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Solinas

Products organise the management of pipelines,manholes and septic tanks

Deal

The pitch

Season / Episode: S2 E16
Aired: 23 Jan 2023
Industry: Business Services
From: Chennai, Tamil Nadu
Founded: 2020
Asked for: ₹90 L for 2%
Valuation asked: ₹45 Cr

The outcome

Deal: ₹90 L for 3%
Deal valuation: ₹30 Cr
Yearly revenue: ₹1.2 Cr
Gross margin: —

Who invested

Anupam₹45 L for 1.5%
Peyush₹45 L for 1.5%

Founders

Moinak Banerjee — Co-founder source
Divanshu Kumar — Co-founder source
Bhavesh Narayani — Co-founder source

Researched from public sources · checked 20 Aug 2026

What happened next

IIT-M startup Solinas raises $5.5 mn, led by Hero Ventures
IIT Madras-incubated Solinas Integrity closed $5.5 million in funding led by Hero Ventures, to deepen its presence in existing markets and expand into new states and international markets.
The Times of India · 6 Aug 2026

News is researched from public sources, is not exhaustive, and carries the date it was published — not a live status.

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