Best Renewable Energy Tech Companies in Maharashtra, India
The 59 best Renewable Energy Tech companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ecozen Solutions.
Ranked: Best Renewable Energy Tech companies in Maharashtra
| # | Company | Revenue | Disclosed funding | Revenue YoY | Employees | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Ecozen Solutions Developer of automated irrigation systems leveraging AI and IoT 89Fin. health top 12%Moat top 20%Funding top 22%Product top 25% All 11 signals ▾Fin. healthtop 12% Moattop 20% Fundingtop 22% Producttop 25% Techtop 26% Talenttop 28% Markettop 31% Innovationtop 32% Growthtop 33% Globalbottom 39% Newsbottom 24% Fin. health: Revenue ~$137M (FY2024) · Net margin 24.3% Moat: Top 1% by revenue among 1177 tracked Crop Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 89/100 | $137M FY2025 | $29M | +150% | 572 572 → 558 (-2%) | WordPressMySQLPHP+32 | Top 1M | — |
| 2 | Avaada Electro Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications | $110M FY2025 | — | +2986% | — | WordPressMySQLPHP+23 | Top 5M | 4 job openings |
| 3 | Mahindra Teqo Tech enabled renewable energy asset management platform | $60M FY2025 | — | +161% | 135 | WordPressZohoMySQL+33 | Top 5M | — |
| 4 | 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 | +58% | 59 | Webflow EcommerceWebflowGSAP+20 | Top 5M | — |
| 5 | Biofuels Junction Producer and supplier of fossil and biofuels | $14M FY2025 | $2M | +42% | 54 | WordPressMySQLPHP+17 | Top 10M | — |
| 6 | 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 | +206% | 208 208 → 422 (+103%) | DrupalPHPBootstrap+16 | Top 1M | — |
| 7 | Amperehour Solar Technology Provider of energy storage systems and energy management platform solutions | $10M FY2025 | $2M | — | 65 65 → 111 (+71%) | WordPressMySQLPHP+18 | Top 10M | 1 launch |
| 8 | Solar Ladder Provider of software for solar project management and supply procurement | $8M FY2025 | $1M | +70% | 26 26 → 28 (+8%) | SanityTurbopackNode.js+14 | Top 5M | 4 launchs |
| 9 | HCT Solar Provider of solar tracker solutions, Capex (EPC) solutions, and software | $7M FY2025 | — | +89% | — | WordPressMySQLPHP+19 | Top 10M | — |
| 10 | BiofuelCircle Digital marketplace for the biofuel and biomass supply chain 69Tech top 21%Moat top 28%Growth top 30%Funding top 36% All 10 signals ▾Techtop 21% Moattop 28% Growthtop 30% Fundingtop 36% Talenttop 38% Fin. healthtop 45% Markettop 46% Producttop 46% Globalbottom 37% Newsbottom 18% Tech: 54 technologies across 6/8 capability areas · Cloud: Cloudflare Moat: Top 17% by revenue among 132 tracked Renewable Energy Tech companies · Editorial + unicorn rating 5/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $6M FY2025 | $9M | +71% | 70 | WordPressApple iCloud MailMicrosoft 365+32 | Top 5M | 1 job opening |
| 11 | POWERCON Software platform for monitoring and operation of IPPs in the wind energy sector | $6M FY2025 | — | -18% | 135 | WordPressMySQLPHP+17 | Top 10M | 1 job opening |
| 12 | My Eco Energy Provider of biodiesel products | $5M FY2025 | — | -18% | 8 | — | — | — |
| 13 | Gencrest Online platform offering bioenergy solutions | $5M FY2025 | — | +279% | 3 | WordPressMySQLPHP+19 | Top 5M | 1 job opening · 1 launch |
| 14 | Taypro AI-driven solar cleaning robots | $1M FY2025 | $67K | +102% | 32 32 → 40 (+25%) | WordPressMySQLPHP+13 | Top 10M | 1 job opening |
| 15 | ENRecover Manufacturer of Organic Rankine Cycle systems for power production | $1M FY2025 | — | +14% | — | — | — | — |
