
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.
- 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
- InvestorsONGC
& 75 more
- Employee Count303
Associated legal entities of Chakr Innovation
Chakr Innovation operates through Chakr Innovation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Chakr Innovation Private Limited CIN U74999DL2016PTC302071 | Active | 24 Jun 2016 | New Delhi, Delhi | ₹189 Cr | 303 | 4 | View details |
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.
Apps and channels of Chakr Innovation
its YouTube channel Chakr Innovation has 123 subscribers and 21 videos.
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.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $23M | Series C | – | Iron Pillar | |
| Sep 2024 | $1.79M | Series C | – | SBI Ventures | – |
| Dec 2023 | $6.01M | Series C | $19.05M | SBICAP Ventures | – |
| Aug 2023 | $2.17M | Debt – Conventional | – | – | |
| Apr 2023 | $2.7M | Series C | – | SBICAP Ventures | |
| Aug 2022 | $3.8M | Series C | – | SBICAP Ventures | – |
| Nov 2021 | $2.68M | Series B | $13.5M | Neev Fund | – |
| Jun 2021 | $269,583 | Series A | $••••• | ONGC | – |
| Apr 2019 | $2.72M | Series A | – | Indian Angel Network | |
| Jan 2018 | $383,727 | Seed | – | Parampara Capital |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2023 | $19.05M | •••••••• |
| Nov 2021 | $13.5M | •••••••• |
| Jun 2021 | $••••• | •••••••• |
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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Verified entity values are shown only after access is granted.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture Capital firm backed by SBI | 2005 | sbicapventures.com | Mumbai, India | |
Multiple sectors are invested in by the venture capital firm. | – | eximbankindia.in | Mumbai, India | |
Private equity fund focused on multiple sectors | 2015 | neevfund.com | Mumbai, India | |
Venture capital firm focused on healthcare, consumer, and multiple sectors | 2014 | paramparas.com | Mumbai, India | |
Early-stage offline-focused PE & VC firm investing in geographies such as India | 2009 | moonbeam.in | Gurugram, India | |
Venture capital investments and partnerships in diverse sectors. | 2012 | saama.vc | Bengaluru, India | |
Angel investor network investing in early-stage startups | – | iangroup.vc | Delhi, India | |
Angel network focused on India, Singapore, and U.S based companies | – | sgan.sg | Singapore, Singapore | |
Growth capital provision and investment services for tech entrepreneurs across multiple locations. | 2016 | ironpillarfund.com | Ebene City, Mauritius | |
- | 2005 | sbiventures.co.in | Mumbai, India |
Investor details for Chakr Innovation
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kushagra Srivastava DIN 07457422 | Director | 24 Jun 2016 | 10 yrs 3 mo | Chakr Innovation Private Limited |
| Akshay Kumar Panth DIN 06580835 | Nominee Director | 09 Feb 2022 | 4 yrs 7 mo | Chakr Innovation Private Limited |
| Anmol Khandelwal DIN 09714104 | Director | 25 Aug 2022 | 4 yrs 1 mo | Chakr Innovation Private Limited |
| Ashok Ananthakrishnan DIN 02985891 | Nominee Director | 25 Sep 2025 | 1 yr | Chakr 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.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Shruti Sinha | Chief Of Staff | Leadership |
Vikram Qanungo | Chief Financial Officer | Leadership |
Nitish Moningi | Manager Ceo's Office | Leadership |
Arunaksh Bhandari | Ceo's Office | Leadership |
Kuldeep Singh | General Manager Of Sales | Leadership |
Amit Aseri | Program Manager - Ceo's Office | Leadership |
| CIO - Neev Fund | Board & advisors | |
Padmaja Ruparel | Founder - IAN | Board & advisors |
Venkat Vallabhaneni | Partner - Parampara Capital | Board & advisors |
Saurabh Srivastava | Advisor | Board & advisors |
Arun Duggal | Advisor | Board & advisors |
Pankkaj Dhakite | AVP - Business Development (government & Institutions) | Team |
Vivin Kanchan | Sales Manager | Team |
Dattatray Galande | Manager-finance &accounts | Team |
Yamini Mittal | Manager-finance & Accounts | Team |
Mohit Singhvi | AVP - Corporate Affairs | Team |
Dheeraj Saini | Assistant Manager Service Sales | Team |
Renuka Nadar | Assistant Manager Accounts | Team |
Agastya Mishra | Assistant Program Manager | Team |
2 more people are available in the full profile.
