Radar · Sustainability Tech in Mumbai
Best Sustainability Tech Companies in Mumbai, India
The 217 best Sustainability Tech companies in Mumbai, 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
217companies tracked
$8.1Bdisclosed funding
0unicorns
58have raised
FLIAR INTELLIGENCE · SUSTAINABILITY TECH × MUMBAI
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™
1.5Mcombined LinkedIn audience
67%of audience held by top 3
8companies hiring publicly (12 mo)
Ranked: Best Sustainability Tech companies in Mumbai
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Employees | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Svatantra Microfinance Provider of microcredit services | $379M FY2025 | $233M | 30 mo ago | +44% | 10,822 | Ananya Birla Founder & Director | — |
| 2 | Aadhar Housing Finance Loans for affordable housing in tier 2,3 and 4 cities | $313M FY2024 | $608M | 49 mo ago | +27% | 4,095 4,095 → 5,796 (+42%) · sector median +45% | Kapil Wadhawan Co-Founder | 5 job openings |
| 3 | Mahindra home finance Provider of affordable housing loans | $142M FY2025 | $25M | 94 mo ago | -8% | 6,552 6,552 → 3,957 (-40%) · sector median +45% | — | 1 expansion |
| 4 | Concord Enviro Provider of industrial wastewater treatment services | $71M FY2025 | $21M | 130 mo ago | +17% | 10 | Prayas Goel Managing Director & Chairman | — |
| 5 | Arihant Superstructures Developer of residential and commercial real estate properties | $60M FY2025 | $8M | 96 mo ago | -2% | 22 | — | — |
| 6 | Transcon Developer of residential and commercial properties with a focus on conscious luxury | $51M FY2025 | $42M | 62 mo ago | -45% | 17 | Kirti Kedia Founder | — |
| 7 | 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% | — | Madhur Taneja CEO | 1 partnership |
| 8 | 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 | Anand Jain Co-Founder & CEO | — |
| 9 | Lucro Provider of post-consumer plastic waste collection, recycling, and product manufacturing 55Moat top 25%Fin. health top 36%Market top 39%Growth top 43% All 10 signals ▾Moattop 25% Fin. healthtop 36% Markettop 39% Growthtop 43% Talenttop 45% Fundingtop 48% Partnersbottom 43% Techbottom 37% Globalbottom 37% Newsbottom 20% Moat: Top 7% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 7/10 Fin. health: Revenue ~$24.1M (FY2021) · Net margin 3.7% rank vs industry peers · Fliar Intelligence Index 55/100 | $24M FY2025 | $10M | 14 mo ago | — | 78 78 → 73 (-6%) · sector median +45% | Ujwal Desai Co-Founder & MD | 2 awards |
| 10 | Dalmia Polypro Industries Provider of recycled plastic flakes and granules from post-consumer waste. | $20M FY2025 | $9M | 18 mo ago | +13% | 200 | — | 2 job openings |
| 11 | Aavishkaar Group Provider of financial services | $16M FY2025 | $57M | 87 mo ago | +5% | — | Vineet Rai Founder | — |
| 12 | Biofuels Junction Producer and supplier of fossil and biofuels | $14M FY2025 | $2M | 34 mo ago | +42% | 54 | — | — |
| 13 | 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 +45% | Rajashree Nambiar Co-founder | — |
| 14 | Pregna Manufacturers of hormonal contraceptive and intrauterine devices | $9M FY2025 | $16M | 36 mo ago | +36% | 98 98 → 142 (+45%) · sector median +45% | Jaiprakash Taparia Co-Founder | — |
| 15 | Solar Ladder Provider of software for solar project management and supply procurement | $8M FY2025 | $1M | 37 mo ago | +70% | 26 26 → 28 (+8%) · sector median +45% | Manan Mehta Co-Founder | 4 launchs |
| 16 | ReCircle Provider of waste management and recycling solutions for businesses and individuals | $4M FY2025 | $692K | 24 mo ago | — | 92 92 → 60 (-35%) · sector median +45% | Gurashish Sahni Co Founder | — |
| 17 | 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% | — | Gaurav Dolwani Founder & CEO | 1 job opening |
