- ByStartupStory | January 17, 2025
WeVOIS, a waste management startup, announced on Thursday that it has raised $4.2 million in its Series A funding round. The investment was led by Negen Capital and Vyom Wealth (the Polycab family office), with participation from Venture Catalysts, SN Capital, Warmup Ventures, Marsshot Ventures (Razorpay Founders’ Fund), and other angel investors.
The newly raised capital will be utilized to scale operations, expand partnerships, and drive innovation in waste management solutions across India. “By combining advanced technology with a commitment to sustainability, the company aims to inspire transformative change in the industry while addressing India’s waste management challenges,” WeVOIS said in a statement.
Abhishek Gupta, Co-Founder and CEO of WeVOIS, highlighted the company’s mission and progress, stating, “With over 1,500 sanitation workers and partnerships with over 20 municipal bodies, we are building a robust waste collection, recovery, and recycling ecosystem. We aim to establish 100 zero-waste cities in the next five years.”
WeVOIS is addressing critical issues in waste management by reducing reliance on virgin resources, minimizing greenhouse gas emissions, and reclaiming land through landfill diversion. The startup is developing textile waste recycling facilities and bio-CNG plants to convert wet waste into clean energy, showcasing its innovative approach to sustainable waste management.
India currently generates approximately 62 million tonnes of waste annually, with only 12 million tonnes being treated before disposal. With the volume expected to more than double by 2030, WeVOIS emphasizes the urgency of implementing innovative and scalable solutions to tackle the growing challenge.
Neil Bahal, Founder of Negen Capital, underscored the startup’s potential and the evolution of the sector, stating, “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.”
By leveraging advanced technology and strategic investments, WeVOIS aims to revolutionize waste management in India, paving the way for a cleaner, more sustainable future.
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