Company lists
The India edition · 2026

Smart citiescompanies in India

Traffic & mobility, smart grid & energy, surveillance & AI, IoT platforms, water, waste & air and more: the companies building smart cities in India, with their founders, funding, team size and business models.

217 company profiles106 with reported revenue34 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent smart cities business events in India

Funding, M&A, contract wins and launches involving 280 smart cities companies in India, last 24 months: 15 Contracts · 5 funding rounds · 1 M&A deals · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

ContractService

Ceinsys tech · client: Indian Space Research Organisation

Ceinsys Tech has announced the receipt of a significant service order from the Indian Space Research Organisation (ISRO) valued at Rs 3,24,50,000, inclusive of GST.

Technology
FundingBlended equity and debt

Statiq

Statiq has raised approximately $18 million in a blended equity and debt round, signalling renewed investor interest in India’s electric vehicle infrastructure sector after a prolonged…

Investors Tenacity Ventures, Y combinator, Shell Ventures, RCD Holdings
Electric vehicle infrastructure
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
ContractSupply

Aimtron · client: Aurassure

Aimtron Electronics Limited has entered into an original equipment manufacturing engagement with climate technology firm Aurassure to produce IoT enabled weather and environmental…

Technology
ContractService

Ceinsys tech · client: Maharashtra Remote Sensing Application Centre

Ceinsys Tech Ltd received a domestic work order from the Maharashtra Remote Sensing Application Centre (MRSAC) for detailed soil survey and mapping under the National Soil Mapping…

FundingStrategic investment

Nimble vision

The investment has been made in Nimble Vision, a Bengaluru-based DeepTech startup developing advanced indigenous technologies for water conservation, automation, and real-time analytics.

Investors Va tech wabag
DeepTech Water Technology
LaunchEnvizom

Oizom

Envizom, Oizom’s Advanced Environmental Intelligence Platform, has undergone a powerful transformation. Initially designed only for Oizom products, Envizom has since evolved into a…

Environmental Intelligence Platform
ContractInfrastructure

Volttic · client: Tata motors

To further expand this network, the company has signed MoUs with 13 leading Charging Point Operators — including Charge Zone, Zeon Electric, Kazam, Volttic, and Ampvolts — to add another…

EV charging infrastructure
ContractSupply

Aimtron · client: Vanix Technologies

Aimtron Electronics Ltd has secured a major order from Vanix Technologies worth Rs. 4.62 crore to manufacture 50,000 Industrial Internet of Things (IIoT) and Artificial Intelligence (AI)…

Electronics manufacturing
FundingMezzanine round

Vehant Technologies

Security and surveillance solution provider Vehant Technologies has secured $9 million (around Rs 75 crore) in a mezzanine round from the private credit fund of True North.

Investors True north
Security and surveillance solutions, aviation security, smart cities, enterprise analytics
ContractSupply

Vanix Technologies · client: Aimtron Electronics

Aimtron Electronics announced that it has entered into a manufacturing agreement with Vanix Technologies for the development of industrial internet of things (IIoT) and AI appliances.

Smart cities companies in India, by revenue

Browse smart cities 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 106 smart cities 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

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

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 technology, consultancy, and analytics solutions in the geospatial and engineering domains

Smart cities
₹429.72 crFY 2024-25
+67%2024–2025
950+60% 12 mo to Aug 2024recorded Aug 2024
28 yr1998
0none in 3 months

Provides software platforms to monitor energy and water usage

Smart cities
₹212.38 crFY 2022-23
Not reported
1,073LinkedIn · Jul 2026
25 yr2001
6postings · last posted Sep 2026

Tech-enabled platform offering toll & traffic management solutions

Road transport tech
₹189.47 crFY 2024-25
+6%2024–2025
728+34% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
0none in 3 months

Provider of smart-grid solutions to optimize energy generation

Smart grid
₹140.48 crFY 2024-25
+20%2024–2025
383+15% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
3postings · last posted Aug 2026

AI-enabled security and traffic enforcement solutions

Road transport tech
₹100.83 crFY 2024-25
-39%2024–2025
448+18% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
17postings · last posted Sep 2026

Network of electric vehicle chargers and related software solutions provider

Smart cities
₹79.32 crFY 2024-25
+74%2024–2025
301+14% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of end-to-end employee transportation and mobility solutions

