Solinas targets ₹100 Cr revenue by FY29
By Abha Lohia ·
- Solinas is an IIT-Madras-incubated startup, founded in 2018, building AI-powered robots for water and sanitation pipes and drains
- It expects ₹45-50 crore revenue this year after doubling in FY26, and aims for ₹100 crore by FY29
- Overseas sales are only four to five per cent now, and it hopes to lift that to 30 per cent
What happened
- Revenue target is ₹100 crore by FY29.
- FY26 revenue doubled.
- Aims at the Middle East and South-East Asia.
Why it matters
- Government spending on sanitation systems is lifting demand.
- Smaller cities are a large untapped market.
The business
- Robots inspect, clean and maintain pipelines, tanks, manholes and sewers.
- Used in 30+ Indian cities.
- Chennai plant makes 100-120 robots a year.
The founders
In numbers
₹100 CrRevenue target · FY29
What happens next
- Expand to tier-2 and tier-3 cities
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at low extra cost. India's government also has a narrower legal definition that decides who gets scheme benefits.
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