EcoEx, a sustainable waste management and clean technology startup, has raised $4 million in a seed funding round co-led by Dovetail Global Fund PCC, Navbharat Investment Fund, and Narnolia Velox Fund, with participation from a group of strategic investors.
The newly raised capital will be used to advance EcoEx’s technology capabilities, hire top talent, and expand its footprint into new markets.
A substantial portion will also go towards strengthening the company’s clean-tech infrastructure and scaling its recently launched Waste Commodity App, which enables transparent and traceable waste trading.
Founded in 2020 by Nimit Aggarwal and Akshaya Rath, EcoEx offers an integrated platform for waste collection, commodity trading, and Extended Producer Responsibility (EPR) compliance.
The company empowers bulk waste generators, recyclers, and producers to achieve ethical waste disposal and sustainability goals through its suite of tools such as EPR Pro, a B2B marketplace, and other mobile-based digital solutions.
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EcoEx’s Waste Commodity App features real-time tracking, e-auctions, and secure digital payments, promoting transparency and efficiency in the waste trading ecosystem. The platform currently supports a network of over 3,000 recyclers and collectors across India, facilitating seamless interactions between waste producers and certified recyclers.
Since inception, the company claims to have helped Producers, Importers, and Brand Owners (PIBOs) secure over 1 million metric tonnes of EPR credits through CPCB-certified recyclers, driving measurable environmental and compliance outcomes.
The company aims to leverage this funding to make waste management smarter, data-driven, and scalable across India’s fast-growing CleanTech landscape.
