About Devic Earth
Devic Earth is an Environment company based in Bengaluru (India) founded in 2018 by Shaguna Sinha, Shivani Sinha Sola, and Srikanth Sola. Pulsed radio frequency systems are used for air pollution reduction. Devic Earth has raised $2.72 million across 6 funding rounds from investors including Axilor Ventures, Blue Ashva Capital and Startup Karnataka. The company has 18 employees. Devic Earth was last valued at $8.2 million in March 2024. Its chief executive, as recorded, is Srikanth Sola. Its Indian entity Devic Earth Private Limited reported revenue of ₹2.90 Cr. Devic Earth offers products and services including Pure Skies. Its focus areas include Environment Tech, Air Pollution Management Tech, Air Purification and Purifiers.
Company details
Devic Earth was founded in 2018 in Bengaluru, India, focusing on environmental technology. Air pollution reduction systems based on pulsed radio frequency are developed and deployed by the company. These systems target particulate matter in ambient air across industries such as manufacturing, mining, and chemical processing. Large-scale applications are supported with low maintenance requirements and real-time monitoring of air quality data.
- Headquarters Bengaluru, India
- Employees 18
- Founders Shaguna Sinha, Shivani Sinha Sola, Srikanth Sola
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website devic-earth.com
- Social LinkedIn X Facebook YouTube
- Legal Name Devic Earth Private Limited
- Date of Incorporation 09 Mar, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.90 Cr
FY 2025 · +172% YoY
- Net Loss-₹2.58 Cr
FY 2025 · -89% margin
- EBITDA-₹2.35 Cr
FY 2025 · -81% margin
- Total Equity Funding$2.72M (USD)
in 6 rounds
- Latest Funding Round$234.04K (USD), Seed
Apr 2025
- InvestorsAxilor Ventures
& 7 more
- Employee Count18
Associated legal entities of Devic Earth
Devic Earth operates through Devic Earth 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 |
|---|---|---|---|---|---|---|---|
| Devic Earth Private Limited CIN U93090KA2018PTC110968 | Active | 09 Mar 2018 | Bangalore, Karnataka | ₹2.9 Cr | 18 | 3 | View details |
Products & Services of Devic Earth
Devic Earth offers a comprehensive portfolio of products and services, including Pure Skies.
Uses pulsed radio waves to reduce airborne pollutants in large urban and industrial areas.
Apps and channels of Devic Earth
its YouTube channel Devic Earth - Leader in Air Pollution Control Tech has 384 subscribers and 30 videos.
Videos from Devic Earth
The most watched videos on Devic Earth's YouTube channel, Devic Earth - Leader in Air Pollution Control Tech (384 subscribers). Click a video to play it here.
Funding Insights of Devic Earth
Devic Earth has successfully raised a total of $2.72M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $234.04 thousand completed in April 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 $2.72M
- Total Rounds 6
- Last Round Seed — $234,040
- First Round $20,922
(Sep 2018)
- Investors Count 8
All 6 funding rounds of Devic Earth 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 |
|---|---|---|---|---|---|
| Apr 2025 | $234,040 | Seed | – | Blue Ashva Capital | – |
| Mar 2024 | $965,086 | Seed | $8.2M | – | |
| Aug 2022 | $22,487 | Grant | – | – | |
| Dec 2020 | $1.36M | Seed | $4.76M | Blue Ashva Capital | – |
| Jan 2020 | $137,837 | Angel Round | $••••• | Rashmi Sudarshan | |
| Sep 2018 | $20,922 | Angel Round | $••••• | Manthena Sujatha | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $8.2M | •••••••• |
| Dec 2020 | $4.76M | •••••••• |
| Jan 2020 | $••••• | •••••••• |
| Sep 2018 | $••••• | •••••••• |
Full valuation and stage history of Devic Earth
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Last known valuation $8.2M (Mar 2024). 8 investors in total: 3 institutional and 5 angel.
