemarketresearch.com
Ranked: Best Oil & Gas Midstream companies in India
| # | Company | Revenue | Disclosed funding | Employees | Founded | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | ONGC Provider of crude oil & natural gas exploration and production services | $79.9B FY2025 | — | 1 | 1956 | — | 26 signals ▼66% Earnings · Announcements · Contracts | — |
| 2 | GAIL Provider of natural gas exploration, production, transmission, marketing, and processing services | $17.0B FY2025 | — | 3,188 | 1984 | BootstrapApache HTTP ServerTwitter+4 | 12 signals ▼64% Earnings · Contracts · Announcements | — |
| 3 | Mangalore Refinery and Petrochemicals Provider of natural gas & oil refining and processing services | $12.9B FY2025 | — | 472 | 1988 | BootstrapCloudflareUnpkg+10 | 36 signals Earnings · Announcements · Acquisition | — |
| 4 | Aegis Provider of logistics and supply chain services for the oil and gas industries 64Product top 14%Innovation top 20%Moat top 31%News top 32% All 11 signals ▾Producttop 14% Innovationtop 20% Moattop 31% Newstop 32% Fin. healthtop 32% Talenttop 34% Markettop 35% Partnerstop 40% Techtop 47% Globalbottom 37% Growthbottom 31% Product: 7 distinct product lines · Company stage: Public Innovation: 7 product lines rank vs industry peers · Fliar Intelligence Index 64/100 | $825M FY2025 | — | 310 310 → 592 (+91%) | 1956 | WordPressMySQLPHP+31 | 7 signals ▼36% Earnings · Contracts · Announcements | — |
| 5 | Swan Energy Gas regasification unit developer and operator | $814M FY2025 | — | 137 | 1909 | WordPressMySQLPHP+21 | — | — |
| 6 | Great Eastern Ship Provider of marine transportation freight forwarding services | $728M FY2025 | — | 849 | 1948 | YouTubeBootstrapNginx+11 | 10 signals ▼29% Acquisition · Announcements · Contracts | — |
| 7 | Man Industries Manufacturing and supply of steel line pipes | $421M FY2025 | — | 28 | 1988 | WordPressMySQLPHP+19 | 25 signals Regulatory · Earnings · Contracts | — |
| 8 | Sindhu Trade Diversified oil and gas midstream firm | $271M FY2025 | — | 920 | 1984 | WordPressMySQLPHP+15 | 10 signals ▲25% Earnings | — |
| 9 | IAV Provider of oil & gas midstream services | $78M FY2025 | $19M | 391 | 1959 | PHPGoogle MapsBulma+14 | — | — |
| 10 | Ganesh Benzoplast Operator of liquid storage tanks and manufacturer of specialty chemicals | $46M FY2025 | — | 179 | 2009 | PleskWindows ServerMicrosoft ASP.NET+9 | — | — |
| 11 | Castle Ships Shipping company transporting petroleum products | $31M FY2025 | — | 26 | 2006 | WordPressMySQLPHP+20 | — | — |
| 12 | East India Petroleum Liquid storage services | $12M FY2025 | — | 22 | 1994 | — | — | — |
| 13 | M K Roy & Bros Projects Provider of oil storage tanks and pipelines | $12M FY2025 | — | 171 | 2000 | — | — | — |
| 14 | Rudra Gas Enterprise Provider of gas pipeline maintenance services | $12M FY2025 | — | 1 | 2015 | — | — | — |
| 15 | Sanjana Cryogenic Storage Provider of ammonia storage and trading activity of ammonia and other chemicals | $11M FY2025 | — | — | 1999 | — | — | — |
| 16 | Vision Projects Technologies Midstream logistics service to the offshore oil & gas industry | $8M FY2024 | — | 22 22 → 22 (+0%) | 2003 | — | — | 1 job opening |
| 17 | KEI-RSOS Petroleum & Energy Provider of oil & natural gas production, processing, and transportation services | $7M FY2025 | — | 2 | 2010 | — | — | — |
| 18 | Interstate Provider of oil and gas transportation services | $6M FY2022 | — | 12 | 1971 | WordPressPleskMySQL+15 | — | — |
| 19 | Enerinfra Provider of pipeline laying, city gas distribution, and O&M services | $3M FY2025 | — | — | 2017 | — | — | — |
| 20 | VDT Provider of pipeline-based services for the oil and gas industry | $586K FY2025 | $629K | 29 | 2017 | WordPressMySQLPHP+15 | — | — |
| 21 | Parker Agrochem Exports Provider of oil storage services | $543K FY2023 | — | 18 | 1993 | — | — | — |
Top 8 Oil & Gas Midstream companies in India
#1
Public · Nagpur, Maharashtra · founded 1993 · 826 employees$11.3Mraised▾
Public · Nagpur, Maharashtra · founded 1993 · 826 employees
Manufacturer and supplier of bottled LPG gas cylinders
LinkedIn Pulse recent public activity · Jul 2026
Audience: 20k LinkedIn followers
Founders & team
Investors
BW LPG
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsFont AwesomeGoogle Analytics
#2
Early Stage · Mumbai, Maharashtra · founded 1959 · 391 employees$19.1Mraised▾
Early Stage · Mumbai, Maharashtra · founded 1959 · 391 employees
Provider of oil & gas midstream services
Investors
UTI AMC, IOT Infrastructure & Energy Services, Adani Ports & SEZ
Tech stack
AosBootstrapBulmaFont AwesomeGoogle AnalyticsGoogle Font Api
#3
Seed · Noida, Uttar Pradesh · founded 2017 · 29 employees$629.1Kraised▾
Seed · Noida, Uttar Pradesh · founded 2017 · 29 employees
Provider of pipeline-based services for the oil and gas industry. It specializes in pipeline integrity, intervention, project management, and field services. It also provides diversified cleaning, batching pig parts, and trackers.
