About 2 DEGREES CLICON
2 DEGREES CLICON is an Environment company based in Hyderabad (India) founded in 2013. End-of-life plastics and rubber are converted into fuel products. 2 DEGREES CLICON has raised $416.77 thousand across 1 funding round from investors including A2 Partners. The company has 55 employees. 2 DEGREES CLICON was last valued at $13.46 million in November 2020. Its Indian entity 2 Degrees Clicon Private Limited reported revenue of ₹40.15 Cr. Its focus areas include Environment Tech, Solid Waste Management Tech, Waste-To-Energy and Fuel. Its competitors include Banyan Nation, Dalmia Polypro Industries and Srichakra Polyplast; 3 of its 3 listed competitors have raised funding.
Company details
Provider of waste to fuel conversion solution. The platform has developed a patented post-processing technology that converts end-of-life plastic rubber into fuel products. Claims that the developed technology fuel quality has been approved by Hindustan Petroleum Corporation. Has produced and supplied 10-million litres of alternative fuel to the industrial sector by recycling 978-tonnes of waste. Also planning to gasify landfill waste and produce biogas through the anaerobic digestion process.
- Headquarters Hyderabad, India
- Employees 55
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website 2degreesclicon.com
- Social LinkedIn Facebook
- Legal Name 2 Degrees Clicon Private Limited
- Date of Incorporation 15 Mar, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹40.15 Cr
FY 2024 · +75% YoY
- Net Profit₹1.04 Cr
FY 2024 · 3% margin
- EBITDA₹2.47 Cr
FY 2024 · 6% margin
- Total Equity Funding$416.77K (USD)
in 1 rounds
- Latest Funding Round$416.77K (USD), Seed
Nov 2020
- Investors
- Employee Count55
Associated legal entities of 2 DEGREES CLICON
2 DEGREES CLICON is associated with 2 registered companies on The Company Check; the primary company is 2 Degrees Clicon Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 2 Degrees Clicon Private Limited CIN U74900TG2016PTC103898 | Active | 15 Mar 2016 | Hyderabad, Telangana | ₹40.1 Cr | 55 | 4 | View details |
| Ideation Services Private Limited CIN U74120UP2014PTC064980 | Active | 18 Jul 2014 | Aligarh, Uttar Pradesh | ₹8.4 Cr | 2 | View details |
Funding Insights of 2 DEGREES CLICON
2 DEGREES CLICON has successfully raised a total of $416.77K through 1 strategic funding round. The most recent funding activity was a Seed round of $416.77 thousand completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $416,767
- Total Rounds 1
- Last Round Seed — $416,767
- First Round $416,767
(Nov 2020)
- Investors Count 1
All 1 funding rounds of 2 DEGREES CLICON with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $416,767 | Seed | $13.46M | A2 Partners | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2020 | $13.46M | •••••••• |
Last known valuation $13.46M (Nov 2020). 1 investors in total: 1 institutional.
Investors in 2 DEGREES CLICON
2 DEGREES CLICON has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include A2 Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup business accelerator firm | a2.sg | Singapore, Singapore |
Investor details for 2 DEGREES CLICON
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Board of directors of 2 Degrees Clicon Private Limited (2 DEGREES CLICON)
2 Degrees Clicon Private Limited is the primary company behind 2 DEGREES CLICON. The boards of the 2 registered companies of 2 DEGREES CLICON currently have 6 directors; the longest-serving is Sheetal Agarwal, appointed in 2016. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sheetal Agarwal DIN 07417771 | Director | 15 Mar 2016 | 10 yrs 7 mo | 2 Degrees Clicon Private Limited |
| Jay Prakash DIN 08205771 | Director | 23 Aug 2018 | 8 yrs 2 mo | Ideation Services Private Limited |
| Sivasubramaniam Krishnamurthy DIN 08357367 | Director | 14 Feb 2019 | 7 yrs 8 mo | 2 Degrees Clicon Private Limited |
| Guru Dhatt DIN 08910412 | Director | 11 Jul 2022 | 4 yrs 3 mo | Ideation Services Private Limited |
| Vishal Vaibhav DIN 02777881 | Director | 01 Aug 2022 | 4 yrs 2 mo | 2 Degrees Clicon Private Limited |
| Kritika Agarwal DIN 08461976 | Director | 21 Aug 2024 | 2 yrs 2 mo | 2 Degrees Clicon Private Limited |
Financials of 2 DEGREES CLICON
Figures of 2 Degrees Clicon Private Limited, the primary company behind 2 DEGREES CLICON, for FY 2024. Revenue was ₹40.15 Cr (+75% year on year). Net profit was ₹1.04 Cr (3% margin). EBITDA was ₹2.47 Cr (6% margin). Revenue has grown at a compounded annual rate of +11% over three years and +223% over five years.
