Bariflo Cybernetics secures Rs 2 crore from MC2 Plus for AI wastewater treatment

Odisha-based Bariflo Cybernetics has secured Rs 2 crore in milestone-linked funding from MC2 Plus, an energy innovation platform led by the Ministry of Petroleum and Natural Gas, YourStory and Newzchain reported on 5 November 2026. Disbursements are tied to agreed milestones, according to founder and CEO Mrityunjay Sahu. MC2 Plus brings together HPCL, ONGC, Indian Oil, BPCL, GAIL, Oil India and Petronet LNG, and offers funding, research facilities, mentorship and industrial pilot access.

Bariflo, founded in 2018, builds IoT sensors and AI models that monitor wastewater parameters such as pH, total dissolved solids and flow, then set chemical dosage and treatment steps on existing effluent treatment plants. Sahu told YourStory the stack has shown potential to cut energy use by about 25 percent and improve chemical efficiency. The company charges an upfront deployment fee plus a monthly service fee, and said revenue was about Rs 1.2 crore in 2025-26. Before this grant it had raised close to $1 million through grants, equity and debt.

Bariflo has run pilots with Indian Oil Corporation's R&D centre in Faridabad and is preparing a BPCL pilot to test treatment efficiency, energy use and chemical consumption in an industrial setting. Sahu said a successful validation could lead to a commercial work order. Selling into large industrials and PSUs still means long evaluations across R&D and multiple decision-makers. The company names Ion Exchange and VA Tech WABAG as indirect AI water-treatment competitors.

The fresh capital is earmarked for upcoming pilots and more site installations as Bariflo shifts from technology proving toward commercial deployments. Installation cost for a large refinery automation setup is typically about Rs 1 to 2 crore, Sahu said, with payback depending on plant size and current operating costs.