| 18 | Recity Provider of plastic waste management and circular economy solutions 35Talent top 28%Moat top 37%Tech top 47%Fin. health bottom 47% All 8 signals ▾Talenttop 28% Moattop 37% Techtop 47% Fin. healthbottom 47% Marketbottom 46% Growthbottom 39% Globalbottom 37% Fundingbottom 32% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Moat: Top 24% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 2/10 rank vs industry peers · Fliar Intelligence Index 35/100 | $3M FY2025 | $315K | 24 mo ago | +15% | 46 | Meha Lahiri Co-Founder & COO & CFO | 1 partnership |
| 19 | Corvi Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing… | $3M FY2025 | $19M | 23 mo ago | +95% | 43 | Bhakti Soni Co-Founder | — |
| 20 | Promethean Energy Provider of industrial thermal waste heat recovery and energy solutions | $2M FY2025 | $488K | 13 mo ago | +14% | 24 | Ashwin P Co-Founder & CEO | — |
| 21 | INDRA Manufacturer of decentralized wastewater treatment systems using electrochemical technology | $1M FY2025 | $4M | 40 mo ago | +20% | 49 49 → 92 (+88%) · sector median +45% | Krunal Patel Co-Founder & COO | — |
| 22 | Faclon Labs Provider of industrial data and AI platform for decision intelligence 53Moat top 30%Innovation top 34%Talent top 38%Tech top 39% All 11 signals ▾Moattop 30% Innovationtop 34% Talenttop 38% Techtop 39% Producttop 40% Fundingtop 45% AItop 45% Growthtop 49% Marketbottom 46% Globalbottom 39% Fin. healthbottom 24% Moat: Top 31% by revenue among 167 tracked Water and Wastewater Management Tech companies · Editorial + unicorn rating 7/10 Innovation: 5 product lines rank vs industry peers · Fliar Intelligence Index 53/100 | $1M FY2025 | $3M | 22 mo ago | -17% | 118 | Rishi Sharma Co-Founder & CEO | — |
| 23 | Artha Energy Resources Platform for mapping renewable energy generation assets 48Talent top 28%Innovation top 34%Growth top 36%Product top 36% All 10 signals ▾Talenttop 28% Innovationtop 34% Growthtop 36% Producttop 36% Moattop 37% Fundingbottom 49% Techbottom 41% Marketbottom 40% Fin. healthbottom 40% Globalbottom 32% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Innovation: 5 product lines rank vs industry peers · Fliar Intelligence Index 48/100 | $887K FY2025 | $11M | 25 mo ago | +48% | 42 | Animesh Damani Founder & CEO | — |
| 24 | Bepure Online platform offering a range of water purifiers | $845K FY2025 | $160K | 31 mo ago | +29% | — | Sneha Patil Co-Founder | — |
| 25 | HaystackAnalytics Provider of genomics technology for personalized clinical decisions 60Growth top 17%Talent top 28%Moat top 38%Funding top 47% All 10 signals ▾Growthtop 17% Talenttop 28% Moattop 38% Fundingtop 47% Markettop 48% Techtop 49% Innovationbottom 47% Patentsbottom 47% Fin. healthbottom 45% Globalbottom 39% Growth: Revenue +177% YoY · Web rank 10,000,000 → 5,000,000 YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 60/100 | $838K FY2025 | $1M | 9 mo ago | +177% | 151 151 → 266 (+76%) · sector median +45% | Kiran Kondabagil Co-Founder | 1 award |
| 26 | Praan Provider of air purification systems for homes, commercial, and industrial spaces | $513K FY2025 | $2M | 24 mo ago | +146% | 34 | Angad Daryani CEO | — |
| 27 | Digital Gorkha Cloud based visitor management system for housing societies | $448K FY2018 | $165K | 94 mo ago | +207% | 13 | Bhagwan Gangaram Kshirsagar Co-Founder | — |
| 28 | Exposome Provider of materials chemistry solutions for industrial air and water treatment | $331K FY2025 | $1M | 8 mo ago | +121% | 14 14 → 30 (+114%) · sector median +45% | Prerna Goradia Co-Founder & CEO | 1 launch |
| 29 | M Power Micro Finance Microcredit and micro-insurance for SMEs | $207K FY2024 | $2M | 98 mo ago | +86% | 466 | Km Vishwanathan Co Founder | — |
| 30 | DesiHangover Manufacturer of handcrafted leather-soled sandals supporting artisan communities | $200K FY2025 | $182K | 53 mo ago | -38% | — | Hitesh Kenjale Co-Founder | — |
