Radar · Sustainability Tech in India
Best Sustainability Tech Companies in India
The 2149 best Sustainability Tech companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Deewan Housing Finance Corporation.
By Riya SenguptaFinancials
2149companies tracked
$14.2Bdisclosed funding
1unicorns
545have raised
India's Sustainability Tech directory here tracks 2,149 companies with $14.2 billion in total disclosed funding, ranked by equity raised and recent momentum. That's a real capital stack, not a projection. Weaver leads the field at $326 million, followed by Annapurna Finance at $248 million and Polaris at $80 million. Three companies alone account for over $650 million of disclosed funding, which tells you something about how concentrated the upside is. Coverage has stayed flat, but the themes heating up underneath it are hard to ignore: renewable electricity, green infrastructure, and the broader renewable transition are drawing the most attention from active backers like Rainmatter, Social Alpha, and IIMA Ventures.
So what does the funding distribution actually mean for you? One unicorn across 2,149 companies signals a market still in its formative capital phase, where most players are pre-scale and the gap between the top tier and the rest is wide. I'd watch the mid-range names closely: Solfin at $55 million and Sindhuja Microcredit at $36 million sit in a bracket that historically signals pre-breakout positioning. Recent seed activity from climate-focused sustainability tech firms points to fresh institutional conviction entering the space. And as discussions around balancing sustainability and technology mature globally, India's funded cohort is building the infrastructure that turns policy pressure into earned revenue.
Sources & further reading
- 300kW Solar Panel Installation in Hyderabad at KGR Rigs & Mining
- TN to install rooftop solar panels on state govt buildings, reduce power bills
- NASA image reveals how floating solar panels change lake
FLIAR INTELLIGENCE · SUSTAINABILITY TECH × INDIA
Our analysis of 50 Sustainability Tech companies
$4.2b in tracked funding; 78% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
50companies analysed
78%cloud-native stacks
2024funding peak (by rounds)
2018median founding year
64median Fliar Index™
1.4Mcombined LinkedIn audience
47%of audience held by top 3
15companies hiring publicly (12 mo)
Ranked: Best Sustainability Tech companies in India
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Employees | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Satin Creditcare NBFC offering micro loans to businesses 82Market top 21%Funding top 21%Fin. health top 21%Moat top 27% All 11 signals ▾Markettop 21% Fundingtop 21% Fin. healthtop 21% Moattop 27% Techtop 33% Producttop 34% Innovationtop 36% Growthtop 43% Newstop 47% Talentbottom 49% Globalbottom 39% Market: 13,771 employees (top 1% of Sustainability Tech) · Revenue ~$308M Funding: Raised $41.2M across 21 rounds · 21 rounds over 18 yrs (1.2/yr) rank vs industry peers · Fliar Intelligence Index 82/100 | $308M FY2025 | $41M | 10 mo ago | +16% | 13,771 | WordPressMySQLPHP+26 | 8 signals ▼62% Earnings · Fundraising · Announcements | — |
| 2 | Muthoot Microfin Provider of microfinance financial support and loans to low-income earning women entrepreneurs 87Market top 23%Funding top 23%Fin. health top 23%Tech top 24% All 11 signals ▾Markettop 23% Fundingtop 23% Fin. healthtop 23% Techtop 24% Moattop 24% Producttop 28% Growthtop 32% Talenttop 38% Newstop 41% Partnersbottom 43% Globalbottom 39% Market: 15,695 employees (top 1% of Sustainability Tech) · Revenue ~$276M Funding: Raised $138M across 7 rounds · 7 rounds over 10 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 87/100 | $276M FY2024 | $138M | 9 mo ago | +58% | 15,695 | WordPressMySQLPHP+30 | 7 signals ▼30% Earnings · Capital raise · Contracts | 1 award |
| 3 | Annapurna Finance Provider of microfinance services for economic empowerment 80Funding top 13%Product top 18%Innovation top 20%Moat top 21% All 11 signals ▾Fundingtop 13% Producttop 18% Innovationtop 20% Moattop 21% Newstop 22% Markettop 24% Fin. healthtop 29% Growthtop 41% Talenttop 41% Globalbottom 39% Techbottom 34% Funding: Raised $248M across 18 rounds · 18 rounds over 14 yrs (1.3/yr) Product: 10 distinct product lines · Company stage: Series F rank vs industry peers · Fliar Intelligence Index 80/100 | $258M FY2025 | $248M | 3 mo ago | +5% | 11,346 | WordPressMySQLPHP+18 | 8 signals ▲100% Funding | — |
| 4 | Metalbook B2B platform for metal sourcing, recycling, contract manufacturing, and financing 90Growth top 17%Moat top 18%Funding top 22%Market top 23% All 9 signals ▾Growthtop 17% Moattop 18% Fundingtop 22% Markettop 23% Fin. healthtop 28% Talenttop 28% Techtop 41% Globalbottom 48% Productbottom 48% Growth: Revenue +67% YoY · Fresh capital in last 24 mo Moat: Top 1% by revenue among 262 tracked Manufacturing Tech companies · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 90/100 | $158M FY2025 | $27M | 15 mo ago | +67% | — | Apple iCloud MailNode.jsRadix UI+20 | — | — |
| 5 | Satyamicrocapital Microfinance operations 80Funding top 21%Fin. health top 24%Moat top 26%Market top 29% All 10 signals ▾Fundingtop 21% Fin. healthtop 24% Moattop 26% Markettop 29% Producttop 29% Growthtop 35% Talenttop 38% Techtop 46% Globalbottom 39% Newsbottom 34% Funding: Raised $116M across 21 rounds · 21 rounds over 9 yrs (2.3/yr) Fin. health: Revenue ~$155M (FY2022) · Net margin 0.3% rank vs industry peers · Fliar Intelligence Index 80/100 | $155M FY2024 | $116M | 20 mo ago | +74% | 7,481 | WordPress Block EditorElementorWordPress+29 | — | — |
| 6 | 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 | 7 mo ago | +150% | 572 572 → 558 (-2%) · sector median +30% | WordPressMySQLPHP+32 | — | — |