Funding rounds
- Jan 2023Seed$241.6K
- Jun 2021Seed$269.6K
- Sep 2020Seed$34.1K
- Mar 2019Seed$325.4K
Founders & team
Investors
GAIL, ONGC, SINE, Plugin Alliance, IIM Lucknow Enterprise Incubation Center
Tech stack
DiviGoogle AnalyticsGoogle Font ApiGoogle Tag ManagerJetpackJquery
#4
Public · Mumbai, Maharashtra · founded 1909 · 137 employees—raised▾
Public · Mumbai, Maharashtra · founded 1909 · 137 employees
Gas regasification unit developer and operator
LinkedIn Pulse recent public activity · Jul 2026
Audience: 794 LinkedIn followers
Founders & team
Investors
2i Capital, SBI Life Insurance, LIC Mutual Fund, Tata Mutual Fund, SBI General, BNP Paribas Mutual Fund
Tech stack
BootstrapCdnjsCloudflareContact Form 7Core-JsElementor
#5
Public · Delhi, Delhi · founded 1956 · 1 employees—raised▾
Public · Delhi, Delhi · founded 1956 · 1 employees
Provider of crude oil & natural gas exploration and production services. The company's operations include conventional exploration and production, refining and progressive development of alternate energy sources like coal-bed methane and shale gas. It is an integrated energy company with interests in upstream, midstream and downstream sector of the hydrocarbon value chain, renewables, LNG, Power generation, petrochemicals and Value Added Products. In 2022, the company recorded annual revenues of $86.06B and a net profit of $5.38B
LinkedIn Pulse recent public activity · Jul 2026
Audience: 616k LinkedIn followers — 42.9% of this cohort's audience
Founders & team
Investors
ICICI Bank, Punjab National Bank, Bank of India, Axis Bank
Tech stack
JavaGoogle MapsBootstrapOwl CarouselJqueryGoogle Analytics
#6
Public · Ahmedabad, Gujarat · founded 1991 · 279 employees—raised▾
Public · Ahmedabad, Gujarat · founded 1991 · 279 employees
Provider of natural gas compressor, production and other services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 24k LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · hiring: Talent Acquisition professional
Founders & team
Tech stack
Animate.CssApache Http ServerBootstrapFont AwesomeGoogle AnalyticsJquery
#7
Public · Mumbai, Maharashtra · founded 1969 · 30 employees—raised▾
Public · Mumbai, Maharashtra · founded 1969 · 30 employees
Infrastructure fund focused on multiple sectors. It invests across the sectors of energy (comprising exploration & production, refining & marketing, and power businesses), infrastructure & logistics (comprising ports, projects, and stanlow terminals), metals & mining, and technology & retail (comprising shipping, oilfield services, technology solutions, device protection, and customer experience).
LinkedIn Pulse recent public activity · Jul 2026
Audience: 350k LinkedIn followers — 24.3% of this cohort's audience
Founders & team
Investors
Exim Bank, Central Bank of India, IDBI Bank, UCO Bank, Corporation Bank
Tech stack
Apache Http ServerContact Form 7ElementorEwww Image OptimizerFont AwesomeGoogle Analytics
#8
Public · Mumbai, Maharashtra · founded 1956 · 310 employees—raised▾
Public · Mumbai, Maharashtra · founded 1956 · 310 employees
Provider of logistics and supply chain services for the oil and gas industries. It provides logistic solutions for oil, gas, chemicals, and petrochemical industries. It is a distributor of LPG products and services that cater to homes, hotels, industries.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Product
top 14%Innovation
top 20%Moat
top 31%News
top 32%Fin. health
top 32%Talent
top 34%Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
Moat: Top 5% by revenue among 40 tracked Oil & Gas Midstream companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 18k LinkedIn followers
Founders & team
Investors
Kaup Capital, Kitara Capital, India Capital Growth
Tech stack
Apache Http ServerBootstrapCdnjsCloudflareContact Form 7Cookie Notice
Funding & investor landscape
$31Mtotal disclosed funding
3companies funded
4disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Nitin Khara
Managing Director · Confidence Group
Bhuvanesh Sharma
Managing Director · VDT
Nikhil Merchant
CEO & MD · Swan Energy
Arun Singh
Chairman and Chief Executive Officer · ONGC
Rupesh Savla
Owner & Managing Director & CSR · Deep Industries
Paras Savla
Chairman & Managing Director & CSR · Deep Industries
Ravi Ruia
Co-Founder · EGFL
Shashi Ruia
Co-Founder · EGFL
Raj Chandaria
Chairman & Managing Director · Aegis
Sudhir Malhotra
CEO · Aegis
Prism market signals · India · country-scoped Prism corpus, 369,621 docs
Market landscape — 10 sub-themes by coverage
Share of Oil & Gas Midstream coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Oil & Gas Digital is moving in India
A read on the academic research around Oil & Gas Digital — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 535 India-affiliated papers.
