Chakr Innovation

Delhi, India Founded: 2016 • Age: 10 yrs Minicorn
Retrofit emission control devices for diesel generators are manufactured.

About Chakr Innovation

Chakr Innovation is a company based in Delhi (India) founded in 2016 by Kushagra Srivastava. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Chakr Innovation has raised $43.58 million across 12 funding rounds from investors including ONGC, Iron Pillar and UChicago. The company has 303 employees. Chakr Innovation offers products and services including Chakr Shield, Chakr DeNOx, Al-Air, and Chakr GenSense. Chakr Innovation operates in a competitive market with competitors including Platino, Itacat, EXEN Holdings, Vida Holdings and The Dutch Hydroxide Organization, among others.

Key Metrics
  • Annual Revenue
    ₹189 Cr

    FY 2025 · +51% YoY

  • Net Profit
    ₹3.58 Cr

    FY 2025 · 2% margin

  • EBITDA
    ₹21.72 Cr

    FY 2025 · 11% margin

  • Total Equity Funding
    $43.58M (USD)

    in 12 rounds

  • Latest Funding Round
    $23M (USD), Series C

    Sep 2025

  • Investors
    ONGC

    & 75 more

  • Employee Count
    303

Products & Services of Chakr Innovation

Chakr Innovation offers a comprehensive portfolio of products and services, including Chakr Shield, Chakr DeNOx, Al-Air, and Chakr GenSense.

Chakr Shield
Emission Control Device

Emission control device reducing diesel generator pollutants significantly.

Chakr DeNOx
Emission Control Solution

Solution designed to reduce nitrogen oxide emissions effectively.

Al-Air
Battery Technology

Innovative battery technology for sustainable energy solutions developed.

Chakr GenSense
IoT Diagnostics

IoT diagnostics for monitoring generator performance and emissions.

Apps and channels of Chakr Innovation

its YouTube channel Chakr Innovation has 123 subscribers and 21 videos.

Chakr Innovation
YouTube 123 subscribers 21 videos Science & Technology
Open channel

Videos from Chakr Innovation

The most watched videos on Chakr Innovation's YouTube channel, Chakr Innovation (123 subscribers). Click a video to play it here.

Inside our manufacturing plant - Powering Sustainable Innovation. 🌱⚙️
942 views
Reducing Diesel Generator Emissions with Chakr Innovation’s RECD Solution
851 views
Chakr Shield: The Power Solution for Pollution
466 views
Chakr Shield RECD at Leh: Transforming Diesel Generator Emissions for Clean Air
464 views

More on Chakr Innovation.

Funding Insights of Chakr Innovation

Chakr Innovation has successfully raised a total of $43.58M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $23 million completed in September 2025. 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 $43.58M
  • Total Rounds 12
  • Last Round Series C — $23M
  • First Round $292,976

    (Jan 2017)

  • Investors Count 76

Latest 10 of 12 funding rounds of Chakr Innovation with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2025$23MSeries C–Iron Pillar
Sep 2024$1.79MSeries C–SBI Ventures
–
Dec 2023$6.01MSeries C$19.05MSBICAP Ventures
–
Aug 2023$2.17MDebt – Conventional––
Apr 2023$2.7MSeries C–SBICAP Ventures
Aug 2022$3.8MSeries C–SBICAP Ventures
–
Nov 2021$2.68MSeries B$13.5MNeev Fund
–
Jun 2021$269,583Series A$•••••ONGC
–
Apr 2019$2.72MSeries A–Indian Angel Network
Jan 2018$383,727Seed–Parampara Capital
Valuation history
DateValuationStage
Dec 2023$19.05M••••••••
Nov 2021$13.5M••••••••
Jun 2021$•••••••••••••
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Full valuation and stage history of Chakr Innovation

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $19.05M (Dec 2023). 76 investors in total: 23 institutional and 53 angel.