| 31 | SustLabs Provider of IoT-based energy consumption monitoring solutions 29Growth top 24%Talent top 38%Funding bottom 49%Tech bottom 43% All 8 signals ▾Growthtop 24% Talenttop 38% Fundingbottom 49% Techbottom 43% Moatbottom 42% Globalbottom 37% Fin. healthbottom 35% Marketbottom 14% Growth: Revenue +76% YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 29/100 | $157K FY2025 | $522K | 14 mo ago | +76% | 7 | Soumya Bhattacharya Co-Founder & CTO | — |
| 32 | Living Things AI and IoT technology provide energy intelligence solutions for enterprises | $124K FY2025 | $1M | 39 mo ago | +403% | 40 40 → 64 (+60%) · sector median +45% | Tushar Jagadale Co-Founder & Head of Data Science | — |
| 33 | Two Point O Capital Provider of financing solutions for energy transition projects and businesses | $121K FY2025 | $6M | 20 mo ago | — | — | Archit Mehrotra Co-Founder | — |
| 34 | Ossus Provider of green hydrogen production technology using industrial wastewater and bioelectrochemical systems | $119K FY2025 | $2M | 20 mo ago | -32% | 31 31 → 45 (+45%) · sector median +45% | Shanta Rao Co-Founder | 3 job openings · 1 internship |
| 35 | Eugenie.ai Provider of AI-driven emissions intelligence for industrial sustainability and operational efficiency | $93K FY2025 | $50K | 40 mo ago | -89% | 3,865 | Soudip Roy Chowdhury Founder | — |
| 36 | Albatross Energetics Provider of a thermal engineering and technology company that designs and manufactures air-handling units | $44K FY2025 | $155K | 26 mo ago | -8% | — | Sudarsan S Co-Founder & CEO | — |
| 37 | WeatherCast Solutions Provider of a provider of intelligent weather and microclimate forecasting solutions that blend meteorology… | $31K FY2025 | $53K | 22 mo ago | +256% | — | Sridhar Balasubramanian Co-Founder | 1 job opening |
| 38 | Myplan8 Developer of software for carbon footprint reduction and employee engagement | $30K FY2025 | $61K | 36 mo ago | +20% | 3 | Koushik Sur Co-Founder | — |
| 39 | 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 | — | — | Nitika S Co-Founder | 1 internship |
| 40 | 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 | — | — | Kamal Rathi Co-Founder & CTPO | — |
| 41 | Niyara Capital Provider of financial services including micro, small, and medium enterprise loans and invoice financing | $10K FY2025 | $169K | — | +858% | — | Raghavendra Prabhu Founder & CEO | — |
| 42 | Earth5R SaaS-based sustainability management platform | $9K FY2025 | $300K | 48 mo ago | — | — | Saurabh Gupta Founder & CEO | — |
| 43 | Urjas Provider of devices that converts agro and plastic waste into energy | $7K FY2018 | $100K | 135 mo ago | -81% | 1 | Ashwin Shejwalkar Co Founder | — |
| 44 | Biizlo App-based visitor management system for apartments and commercial facilities | — | $500K | 91 mo ago | — | — | Akhilesh Tripathi Co-Founder & Chief Sales Officer | — |
| 45 | 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 | Mangal Lodha Founder | 2 awards |
| 46 | Deewan Housing Finance Corporation Provider of diversified financial services | — | $4.1B | 88 mo ago | — | 5,953 | Santosh Sharma CEO | — |
| 47 | Two Point O Capital Financial organization focused on providing financing solutions for clean energy projects | — | $6M | 20 mo ago | — | — | Manya Ranjan Co-Founder | — |
| 48 | New Era Cleantech Provider of clean coal gasification technology solution | — | $2M | 42 mo ago | — | — | Gopi Latpate Co-Founder | — |
| 49 | gytree.com Gytree.com makes use of technology to offer women a smart dashboard, professionals and individualized… 60Innovation top 17%Tech top 25%Product top 43%Growth top 45% All 7 signals ▾Innovationtop 17% Techtop 25% Producttop 43% Growthtop 45% Marketbottom 34% Fundingbottom 32% Globalbottom 30% Innovation: 5 product lines Tech: 50 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 60/100 | — | $641K | 41 mo ago | — | — | — | — |
Top 12 Sustainability Tech companies in Mumbai
#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 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
#3
