Chakr Innovation Private Limited, founded in 2016 by Kushagra Srivastava, Bharti Singhla, and Arpit Dhupar (all IIT Delhi alumni), is a Gurgaon-based clean-tech startup tackling emissions from diesel generators. The company develops retrofit devices that capture up to 90% of harmful particulate matter and nitrogen oxides directly at the exhaust. With growing adoption across corporate campuses, factories, and commercial hubs, Chakr has emerged as one of India’s most credible climate-tech innovators.
Chakr Innovation’s Revenue Journey
🔑 Key Takeaways
- Compounding Effect: Growth has not just been incremental; it has consistently built on itself, showing the power of compounding in scaling revenue.
- Inflection Point: The company has clearly moved from being an innovator to becoming a mainstream clean-tech solution provider.
- Growth Drivers: Partnerships, large customer deals, and sustainability tailwinds are propelling the business.
- Strategic Positioning: Chakr is no longer a niche startup, it is positioning itself as a leader in India’s clean-tech ecosystem.
Chakr Innovation’s Loan Book Journey
Key Takeaways
The company started out cautiously, taking on only small borrowings to fund its early growth. This careful approach helped it build financial credibility without stretching its balance sheet.
After a short pause in fresh loans, meant to consolidate its progress, the company entered a new phase of expansion. Borrowings rose sharply as lender confidence grew, reflecting strong fundamentals and solid execution.
In the years that followed, steady access to large-ticket loans became a hallmark of its financial maturity. What began as a cautious climate-tech experiment has now evolved into a confident clean-tech enterprise, one that uses debt strategically to drive sustainable growth.
Diluted Shareholding Snapshot
Key Takeaways
Neev Fund (63.9%) leads the cap table, holding a strong two-thirds stake that gives it clear control over company decisions.
Founders stay involved, with Kushagra Srivastava (9.1%) and Bharti Singhla (5.3%) together owning about 14%. Their share ensures long-term commitment and alignment.
Institutional investors bring balance, including Indian Angel Network Fund, ONGC Startup Fund, and Parampara Capital. Together, they add both trust and experience.
Individual investors still matter, with Rahul Agarwal’s 3.1% stake helping maintain balance between founders and large funds.
The “Others” group (~10%) shows a healthy mix of small investors, reflecting Chakr’s wide base of supporters.
Products & Services at a Glance
Chakr Shield – Retrofit device for diesel generators, reduces particulate emissions by up to 90%.
Chakr DeNOx – Solution to cut nitrogen oxide (NOx) emissions.
Chakr GenSense – Monitoring and sensing solution for generator emissions.
Al-Air – Ambient air quality management solution.
Dual Fuel Kit – Enables diesel generators to run on a diesel + natural gas mix.
Services – Installation, regulatory compliance support, annual maintenance contracts, and technical assistance.
Conclusion: Chakr’s Climb from Niche to Necessity
Chakr Innovation’s journey is a textbook case of how climate-tech can move from campus experiments to industry adoption. What began as a retrofit solution for diesel generators has scaled into a diversified portfolio of emission-control hardware, monitoring systems, and compliance services.
This revenue rise tells a bigger story, clean technology is no longer a choice, it’s the norm. Strengthened by a healthy loan book and the trust of reputed investors, Chakr has proven that profitability and purpose can move hand in hand.
By turning harmful emissions into usable products, the startup is rewriting the script of industrial sustainability. With its positioning in India’s clean-tech ecosystem, Chakr is not just cleaning diesel generators, it is proving that environmental responsibility and profitability can run in parallel.
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