Company lists
The Ahmedabad edition · 2026

Sustainability techcompanies in Ahmedabad

Energy efficiency, water treatment, waste & recycling, solar & renewable energy, facility & building management and more: the companies building sustainability tech in Ahmedabad, Gujarat, with their founders, funding, team size and business models.

106 company profiles52 with reported revenue11 with recorded fundingOctober 2026 edition
Ahmedabad · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent sustainability tech business events in India

Funding, M&A, contract wins and launches involving 3,401 sustainability tech companies in India, last 24 months: 76 Contracts · 73 funding rounds · 56 M&A deals · 9 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Adani energy solutions acquires IntelliSmart Infrastructure

Adani Energy Solutions (AESL) has signed a binding securities purchase and subscription agreement to acquire 100% of the equity in smart metering company IntelliSmart Infrastructure.

Smart Metering
ContractService

Lohum · client: Hindustan copper

Hindustan Copper Limited (HCL) has awarded LOHUM the rights to restart, upgrade, and maintain the 50,000 tonne-per-annum Copper Project at Jhagadia, Gujarat, under a 20-year…

Copper
Funding

Anant Raj

Anant Raj Limited (ARL) has entered into a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC), Government of Haryana, to invest approximately Rs…

Digital Infrastructure
ContractInfrastructure

Anant Raj · client: Haryana government

In a statement on Monday, Anant Raj said it has signed a Memorandum of Understanding (MoU) with the Haryana government to invest ₹20,000 crore in the development of large-scale data…

Data centre infrastructure
LaunchReverse Mentoring

K raheja corp

K Raheja Corp, one of India's leading real estate conglomerates, has launched 'Reverse Mentoring', a people-focused learning initiative designed to encourage meaningful dialogue between…

Learning and Development
M&AAcquisition · Completed

Inox Clean Energy acquires Vibrant energy

Inox Clean Energy Limited has completed the acquisition of Vibrant Energy, a Macquarie-backed renewable independent power producer focused on the commercial and industrial (C&I) segment.…

Renewable independent power producer
FundingSeries B

Kimbal

Energy engineering company Kimbal Pvt Ltd on Thursday raised $22 million in a Series B funding round, led by sustainability-focused private equity firm, GEF Capital Partners.

Energy Engineering
M&AAcquisition · Completed

Inox Clean Energy acquires Macquarie-owned Vibrant Energy

It then went on to acquire Macquarie-owned Vibrant Energy, an Indian renewable energy company that supplies electricity to Amazon’s establishments in the country.

Renewable Energy
ContractService

Sterling and wilson renewable energy · client: Coal india

The company said it has been declared the L1 bidder for a turnkey EPC package from Coal India for the development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan.…

Renewable Energy
FundingParent company guarantee

Sterling and wilson renewable energy

Sterling and Wilson Renewable Energy Limited has issued a USD 34 million parent company guarantee in favour of Nedbank Limited to secure an additional working capital facility for…

Investors Nedbank
Solar power
Funding

Ecoil

Clean energy startup Ecoil has raised about $2.5 million in a funding round led by early-growth stage venture capital firm Fundalogical Ventures.

Investors Caspian Impact Investment, Momentum capital, The chennai angels
Clean Energy
M&AAcquisition · Announced

Multiple potential suitors (Brookfield, Macquarie, KKR, Actis) acquires IntelliSmart Infrastructure

Promoters of IntelliSmart are seeking an enterprise valuation of about $700 million (₹6,520 crore), the people said.

Smart Metering
M&AAcquisition · Completed

Premier energies acquires Transcon

Premier Energies Limited has completed its acquisition of Transcon Ind Limited.

ContractSupply

Serentica renewables · client: Cairn Oil & Gas

Cairn Oil & Gas, part of the Vedanta Group, has started sourcing 25 MW of renewable hybrid power from Serentica Renewables for its Barmer oil field in Rajasthan.

Energy
M&AAcquisition · Rumored

Na acquires IntelliSmart Infrastructure

Mumbai: More than half a dozen potential suitors including global investors Brookfield, Macquarie, KKR, and Actis are in early-stage talks to acquire IntelliSmart Infrastructure, said…

ContractSupply

Serentica renewables · client: Sanathan Polycot

Serentica Renewables has inked a deal with Sanathan Polycot to provide 32 MW of hybrid renewable energy.