Smart cities
₹68.50 crFY 2024-25
+37%2024–2025
80+33% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of IoT-based billing and energy management solutions

Smart cities
₹65.14 crFY 2024-25
Not reported
100+26% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Water treatment solutions provider

Water and wastewater management tech
₹52.70 crFY 2024-25
Not reported
126-7% 12 mo to Sep 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months · last posted Jun 2026

Offers suite of traffic management solutions

Road transport tech
₹47.55 crFY 2022-23
Not reported
189LinkedIn · Jul 2026
—
0none in 3 months

Smart metering manufacturer

Smart cities
₹49.01 crFY 2024-25
+210%2024–2025
16-97% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of intelligent city management software solutions

Software testing tools
₹44.06 crFY 2024-25
+46%2024–2025
346-7% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted Jun 2026

Provider of data and energy infrastructure for electric vehicle charging

Iot applications
₹36.54 crFY 2023-24
+72%2023–2024
7LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Tech-enabled toll management system

Road transport tech
₹35.28 crFY 2024-25
-26%2024–2025
103LinkedIn · Jul 2026
28 yr1998
1postings · last posted Aug 2026

Provider of traffic and toll management solutions

Road transport tech
₹27.98 crFY 2024-25
-44%2024–2025
72+91% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Developer of software platform for mapping the assets for smart city

Smart cities
₹27.44 crFY 2024-25
-4%2024–2025
18LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of a suite of traffic management solutions

Road transport tech
₹25.59 crFY 2024-25
-61%2024–2025
62-50% 12 mo to Jul 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of environmental monitoring systems for air quality and weather conditions

Air pollution management tech
₹25.25 crFY 2024-25
Not reported
123+30% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Sep 2026

Manufacturer of intelligent LED displays, traffic automation, and solar power solutions

Smart cities
₹20.76 crFY 2024-25
+50%2024–2025
47LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Online platform offering LED light solutions

Renewable energy tech
₹15.90 crFY 2024-25
+10%2024–2025
2+8% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of an AI and cloud-based video analytics platform for smart cities

Security & surveillance technology
₹13.04 crFY 2024-25
+18%2024–2025
66-29% 12 mo to Jul 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Street lighting control systems

Smart cities
₹12.10 crFY 2024-25
+92%2024–2025
33+3% 12 mo to Jul 2024recorded Jul 2024
27 yr1999
0none in 3 months

App based platform offering self meter reading solutions

Smart grid
₹11.73 crFY 2024-25
+28%2024–2025
64+33% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months
50 of 217 companies shown here · the full list is on Radar
Fliar Radar

Explore all 217 smart cities companies in India on Radar

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

Open smart cities in India on Radar
  • Every company, not just 50All 217 smart cities 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 smart cities companies in India by what you are looking for

Browse the top smart cities companies in India, from smart meters and street lighting to traffic management and video surveillance. Find smart cities startups in India and smart cities companies hiring in India.

8 ways to explore smart cities in India

Smart traffic management & mobility companiesSmart grid, smart meter & energy efficiency companiesVideo surveillance, security & AI analytics companiesIoT platforms & urban data companiesSmart water, waste & air quality companiesSmart building, facility & smart home companies

Smart traffic management & mobility companies

Companies offering traffic management, smart parking and public transport solutions.

  1. VaaaN Infra

    Tech-enabled platform offering toll & traffic management solutions

    Road transport tech
    See in list
  2. Vehant Technologies

    AI-enabled security and traffic enforcement solutions

    Road transport tech
    See in list
  3. Aaveg

    Provider of end-to-end employee transportation and mobility solutions

    Smart cities
    See in list
  4. Comvision

    Offers suite of traffic management solutions

    Road transport tech
    See in list
  5. Fabric IoT

    Provider of data and energy infrastructure for electric vehicle charging

    Iot applications
    See in list

Smart grid, smart meter & energy efficiency companies

Providers of smart meters, street lighting control and energy management.

