About Faclon Labs
Faclon Labs is an Environment company based in Mumbai (India) founded in 2016 by Rishi Sharma, Archit Naraniwal, and Utkarsh Srivastava. It operates as an industrial data and AI platform for decision intelligence is offered. It operates in the Environment and Technology sectors. Faclon Labs has raised $5.26 million across 9 funding rounds from investors including LetsVenture, Empower India and thinQbate. The company has 112 employees. Faclon Labs was last valued at $12.05 million in September 2023. Its chief executive is Rishi Sharma. Its Indian entity Faclon Labs Private Limited reported revenue of ₹14.01 Cr. Its focus areas include Environment Tech, Water and Wastewater Management Tech, Water Treatment Plant Automation and Operations Intelligence. Its competitors include Particle, PTC, Software AG, Relayr and Ayla Networks and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Faclon Labs was founded in 2016 in Mumbai, India, and operates in the industrial sector. An AI-driven platform is provided to connect and monitor assets, analyze data, and deliver insights for managing energy, water, processes, and sustainability compliance. Integration is supported through industrial protocols, IoT gateways, and APIs. Operating costs for utilities are reduced, downtime for critical assets is minimized, and machine productivity is enhanced.
- Headquarters Mumbai, India
- Employees 112
- Founders Rishi Sharma, Archit Naraniwal, Utkarsh Srivastava
- Stage Minicorn
- SectorsEnvironmentTechnology
- Email••••••••
- Phone•••• ••••
- Website faclon.com
- Social LinkedIn X Facebook
- Legal Name Faclon Labs Private Limited
- Date of Incorporation 13 Jun, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹14.01 Cr
FY 2024 · +79% YoY
- Net Loss-₹3.49 Cr
FY 2024 · -25% margin
- EBITDA-₹3.24 Cr
FY 2024 · -23% margin
- Total Equity Funding$5.26M (USD)
in 9 rounds
- Latest Funding Round$840.28K (USD), Series A
Oct 2025
- InvestorsLetsVenture
& 69 more
- Employee Count112
Associated legal entities of Faclon Labs
Faclon Labs operates through Faclon Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Faclon Labs Private Limited CIN U29309MH2016PTC282310 | Active | 13 Jun 2016 | Mumbai, Maharashtra | ₹14.0 Cr | 112 | 5 | View details |
Funding Insights of Faclon Labs
Faclon Labs has successfully raised a total of $5.26M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $840.28 thousand completed in October 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 $5.26M
- Total Rounds 9
- Last Round Series A — $840,279
- First Round $23,529
(Oct 2016)
- Investors Count 70
All 9 funding rounds of Faclon Labs 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 |
|---|---|---|---|---|---|
| Oct 2025 | $840,279 | Series A | – | – | – |
| Mar 2025 | $1.16M | Series A | – | – | – |
| Aug 2024 | $466,567 | Angel Round | – | Srinivasan Namala, Sameer Sainani | |
| Sep 2023 | $12,200 | Series A | $12.05M | Harikrishna Ramesh Valiyath | – |
| Jul 2022 | $2.18M | Series A | $9.61M | Empower India, ANIM | |
| Mar 2021 | – | Seed | $••••• | LetsVenture | – |
| Feb 2020 | $359,953 | Seed | $••••• | Street Smart Financial | |
| May 2017 | $218,895 | Seed | $••••• | Vish Sathappan, Paula Mariwala | |
| Oct 2016 | $23,529 | Seed | $••••• | thinQbate | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2023 | $12.05M | •••••••• |
| Jul 2022 | $9.61M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
| Feb 2020 | $••••• | •••••••• |
| May 2017 | $••••• | •••••••• |
Full valuation and stage history of Faclon Labs
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Last known valuation $12.05M (Sep 2023). 70 investors in total: 18 institutional and 52 angel.
Investors in Faclon Labs
Faclon Labs has secured backing from 70 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include LetsVenture, Empower India and thinQbate.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | – | kftrust.tcc.mode | Waitoa, New Zealand | |
Private equity investments are managed across diverse sectors. | – | casella.tcc.mode | - | |
Multiple sectors are invested in by Anim's private equity approach. | – | anim.tcc.mode | - | |
Multiple sectors are invested in by the private equity firm. | – | artiandaditya.tcc.mode | - | |
Venture capital firm focused on multiple sectors | – | animfund.com | London, United Kingdom | |
Private equity investments are directed toward multiple sectors. | – | annarush.tcc.mode | Ahmedabad, India | |
Venture capital fund focused on early-stage startups | – | aaremventures.tcc.mode | Mumbai, India | |
Startup incubation and community support services in Mumbai. | 2016 | thinqbate.com | Mumbai, India | |
Private equity firm focused on multiple sectors | – | Aaremventures.tcc.mode | Mumbai, India | |
Business processes and technology management services are provided. | 1981 | empowerindia.in | Mumbai, India |
Investor details for Faclon Labs
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Board of directors of Faclon Labs Private Limited (Faclon Labs)
Faclon Labs Private Limited is the primary company behind Faclon Labs. The board of Faclon Labs Private Limited currently have 5 directors; the longest-serving is Utkarsh Srivastava Narain, appointed in 2016. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Utkarsh Srivastava Narain DIN 07519300 | Whole-time director | 13 Jun 2016 | 10 yrs 4 mo | Faclon Labs Private Limited |
| Archit Naraniwal DIN 07519298 | Whole-time director | 13 Jun 2016 | 10 yrs 4 mo | Faclon Labs Private Limited |
| Rishi Sharma DIN 07519299 | Whole-time director | 13 Jun 2016 | 10 yrs 4 mo | Faclon Labs Private Limited |
| Sarjan Pankaj Shah DIN 02251956 | Director | 09 Sep 2020 | 6 yrs 1 mo | Faclon Labs Private Limited |
| Siddharth Gautam Mehra DIN 06454215 | Director | 01 Apr 2025 | 1 yr 6 mo | Faclon Labs Private Limited |
People of Faclon Labs
31 people are tracked at Faclon Labs (14 in leadership, 17 in team); the tracked headcount is 112.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CTO | Leadership | |
Aditya Vora | Assistant Marketing Head | Leadership |
Mukesh Devanda | Chief Revenue Officer | Leadership |
Parth Chaudhary | Head of Sales and Business Development | Leadership |
Siddhant Somani | Sales Head West Region - Iiot Consultant | Leadership |
| Chief Technology Officer | Leadership | |
Vivek Singh | Chief Data Science Officer | Leadership |
Shikhar Singh | Chief Human Resources Officer | Leadership |
Sushmita Singh | Co-founder And Product | Leadership |
Anshita Chouhan | Head Of Human Resources | Leadership |
Arya Gada | Chief Of Staff | Leadership |
Vivek Kumar Jaiswal | Director Of US Sales & Growth | Leadership |
Ethan Bartel | Business Development Executive | Team |
Amitesh Gupta | Backend Developer | Team |
Rathina Vinoth | Regional Sales Manager - South India | Team |
Pragya Sareen | Key Account Manager | Team |
Meet Shah | IoT Engineer | Team |
Nikhil Wagh | Senior Iot Engineer | Team |
11 more people are available in the full profile.
