Best Waste & Water Management Companies in Mumbai, India
The 104 best Waste & Water Management companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hanjer.
Our analysis of 50 Waste & Water Management companies
43% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025; the median company was founded 2006.
Ranked: Best Waste & Water Management companies in Mumbai
| # | Company | Revenue | Disclosed funding | Revenue YoY | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | MTC Group Trader and manufacturer of metals and other products 48Moat top 20%Market top 36%Talent top 38%Fin. health top 45% All 7 signals ▾Moattop 20% Markettop 36% Talenttop 38% Fin. healthtop 45% Growthtop 46% Globalbottom 37% Techbottom 23% Moat: Top 3% by revenue among 372 tracked Metals and Alloys companies · Editorial + unicorn rating 4/10 Market: 228 employees (top 41% of Chemicals and Materials) · Revenue ~$896M rank vs industry peers · Fliar Intelligence Index 48/100 | $896M FY2025 | — | +15% | 228 | Jonathan Thompson Co-Founder | PHPBootstrapApache HTTP Server+5 | 2 job openings · 2 awards |
| 2 | Ion Exchange Provider of water treatment and environmental management solutions | $330M FY2025 | — | +16% | 2,811 2,811 → 4,540 (+62%) | Indraneel Dutt Co-CEO & MD | WordPressZohoMySQL+43 | 3 job openings · 2 launchs · 1 partnership |
| 3 | PRINCE PIPES AND FITTINGS Developer of industrial piping system | $300M FY2025 | — | -2% | 1,978 1,978 → 1,453 (-27%) | Jayant Chheda Founder & Managing Director & CSR | PleskVideoJSBootstrap+13 | — |
| 4 | Antony Waste Handling Provider of waste processing, treatment, and collection services | $113M FY2025 | — | +7% | 420 | — | Node.jsUbuntuChakra UI+12 | — |
| 5 | C-Tech Provider of wastewater treatment services | $67M FY2022 | — | — | — | Subodh Sapre Co-Founder | — | — |
| 6 | ROCHEM Manufacturer of water purifier systems 69Innovation top 20%Moat top 21%Market top 32%Product top 32% All 10 signals ▾Innovationtop 20% Moattop 21% Markettop 32% Producttop 32% Fin. healthtop 35% Talenttop 45% Growthtop 48% Fundingbottom 47% Techbottom 38% Globalbottom 25% Innovation: 11 product lines Moat: Top 5% by revenue among 972 tracked Waste & Water Management companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $48M FY2025 | $1M | +15% | 215 | Prerak Goel Co-CEO & Director | PHPBootstrapApache HTTP Server+13 | — |
| 7 | CN Water Chemical and industrial water system developer | $18M FY2025 | — | +4% | 51 | — | WebflowMicrosoft 365jQuery+7 | 1 award |
| 8 | Aquatatva Manufacturer of water purification system | $14M FY2025 | — | +17% | — | — | — | — |
| 9 | Aman E-Waste Recyclers Provider of e-waste recycling and IT asset disposition services | $7M FY2025 | — | +67% | — | Mohammed Tanveer Co-Founder & Director | — | — |
| 10 | BDI Group Provider of waste management services | $6M FY2025 | — | -1% | — | Dalbir Saini Founder & CEO | WordPressMySQLPHP+34 | — |
| 11 | Aguapuro Equipments Water Treatment Plants Manufacturer | $6M FY2025 | — | +7% | 82 | Jitendra Rane CEO | — | — |
| 12 | Saraplast Provider of portable urinals and solar restrooms 55Innovation top 20%Fin. health top 31%Product top 33%Moat top 37% All 10 signals ▾Innovationtop 20% Fin. healthtop 31% Producttop 33% Moattop 37% Techtop 50% Growthbottom 49% Talentbottom 49% Marketbottom 43% Fundingbottom 40% Globalbottom 37% Innovation: 8 product lines Fin. health: Revenue ~$5.9M (FY2021) · Net margin 10.0% rank vs industry peers · Fliar Intelligence Index 55/100 | $6M FY2025 | $2M | +60% | 36 | Rajeev Kher Founder and Managing Director | WordPressMySQLPHP+25 | — |
| 13 | Eco Recycling Provider of recycling and reverses logistics services | $5M FY2025 | — | +31% | 57 | — | WordPressPleskMySQL+28 | — |
| 14 | Aswathi Industries Provider of plastics, used tires & lead battery recycling technology solutions | $5M FY2025 | — | -34% | 63 | Sureshkumar Nair Managing Director | PleskWindows ServerYouTube+14 | — |
| 15 | Aquachem Provider of engineering solutions for complex water and wastewater services | $5M FY2025 | — | — | 163 | M A Naik Founder | — | — |
| 16 | AnamKlean Envirotech Manufactures water and wastewater treatment plant equipments | $4M FY2025 | — | +21% | — | Sudhir Shivnarayan Gupta Co-Founder & Managing Director | — | — |
