What Earth Water does

Earth Water Limited is a Gurgaon-headquartered, privately held Indian water and wastewater management company founded in 2003 (per company filings; the firmographic record lists 2010). It operates a multi-brand platform comprising Fontus Water (industrial and institutional water management projects), Aventura (water components and consumables distribution to OEMs and system integrators, built over two decades), and Panisa/PaNiSa (community drinking water solutions via water ATMs). Core offerings span turnkey water and wastewater treatment projects including seawater desalination, sewage recycling, industrial effluent zero liquid discharge (ZLD), and lake rehabilitation, complemented by packaged treatment plants (sewage treatment plants, ZLD units, water vending machines, capacitive deionization units, non-chemical softeners, and the Aquartis low-temperature evaporator), and a comprehensive services portfolio covering O&M, emergency response, retrofitting, monitoring and testing, operator training, and piloting/rental. The company monetizes through project execution (turnkey and build-own-operate), one-time packaged plant sales, hardware/components distribution, managed O&M service contracts, and transaction-based water sales through ATMs and vending machines.

The company operates 7 offices across India (Gurugram HQ, New Delhi registered office, plus Mumbai, Pune, Hyderabad, Chennai, Bangalore regional offices) and serves enterprise industrial customers (notably Adani Power under India's largest 47 MLD Seawater Desalination Plant O&M contract), government and public-sector clients (Indian Railways across 162 stations, Karnataka, Rajasthan and Haryana state drinking water departments), and CSR-backed programs funded by Canara Bank, Cairn India, BPCL and NTPC. As of the input data, Earth Water Limited is undergoing Corporate Insolvency Resolution Process (CIRP) — public announcements, claim lists, and EOI documentation are published on the company website — indicating material financial distress and a likely restructuring, asset sale, or resolution outcome.

The business model combines high-barrier infrastructure execution (desalination, ZLD EPC), recurring service revenue (multi-year O&M contracts), and distributed retail (water ATMs/vending machines). The company has 50+ service contracts, 2,000+ operational water ATMs with a stated plan to reach 10,000+ locations, and a stated 15+ years of execution experience. Revenue is undisclosed, no funding rounds are recorded, and ownership is promoter-controlled (Sunil Ghorawat as CMD, Kamal Tiwari as co-founder) with no institutional investor footprint identified.

Name

Earth Water

Legal name

Earth Water Limited

Website

https://ewgroup.in

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Earth Water Limited is an Indian water and wastewater management company offering turnkey treatment projects, packaged plants, OEM components distribution, O&M services, and community water ATMs across industrial, government, and CSR-backed customers in India, currently undergoing Corporate Insolvency Resolution Process.

Ownership category

akta.pro rank

Product category

Water and Wastewater Treatment Services

NAICS

Water, Sewage and Other Systems (2213), Sewage Treatment Facilities (22132)

SIC

Water Supply (4941), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Water & Wastewater Treatment Plant Equipment (Clarifiers, Aeration, Membrane Systems) (IMAHAEAJ)

akta.pro secondary industries

Water Treatment Plant Construction (Drinking Water) (IMAFAGAA), Water Reclamation & Reuse Production (Tertiary/Advanced Treatment) (EUANADAD), Industrial Water Reuse Utilities (ZLD/MLD & Process Water Recycling) (EUANAGAG)

Keywords

• Water treatment services
• Wastewater management solutions
• Seawater desalination systems
• Zero liquid discharge technology
• Community drinking water ATMs

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Water Projects: Turnkey water and wastewater treatment project execution including design, installation, and maintenance. Also includes build-own-operate (BOO) project arrangements for industrial and government customers.
2. Packaged Plants: Standard packaged plants for water and wastewater treatment with modular design, sold as customized solutions.
3. Components & Consumables: Supplying specialized water components including FRP vessels, RO membranes, filters, resins, and accessories to OEMs and system integrators.
4. Operation & Maintenance Services: Service contracts for water and wastewater treatment operations including emergency services, retrofitting, monitoring, testing, operator training, and piloting rental services. Over 50 service contracts including the 47 MLD Seawater Desalination Plant.
5. Water Sales: Bulk and retail water distribution through water ATMs and water vending machines. PPP initiatives and CSR projects with government bodies and corporate partners. Over 2000 water ATMs operational.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels1 record

Core offering

Earth Water delivers end-to-end water and wastewater treatment solutions, including turnkey execution of seawater desalination, sewage recycling, industrial effluent treatment, and lake rehabilitation projects. The company also supplies modular packaged treatment plants, comprehensive operation and maintenance services, and water components and consumables to OEMs and system integrators. Through its sub-brands Fontus Water, Aventura, and Panisa/PaNiSa, it serves industrial customers, government bodies, OEMs, and rural/urban communities across India.

Product overview

Earth Water operates as a unified water solutions platform offering end-to-end products and services through its sub-brands. The portfolio consists of Fontus Water (industrial/institutional water management), Aventura (water components for OEMs), and Panisa/PaNiSa (community drinking water solutions). Core offerings include water and wastewater treatment projects, packaged treatment plants (Packaged Sewage Treatment Plant, Zero Liquid Discharge Unit, Water Vending Machine, CDI Unit, Non-Chemical Softener, Aquartis Evaporator), comprehensive services (O&M, emergency services, retrofitting, monitoring, training), and specialized water components and consumables.

