Ecozen Solutions

Pune, India Founded: 2010 • Age: 16 yrs Minicorn
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture

About Ecozen Solutions

Ecozen Solutions is an Environment company based in Pune (India) founded in 2010 by Prateek Singhal, Vivek Pandey, and Devendra Gupta. It operates in the Environment, Agriculture, and Energy & Utilities sectors. Ecozen Solutions has raised $76.38 million across 16 funding rounds from investors including Axis Bank, Northern Arc Capital and HDFC Bank. The company has 702 employees. Ecozen Solutions was last valued at $54.7 million in April 2024. Its chief executive is Devendra Gupta. Its website ecozensolutions.com draws about 11 thousand monthly visits. Its Indian entity Ecozen Solutions Private Limited reported revenue of β‚Ή1,160 Cr. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Equipment and Smart Solar Water Pumps. Its competitors include SunCulture, Futurepump, Agros, Niagara Automation and Intech Harness and 1 more; 3 of its 6 listed competitors have raised funding.

Company details

Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture. It is a technology company that provides sustainable solutions for the agriculture and renewable energy sectors. Their products and services include solar-powered irrigation systems and cold storage solutions that help reduce energy consumption and improve food safety.

  • Headquarters Pune, India
  • Employees 702
  • Founders Prateek Singhal, Vivek Pandey, Devendra Gupta
  • Stage Minicorn
  • Sectors
    Environment
    Agriculture Energy & Utilities
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website ecozensolutions.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Ecozen Solutions Private Limited
  • Date of Incorporation 20 Oct, 2010
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹1,160 Cr

    FY 2025 · +150% YoY

  • Net Profit
    ₹95.04 Cr

    FY 2025 · 8% margin

  • EBITDA
    ₹164 Cr

    FY 2025 · 14% margin

  • Total Equity Funding
    $76.38M (USD)

    in 16 rounds

  • Latest Funding Round
    $12.51M (USD), Debt – Conventional

    Nov 2025

  • Investors
    Axis Bank

    & 24 more

  • Employee Count
    702

Funding Insights of Ecozen Solutions

Ecozen Solutions has successfully raised a total of $76.38M across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $12.51 million completed in November 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 $76.38M
  • Total Rounds 16
  • Last Round Debt – Conventional β€” $12.51M
  • First Round $24,619

    (Dec 2013)

  • Investors Count 25

Latest 10 of 16 funding rounds of Ecozen Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2025$12.51MDebt – Conventional–UTI AMC
–
Jan 2025$23MDebt – Conventional––
Apr 2024–Debt – Conventional––
Apr 2024$30MSeries C$54.7MNuveen
Jan 2023–Debt – Conventional––
Jan 2023$25MSeries C–Nuveen, Dare Ventures
Dec 2022$11.54MSeries C$39.63MNuveen
Jun 2022–Debt – Conventional––
Jun 2022$2.49MSeries C$β€’β€’β€’β€’β€’Dare Ventures, Triodos Bank
Dec 2020–Grant––
Valuation history
DateValuationStage
Apr 2024$54.7Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2022$39.63Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2022$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jan 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $54.7M (Apr 2024). 25 investors in total: 25 institutional.

Investors in Ecozen Solutions

Ecozen Solutions has secured backing from 25 investors, including institutional and venture fund investors. Prominent investors backing the company include Axis Bank, Northern Arc Capital and HDFC Bank.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm
2003responsability.comZurich, Switzerland
Government agency supporting the development of SMEs
2019dfc.gov-
Private debt fund focused on climate tech sectors
–incredcreditfund.tcc.mode-
Agritech startups are funded by Omnivore, a venture capital entity.
–omnivore.vcMumbai, India
Multiple sectors are invested in by the venture capital firm.
–eximbankindia.inMumbai, India
-
–dareventures.tcc.mode-
Impact investments are managed by the B Corp-certified firm.
–caspian.inHyderabad, India
Diversified investment portfolios are managed for various clients.
–triodos-im.comDriebergen Rijsenburg, Netherlands
Investment advisory and fund management services for SMEs and agriculture in India.
2005caspianequity.inHyderabad, India
Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors.
2001villgro.orgChennai, India
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Board of directors of Ecozen Solutions Private Limited (Ecozen Solutions)