| 7 | Kimbal Provider of advanced metering infrastructure, smart grid automation, and energy management solutions 78Growth top 16%Moat top 22%Fin. health top 24%Talent top 28% All 10 signals ▾Growthtop 16% Moattop 22% Fin. healthtop 24% Talenttop 28% Fundingtop 33% Markettop 40% Newstop 45% Producttop 46% Techbottom 45% Globalbottom 37% Growth: Headcount 129 → 379 (+194%) across vintages · Revenue +335% YoY Moat: Top 2% by revenue among 64 tracked Smart Grid companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 78/100 | $114M FY2025 | $17M | 1 mo ago | +335% | 379 379 → 734 (+94%) · sector median +30% | WordPressMySQLPHP+15 | — | — |
| 8 | GPS Renewables Provider of biogas engineering and clean fuels technology solutions 69Growth top 24%Moat top 27%Funding top 33%Fin. health top 33% All 13 signals ▾Growthtop 24% Moattop 27% Fundingtop 33% Fin. healthtop 33% Techtop 34% Talenttop 35% Markettop 40% Newstop 40% Producttop 49% Globalbottom 44% Partnersbottom 42% Patentsbottom 38% Innovationbottom 34% Growth: Headcount 291 → 640 (+120%) across vintages · Fresh capital in last 24 mo Moat: Top 1% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $114M FY2025 | $20M | 2 mo ago | — | 640 640 → 907 (+42%) · sector median +30% | WordPress Block EditorWordPressMySQL+21 | 4 signals ▲33% Leadership · Capital raise · Contracts | — |
| 9 | Lohum Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining 72Moat top 20%Funding top 27%Talent top 28%Partners top 32% All 10 signals ▾Moattop 20% Fundingtop 27% Talenttop 28% Partnerstop 32% Growthtop 34% Techtop 36% Markettop 40% Fin. healthtop 47% Newstop 48% Globalbottom 39% Moat: Top 1% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $62.5M across 13 rounds · 13 rounds over 8 yrs (1.6/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $99M FY2025 | $63M | 8 mo ago | — | 317 317 → 497 (+57%) · sector median +30% | WordPressMySQLPHP+29 | 7 signals ▼59% Regulatory · Announcements · Capital raise | 1 award |
| 10 | Shubham Provider of affordable housing finance solutions 80Product top 22%Funding top 24%Moat top 24%Innovation top 25% All 11 signals ▾Producttop 22% Fundingtop 24% Moattop 24% Innovationtop 25% Markettop 29% Fin. healthtop 31% Growthtop 34% Techtop 40% Newstop 42% Talentbottom 49% Globalbottom 39% Product: 10 distinct product lines · 4 published apps (54.4k installs) Funding: Raised $190M across 6 rounds · 6 rounds over 16 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 80/100 | $97M FY2025 | $190M | 18 mo ago | +34% | 3,387 3,387 → 3,106 (-8%) · sector median +30% | Node.jsTailwind CSSReact+10 | 3 signals ▲50% Funding | 1 partnership |
| 11 | JB Ecotex Manufacturer of recycled polyester staple fiber and food grade resins 67Fin. health top 29%Market top 30%Moat top 30%Tech top 33% All 9 signals ▾Fin. healthtop 29% Markettop 30% Moattop 30% Techtop 33% Talenttop 38% Fundingtop 50% Growthbottom 48% Newsbottom 41% Globalbottom 37% Fin. health: Revenue ~$84.9M (FY2024) · Net margin 4.0% Market: 279 employees (top 17% of Sustainability Tech) · Revenue ~$84.9M rank vs industry peers · Fliar Intelligence Index 67/100 | $85M FY2025 | $5M | 8 mo ago | — | 279 279 → 168 (-40%) · sector median +30% | WordPressMySQLPHP+26 | — | — |
| 12 | Save Solutions Provider of MSME business loan against property to rural and semi rural communities 67Moat top 27%Funding top 29%Product top 29%Fin. health top 36% All 10 signals ▾Moattop 27% Fundingtop 29% Producttop 29% Fin. healthtop 36% Markettop 38% Techtop 40% Growthtop 44% Talenttop 44% Newsbottom 46% Globalbottom 39% Moat: Top 13% by revenue among 128 tracked Microfinance companies · Editorial + unicorn rating 7/10 Funding: Raised $43.2M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $68M FY2025 | $43M | 9 mo ago | +5% | 216 | TypeScriptGraphQLNode.js+13 | — | — |
| 13 | Pahal Financial Services Provider of microfinance services to low-income households 72Tech top 28%Funding top 31%Market top 33%Product top 35% All 10 signals ▾Techtop 28% Fundingtop 31% Markettop 33% Producttop 35% Fin. healthtop 37% Talenttop 38% Moattop 40% Growthtop 46% Globalbottom 39% Newsbottom 33% Tech: 47 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Funding: Raised $20.3M across 22 rounds · 22 rounds over 15 yrs (1.5/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $60M FY2025 | $20M | 14 mo ago | +9% | 3,072 | WordPressZohoMySQL+27 | — | — |
| 14 | GreenLine Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines 67Growth top 23%Moat top 32%Innovation top 34%Product top 37% All 10 signals ▾Growthtop 23% Moattop 32% Innovationtop 34% Producttop 37% Markettop 41% Fin. healthtop 43% Fundingtop 45% Talentbottom 49% Techbottom 47% Globalbottom 37% Growth: Revenue +75% YoY · Fresh capital in last 24 mo Moat: Top 1% by revenue among 114 tracked Air Pollution Management Tech companies · Editorial + unicorn rating 1/10 rank vs industry peers · Fliar Intelligence Index 67/100 | $39M FY2025 | $32M | 14 mo ago | +75% | — | WordPressMySQLPHP+26 | — | 1 partnership |
| 15 | 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 | 4 mo ago | +58% | 59 | Webflow EcommerceWebflowGSAP+20 | — | — |
| 16 | Svasti Microfinance Institution catering to the urban poor 62Funding top 29%Moat top 29%Product top 32%Tech top 33% All 11 signals ▾Fundingtop 29% Moattop 29% Producttop 32% Techtop 33% Markettop 35% Innovationtop 36% Newstop 38% Fin. healthbottom 49% Talentbottom 49% Growthbottom 48% Globalbottom 39% Funding: Raised $24.3M across 11 rounds · 11 rounds over 16 yrs (0.7/yr) Moat: Top 17% by revenue among 128 tracked Microfinance companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 62/100 | $30M FY2025 | $24M | 3 mo ago | -10% | 2,071 | WordPressMySQLPHP+18 | 3 signals Funding | — |
| 17 | Sindhuja Microcredit Provider of micro-credit solutions for low-income individuals and businesses 64Growth top 25%Funding top 29%Moat top 30%Market top 35% All 9 signals ▾Growthtop 25% Fundingtop 29% Moattop 30% Markettop 35% Talenttop 38% Fin. healthtop 42% Globalbottom 39% Techbottom 25% Newsbottom 22% Growth: Revenue +72% YoY · Fresh capital in last 24 mo Funding: Raised $35.7M across 8 rounds · 8 rounds over 8 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 64/100 | $27M FY2024 | $36M | 1 mo ago | +72% | 725 | Google Font APISucurijQuery+2 | — | — |
