IIT-Madras-incubated Solinas Integrity aims to reach ₹100 crore in revenue by FY29. Backed by a recent $5.5 million funding round, the robotics firm is scaling its water infrastructure technology in India and international markets.
Solinas Integrity, an IIT-Madras-incubated deep-tech startup, has laid out a roadmap to reach ₹100 crore in revenue by fiscal year 2029. The company, which specializes in robotic systems for water and sanitation infrastructure, is currently scaling its operations following a $5.5 million (approximately ₹52.4 crore) Series A1 funding round secured in August 2026. This capital injection, led by Hero Enterprise Partner Ventures with participation from Mela Ventures and Luthra Group, is being directed toward research and market expansion.
Since its founding in 2018, the company has focused on developing AI-powered robots to inspect and clean underground water and sewage networks. This technology is designed to eliminate the need for manual scavenging and improve the management of aging utility assets. Currently, the company operates in over 35 Indian cities, including major urban centers like Bengaluru, Hyderabad, and Chennai.
While the company has seen strong growth—reporting a 2X revenue increase in fiscal year 2026—the path to its ₹100 crore goal involves two key strategies. Domestically, the startup is leveraging increased government spending on urban infrastructure to deepen its reach into tier-2 and tier-3 cities. Internationally, it is targeting expansion into markets across the Middle East and South-East Asia. Currently, international business makes up a small single-digit percentage of revenue, with management aiming to increase this share to 30 percent over the next few years.
To support this growth, the company is evaluating locations in Delhi and Maharashtra to set up a second manufacturing facility. This is intended to double their production capacity from the current 100 to 120 units per year.
Investors and market observers should note that Solinas Integrity is a private entity and is not listed on stock exchanges. As such, it does not provide the public financial disclosures, quarterly reports, or stock price updates that investors see for listed companies. The business faces specific risks common to early-stage deep-tech firms. Its primary revenue model relies heavily on securing contracts with municipal corporations and utility providers. These government-linked projects can be subject to bureaucratic delays, payment cycles, and changing policy priorities, which may impact cash flow.
Furthermore, the robotics sector for sanitation is capital-intensive. The company must continue to invest heavily in research and development to keep its hardware and AI software competitive. Future progress will depend on the management's ability to navigate the complex procurement processes of different municipal bodies and successfully scale their operations beyond their current footprint without significant cost overruns.