Ecozen’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Ecozen Solutions Private Limited | CIN: U93090MH2010PTC209218
Ecozen Solutions, founded by Devendra Gupta, Prateek Singhal, and Vivek Pandey, is an innovative cleantech company delivering solar-powered cold storage and irrigation solutions to India's agricultural sector. Established in 2010, Ecozen combines renewable energy and IoT to create climate-smart technologies that empower farmers to reduce post-harvest losses, increase income, and improve efficiency. With a strong focus on sustainability and technological advancement, Ecozen has become a pioneer in building resilient agricultural infrastructure in India and emerging markets.
| Founding year | 2010 |
|---|---|
| Headquarters | Pune, India |
| Valuation | ~$120M (2023) |
| Total Funding | $70M |
| Annual Revenue | ₹220 Cr (FY24) |
| Annual Net Loss | ₹5 Cr (FY24) |
| EBITDA Margin | 0% |
| Employees | ~500 |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series A | 2015 | $6M | Omnivore, Hivos-Triodos Fund |
| Series B | 2020 | $20M | Oikocredit, Northern Arc, others |
| Series C | 2023 | $44M | Nuveen, Dare Ventures, existing investors |
- Scaling solar-powered cold chain solutions across new geographies.
- Developing AI and IoT-driven energy management systems.
- Strengthening manufacturing capabilities and R&D.
- Evaluating IPO options to support future growth and sustainability goals.
Ecozen recently raised Series C funding to accelerate technology innovation and expand operations in India and international markets. The company also announced partnerships with agri-input firms to enable integrated farm solutions.
| Metric | Detail |
|---|---|
| Revenue Growth | ▲ Reached ₹220 Cr in FY24 |
| Profitability | ▼ Net loss reduced to ₹5 Cr |
| Funding | ▲ $70M raised across 3 rounds |
| Efficiency | ▲ EBITDA margin improved to 0% |
| Valuation | ▲ $120M as of 2023 |
Ecozen’s innovative approach to combining renewable energy and smart agri-tech solutions has positioned it as a leader in sustainable agriculture infrastructure. With strong revenue growth, improving margins, and a focus on climate-smart technologies, Ecozen is well poised for future scale and market expansion.
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