research sentiment over time
201020182026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 17% → 40% across 2010–2026.
top research entities
- Indian Institute of Technology Dhanbad77
- Indian Institute of Technology Madras62
- Oil and Natural Gas Corporation48
- Rajiv Gandhi Institute of Petroleum Technology43
- University of Petroleum and Energy Studies34
leading researchers
Ajay Mandal · Jitendra S. Sangwai · Keka Ojha · Achinta Bera · Tushar Sharma · Nilanjan Pal · G. Suresh Kumar · Subrata Borgohain Gogoi
▲
Breakthroughs72 · 13%
▲ 4%→19% share
▲4.8× share momentum2 median citations76% since 2021mostly methods-led
Breakthroughs are rising (4%→19% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
- Enhanced oil recovery5→22
- Pulmonary surfactant2→9
- Wetting1→6
- Petroleum engineering3→7
- Polymer1→4
Newly emergingReservoir simulation 0→9 · Surface tension 0→6 · Reservoir modeling 0→6
Landmark An Experimental Study of Wetting Behavior and Surfactant EOR in Carbonates With Model Compounds · 180 cites
◆
Advancements360 · 67%
▼ 76%→62% share
▼0.8× share momentum5 median citations49% since 2021mostly empirical
Advancements are cooling (76%→62% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
- Enhanced oil recovery61→111
- Nanofluid5→22
- Residual oil4→16
- Pulmonary surfactant31→42
- Porous medium2→13
Newly emergingSodium dodecyl sulfate 0→6 · Flooding (psychology) 0→6 · Zeta potential 0→5
Landmark Surfactant Stabilized Oil-in-Water Nanoemulsion: Stability, Interfacial Tension, and Rheology Study for Enhanced Oil Rec · 270 cites
▼
Concerns48 · 9%
▼ 11%→8% share
▼0.7× share momentum2 median citations46% since 2021mostly empirical
Concerns are cooling (11%→8% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
- Enhanced oil recovery6→12
- Petroleum engineering6→11
Landmark A review of the supercritical CO2 fluid applications for improved oil and gas production and associated carbon storage · 172 cites
RESEARCH HOTSPOTS · India
Where oil gas digital is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Chennai63 · +0.47
Guwahati21 · +0.50
Delhi-NCR12 · +0.62
Mumbai12 · +0.46
Kharagpur10 · +0.72
Pune8 · +0.68
Kanpur5 · +0.66
PATENT SIGNAL · India
Who's filing oil gas digital patents in India
India oil gas digital patent filing is steady — 2 filings from 15 assignees (2021–2022), led by Glori OIL, SONI Bhupendra, LAL Banwari; annual filings 1→1.
2 filings15 assigneespeak 1/yr2021–2022
filing momentum (YoY 2021–2022)
top patent filers
- Glori OIL2
- SONI Bhupendra2
- LAL Banwari2
- Babcock JOHN Allen2
- GAO PENG1
- Rohilla Neeraj1
- Patil Pramod1
- YU Wanglin1
Common questions
How many Oil & Gas Midstream companies are there in India?
Radar tracks 43 indexable Oil & Gas Midstream companies headquartered in India that meet our profile-completeness bar.
What is the total funding raised by Oil & Gas Midstream companies in India?
The Oil & Gas Midstream companies in India on this list have raised a combined $31M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Oil & Gas Midstream company in India?
IAV is the highest-funded Oil & Gas Midstream company in India, with $19.1M in disclosed equity funding.
How many Oil & Gas Midstream companies in India are funded?
3 of the 43 Oil & Gas Midstream companies in India on this list have disclosed at least one equity funding round.
How many Oil & Gas Midstream unicorns are there in India?
None of the Oil & Gas Midstream companies in India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in India Oil & Gas Midstream companies?
The most active investors in India Oil & Gas Midstream companies on this list include 2i Capital, Adani Ports & SEZ, Anand Rathi, Axis Bank, BNP Paribas Mutual Fund.
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.