Carbonlites

Bengaluru, India Founded: 2009 • Age: 17 yrs Minicorn
Biogas digester developer and bio-CNG producer

About Carbonlites

Carbonlites is an Environment company based in Bengaluru (India) founded in 2009 by Som Narayan and Kevin Houston. Biogas digester developer and bio-CNG producer. Carbonlites has raised $1.46 million across 7 funding rounds from investors including Schneider Electric, Hyundai Motor Company and Villgro. The company has 53 employees. Carbonlites was last valued at $7.41 million in April 2024. Its Indian entity Carbon Masters India Private Limited reported revenue of β‚Ή13.64 Cr. Its focus areas include Environment Tech, Solid Waste Management Tech, Waste-To-Energy and Biogas. Its competitors include GPS Renewables, Gruner Renewable and Urjas; 3 of its 3 listed competitors have raised funding.

Company details

Carbonlites was established in 2009 in Bengaluru, India, within the renewable energy sector. Biogas digesters are designed and bio-CNG is generated as primary operations. Products including purified bio-CNG cylinders for cooking, portable anaerobic digester units, and organic manure derived from production digestate are provided. Focus is placed on sustainable biogas solutions across India, with co-founders Som Narayan and Kevin Houston leading efforts.

Key Metrics
  • Annual Revenue
    ₹13.64 Cr

    FY 2025 · +53% YoY

  • Net Profit
    ₹86 Lakh

    FY 2025 · 6% margin

  • EBITDA
    ₹2.06 Cr

    FY 2025 · 15% margin

  • Total Equity Funding
    $1.46M (USD)

    in 7 rounds

  • Investors
  • Employee Count
    53

Funding Insights of Carbonlites

Carbonlites has successfully raised a total of $1.46M across 7 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 $1.46M
  • Total Rounds 7
  • First Round $114,879

    (Feb 2018)

  • Investors Count 118

All 7 funding rounds of Carbonlites with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2025Seed–Schneider Electric, Sangam Ventures
Apr 2024$275,890Seed$7.41M–
Jun 2022$406,302Seed$4.22MSchneider Electric
Feb 2022$436,442Seed$‒‒‒‒‒–
Jan 2020Angel Round–Senthil Sankar
–
Oct 2019$228,392Seed$β€’β€’β€’β€’β€’Shiva Kumar
Feb 2018$114,879Seed$β€’β€’β€’β€’β€’Siddharath Bindra
Valuation history
DateValuationStage
Apr 2024$7.41Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2022$4.22Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2022$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Carbonlites

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Last known valuation $7.41M (Apr 2024). 118 investors in total: 18 institutional and 100 angel.

Investors in Carbonlites

Carbonlites has secured backing from 118 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Schneider Electric, Hyundai Motor Company and Villgro.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors.
2001villgro.orgChennai, India
Investing in sustainable energy and resource productivity solutions for underserved communities in India.
2012sangam.vcGurugram, India
Angel investor network investing in early-stage startups
iangroup.vcDelhi, India
Startups are funded and accelerated by Investopad's venture capital programs.
investopad.comDelhi, India
Seed to series A startups receive investments from Good Capital.
goodcapital.vcDelhi, India
Venture debt funding is extended to firms across multiple sectors.
Madhapur, India
Venture capital fund investing in early-stage tech startups
2022bharatfoundersfund.comDelhi, India
An online fundraising platform for location-based native users and entrepreneurs.
2012nativelead.orgMadurai, India
Energy management and automation solutions are provided globally.
1836se.com
Delivers strategy, leadership consulting, and transaction advisory services.
2013ecoforge.inBengaluru, India
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Investor details for Carbonlites

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Board of directors of Carbon Masters India Private Limited (Carbonlites)