M&AMerger · Completed

Svatantra Microfin acquires Svatantra

Svatantra Microfin Pvt Ltd announced on Monday the successful completion of its merger with Chaitanya India Fin Credit Pvt Ltd (CIFCPL) and Svatantra Holding Pvt Ltd.

Microfinance
M&AMerger · Completed

Svatantra Microfin acquires Chaitanya india fin credit

Svatantra Microfin has completed the amalgamation of Chaitanya India Fin Credit and Svatantra Holding, following approvals from the National Company Law Tribunal (NCLT) and other…

Microfinance
Funding

Ecofy

Ecofy, an NBFC focused on financing climate change solutions, raised Rs 380.5 crore ($41 million approx,) from BII and DAIF.

Investors Bii, DAIF
FinTech
Funding

Living things

Spadel has invested in UK beverage company Living Things through its venture capital arm, The Source Ventures, as part of a new funding round aimed at accelerating growth.

Investors Spadel
Funding

Svasti microfinance

In 2023, Svasti raised an additional ₹40 crore from Abler Nordic and seven high-net-worth individuals.

Investors Abler Nordic, High-net-worth individuals
ContractTechnology

Genrobotics · client: Pub

Genrobotics, the Indian deep-tech leader redefining hazardous infrastructure maintenance, has secured a major contract with PUB, Singapore’s National Water Agency.

Infrastructure
Contract

Avio Smart Market Stack Limited · client: Huwel lifesciences

Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, has entered into a Share Subscription cum Shareholders’ Agreement with Hyderabad-based Huwel Lifesciences.

Healthcare and diagnostics
M&AAcquisition · Announced

Avio Smart Market Stack Limited acquires Huwel lifesciences

Avio Smart Market Stack has signed a shareholders’ agreement to acquire a minority stake in Hyderabad-based Huwel Lifesciences.

FundingTerm loan

Annapurna finance

Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option.

Investors Standard Chartered Bank
Financial Services
FundingSeed

Hycosys

In a seed funding round headed by MountTech Growth Fund-Kavachh, deep-tech engineering startup Hycosys has raised more than $1 million, or roughly Rs 9 crore.

Investors MountTech Growth Fund-Kavachh
Deep-tech engineering
ContractInfrastructure

Organic recycling systems · client: Shreyam Manek Agro Products Pvt. Ltd

The Bioenergy Project Development and EPC vertical of Organic Recycling Systems (ORSL) has secured a large scale order from Shreyam Manek Agro Products Pvt. Ltd for the construction of a…

Bioenergy

Sustainability tech companies in Ahmedabad, by revenue

Browse sustainability tech companies in Ahmedabad 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 52 sustainability tech companies in Ahmedabad, Gujarat 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

Home loans in semi urban and rural areas

Consumer and sme loans
₹1,600.15 crFY 2024-25
+24%2024–2025
338-64% vs previous recordLinkedIn · Jul 2026
19 yr2007
0none in 3 months

Auto loans provider

Consumer and sme loans
₹661.53 crFY 2023-24
+56%2023–2024
3+52% 12 mo to Jul 2024LinkedIn · Oct 2026
34 yr1992
1postings · last posted Sep 2026

Provider of smart metering solution

Smart grid
₹667.39 crFY 2024-25
+637%2024–2025
54+100% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
1postings · last posted Sep 2026

Provider of microfinance services to low-income households

Microfinance
₹505.20 crFY 2024-25
+9%2024–2025
906+16% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Jun 2026

Microloans for empowering small households

Microfinance
₹494.93 crFY 2024-25
-5%2024–2025
1,017+37% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
5postings · last posted Sep 2026

Provider of water and wastewater quality monitoring solutions

Water and wastewater management tech
₹180.14 crFY 2024-25
+16%2024–2025
21LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Power plant and asset monitoring platform

Renewable energy tech
₹176.49 crFY 2024-25
+75%2024–2025
262LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Apr 2026

Manufacturer of solar panels and indoor LED lights

Solar energy
₹84.40 crFY 2024-25
-8%2024–2025
23+0% 12 mo to Mar 2024LinkedIn · Oct 2026
27 yr1999
0none in 3 months · last posted Jul 2026

Manufacturer of recycling equipment

Solid waste management tech
₹80.24 crFY 2024-25
+49%2024–2025
66+101% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jun 2026

