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Ecoil appeared in Shark Tank India Season-4 in Episode 51. Delhi-based Ecoil is an eco-friendly startup and a social enterprise that converts used cooking oil into biodiesel. It focuses on a sustainable and scalable waste-to-energy business concept. It collects and pays the highest price for used food oil recycling. It manages waste oils and fats.
Sushil Vaishnav and Kirti Vaishnav are the founders of Ecoil. Their dedication to quality, creativity, and customer satisfaction is at the heart of Ecoil's success. At Shark Tank India, they were seeking an offer of ₹ 1 Cr. for 1.25 % equity at the valuation of ₹ 80 Crore.
Also read- Profitable Future Business Ideas in India for 2025, 2030, 2050.
Ecoil Valuation, Funding, and Company Profile
| Company | Ecoil |
| Valuation | INR 50 Cr. |
| Founders | Sushil Vaishnav and Kirti Vaishnav |
| Headquarter | Delhi |
| Founding Year | 2018 |
| Industry | Oil and Gas |
| Got Investment | Yes |
Conclusion- Ecoil On Shark Tank India
It was an engaging episode at Shark Tank India - Season 4 with all sharks: Anupam Mittal, Aman Gupta, Namita Thapar, Ritesh Agarwal and Chirag Nakrani, where they secured a deal of ₹ 50 lakhs for 1 % equity + 0.6 % advisory equity + 50 lakhs debt at 9% interest for 3 years at the valuation ₹ 50 Cr. with Sharks Ritesh Agarwal and Chirag Nakrani and received valuable mentorship to help grow their business, Ecoil. Now, everyone is eagerly awaiting the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges.
Also read- Best Business Ideas Under 5 Lakhs in India for 2025.