| 16 | Primove Engineering Technology driven renewable energy company offering compressed biogas production | $1M FY2025 | — | -35% | 37 | WordPressMySQLPHP+11 | Top 50M | — |
| 17 | n3e Integrated solutions for green hydrogen | $892K FY2025 | — | — | 5 | WordPressMySQLPHP+12 | Top 50M | — |
| 18 | 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 | +48% | 42 | PHPCodeIgniterBootstrap+12 | Top 10M | — |
| 19 | Helios Provider of solar power plant performance analytics solutions | $593K FY2025 | — | -42% | 44 | — | — | — |
| 20 | GreenJoules Producer of biofuels from waste | $568K FY2025 | $5M | -42% | 76 | WordPressMySQLPHP+31 | Top 10M | — |
| 21 | RenewShare Online renewable energy investment platform | $389K FY2021 | — | — | 69 | — | — | — |
| 22 | Khethworks Manufacturer of solar-powered irrigation systems for smallholder farmers | $339K FY2022 | $124K | +187% | 10 | Cart FunctionalityWixSentry+11 | Top 50M | — |
| 23 | Kisan Gas Production of biogas from waste | $253K FY2025 | $68K | +171% | — | WordPressMySQLPHP+12 | Top 50M | — |
| 24 | AgriVijay Retailer of renewable energy products for agricultural and rural households 57Innovation top 23%Growth top 23%News top 32%Talent top 38% All 11 signals ▾Innovationtop 23% Growthtop 23% Newstop 32% Talenttop 38% Producttop 43% Fin. healthtop 44% Fundingtop 46% Moattop 50% Techbottom 40% Globalbottom 32% Marketbottom 29% Innovation: 11 product lines · Deep-tech classification: Tech Hardware Growth: Revenue +115% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 57/100 | $186K FY2025 | $467K | +115% | 17 | WordPressMySQLPHP+26 | Top 10M | 1 award |
| 25 | Two Point O Capital Provider of financing solutions for energy transition projects and businesses | $121K FY2025 | $6M | — | — | — | — | — |
| 26 | Ossus Provider of green hydrogen production technology using industrial wastewater and bioelectrochemical systems | $119K FY2025 | $2M | -32% | 31 31 → 45 (+45%) | Wix eCommerceWixSentry+12 | Top 50M | 3 job openings · 1 internship |
| 27 | TriNANO Manufacturer of protective nano coatings for solar energy panel surfaces 37Growth top 21%Talent top 28%Funding bottom 47%Moat bottom 42% All 8 signals ▾Growthtop 21% Talenttop 28% Fundingbottom 47% Moatbottom 42% Techbottom 41% Fin. healthbottom 38% Globalbottom 32% Marketbottom 22% Growth: Revenue +146% YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $112K FY2025 | $558K | +146% | 10 | WordPressMySQLPHP+23 | Top 50M | 1 award |
Top 12 Renewable Energy Tech companies in Maharashtra
#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 C · Pune, Maharashtra · founded 2010 · 572 employees$29.2Mraised▾
Developer of automated irrigation systems leveraging AI and IoT. It optimize crop yields and reduce maintenance requirements. IT provides smart solar irrigation solutions for farmers, offering reliable and optimal irrigation with minimal maintenance.
- Nov 2025Conventional Debt$12.5M
- Jan 2025Conventional Debt$23M
- Apr 2024Series C$30M
- Apr 2024Conventional Debt—
#3
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
#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 B · Pune, Maharashtra · founded 2020 · 70 employees$9.1Mraised▾
Digital marketplace for the biofuel and biomass supply chain. The platform connects farmers, biofuel producers, buyers, and logistics providers through web and mobile applications. It facilitates bilateral transactions, transport coordination, and settlement processing. It offers supply‑chain tools like delivery tracking, quality capture, and documentation management.
