G.E.T. Water Solutions

Chennai, India Founded: 1998 • Age: 28 yrs Minicorn Acquired By Aspirify Energy
Industrial wastewater treatment services are provided to various sectors.

About G.E.T. Water Solutions

G.E.T. Water Solutions is an Environment company based in Chennai (India) founded in 1998, and was acquired by Aspirify Energy in February 2017. Industrial wastewater treatment services are provided to various sectors. The company has 19 employees. G.E.T. Water Solutions was last valued at $1.33 million in May 2010. Its Indian entity G.E.T. Water Solutions Private Limited reported revenue of β‚Ή18.70 Cr. G.E.T. Water Solutions offers products and services including Sand Filter, Activated Carbon Filter, Softener, DM Plants, and Reverse Osmosis. Its focus areas include Waste & Water Management, Wastewater Management, Treatment and Industrial. Its competitors include Concord Enviro, Praj and Spray Engineering; 1 of its 3 listed competitors has raised funding.

Company details

G.E.T. Water Solutions was founded in 1998 in Chennai, India, within the environmental services sector. Industrial wastewater treatment is handled through specialized processes and solutions tailored for manufacturing and other industries. Operations are centered in India, with services encompassing treatment, management, and compliance support. Ownership is attributed to Elango Kamalasekaran, guiding the companys focus on practical wastewater solutions.

  • Headquarters Chennai, India
  • Employees 19
  • Stage Acquired
  • Sectors
    Environment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website getwaters.com
  • Social LinkedIn
  • Acquired by Aspirify Energy (Feb 2017)
  • Legal Name G.E.T. Water Solutions Private Limited
  • Date of Incorporation 03 Jul, 2000
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹18.70 Cr

    FY 2023 · +47% YoY

  • Net Profit
    ₹54.3 Lakh

    FY 2023 · 3% margin

  • EBITDA
    -₹9.68 Cr

    FY 2023 · -52% margin

  • Latest Funding Round
    $1.07M (USD), Unspecified

    May 2010

  • Investors
  • Employee Count
    19
  • Acquired by

Products & Services of G.E.T. Water Solutions

G.E.T. Water Solutions offers a comprehensive portfolio of products and services, including Sand Filter, Activated Carbon Filter, Softener, DM Plants, and Reverse Osmosis.

Sand Filter
Filtration

Removes impurities from water for purification.

Activated Carbon Filter
Filtration

Eliminates organic compounds from water sources.

Softener
Water Treatment

Reduces hardness in water for industrial use.

DM Plants
Purification

Produces demineralized water for various applications.

Reverse Osmosis
Filtration

Filters water to remove salts and contaminants.

Ultra Filtration
Filtration

Separates particles from water efficiently.

Nano Filtration
Filtration

Removes small molecules from water streams.

Clarifiers
Sedimentation

Settles solids from water for clearer output.

Ozonators
Disinfection

Uses ozone to disinfect water effectively.

Funding Insights of G.E.T. Water Solutions

  • Total Rounds 1
  • Last Round Unspecified β€” $1.07M
  • First Round $1.07M

    (May 2010)

  • Investors Count 1

All 1 funding rounds of G.E.T. Water Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2010$1.07MUnspecified$1.33MClearwater Capital Partners
–
Valuation history
DateValuationStage
May 2010$1.33Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.33M (May 2010). 2 investors in total: 2 institutional.

Investors in G.E.T. Water Solutions

G.E.T. Water Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Clearwater Capital Partners and Aspirify Energy.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on multiple sectors
2001clearwatercapitalpartners.comWilton, United States
Provides sustainable waste to energy projects and solar power advisory.
2016aspirifyenergy.comPune, India
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Investor details for G.E.T. Water Solutions

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Board of directors of G.E.T. Water Solutions Private Limited (G.E.T. Water Solutions)

G.E.T. Water Solutions Private Limited is the primary company behind G.E.T. Water Solutions. The boards of the 2 registered companies of G.E.T. Water Solutions currently have 4 directors; the longest-serving is Cyril Christanand Gubbi, appointed in 2003. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Cyril Christanand Gubbi
DIN 02207869
Director01 Nov 200322 yrs 11 moG.E.T. Water Solutions Private Limited
Shrichand Shamandas Aswani
DIN 06399116
Director10 Feb 201610 yrs 8 moAspirify Environment Private Limited
Sujay Pradeep Kalele
DIN 03476117
Director10 Feb 201610 yrs 8 moAspirify Environment Private Limited
Shirley Sunitha Gubbi
DIN 07110322
Director29 Aug 20224 yrs 1 moG.E.T. Water Solutions Private Limited

People of G.E.T. Water Solutions

1 people are tracked at G.E.T. Water Solutions (1 in leadership); the tracked headcount is 19.