Investors in Chakr Innovation

Chakr Innovation has secured backing from 76 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include ONGC, Iron Pillar and UChicago.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture Capital firm backed by SBI
2005sbicapventures.comMumbai, India
Multiple sectors are invested in by the venture capital firm.
–eximbankindia.inMumbai, India
Private equity fund focused on multiple sectors
2015neevfund.comMumbai, India
Venture capital firm focused on healthcare, consumer, and multiple sectors
2014paramparas.comMumbai, India
Early-stage offline-focused PE & VC firm investing in geographies such as India
2009moonbeam.inGurugram, India
Venture capital investments and partnerships in diverse sectors.
2012saama.vcBengaluru, India
Angel investor network investing in early-stage startups
–iangroup.vcDelhi, India
Angel network focused on India, Singapore, and U.S based companies
–sgan.sgSingapore, Singapore
Growth capital provision and investment services for tech entrepreneurs across multiple locations.
2016ironpillarfund.comEbene City, Mauritius
-
2005sbiventures.co.inMumbai, India
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Investor details for Chakr Innovation

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Board of directors of Chakr Innovation Private Limited (Chakr Innovation)

Chakr Innovation Private Limited is the primary company behind Chakr Innovation. The board of Chakr Innovation Private Limited currently have 4 directors; the longest-serving is Kushagra Srivastava, appointed in 2016. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kushagra Srivastava
DIN 07457422
Director24 Jun 201610 yrs 3 moChakr Innovation Private Limited
Akshay Kumar Panth
DIN 06580835
Nominee Director09 Feb 20224 yrs 7 moChakr Innovation Private Limited
Anmol Khandelwal
DIN 09714104
Director25 Aug 20224 yrs 1 moChakr Innovation Private Limited
Ashok Ananthakrishnan
DIN 02985891
Nominee Director25 Sep 20251 yrChakr Innovation Private Limited

People of Chakr Innovation

22 people are tracked at Chakr Innovation (7 in leadership, 5 in board & advisors, 10 in team); the tracked headcount is 303.

NameRoleGroup
Co-Founder & CEOLeadership
Shruti Sinha
Chief Of StaffLeadership
Vikram Qanungo
Chief Financial OfficerLeadership
Nitish Moningi
Manager Ceo's OfficeLeadership
Arunaksh Bhandari
Ceo's OfficeLeadership
Kuldeep Singh
General Manager Of SalesLeadership
Amit Aseri
Program Manager - Ceo's OfficeLeadership
CIO - Neev FundBoard & advisors
Padmaja Ruparel
Founder - IANBoard & advisors
Venkat Vallabhaneni
Partner - Parampara CapitalBoard & advisors
Saurabh Srivastava
AdvisorBoard & advisors
Arun Duggal
AdvisorBoard & advisors
Pankkaj Dhakite
AVP - Business Development (government & Institutions)Team
Vivin Kanchan
Sales ManagerTeam
Dattatray Galande
Manager-finance &accountsTeam
Yamini Mittal
Manager-finance & AccountsTeam
Mohit Singhvi
AVP - Corporate AffairsTeam
Dheeraj Saini
Assistant Manager Service SalesTeam
Renuka Nadar
Assistant Manager AccountsTeam
Agastya Mishra
Assistant Program ManagerTeam

2 more people are available in the full profile.

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Complete people profiles for Chakr Innovation

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Financials of Chakr Innovation

Figures of Chakr Innovation Private Limited, the primary company behind Chakr Innovation, for FY 2025. Revenue was ₹189 Cr (+51% year on year). Net profit was ₹3.58 Cr (2% margin). EBITDA was ₹21.72 Cr (11% margin). Revenue has grown at a compounded annual rate of +175% over three years and +143% over five years.

  • ₹189 CrRevenue · FY 2025 · +51% YoY
  • ₹3.58 CrNet profit · 2% margin
  • ₹21.72 CrEBITDA · 11% margin
  • ₹0.43 CrPaid-up capital
  • 303Employees (provident fund records)
  • +175%Revenue CAGR, 3 years
  • +143%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Chakr Innovation Private Limited are on its company page.

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Detailed financial statements for Chakr Innovation

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Timeline of Chakr Innovation

4 dated milestones of Chakr Innovation across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Chakr Innovation is founded.
  2. Funding First funding round of $293K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $23.0M.

