Company lists
The Gujarat edition · 2026

Sustainability techcompanies in Gujarat

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

200 company profiles92 with reported revenue21 with recorded fundingOctober 2026 edition

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: 78 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 · Announced

Inox Clean Energy acquires Boviet solar

Inox Clean Energy is set to acquire Boviet Solar in a deal that could assign an enterprise value of about $750 million (around Rs 7,000 crore) to the San Jose, California-headquartered…

Solar 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 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
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
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 Gujarat, by revenue

Browse sustainability tech companies in Gujarat 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 92 sustainability tech companies in 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

Manufacturer of recycled polyester staple fiber and food grade resins

Solid waste management tech
₹717.85 crFY 2024-25
Not reported
168+3% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
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 · Jul 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 operation & maintenance services for wind farms

Renewable energy tech
₹290.18 crFY 2024-25
+11%2024–2025
192-4% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer of point-of-care rapid diagnostic tests for infectious diseases.

Diversified diagnostics
₹274.53 crFY 2024-25
-47%2024–2025
101-4% 12 mo to Sep 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Largest Solar Panel Manufacturers in India | Future Solar

Renewable energy tech
₹263.82 crFY 2024-25
Not reported
635LinkedIn · Jul 2026
4 yr2022
0none in 3 months

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

Provider of solutions for PERC-based solar modules

Renewable energy tech
₹177.59 crFY 2024-25
+15%2024–2025
376-18% vs previous recordLinkedIn · Jul 2026
8 yr2018
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

Provider of carbon credits solution

Air pollution management tech
₹158.20 crFY 2024-25
+16803%2024–2025
18LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of battery energy storage systems and power electronics solutions

Energy storage tech
₹101.10 crFY 2024-25
+87%2024–2025
219LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 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 · Jul 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
105+114% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Apr 2026

Manufacturer membrane for water treatment plants

Nanotechnology
₹53.97 crFY 2024-25
Not reported
90+6% 12 mo to Jun 2023LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Mar 2026

Provider of end-to-end solar solutions and financing options

Renewable energy tech
₹40.67 crFY 2024-25
+114%2024–2025
35LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Solar power plant design and engineering solution provider

Renewable energy tech
₹34.35 crFY 2021-22
Not reported
—Not available
9 yr2017
—No postings tracked

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 voltage regulators and power related equipment

Energy efficiency tech
₹36.48 crFY 2024-25
+5%2024–2025
65+10% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of water treatment solutions

Water and wastewater management tech
₹27.22 crFY 2022-23
Not reported
1LinkedIn · Jul 2026
11 yr2015
0none in 3 months
50 of 200 companies shown here · the full list is on Radar
Fliar Radar

Explore all 200 sustainability tech companies in Gujarat on Radar

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

Open sustainability tech in Gujarat on Radar
  • Every company, not just 50All 200 sustainability tech companies in Gujarat, 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.
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Explore sustainability tech companies in Gujarat by what you are looking for

Browse top sustainability tech companies in Gujarat, from energy efficiency and renewable energy to water treatment and waste recycling. You can also find sustainability tech startups in Gujarat and listed sustainability technology companies.

9 ways to explore sustainability tech in Gujarat

Energy efficiency & smart grid companiesWater & wastewater treatment companiesWaste management & recycling companiesRenewable energy & solar companiesGreen buildings & facility management technologyAir quality & carbon management companies

Energy efficiency & smart grid companies

Energy monitoring, smart metering and power management technology.

  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. TSi Power

    Manufacturer of voltage regulators and power related equipment

    Energy efficiency tech
    See in list
  5. Balkrishna Boilers

    Manufacturer of steam boilers

    Energy efficiency tech
    See in list

Water & wastewater treatment companies

Water treatment, wastewater and water quality monitoring solutions.

  1. Next Engineering

    Provider of water and wastewater quality monitoring solutions

    Water and wastewater management tech
    See in list
  2. Permionics Membranes

    Manufacturer membrane for water treatment plants

    Nanotechnology
    See in list
  3. Greencarbon Envirotech

    Provider of water treatment solutions

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

    Technology solution for water treatment

    Water and wastewater management tech
    See in list
  5. PowerH2O

    Provider of industrial and domestic water treatment solutions

    Water and wastewater management tech
    See in list

Waste management & recycling companies

Recyclers and technology providers for solid and organic waste.

  1. JB Ecotex

    Manufacturer of recycled polyester staple fiber and food grade resins

    Solid waste management tech
    See in list
  2. Fornnax

    Manufacturer of recycling equipment

    Solid waste management tech
    See in list
  3. 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
  4. Alpha Ecoplast

    Provider of recycled polyethylene terephthalate resin, flakes, and deodorized polyethylene

    Solid waste management tech
    See in list
  5. Endlos

    Manufacturer of reverse vending machines and organic waste composters

    Solid waste management tech
    See in list

Renewable energy & solar companies

Solar, wind, energy storage and other renewable energy technology providers.

