Collects used cooking oil from businesses and converts it into biodiesel. It provides waste management solutions to restaurants and food manufacturers while enabling sustainable fuel production. $2.5M Series A led by Fundalogical Ventures, along with Caspian Impact Investment, Momentum Capital, and existing investor The Chennai Angels. Founded in Nov 2019, Delhi based. Founders: Sushil (Symbiosis International University '09) was a supply chain manager at Admirals Trading LLC (F&B manufacturer and distributor in the UAE) for 10 years, before which he was a supply chain manager at IFFCO; Kirti (MBM Jodhpur '06) was a supply chain specialist at Gourmet Gulf LLC (operator of F&B chains in Dubai) for a year, before which she was a supply chain specialist at Knight Frank.

EV financing and asset management platform. Its services include leasing, asset management, maintenance, roadside assistance, and recovery. It has enabled financing for over 25,000 EVs across two-wheelers, cars, buses, and trucks. $6.4M Series A led by IvyCap Ventures, along with existing investors Asian Development Bank, Advantedge Founders, as well as Trucks Venture Capital. The company raised $3M in March 2025. Founded in Apr 2023 in partnership with Grip Invest, Gurgaon based. Founder and CEO Kunal (IIM Bangalore '05) was previously the CEO of CARS24, was Executive VP at Bain Capital, and was MD and CEO of CEAT Specialty Tyres. He started out at BCG (eight years).

Operates the Pehla Jaisa brand. Circular economy startup converting organic and agri-waste into high-quality bio-fertilizers and bio-stimulants through hyperlocal processing hubs. By embedding small-scale, tech-enabled units within village-level waste centers, the startup reduces first-mile logistics costs and enables decentralized production of compost, gas, and electricity. It operates in 10 districts of Bihar and Jharkhand, and will now expand to all 66 districts in these two states. ₹12CR Pre-Series A led by Unicorn India Ventures, with participation from Climate Angels and a-IDEA. Founded in Jan 2023, Gurgaon based. Founders: Pankaj (College of Technology, G B Pant University '14) was Co-Founder at antibiotic-free egg brand Eggoz; Ehtesham (IIT Kharagpur '11) was VP at Eggoz; while Shabhih (United College of Engineering & Research '18) was Head of Operations at the same company.

Product engineering company offering end-to-end manufacturing solutions, with a strong focus on DC charger controllers. It works with global clients across industries to design, develop, validate, and scale hardware and software products. Its primary customer segment is EV OEMs and charging infrastructure companies. $4.2M Series A led by Sabre Partners and Greenstone Capital. Founded in Jan 2021, Ahmedabad based. Founders: CEO Binal (L.D. College of Engineering '05) was at related company, software dev firm Bacancy Technology since 2012; COO Krunal (Hemchandracharya North Gujarat University '05) was at System Level Solutions (industrial IoT) for 14 years; CTO Hardik (also Hemchandracharya North Gujarat University '05, and Sikkim Manipal University MBA '11) was at System Level Solutions for a similar period.

Clean-tech startup building a reusable packaging system for the food industry. The company replaces single-use containers with durable, traceable boxes that are collected, washed and circulated back into use. Designed for restaurants, corporate campuses and delivery platforms, InfinityBox’s containers can be reused hundreds of times, helping reduce packaging waste and the carbon footprint of food delivery. The company was at ₹17.8CR in FY25 revenue with minimal losess. ₹14.1CR Pre-Series A at ~₹87CR post-money, led by existing investor Rainmatter, along with existing investors AAR EM Ventures, Capital-A, and Dhyanesh Shah. Founded in Feb 2019, Bangalore based. Founders: Shashwat (IIT Kharagpur '19) started this part-time out of college, spent a year each at McKinsey and advisory firm SAGANA before shifting focus to InfinityBox; along with fellow alum Keshav who is IIT Kharagpur '22).