Provider of green building architect and designing services

Green buildings
₹69.28 crFY 2024-25
+66%2024–2025
59-40% 12 mo to Sep 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Provider of an energy monitoring system

Facility management tech
₹58.74 crFY 2024-25
+19%2024–2025
60LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of software for solar designing

Renewable energy tech
₹58.47 crFY 2024-25
+38%2024–2025
108+114% 12 mo to Sep 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months · last posted Apr 2026

IoT solutions for enterprise

Internet of things infrastructure
₹38.34 crFY 2024-25
-24%2024–2025
2+0% 12 mo to Feb 2024recorded Feb 2024
15 yr2011
0none in 3 months

Manufacturer of steam boilers

Energy efficiency tech
₹28.29 crFY 2024-25
+17%2024–2025
19+0% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Developer of residential and commercial real estate projects and land development

Real estate & infrastructure developers
₹27.78 crFY 2024-25
-20%2024–2025
12LinkedIn · Oct 2026
11 yr2015
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

Provider of smart metering devices

Smart grid
₹21.05 crFY 2024-25
+8%2024–2025
33-16% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of electrical, instrumentation, and control engineering and EPC contracting services

Solar energy
₹20.26 crFY 2024-25
-30%2024–2025
1LinkedIn · Jul 2026
18 yr2008
0none in 3 months

AI‑driven robotic and vision‑based sorting systems for waste‑management, recycling, and food‑processing applications

Solid waste management tech
₹16.23 crFY 2024-25
+229%2024–2025
95+81% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Manufacturer of reverse vending machines and organic waste composters

Solid waste management tech
₹15.44 crFY 2024-25
+49%2024–2025
16LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted May 2026

Technology solution for water treatment

Water and wastewater management tech
₹11.62 crFY 2024-25
-62%2024–2025
22+38% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jul 2026

Provider of genetic testing services based on RT-PCR & NGS

Genomics
₹11.26 crFY 2024-25
+69%2024–2025
58LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Developer of infectious disease molecular diagnostics kits

Infectious diseases
₹9.90 crFY 2024-25
+100%2024–2025
36+62% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of LED lighting solution

Energy efficiency tech
₹9.76 crFY 2024-25
+22%2024–2025
6LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Online B2B solar marketplace and service provider

B2b e-commerce
₹8.07 crFY 2021-22
-16%2021–2022
5-50% 12 mo to Apr 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months
50 of 106 companies shown here · the full list is on Radar
Fliar Radar

Explore all 106 sustainability tech companies in Ahmedabad on Radar

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

Open sustainability tech in Ahmedabad on Radar
  • Every company, not just 50All 106 sustainability tech companies in Ahmedabad, 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 sustainability tech companies in Ahmedabad by what you are looking for

Find sustainability tech companies in Ahmedabad, from energy efficiency and renewable energy to water treatment and waste recycling. Browse sustainability tech startups in Ahmedabad, listed companies and those hiring.

9 ways to explore sustainability tech in Ahmedabad

Energy efficiency & energy management companiesWater & wastewater treatment technology companiesWaste management & recycling technology companiesSolar & renewable energy technology companiesFacility, building & property management tech companiesGreen building & affordable housing developers

Energy efficiency & energy management companies

Companies offering energy monitoring, efficient lighting and building energy management.

  1. Electrify Energy

    Provider of smart metering solution

    Smart grid
    See in list
  2. GRE Renew Enertech

    Manufacturer of solar panels and indoor LED lights

    Solar energy
    See in list
  3. ACS

    Provider of an energy monitoring system

    Facility management tech
    See in list
  4. Smartmeters Technologies

    Provider of smart metering devices

    Smart grid
    See in list
  5. Alurays

    Provider of LED lighting solution

    Energy efficiency tech
    See in list

Water & wastewater treatment technology companies

Providers of water treatment, purification and wastewater quality monitoring solutions.

  1. Next Engineering

    Provider of water and wastewater quality monitoring solutions

    Water and wastewater management tech
    See in list
  2. Sauber Environmental Solutions

    Technology solution for water treatment

    Water and wastewater management tech
    See in list
  3. PowerH2O

    Provider of industrial and domestic water treatment solutions

    Water and wastewater management tech
    See in list
  4. Bright Solar

    Manufacturer of solar water pumps, solar panels/modules, and solar rooftops

    Solar energy
    See in list
  5. Weismacher

    Provider of electromagnetic water conditioning solutions

    Water and wastewater management tech
    See in list

Waste management & recycling technology companies

Companies making recycling equipment, sorting robots and organic waste solutions.

