About Planys Technologies
Planys Technologies is an Environment company based in Chennai (India) founded in 2015 by Krishnan Balasubramaniam, Vineet Upadhyay, Rakesh Sirikonda, Tanuj Jhunjhunwala, and Prabhu Rajagopal. It operates in the Environment, Industrial Goods & Manufacturing, and Transportation, Automotive & Logistics sectors. Planys Technologies has raised $10.79 million across 11 funding rounds from investors including IndiaMART, Shell and Manipal Group. The company has 97 employees. Planys Technologies was last valued at $11.96 million in June 2021. Its chief executive, as recorded, is Tanuj Jhunjhunwala. Its Indian entity Planys Technologies Private Limited reported revenue of ₹7.13 Cr. Planys Technologies offers products and services including ROV Fleet, Digital Reporting, and Underwater NDT. Its focus areas include High Tech, Professional Service Robots, Robots as a Service and Multi Industry.
Company details
Provider of marine underwater robotics inspection platform. Its offerings include remotely operated underwater vehicles (ROVs) and autonomous systems for visual inspection, ultrasonic testing, sonar surveys, and real-time data collection for maritime and infrastructure assets. It also provides nondestructive testing (NDT) services, corrosion monitoring, structural health assessment, digital reporting dashboards, and Internet of Underwater Things (IoUT) capabilities for remote monitoring. The platform uses AI-enabled analytics, laser and sonar defect quantification, high-definition video, ultrasonic thickness gauging, and modular ROV and AUV technology for inspection in hostile or submerged environments.
- Headquarters Chennai, India
- Employees 97
- Founders Krishnan Balasubramaniam, Vineet Upadhyay, Rakesh Sirikonda, Tanuj Jhunjhunwala, Prabhu Rajagopal
- Stage Minicorn
- SectorsEnvironmentIndustrial Goods & Manufacturing Transportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website planystech.com
- Social LinkedIn X Facebook YouTube
- Legal Name Planys Technologies Private Limited
- Date of Incorporation 11 Jun, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹7.13 Cr
FY 2024 · -19% YoY
- Net Loss-₹5.69 Cr
FY 2024 · -80% margin
- EBITDA-₹3.32 Cr
FY 2024 · -47% margin
- Total Equity Funding$10.79M (USD)
in 11 rounds
- Latest Funding Round$514.27K (USD), Series B
Sep 2026
- InvestorsIndiaMART
& 96 more
- Employee Count97
Associated legal entities of Planys Technologies
Planys Technologies operates through Planys Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Planys Technologies Private Limited CIN U72900TN2015PTC100872 | Active | 11 Jun 2015 | Chennai, Tamil Nadu | ₹7.1 Cr | 97 | 4 | View details |
Products & Services of Planys Technologies
Planys Technologies offers a comprehensive portfolio of products and services, including ROV Fleet, Digital Reporting, and Underwater NDT.
Unmanned vehicles for underwater inspections and data collection
AI-enabled tools for intelligent inspection data analysis
Services for detecting defects in underwater structures
Apps and channels of Planys Technologies
its YouTube channel Planys Technologies has 285 subscribers and 12 videos.
Videos from Planys Technologies
The most watched videos on Planys Technologies's YouTube channel, Planys Technologies (285 subscribers). Click a video to play it here.
More on Planys Technologies.
Funding Insights of Planys Technologies
Planys Technologies has successfully raised a total of $10.79M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $514.27 thousand completed in September 2026. 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 $10.79M
- Total Rounds 11
- Last Round Series B — $514,265
- Investors Count 97
Latest 10 of 11 funding rounds of Planys 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 |
|---|---|---|---|---|---|
| Sep 2026 | $514,265 | Series B | – | Premji Invest | – |
| Dec 2025 | Series B | – | Ashish Kacholia, Lashit Sanghvi | ||
| Jun 2024 | Series A | – | – | ||
| Mar 2024 | $5.16M | Series A | – | Ashish Kacholia | |
| Jun 2023 | Series A | – | Pratithi Investments | – | |
| Jun 2021 | $1.6M | Seed | $11.96M | LetsVenture | |
| Sep 2020 | $1.05M | Seed | $11.94M | Manipal Group | |
| Feb 2019 | Grant | – | – | ||
| Jan 2018 | $2.19M | Seed | $••••• | ONGC, Pratithi Investments | |
| Dec 2015 | $271,147 | Seed | – | Narayanan Balakrishnan |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $11.96M | •••••••• |
| Sep 2020 | $11.94M | •••••••• |
| Jan 2018 | $••••• | •••••••• |
Full valuation and stage history of Planys Technologies
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $11.96M (Jun 2021). 97 investors in total: 31 institutional and 66 angel.
