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Analysis · Professional & Local Services

Five manufacturing startups featured in Inc42 list

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Date
Company
Albatross Energetics
What it does
Air treatment systems for humidity control
Kind
Analysis
Founded
2021
Sector
Professional & Local Services

What they do

Albatross Energetics makes liquid desiccant-based air treatment systems for factories and buildings

What happened

It is one of five startups in Inc42's July 2026 edition of manufacturing startups to watch

Why it matters

The company's systems reduce operating carbon emissions by about 15% while improving humidity control

The details

  • Inc42 published a list of five manufacturing startups to watch in July 2026.
  • The featured startups are Albatross Energetics, IndigoTex, REGRIP, and Rymo Technologies.
  • Albatross Energetics makes liquid desiccant-based air treatment systems for humidity control.
  • IndigoTex develops wool-denim fabrics using proprietary textile technology.
  • REGRIP develops refurbished tyres and digital tyre management solutions for fleet operators.
  • Rymo Technologies develops portable rehabilitation robots and medical devices.
  • Each startup was selected for its innovation in the manufacturing sector.

The bigger picture

  • India's HVAC market is projected to grow from $12.14 Bn in 2025 to $17.41 Bn by 2030.
  • The global sustainable fabrics industry is expected to grow from $36.8 Bn in 2025 to $120 Bn by 2035.
  • India generates roughly 2.8 Mn metric tonnes of waste tyres annually, and the tyre recycling market is projected to reach $3.05 Bn by 2033.
  • India's rehabilitation sector demand is rising due to an increase in neurological disorders and sports-related injuries.

About the business

  • Albatross Energetics provides liquid desiccant-based air treatment systems for humidity control in factories, clean rooms, and commercial buildings.
  • It also offers technology for HVAC manufacturers.
  • IndigoTex develops wool-denim fabrics using proprietary textile technology.
  • Its products include IndiWool (wool-rich denim) and ECOTEX (waterless wool-finishing technology).
  • REGRIP develops refurbished tyres using retreading and shearing processes.
  • It also provides software for fleet operators to track tyre health, manage inventory, inspect used tyres, and digitise retreading.
  • REGRIP offers scrap tyre management and inspection services.
  • Rymo Technologies develops portable rehabilitation robots and medical devices.
  • Its portfolio includes MOBI-L (upper- and lower-limb rehabilitation), MEND (digital balance training platform), and NUDGE (gamified system for cognition, reflexes, coordination).

Founders

  • Srihari B, Co-founder
  • Sudarsan MS, Co-founder
  • Satendra Singh, Co-founder
  • Dilip Singh, Co-founder
  • Bhupendra Singh Butola, Co-founder
  • Tushar Suhalka, Founder
  • Chirag Shah, Co-founder
  • Abhishek Rai, Co-founder

About Albatross Energetics

Product
Energy-efficient air conditioning and dehumidification systems for industrial applications using proprietary liquid desiccant technology
Customers
Industrial sectors including pharmaceuticals, semiconductors, electronics, batteries, food processing, chemicals, and textiles
How it makes money
Hardware design, manufacturing, and deployment of industrial cooling systems
What sets it apart
Proprietary liquid desiccant technology removes moisture directly from air; reduces energy requirements for humidity control; helps customers reduce operating costs and carbon emissions
Operations
Designs, manufactures, and deploys industrial systems; pilot scale manufacturing facilities

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