Mumbai-based waste management startup WeVOIS has secured INR 36 Cr in Series A funding from Negen Capital, Vyom Wealth and others to establish a Centre of Excellence for advanced waste processing
The startup, which works with over 1,500 sanitation workers and 20+ municipal bodies, aims to establish 100 zero-waste cities in the next five years through its IoT and AI-powered waste management solutions
The company is setting up textile waste recycling facilities and bio-CNG plants to convert wet waste into clean energy, with plans to optimize material flows and reduce carbon emissions through its proprietary technology
Mumbai-based waste management startup WeVOIS has secured INR 36 Cr (about $4.3 Mn) in its Series A funding round led by Negen Capital and Vyom Wealth. The round also saw participation from Venture Catalysts, SN Capital, Warmup Ventures, and Marsshot Ventures.
The startup plans to use the fresh capital to establish a Centre of Excellence for advanced waste processing and scale its operations across India.
Founded in 2018 Abhishek Gupta and Abhinav Vashistha, WeVOIS leverages IoT and AI-powered analytics to optimise waste collection and processing. The startup currently works with more than 1,500 sanitation workers and has partnerships with over 20 municipal bodies.
“Our goal is to establish 100 zero-waste cities in the next five years,” Gupta, cofounder and CEO of WeVOIS, told Inc42.
The startup is setting up textile waste recycling facilities and bio-CNG plants to convert wet waste into clean energy. WeVOIS has developed proprietary technology for waste management, focusing on optimising material flows and reducing carbon emissions.
“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,” said Vashistha, cofounder and CTO of WeVOIS.
The investment comes amid growing investor interest in India’s cleantech and waste management sector. In September 2024, RecommerceX raised $3.6 Mn (INR 30.23 Cr) in a seed round co-led by Accel and Kae Capital, while Attero expanded into the D2C space with its e-waste consumer take-back platform Selsmart.
In May 2024, BizDateUp acquired a 20% stake in wet waste management startup Duro Green, and in April, cloud-based waste management startup Recykal secured INR 110 Cr from 360 ONE Asset.
As per Mordor Intelligence, India’s waste management market is projected to reach $17.30 Bn by 2029. The sector has seen increased activity following government initiatives like the Battery Waste Management Rules, 2022, which mandate extended producer responsibility for manufacturers and importers.
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