Distributed battery storage and intelligence platform. The company installs modular, rechargeable LFP battery (Lithium Iron Phosphate) systems directly at the point of consumption of commercial and industrial customers, while retaining operational dispatch control, turning each installation into a networked asset that aggregate into Virtual Power Plants capable of providing grid-balancing services at scale. This reduces diesel dependence for customers, reduces backup energy costs and provides a payback period that makes the asset debt-worthy. Renewables today are heavily under-utilized, accounting for 43% of installed capacity, yet responsible for only 22% of generation. $1.5M pre-seed round led by Theia Ventures, with the participation of Rainmatter, Momentum Capital, Social Alpha. Founded in Oct 2025, Noida based. Founders: Mudit (Delhi Univ. '05; MIT '07) worked in the World Bank's energy practice, Niti Aayog and more recently at Blume (as VP), and Social Alpha (as an energy advisor); Abhijeet (APJ Abdul Kalam Technological Univ. '12; XIM Bubaneswar '15) was at PWC, before joining impact advisory firm Xynteo.

Company developing non-toxic space propulsion systems including its flagship propulsion system HyperX, which will use non-toxic hypergolic fuel (fuel which can ignite spontaenously) for satellite mobility. Its target customers will include satellite manufacturers, spacecraft developers, and mission operators. Early stage funding of an undisclosed amount from a99, following an undisclosed investment from IAN Angel Fund in April 2026. Founded in Oct 2020, Chennai and Thiruvananthapuram based. Founders: aerospace engineers CEO Gokul and CTO Aravinda founded InterCosmos at Madras Institute of Technology. While not mentioned in the press release, Sivaraj (also Madras Institute of Technology) is also a co-founder.

Electric 3W autos with a solar roof, designed for cargo runs, food service or street retail. This takes away fleet-downtimes, as is the vehicle charges itself. It can carry payloads of 750kg, has a 180km range and is priced at ₹4.5 lakhs. Seed round of an undisclosed amount. Founded in Sep 2024, Pune based. Currently in the prototyping stage, with production expected to commence this month of June 2026. Founder & CEO Sanskar (MIT World Peace Univ., Pune '24) founded Excellens Motors while in college, to make production ready prototypes for companies, across commercial vehicles.

Develops emission control and air purification systems for decentralised pollution sources such as diesel generator (DG) sets. Its first product was a filter-less Retrofit Emission Control Device (RECD) that can be retrofitted to existing DG sets, enabling companies to meet emission norms without requiring equipment replacement. India has over 2M DG sets in operation which are meant to meet Central Pollution Control Board (CPCB) norms. ₹13.35CR seed round led by Raimatter, along with Rockstud Capital. Founded in April 2019, Pune based. Founders: CEO Harsh, co-founder Divyank and CTO Gagan started out in the second year of their engineering college in Indore, the Acropolis Group of Institutions.

Carbon removal platform which works on regenerative agriculture, agroforesty, biochar and biogas projects to generate carbon credits. Regenerative practices tackle soil depletion, agri-waste burning and water scarcity. Credits are supplied to global carbon market customers across manufacturing, tech, energy, aviation and consumer businesses. This round will expand its farmer networks and enhance blockchain based MRV (Measurement, Reporting, and Verification) systems. ₹10CR seed round. Founded in Feb 2024, Gurgaon based. Founders: CEO Sunny (Savitribai Phule Pune University '09; Cardiff University MBA '11) was Co-Founder of Organic Ledger (organic food verification and processing platform built blockchain); starting out in finance roles at Yum! Brands in the UK and Wiredelta in Denmark; COO Prabal (IILM University '06; IIMA '21) was also a Co-Founder at Organic Ledger prior to which he was VP of Business Development at Syenergy Environics (radiation protection); CPTO Abhinav (The Maharaja Sayajirao University of Baroda; IIM Lucknow) was Fractional CTO at Organic Ledger, was CTO at KalaGato and is ex-Siemens and L&T Tech Services. Comps: Varaha, Mitti Labs, Equilibrium.

Offers IoT-enabled water and wastewater asset management. Seed round of an undisclosed amount from AWE Funds. The company previously raised a $1.2M seed round in Dec 2023, led by Enzia Ventures along with Climate Angels Fund, Peer Cheque, SAE, DeVC and Bharat Founders Fund. Founded in Sep 2021, Gurgaon based. The founders are a daughter-father duo. CEO Mansi Stanford Univ '19 was on Forbes30U30 Asia and started out as an Associate at Idinsight (data and evidence tools to fight poverty); Rajesh (IIT Delhi '92) has been running Enhanced Wapp Systems (IoT-enabled digital platform for real-time monitoring and lifecycle management of water and wastewater assets) since 1996.

EV ride-hailing platform operating in Delhi NCR with premium vehicles (BYD, MG). It operates over 100 vehicles and has completed 45,000 rides. ₹3.65CR angel round funding by its "existing users". Founded in Jan 2024, Delhi based. Founder Naveen (Kurukshetra University '08, Nyenrode Business University '10) for VP and Country Head for India at Zoomcar and National Sales Head at CARS24 for about a year each, and is ex-Swiggy (3 years) and redBus (4.5 years).

Company developing non-toxic space propulsion systems including its flagship propulsion system HyperX, which will use non-toxic hypergolic fuel (fuel which can ignite spontaenously) for satellite mobility. Its target customers will include satellite manufacturers, spacecraft developers, and mission operators. Early stage funding of an undisclosed amount. Founded in Oct 2020, Chennai and Thiruvananthapuram based. Founders: aerospace engineers CEO Gokul and CTO Aravinda founded InterCosmos at Madras Institute of Technology. While not mentioned in the press release, Sivaraj (also Madras Institute of Technology) is also a co-founder.

Startup focused on the circular economy, offering AI-enabled glass recycling and traceability. Pre-revenue, the company will offer the full suite (collection, sorting, processing, logistics, reporting). ₹1.7CR pre-seed round. Other investors in the round: SustainTN, ITEL Foundation. Founded in Sep 2023, Chennai based. Founders: CEO Iwan (Loyola '16) is a PM from Doodeblue Innovations and Concentrix; COO Karthik (NMIMS CDOE MBA '21) is from Wipro (learning and development specialist); CCO Mohammad (Karnataka State Law Univ.) is from Wester Infra and ANS LIght Zone (a decade across these companies). No background information on the fourth founder Varun Pandithurai.

EV battery technology startup focused on fast-charging and long-life battery systems for medium and heavy duty vehicles. The complete battery technology stack has been built in-house, from its BMS, liquid cooling systems, charging systems and IoT enabled analytics. ₹20CR seed round to scale manufacturing and product development in Navi Mumbai. Founded in Aug 2020, Mumbai based. Founders: CEO Ameya and COO Darshil at IIT Kanpur '16 and '15 respectively. Ameya is ex-Oxane Partners (IB analyst role at this tech provider for debt markets); Darshil is ex-Schlumberger (engineering).