Differentiator

Problem solved

Functional benefit

Brands

• Fontus Water: Specialist in providing integrated solutions for water management and wastewater treatment for industrial, government and institutional customers.
• Aventura
• Panisa
• PaNiSa

Products and services

• Water Projects (Turnkey Solutions) End-to-end water and wastewater treatment projects for industrial, government, and institutional customers, including seawater desalination, sewage recycling, industrial effluent zero liquid discharge, and lake rehabilitation.
• Packaged Treatment Plants Modular packaged plants including sewage treatment plants, ZLD units, water vending machines, water dispensing & information units, capacitive deionization (CDI) units, non-chemical softeners, and Aquartis low-temperature evaporators.
• Operation & Maintenance Services Service contracts for water and wastewater treatment operations, including emergency services, retrofitting, monitoring and testing, operator training and technical support, and piloting and rental services. Over 50 service contracts supported.
• Water Components and Consumables (Aventura) Specialized water components for OEMs and system integrators including FRP vessels, RO & UF membranes, filter cartridges and housings, resins, activated carbon, anti-scalants, multiport valves, distribution systems, diffusers, automatic panels, wastewater treatment media, pumps, dosing pumps, hydropneumatic tanks, residential RO components, booster pumps, and water storage tanks.
• Water Sales (Panisa / PaNiSa Water ATMs) Bulk and retail water distribution through water ATMs and water vending machines at railway stations and community locations, serving more than 3 million rural consumers through PPP and CSR initiatives.
• Fontus Water (Industrial/Institutional Water Management) Sub-brand providing integrated water management and wastewater treatment solutions for industrial, government, and institutional customers.

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• ASSOCHAMcoreStrategic or Co-development Partner · 6 August 2026ASSOCHAM is the lead industry partner for the EAW Global Aqua Expo 2026 being organized by Earth Water Foundation. The expo serves as an international platform for the water and wastewater sector, connecting manufacturers, technology providers, consultants, researchers, government representatives and investors.
• Rural Drinking Water Supply Department (Karnataka)coreStrategic or Co-development PartnerGovernment partnership working in 8 districts across Karnataka for rural water supply initiatives through water ATMs and community water solutions.
• Public Health Engineering Department (Rajasthan)coreStrategic or Co-development PartnerGovernment partnership working in 9 districts across Rajasthan for rural water supply through public health engineering initiatives.
• Public Health Engineering Division (Haryana)coreStrategic or Co-development PartnerPartnership with Haryana's Public Health Engineering Division via a unique hub-and-spoke model for water distribution.
• Indian RailwayscoreStrategic or Co-development PartnerPublic-private partnership providing safe and cold drinking water to passengers at over 600 water vending machines at 162 railway stations across India.
• Bhopal Municipal CorporationmajorStrategic or Co-development PartnerShiv Neer Project partnership with Bhopal Municipal Corporation for community water solutions.
• Canara BankminorGTM or Marketing PartnerCSR-backed project executing water solutions for communities as part of Canara Bank's social responsibility programs.
• Cairn IndiaminorGTM or Marketing PartnerCSR-backed community water projects executed as part of Cairn India's corporate social responsibility initiatives.
• BPCLminorGTM or Marketing PartnerCSR-backed water projects supporting communities as part of BPCL's social responsibility programs across various states.
• NTPCminorGTM or Marketing PartnerCSR-backed water projects executed for NTPC as part of their social responsibility programs to support communities.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• VA Tech Wabag: India-headquartered global water treatment EPC and O&M company with strong municipal and industrial focus. Directly competes with Earth Water in desalination, sewage treatment and ZLD projects, and operates at materially larger scale.
• Doshion Limited: Indian water and wastewater treatment company providing EPC, packaged plants, and specialty chemicals. Mid-sized direct competitor with comparable industrial customer focus and similar product portfolio breadth.
• Ion Exchange (India) Limited: Indian water and environment management company offering water treatment plants, membranes, resins and chemicals to industrial, institutional and municipal customers. Closely comparable product portfolio and customer base to Earth Water's Fontus Water and Aventura lines.

Broad incumbents

• Xylem India: Global water technology company providing pumps, treatment systems and smart metering through its Indian operations. Comparable to Aventura's components business and to certain segments of Earth Water's treatment portfolio.
• SUEZ Water Technologies & Solutions (India): Global water technology and services major with significant Indian operations across industrial water, desalination and ZLD. Competes with Earth Water for large industrial and municipal contracts but with substantially greater capital and global reference base.
• Thermax Limited: Large Indian diversified engineering company with a significant water and wastewater treatment division serving industrial customers. Overlaps with Earth Water's industrial water treatment and packaged plant offerings but operates as part of a much broader energy and environment portfolio.
• Praj Industries: Indian process engineering company with growing water and wastewater treatment business serving industrial customers including distilleries and process plants. Comparable in industrial ZLD and effluent treatment, though water is a smaller portion of its overall portfolio.
• Larsen & Toubro (Water & Effluent Treatment): Indian engineering and construction conglomerate with a large water and effluent treatment business serving municipal and industrial customers. Competes on turnkey water infrastructure projects, though water is a fraction of L&T's overall portfolio.

Others

• Wilo (India) / Grundfos (India): Global pump manufacturers with significant Indian operations supplying dosing pumps, hydropneumatic systems and pumping equipment to water treatment OEMs and system integrators. Comparable as component suppliers to Earth Water's Aventura brand but as upstream vendors rather than direct competitors.

Regional players

• Envirox Engineering & Consultants: Indian water and wastewater treatment EPC company focused on industrial and municipal segments with packaged plant offerings. Comparable in scale and product mix but with a more limited geographic footprint than Earth Water's multi-state presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Earth Water