| 18 | Recyclekaro Provider of e-waste, battery, vehicle, and office equipment recycling services 69Growth top 22%Fin. health top 25%Moat top 25%News top 30% All 9 signals ▾Growthtop 22% Fin. healthtop 25% Moattop 25% Newstop 30% Talenttop 38% Fundingtop 39% Markettop 48% Techtop 50% Globalbottom 37% Growth: Revenue +75% YoY · Fresh capital in last 24 mo Fin. health: Revenue ~$26.1M (FY2023) · Net margin 8.5% rank vs industry peers · Fliar Intelligence Index 69/100 | $26M FY2025 | $3M | 4 mo ago | +75% | 23 | WordPressMySQLPHP+17 | 5 signals Regulatory · Capital raise · Announcements | — |
| 19 | Chakr Innovations Provider of cleantech solutions for emission control and clean air 83Growth top 15%Moat top 22%Fin. health top 24%Funding top 28% All 11 signals ▾Growthtop 15% Moattop 22% Fin. healthtop 24% Fundingtop 28% Techtop 30% Innovationtop 31% Producttop 35% Markettop 39% Newstop 46% Talentbottom 49% Globalbottom 39% Growth: Headcount 269 → 567 (+111%) across vintages · Revenue +450% YoY Moat: Top 2% by revenue among 114 tracked Air Pollution Management Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 83/100 | $15M FY2024 | $15M | 9 mo ago | +450% | 567 567 → 447 (-21%) · sector median +30% | WordPressMySQLPHP+28 | — | — |
| 20 | Integrum Energy Provider of hybrid renewable energy solutions integrating wind and solar power 27Moat top 34%Talent top 38%Funding bottom 49%Tech bottom 48% All 9 signals ▾Moattop 34% Talenttop 38% Fundingbottom 49% Techbottom 48% Marketbottom 42% Fin. healthbottom 39% Growthbottom 32% Globalbottom 30% Newsbottom 18% Moat: Top 9% by revenue among 132 tracked Renewable Energy Tech companies · Editorial + unicorn rating 3/10 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 27/100 | $14M FY2025 | $5M | 3 mo ago | -48% | — | WordPressMySQLPHP+22 | — | 2 job openings |
| 21 | 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 | 1 mo ago | +206% | 208 208 → 422 (+103%) · sector median +30% | DrupalPHPBootstrap+16 | 6 signals ▲200% Funding · Capital raise | — |
| 22 | Smart Joules Provider of AI-powered energy efficiency solutions for commercial buildings 76Moat top 22%Talent top 28%Growth top 30%Product top 30% All 12 signals ▾Moattop 22% Talenttop 28% Growthtop 30% Producttop 30% Innovationtop 34% Newstop 34% Fundingtop 35% Markettop 42% Fin. healthtop 42% AItop 45% Techtop 49% Globalbottom 39% Moat: Top 1% by revenue among 73 tracked IoT Applications companies · Editorial + unicorn rating 7/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 76/100 | $8M FY2025 | $7M | 6 mo ago | +40% | 192 192 → 250 (+30%) · sector median +30% | WordPressMySQLSalesforce+25 | 4 signals ▲100% Funding · Capital raise | 2 partnerships |
| 23 | PopVax Developer of mRNA platform for vaccines and therapeutics 74Growth top 18%Moat top 28%Tech top 31%Fin. health top 36% All 11 signals ▾Growthtop 18% Moattop 28% Techtop 31% Fin. healthtop 36% Patentstop 39% Fundingtop 42% Innovationtop 45% AItop 45% Markettop 46% Talentbottom 49% Globalbottom 37% Growth: Headcount 24 → 50 (+108%) across vintages · Revenue +45% YoY Moat: Top 14% by revenue among 42 tracked Infectious Diseases companies · Editorial + unicorn rating 3/10 rank vs industry peers · Fliar Intelligence Index 74/100 | $7M FY2025 | $6M | 9 mo ago | +45% | 50 50 → 79 (+58%) · sector median +30% | SubstackSentryNode.js+14 | — | 1 launch |
| 24 | 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 | 9 mo ago | +71% | 70 | WordPressApple iCloud MailMicrosoft 365+32 | — | 1 job opening |
| 25 | Varaha Provider of saas based carbon removal and sustainable agriculture solutions 76Growth top 15%Talent top 23%News top 24%Moat top 24% All 11 signals ▾Growthtop 15% Talenttop 23% Newstop 24% Moattop 24% Fundingtop 32% Producttop 34% Fin. healthtop 37% Partnerstop 42% Markettop 44% Techbottom 49% Globalbottom 39% Growth: Headcount 33 → 76 (+130%) across vintages · Revenue +792% YoY Talent: 5 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 76/100 | $6M FY2025 | $13M | 3 mo ago | +792% | 76 | Tailwind CSSReactReact Router+10 | 19 signals ▲111% Funding · Capital raise · Contracts | 1 award |
| 26 | RecommerceX Manufacturer of steel and plastic products from recycled industrial materials 42Talent top 28%Moat top 35%Funding top 45%Growth top 45% All 9 signals ▾Talenttop 28% Moattop 35% Fundingtop 45% Growthtop 45% Techbottom 47% Marketbottom 44% Fin. healthbottom 37% Globalbottom 32% Newsbottom 18% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Moat: Top 20% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 42/100 | $5M FY2025 | $4M | 7 mo ago | — | — | WordPress Block EditorElementorWordPress+31 | — | 2 job openings |
| 27 | GreenTech Provider of multi-brand operations and maintenance services for wind turbines 37Growth top 35%Moat top 42%Market top 48%Funding bottom 45% All 8 signals ▾Growthtop 35% Moattop 42% Markettop 48% Fundingbottom 45% Talentbottom 45% Fin. healthbottom 40% Techbottom 35% Globalbottom 32% Growth: Headcount 73 → 194 (+166%) across vintages · Revenue -1% YoY Moat: Top 23% by revenue among 132 tracked Renewable Energy Tech companies · Editorial + unicorn rating 1/10 rank vs industry peers · Fliar Intelligence Index 37/100 | $3M FY2025 | $3M | 5 mo ago | -1% | 194 | WordPressMySQLPHP+19 | — | 1 job opening |
| 28 | Lico It is a lithium-ion battery recycling company focused on recycling end-of-life lithium-ion batteries 32Product top 50%Growth bottom 49%Talent bottom 49%Market bottom 46% All 10 signals ▾Producttop 50% Growthbottom 49% Talentbottom 49% Marketbottom 46% Innovationbottom 45% Globalbottom 45% Fundingbottom 43% Fin. healthbottom 33% Techbottom 29% Newsbottom 21% Product: 0 product launch events in 12 mo, 1 the year before · 12 distinct product lines Growth: Revenue +5% YoY · Web rank 50,000,000 → 10,000,000 YoY rank vs industry peers · Fliar Intelligence Index 32/100 | $3M FY2025 | $3M | 1 mo ago | +5% | — | WordPressMySQLPHP+16 | — | 1 job opening |