| 17 | Roserve Provider of waste water recycling and desalination systems 27Moat top 38%Funding top 45%Talent top 45%Fin. health bottom 45% All 7 signals ▾Moattop 38% Fundingtop 45% Talenttop 45% Fin. healthbottom 45% Marketbottom 42% Globalbottom 36% Growthbottom 25% Moat: Top 33% by revenue among 972 tracked Waste & Water Management companies · Editorial + unicorn rating 4/10 Funding: Raised $6.2M across 2 rounds · 2 rounds over 10 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 27/100 | $3M FY2025 | $6M | -18% | — | Prayas Goel Co-Founder | — | — |
| 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 | +15% | 46 | Meha Lahiri Co-Founder & COO & CFO | WordPressMySQLPHP+20 | 1 partnership |
| 19 | Deluxe Recycling India Manufacturer of recycled composite boards and related products. 16Innovation top 34%Product top 43%Talent bottom 49%Market bottom 38% All 10 signals ▾Innovationtop 34% Producttop 43% Talentbottom 49% Marketbottom 38% Globalbottom 37% Fundingbottom 34% Techbottom 31% Moatbottom 29% Fin. healthbottom 22% Growthbottom 19% Innovation: 11 product lines Product: 11 distinct product lines · Company stage: Seed rank vs industry peers · Fliar Intelligence Index 16/100 | $3M FY2025 | $3M | -29% | 98 | Jignesh Shah Founder & Owner | WordPress Block EditorElementorWordPress+18 | — |
| 20 | Aquacool Group Provider of water treatment, wastewater, and air treatment solutions | $3M FY2025 | — | +42% | — | — | WordPressMySQLPHP+31 | — |
| 21 | AVSN Water management company specializing in projects for drinking water, irrigation, wastewater, and industrial… | $3M FY2025 | — | -30% | — | — | — | — |
| 22 | Sampurn(e)arth Provider of garbage processing, recycling, and other waste managemment services | $746K FY2025 | $341K | -32% | 35 | Jayanth Nataraju Co-Founder | BootstrapGSAPLiteSpeed+5 | — |
| 23 | Hanjer Waste processing company 21Funding top 43%Talent top 45%Market bottom 37%Moat bottom 34% All 7 signals ▾Fundingtop 43% Talenttop 45% Marketbottom 37% Moatbottom 34% Globalbottom 29% Newsbottom 27% Fin. healthbottom 21% Funding: Raised $58.0M across 4 rounds · 4 rounds over 17 yrs (0.2/yr) Talent: 2 named leaders on record rank vs industry peers · Fliar Intelligence Index 21/100 | $422K FY2017 | $58M | — | — | Nadeem Furniturewala Co-Founder | — | — |
| 24 | Avion Environment Provider of waste water treatment services | $390K FY2024 | — | — | — | Jayesh Parmar Owner & CEO | TurbopackNode.jsNextAuth.js+16 | — |
| 25 | GreenShift Energy Provider of waste management services | $206K FY2025 | — | +23143% | — | Kunal Godambe Founder | — | — |
| 26 | Ajivam Water Provider of water management services | $165K FY2025 | — | +20% | — | Anujkumar Ghorpade Co-Founder & CEO | — | — |
| 27 | Revive Ewaste Small scale e-waste management solution | $95K FY2019 | $113K | -76% | 11 | Bhoomi Mishra Director | — | — |
Top 12 Waste & Water Management companies in Mumbai
#1
Funding Raised · Mumbai, Maharashtra · founded 1991 · 215 employees$1.1Mraised▾
Manufacturer of water purifier systems
- Jan 2026Conventional Debt$1.1M
#2
Series B · Mumbai, Maharashtra · founded 2003$58Mraised▾
Hanjer is a non-segregated solid waste processing company. It has 24 operating facilities with a capacity of 9,100 tonnes/day in 19 cities, and 2,200 tonnes/day under implementation and another 3,000 tonnes/day at the bidding stage.The company has received loan of $ 400M from 2 European companies (German and French), by which the company plans to establish a solid waste processing plants having capacity of 5,000 tonnes/day. Hanjer has won many accolade like Mira-Bhayendar plant has been described as the most modern plant of its nature in Maharashtra, by an expert committee appointed by the Chief Minister. The plant in Jalgaon, Maharashtra was inaugurated by the President of India, Hon. Smt. Pratibhatai Patil in 2010.
- Feb 2012Series B$48.2M
- Jun 2009Conventional Debt$50.3M
- May 2009Series A$2.1M
- Mar 2009Series A$7.7M
#3
Seed · Mumbai, Maharashtra · founded 2016 · 46 employees$314.8Kraised▾
Provider of plastic waste management and circular economy solutions. The company delivers traceable plastic recyclates through a sustainable and ethically sourced supply chain. It offers services to maximize the value of plastics and enable waste management. The company collaborates with ecosystem champions to source plastics.