  1. Inox Green Energy

    Provider of operation & maintenance services for wind farms

    Renewable energy tech
    See in list
  2. Future Solar

    Largest Solar Panel Manufacturers in India | Future Solar

    Renewable energy tech
    See in list
  3. Pixon energy

    Provider of solutions for PERC-based solar modules

    Renewable energy tech
    See in list
  4. Newen Systems

    Provider of battery energy storage systems and power electronics solutions

    Energy storage tech
    See in list
  5. GRE Renew Enertech

    Manufacturer of solar panels and indoor LED lights

    Solar energy
    See in list

Green buildings & facility management technology

Green building developers, building automation and facility management tools.

  1. Ronak Buildwell

    Provider of green building architect and designing services

    Green buildings
    See in list
  2. Trinity Energy

    Manufacturer of power quality management products and energy management solutions

    Iot applications
    See in list
  3. Ricron Panels

    Manufacturer of building materials for construction solutions

    Construction tech
    See in list
  4. Eclipse Global

    Manufacturer of integrated blinds and sunshade systems for natural light control

    Green buildings
    See in list
  5. Aqua Utility Designs and Management

    Developer of green building communities

    Green buildings
    See in list

Air quality & carbon management companies

Air pollution monitoring, carbon credits and emission management.

  1. Climate Detox

    Provider of carbon credits solution

    Air pollution 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. Creduce

    Provider of carbon credit trading and sustainability consulting services

    Air pollution management tech
    See in list
  4. Tapi Healthcare

    Carbonization technology for biochar production

    Renewable energy tech
    See in list
  5. Ecolibrium

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

    Grc software
    Website

Listed sustainability tech companies in Gujarat

Publicly listed sustainability technology companies based in Gujarat.

  1. Arman Financial Services

    Auto loans provider

    Consumer and sme loans
    See in list
  2. Inox Green Energy

    Provider of operation & maintenance services for wind farms

    Renewable energy tech
    See in list
  3. GRE Renew Enertech

    Manufacturer of solar panels and indoor LED lights

    Solar energy
    See in list
  4. AhaSolar

    Provider of software for solar designing

    Renewable energy tech
    See in list
  5. Art Nirman

    Developer of residential and commercial real estate projects and land development

    Real estate & infrastructure developers
    See in list
6 companies in Gujarat

Sustainability tech startups in Gujarat

Newer sustainability tech companies in Gujarat founded in recent years.

  1. Future Solar

    Largest Solar Panel Manufacturers in India | Future Solar

    Renewable energy tech
    See in list
  2. Climate Detox

    Provider of carbon credits solution

    Air pollution management tech
    See in list
  3. Solnce Energy

    Provider of end-to-end solar solutions and financing options

    Renewable energy tech
    See in list
  4. Alpha Ecoplast

    Provider of recycled polyethylene terephthalate resin, flakes, and deodorized polyethylene

    Solid waste management tech
    See in list
  5. BillionCarbon

    Provider of bio waste services

    Solid waste management tech
    Website
33 companies in Gujarat

Sustainability tech companies hiring in Gujarat

Sustainability tech companies in Gujarat with open jobs right now.

  1. Arman Financial Services

    Auto loans provider

    Consumer and sme loans
    See in list
  2. Electrify Energy

    Provider of smart metering solution

    Smart grid
    See in list
  3. Pahal Financial Services

    Provider of microfinance services to low-income households

    Microfinance
    See in list
  4. Light Microfinance

    Microloans for empowering small households

    Microfinance
    See in list
  5. Adaptive Engineering

    Power plant and asset monitoring platform

    Renewable energy tech
    See in list
19 companies in Gujarat
Mobile reach

Top 10 sustainability tech apps from Gujarat

The most-installed Android apps published by sustainability tech companies headquartered in Gujarat — 350K installs between them. 25 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

Geourja Easy Survey GPRD

by GeoUrja

Installs78K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Geourja Easy Survey GPRD screenshot 1Geourja Easy Survey GPRD screenshot 2Geourja Easy Survey GPRD screenshot 3Geourja Easy Survey GPRD screenshot 4Geourja Easy Survey GPRD screenshot 5Geourja Easy Survey GPRD screenshot 6
5

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
8

OctaBees Lite

by OctaBees

Installs5K
Rating—
Last updatedApr 2026
View on Google Play ↗
OctaBees Lite screenshot 1OctaBees Lite screenshot 2OctaBees Lite screenshot 3OctaBees Lite screenshot 4OctaBees Lite screenshot 5OctaBees Lite screenshot 6
10