| 29 | Ecoil Provides tech based solutions for recycling used cooking oil 55Growth top 25%Talent top 28%News top 38%Moat top 42% All 9 signals ▾Growthtop 25% Talenttop 28% Newstop 38% Moattop 42% Fundingtop 46% Techtop 46% Fin. healthbottom 48% Marketbottom 40% Globalbottom 37% Growth: Revenue +41% 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 55/100 | $3M FY2025 | $361K | 2 mo ago | +41% | 13 | Chart.jsYouTubeBootstrap+19 | 3 signals ▲200% Funding · Capital raise | — |
| 30 | REGRIP Provider of comprehensive solutions for fleet owners, efficiently managing tyre inventory, retreading, and… 53Growth top 18%News top 42%Fin. health top 42%Tech top 43% All 10 signals ▾Growthtop 18% Newstop 42% Fin. healthtop 42% Techtop 43% Moattop 46% Fundingtop 47% Talentbottom 49% Productbottom 40% Globalbottom 37% Marketbottom 32% Growth: Revenue +119% YoY · Fresh capital in last 24 mo News: 2 BI events in 12 mo (of 12 tracked, 3 types) · Top themes: Funding, Regulatory rank vs industry peers · Fliar Intelligence Index 53/100 | $2M FY2025 | $2M | 4 mo ago | +119% | 5 | WordPress Block EditorElementorWordPress+26 | — | 1 launch |
| 31 | Planys Technologies Provider of marine underwater robotics inspection platform 60Talent top 23%News top 25%Growth top 31%Moat top 32% All 9 signals ▾Talenttop 23% Newstop 25% Growthtop 31% Moattop 32% Fundingtop 43% Techtop 44% Fin. healthbottom 49% Marketbottom 48% Globalbottom 37% Talent: 5 named leaders on record · 5 C-suite/founder profiles curated News: 6 BI events in 12 mo (of 23 tracked, 2 types) · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo rank vs industry peers · Fliar Intelligence Index 60/100 | $2M FY2025 | $10M | 6 mo ago | +119% | 102 102 → 168 (+65%) · sector median +30% | WordPressMySQLPHP+28 | 6 signals Funding · Capital raise | — |
| 32 | StepChange Carbon, ESG, and climate risk management platform 72Growth top 23%Moat top 29%Tech top 32%Funding top 33% All 12 signals ▾Growthtop 23% Moattop 29% Techtop 32% Fundingtop 33% Talenttop 38% Innovationtop 39% Fin. healthtop 39% Partnerstop 45% Producttop 48% Marketbottom 49% Globalbottom 45% Newsbottom 21% Growth: Headcount 22 → 47 (+114%) across vintages · Revenue +64% YoY Moat: Top 17% by revenue among 135 tracked GRC Software companies · Editorial + unicorn rating 6/10 rank vs industry peers · Fliar Intelligence Index 72/100 | $2M FY2025 | $5M | 4 mo ago | +64% | 47 47 → 51 (+9%) · sector median +30% | Wix eCommerceWixSentry+22 | — | — |
| 33 | Solinas Integrity Manufacturer of robotic systems for inspecting and cleaning underground pipelines 64Growth top 20%Innovation top 23%Talent top 28%Tech top 40% All 11 signals ▾Growthtop 20% Innovationtop 23% Talenttop 28% Techtop 40% Moattop 41% Producttop 43% Fundingbottom 45% Fin. healthbottom 44% Marketbottom 42% Globalbottom 37% Newsbottom 18% Growth: Headcount 40 → 64 (+60%) across vintages · Revenue +118% YoY Innovation: 5 product lines · Deep-tech classification: Tech Hardware rank vs industry peers · Fliar Intelligence Index 64/100 | $1M FY2025 | $940K | 1 mo ago | +118% | 64 64 → 141 (+120%) · sector median +30% | WordPressZohoMySQL+41 | — | — |
| 34 | EyeROV Provider of autonomous underwater vehicles and data analytics platform services 64Tech top 28%Growth top 29%Innovation top 32%Moat top 37% All 12 signals ▾Techtop 28% Growthtop 29% Innovationtop 32% Moattop 37% Talenttop 38% Newstop 39% Fundingtop 43% Fin. healthtop 44% Producttop 48% Marketbottom 41% Globalbottom 37% Partnersbottom 35% Tech: 44 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud Growth: Headcount 33 → 39 (+18%) across vintages · Revenue +117% YoY rank vs industry peers · Fliar Intelligence Index 64/100 | $1M FY2025 | $2M | 4 mo ago | +117% | 39 | PHPJavaBootstrap+29 | 5 signals ▼17% Funding · Contracts | 1 job opening · 3 awards |
| 35 | DigitalPaani Platform offering water asset management solutions 50Growth top 22%Talent top 28%Moat top 39%Tech top 41% All 9 signals ▾Growthtop 22% Talenttop 28% Moattop 39% Techtop 41% Fundingbottom 49% Fin. healthbottom 41% Globalbottom 37% Marketbottom 34% Newsbottom 27% Growth: Headcount 20 → 30 (+50%) across vintages · Revenue +167% YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 50/100 | $755K FY2025 | $1M | 1 mo ago | +167% | 30 30 → 36 (+20%) · sector median +30% | WordPressMySQLPHP+17 | — | 2 job openings · 4 awards |
| 36 | Solfin Provider of SME loans for solar projects 50Growth top 17%Funding top 34%Tech top 40%Talent bottom 49% All 8 signals ▾Growthtop 17% Fundingtop 34% Techtop 40% Talentbottom 49% Moatbottom 44% Fin. healthbottom 40% Marketbottom 34% Globalbottom 32% Growth: Revenue +902% YoY · Web rank 10,000,000 → 5,000,000 YoY Funding: Raised $54.6M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $352K FY2025 | $55M | 0 mo ago | +902% | — | Node.jsUbuntuChart.js+19 | — | 1 award |
| 37 | Dvara KGFS Provider of financial services including loans, insurance, savings, and remittances 50Talent top 28%Funding top 30%Tech top 42%Growth top 47% All 9 signals ▾Talenttop 28% Fundingtop 30% Techtop 42% Growthtop 47% Moattop 47% Marketbottom 47% Globalbottom 39% Fin. healthbottom 38% Newsbottom 24% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $43.7M across 11 rounds · 11 rounds over 7 yrs (1.6/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $176K FY2024 | $44M | 12 mo ago | -2% | 4,094 | SummernoteGoogle Sign-inGoogle Maps+15 | — | — |
| 38 | 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 | 2 mo ago | +146% | 10 | WordPressMySQLPHP+23 | — | 1 award |
| 39 | PolyCycl Patented technology for conversion of low-grade waste plastics into valuable feedstocks for a… 40Innovation top 28%Growth top 32%Funding top 44%News bottom 49% All 11 signals ▾Innovationtop 28% Growthtop 32% Fundingtop 44% Newsbottom 49% Talentbottom 49% Productbottom 45% Techbottom 41% Moatbottom 38% Globalbottom 37% Fin. healthbottom 33% Marketbottom 26% Innovation: 3 new-product events in 24 mo · Deep-tech classification: Tech Hardware Growth: Revenue +77% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $37K FY2025 | $1M | 4 mo ago | +77% | 12 12 → 8 (-33%) · sector median +30% | WebflowLiteSpeedcore-js+10 | 3 signals Funding · Capital raise | 1 job opening |