- May 2024Seed$314.8K
- Feb 2019Grant (prize money)—
#4
Seed · Mumbai, Maharashtra · founded 1999 · 98 employees$3.2Mraised▾
{}
- Mar 2022Unattributed$2.9M
- Sep 2010Angel$278.8K
#5
Deadpooled · Mumbai, Maharashtra · founded 2001 · 29 employees$11.2Mraised▾
Hydroair Techtonics installs waste water, sewage-water, effluent, solid-waste treatment plants. The company also sets up zero discharge treatment plant. They have installed waste water treatment plants having a total capacity of 34 MLD, sewage treatment plants of about 500 MLD, and MSW treatment plants of about 2400 TPD . They are currently installing a 900 m3/hr Water Treatment Plant at Parli Thermal Power Station, Maharashtra.
- Nov 2011Series A$10M
- 2006Seed$1.2M
#6
Series A · Mumbai, Maharashtra · founded 2016$6.2Mraised▾
Provider of waste water recycling and desalination systems. It offers wastewater treatment on lease, reverse osmosis for recycling, waste heat evaporator, build own operate transfer, and operating lease solutions to meet Zero Liquid Discharge.
- Dec 2019Conventional Debt$9.8M
- Oct 2016Series A$6.2M
#7
Series A · Mumbai, Maharashtra · founded 2006 · 36 employees$2.3Mraised▾
Provider of portable urinals and solar restrooms. It sells and rents portable toilets, mobile toilets, portable restrooms, and mobile restrooms. Company also provides cleaning and maintenance services for toilets, including cleaning of septic tanks and existing toilets in slums, schools, communities, public places, and constructed toilets on sites.
- May 2013Series A$1.4M
- May 2009Seed$900K
#8
Seed · Mumbai, Maharashtra · founded 2012 · 35 employees$340.7Kraised▾
Provider of garbage processing, recycling, and other waste managemment services. It focused on breaking the non-cyclic waste management process by transforming waste into utilizable resources without exploitation of people or the planet. The company provides end-to-end decentralized solid waste management solutions including waste audit, designing, setting up, operation, and maintenance of waste handling systems. Their solutions cover both wet and dry waste management through on-site segregation, composting, biogas plants, and recycling, aiming to reduce greenhouse gas emissions, groundwater pollution, and strain on natural resources.
- Jan 2017Seed$139.2K
- Aug 2015Seed$167.9K
#9
Deadpooled · Mumbai, Maharashtra · founded 2010 · 11 employees$112.5Kraised▾
Provider of decentralized end-to-end e-waste management service intended to recycle waste. The company's waste management service extracts precious metals from e-waste like discarded printed circuit boards, enabling people to enjoy a healthy environment.
- Jan 2014Seed$112.5K
#10
Seed · Mumbai, Maharashtra · founded 2012 · 25 employees$44.6Kraised▾
Provider of electronic waste recycling services
- Jul 2016Angel$44.6K
#11
Funding Raised · Mumbai, Maharashtra · founded 1974 · 228 employees—raised▾
Trader and manufacturer of metal and other products. It provides operations in the scrap for ferroalloys, base metals, minor metals, iron ore, steel flat and long products and automobiles. It also helps in manufacturing steel and aluminium alloy ingots, billets and TMT bars. It offers solutions for electrical industry, defence, exports, automotive and conductors manufacturer.
#12
Funding Raised · Mumbai, Maharashtra · founded 2017—raised▾
Developer of a water filter technology solution designed to disinfect water by destroying the microbes. The company's reactor kills microbes in water from borewell, hand pump and motorized water lines, eliminating typical water-borne diseases like diarrhoea, cholera and typhoid.
- Aug 2020Grant (prize money)—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Waste & Water Management coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Water Treatment in Mumbai is moving
A read on the academic research around Water Treatment in Mumbai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 68 papers.
IIT Bombay, ICT, and BARC lead Mumbai's optimistic water-treatment research, dominated by membrane separation and advanced oxidation, with recent output nearly doubling toward breakthrough-focused innovation.
- Indian Institute of Technology Bombay20
- Institute of Chemical Technology17
- Bhabha Atomic Research Centre10
- University of Mumbai6
- Korea Research Institute of Chemical Technology6
- Adsorption1→4
- Adsorption2→4
- Wastewater3→4
- Reverse osmosis2
- Environmental engineering2
- Ultrafiltration (renal)1
- Persulfate1
- Membrane1
Who's building water treatment IP in Mumbai
Hindustan Unilever Foundation leads Mumbai's water-treatment patents with 15 of 28, but activity has cooled sharply since a modest 2017 peak, with only scattered filings since.
- Hindustan Unilever Foundation15Mumbai
- Tata Chemicals9Mumbai
- Exposome4Mumbai
Common questions
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.