# Haber

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/haber

- Industry: Agribusiness
- Headquarters: Pune, India
- Website: www.haberwater.com
- Total disclosed funding: $65M
- Latest round: Series C (Oct 1, 2024)
- Investors on record: 7

## About

Haber, based in Pune, India, is dedicated to enhancing industrial efficiency through advanced automation solutions. The company offers real-time monitoring technologies that leverage data-driven insights for improved operational decision-making.Founded in 2017 in Pune, India, Haber is focused on providing automation solutions for industrial operations. The founders, Naina Dasouni, Paras Pathak, Priya Venkat, and Vipin Raghavan, established the firm to address challenges in industrial efficiency. The latest funding round, a Series C raising INR 3.17 billion, was completed on December 11, 2024, with investments from Accel, BEENEXT, and Creaegis. The total amount raised to date is INR 3.17 billion, and the company is currently valued at INR 12.42 billion.Haber specializes in delivering automation solutions aimed at improving plant efficiency and profitability through data-driven decision-making. Their core offerings include automated sampling for real-time process monitoring, which replaces manual methods while generating extensive datasets. The eLIXA platform integrates AI algorithms to allow continuous monitoring and control of production processes. This technology benefits clients in various sectors, such as packaging, pulp and paper, and food and beverage, addressing issues like reduced chemical consumption, enhanced product quality, and sustainability goals.Haber generates revenue through a subscription-based model, providing automation solutions designed for the industrial sector. Their services encompass comprehensive packages that include the eLIXA platform and real-time monitoring tools, with ongoing support tailored to customer needs. In the most recent fiscal year, Haber reported a revenue of INR 576.08 mn, while their EBITDA for the same period stood at INR -13,590.53 mn.Haber plans to utilize the recent funding of INR 509 million raised on December 11, 2024, from Alteria Capital to support its growth initiatives. The company aims to expand its market presence geographically, targeting new regions by the end of 2025. Additionally, they are developing AI-powered industrial robots for various sectors, reflecting their commitment to innovation and ongoing investment in technology.

## Funding rounds

- Series C, Oct 1, 2024, $38M — Accel, BEENEXT, Alteria Capital, Creaegis
- Series B, Aug 13, 2021, $20M — Accel, Ascent Capital, Elevation Capital, BEENEXT
- Series A, Apr 23, 2019, $6M — Accel, SAIF Partners, BEENEXT
- Series A, Jun 29, 2017, $1.2M — SAIF Partners

## Investors

- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series A
- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A, Series B, Series C
- Ascent Capital (https://capitalatlas.ai/funds/ascent-capital) — Series B
- Elevation Capital — Series B
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series C
- Creaegis (https://capitalatlas.ai/funds/creaegis) — Series C