| 40 | ART-PV India Developer of perovskite tandem solar cell technology for clean energy 7Talent top 35%Funding top 45%Tech bottom 38%Global bottom 33% All 6 signals ▾Talenttop 35% Fundingtop 45% Techbottom 38% Globalbottom 33% Marketbottom 9% Fin. healthbottom 9% Talent: 3 named leaders on record Funding: Raised $11.3M across 4 rounds · 4 rounds over 1 yrs (4.0/yr) rank vs industry peers · Fliar Intelligence Index 7/100 | $13K FY2025 | $11M | 9 mo ago | — | — | WordPressMySQLPHP+17 | — | 1 internship |
| 41 | Weaver Provider of affordable housing finance, specializing in low-cost housing solutions 13Funding top 18%Talent top 28%Global bottom 45%Tech bottom 41% All 6 signals ▾Fundingtop 18% Talenttop 28% Globalbottom 45% Techbottom 41% Fin. healthbottom 13% Marketbottom 8% Funding: Raised $326M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 13/100 | $12K FY2025 | $326M | 3 mo ago | — | — | Radix UITailwind CSSshadcn/ui+8 | — | — |
| 42 | Optimist Manufacturer of air conditioning units with energy efficiency and smart features 7Tech top 46%Talent bottom 49%Funding bottom 43%Product bottom 40% All 7 signals ▾Techtop 46% Talentbottom 49% Fundingbottom 43% Productbottom 40% Globalbottom 36% Marketbottom 15% Fin. healthbottom 11% Tech: 25 technologies across 4/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 7/100 | $6K FY2025 | $12M | 4 mo ago | — | — | ShopifyCart FunctionalityTurbopack+22 | — | 1 partnership |
| 43 | OctoLife Developer of sustainable and accessible cooling solutions 11Growth top 35%Talent bottom 49%Funding bottom 47%Global bottom 45% All 7 signals ▾Growthtop 35% Talentbottom 49% Fundingbottom 47% Globalbottom 45% Techbottom 39% Fin. healthbottom 11% Marketbottom 5% Growth: Fresh capital in last 24 mo Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 11/100 | $6K FY2025 | $12M | 5 mo ago | — | — | WebflowVimeocore-js+10 | — | — |
| 44 | Intrinsic Foundries Developer of a proprietary Carbon Biofoundry platform transforming industrial carbon emissions into premium… 7Talent top 28%Funding bottom 43%Tech bottom 42%Global bottom 36% All 6 signals ▾Talenttop 28% Fundingbottom 43% Techbottom 42% Globalbottom 36% Fin. healthbottom 14% Marketbottom 10% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $1.4M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 7/100 | $543 FY2024 | $1M | 3 mo ago | — | — | Radix UITailwind CSSshadcn/ui+7 | — | 5 job openings · 1 launch |
| 45 | GH2 Solar Provider of solar EPC and green hydrogen solutions 37Growth top 30%Tech top 44%News top 45%Talent bottom 49% All 7 signals ▾Growthtop 30% Techtop 44% Newstop 45% Talentbottom 49% Fundingbottom 46% Globalbottom 30% Marketbottom 29% Growth: Fresh capital in last 24 mo Tech: 37 technologies across 3/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 37/100 | — | $6M | 8 mo ago | — | — | WordPressMySQLPHP+28 | 4 signals ▲100% Capital raise | 1 job opening · 1 partnership |
| 46 | Polaris Provider of smart energy metering solutions 60Growth top 22%Tech top 25%Product top 31%Funding top 32% All 9 signals ▾Growthtop 22% Techtop 25% Producttop 31% Fundingtop 32% Moattop 38% Markettop 49% Talentbottom 49% Globalbottom 37% Fin. healthbottom 31% Growth: App-install growth +500% YoY · Fresh capital in last 24 mo Tech: 51 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 60/100 | — | $80M | 2 mo ago | — | — | Apple iCloud MailMicrosoft 365Go+15 | — | — |
| 47 | Lodha Group Developer of thoughtfully designed properties that shape urban lifestyle 55Funding top 26%Product top 28%Talent top 38%Market top 40% All 9 signals ▾Fundingtop 26% Producttop 28% Talenttop 38% Markettop 40% Techtop 41% Fin. healthtop 47% Globalbottom 48% Moatbottom 44% Growthbottom 35% Funding: Raised $2.5B across 9 rounds · 9 rounds over 17 yrs (0.5/yr) Product: 1 published app (45.6k installs) · Company stage: Public rank vs industry peers · Fliar Intelligence Index 55/100 | — | $2.5B | 27 mo ago | — | 3,700 | DrupalPHPSalesforce+21 | — | 2 awards |
| 48 | Enerzolve Provider of engineering solutions for intelligent energy and grid systems 19Funding top 45%Talent bottom 49%Tech bottom 45%Global bottom 45% All 5 signals ▾Fundingtop 45% Talentbottom 49% Techbottom 45% Globalbottom 45% Marketbottom 25% Funding: Raised $5.1M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 19/100 | — | $5M | 4 mo ago | — | — | TurbopackNode.jsGoogle Maps+10 | — | 3 launchs |
| 49 | Prithu Developer of agricultural carbon removal projects using digital monitoring technology 6Talent top 28%Funding bottom 44%Global bottom 36%Market bottom 19% All 6 signals ▾Talenttop 28% Fundingbottom 44% Globalbottom 36% Marketbottom 19% Techbottom 17% Fin. healthbottom 10% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $1.1M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) rank vs industry peers · Fliar Intelligence Index 6/100 | — | $1M | 2 mo ago | — | — | BootstrapLiteSpeedcore-js+9 | — | 4 job openings |
| 50 | Hycosys Developer of hydrogen combustion systems for power generation and electricity backup 9News top 38%Talent top 38%Funding bottom 45%Global bottom 32% All 6 signals ▾Newstop 38% Talenttop 38% Fundingbottom 45% Globalbottom 32% Marketbottom 25% Techbottom 15% News: 3 BI events in 12 mo (of 3 tracked, 1 types) · Top themes: Funding Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 9/100 | — | $1M | 3 mo ago | — | — | Apache HTTP ServerGoogle Font APIFont Awesome+5 | 3 signals Funding | — |
Top 12 Sustainability Tech companies in India
#1
Late Stage · Mumbai, Maharashtra · founded 2025$326Mraised▾
Late Stage · Mumbai, Maharashtra · founded 2025
Provider of affordable housing finance, specializing in low-cost housing solutions.
