Waste Management Startup WeVOIS Raises Rs 36 Cr Funding

WeVOIS, a waste management startup, has raised Rs 36 crore ($4.2 million) in a Series A funding round led by Negen Capital and Vyom Wealth (Polycab family office). 

The funding round also saw participation from Venture Catalysts, SN Capital, Warmup Ventures, Marsshot Ventures (Razorpay Founders’ Fund), and other notable angel investors.

WeVOIS plans to use the fresh funds to grow its operations, form new partnerships and drive innovation across the country. 

By using advanced technology and focusing on sustainability, WeVOIS aims to bring change to the industry and tackle india’s waste management issues. 

The funding is also a major step toward setting global standards in waste management, helping create a cleaner, greener and more sustainable future, according to the company.

Read also - Recur Club Unveils INR 150 Cr Fund to Boost D2C Brand Growth

Abhinav Vashistha, Co-founder and CTO of WeVOIS, said, "We will use this funding to establish a state-of-the-art centre of excellence for advanced waste processing, a first-of-its-kind facility in India. Our prototypes are ready for commercialisation, allowing us to reduce waste and its environmental impact drastically. This is a vital step toward positioning India as a global pioneer in waste management technologies."

Advertisment

"The waste management sector has evolved significantly, driven by better regulations and heightened awareness. WeVOIS’s cutting-edge technology is uniquely positioned to address these challenges while creating immense value for investors and communities alike," said Neil Bahal, Founder of Negen Capital.

About WeVOIS 

Founded by Abhishek Gupta and Abhinav Shekhar Vashistha, Jaipur-based WeVOIS is setting up textile waste recycling plants and bio-CNG facilities to turn wet waste into clean energy, showcasing innovation in sustainable waste management.

The startup uses an IoT-based mobile app to help sanitation staff follow optimized routes, making sure all waste is collected without missing any stops. The app also tells citizens about collection schedules and lets them track collection vehicles in real time.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Advertisment

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.