Ecozen Solutions Private Limited is the primary company behind Ecozen Solutions. The boards of the 2 registered companies of Ecozen Solutions currently have 10 directors; the longest-serving is Devendra Gupta, appointed in 2010. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Devendra Gupta
DIN 03201415
Director20 Oct 201015 yrs 11 moEcozen Solutions Private Limited, Ecofrost Technologies Private Limited
Prateek Singhal
DIN 03206915
Director20 Oct 201015 yrs 11 moEcozen Solutions Private Limited, Ecofrost Technologies Private Limited
Vivek Pandey
DIN 05341600
Director29 Sep 201214 yrsEcozen Solutions Private Limited, Ecofrost Technologies Private Limited
Venkata Narasimham Bulusu
DIN 00061629
Nominee Director12 Jul 20197 yrs 3 moEcozen Solutions Private Limited, Ecofrost Technologies Private Limited
Rekha Natrajan Unnithan
DIN 08354141
Nominee Director24 Mar 20233 yrs 6 moEcofrost Technologies Private Limited
Christopher Kelley Steinbaugh
DIN 10183654
Nominee Director09 Aug 20233 yrs 2 moEcozen Solutions Private Limited, Ecofrost Technologies Private Limited
Subhadeep Sanyal
DIN 06578771
Nominee Director28 Nov 20241 yr 10 moEcofrost Technologies Private Limited
Jinesh Bharat Shah
DIN 02451780
Nominee Director12 Aug 20251 yr 2 moEcozen Solutions Private Limited, Ecofrost Technologies Private Limited
Abhijit Vijay Bhabhe
DIN 01335232
Director08 Jan 20269 moEcozen Solutions Private Limited
Isabel Shi Ying Tay
DIN 11599352
Nominee Director10 Jul 20263 moEcozen Solutions Private Limited

People of Ecozen Solutions

57 people are tracked at Ecozen Solutions (20 in leadership, 37 in team); the tracked headcount is 702.

NameRoleGroup
Co-Founder & COOLeadership
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
Ravindra Dolare
PresidentLeadership
Jason R.
Head MarketingLeadership
Harshal Patil
Zonal Head, BD & Sales OperationsLeadership
Avishek Brahma
VP Sourcing & Supply ChainLeadership
Kamlesh Samaliya
Vice President Of Business DevelopmentLeadership
Pankaj Sehra
Vice President OperationsLeadership
JAISON JOHNS
Head Of SalesLeadership
Shrirang Deshpande
National Sales HeadLeadership
Anirudh Pachisia
Chief Financial OfficerLeadership
Pramod Majety
Vice President StrategyLeadership
Sameer Naigaonker
Sales Operations HeadLeadership
Shantanu Kulkarni
Deputy General ManagerLeadership
Dhawal Goyal
Vice President - IoT and New InitiativesLeadership
Rohit Tupkari
Associate Vice President Product ManagementLeadership
Shubham Soni
Export HeadLeadership
Ankur Pandey
Head of Service Solar PumpingLeadership
Radhika B.
Head Human ResourcesLeadership

37 more people are available in the full profile.

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Financials of Ecozen Solutions

Figures of Ecozen Solutions Private Limited, the primary company behind Ecozen Solutions, for FY 2025. Revenue was ₹1,160 Cr (+150% year on year). Net profit was ₹95.04 Cr (8% margin). EBITDA was ₹164 Cr (14% margin). Revenue has grown at a compounded annual rate of +111% over three years.