Fliar Intelligence Index™ 13how this company ranks against its industry peers
Funding
top 18%Talent
top 28%Global
bottom 45%Tech
bottom 41%Fin. health
bottom 13%Market
bottom 8%Funding: Raised $326M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Unattributed (Mar 2026)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Global: Investors from 1 country beyond India
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · hiring: Company Secretary, Senior DevOps Engineer
Funding rounds
- Mar 2026Unattributed$156M
- Aug 2025Unattributed$170M
Founders & team
Investors
Lightspeed Venture Partners, Premji Invest, Gaja Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesGoogle WorkspaceHttp/3Open Graph
#2
Series F · Bhubaneswar, Odisha · founded 2009 · 11346 employees$248.4Mraised▾
Series F · Bhubaneswar, Odisha · founded 2009 · 11346 employees
Provider of microfinance services for economic empowerment. It offers a diverse range of financial products include Just in Time, Group, MSME Business, Housing, Samarth, Home Improvement & Agricultural Loans and Safe Water & Sanitation to Households.
Fliar Intelligence Index™ 80how this company ranks against its industry peers
Funding
top 13%Product
top 18%Innovation
top 20%Moat
top 21%News
top 22%Market
top 24%Funding: Raised $248M across 18 rounds · 18 rounds over 14 yrs (1.3/yr) · Last round Conventional Debt (Feb 2026)
Product: 10 distinct product lines · Company stage: Series F
Innovation: 10 product lines
Audience (LinkedIn): 50k LinkedIn followers — 3.6% of this cohort's audience
Funding rounds
- Feb 2026Conventional Debt$100M
- Dec 2024Conventional Debt$109.5M
- Jan 2024Series F$71.8M
- Jun 2022Series E$15M
Founders & team
Investors
SIDBI, SIDBI Venture Capital, BIO Invest, Incofin Investment Management, DEG, Bamboo Capital Partners
Tech stack
A3 Lazy LoadAmazon Web ServicesAosApache Http ServerContact Form 7Google Analytics
#3
Series C · Gurugram, Haryana · founded 2022$54.6Mraised▾
Series C · Gurugram, Haryana · founded 2022
Provider of SME loans for solar projects. Company collaborates with real estate developers to finance and oversee the development of community-scale, ground-mounted solar arrays that generate clean power.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 17%Funding
top 34%Tech
top 40%Talent
bottom 49%Moat
bottom 44%Fin. health
bottom 40%Growth: Revenue +902% YoY · Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Funding: Raised $54.6M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) · Last round Series C (May 2026)
Tech: 30 technologies across 5/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- May 2026Series C$28.9M
- Feb 2026Series B$13.7M
- May 2025Series A$11.7M
- Mar 2023Seed$213K
Founders & team
Investors
Waaree Sustainable Finance, PointOne Capital, QED Innovation Labs, LetsVenture, Arham Investment, Navkar Ventures
Tech stack
Animate.CssBootstrapCdnjsChart.JsCloudflareEmotion
#4
Series C · Noida, Uttar Pradesh · founded 2018 · 725 employees$35.7Mraised▾
Series C · Noida, Uttar Pradesh · founded 2018 · 725 employees
Provider of micro-credit solutions for low-income individuals and businesses. It offers microfinance loans and insurance services, aiming to meet the financial and non-financial needs of these communities. The company plans to expand its offerings to include micro-enterprise loans and other services through third-party arrangements. Its focus is on financial inclusion, supporting entrepreneurs with the necessary capital and resources for growth and prosperity.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Growth
top 25%Funding
top 29%Moat
top 30%Market
top 35%Talent
top 38%Fin. health
top 42%Growth: Revenue +72% YoY · Fresh capital in last 24 mo
Funding: Raised $35.7M across 8 rounds · 8 rounds over 8 yrs (1.0/yr) · Last round Series C (May 2026)
Moat: Top 20% by revenue among 128 tracked Microfinance companies · Editorial + unicorn rating 7/10 · 10 curated direct competitors tracked
Audience (LinkedIn): 11k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum -2 · hiring: HR &Training- Assistant Manager / Manager, Assistant Manager / Manager
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- May 2026Series C$5M
- Mar 2024Series C$14.5M
- Mar 2023Series B$3.9M
- Mar 2021Series B$2.7M
Founders & team
Investors
Carpediem Capital, Norfund, Abler Nordic, Nordic Microfinance Initiative, GAWA Capital, Oikocredit
Tech stack
GodaddyGoogle Font ApiHttp/3JquerySucuri
#5
Acquired · Jaipur, Rajasthan · founded 2012$80Mraised▾
Acquired · Jaipur, Rajasthan · founded 2012
Provider of smart energy metering solutions. It uses metering technology solution for efficient energy consumption. It also provides grid management solutions. It offer a customizable end-to-end smart metering system that gives users complete control over power management.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Growth
top 22%Tech
top 25%Product
top 31%Funding
top 32%Moat
top 38%Market
top 49%Growth: App-install growth +500% YoY · Fresh capital in last 24 mo
Tech: 51 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Devops: Nginx
Product: 6 published apps (797k installs) · Company stage: Acquired
Funding rounds
- Apr 2026Conventional Debt$80M
Founders & team
Investors
British International Investment
Tech stack
AceAmazon S3Amazon Web ServicesAngularAnt DesignApple Icloud Mail
#6
Series B · Delhi, Delhi · founded 2011 · 379 employees$16.6Mraised▾
Series B · Delhi, Delhi · founded 2011 · 379 employees
Provider of advanced metering infrastructure, smart grid automation, and energy management solutions. The company designs and delivers solutions for energy distribution, including smart meters, head-end systems, gateway network interface cards, power harmonics analyzers, submetering solutions, and consumer mobile applications. It offers solutions such as RF mesh technology, AI-enabled meter readers, workforce management applications, and non-intrusive load monitoring. The company also provides remote terminal units and energy management systems.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Growth
top 16%Moat
top 22%Fin. health
top 24%Talent
top 28%Funding
top 33%Market
top 40%Growth: Headcount 129 → 379 (+194%) across vintages · Revenue +335% YoY · Fresh capital in last 24 mo
Moat: Top 2% by revenue among 64 tracked Smart Grid companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Fin. health: Revenue ~$114M (FY2024) · Net margin 1.7% · Revenue +335% YoY
Audience (LinkedIn): 29k LinkedIn followers — 2.1% of this cohort's audience
Funding rounds