Carbon Masters India Private Limited is the primary company behind Carbonlites. The board of Carbon Masters India Private Limited currently have 7 directors; the longest-serving is Kevin Joseph Houston, appointed in 2012. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kevin Joseph Houston
DIN 05168675
Director23 Feb 201214 yrs 8 moCarbon Masters India Private Limited
Somanath Bangalore Narayan
DIN 05168679
Managing Director23 Feb 201214 yrs 8 moCarbon Masters India Private Limited
Nagaraja Prakasam
DIN 01801524
Nominee Director14 Jul 20179 yrs 3 moCarbon Masters India Private Limited
Karthik Chandrasekar
DIN 03122878
Nominee Director02 Mar 20224 yrs 8 moCarbon Masters India Private Limited
Ashish Kumar
DIN 00350187
Director15 Mar 20242 yrs 7 moCarbon Masters India Private Limited
Vikram Raman
DIN 09367582
Nominee Director10 Jun 20251 yr 4 moCarbon Masters India Private Limited
Sriram Sankaran
DIN 00864145
Nominee Director10 Jun 20251 yr 4 moCarbon Masters India Private Limited

People of Carbonlites

2 people are tracked at Carbonlites (2 in leadership); the tracked headcount is 53.

NameRoleGroup
Som Narayan
Co-FounderLeadership
Co-FounderLeadership
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Financials of Carbonlites

Figures of Carbon Masters India Private Limited, the primary company behind Carbonlites, for FY 2025. Revenue was ₹13.64 Cr (+53% year on year). Net profit was ₹86 Lakh (6% margin). EBITDA was ₹2.06 Cr (15% margin). Revenue has grown at a compounded annual rate of +12% over three years and +38% over five years.

  • ₹13.64 CrRevenue · FY 2025 · +53% YoY
  • ₹86 LakhNet profit · 6% margin
  • ₹2.06 CrEBITDA · 15% margin
  • ₹1.53 CrPaid-up capital
  • 53Employees (provident fund records)
  • +12%Revenue CAGR, 3 years
  • +38%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Carbon Masters India Private Limited are on its company page.

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Timeline of Carbonlites

4 dated milestones of Carbonlites across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Carbonlites is founded.
  2. Funding First funding round of $115K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.

Competitors of Carbonlites

Carbonlites has 3 listed competitors in our database, 3 of them funded. They include GPS Renewables, Gruner Renewable and Urjas.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gpsrenewables.com2012Bengaluru, India$18.99M
Biogas engineering and clean fuels technology solutions are provided.
grunerrenewable.com2023Noida, India$60M136
Biogas is produced from organic waste for sustainable energy solutions.
urjas.com2012Mumbai, India$100,000
Provider of devices that converts agro and plastic waste into energy
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Detailed competitors of Carbonlites

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Web traffic of Carbonlites

Websites that share an audience with Carbonlites (carbonlites.com).

Similar websites

Websites whose visitors overlap most with Carbonlites. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
biofics.co.in
100%
4.5K#3,903,453View details

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as Carbonlites (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M
Tech-based solid waste management and recycling solutions are provided.
2008Noida, Uttar Pradesh, IndiaUSD 31.1 MUSD 52.13 M106
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Related news about Carbonlites

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Frequently Asked Questions about Carbonlites

Carbonlites was founded in 2009 and raised its 1st funding round 9 years after it was founded.

Carbonlites is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Carbonlites is a funded company, having raised a total of $1.46M across 7 funding rounds to date. The company's 1st funding round was a Seed of $114.88K, raised on Feb 2018.

Carbonlites has 53 employees.

The primary company behind Carbonlites, Carbon Masters India Private Limited, reported revenue of β‚Ή13.64 Cr for FY 2025, up 53% year on year.

Carbonlites was established in 2009 in Bengaluru, India, within the renewable energy sector. Biogas digesters are designed and bio-CNG is generated as primary operations. Products including purified bio-CNG cylinders for cooking, portable anaerobic digester units, and organic manure derived from production digestate are provided. Focus is placed on sustainable biogas solutions across India, with co-founders Som Narayan and Kevin Houston leading efforts.

Carbonlites's top competitors include GPS Renewables, Gruner Renewable and Urjas.

Carbonlites has 118 investors. Key investors include Schneider Electric, Hyundai Motor Company, Villgro, T & I Global, and Sangam Ventures.

The valuation of Carbonlites is $7.41M as of Apr 2024.

Carbonlites operates through Carbon Masters India Private Limited.

The legal entities of Carbonlites currently have 7 directors, including Nagaraja Prakasam, Karthik Chandrasekar, Kevin Joseph Houston and others.

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