Visitorz.io-Visitor Management

by Visitorz

Installs4K
Rating—
Last updatedMay 2026
View on Google Play ↗
Visitorz.io-Visitor Management screenshot 1Visitorz.io-Visitor Management screenshot 2Visitorz.io-Visitor Management screenshot 3Visitorz.io-Visitor Management screenshot 4Visitorz.io-Visitor Management screenshot 5Visitorz.io-Visitor Management screenshot 6
The business behind the activity

Sustainability tech financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 86 sustainability tech companies in Gujarat for FY24-25 — 102 of the 200 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 62% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹5,018.83 cr

86 companies filing accounts

combined net profit₹102.63 cr

2.0% aggregate margin

are profitable64%

54 of 86 companies

median revenue~₹3.8 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five62%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,158.75 crFY19-2059 filers
₹2,166.75 crFY20-2164 filers
₹2,290.77 crFY21-2277 filers
₹3,430.68 crFY22-2380 filers
₹4,380.72 crFY23-2483 filers
₹5,018.83 crFY24-2586 filers

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

Like-for-like

The same 73 companies over three years

+45%
FY22-23₹3,428.94 cr₹125.70 cr net
FY23-24₹4,370.88 cr₹293.97 cr net
FY24-25₹4,987.70 cr₹105.56 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 cr2825% profitable
₹1–10 cr2781% profitable
₹10–100 cr2080% profitable
₹100–1,000 cr1182% 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

Shrinking30
0–20%18
20–50%11
50–100%10
Doubled+12

81 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

54profitable
31loss-making
2.0%aggregate margin
1.6%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
Newen SystemsNEWEN SYSTEMS PRIVATE LIMITED+87%₹101.10 cr
Adaptive EngineeringADAPTIVE ENGINEERING PRIVATE LIMITED+75%₹176.49 cr
Xcelris LabsXCELRIS LABS LIMITED
Ronak BuildwellRONAK BUILDWELL PRIVATE LIMITED+66%₹69.28 cr
Go Green MechanismsGO GREEN MECHANISMS PRIVATE LIMITED+54%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Inox Green EnergyInox Green Energy Services Limited13.7%₹280.26 cr
FornnaxFornnax Technology Private Limited11.8%₹80.24 cr
OizomOIZOM INSTRUMENTS PRIVATE LIMITED
GRE Renew EnertechGRE RENEW ENERTECH LIMITED8.8%₹80.05 cr
Premier Medical CorporationPREMIER MEDICAL CORPORATION PRIVATE LIMITED7.9%₹274.53 cr
Pure OxidanePURE OXIDANE TECHNOLOGY PRIVATE LIMITED₹12.37 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Water and wastewater management tech12₹1,178.11 cr~₹9.2 cr75%2.3%
Solid waste management tech12₹727.49 cr~₹69 lakh42%4.0%
Renewable energy tech11₹506.97 cr~₹1.5 cr64%8.9%
Green buildings5₹78.63 cr~₹4.2 cr20%2.3%
Energy efficiency tech6₹77.67 cr~₹5.8 cr83%5.5%
Air pollution management tech5₹45.17 cr~₹7.8 cr80%7.4%
Leaders

Largest sustainability tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Netafim Irrigation IndiaNETAFIM IRRIGATION INDIA PRIVATE LIMITED₹813.82 cr₹10.68 cr
Electrify EnergyELECTRIFY ENERGY PRIVATE LIMITED₹667.39 cr−₹10.00 cr-1.5%+637%
JB EcotexJ B ECOTEX LIMITED₹606.35 cr₹23.89 cr3.9%+15%
Pahal Financial ServicesPAHAL FINANCIAL SERVICES PRIVATE LIMITED₹505.20 cr₹6.37 cr1.3%+9%
Light MicrofinanceLIGHT MICROFINANCE PRIVATE LIMITED₹494.93 cr——-5%
Inox Green EnergyInox Green Energy Services Limited₹280.26 cr₹38.50 cr13.7%+16%
Premier Medical CorporationPREMIER MEDICAL CORPORATION PRIVATE LIMITED₹274.53 cr₹21.58 cr7.9%-47%
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%
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 Gujarat 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 Gujarat
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 Gujarat 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.

Go deeper in the sustainability tech landscape reports:

Sustainability Tech Industry Landscape of India

Sustainability tech funding in Gujarat

21 sustainability tech companies in Gujarat have recorded equity funding, US$118.80m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind sustainability tech companies in Gujarat. 108 of 200 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat sustainability tech companies by sub-sector

The most common specialisations among sustainability tech companies in Gujarat. 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