- Apr 2026Series B$22M
- Sep 2025Angel$4.6M
- Aug 2024Series A$16.2M
- Feb 2024Series A$5.4M
Founders & team
Investors
Niveshaay, Mittal Analytics, Vastupal Management, Tatvam Trade, Tradelink Exim India, Shreeramcolloids
Tech stack
CdnjsCloudflareCore-JsFacebook PixelFlaskGoogle Analytics
#7
Series C · Chennai, Tamil Nadu · founded 2010 · 2071 employees$24.3Mraised▾
Series C · Chennai, Tamil Nadu · founded 2010 · 2071 employees
Microfinance Institution catering to the urban poor. It is expanding its products to provide MSME loans, savings, and insurance products in the areas that it services directly or as an agent to banks and insurance companies.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Funding
top 29%Moat
top 29%Product
top 32%Tech
top 33%Market
top 35%Innovation
top 36%Funding: Raised $24.3M across 11 rounds · 11 rounds over 16 yrs (0.7/yr) · Last round Series C (Mar 2026)
Moat: Top 17% by revenue among 128 tracked Microfinance companies · Editorial + unicorn rating 7/10 · 10 curated direct competitors tracked
Product: 10 distinct product lines · 1 published app (13.4k installs) · Company stage: Series C
Audience (LinkedIn): 12k LinkedIn followers
Funding rounds
- Mar 2026Series C$5.1M
- Mar 2026Conventional Debt—
- Mar 2023Series B$4.8M
- Mar 2023Conventional Debt$5M
Founders & team
Investors
Malhar V Shah Family Trust, Tanaaya Shah Family Trust, Nikhil Sah Family Trust, Rising Sun Holdings, Andaman Finance AND Investment, Abler Nordic
Tech stack
Amazon Web ServicesAnimate.CssApache Http ServerBootstrapCloudflareCloudflare Bot Management
#8
Series B · Bengaluru, Karnataka · founded 2012 · 640 employees$20Mraised▾
Series B · Bengaluru, Karnataka · founded 2012 · 640 employees
Provider of biogas engineering and clean fuels technology solutions. It offers bespoke technology solutions for bio-process design and optimization, and biofuel engineering for various projects. The company executes end-to-end bioenergy project execution, encompassing design, engineering, project management, and procurement. It also develops industrial-scale decarbonization projects focused on biogas, bioCNG, ethanol, and green hydrogen. Additionally, it provides cost-efficient, high-performing technology products for upgrading existing biofuel systems.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 24%Moat
top 27%Funding
top 33%Fin. health
top 33%Tech
top 34%Talent
top 35%Growth: Headcount 291 → 640 (+120%) across vintages · Fresh capital in last 24 mo
Moat: Top 1% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 7/10 · IP moat: 2 patents
Funding: Raised $20.0M across 5 rounds · 5 rounds over 12 yrs (0.4/yr) · Last round Conventional Debt (Mar 2026)
Audience (LinkedIn): 40k LinkedIn followers — 2.9% of this cohort's audience
Funding rounds
- Mar 2026Conventional Debt—
- Apr 2024Conventional Debt$50M
- Sep 2023Series B$5.4M
- Mar 2022Series B$10.5M
Founders & team
Investors
Punjab National Bank, HDFC Bank, Yes Bank, Kotak Mahindra Bank, ICICI Bank, Citi
Tech stack
Alpine.JsAnimate.CssApache Http ServerAstraBackbone.JsChoices
#9
Public · Ernakulam, Kerala · founded 2010 · 15695 employees$138.2Mraised▾
Public · Ernakulam, Kerala · founded 2010 · 15695 employees
Provider of microfinance financial support and loans to low-income earning women entrepreneurs. It provides users with a platform that offers a wide variety of loans apart from traditional income generating loans, like sanitation loans, water purifier loans, education loans, mobile phone loans, and sewing machine loans, and more.
Fliar Intelligence Index™ 87how this company ranks against its industry peers
Market
top 23%Funding
top 23%Fin. health
top 23%Tech
top 24%Moat
top 24%Product
top 28%Market: 15,695 employees (top 1% of Sustainability Tech) · Revenue ~$276M · ~5% of tracked Microfinance revenue (128 cos, FY2025)
Funding: Raised $138M across 7 rounds · 7 rounds over 10 yrs (0.7/yr) · Last round Post IPO (Sep 2025)
Fin. health: Revenue ~$276M (FY2022) · Net margin 3.3% · Revenue +58% YoY
Audience (LinkedIn): 93k LinkedIn followers — 6.7% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Sep 2025Post IPO—
- Oct 2022Conventional Debt$15M
- Sep 2022Series B$10M
- Dec 2021Series B$50M
Founders & team
Investors
Creation Investments, Muthoot Fincorp, Greater Pacific Capital, responsAbility, Yubi, Credavenue Securities
Tech stack
Amazon AlbAmazon ElbAmazon Web ServicesAngularAngularjsApache Http Server
#10
Series B · Mumbai, Maharashtra · founded 2022 · 208 employees$10.8Mraised▾
Series B · Mumbai, Maharashtra · founded 2022 · 208 employees
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.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 16%News
top 19%Moat
top 26%Funding
top 30%Talent
top 38%Market
top 39%Growth: Headcount 119 → 208 (+75%) across vintages · Revenue +206% YoY · Web rank 5,000,000 → 1,000,000 YoY
News: 6 BI events in 12 mo (of 17 tracked, 5 types) · +200% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Moat: Top 11% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 20k LinkedIn followers
Funding rounds
- May 2026Conventional Debt$15M
- Mar 2026Series B$54.7M
- Mar 2025Conventional Debt$12.5M
- Jan 2024Series B$10.8M
Founders & team
Investors
FMO, Impact Fund Denmark, British International Investment, Finnfund, EverSource Capital, Mirova
Tech stack
AddtoanyAmazon SesAmazon Web ServicesAosApache Http ServerBootstrap
#11
Series B · Noida, Uttar Pradesh · founded 2018 · 317 employees$62.5Mraised▾
Series B · Noida, Uttar Pradesh · founded 2018 · 317 employees
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining. The company provides single-point lithium-ion battery recycling and reuse solutions. It recovers and recirculates critical battery raw materials, lowering battery costs and reducing reliance on mining. The company offers battery lifecycle management solutions, including recycling used batteries, determining residual value, and facilitating Extended Producer Responsibility (EPR) partnerships. It produces energy storage applications, batteries for low power e-mobility, and high-purity battery raw materials. The company addresses challenges related to battery metal depletion, rising battery waste, geo-disparity of raw materials, reverse logistics, and transparency in refining and recycling.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Moat
top 20%Funding
top 27%Talent
top 28%Partners
top 32%Growth
top 34%Tech
top 36%Moat: Top 1% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $62.5M across 13 rounds · 13 rounds over 8 yrs (1.6/yr) · Last round Series B (Oct 2025)