  1. Genus Power Infrastructures

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

    Smart grid
    See in list
  2. ServControl

    Provider of solutions for solar street lights

    Energy efficiency tech
    See in list
  3. Fluentgrid

    Provides software platforms to monitor energy and water usage

    Smart cities
    See in list
  4. Kalki Communication Technologies

    Provider of smart-grid solutions to optimize energy generation

    Smart grid
    See in list
  5. NSOFT

    Provider of IoT-based billing and energy management solutions

    Smart cities
    See in list

Video surveillance, security & AI analytics companies

Companies building video analytics and security solutions for cities.

  1. Vehant Technologies

    AI-enabled security and traffic enforcement solutions

    Road transport tech
    See in list
  2. AllGoVision

    Provider of an AI and cloud-based video analytics platform for smart cities

    Security & surveillance technology
    See in list
  3. Metafusion

    AI-powered video analytics platform

    Cybersecurity
    See in list
  4. Pixuate

    Cloud and AI based integrated video analytics systems

    Security & surveillance technology
    See in list
  5. Galler Vigilate

    Provider of cognitive analytics, IoT solutions, and automation for businesses

    Big data analytics
    See in list

IoT platforms & urban data companies

IoT platforms, sensors and data platforms for city operations.

  1. Ceinsys

    Provider of smart technology, consultancy, and analytics solutions in the geospatial and engineering domains

    Smart cities
    See in list
  2. Fluentgrid

    Provides software platforms to monitor energy and water usage

    Smart cities
    See in list
  3. Trinity Mobility

    Provider of intelligent city management software solutions

    Software testing tools
    See in list
  4. Fabric IoT

    Provider of data and energy infrastructure for electric vehicle charging

    Iot applications
    See in list
  5. Indigo

    Developer of software platform for mapping the assets for smart city

    Smart cities
    See in list

Smart water, waste & air quality companies

Companies in water management, waste collection and air quality monitoring.

  1. Wapp

    Water treatment solutions provider

    Water and wastewater management tech
    See in list
  2. Oizom

    Provider of environmental monitoring systems for air quality and weather conditions

    Air pollution management tech
    See in list
  3. Aurassure

    AI-powered climate intelligence and environmental monitoring solutions using IoT sensors

    Smart cities
    See in list
  4. Airveda

    Portable and connected air quality monitoring device

    Air pollution management tech
    See in list
  5. SmartTerra

    Develops a data platform for integrating and analyzing water and sewage data at city scale

    Water and wastewater management tech
    See in list

Smart building, facility & smart home companies

Facility management, building automation and smart home providers.

  1. Genus Power Infrastructures

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

    Smart grid
    See in list
  2. Kalki Communication Technologies

    Provider of smart-grid solutions to optimize energy generation

    Smart grid
    See in list
  3. NSOFT

    Provider of IoT-based billing and energy management solutions

    Smart cities
    See in list
  4. Energasia

    Provider of smart poles

    Smart cities
    See in list
  5. Innoquad Technologies

    Provider of IoT based solutions in multi-industries

    Energy efficiency tech
    See in list

Smart cities startups in India

Recently founded smart cities companies in India.

  1. Fabric IoT

    Provider of data and energy infrastructure for electric vehicle charging

    Iot applications
    See in list
  2. Arahas

    Provider of sustainability technology, geospatial solutions, and artificial intelligence services

    Smart cities
    See in list
  3. Aurassure

    AI-powered climate intelligence and environmental monitoring solutions using IoT sensors

    Smart cities
    See in list
  4. Metafusion

    AI-powered video analytics platform

    Cybersecurity
    See in list
  5. Vanix Technologies

    Developer of trackers,EV chargers, and controllers

    Smart cities
    Website
34 companies in India

Smart cities companies hiring in India

Smart cities companies in India with open jobs right now.

  1. Genus Power Infrastructures

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

    Smart grid
    See in list
  2. Fluentgrid

    Provides software platforms to monitor energy and water usage

    Smart cities
    See in list
  3. Kalki Communication Technologies

    Provider of smart-grid solutions to optimize energy generation

    Smart grid
    See in list
  4. Vehant Technologies

    AI-enabled security and traffic enforcement solutions

    Road transport tech
    See in list
  5. Wapp

    Water treatment solutions provider

    Water and wastewater management tech
    See in list
24 companies in India
Mobile reach