Series A · Mumbai, Maharashtra · founded 2018 · 59 employees$8.2Mraised▾
Series A · Mumbai, Maharashtra · founded 2018 · 59 employees
Solar financing, equipment procurement, and performance monitoring solutions. It offers loan options for residential, commercial, and industrial solar projects. It provides a marketplace for solar equipment and supply chain financing. It also offers a monitoring platform for solar asset management and design support services. The platform allows stakeholders to procure solar equipment at competitive prices, streamlining the procurement process for EPCs and end-users.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Fin. health
top 23%Growth
top 27%Moat
top 27%Funding
top 32%Tech
top 33%Talent
top 38%Fin. health: Revenue ~$33.1M (FY2024) · Net margin 9.6% · Revenue +58% YoY
Growth: Headcount 44 → 59 (+34%) across vintages · Revenue +58% YoY · 1 acquisition/expansion move in 24 mo
Moat: Top 3% by revenue among 132 tracked Renewable Energy Tech companies · Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 31k LinkedIn followers — 2.1% of this cohort's audience
Funding rounds
- Jan 2026Series A$15M
- Apr 2025Conventional Debt—
- Nov 2024Series A$11.8M
- Mar 2024Seed$1.2M
Founders & team
Investors
Blume Venture, Anchorage Capital Partners, Agami Ventures, Avaana Capital Advisors, Firstport Capital, Riverwalk Holdings
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerCdnjsCloudflare
#4
Funding Raised · Mumbai, Maharashtra · founded 2021$2.6Mraised▾
Funding Raised · Mumbai, Maharashtra · founded 2021
LICO is a lithium-ion battery recycling company based in India. They focus on recycling end-of-life lithium-ion batteries and contribute to the sustainability of the battery supply chain ecosystem.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Product
top 50%Growth
bottom 49%Talent
bottom 49%Market
bottom 46%Innovation
bottom 45%Global
bottom 45%Product: 0 product launch events in 12 mo, 1 the year before · 12 distinct product lines · Company stage: Grant (prize money)
Growth: Revenue +5% YoY · Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 9k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Sourcing Manager
Funding rounds
- May 2026Grant (prize money)$2.6M
Founders & team
Investors
Mines
Tech stack
Apache Http ServerContact Form 7Core-JsElementorGoogle AnalyticsGoogle Font Api
#5
Public · Mumbai, Maharashtra · founded 1980 · 3700 employees$2.5Braised▾
Public · Mumbai, Maharashtra · founded 1980 · 3700 employees
Developer of thoughtfully designed properties that shape urban lifestyle. The group develops premium residential, commercial, and integrated township projects, catering to a wide range of customer segments. Its portfolio includes luxury residences, affordable housing, office spaces, and landmark developments.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 26%Product
top 28%Talent
top 38%Market
top 40%Tech
top 41%Fin. health
top 47%Funding: Raised $2.5B across 9 rounds · 9 rounds over 17 yrs (0.5/yr) · Last round Post IPO (Mar 2024)
Product: 1 published app (45.6k installs) · Company stage: Public
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 462k LinkedIn followers — 31.3% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Mar 2024Post IPO$398.3M
- Dec 2022Post IPO$430.8M
- Nov 2021Post IPO$537.6M
- Mar 2020Conventional Debt$200M
Founders & team
Investors
J P Morgan, UBS, CLSA, Piramal Group, New World Fund, Kuwait Investment Authority
Tech stack
AosCloudflareCore-JsDrupalFacebook PixelFancybox
#6
Seed · Mumbai, Maharashtra · founded 2024$11.3Mraised▾
Seed · Mumbai, Maharashtra · founded 2024
Developer of perovskite tandem solar cell technology for clean energy. The company focuses on creating stable and scalable perovskite tandems. It aims to make clean energy a standard for a sustainable world. The company utilizes advanced simulation tools for research and development in tandem cell technology.
