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§ Venture Capital · Bhiwandi, Maharashtra, India
Develops modular wastewater treatment systems using electro-chemical oxidation for industrial and domestic sectors, focused on water recovery.
INDRA develops modular, plug-and-play wastewater treatment systems using electro-chemical oxidation and coagulation to recycle domestic and industrial wastewater, based in Mumbai, India. Their compact, chemical-free solutions treat effluents from diverse sectors such as textiles, steel, and pharmaceuticals, achieving up to 99% water recovery and requiring 90% less space compared to traditional methods. The company has treated over 750 million litres of water, impacting more than 500,000 people, and generated 4,500 tons less sludge and 850+ tons less greenhouse gas emissions. In December 2023, INDRA raised $4M in Series A funding co-led by Mela Ventures and Emerald Technology Ventures, with participation from Peak Sustainability Ventures and Climate Angels. Notable customers utilizing their technology include Aditya Birla Group and Unilever. INDRA was founded in 2018 by Amrit Om Nayak and Krunal Patel.
INDRA has raised $27.8M across 2 funding rounds.
Key people at INDRA.
INDRA has raised $27.8M in total across 2 funding rounds.
INDRA has raised $27.8M in total across 2 funding rounds.
INDRA's investors include Emerald Technology Ventures, Krishnakumar Natarajan, Climate Angels, Peak Sustainability Ventures, Gulf Oil International.
Key people at INDRA.
INDRA has raised $27.8M across 2 funding rounds. Most recently, it raised $4.0M Series A in January 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 18, 2024 | $4M Series A | Emerald Technology Ventures, Krishnakumar Natarajan | Climate Angels, Peak Sustainability Ventures | Announced |
| Mar 9, 2023 | $23.8M Series B | Gulf OIL International | — | Announced |