Top 10 smart cities apps from India

The most-installed Android apps published by smart cities companies headquartered in India — 2.8M installs between them. 39 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Statiq: EV Charging Stations

by Statiq

Installs828K
Rating4.07K ratings
Installs, year on year+92%
Last updatedMay 2026
View on Google Play ↗
Statiq: EV Charging Stations screenshot 1Statiq: EV Charging Stations screenshot 2Statiq: EV Charging Stations screenshot 3Statiq: EV Charging Stations screenshot 4Statiq: EV Charging Stations screenshot 5Statiq: EV Charging Stations screenshot 6
2

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
3

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
4

Lythouse - Happiness & Safety

by Lythouse

Installs267K
Rating—
Last updatedFeb 2024
View on Google Play ↗
Lythouse - Happiness & Safety screenshot 1Lythouse - Happiness & Safety screenshot 2Lythouse - Happiness & Safety screenshot 3Lythouse - Happiness & Safety screenshot 4Lythouse - Happiness & Safety screenshot 5
5

Xenius SEMS Plus

by Xenius

Installs190K
Rating—
Installs, year on year+42%
Last updatedFeb 2026
View on Google Play ↗
Xenius SEMS Plus screenshot 1Xenius SEMS Plus screenshot 2Xenius SEMS Plus screenshot 3Xenius SEMS Plus screenshot 4Xenius SEMS Plus screenshot 5Xenius SEMS Plus screenshot 6
7

Airveda - Air Quality

by Airveda

Installs79K
Rating3.23368 ratings
Last updatedMay 2026
View on Google Play ↗
Airveda - Air Quality screenshot 1Airveda - Air Quality screenshot 2Airveda - Air Quality screenshot 3Airveda - Air Quality screenshot 4Airveda - Air Quality screenshot 5Airveda - Air Quality screenshot 6
8

IONAGE - EV Charging App

by Ionage

Installs70K
Rating—
Last updatedMay 2026
View on Google Play ↗
IONAGE - EV Charging App screenshot 1IONAGE - EV Charging App screenshot 2IONAGE - EV Charging App screenshot 3IONAGE - EV Charging App screenshot 4IONAGE - EV Charging App screenshot 5
9

SIKKIM CAB - Request a ride

by Beltech AI

Installs45K
Rating—
Last updatedAug 2025
View on Google Play ↗
SIKKIM CAB - Request a ride screenshot 1SIKKIM CAB - Request a ride screenshot 2SIKKIM CAB - Request a ride screenshot 3SIKKIM CAB - Request a ride screenshot 4SIKKIM CAB - Request a ride screenshot 5
The business behind the activity

Smart cities financials in India

Revenue, profit and growth from the filed annual accounts of 90 smart cities companies in India for FY24-25 — 117 of the 217 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 80% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹4,889.55 cr

90 companies filing accounts

combined net profit₹396.25 cr

8.1% aggregate margin

are profitable67%

60 of 90 companies

median revenue~₹2.8 cr

the typical company

median revenue growth+22%

into FY24-25

earned by the top five80%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,485.14 crFY19-2081 filers
₹1,887.61 crFY20-2182 filers
₹2,069.71 crFY21-2284 filers
₹2,377.40 crFY22-2393 filers
₹3,233.01 crFY23-2493 filers
₹4,889.55 crFY24-2590 filers

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

Like-for-like

The same 78 companies over three years

+109%
FY22-23₹2,277.40 cr₹78.22 cr net
FY23-24₹2,940.29 cr₹112.16 cr net
FY24-25₹4,760.86 cr₹392.22 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 cr2836% profitable
₹1–10 cr3580% profitable
₹10–100 cr2176% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking26
0–20%15
20–50%15
50–100%10
Doubled+18

84 companies with accounts for both years; median growth +22%.

