About Roserve
Roserve is an Environment company based in Mumbai (India) founded in 2016 by Kamlesh Kumar Goel, Prayas Goel, and Prerak Goel. Roserve has raised $12.46 million across 7 funding rounds from investors including MPOWER Financing, Concord Enviro and British International Investment. Roserve was last valued at $1.29 million in October 2016. Its Indian entity Roserve Enviro Private Limited reported revenue of ₹28.53 Cr. Its focus areas include Waste & Water Management, Wastewater Management, Treatment and Industrial. Its competitors include Concord Enviro, Praj and Spray Engineering; 1 of its 3 listed competitors has raised funding.
Company details
Provider of waste water recycling and desalination systems. It offers wastewater treatment on lease, reverse osmosis for recycling, waste heat evaporator, build own operate transfer, and operating lease solutions to meet Zero Liquid Discharge.
- Headquarters Mumbai, India
- Founders Kamlesh Kumar Goel, Prayas Goel, Prerak Goel
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website roserve.in
- Social LinkedIn X Facebook
- Legal Name Roserve Enviro Private Limited
- Date of Incorporation 09 Aug, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹28.53 Cr
FY 2025 · -18% YoY
- Net Profit₹55.2 Lakh
FY 2025 · 2% margin
- EBITDA₹24.45 Cr
FY 2025 · 86% margin
- Total Equity Funding$12.46M (USD)
in 7 rounds
- Latest Funding Round$636.26K (USD), Seed
May 2022
- InvestorsMPOWER Financing
& 3 more
Associated legal entities of Roserve
Roserve operates through Roserve Enviro 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 |
|---|---|---|---|---|---|---|---|
| Roserve Enviro Private Limited CIN U74999DL2016PTC304156 | Active | 09 Aug 2016 | New Delhi, Delhi | ₹28.5 Cr | 112 | 2 | View details |
Funding Insights of Roserve
Roserve has successfully raised a total of $12.46M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $636.26 thousand completed in May 2022. 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 $12.46M
- Total Rounds 7
- Last Round Seed — $636,260
- First Round $6.23M
(Oct 2016)
- Investors Count 4
All 7 funding rounds of Roserve 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 |
|---|---|---|---|---|---|
| May 2022 | $636,260 | Seed | – | Impact Fund | |
| Dec 2019 | $9.75M | Debt – Conventional | – | – | |
| Jun 2019 | $1.87M | Seed | – | Impact Fund | |
| Jun 2018 | $436,494 | Seed | – | Impact Fund | |
| Jun 2017 | $2.01M | Seed | – | Impact Fund | |
| Oct 2016 | $6.23M | Series A | – | IFU, Concord Enviro | |
| Oct 2016 | $1.28M | Seed | – | Impact Fund |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2016 | $1.29M | •••••••• |
Last known valuation $1.29M (Oct 2016). 4 investors in total: 4 institutional.
Investors in Roserve
Roserve has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include MPOWER Financing, Concord Enviro and British International Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark | |
Industrial wastewater treatment and waste management services are provided. | 1992 | concordenviro.in | Mumbai, India | |
International student loans are provided to underserved full-time enrollees. | 2014 | mpowerfinancing.com |
Investor details for Roserve
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 Roserve Enviro Private Limited (Roserve)
Roserve Enviro Private Limited is the primary company behind Roserve. The board of Roserve Enviro Private Limited currently have 2 directors; the longest-serving is Abhijit Subhash Ghalke, appointed in 2016. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhijit Subhash Ghalke DIN 07549060 | Director | 06 Oct 2016 | 10 yrs | Roserve Enviro Private Limited |
| Prerak Goel DIN 00348563 | Additional Director | 17 Nov 2025 | 11 mo | Roserve Enviro Private Limited |
People of Roserve
3 people are tracked at Roserve (3 in leadership).
| Name | Role | Group |
|---|---|---|
Kamlesh Kumar Goel | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Roserve
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 Roserve
Figures of Roserve Enviro Private Limited, the primary company behind Roserve, for FY 2025. Revenue was ₹28.53 Cr (-18% year on year). Net profit was ₹55.2 Lakh (2% margin). EBITDA was ₹24.45 Cr (86% margin). Revenue has grown at a compounded annual rate of -5% over three years and +11% over five years.
- ₹28.53 CrRevenue · FY 2025 · -18% YoY
- ₹55.2 LakhNet profit · 2% margin
- ₹24.45 CrEBITDA · 86% margin
- ₹4.25 CrPaid-up capital
- 112Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Roserve Enviro Private Limited are on its company page.
Detailed financial statements for Roserve
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 Roserve
4 dated milestones of Roserve across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Roserve is founded.
- Funding First funding round of $6.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $636K.
Competitors of Roserve
Roserve has 3 listed competitors in our database, 1 of them funded. They include Concord Enviro, Praj and Spray Engineering.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| concordenviro.in | 1992 | Mumbai, India | $21M | 543 | Industrial wastewater treatment and waste management services are provided. | |
| praj.net | 1983 | Pune, India | 1,458 | Bioethanol and wastewater treatment services are provided alongside biofuel research. | ||
| sprayengineering.com | 1992 | Sahibzada Ajit Singh Nagar, India | Energy-efficient equipment is engineered for sugar and water industries. |
Detailed competitors of Roserve
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Roserve
The website of Roserve (roserve.in) receives about 2.3K visits a month.
- Monthly visits2.3K
▲ 72.2% vs previous month
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Roserve (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 |
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
Frequently Asked Questions about Roserve
Roserve was founded in 2016.
Roserve is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Roserve is a funded company, having raised a total of $12.46M across 7 funding rounds to date. The company's 1st funding round was a Series A of $6.23M, raised on Oct 2016.
The primary company behind Roserve, Roserve Enviro Private Limited, reported revenue of ₹28.53 Cr for FY 2025, down 18% year on year.
Provider of waste water recycling and desalination systems. It offers wastewater treatment on lease, reverse osmosis for recycling, waste heat evaporator, build own operate transfer, and operating lease solutions to meet Zero Liquid Discharge.
Roserve's top competitors include Concord Enviro, Praj and Spray Engineering.
Roserve has 4 investors. Key investors include MPOWER Financing, Concord Enviro, British International Investment, and IFU.
The valuation of Roserve is $1.29M as of Oct 2016.
Roserve operates through Roserve Enviro Private Limited.
The legal entities of Roserve currently have 2 directors, including Prerak Goel, Abhijit Subhash Ghalke.