- Solinas Integrity raised $5.5 million in a Series A1 funding round co-led by Mela Ventures and Hero Enterprise Family Office.
- The funding round also included participation from Luthra Group and follow-on investments from existing backers such as SBI Ventures, Rainmatter Capital, and 8X Ventures Fund I.
- Solinas Integrity plans to use the capital to expand its manufacturing capacity, accelerate product development, and invest in its software infrastructure and working capital requirements.
- The startup aims for international expansion, focusing on increasing its presence in the Middle East and Southeast Asia.
- Solinas Integrity was founded in 2018 by Divanshu Kumar and Moinak Banerjee, emerging from the IIT Madras incubation ecosystem.
- In May 2024, the company raised a Series A round led by SBI Ventures through the SVL-SME Fund (Neev II).
- Solinas Integrity develops robotics and technology-led solutions for inspecting and maintaining underground water and sanitation infrastructure.
Solinas Integrity, founded in 2018 by Divanshu Kumar and Moinak Banerjee, has emerged from the IIT Madras incubation ecosystem, developing robotics and technology-led solutions for inspecting and maintaining underground water and sanitation infrastructure.145810
The startup's product portfolio includes Endobot, a robotic system for pipeline inspection, and HomoSEP, which supports mechanised operations in sewers and septic tanks. Additionally, it has developed SWASTH AI, an infrastructure intelligence platform that utilizes inspection data for asset management and predictive analytics.
Solinas has deployed its technologies across more than 30 cities in 15 Indian states and is also working with Dubai Municipality, marking its presence beyond India. The latest funding will help the company increase production and extend its integrated robotics platform to new markets and infrastructure categories.
The company aims to target Rs 100 crore in revenue by FY28, driven by growth in its core water and sanitation business and industrial asset management. It plans to accelerate the development of next-generation robotic inspection technologies and strengthen its AI-powered software platforms.
Solinas is also exploring applications for its technologies in adjacent sectors like oil and gas and defence, where robotic systems can significantly reduce manual intervention in hazardous environments.
The funding round follows Solinas's previous Series A round led by SBI Ventures, highlighting the alignment between India's climate-tech innovation ecosystem and global sustainability-focused capital.239
“The Chennai-based startup will use the capital to expand manufacturing, accelerate product development, and boost its international presence in the Middle East and Southeast Asia. Solinas targets Rs 100 crore in revenue by FY28, with its robotics already deployed in over 30 cities across 15 Indian states.”
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