- ₹40.15 CrRevenue · FY 2024 · +75% YoY
- ₹1.04 CrNet profit · 3% margin
- ₹2.47 CrEBITDA · 6% margin
- ₹24.8 LakhPaid-up capital
- 55Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +223%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of 2 Degrees Clicon Private Limited are on its company page.
Detailed financial statements for 2 DEGREES CLICON
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of 2 DEGREES CLICON
3 dated milestones of 2 DEGREES CLICON across 7 years, from founding to its latest funding, stage changes and deals.
- Founded 2 DEGREES CLICON is founded.
- Funding First funding round of $417K.
- Milestone Reaches Minicorn status.
Competitors of 2 DEGREES CLICON
2 DEGREES CLICON has 3 listed competitors in our database, 3 of them funded. They include Banyan Nation, Dalmia Polypro Industries and Srichakra Polyplast.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| banyannation.com | 2013 | Hyderabad, India | $800,000 | 205 | Post-consumer and industrial plastics are recycled into comparable granules. | |
| dalmiapolypro.in | 2006 | Mumbai, India | $10.78M | 133 | Provider of recycled plastic flakes and granules from post-consumer waste. It sources waste from various points in the supply chain, including waste pickers and municipalities. The company processes this waste to produce high-quality recycled PET and polyolefin products for use in various industries, including fashion, consumer packaging, and material handling. It also assists companies in meeting their extended producer responsibility (EPR) obligations. The process aims to maximize the value of collected plastic waste and promote a circular economy. | |
| srichakra.in | 2010 | Hyderabad, India | $12.08M | 170 | End-to-end plastic recycling and waste management solutions are provided. |
Detailed competitors of 2 DEGREES CLICON
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as 2 DEGREES CLICON (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Frequently Asked Questions about 2 DEGREES CLICON
2 DEGREES CLICON was founded in 2013 and raised its 1st funding round 7 years after it was founded.
2 DEGREES CLICON is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
2 DEGREES CLICON is a funded company, having raised a total of $416.77K across 1 funding round to date. The company's 1st funding round was a Seed of $416.77K, raised on Nov 2020.
2 DEGREES CLICON has 55 employees.
The primary company behind 2 DEGREES CLICON, 2 Degrees Clicon Private Limited, reported revenue of ₹40.15 Cr for FY 2024, up 75% year on year.
Provider of waste to fuel conversion solution. The platform has developed a patented post-processing technology that converts end-of-life plastic rubber into fuel products. Claims that the developed technology fuel quality has been approved by Hindustan Petroleum Corporation. Has produced and supplied 10-million litres of alternative fuel to the industrial sector by recycling 978-tonnes of waste. Also planning to gasify landfill waste and produce biogas through the anaerobic digestion process.
2 DEGREES CLICON's top competitors include Srichakra Polyplast, Banyan Nation and Dalmia Polypro Industries.
2 DEGREES CLICON has 1 investor. Key investors include A2 Partners.
The valuation of 2 DEGREES CLICON is $13.46M as of Nov 2020.
2 DEGREES CLICON is associated with 2 legal entities: 2 Degrees Clicon Private Limited, Ideation Services Private Limited.
The legal entities of 2 DEGREES CLICON currently have 6 directors, including Sivasubramaniam Krishnamurthy, Vishal Vaibhav, Sheetal Agarwal and others.