About PI Green Innovations
PI Green Innovations is an Environment company based in Pune (India) founded in 2019 by Shantanu Sonaikar, Rizwan Shaikh, and Irfan Pathan. PI Green Innovations has raised $5 million across 2 funding rounds from investors including Opus Technologies, JCSS Global and Rashma Krishnamurthy. The company has 69 employees. PI Green Innovations was last valued at $18.44 million in August 2021. Its chief executive, as recorded, is Irfan Pathan. Its Indian entity Pi Green Innovations Private Limited reported revenue of ₹76.97 Cr. Its focus areas include Environment Tech, Air Pollution Management Tech, Air Purification and Diversified.
Company details
PI Green Innovations was founded in 2019 in Pune, India, within the environmental technology sector. Products including ambient air purifiers and net-zero emission systems are designed and manufactured for automobiles, gensets, and industrial applications. Repair services for the equipment are also provided. Operations focus on improving air quality through these solutions, with activities centered in India.
- Headquarters Pune, India
- Employees 69
- Founders Shantanu Sonaikar, Rizwan Shaikh, Irfan Pathan
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website pigreeninnovations.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Pi Green Innovations Private Limited
- Date of Incorporation 25 Apr, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹76.97 Cr
FY 2025 · +2% YoY
- Net Loss-₹1.06 Cr
FY 2025 · -1% margin
- EBITDA₹2.84 Cr
FY 2025 · 4% margin
- Total Equity Funding$5M (USD)
in 2 rounds
- Latest Funding Round$4.69M (USD), Series A
Aug 2021
- InvestorsOpus Technologies
& 3 more
- Employee Count69
Associated legal entities of PI Green Innovations
PI Green Innovations operates through Pi Green Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pi Green Innovations Private Limited CIN U29100PN2019PTC183743 | Active | 25 Apr 2019 | Khed, Maharashtra | ₹77.0 Cr | 69 | 3 | View details |
Apps and channels of PI Green Innovations
its YouTube channel PI Green Innovations has 119 subscribers and 2 videos.
Videos from PI Green Innovations
The most watched videos on PI Green Innovations's YouTube channel, PI Green Innovations (119 subscribers). Click a video to play it here.
More on PI Green Innovations.
Funding Insights of PI Green Innovations
PI Green Innovations has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.69 million completed in August 2021. 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 $5M
- Total Rounds 2
- Last Round Series A — $4.69M
- First Round $313,924
(Sep 2019)
- Investors Count 4
All 2 funding rounds of PI Green Innovations 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 2021 | $4.69M | Series A | $18.44M | Opus Technologies | |
| Sep 2019 | $313,924 | Seed | $2.51M | Harshal Chandrakant Morde | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2021 | $18.44M | •••••••• |
| Sep 2019 | $2.51M | •••••••• |
Last known valuation $18.44M (Aug 2021). 4 investors in total: 2 institutional and 2 angel.
Investors in PI Green Innovations
PI Green Innovations has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Opus Technologies, JCSS Global and Rashma Krishnamurthy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tax, audit, and consulting services are provided by JCSS Global. | 2011 | jcssglobal.com | Bengaluru, India | |
Cross-border payments are processed via AI-enabled omnichannel networks. | 1997 | opustechglobal.com | Alpharetta, United States | |
RK Rashma Krishnamurthy | unknown_a4416eb255a6421ea | |||
HC Harshal Chandrakant Morde | unknown_e63e563c74fe4116b |
Investor details for PI Green Innovations
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Pi Green Innovations Private Limited (PI Green Innovations)
Pi Green Innovations Private Limited is the primary company behind PI Green Innovations. The board of Pi Green Innovations Private Limited currently have 3 directors; the longest-serving is Shaikh Rijwan Shaikh Nurul Islam, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shaikh Rijwan Shaikh Nurul Islam DIN 08434092 | Director | 25 Apr 2019 | 7 yrs 6 mo | Pi Green Innovations Private Limited |
| Irfan Adamsaheb Pathan DIN 05291618 | Director | 25 Apr 2019 | 7 yrs 6 mo | Pi Green Innovations Private Limited |
| Shantanu Subhash Sonaikar DIN 07134063 | Director | 01 Oct 2021 | 5 yrs 1 mo | Pi Green Innovations Private Limited |
People of PI Green Innovations
3 people are tracked at PI Green Innovations (3 in leadership); the tracked headcount is 69.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Rizwan Shaikh | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for PI Green Innovations
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of PI Green Innovations
Figures of Pi Green Innovations Private Limited, the primary company behind PI Green Innovations, for FY 2025. Revenue was ₹76.97 Cr (+2% year on year). Net loss was -₹1.06 Cr (-1% margin). EBITDA was ₹2.84 Cr (4% margin). Revenue has grown at a compounded annual rate of +86% over three years and +736% over five years.
- ₹76.97 CrRevenue · FY 2025 · +2% YoY
- -₹1.06 CrNet loss · -1% margin
- ₹2.84 CrEBITDA · 4% margin
- ₹1.5 LakhPaid-up capital
- 69Employees (provident fund records)
- +86%Revenue CAGR, 3 years
- +736%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pi Green Innovations Private Limited are on its company page.
Detailed financial statements for PI Green Innovations
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of PI Green Innovations
4 dated milestones of PI Green Innovations across 2 years, from founding to its latest funding, stage changes and deals.
- Founded PI Green Innovations is founded.
- Funding First funding round of $314K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $4.7M.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Pi Green Innovations
Complete news archive for PI Green Innovations
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PI Green Innovations
PI Green Innovations was founded in 2019.
PI Green Innovations is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Irfan Pathan is the CEO of PI Green Innovations, as recorded in our data. They have also founded this company.
PI Green Innovations is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $313.92K, raised on Sep 2019.
PI Green Innovations has 69 employees.
The primary company behind PI Green Innovations, Pi Green Innovations Private Limited, reported revenue of ₹76.97 Cr for FY 2025, up 2% year on year.
PI Green Innovations was founded in 2019 in Pune, India, within the environmental technology sector. Products including ambient air purifiers and net-zero emission systems are designed and manufactured for automobiles, gensets, and industrial applications. Repair services for the equipment are also provided. Operations focus on improving air quality through these solutions, with activities centered in India.
PI Green Innovations has 4 investors. Key investors include Opus Technologies, JCSS Global, Rashma Krishnamurthy, and Harshal Chandrakant Morde.
The valuation of PI Green Innovations is $18.44M as of Aug 2021.
PI Green Innovations operates through Pi Green Innovations Private Limited.
The legal entities of PI Green Innovations currently have 3 directors, including Shaikh Rijwan Shaikh Nurul Islam, Irfan Adamsaheb Pathan, Shantanu Subhash Sonaikar.