Competitors of Chakr Innovation

Chakr Innovation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Platino, Itacat, EXEN Holdings, Vida Holdings and The Dutch Hydroxide Organization, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
platino.co.in2022Chennai, India–53
Develops and supplies emission control devices for industrial diesel generators.
itacat.eu1992Italy––
Manufacturer of catalytic converters for gasoline and diesel engines
exentechnologies.com2006Fallbrook, United States$350,000–
Diesel engine efficiency is enhanced by hydrogen-infused fuel systems.
vidaholdingscorp.com2006Mississauga, Canada––
Provides comprehensive solutions for automotive emission control.
tdho.eu2012Nieuwstadt, Netherlands––
Fuel efficient and CO2 reduction technology for diesel engines
rivotto.com2023Salt Lake, United States$1.05M–
Diesel engine technologies are developed to reduce emissions.
antismog.co2017Paris, France––
Provides technology for measuring and reducing emissions from combustion engines globally.
sanjanaventures.com2023Mumbai, India––
Develops, markets, sells, and invests in sustainable products for environmental protection.
dieselemissioncontrol.com2009Penkridge, United Kingdom––
Provides electronic platforms for diesel emission control and reduction in industrial applications.
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Detailed competitors of Chakr Innovation

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of Chakr Innovation

The website of Chakr Innovation (chakr.in) receives about 9.1K visits a month.

  • Monthly visits
    9.1K

    ▼ 14.7% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
araiindia.com
100%
–#685,379View details
cirtindia.com
cirtindia.com
86%
–#4,325,479–

Latest news on Chakr Innovation

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Similar companies to Chakr Innovation

10 companies that operate in the same segment as Chakr Innovation (Pollution & Air Quality Systems), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform for enterprise sustainability measurement, reporting, and action is provided.
2019San Francisco, California, United StatesUSD 184.96 M–295
Weather intelligence and forecasting solutions are provided for industries.
2016Boston, Massachusetts, United StatesUSD 374 M–115
Carbon dioxide is converted into products via renewable energy technology.
2015Berkeley, California, United StatesUSD 472.37 M––
Independent ratings and risk analytics for carbon projects are provided.
2020London, England, United KingdomUSD 109.21 M––
Carbon dioxide is captured from the atmosphere by Carbon Engineering.
2009Squamish, British Columbia, CanadaUSD 107.06 M––
Cloud-based solutions for crop management and analytics are offered.
2016Durham, North Carolina, United StatesUSD 60.75 M–103
Microbe-based plant protection products and yield optimization services are provided.
2013Boston, Massachusetts, United StatesUSD 1.4 B––
Provider of modular carbon capture technology and industrial decarbonization solutions
2009London, England, United KingdomUSD 248.83 MUSD 7.24 M–
Carbon footprints are tracked via an online platform for users.
2010Wellington, New ZealandUSD 26.27 M––
A platform for logistics emissions calculation and reporting is provided.
2021London, England, United KingdomUSD 14.5 M–20
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Frequently Asked Questions about Chakr Innovation

Chakr Innovation was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Chakr Innovation is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Kushagra Srivastava is the current CEO of Chakr Innovation. They have also founded this company.

Chakr Innovation is a funded company, having raised a total of $43.58M across 12 funding rounds to date. The company's 1st funding round was a Seed of $383.73K, raised on Jan 2017.

Chakr Innovation has 303 employees.

The primary company behind Chakr Innovation, Chakr Innovation Private Limited, reported revenue of ₹189 Cr for FY 2025, up 51% year on year.

Chakr Innovation is engaged in developing transformative technologies to address air pollution challenges. The company operates in the cleantech and material science sectors, offering solutions like the Chakr Shield, a retrofit emission control device for diesel generators. This flagship product reduces emissions by up to 90, ensuring compliance with environmental regulations. Additional products such as Chakr DeNOx, Al-Air, and Chakr GenSense are being developed to expand their impact across industries. Their solutions are implemented in various sectors including government, defense, and corporate entities, contributing to cleaner air and sustainable operations across India.

Chakr Innovation's top competitors include EXEN Holdings, Rivotto and Itacat.

Chakr Innovation offers Chakr Shield, Chakr DeNOx, Al-Air, and Chakr GenSense.

Chakr Innovation has 76 investors. Key investors include ONGC, Iron Pillar, UChicago, Inflexor, and Neev Fund.

The valuation of Chakr Innovation is $19.05M as of Dec 2023.

Chakr Innovation operates through Chakr Innovation Private Limited.

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