Profitability

Profit is concentrated at the top

60profitable
30loss-making
8.1%aggregate margin
1.9%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
ArahasARAHAS TECHNOLOGIES PRIVATE LIMITED
Genus Power InfrastructuresGENUS POWER INFRASTRUCTURES LIMITED+102%₹2,521.74 cr
Kakatiya Energy SystemsKAKATIYA ENERGY SYSTEMS PRIVATE LIMITED+92%₹12.10 cr
ServControlSERVOTECH RENEWABLE POWER SYSTEM LIMITED+92%₹589.11 cr
StatiqSHARIFY SERVICES PRIVATE LIMITED+74%₹79.45 cr
CeinsysCEINSYS TECH LIMITED+72%₹425.60 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Coral InnovationsCORAL INNOVATIONS PRIVATE LIMITED25.0%₹11.73 cr
CeinsysCEINSYS TECH LIMITED19.1%₹425.60 cr
MelvaultMELVAULT SOFTWARE SOLUTIONS PRIVATE LIMITED
Kalki Communication TechnologiesKALKI COMMUNICATION TECHNOLOGIES PRIVATE LIMITED15.7%₹99.52 cr
SPJ Solar TechnologySPJ SOLAR TECHNOLOGY PRIVATE LIMITED14.9%₹15.90 cr
VaaaN InfraVAAAN INFRA PRIVATE LIMITED12.2%₹184.44 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Smart cities41₹994.53 cr~₹1.8 cr66%2.2%
Energy efficiency tech5₹602.20 cr~₹4.0 cr100%5.8%
Road transport tech17₹455.66 cr~₹2.4 cr65%4.9%
Leaders

Largest smart cities companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Genus Power InfrastructuresGENUS POWER INFRASTRUCTURES LIMITED₹2,521.74 cr₹298.18 cr11.8%+102%
ServControlSERVOTECH RENEWABLE POWER SYSTEM LIMITED₹589.11 cr₹33.47 cr5.7%+92%
CeinsysCEINSYS TECH LIMITED₹425.60 cr₹81.38 cr19.1%+72%
FluentgridFLUENTGRID LIMITED₹203.43 cr₹14.98 cr7.4%-6%
VaaaN InfraVAAAN INFRA PRIVATE LIMITED₹184.44 cr₹22.44 cr12.2%+6%
Vehant TechnologiesVEHANT TECHNOLOGIES PRIVATE LIMITED₹100.51 cr₹11.02 cr11.0%-39%
Kalki Communication TechnologiesKALKI COMMUNICATION TECHNOLOGIES PRIVATE LIMITED₹99.52 cr₹15.58 cr15.7%+24%
StatiqSHARIFY SERVICES PRIVATE LIMITED₹79.45 cr−₹67.40 cr-84.8%+74%
AavegAAVEG MANAGEMENT SERVICES PRIVATE LIMITED₹68.50 cr₹1.23 cr1.8%+37%
NSOFTN SOFT (INDIA) SERVICES PRIVATE LIMITED₹65.14 cr₹3.17 cr4.9%+3%
Some figures are available to Radar members.Log in to Radar to see every figure

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

Smart Cities Industry Landscape of India

The financials above are one chapter. The full smart cities 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 smart cities 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

Smart cities funding and M&A across India

102 recorded equity rounds have gone to 280 smart cities 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 months4

US$21.90m

equity rounds, last 24 months7

US$38.40m

raised over five yearsUS$80.26m

31 rounds in India

M&A deals, India1

last 24 months

Capital by year

Equity funding into smart cities in India

amount rounds
$5.9m201811
$502k201911
$3.7m20209
$4.7m20217
$36m202210
$782k20234
$2.6m20244
$18m20255
$18m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$35.74m across 10 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.52m9 rounds · median US$147k
SeedUS$12.21m16 rounds · median US$839k
Series AUS$66.53m6 rounds · median US$10.95m
Where the money went · five years

Most-funded sub-sectors

Smart citiesUS$48.15m13 rounds · 8 companies
Security & surveillance technologyUS$15.64m11 rounds · 5 companies
Iot applicationsUS$13.50m1 rounds · 1 companies
Water and wastewater management techUS$1.00m1 rounds · 1 companies
Geographic information systemsUS$971k3 rounds · 1 companies
Artificial intelligenceUS$900k1 rounds · 1 companies
DronesUS$102k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

1Acquisition

Most active acquirers

  1. Genus Power Infrastructures1

Most acquired or merged

  1. Newlectric Innovation Pvt Ltd1

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

Smart cities funding in India

34 smart cities companies in India have recorded equity funding, US$105.29m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind smart cities companies in India. 156 of 217 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India smart cities companies by sub-sector

The most common specialisations among smart cities companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring smart cities in India and nearby markets.

Coming soon