  1. Fornnax

    Manufacturer of recycling equipment

    Solid waste management tech
    See in list
  2. Ishitva Robotic Systems

    AI‑driven robotic and vision‑based sorting systems for waste‑management, recycling, and food‑processing applications

    Solid waste management tech
    See in list
  3. Endlos

    Manufacturer of reverse vending machines and organic waste composters

    Solid waste management tech
    See in list
  4. Erdol Rahmen

    Used oil recycling systems provider

    Solid waste management tech
    See in list
  5. AltMat

    Manufacturer of sustainable material science solutions converting agricultural waste into natural textile fibres

    Advanced materials
    See in list

Solar & renewable energy technology companies

Solar software, solar equipment and renewable power plant monitoring providers.

  1. GRE Renew Enertech

    Manufacturer of solar panels and indoor LED lights

    Solar energy
    See in list
  2. AhaSolar

    Provider of software for solar designing

    Renewable energy tech
    See in list
  3. Hkapl

    IoT solutions for enterprise

    Internet of things infrastructure
    See in list
  4. IceCube

    Provider of electrical, instrumentation, and control engineering and EPC contracting services

    Solar energy
    See in list
  5. Ezysolare

    Online B2B solar marketplace and service provider

    B2b e-commerce
    See in list

Facility, building & property management tech companies

Software and automation for visitor management, building security and community management.

  1. Midaas

    Provider of grid network monitoring solutions

    Smart grid
    See in list
  2. Futuriztic

    Home automation and energy intelligence solution

    Property management tech
    See in list
  3. Ecolibrium

    Provider of AI-powered platform for optimizing industrial equipment and portfolio performance

    Grc software
    See in list
  4. IncSmart

    Developer of a cloud-based energy management solution

    Energy efficiency tech
    See in list
  5. easilyDone

    Housing and commercial society management application

    Energy efficiency tech
    See in list

Green building & affordable housing developers

Developers and designers of green buildings and affordable housing.

  1. Ronak Buildwell

    Provider of green building architect and designing services

    Green buildings
    See in list
  2. Art Nirman

    Developer of residential and commercial real estate projects and land development

    Real estate & infrastructure developers
    See in list
  3. India Green

    Designs and develops green buildings

    Green buildings
    Website
  4. Aqua Utility Designs and Management

    Developer of green building communities

    Green buildings
    See in list
  5. Apeiro Energy

    Developer of hybrid renewable energy systems combining wind and solar power

    Renewable energy tech
    See in list

Air quality & environmental monitoring companies

Companies offering air pollution monitoring, emission management and carbon tracking.

  1. Oizom

    Provider of environmental monitoring systems for air quality and weather conditions

    Air pollution management tech
    See in list
  2. Creduce

    Provider of carbon credit trading and sustainability consulting services

    Air pollution management tech
    See in list
  3. Ecolibrium

    Provider of AI-powered platform for optimizing industrial equipment and portfolio performance

    Grc software
    See in list
  4. Ventify

    Provider of energy recovery ventilator

    Air pollution management tech
    Website
  5. Bottlingindia

    Mineral water treatment solutions provider, offering turnkey projects and advanced water purification

    Water and wastewater management tech
    Website

Listed sustainability tech companies in Ahmedabad

Publicly listed sustainability tech companies in Ahmedabad.

  1. Arman Financial Services

    Auto loans provider

    Consumer and sme loans
    See in list
  2. GRE Renew Enertech

    Manufacturer of solar panels and indoor LED lights

    Solar energy
    See in list
  3. AhaSolar

    Provider of software for solar designing

    Renewable energy tech
    See in list
  4. Art Nirman

    Developer of residential and commercial real estate projects and land development

    Real estate & infrastructure developers
    See in list
  5. India Green

    Designs and develops green buildings

    Green buildings
    Website
5 companies in Ahmedabad

Sustainability tech startups in Ahmedabad

Recently founded sustainability tech companies in Ahmedabad.

