Indra Systems

Mumbai, India Founded: 2018 • Age: 8 yrs
Water treatment systems are developed for sustainable wastewater recycling.
Annual revenue $415,160 Latest available
Total funding $4.3M 2 rounds
Employees 19 Tracked headcount
Investors 14 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Indra Systems

Indra Systems is a company based in Mumbai (India) founded in 2018 by Krunal Nitin Patel and Amrit Om Nayak. It operates as a Product-as-a-Service. Indra Systems has raised $4.28 million across 2 funding rounds from investors including Riidl, Mela Ventures and Peak Sustainability Ventures. The company has 19 employees as of April 08, 2024. Indra Systems offers products and services including Water Treatment Systems. Indra Systems operates in a competitive market with competitors including De Nora, Axine Water, Membrion, Aclarity and Soane Energy, among others.

  • Headquarter Mumbai, India
  • Employees 19 as on 08 Apr, 2024
  • Founders Krunal Nitin Patel, Amrit Om Nayak
  • Stage Minicorn
  • Sectors
    Environment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Inphlox Water Systems Pvt Ltd
  • Date of Incorporation 28 Feb, 2018
  • Jurisdiction Bhiwandi, Maharashtra, India
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $415.16 K (USD)
    313.41
    as on Mar 31, 2023
  • Net Profit
    -$17.12 K (USD)
    89.83
    as on Mar 31, 2023
  • EBITDA
    $4.05 K (USD)
    103.57
    as on Mar 31, 2023
  • Total Equity Funding
    $4.28 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.2 M (USD), Series A

    Feb 07, 2023

  • Investors
    Riidl

    & 13 more

  • Employee Count
    19

    as on Apr 08, 2024

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Products & Services of Indra Systems

Indra Systems offers a comprehensive portfolio of products and services, including Water Treatment Systems.

Product name locked
Category locked
Primary

Systems for recycling wastewater for non-potable reuse applications.

People of Indra Systems

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Amrit Om Nayak
Co-Founder & CEO
People
Maitrey Vartak
Senior Technology Manager
People
Gautam Patel
Associate Engineer
People
Mohd Affan Mandilkar
Senior Product Manager

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Funding Insights of Indra Systems

Indra Systems has successfully raised a total of $4.28M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.2 million completed in February 2023. 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.

Investors in Indra Systems

Indra Systems has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Riidl, Mela Ventures and Peak Sustainability Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Sustainable industrial innovation is supported through venture capital investments.
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Investments are made in B2B technology startups focusing on climate tech, enterprise SaaS, and deep tech.
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Early-stage venture capital fund focused on multiple sectors
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Investor details for Indra Systems

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Investments & Acquisitions by Indra Systems

Investments
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Investment portfolio details for Indra Systems

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Financial Statements - Indra Systems

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Detailed financials for Indra Systems

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Indra Systems Comparisons

Indra Systems Primary company
Description
Water treatment systems are developed for sustainable wastew...
Location
Mumbai, India
Founded Year
2018
Annual Revenue
$415.16 K (USD)
Net Profit
-$17.12 K (USD)
EBITDA
$4.05 K (USD)
Employees
19
As of 2024
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Peer comparison for Indra Systems

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Competitors of Indra Systems

Indra Systems 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 De Nora, Axine Water, Membrion, Aclarity and Soane Energy, among others.

Company Name Domain Founded year HQ Location Description
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Provider of energy-saving products and water treatment solutions
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Electrochemical oxidation technology is provided for industrial wastewater treatment.
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High-performance membranes for flow batteries are developed.
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Water treatment solutions are provided via electrochemical oxidation processes.
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Chemical solutions are developed for cleaner oil extraction.
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Water desalination units to purify produced water from oil and gas wells
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Detailed competitors of Indra Systems

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Latest news on Indra Systems

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Complete news archive for Indra Systems

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Frequently Asked Questions about Indra Systems

Indra Systems was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Indra Systems is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Amrit Om Nayak is the current CEO of Indra Systems. They have also founded this company.

Indra Systems is a funded company, having raised a total of $4.28M across 2 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Indra Systems is 19.

Annual revenue of Indra Systems is $415.16K as on Mar 31, 2023.

Economical, compact, and smart water treatment systems are provided by Indra Systems for recycling domestic and industrial wastewater for non-potable reuse. Solutions are focused on addressing global water challenges, including scarcity, pollution, and emerging contaminants. Support is offered to industries and societies to meet increasing water demands, enhance environmental stewardship, and comply with regulatory requirements. Innovation in sustainable water management is prioritized to drive efficiency and collaboration across sectors.

Indra Systems's top competitors include De Nora, Axine Water and Membrion.

Indra Systems offers Water Treatment Systems.

Indra Systems has 14 investors. Key investors include Riidl, Mela Ventures, Peak Sustainability Ventures, Protos Engineering, and Emerald Technology Ventures.

The valuation of Indra Systems is $10.59M as of Feb 2023.

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