Complete people profiles for Chakr Innovation
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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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.
Detailed financial statements for Chakr Innovation
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
- Founded Chakr Innovation is founded.
- Funding First funding round of $293K.
- Milestone Reaches Minicorn status.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| platino.co.in | 2022 | Chennai, India | – | 53 | Develops and supplies emission control devices for industrial diesel generators. | |
| itacat.eu | 1992 | Italy | – | – | Manufacturer of catalytic converters for gasoline and diesel engines | |
| exentechnologies.com | 2006 | Fallbrook, United States | $350,000 | – | Diesel engine efficiency is enhanced by hydrogen-infused fuel systems. | |
| vidaholdingscorp.com | 2006 | Mississauga, Canada | – | – | Provides comprehensive solutions for automotive emission control. | |
| tdho.eu | 2012 | Nieuwstadt, Netherlands | – | – | Fuel efficient and CO2 reduction technology for diesel engines | |
| rivotto.com | 2023 | Salt Lake, United States | $1.05M | – | Diesel engine technologies are developed to reduce emissions. | |
| antismog.co | 2017 | Paris, France | – | – | Provides technology for measuring and reducing emissions from combustion engines globally. | |
| sanjanaventures.com | 2023 | Mumbai, India | – | – | Develops, markets, sells, and invests in sustainable products for environmental protection. | |
| dieselemissioncontrol.com | 2009 | Penkridge, United Kingdom | – | – | Provides electronic platforms for diesel emission control and reduction in industrial applications. |
Detailed competitors of Chakr Innovation
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Chakr Innovation
The website of Chakr Innovation (chakr.in) receives about 9.1K visits a month.
- Monthly visits9.1K
▼ 14.7% vs previous month
Websites whose visitors overlap most with Chakr Innovation. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| araiindia.com | 100% | – | #685,379 | View details | |
cirtindia.com | cirtindia.com | 86% | – | #4,325,479 | – |
Latest news on Chakr Innovation
Complete news archive for Chakr Innovation
Full article history, source details, and older brand coverage require an active premium plan.
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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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for enterprise sustainability measurement, reporting, and action is provided. | 2019 | San Francisco, California, United States | USD 184.96 M | – | 295 | |
Weather intelligence and forecasting solutions are provided for industries. | 2016 | Boston, Massachusetts, United States | USD 374 M | – | 115 | |
Carbon dioxide is converted into products via renewable energy technology. | 2015 | Berkeley, California, United States | USD 472.37 M | – | – | |
Independent ratings and risk analytics for carbon projects are provided. | 2020 | London, England, United Kingdom | USD 109.21 M | – | – | |
Carbon dioxide is captured from the atmosphere by Carbon Engineering. | 2009 | Squamish, British Columbia, Canada | USD 107.06 M | – | – | |
Cloud-based solutions for crop management and analytics are offered. | 2016 | Durham, North Carolina, United States | USD 60.75 M | – | 103 | |
Microbe-based plant protection products and yield optimization services are provided. | 2013 | Boston, Massachusetts, United States | USD 1.4 B | – | – | |
Provider of modular carbon capture technology and industrial decarbonization solutions | 2009 | London, England, United Kingdom | USD 248.83 M | USD 7.24 M | – | |
Carbon footprints are tracked via an online platform for users. | 2010 | Wellington, New Zealand | USD 26.27 M | – | – | |
A platform for logistics emissions calculation and reporting is provided. | 2021 | London, England, United Kingdom | USD 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.