  1. BillionCarbon

    Provider of bio waste services

    Solid waste management tech
    See in list
  2. Green Aadhaar

    Developer of software for waste processing, traceability, and compliance

    Smart cities
    See in list
  3. Apeiro Energy

    Developer of hybrid renewable energy systems combining wind and solar power

    Renewable energy tech
    See in list
  4. SwachhAI

    Smart waste management solution

    Solid waste management tech
    See in list
  5. ECO IMPULSE

    Solar panel cleaning robot system

    Renewable energy tech
    Website
14 companies in Ahmedabad
Mobile reach

Top 10 sustainability tech apps from Ahmedabad

The most-installed Android apps published by sustainability tech companies headquartered in Ahmedabad — 253K installs between them. 16 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

Zydus Bus Booking

by SMG

Installs15K
Rating—
Last updatedMar 2026
View on Google Play ↗
Zydus Bus Booking screenshot 1Zydus Bus Booking screenshot 2Zydus Bus Booking screenshot 3Zydus Bus Booking screenshot 4Zydus Bus Booking screenshot 5Zydus Bus Booking screenshot 6
7

NEPRA CORP

by Let's Recycle

Installs2K
Rating—
Last updatedSep 2025
View on Google Play ↗
NEPRA CORP screenshot 1NEPRA CORP screenshot 2NEPRA CORP screenshot 3NEPRA CORP screenshot 4NEPRA CORP screenshot 5NEPRA CORP screenshot 6
8

VizMan - Visitor Management

by VizMan

Installs2K
Rating—
Last updatedApr 2026
View on Google Play ↗
VizMan - Visitor Management screenshot 1VizMan - Visitor Management screenshot 2VizMan - Visitor Management screenshot 3VizMan - Visitor Management screenshot 4VizMan - Visitor Management screenshot 5VizMan - Visitor Management screenshot 6
10

VOONOTE - ADVANCED VISITOR MAN

by Voonote

Installs546
Rating—
Last updatedOct 2022
View on Google Play ↗
VOONOTE - ADVANCED VISITOR MAN screenshot 1VOONOTE - ADVANCED VISITOR MAN screenshot 2VOONOTE - ADVANCED VISITOR MAN screenshot 3VOONOTE - ADVANCED VISITOR MAN screenshot 4VOONOTE - ADVANCED VISITOR MAN screenshot 5VOONOTE - ADVANCED VISITOR MAN screenshot 6
The business behind the activity

Sustainability tech financials in Ahmedabad

Revenue, profit and growth from the filed annual accounts of 49 sustainability tech companies in Ahmedabad, Gujarat for FY24-25 — 60 of the 106 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 73% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,758.81 cr

49 companies filing accounts

combined net profit₹34.71 cr

1.3% aggregate margin

are profitable65%

31 of 49 companies

median revenue~₹8.0 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five73%

revenue concentration

Six-year view

Combined revenue of filing companies

₹503.68 crFY19-2039 filers
₹625.39 crFY20-2142 filers
₹817.93 crFY21-2247 filers
₹1,316.78 crFY22-2347 filers
₹2,008.68 crFY23-2448 filers
₹2,758.81 crFY24-2549 filers

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

Like-for-like

The same 43 companies over three years

+109%
FY22-23₹1,316.35 cr₹31.25 cr net
FY23-24₹2,000.82 cr₹69.60 cr net
FY24-25₹2,748.76 cr₹34.05 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 cr1421% profitable
₹1–10 cr1385% profitable
₹10–100 cr1681% profitable
₹100–1,000 cr667% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking18
0–20%11
20–50%7
50–100%6
Doubled+5

47 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

31profitable
17loss-making
1.3%aggregate margin
2.4%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
Electrify EnergyELECTRIFY ENERGY PRIVATE LIMITED+637%₹667.39 cr
Adaptive EngineeringADAPTIVE ENGINEERING PRIVATE LIMITED+75%₹176.49 cr
Xcelris LabsXCELRIS LABS LIMITED+69%₹11.26 cr
Ronak BuildwellRONAK BUILDWELL PRIVATE LIMITED+66%₹69.28 cr
Go Green MechanismsGO GREEN MECHANISMS PRIVATE LIMITED+54%
EndlosENDLOS INNOVATIONS PRIVATE LIMITED+49%₹15.44 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
FornnaxFornnax Technology Private Limited11.8%₹80.24 cr
OizomOIZOM INSTRUMENTS PRIVATE LIMITED9.0%₹25.25 cr
GRE Renew EnertechGRE RENEW ENERTECH LIMITED8.8%₹80.05 cr
Pure OxidanePURE OXIDANE TECHNOLOGY PRIVATE LIMITED₹12.37 cr
Next EngineeringNEXTENG ENVIRO PRIVATE LIMITED7.0%₹180.14 cr
RAPIDIonRAPIDION WATER PRIVATE LIMITED6.1%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Water and wastewater management tech8₹361.87 cr~₹12.0 cr88%4.6%
Renewable energy tech6₹218.17 cr~₹1.0 cr33%2.7%
Solid waste management tech7₹104.84 cr~₹88 lakh57%9.4%
Leaders