Complete people profiles for Faclon Labs
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Financials of Faclon Labs
Figures of Faclon Labs Private Limited, the primary company behind Faclon Labs, for FY 2024. Revenue was ₹14.01 Cr (+79% year on year). Net loss was -₹3.49 Cr (-25% margin). EBITDA was -₹3.24 Cr (-23% margin). Revenue has grown at a compounded annual rate of +106% over three years and +83% over five years.
- ₹14.01 CrRevenue · FY 2024 · +79% YoY
- -₹3.49 CrNet loss · -25% margin
- -₹3.24 CrEBITDA · -23% margin
- ₹2 LakhPaid-up capital
- 112Employees (provident fund records)
- +106%Revenue CAGR, 3 years
- +83%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Faclon Labs Private Limited are on its company page.
Detailed financial statements for Faclon Labs
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Timeline of Faclon Labs
4 dated milestones of Faclon Labs across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Faclon Labs is founded.
- Funding First funding round of $24K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $840K.
Competitors of Faclon Labs
Faclon Labs has 8 listed competitors in our database, 6 of them funded. They include Particle, PTC, Software AG, Relayr and Ayla Networks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| ptc.com | 1985 | Boston, United States | – | 353 | PTC is recognized as a global leader in product lifecycle management software. | |
| softwareag.com | 1969 | Darmstadt, Germany | – | – | Provider of data integration, application modernization, and digital transformation solutions | |
| relayr.io | 2013 | Berlin, Germany | $86.2M | 109 | Middleware and IoT solutions are provided for enterprise digital transformation. | |
| aylanetworks.com | 2010 | Milpitas, United States | $144.4M | 75 | Provider of a platform for IoT and edge computing applications | |
| vantiq.com | 2014 | Walnut Creek, United States | $56.39M | – | Cloud-based end-to-end IoT platforms are provided by Vantiq. | |
| klir.com | 2017 | Reno, United States | $19.25M | – | Integrated water management software is offered to utilities for compliance. | |
| flutura.com | 2012 | Houston, United States | $9.62M | – | End to end IoT platform for asset monitoring |
Detailed competitors of Faclon Labs
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Web traffic of Faclon Labs
The website of Faclon Labs (faclon.com) receives about 8.3K visits a month.
- Monthly visits8.3K
▼ 41.1% vs previous month
Websites whose visitors overlap most with Faclon Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| biz4intellia.com | 100% | 2.2K | #7,822,751 | View details | |
smartertechnologies.com | smartertechnologies.com | 95% | – | #1,698,908 | – |
| kiprosh.com | 95% | 10.9K | #2,187,733 | View details | |
| falkonry.com | 85% | 2.1K | #8,030,523 | View details | |
| accruent.com | 83% | 156.5K | #285,135 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Faclon Labs
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Top companies in Waste & Water Management Systems
10 companies that operate in the same segment as Faclon Labs (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Related news about Faclon Labs
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Frequently Asked Questions about Faclon Labs
Faclon Labs was founded in 2016.
Faclon Labs is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rishi Sharma is the current CEO of Faclon Labs. They have also founded this company.
Faclon Labs is a funded company, having raised a total of $5.26M across 9 funding rounds to date. The company's 1st funding round was a Seed of $23.53K, raised on Oct 2016.
Faclon Labs has 112 employees.
The primary company behind Faclon Labs, Faclon Labs Private Limited, reported revenue of ₹14.01 Cr for FY 2024, up 79% year on year.
Faclon Labs was founded in 2016 in Mumbai, India, and operates in the industrial sector. An AI-driven platform is provided to connect and monitor assets, analyze data, and deliver insights for managing energy, water, processes, and sustainability compliance. Integration is supported through industrial protocols, IoT gateways, and APIs. Operating costs for utilities are reduced, downtime for critical assets is minimized, and machine productivity is enhanced.
Faclon Labs's top competitors include Particle, Software AG and PTC.
Faclon Labs has 70 investors. Key investors include LetsVenture, Empower India, thinQbate, Supreme Overseas, and Empower India Foundation.
The valuation of Faclon Labs is $12.05M as of Sep 2023.
Faclon Labs operates through Faclon Labs Private Limited.
The legal entities of Faclon Labs currently have 5 directors, including Utkarsh Srivastava Narain, Archit Naraniwal, Rishi Sharma and others.