MeitY Startup Hub onboards MergerDomo to strengthen start-up ecosystem in India
Posted By - Investment Banker
Founded in 2014 with mission to ensure the faster adoption of a circular economy
for end-of-life electrical and electronic equipment.
* Set up two recycling plants one in Andhra Pradesh and another in Assam with
capacity to recycle 300 & 120 tonnes of E-Waste per annum. Recycled over 500 tonnes of e-waste from across the length and breadth of the country since it’s inception.
* Offers a marketplace to bridge the gap between waste generators and processors.
* A CPCB-registered Producer Responsibility Organization (PRO) which deals with
manufacturers directly to meet their EPR targets.
Working closely with more than 50 B2B customers, including Government offices, PSU & Private enterprises.
Funding Requirement
INR 50 Mn
Funding Status
I do not have any investment commitment
Horizontal Industry
Marketplace, SaaS, Enterprise, Subscription, Transactional
Industry &
Sub-Industry
, E-Commerce (2)
Technology/Product/Service Offering
E-WASTE MANAGEMENT MARKETPLACE
Early Revenue
B2B, B2B2C
End use of fund (in %)
Monthly Revenue Run Rate of past 3 months
| 2018 (in INR) | 2019 (in INR) | 2020 (in INR) | 2021 (in INR) | ||
|---|---|---|---|---|---|
| Sales | 5 Mn | 7 Mn | N.D | N.D | |
| EBDITA | N.D | N.D | N.D | N.D | |
| PAT | N.D | N.D | N.D | N.D | |
| TOTAL DEBT | N.D | N.D | N.D | N.D | |
Business Document
If you are interested in connecting with business please send an Expression of Interest and receive a pitch deck to take this opportunity further.
EXPRESS INTEREST MARK FAVOURITE