- Aug 2025Series B$11.4M
- Jul 2024Series A$5.4M
- Nov 2023Seed$1M
- Mar 2023Seed$791.1K
#6
Seed · Navi Mumbai, Maharashtra · founded 2022 · 10 employees$558Kraised▾
Manufacturer of protective nano coatings for solar energy panel surfaces. These solid-state applications create a microstructure on panels to prevent the accumulation of dust, oil, soot, and organic debris. The coating properties include light trapping, anti-reflection, and self-cleaning capabilities to maintain panel performance. By reducing the frequency of manual cleaning, these materials assist in maintaining energy output levels.
- Mar 2026Seed$190.7K
- Nov 2024Seed$367.3K
- 2024Grant (prize money)—
#7
Series A · Pune, Maharashtra · founded 2017 · 65 employees$2.4Mraised▾
Provider of energy storage systems and energy management platform solutions. The company delivers modular, scalable lithium-ion based energy storage systems for on-grid and off-grid applications. These systems support diesel abatement, demand charge reduction, and hybrid mini-grids. The company also provides an energy management platform for remote monitoring and control of storage and mini-grid assets. The platform facilitates integration with other platforms and custom algorithm development.
- Feb 2025Series A$5M
- Dec 2023Seed$756.2K
- May 2022Seed$1.1M
- Apr 2021Seed$502.6K
#8
Seed · Mumbai, Maharashtra · founded 2024$6.3Mraised▾
Financial organization focused on providing financing solutions for clean energy projects
#9
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
#10
Seed · Pune, Maharashtra · founded 2020 · 17 employees$466.8Kraised▾
Retailer of renewable energy products for agricultural and rural households. This business provides solar, biogas, electric, and organic farming equipment to support energy independence. Offerings include solar water pumps, heaters, dryers, and lighting systems, alongside electric tools and waste treatment solutions. The business model utilizes a network of physical stores to distribute these products and provide technical support. Customers receive assistance with product selection, financing, and maintenance to facilitate the adoption of sustainable energy technologies in rural settings.
- Aug 2025Seed$168.2K
- May 2024Seed$18K
- 2023Grant (prize money)$120.7K
- Mar 2022Seed$114.9K
#11
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
#12
Seed · Mumbai, Maharashtra · founded 2017 · 31 employees$2.4Mraised▾
Provider of green hydrogen production technology using industrial wastewater and bioelectrochemical systems. Its systems enable on-site hydrogen generation by leveraging biological and electrochemical processes that extract energy from waste streams, reducing both emissions and wastewater treatment burdens. The platform is designed to support industrial decarbonization by offering a circular solution that combines wastewater treatment with low-carbon hydrogen production for sectors such as chemicals, oil and gas, and manufacturing.
- Oct 2024Seed$1.2M
- Mar 2023Seed$2.4M
- Feb 2018Seed$20K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Renewable Energy Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Green Hydrogen is moving in India
A read on the academic research around Green Hydrogen — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,333 India-affiliated papers.
- Academy of Scientific and Innovative Research152
- Ministry of Education146
- Indian Institute of Chemical Technology77
- National Chemical Laboratory60
- SRM Institute of Science and Technology56
- Hydrogen production32→245
- Catalysis14→200
- Photocatalysis25→124
- Water splitting8→96
- Overpotential1→88
- Hydrogen production79→485
- Catalysis37→258
- Photocatalysis26→174
- Water splitting17→125
- Production (economics)6→107
- Hydrogen production14→89
- Renewable energy3→46
- Production (economics)2→38
- Fossil fuel3→32
- Hydrogen economy2→29
Where green hydrogen 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.
Who's filing green hydrogen patents in India
India green hydrogen patent filing is accelerating — 936 filings from 868 assignees (2016–2025), led by CSIR, Indian OIL, Reliance Industries; annual filings 81→120.
- CSIR330
- Indian OIL119
- Reliance Industries59
- Hindustan Petroleum58
- TATA Steel56
- LOG 9 Materials Scient29
- TATA Chemicals27
- Antony Benny25
Common questions
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.