Talent: 4 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 28k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Oct 2025Series B$11.3M
- Jan 2025Series B$1.3M
- Dec 2024Series B$200.8K
- Oct 2024Series B$12.5M
Founders & team
Investors
Stride Ventures, Baring Private Equity Partners, Vyoman India, Cactus Venture Partners, Ventureast, Duo Design
Tech stack
Animate.CssApache Http ServerBootstrap IconsCdnjsCloudflareElementor
#12
Series B · Gurugram, Haryana · founded 2022 · 76 employees$12.7Mraised▾
Series B · Gurugram, Haryana · founded 2022 · 76 employees
Provider of saas based carbon removal and sustainable agriculture solutions. It leverages regenerative agriculture,agroforestry and biochar projects to generate high quality carbon credits and improve soil health. Its technology driven platform empowers farmers to reduce emissions,boost productivity and earn additional income through climate smart practices.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Growth
top 15%Talent
top 23%News
top 24%Moat
top 24%Funding
top 32%Product
top 34%Growth: Headcount 33 → 76 (+130%) across vintages · Revenue +792% YoY · Fresh capital in last 24 mo
Talent: 5 named leaders on record · 3 C-suite/founder profiles curated
News: 19 BI events in 12 mo (of 37 tracked, 7 types) · +111% YoY · 15 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 35k LinkedIn followers — 2.5% of this cohort's audience · 207 engagements/post (6.5× cohort median)
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Feb 2026Series B$2.2M
- Dec 2025Series B$20M
- Nov 2025Grant (prize money)$30M
- Jan 2024Series A$8.7M
Founders & team
Investors
Orios Venture Partners, Omnivore, RTP Global, Better Capital, Prodapt, Theia Ventures
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAosAws Certificate ManagerCloudflare
Funding & investor landscape
$14.2Btotal disclosed funding
500companies funded
1,524disclosed rounds
14rounds last 90 days
Most active investors
Villgro22 rounds
Notable founders
Kamal Rathi
Co-Founder & CTPO · Weaver
Anil Kothuri
Co-Founder · Weaver
Gobinda Pattanaik
Founder & Managing Director · Annapurna Finance
Gautam Kaushik
Co-Founder · Solfin
Abhisheka Kumar
Co-Founder & Managing Director · Sindhuja Microcredit
Malkit Didyala
Co-Founder & CEO · Sindhuja Microcredit
Yashraj Khaitan
Founder · Polaris
Nikunj Gupta
Co-Founder · Kimbal
Ayush Sinhal
Co-Founder & CEO · Kimbal
Arunkumar Padmanabhan
Co-Founder & CEO · Svasti
Praveen Sukumaran
Co-Founder & Head New Product Development · GPS Renewables
Mainak Chakraborty
Co-Founder & CEO · GPS Renewables
Prism market signals · India · country-scoped Prism corpus, 604,330 docs
Market landscape — 10 sub-themes by coverage
Share of Sustainability Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Climate Adaptation is moving in India
A read on the academic research around Climate Adaptation — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 835 India-affiliated papers.
research sentiment over time
201520222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 15% → 29% across 2015–2026.
top research entities
- Amicable Knowledge Solution University44
- Lovely Professional University18
- Christ University16
- Indian Institute of Technology Bombay15
- Indian Institute of Technology Roorkee15
leading researchers
Subhankar Karmakar · Mohit Prakash Mohanty · Tiwari, Mahendra Kumar · Waoo, Ashwini A. · Dwivedi, Priya · Koshe, Paras · Udit Bhatia · Chand, Dr. Jagdish
▲
Breakthroughs98 · 12%
▲ 0%→12% share
0 median citations96% since 2021mostly reviews
Climate resilience research is surging — papers rose from 1 to 7, with Resilience (materials science) newly emerging at 52 papers.
rising sub-themes (early→recent)
- Climate resilience1→7
Newly emergingResilience (materials science) 0→52 · Agriculture 0→50 · Sustainability 0→47
Landmark GIS-Based Urban Flood Risk Assessment and Management—A Case Study of Delhi National Capital Territory (NCT), India · 88 cites
◆
Advancements264 · 32%
▼ 50%→32% share
▼0.6× share momentum0 median citations90% since 2021mostly empirical
Climate change advancement papers intensified sharply — rising from 3 to 114 across Indian institutions.
rising sub-themes (early→recent)
- Climate change3→114
- Flood myth6→75
- Agriculture4→57
- Psychological resilience2→31
- Flooding (psychology)1→26
Newly emergingResilience (materials science) 0→60 · Sustainability 0→43 · Climate resilience 0→41
Landmark Bivariate flood frequency analysis. Part 2: a copula‐based approach with mixed marginal distributions · 175 cites
▼
Concerns364 · 44%
▲ 25%→44% share
▲1.8× share momentum0 median citations91% since 2021mostly empirical
Climate change concern papers surged from 6 to 241, dominating a segment that grew from 25% to 44% field-share.
rising sub-themes (early→recent)
- Climate change6→241
- Agriculture3→101
- Resilience (materials science)1→89
- Climate resilience2→69
- Psychological resilience3→59
Newly emergingSustainability 0→47 · Food security 0→46 · Corporate governance 0→22
Landmark Climate change risk: an adaptation and mitigation agenda for Indian cities · 366 cites
RESEARCH HOTSPOTS · India
Where climate adaptation 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.
Delhi-NCR43 · +0.24
Mumbai20 · +0.38
Pune18 · -0.02
Chennai15 · +0.17
Roorkee15 · +0.22
Bengaluru11 · +0.12
Ahmedabad10 · +0.37
Hyderabad8 · +0.23
Kolkata8 · +0.04
Varanasi8 · +0.06
Common questions
How many Sustainability Tech companies are there in India?
Radar tracks 2149 indexable Sustainability Tech companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Sustainability Tech companies in India?
The Sustainability Tech companies in India on this list have raised a combined $14.2B in disclosed equity funding across 500 funded companies.
Which is the highest-funded Sustainability Tech company in India?
Deewan Housing Finance Corporation is the highest-funded Sustainability Tech company in India, with $4.1B in disclosed equity funding.
How many Sustainability Tech companies in India are funded?
500 of the 2149 Sustainability Tech companies in India on this list have disclosed at least one equity funding round.
How many Sustainability Tech unicorns are there in India?
1 Sustainability Tech company in India on this list is valued at $1B or more.
Who are the top investors in India Sustainability Tech companies?
The most active investors in India Sustainability Tech companies on this list include BIRAC, C-CAMP, Social Alpha, IIMA Ventures, Rainmatter.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.