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Cleantech startup Chakr Innovation has raised $23 million in its Series C funding round led by Iron Pillar to expand manufacturing and drive international growth.

Sep 23, 2025

Amount Raised

$23 Million

Round Type

Series C

GurugramManufacturingBiotechnologyMechanical Or Industrial Engineering

Investors

InflexorIanOngcIron PillarSBI Cap Ventures

Description

Chakr Innovation has raised $23 million in its Series C funding round led by Iron Pillar. The round included participation from existing investors like SBI Cap Ventures and ONGC. The funds will be utilized to enhance manufacturing capacity and R&D efforts in advanced clean-tech technologies. This funding is a significant step towards establishing a dedicated materials science center in India.

Quick answer

Chakr Innovation raised $23 Million in a Series C round, dated September 23, 2025. Investors: Inflexor, Ian, Ongc, Iron Pillar and SBI Cap Ventures. Chakr Innovation is based in Gurugram, Haryana, India.

How much did Chakr Innovation raise?
Chakr Innovation raised $23 Million in a Series C round on September 23, 2025.
Who invested in Chakr Innovation?
Inflexor, Ian, Ongc, Iron Pillar and SBI Cap Ventures are named as investors in this round.
What does Chakr Innovation do?
Chakr Innovation is a pioneering Indian cleantech startup, founded by IIT Delhi graduates, dedicated to revolutionizing air quality with cutting-edge material science technology.
Where is Chakr Innovation based and how big is it?
Chakr Innovation is based in Gurugram, Haryana, India. Fundz records about 480 employees.
Who are the decision-makers at Chakr Innovation?
Fundz holds 1 contact at Chakr Innovation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mechanical Or Industrial Engineering and Manufacturing around the same time

Companies in the same sectors as Chakr Innovation that raised within 45 days of this round, from Fundz verified event records.

  • mu-ray.tech raised $373K (Seed) on November 4, 2025.
  • Spineology raised $8.8M on November 7, 2025.
  • LambdaVision raised $7M (Seed) on November 5, 2025.
  • nextProtein raised $21M (Series B) on November 4, 2025.
  • FireDrone raised $185K (Grant) on November 3, 2025.
  • Altrove raised $10M (Seed) on October 31, 2025.

Who to call at Chakr Innovation, and when

A new round usually means Chakr Innovation is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Chakr Innovation

Location

Gurugram, Haryana, India

About

Chakr Innovation is a pioneering Indian cleantech startup, founded by IIT Delhi graduates, dedicated to revolutionizing air quality with cutting-edge material science technology. Since our inception in 2016, we have been at the forefront of innovative environmental solutions, earning global recognition from the United Nations, WWF, and Forbes. With 30+ patent applications, our flagship product, Chakr Shield, launched in 2017, reduces Particulate Matter (PM), Hydrocarbons (HC), and Carbon Monoxide (CO) emissions from diesel generators by over 80%. In a historic achievement, Chakr became the first company in India to receive type approval certification for its Retrofit Emission Control Device (RECD) through CPCB-accredited labs. Our diverse product portfolio also includes the DG Monitoring System (IoT), Decentralized Energy, and Energy Storage Technology, all aimed at driving sustainable practices and reducing industrial carbon footprints. Chakr Innovation empowers industries to achieve sustainability goals with innovative, cost-effective, and high-performance solutions. Join us in our mission to create a cleaner, greener planet.

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Chakr Innovation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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