NameRoleGroup
Elango Kamalasekaran
OwnerLeadership
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Financials of G.E.T. Water Solutions

Figures of G.E.T. Water Solutions Private Limited, the primary company behind G.E.T. Water Solutions, for FY 2023. Revenue was ₹18.70 Cr (+47% year on year). Net profit was ₹54.3 Lakh (3% margin). EBITDA was -₹9.68 Cr (-52% margin). Revenue has grown at a compounded annual rate of +10% over five years.

  • ₹18.70 CrRevenue · FY 2023 · +47% YoY
  • ₹54.3 LakhNet profit · 3% margin
  • -₹9.68 CrEBITDA · -52% margin
  • ₹8.95 CrPaid-up capital
  • 19Employees (provident fund records)
  • +10%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of G.E.T. Water Solutions Private Limited are on its company page.

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Detailed financial statements for G.E.T. Water Solutions

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Timeline of G.E.T. Water Solutions

4 dated milestones of G.E.T. Water Solutions across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded G.E.T. Water Solutions is founded.
  2. Funding First funding round of $1.1M.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by Aspirify Energy.

Competitors of G.E.T. Water Solutions

G.E.T. Water Solutions has 3 listed competitors in our database, 1 of them funded. They include Concord Enviro, Praj and Spray Engineering.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
concordenviro.in1992Mumbai, India$21M543
Industrial wastewater treatment and waste management services are provided.
praj.net1983Pune, India1,458
Bioethanol and wastewater treatment services are provided alongside biofuel research.
sprayengineering.com1992Sahibzada Ajit Singh Nagar, India
Energy-efficient equipment is engineered for sugar and water industries.
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Detailed competitors of G.E.T. Water Solutions

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Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as G.E.T. Water Solutions (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M
Tech-based solid waste management and recycling solutions are provided.
2008Noida, Uttar Pradesh, IndiaUSD 31.1 MUSD 52.13 M106
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Related news about G.E.T. Water Solutions

Aspirify buys Clearwater-backed GET Waters
Economictimes β€’ 9 years ago
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Frequently Asked Questions about G.E.T. Water Solutions

G.E.T. Water Solutions was founded in 1998 and raised its 1st funding round 12 years after it was founded.

G.E.T. Water Solutions is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

G.E.T. Water Solutions has 19 employees.

The primary company behind G.E.T. Water Solutions, G.E.T. Water Solutions Private Limited, reported revenue of β‚Ή18.70 Cr for FY 2023, up 47% year on year.

G.E.T. Water Solutions was founded in 1998 in Chennai, India, within the environmental services sector. Industrial wastewater treatment is handled through specialized processes and solutions tailored for manufacturing and other industries. Operations are centered in India, with services encompassing treatment, management, and compliance support. Ownership is attributed to Elango Kamalasekaran, guiding the companys focus on practical wastewater solutions.

G.E.T. Water Solutions's top competitors include Concord Enviro, Praj and Spray Engineering.

G.E.T. Water Solutions offers Sand Filter, Activated Carbon Filter, Softener, DM Plants, and 5 more products and services.

G.E.T. Water Solutions has 2 investors. Key investors include Clearwater Capital Partners, and Aspirify Energy.

The valuation of G.E.T. Water Solutions is $1.33M as of May 2010.

G.E.T. Water Solutions is associated with 2 legal entities: G.E.T. Water Solutions Private Limited, Aspirify Environment Private Limited.

Yes. G.E.T. Water Solutions was acquired by Aspirify Energy in February 2017.

The legal entities of G.E.T. Water Solutions currently have 4 directors, including Shrichand Shamandas Aswani, Sujay Pradeep Kalele, Cyril Christanand Gubbi and others.

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