Fliar Intelligence Index™ 7how this company ranks against its industry peers
Talent
top 35%Funding
top 45%Tech
bottom 38%Global
bottom 33%Market
bottom 9%Fin. health
bottom 9%Talent: 3 named leaders on record
Funding: Raised $11.3M across 4 rounds · 4 rounds over 1 yrs (4.0/yr) · Last round Seed (Aug 2025)
Tech: 20 technologies across 2/8 capability areas · Cloud: Cloudflare · Security: Http/3, Recaptcha
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
- Aug 2025Seed$1.1M
- Jul 2025Seed$145.7K
- Mar 2025Angel$42.3K
- Feb 2025Grant (prize money)$10M
Founders & team
Investors
Mnre, SINE, Aarem Ventures
Tech stack
CloudflareCloudflare Browser InsightsContact Form 7Core-JsGoogle Font ApiGsap
#7
Series A · Mumbai, Maharashtra · founded 2021$32Mraised▾
Series A · Mumbai, Maharashtra · founded 2021
Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines. It offers clean freight transportation services,decarbonizing heavy trucking logistics for corporate clients. They provide access to natural gas to off grid locations enabling esg compliance. Its solutions aim to reduce emissions from road logistics and improve esg performance for industries.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Growth
top 23%Moat
top 32%Innovation
top 34%Product
top 37%Market
top 41%Fin. health
top 43%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 · Soonicorn
Innovation: 8 product lines
Audience (LinkedIn): 17k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Tata Steel) announced in 12 mo
Funding rounds
- Mar 2025Series A$20M
- Jan 2024Seed$12M
Founders & team
Investors
Golden Merchandisers, CITOC, Nk Enterprises Holding, Exponentia Ventures, Swift Lifter
Tech stack
Apache Http ServerBootstrapBunnyBunny FontsContact Form 7Elementor
#8
Series B · Mumbai, Maharashtra · founded 2012 · 78 employees$9.6Mraised▾
Series B · Mumbai, Maharashtra · founded 2012 · 78 employees
Provider of post-consumer plastic waste collection, recycling, and product manufacturing. The company transforms discarded plastic into valuable recycled granules and various finished goods. These products include automotive covers, flexible packaging solutions, and retail packaging options. The company focuses on upcycling waste into sustainable materials for businesses.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Moat
top 25%Fin. health
top 36%Market
top 39%Growth
top 43%Talent
top 45%Funding
top 48%Moat: Top 7% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Fin. health: Revenue ~$24.1M (FY2021) · Net margin 3.7% · Revenue 2.5x total funding
Market: 78 employees (top 28% of Environment Tech) · Revenue ~$24.1M · ~2% of tracked Solid Waste Management Tech revenue (174 cos, FY2025)
Audience (LinkedIn): 13k LinkedIn followers
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Mar 2025Series B$11.7M
- Feb 2023Series A$4.9M
- Jun 2022Series A$4.8M
- Mar 2020Series A$4.8M
Founders & team
Investors
Circulate Capital, HUL
Tech stack
AosBootstrapBootstrap IconsCdnjsCloudflareFancybox
#9
Seed · Mumbai, Maharashtra · founded 2020 · 14 employees$1.2Mraised▾
Seed · Mumbai, Maharashtra · founded 2020 · 14 employees
Provider of materials chemistry solutions for industrial air and water treatment. The company offers products for air treatment, water treatment, and energy solutions across multiple industries. These industries include electronics, pharmaceuticals, oil and gas, public utilities, and renewable energy. The company’s solutions address industrial recovery, gas separation, and waste water compliance.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 890 LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
- Oct 2025Seed$2.6M
- Sep 2024Seed$1.2M
- Aug 2023Seed$212K
- Dec 2022Seed$30.7K
Founders & team
Investors
Colossa Ventures, EXCEL Industries, Spectrum Impact, Bhukhanvala Group, 3i Partners, Thermax
Tech stack
CloudflareCloudflare Bot ManagementCookieyesCore-JsElementorElementor Header & Footer Builder
#10
Seed · Mumbai, Maharashtra · founded 2018 · 151 employees$1Mraised▾
Seed · Mumbai, Maharashtra · founded 2018 · 151 employees
Provider of genomics technology for personalized clinical decisions. It offers clinical-genomics diagnostic tests which include Universal Infectious Diseases Test (UID) a next-generation sequencing powered, culture-free test capable of detecting bacterial and fungal pathogens and infexn test is s a comprehensive genomic solution for rapid identification of pathogens and antimicrobial resistance directly from clinical samples.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Growth
top 17%Talent
top 28%Moat
top 38%Funding
top 47%Market
top 48%Tech
top 49%Growth: Revenue +177% YoY · Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 22% by revenue among 130 tracked Genomics companies · Editorial + unicorn rating 5/10 · IP moat: 3 patents
Audience (LinkedIn): 50k LinkedIn followers — 3.4% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Sep 2025Seed$5M
- Jan 2024Seed$9M
- Jun 2023Angel$190.2K
- Jul 2022Angel$2.1M
Founders & team
Investors
STRIVE, Aroha Technologies, Tekstad, SINE, Sun Pharma, Alkem Laboratories
Tech stack
AosEmotionFont AwesomeGoogle AnalyticsGoogle Tag ManagerGoogle Workspace
#11
Acquired · Mumbai, Maharashtra · founded 1984 · 5953 employees$4.1Braised▾
Acquired · Mumbai, Maharashtra · founded 1984 · 5953 employees
Provider of diversified financial services. It provides various home-related loans and MSME financing solutions. Its other offerings include deposit products, life & general insurance, and asset management services.
