Praesagus Real Time Production Optimization Private Limited
Registered office as filed with the MCA.
Sectors as filed: Oil & Gas Exploration and Production
The website is as filed on the register. We have not checked that it resolves. Something wrong with this startup?
Is this your startup? Claim it and correct what we hold.
Six things we look for on every startup: DPIIT recognition, a CIN, a website, a description, a logo and a funding signal. Not held here: Funding signal.
Location
Where this is
Street-level
Karve Nagar
Maharashtra
Street-level coordinate, derived from a registered address in Karve Nagar. We print the registered office as filed with the MCA, trimmed of contact details; it never appears in a report or an export, and a request from the company removes it within two working days.
This is the registered office on the company's own MCA filing, which is the address printed above. A registered office is frequently a founder's home, and it is not necessarily where the company works.
Map data © OpenStreetMap contributors · © Protomaps
Geocode confidence: high
In context
What this startup amounts to
PRAESAGUS REAL TIME PRODUCTION OPTIMIZATION PRIVATE LIMITED is a Startup India startup placed at street level in Karve Nagar, one of 19,787 startups we hold in Pune. 98 of those startups are filed under Non- Renewable Energy, under 1% of the district. It carries no funding signal of any class, which is true of 18,186 of the 19,787 startups in Pune.
Every figure above is counted from the 2026-08 snapshot and is the same number the page it links to prints.
In their own words
Praesagus RTPO is an India based O&G technology firm that provides specialized technology using deep domain expertise and artificial intelligence to optimize reservoir sweep and production of O&G assets. Praesagus RTPO has a track record of successful optimization of oil and gas assets in the past 9 years with Indian as well as global oil and gas companies. The company recently won the Best Idea Award for Innovation from Vedanata for delivering additional reserve recovery of approximately 5 MMSTB and accelerated production of approximately 3000 barrels/day in their Mangala field. Mangala field represents India’s highest producing fields and any increase in Mangala field’s oil production directly impacts the lives of every Indian. The RSO technology and it’s application in the Mangala field represents significant benefit to the society India currently imports more than 80% of its crude oil needs. This is a severe drain on India’s public funds. Thus, increasing India’s domestic crude oil production is of critical importance for the nation. If applied nationwide, Praesagus RTPO technology and service offering can deliver 10% additional production from India’s existing production which will amount to approximately 80000 barrels/day which will reduce the import of crude oil by 3% and save approximately US $ 1.5 Billion in foreign currency import spending. Startup Highlights: Only company combining Deep Domain Expertise + Physics + AI for delivering optimization which is directly implementable in the field. India and US based deep technical expertise and collaborations Successful delivery of reservoir management and production optimization for 9 years for oil and gas companies such as Vedanta-Cairn Oil and Gas, BP, Shell, ConocoPhillips etc. Winner of the prestigious Vedanta Best Idea Award for innovation and technology Team: Ashish Chitale: Founder and CEO – 20 years of experience in oil and gas technology with global players such as BP, Shell etc. SME in production optimization and digital transformation of oilfields Ankeet Vora: Production Technology head – 15 years of experience in oil and gas production with global players such as Shell BG etc. Nitin Kulkarni: Software Technology – 15 years of experience in software development. Dr. Akhil Dattagupta: Advisor, Reservoir Management – Global expert in Reservoir Management. Professor and L.F. Petersom chair, Teas A&M University. Member of National Academy of Engineering, USA Burney Waring – Advisor, Production Optimization – over 30 years of experience in oil and gas production. Global SME in production Optimization. Retired as global head of production for Shell International.
Written by the company on its public Startup India profile. Not verified by us.
The listing
What the startup says
- DPIIT recognition number
- DIPP74500
- CIN
- U74999PN2011PTC138713
- Incorporated (MCA)
- 2011
- Registered on Startup India
- 2019
- Self-declared stage
- Scaling
- Industry
- Non- Renewable Energy
- Non- Renewable Energy in Pune
- 98 startups
- District
- Pune
- State
- Maharashtra
- Registered pincode
- 411052
- MCA status
- Active
- Company class
- Private
- Registrar
- RoC-Pune
- Authorised capital
- ₹25,00,000
- Paid-up capital
- ₹18,80,000
Building a list? 19,787 Pune startups are in Explore, with website and CIN columns, the first 25 free.
Nearby
More startups near here
Other startups the register places in Pune, ranked by the evidence held on each, the same six things the dots near the top count.
Around it
The neighbourhood
We hold Karve Nagar as a line of text on this startup, not as an index, so we cannot tell you which other companies share it. The district is the finest ring we count.
All 19,787 registered startups in Pune are analysed in a 49-page report. About the report
Limits
What we do not know
- no funding signal of any kind
We have no liveness signal for any company on this site: no filings feed, no revenue, no check that the website still resolves. A startup existing here means a startup exists, not that a business is trading.
Is this your company?
Everything here comes from public government records. If something is wrong, the authoritative place to correct it is the Startup India portal itself, and we will pick the correction up on the next monthly snapshot. To flag an error on our side, use the report link or write to trust@indianstartupmap.com.
How we built this page Where the data comes from How you may reuse it
Next
Keep looking
One startup is one row. Pune has 19,787.
See Pune