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 as of November 21, 2024. 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.
- Headquarter Delhi, India
- Employees 303 as on 21 Nov, 2024
- Founders Kushagra Srivastava
- Stage Minicorn
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Chakr Innovation Pvt. Ltd.
- Date of Incorporation 24 Jun, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.73 M (USD)148.88as on Mar 31, 2023
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Net Profit
-$1.2 M (USD)-54.12as on Mar 31, 2023
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EBITDA
-$1.31 M (USD)-105.46as on Mar 31, 2023
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Total Equity Funding
$43.58 M (USD)
in 12 rounds
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Latest Funding Round
$23 M (USD), Series C
Sep 22, 2025
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Investors
ONGC
& 75 more
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Employee Count
303
as on Nov 21, 2024
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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.
Emission control device reducing diesel generator pollutants significantly.
Solution designed to reduce nitrogen oxide emissions effectively.
Innovative battery technology for sustainable energy solutions developed.
IoT diagnostics for monitoring generator performance and emissions.
People of Chakr Innovation
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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.
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.
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Venture Capital firm backed by SBI
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Multiple sectors are invested in by the venture capital firm.
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Private equity fund focused on multiple sectors
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Investor details for Chakr Innovation
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Investments & Acquisitions by Chakr Innovation
Investment portfolio details for Chakr Innovation
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Financial Statements - Chakr Innovation
Detailed financials for Chakr Innovation
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Chakr Innovation Comparisons
Peer comparison for Chakr Innovation
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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.
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Develops and supplies emission control devices for industrial diesel generators.
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Manufacturer of catalytic converters for gasoline and diesel engines
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Diesel engine efficiency is enhanced by hydrogen-infused fuel systems.
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Provides comprehensive solutions for automotive emission control.
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Fuel efficient and CO2 reduction technology for diesel engines
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Detailed competitors of Chakr Innovation
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Latest news on Chakr Innovation
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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.
As of Nov 21, 2024, the latest employee count at Chakr Innovation is 303.
Annual revenue of Chakr Innovation is $2.73M as on Mar 31, 2023.
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.