Certified Startup
NAVIREX INDIA PRIVATE LIMITED
Sector:
Energy
Business Model:
B2C D2C Platform
Industry:
Renewable Energy
Technology:
Internet of Things (IoT) Sensors
About
Incorporation Date
Jul 28, 2025
Incorporation Type
Private Limited Company
Registered State
Kerala
Registered District
Kottayam
Registered Address
No. 213A/15, Anjaly Arcade, Karikode, Peruva, Vaikom, Peruva, Kottayam, Kerala
Office State
Kerala
Office District
Kottayam
Office Address
NaviRex India Pvt Ltd No 213A/15, Anjaly Arcade,Karikode P.O, Kottayam , Kerala- 686610 India
Team
HARIKRISHNAN A S
Founder
DEEPA SUKUMAR NAIR
Co-founder
NaviTrace
Our core product- NaviTrace is a digital platform that makes Virtual Net Metering (VNM) and carbon credit monetization accessible to small producers, renters, and local businesses.
Sector:
Energy
Industry:
Renewable Energy
Business Models:
B2C D2C Platform
Technology:
Internet of Things (IoT) Sensors

Our core product is NaviTrace , a digital platform that makes Virtual Net Metering (VNM) and carbon credit monetization accessible to small producers, renters, and local businesses.
1. Core Platform (NaviTrace App + Cloud MRV Engine):

  • IoT-enabled data logger connected to rooftop solar systems and meters.
  • App interface for producers, consumers, and hybrid users to view generation, consumption, and allocations in real time.
  • Digital billing layer for transparent settlement of energy sharing within a cluster.
  • MRV workflows to translate energy data into certified CO₂ savings eligible under India’s CCTS and international standards.

2. Community Solar Exchange Service:

  • Enables clusters of 4-10 small rooftop producers (≥12 kW aggregated) to pool generation and distribute it via VNM.
  • Renters, shop owners, and small businesses can access cheaper solar power without owning rooftops.
  • Local demand (salons, bakeries, labs, showrooms) is matched to nearby generation, ensuring high utilization.

3. Carbon Finance Integration:

  • Every unit of solar electricity generated is logged and converted into traceable carbon credits.
  • The platform ensures dual revenue streams for producers:
    ▪ Electricity sales at higher rates than DISCOM buy-back.
    ▪ Additional income from monetized CO₂ savings

4. Services Around the Platform
NaviRex digital platform is capable of much more- Our cloud engine will be capable of digesting huge amount of customer data and solar production data. With privacy and security layer added on. The platform continuously records energy flows through IoT loggers, aggregates verified CO₂ savings, and brokers carbon credits under India’s CCTS and international registries. Accredited validators and auditors are given dedicated access to review data and issue compliance reports directly within the system, ensuring speed and credibility. Over time, NaviTrace will extend beyond rooftop solar into EVs, biogas, and other GHG reduction assets, creating a future-proof, registry-agnostic infrastructure for decentralized climate action.

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