About innODI Water Technologies
innODI Water Technologies is a company based in Bengaluru (India) founded in 2016 by Vijay Sampath and Sunil Ballal. innODI Water Technologies has raised $214.49 thousand across 2 funding rounds from investors including Hanuka Technology and Startup Karnataka. The company has 21 employees. innODI Water Technologies operates in a competitive market with competitors including Adionics, Voltea, ResinTech, LAT Water and Wacomet Water, among others.
- Headquarter Bengaluru, India
- Employees 21
- Founders Vijay Sampath, Sunil Ballal
- Stage Minicorn
- SectorsEnvironment
- Website innodi.in
- Social LinkedIn
- Legal Name Innodi Water Technologies Private Limited
- Date of Incorporation 22 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹81.3 Lakh
FY 2022 · -77% YoY
- Net Loss-₹1.52 Cr
FY 2022 · -187% margin
- EBITDA-₹1.21 Cr
FY 2022 · -149% margin
- Total Equity Funding$214.49K (USD)
in 2 rounds
- Latest Funding Round$214.49K (USD), Seed
Aug 2018
- InvestorsHanuka Technology
& 1 more
- Employee Count21
Associated legal entities of innODI Water Technologies
innODI Water Technologies operates through Innodi Water Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innodi Water Technologies Private Limited CIN U74999KA2016PTC098701 | Active | 22 Dec 2016 | Bangalore, Karnataka | ₹0.8 Cr | 21 | 3 | View details |
Funding Insights of innODI Water Technologies
innODI Water Technologies has successfully raised a total of $214.49K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $214.49 thousand completed in August 2018. 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 $214,487
- Total Rounds 2
- Last Round Seed — $214,487
- Investors Count 2
All 2 funding rounds of innODI Water Technologies 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 |
|---|---|---|---|---|---|
| Aug 2018 | $214,487 | Seed | $2.15M | – | |
| Aug 2017 | – | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2018 | $2.15M | •••••••• |
Last known valuation $2.15M (Aug 2018). 2 investors in total: 2 institutional.
Investors in innODI Water Technologies
innODI Water Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hanuka Technology and Startup Karnataka.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Machinery manufacturing services are provided by Hanuka Technology. | 2015 | hanukatechnology.tcc.mode | Bengaluru, India | |
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India |
Investor details for innODI Water Technologies
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- Complete investor list
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Board of directors of Innodi Water Technologies Private Limited (innODI Water Technologies)
Innodi Water Technologies Private Limited is the primary company behind innODI Water Technologies. The board of Innodi Water Technologies Private Limited currently have 3 directors; the longest-serving is Pradeep Thalappil, appointed in 2017. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pradeep Thalappil DIN 01878152 | Director | 25 Feb 2017 | 9 yrs 7 mo | Innodi Water Technologies Private Limited |
| Tullio Servida DIN 07678227 | Director | 25 Feb 2017 | 9 yrs 7 mo | Innodi Water Technologies Private Limited |
| Sunil Nidambur Ballal DIN 05354872 | Director | 01 Aug 2021 | 5 yrs 2 mo | Innodi Water Technologies Private Limited |
People of innODI Water Technologies
2 people are tracked at innODI Water Technologies (2 in leadership); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for innODI Water Technologies
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of innODI Water Technologies
Figures of Innodi Water Technologies Private Limited, the primary company behind innODI Water Technologies, for FY 2022. Revenue was ₹81.3 Lakh (-77% year on year). Net loss was -₹1.52 Cr (-187% margin). EBITDA was -₹1.21 Cr (-149% margin). Revenue has grown at a compounded annual rate of -33% over three years.
- ₹81.3 LakhRevenue · FY 2022 · -77% YoY
- -₹1.52 CrNet loss · -187% margin
- -₹1.21 CrEBITDA · -149% margin
- ₹1 LakhPaid-up capital
- 21Employees (provident fund records)
- -33%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Innodi Water Technologies Private Limited are on its company page.
Detailed financial statements for innODI Water Technologies
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of innODI Water Technologies
4 dated milestones of innODI Water Technologies across 2 years, from founding to its latest funding, stage changes and deals.
- Founded innODI Water Technologies is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $214K.
- Milestone Reaches Minicorn status.
Competitors of innODI Water Technologies
innODI Water Technologies 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 Adionics, Voltea, ResinTech, LAT Water and Wacomet Water, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adionics.com | 2012 | Paris, France | $40.25M | 21 | Deionization solvents are developed for brine water desalination processes. | |
| voltea.com | 2006 | Farmers Branch, United States | $22.87M | – | Provider of desalination products | |
| resintech.com | 1986 | Camden, United States | – | 393 | Ion exchange resins are manufactured for deionization and purification. | |
| latwater.com | 2018 | Thatcham, United Kingdom | $12.94M | – | Sustainable wastewater treatment and desalination technologies are developed and implemented. | |
| wacomet.com | 2021 | Sarasota, United States | $3M | – | Provider of solutions for distributed desalination water plants | |
| avsalt.com | 2019 | Lund, Sweden | – | – | Low-energy electric water desalination systems are developed. | |
| renix.ca | 2009 | London, Canada | – | – | Provider of advanced ion exchange technology for liquid separation and purification. This technology transforms batch-based operations into a steady-state platform, enabling efficient extraction of value from resources. Applications include ingredient purification, water recycling, metal recovery, and nutrient recycling. The platform evolved from research on steady-state processing and has undergone extensive testing and scale-up. It is currently implemented in food ingredient applications and expanding into other industries. | |
| avanaendeavours.in | 2016 | Chennai, India | – | – | Delivers comprehensive water and wastewater treatment solutions. |
Detailed competitors of innODI Water Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Similar companies to innODI Water Technologies
10 companies that operate in the same segment as innODI Water Technologies (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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Frequently Asked Questions about innODI Water Technologies
innODI Water Technologies was founded in 2016 and raised its 1st funding round 1 year after it was founded.
innODI Water Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vijay Sampath is the current CEO of innODI Water Technologies. They have also founded this company.
innODI Water Technologies is a funded company, having raised a total of $214.49K across 2 funding rounds to date.
innODI Water Technologies has 21 employees.
The primary company behind innODI Water Technologies, Innodi Water Technologies Private Limited, reported revenue of ₹81.3 Lakh for FY 2022, down 77% year on year.
Innodi is a technology solutions provider for water treatment. It offers technology based on Capacitive Deionization(CDI). Used in treating water with dissolved salts and metals. Claims to remove salinity from water without using resin or membrane filters. Used in homes, washing machines, laboratory, and others.
innODI Water Technologies has 2 investors. Key investors include Hanuka Technology, and Startup Karnataka.
The valuation of innODI Water Technologies is $2.15M as of Aug 2018.
innODI Water Technologies operates through Innodi Water Technologies Private Limited.
The legal entities of innODI Water Technologies currently have 3 directors, including Pradeep Thalappil, Sunil Nidambur Ballal, Tullio Servida.