FluxGen raises ₹28 Crore pre-series A round led by IAN Alpha fund and others
The Hindu
Founded in 2021 and headquartered in Bengaluru by Ganesh Shankar (Founder & CEO) and Emanuel Deepak (Co-founder & COO), FluxGen provides end-to-end water intelligence solutions, enabling real-time monitoring, predictive analytics, and regulatory compliance for industries. Its patent-pending products and flagship platform, AquaGen, empower companies to optimise water usage, prevent wastage, and mitigate water-related operational and supply-chain risks.
FluxGen Sustainable Technologies Pvt Ltd, a climate tech company in end-to-end smart water management solutions, has raised ₹28 crore in a pre-series A funding round led by IAN Alpha Fund. The funds will be used to scale FluxGen’s AI and IoT-powered water management solutions, expand into new industrial markets, and strengthen customer acquisition in India and internationally. The round also saw participation from Rainmatter, Gameskraft Technologies, Intersection Ventures, and Force Ventures, along with existing investors Axilor Ventures and Arali Ventures.
Founded in 2021 and headquartered in Bengaluru by Ganesh Shankar (Founder & CEO) and Emanuel Deepak (Co-founder & COO), FluxGen provides end-to-end water intelligence solutions, enabling real-time monitoring, predictive analytics, and regulatory compliance for industries. Its patent-pending products and flagship platform, AquaGen, empower companies to optimise water usage, prevent wastage, and mitigate water-related operational and supply-chain risks.
According to a release by the company, with this infusion of capital, the company plans to double down on product innovation, including upcoming solutions for groundwater intelligence, wastewater resource management, and water risk analytics. The company will also scale its sales and partner networks, accelerate international growth, and continue building a global marketplace for industrial water management.
“Water is a business imperative. With the increasing impact of climate change and stringent regulations, businesses need to act fast. This investment enables FluxGen to scale its AI-powered water intelligence solutions, ensuring that industries not only save water but also secure their future operations,” said Shankar.
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Founded in 2021 and headquartered in Bengaluru by Ganesh Shankar (Founder & CEO) and Emanuel Deepak (Co-founder & COO), FluxGen provides end-to-end water intelligence solutions, enabling real-time monitoring, predictive analytics, and regulatory compliance for industries. Its patent-pending products and flagship platform, AquaGen, empower companies to optimise water usage, prevent wastage, and mitigate water-related operational and supply-chain risks.
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