  • ₹1,160 CrRevenue · FY 2025 · +150% YoY
  • ₹95.04 CrNet profit · 8% margin
  • ₹164 CrEBITDA · 14% margin
  • ₹1.01 CrPaid-up capital
  • 111Employees (provident fund records)
  • +111%Revenue CAGR, 3 years

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

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Timeline of Ecozen Solutions

4 dated milestones of Ecozen Solutions across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ecozen Solutions is founded.
  2. Funding First funding round of $25K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Debt – Conventional, of $12.5M.

Competitors of Ecozen Solutions

Ecozen Solutions has 6 listed competitors in our database, 3 of them funded. They include SunCulture, Futurepump, Agros, Niagara Automation and Intech Harness, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sunculture.io2012Nairobi, Kenya$45.5M–
Solar-powered irrigation systems are provided to smallholder farmers.
futurepump.com2012Nairobi, Kenya$973,71133
Designs, develop, and manufacture solar powered irrigation pumps
agrosglobal.com2019Singapore$6.95M–
Sustainable farming solutions are provided for fruit and vegetable farmers.
niagaraautomation.com2005Coimbatore, India––
Manufactures and supplies automatic water pump controller systems for industrial use.
intechharness.com2018Pune, India––
IoT-based automated water pump controllers are provided for water management.
vyoda.com2007Mysuru, India–14
Solar-powered pumps and smart irrigation solutions are manufactured for agriculture.
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Web traffic of Ecozen Solutions

The website of Ecozen Solutions (ecozensolutions.com) receives about 11.5K visits a month.

  • Monthly visits
    11.5K

    ▲ 29.9% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pmsuryodayyojanaonline.in
pmsuryodayyojanaonline.in
100%
–––
inficold.com
35%
3.5K#4,914,677View details

Top companies in Waste & Water Management Systems

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Wastewater and energy management services are provided internationally.
1853Aubervilliers, Seine-saint-denis, France–USD 52.17 B215,040
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Waste collection and management services are provided nationwide.
1968Houston, Texas, United States–USD 25.2 B61,700
Integrated waste management services are provided nationwide.
1998Phoenix, Arizona, United States–USD 16.59 B42,000
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M–
Sensor-based sorting and recycling solutions are provided for multiple industries.
1972Asker, Viken, Norway–USD 1.53 B4,950
Smart water dispensers with flavored options are provided for offices.
2013Boston, Massachusetts, United StatesUSD 135.53 M–102
Surplus goods are shared among neighbors through a mobile app.
2015London, England, United KingdomUSD 51.2 M––
Water and waste treatment services are provided worldwide.
1966London, England, United Kingdom–USD 4.18 B9,750
Diversified multi-utility and waste management services are delivered by Hera.
2002Bologna, Emilia-romagna, Italy–USD 15.05 B–
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Frequently Asked Questions about Ecozen Solutions

Ecozen Solutions was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Ecozen Solutions is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Devendra Gupta is the current CEO of Ecozen Solutions. They have also founded this company.

Ecozen Solutions is a funded company, having raised a total of $76.38M across 16 funding rounds to date.

Ecozen Solutions has 702 employees.

The primary company behind Ecozen Solutions, Ecozen Solutions Private Limited, reported revenue of β‚Ή1,160 Cr for FY 2025, up 150% year on year.

Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture. It is a technology company that provides sustainable solutions for the agriculture and renewable energy sectors. Their products and services include solar-powered irrigation systems and cold storage solutions that help reduce energy consumption and improve food safety.

Ecozen Solutions's top competitors include SunCulture, Agros and Futurepump.

Ecozen Solutions has 25 investors. Key investors include Axis Bank, Northern Arc Capital, HDFC Bank, DBS Bank, and UC Inclusive Credit.

The valuation of Ecozen Solutions is $54.7M as of Apr 2024.

Ecozen Solutions is associated with 2 legal entities: Ecozen Solutions Private Limited, Ecofrost Technologies Private Limited.

The legal entities of Ecozen Solutions currently have 13 directors, including Venkata Narasimham Bulusu, Devendra Gupta, Prateek Singhal and others.

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