Largest sustainability tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Electrify EnergyELECTRIFY ENERGY PRIVATE LIMITED₹667.39 cr−₹10.00 cr-1.5%+637%
Pahal Financial ServicesPAHAL FINANCIAL SERVICES PRIVATE LIMITED₹505.20 cr₹6.37 cr1.3%+9%
Light MicrofinanceLIGHT MICROFINANCE PRIVATE LIMITED₹494.93 cr——-5%
Next EngineeringNEXTENG ENVIRO PRIVATE LIMITED₹180.14 cr₹12.69 cr7.0%+16%
Adaptive EngineeringADAPTIVE ENGINEERING PRIVATE LIMITED₹176.49 cr₹7.58 cr4.3%+75%
Synerzez Solutions Private LimitedSYNERZEZ SOLUTIONS PRIVATE LIMITED₹124.22 cr₹28.88 lakh0.2%+30%
FornnaxFornnax Technology Private Limited₹80.24 cr₹9.48 cr11.8%+49%
GRE Renew EnertechGRE RENEW ENERTECH LIMITED₹80.05 cr₹7.00 cr8.8%+5%
Ronak BuildwellRONAK BUILDWELL PRIVATE LIMITED₹69.28 cr₹1.97 cr2.8%+66%
ACSACS ENGITECH PRIVATE LIMITED₹58.74 cr₹2.03 cr3.5%+19%
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

Sustainability Tech Industry Landscape of India

The financials above are one chapter. The full sustainability tech landscape of Ahmedabad 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 sustainability tech landscape of Ahmedabad
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

Sustainability tech funding and M&A across India

1,357 recorded equity rounds have gone to 3,401 sustainability tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ahmedabad compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months40

US$596.22m

equity rounds, last 24 months158

US$1.10bn

raised over five yearsUS$3.89bn

682 rounds in India

M&A deals, India56

last 24 months

Capital by year

Equity funding into sustainability tech in India

amount rounds
$238m201889
$425m2019102
$132m2020101
$382m2021109
$1.0bn2022140
$757m2023138
$685m2024153
$497m2025112
$534m202630

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.04bn across 140 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$20.56m80 rounds · median US$104k
SeedUS$352.69m408 rounds · median US$421k
Series AUS$509.66m107 rounds · median US$3.94m
Series BUS$602.32m43 rounds · median US$11.25m
Series CUS$650.76m26 rounds · median US$15.84m
Series D+US$722.21m12 rounds · median US$30.71m
Private equityUS$1.03bn6 rounds · median US$232.92m
Where the money went · five years

Most-funded sub-sectors

Renewable energy techUS$1.22bn93 rounds · 44 companies
MicrofinanceUS$824.55m35 rounds · 15 companies
Solid waste management techUS$243.03m103 rounds · 47 companies
Consumer and sme loansUS$238.64m7 rounds · 4 companies
Alternative lendingUS$221.19m12 rounds · 5 companies
Air pollution management techUS$157.59m74 rounds · 38 companies
Affordable housingUS$146.45m3 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

51Acquisition
5Merger

Most active acquirers

  1. Inox Clean Energy6
  2. Serum institute of india5
  3. Premier energies3
  4. Inox green energy services3
  5. Adani energy solutions2

Most acquired or merged

  1. Sterling and wilson renewable energy5
  2. IntelliSmart Infrastructure4
  3. Transcon4
  4. Vibrant energy2
  5. Wind World India2

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

Sustainability tech funding in Ahmedabad

11 sustainability tech companies in Ahmedabad have recorded equity funding, US$110.91m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Ahmedabad

Meet the people behind sustainability tech companies in Ahmedabad. 66 of 106 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Ahmedabad sustainability tech companies by sub-sector

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

Keep exploring sustainability tech in India and nearby markets.

Coming soon