Next-generation electrolyzers for green hydrogen production. The startup has developed a patented, membrane-less architecture designed to lower manufacturing costs and reduce system complexity, making hydrogen production more efficient and scalable. ₹28CR Pre-Series A from HDFC Bank and Mitsui Sumitomo Insurance. Existing investors Aavishkaar Capital, Peak XV Partners, Speciale Invest and Micelio Fund also participated. Founded in Aug 2020, Bangalore based. Both co-founders, Prasanta (SRM '11; Univ. of Manchester '12; Université Grenoble Alpes Ph.D. in Fluid Mechanics, Energy and Process Engineering '19); and Rochan (KU Leuven Master's; Eindhoven University of Technology PhD in Engineering Physics/Applied Physics) were part of the Entrepreneur First 2020 cohort and started out soon after their PhDs.

Sanitary pad recycling company. The company manages the collection and recycling of used menstrual hygiene products, replacing traditional incineration and landfill dumping with a circular approach. Using its patented tech, it converts used pads into cellulose pulp and plastic. It operates in 24 cities, with collections from 2,000 sites for 685 business, industrial and residential clients. It will soon launch PadCare Orbit, a B2C app to organize collection in housing socities. The company raised $3M in a Pre-Series A round led by Rainmatter, with the participation of 3one4 Capital, Brigade REAP, PKRBCV Shroff Trust. Existing backers Lavni Ventures and 3i Partners also doubled down, with additional debt financing coming in from EXIM Bank and ICICI Bank. Founded in June 2018, Pune based. Founder & CEO Ajinkya (Shri Guru Gobind Singhji Institute, Nanded '17) worked briefly as an R&D engineer at Grind Master Machines, and completed a fellowship at the Royal Academy of Engineering in the UK, before starting PadCare.

Advanced automotive drive systems for EVs, with a patented magnet-free Virtual Magnet motor architecture, which is powered by control algorithms and the latest in power electronics. The technology delivers superior performance while taking away dependence on rare earth minerals to produce magnets. Use cases across automotive, industrial and defence systems. $5M Series A. Founded in May 2024 under the Volektra brand. Founders: Manish (Master's from Univ. of Michigan '07; Kellogg MBA '20) has worked for about 18 years on product development in automotives (Konsberg Automotives; Ford; VW) Piyush ('04 Master's and '09 PhD from Illinois Institute of Technology) has worked for a similar period on electrical power systems (Woodward - aircraft electronics; PV Solar Inverter Systems; Danfoss Solar Inverters).

On-demand recycling platform for households and companies to arrange doorstep pickup of their e-waste, paper, metals, cartons, plastics, textiles and even end-of-life vehicles. It has recycled over 20 million kilograms of waste worth more than ₹45CR, has 350K app downloads and has completed 300K pickups. It contracts with 200 informal workers. ₹22CR (c. $2.2M) Pre-Series A round co-led by Orios and Acumen Fund. Other investors in the round: Upaya Social Ventures, Venture Catalysts, We Founder Circle, Soonicorn Ventures, Bharat Jaisinghani (Polycab). Featured on Shark Tank Season 2, has raised ₹3CR in a seed round prior to this round. Founded in Jul 2019, Delhi based. Founder Mukul (Indraprastha Institute of Information Technology '20) co-founded DroneMed (UAVs) in college before starting ScrapUncle.

Re-commerce startup building a full-stack platform for refurbished consumer electronics. The company sources, repairs and resells premium devices, primarily Apple iPhones, MacBooks and iPads, offering quality-checked, warranty-backed products at lower price points. With its own large refurbishment facility and a growing online-plus-offline retail footprint across India, Grest is positioning refurbished electronics as a reliable, mainstream alternative while pushing a more circular, lower-waste model for consumer tech. ₹16CR in a growth round led by Equentis Wealth, along with JIIF, The Chennai Angels, India Accelerator, Lead Invest, 8i Ventures. Seed round of an undisclosed amount led by India Accelerator in April 2025. Founded in Oct 2018, Gurgaon based. Founders: CEO Shrey is ex-L&T and Punjj Lloyd; COO Nitin is a former telecoms engineer (ZTE, Nokia Siemens, Ericsson). Comps: Cashify (selling all brands) did ₹935CR (~$100M) of revenue in FY24.