Investors in Devic Earth
Devic Earth has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Axilor Ventures, Blue Ashva Capital and Startup Karnataka.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage startups in technology sectors. | 2014 | axilor.com | Bengaluru, India | |
Investment and incubation services in innovative and sustainable sectors. | 2019 | blueashvacapital.com | Singapore, Singapore | |
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India | |
RS Rashmi Sudarshan | unknown_38d796258d0e440f8 | |||
MS Manthena Sujatha | unknown_b671e051526643a39 | |||
SS Srikanth Sola | Angel investor, cardiologist, founder of Devic Earth, focused on health and sustainability | unknown_836e33526d514bd8a | ||
SS Shivani Sinha | unknown_e4556d32162e4ee79 | |||
SS Shaguna Sinha | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_b86cb837d2b94b6ba |
Investor details for Devic Earth
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Devic Earth Private Limited (Devic Earth)
Devic Earth Private Limited is the primary company behind Devic Earth. The board of Devic Earth Private Limited currently have 3 directors; the longest-serving is Shaguna Sinha, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shaguna Sinha DIN 08082598 | Director | 09 Mar 2018 | 8 yrs 7 mo | Devic Earth Private Limited |
| Srikanth Sola DIN 08082596 | Director | 09 Mar 2018 | 8 yrs 7 mo | Devic Earth Private Limited |
| Paresh Nanubhai Trivedi DIN 02559529 | Nominee Director | 20 Jan 2021 | 5 yrs 9 mo | Devic Earth Private Limited |
People of Devic Earth
3 people are tracked at Devic Earth (3 in leadership); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Shivani Sinha Sola | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for Devic Earth
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Devic Earth
Figures of Devic Earth Private Limited, the primary company behind Devic Earth, for FY 2025. Revenue was ₹2.90 Cr (+172% year on year). Net loss was -₹2.58 Cr (-89% margin). EBITDA was -₹2.35 Cr (-81% margin). Revenue has grown at a compounded annual rate of -9% over three years and +27% over five years.
- ₹2.90 CrRevenue · FY 2025 · +172% YoY
- -₹2.58 CrNet loss · -89% margin
- -₹2.35 CrEBITDA · -81% margin
- ₹1.06 CrPaid-up capital
- 18Employees (provident fund records)
- -9%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Devic Earth Private Limited are on its company page.
Detailed financial statements for Devic Earth
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Devic Earth
4 dated milestones of Devic Earth across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Devic Earth is founded.
- Funding First funding round of $21K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $234K.
Web traffic of Devic Earth
The website of Devic Earth (devic-earth.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▲ 54.2% vs previous month
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Related news about Devic Earth
Complete news archive for Devic Earth
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Frequently Asked Questions about Devic Earth
Devic Earth was founded in 2018.
Devic Earth is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Srikanth Sola is the CEO of Devic Earth, as recorded in our data. They have also founded this company.
Devic Earth is a funded company, having raised a total of $2.72M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $20.92K, raised on Sep 2018.
Devic Earth has 18 employees.
The primary company behind Devic Earth, Devic Earth Private Limited, reported revenue of ₹2.90 Cr for FY 2025, up 172% year on year.
Devic Earth was founded in 2018 in Bengaluru, India, focusing on environmental technology. Air pollution reduction systems based on pulsed radio frequency are developed and deployed by the company. These systems target particulate matter in ambient air across industries such as manufacturing, mining, and chemical processing. Large-scale applications are supported with low maintenance requirements and real-time monitoring of air quality data.
Devic Earth offers Pure Skies.
Devic Earth has 8 investors. Key investors include Axilor Ventures, Blue Ashva Capital, Startup Karnataka, Rashmi Sudarshan, and Manthena Sujatha.
The valuation of Devic Earth is $8.2M as of Mar 2024.
Devic Earth operates through Devic Earth Private Limited.
The legal entities of Devic Earth currently have 3 directors, including Shaguna Sinha, Paresh Nanubhai Trivedi, Srikanth Sola.