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 as of March 30, 2024. 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 as on 30 Mar, 2024
- Founders Vijay Sampath, Sunil Ballal
- Stage Minicorn
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Sectors
Environment
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Phone
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Website
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Social
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- Legal Name Innodi Water Technologies Private Limited
- Date of Incorporation 22 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$481.36 K (USD)151.82as on Mar 31, 2021
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Net Profit
-$27.35 K (USD)73.66as on Mar 31, 2021
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EBITDA
-$13.86 K (USD)87.15as on Mar 31, 2021
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Total Equity Funding
$214.49 K (USD)
in 2 rounds
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Latest Funding Round
$214.49 K (USD), Seed
Aug 20, 2018
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Investors
Hanuka Technology
& 1 more
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Employee Count
21
as on Mar 30, 2024
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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.
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.
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Machinery manufacturing services are provided by Hanuka Technology.
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Support for startups in Karnataka is delivered through policies, funding, and networking services.
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Investor details for innODI Water Technologies
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Investments & Acquisitions by innODI Water Technologies
Investment portfolio details for innODI Water Technologies
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Financial Statements - innODI Water Technologies
Detailed financials for innODI Water Technologies
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Innodi Water Technologies Comparisons
Peer comparison for innODI Water Technologies
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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.
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Deionization solvents are developed for brine water desalination processes.
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Provider of desalination products
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Ion exchange resins are manufactured for deionization and purification.
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Sustainable wastewater treatment and desalination technologies are developed and implemented.
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Provider of solutions for distributed desalination water plants
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Low-energy electric water desalination systems are developed.
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Detailed competitors of innODI Water Technologies
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Latest news on Innodi Water Technologies
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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.
As of Mar 30, 2024, the latest employee count at innODI Water Technologies is 21.
Annual revenue of innODI Water Technologies is $481.36K as on Mar 31, 2021.
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.