Waste Management Startup Raising Funds In Ahmedabad
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Product / Service
They have a proprietor technology to turn solid waste into air.
Clientele type
They have plan to have B2B and B2G clients to process hazardous waste and municipal waste.
Premises
The premises are leased.
Asking Price Includes
The terms of transaction will be discussed with potential investors. The investment round is of INR 2 Cr, an individual can join as an investor with a minimum Investment of INR 50 Lakhs.
Reason
The incoming funds will be utilised for product development, marketing, and other expenses.
Other Details
They had proof of concept in 2020 and a validated the POC in 2022 for hazardous waste processing and emission control. They had their pilot project in 2023 and dispatched their first working unit in Oct'23. Presently, all the waster is either dumped in landfill or in waterbodies, the technology introduced by them can reduce waste upto 78%.
About the team:
Team Member A, a Project Engineer with over 6 years of work experience, has successfully managed projects from the inquiry phase to erection, demonstrating expertise as a Production Engineer in Plant & Machines. Additionally, he possesses proficiency in ERP & MRP systems and has experience with ISO audits.
Team Member B, a Design Engineer with over 12 years of work experience, specializes in 3D modeling and simulation, as well as drafting with design calculations. He brings extensive expertise in transitioning from foundry to machine manufacturing processes.
Team Member C, a Sales Engineer with over 6 years of experience, has a background as a Utility Engineer in Plant & Machines, providing him with valuable insight into plant utilities. With expertise in sales, he excels in lead generation and deal closing, making him a valuable asset in sales operations.
Team Member D, a Production Engineer with over 8 years of experience, specializes in plant and machine production engineering. His expertise includes manpower handling and shop floor management, particularly in the areas of heat exchangers and plant erection, showcasing his proficiency in overseeing complex manufacturing processes.
Business Tags
₹10 to ₹200 Cr
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