Funding rounds
- Jan 2019Post IPO$194M
- Nov 2018Conventional Debt$171.7M
- Jun 2018Conventional Debt$1.6B
- Apr 2018Conventional Debt$152.7M
Founders & team
Investors
IFC, Caledonia, GIC, Mirae Asset Venture, Oaktree Capital Management, WestBridge Capital
Tech stack
Node.JsReactNext.JsEmotionGoogle Tag ManagerHsts
#12
Series A · Mumbai, Maharashtra · founded 2006 · 200 employees$9Mraised▾
Series A · Mumbai, Maharashtra · founded 2006 · 200 employees
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LinkedIn Pulse recent public activity · Jul 2026
Audience: 25k LinkedIn followers
Hiring: 4 hiring posts in 12 mo (public) · momentum +2 · hiring: Executive Assistant to MD, Jr./Executive – Accounts & Finance
Funding rounds
- Dec 2024Series A$1.8M
- Oct 2023Conventional Debt$30M
- Dec 2022Series A$3.9M
- Dec 2020Series A$5.1M
Investors
DFC, Circulate Capital, Ocean Fund India Holding, Elcid Investments, Mindmaps Technologies, Dpimpex
Tech stack
BootstrapCart FunctionalityCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
Funding & investor landscape
$8.1Btotal disclosed funding
54companies funded
155disclosed rounds
2rounds last 90 days
Most active investors
Notable founders
Kamal Rathi
Co-Founder & CTPO · Weaver
Anil Kothuri
Co-Founder · Weaver
Rajashree Nambiar
Co-founder · Ecofy
Govind Sankaranarayanan
Co-Founder & COO · Ecofy
Anand Jain
Co-Founder & CEO · Aerem
Vikesh Agrawal
Co-Founder & COO · Aerem
Gaurav Dolwani
Founder & CEO · Lico
Mangal Lodha
Founder · Lodha Group
Abhishek Lodha
CEO & Managing Director · Lodha Group
M.S Unnikrishnan
CEO · ART-PV India
Nitika S
Co-Founder · ART-PV India
Madhur Taneja
CEO · GreenLine
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 FROM Mumbai · institutions
What Mumbai researches in climate adaptation
IIT Bombay and University of Mumbai lead Mumbai's flood risk and hydrology adaptation research, with a cautiously optimistic tone (mean stance 0.38) dominated by recent post-2020 concern-balanced advancement work.
20 papersstance +0.3825% breakthrough35% concern
local research themes
Flood Risk Assessment and ManagementHydrology and Watershed Management StudiesClimate change impacts on agricultureDisaster Management and ResilienceHydrology and Drought AnalysisTropical and Extratropical Cyclones Research
top institutions
- Indian Institute of Technology Bombay15
- University of Mumbai3
- Korea Research Institute of Chemical Technology2
Common questions
How many Sustainability Tech companies are there in Mumbai, India?
Radar tracks 217 indexable Sustainability Tech companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Sustainability Tech companies in Mumbai, India?
The Sustainability Tech companies in Mumbai, India on this list have raised a combined $8.1B in disclosed equity funding across 54 funded companies.
Which is the highest-funded Sustainability Tech company in Mumbai, India?
Deewan Housing Finance Corporation is the highest-funded Sustainability Tech company in Mumbai, India, with $4.1B in disclosed equity funding.
How many Sustainability Tech companies in Mumbai, India are funded?
54 of the 217 Sustainability Tech companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Sustainability Tech unicorns are there in Mumbai, India?
None of the Sustainability Tech companies in Mumbai, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Mumbai, India Sustainability Tech companies?
The most active investors in Mumbai, India Sustainability Tech companies on this list include SINE, Social Alpha, Spectrum Impact, Aureolis Ventures, Brand Capital.
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.