Investors in Planys Technologies
Planys Technologies has secured backing from 97 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IndiaMART, Shell and Manipal Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and boutique advisory firm | 2017 | samarthya.co.in | Mumbai, India | |
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Early-stage investments are targeted by this venture capital firm. | ||||
| 3ipartners.vc | ||||
Private investment arm of Kris Gopalakrishnan Family Office. | 2014 | pratithi.com | Bengaluru, India | |
Accredited investors are networked for private equity funding opportunities. | 2000 | keiretsuforum.com | San Francisco, United States | |
Early-stage US tech and life sciences companies are invested in. | fountainheadinvestors.com | San Antonio, United States | ||
Promotion of innovation and digital services in Maharashtra. | 2017 | msins.in | Mumbai, India | |
Venture capital firm focused on multiple sectors | 2014 | provventure.com | Ernakulam, India |
Investor details for Planys Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Planys Technologies Private Limited (Planys Technologies)
Planys Technologies Private Limited is the primary company behind Planys Technologies. The board of Planys Technologies Private Limited currently have 4 directors; the longest-serving is Krishnan Balasubramaniam, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishnan Balasubramaniam DIN 02258420 | Director | 11 Jun 2015 | 11 yrs 5 mo | Planys Technologies Private Limited |
| Prabhu Rajagopal DIN 07172201 | Director | 11 Jun 2015 | 11 yrs 5 mo | Planys Technologies Private Limited |
| Tanuj Balkrishna Jhunjhunwala DIN 07172129 | Whole-time director | 11 Jun 2015 | 11 yrs 5 mo | Planys Technologies Private Limited |
| Vineet Kumar Upadhyay DIN 07172132 | Whole-time director | 11 Jun 2015 | 11 yrs 5 mo | Planys Technologies Private Limited |
People of Planys Technologies
11 people are tracked at Planys Technologies (7 in leadership, 4 in team); the tracked headcount is 97.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CTO | Leadership | |
Rakesh Sirikonda | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Gorthi V B | Head Of Business Development | Leadership |
Srinivas Rithwik | Deputy Manager-founder's Office | Leadership |
Swati Vaish | Senior Manager - Human Resource | Team |
Harini B | Management Trainee Human Resources | Team |
Sam Raja R | Deputy Manager Business Development | Team |
Subhrajit Choudhury 🤖 Underwater Infrastructure Safety Consultant | Deputy Manager Business Development | Team |
Complete people profiles for Planys Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Planys Technologies
Figures of Planys Technologies Private Limited, the primary company behind Planys Technologies, for FY 2024. Revenue was ₹7.13 Cr (-19% year on year). Net loss was -₹5.69 Cr (-80% margin). EBITDA was -₹3.32 Cr (-47% margin). Revenue has grown at a compounded annual rate of +10% over three years and +40% over five years.
- ₹7.13 CrRevenue · FY 2024 · -19% YoY
- -₹5.69 CrNet loss · -80% margin
- -₹3.32 CrEBITDA · -47% margin
- ₹5.86 CrPaid-up capital
- 97Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +40%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Planys Technologies Private Limited are on its company page.
Detailed financial statements for Planys Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Planys Technologies
4 dated milestones of Planys Technologies across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Planys Technologies is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $514K.
Web traffic of Planys Technologies
The website of Planys Technologies (planystech.com) receives about 7.8K visits a month.
- Monthly visits7.8K
▲ 153.8% vs previous month
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Planys Technologies (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Planys Technologies
Complete news archive for Planys Technologies
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Frequently Asked Questions about Planys Technologies
Planys Technologies was founded in 2015.
Planys Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Tanuj Jhunjhunwala is the CEO of Planys Technologies, as recorded in our data. They have also founded this company.
Planys Technologies is a funded company, having raised a total of $10.79M across 11 funding rounds to date. The company's 1st funding round was a Seed of $271.15K, raised on Jun 2015.
Planys Technologies has 97 employees.
The primary company behind Planys Technologies, Planys Technologies Private Limited, reported revenue of ₹7.13 Cr for FY 2024, down 19% year on year.
Provider of marine underwater robotics inspection platform. Its offerings include remotely operated underwater vehicles (ROVs) and autonomous systems for visual inspection, ultrasonic testing, sonar surveys, and real-time data collection for maritime and infrastructure assets. It also provides nondestructive testing (NDT) services, corrosion monitoring, structural health assessment, digital reporting dashboards, and Internet of Underwater Things (IoUT) capabilities for remote monitoring. The platform uses AI-enabled analytics, laser and sonar defect quantification, high-definition video, ultrasonic thickness gauging, and modular ROV and AUV technology for inspection in hostile or submerged environments.
Planys Technologies offers ROV Fleet, Digital Reporting, and Underwater NDT.
Planys Technologies has 97 investors. Key investors include IndiaMART, Shell, Manipal Group, LetsVenture, and ONGC.
The valuation of Planys Technologies is $11.96M as of Jun 2021.
Planys Technologies operates through Planys Technologies Private Limited.
The legal entities of Planys Technologies currently have 4 directors, including Krishnan Balasubramaniam, Prabhu Rajagopal, Tanuj Balkrishna Jhunjhunwala and others.