About Aquvio
Aquvio is an Environment company based in Varanasi (India) founded in 2015. Reverse osmosis-based water filtration systems are manufactured for purification. Aquvio has raised $31.01 thousand across 2 funding rounds from investors including Villgro, Indian Institute of Technology Kanpur and Technology Development Board. Its Indian entity Iminbit Techindia Private Limited reported revenue of ₹49.9 Lakh. Its focus areas include Waste & Water Management, Wastewater Management and Drinking Water.
Company details
Aquvio is developing and manufacturing equipments uses reverse osmosis to purify water and also minimize waste water generation. The product has a purification rate of 100 litres per hour capacity water purifier that could generate 700 to 1,000 litres of water. The product is currently installed at Dhirendra Mahila PG College, IIT BHU, Arya Mahila PG College and The Aryan International School in Varanasi. The company is incubated at Malaviya Centre for Innovation,Incubation and Entrepreneurship (MCIIE).
- Headquarters Varanasi, India
- SectorsEnvironment
- Website aquvio.com
- Social LinkedIn X
- Legal Name Iminbit Techindia Private Limited
- Date of Incorporation 07 Jan, 2015
- Jurisdiction Karnal, Haryana, India
- Annual Revenue₹49.9 Lakh
FY 2024 · +252% YoY
- Net Loss-₹9 Lakh
FY 2024 · -18% margin
- EBITDA-₹8.9 Lakh
FY 2024 · -18% margin
- Total Equity Funding$31.01K (USD)
in 2 rounds
- InvestorsVillgro
& 3 more
Associated legal entities of Aquvio
Aquvio operates through Iminbit Techindia Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Iminbit Techindia Private Limited CIN U15122HR2015PTC054208 | Active | 07 Jan 2015 | Karnal, Haryana | ₹0.5 Cr | 2 | View details |
Funding Insights of Aquvio
Aquvio has successfully raised a total of $31.01K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $31,010
- Total Rounds 2
- First Round $31,010
(Jul 2017)
- Investors Count 4
All 2 funding rounds of Aquvio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | Seed | – | Technology Development Board | ||
| Jul 2017 | $31,010 | Seed | – | Startup Incubation and Innovation Centre | – |
4 investors in total: 4 institutional.
Investors in Aquvio
Aquvio has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Villgro, Indian Institute of Technology Kanpur and Technology Development Board.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors. | 2001 | villgro.org | Chennai, India | |
Tech-based startups are incubated through various programs by SIIC. | siicincubator.com | Kanpur, India | ||
Financial assistance and support for technology development and commercialization in various sectors. | 1996 | tdb.gov.in | Delhi, India | |
Multiple engineering courses and degrees are offered at the institute. | 1959 | iitk.ac.in | Kanpur, India |
Investor details for Aquvio
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Board of directors of Iminbit Techindia Private Limited (Aquvio)
Iminbit Techindia Private Limited is the primary company behind Aquvio. The board of Iminbit Techindia Private Limited currently have 2 directors; the longest-serving is Rohit Kumar Mittal, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Kumar Mittal DIN 07050435 | Director | 07 Jan 2015 | 11 yrs 9 mo | Iminbit Techindia Private Limited |
| Ankush Mittal DIN 08610750 | Director | 11 Nov 2019 | 6 yrs 11 mo | Iminbit Techindia Private Limited |
Financials of Aquvio
Figures of Iminbit Techindia Private Limited, the primary company behind Aquvio, for FY 2024. Revenue was ₹49.9 Lakh (+252% year on year). Net loss was -₹9 Lakh (-18% margin). EBITDA was -₹8.9 Lakh (-18% margin). Revenue has grown at a compounded annual rate of +85% over three years and -2% over five years.
- ₹49.9 LakhRevenue · FY 2024 · +252% YoY
- -₹9 LakhNet loss · -18% margin
- -₹8.9 LakhEBITDA · -18% margin
- ₹1.4 LakhPaid-up capital
- +85%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iminbit Techindia Private Limited are on its company page.
Detailed financial statements for Aquvio
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Aquvio
3 dated milestones of Aquvio across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Aquvio is founded.
- Funding First funding round of $31K.
- Funding Latest funding round, Seed,.
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Aquvio (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Aquvio
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Frequently Asked Questions about Aquvio
Aquvio was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Aquvio is headquartered in Varanasi, India. It is registered at Varanasi, Uttar Pradesh, India.
Aquvio is a funded company, having raised a total of $31.01K across 2 funding rounds to date. The company's 1st funding round was a Seed of $31.01K, raised on Jul 2017.
The primary company behind Aquvio, Iminbit Techindia Private Limited, reported revenue of ₹49.9 Lakh for FY 2024, up 252% year on year.
Aquvio is developing and manufacturing equipments uses reverse osmosis to purify water and also minimize waste water generation. The product has a purification rate of 100 litres per hour capacity water purifier that could generate 700 to 1,000 litres of water. The product is currently installed at Dhirendra Mahila PG College, IIT BHU, Arya Mahila PG College and The Aryan International School in Varanasi. The company is incubated at Malaviya Centre for Innovation,Incubation and Entrepreneurship (MCIIE).
Aquvio has 4 investors. Key investors include Villgro, Indian Institute of Technology Kanpur, Technology Development Board, and SIIC.
Aquvio operates through Iminbit Techindia Private Limited.
The legal entities of Aquvio currently have 2 directors, including Rohit Kumar Mittal, Ankush Mittal.