About 2 DEGREES CLICON
2 DEGREES CLICON is a company based in Hyderabad (India) founded in 2013. 2 DEGREES CLICON has raised $416.77 thousand across 1 funding round from investors including A2 Partners. The company has 55 employees as of March 31, 2024. 2 DEGREES CLICON operates in a competitive market with competitors including APK, Banyan Nation, Dalmia Polypro Industries, Jeplan and Srichakra Polyplast, among others.
- Headquarter Hyderabad, India
- Employees 55 as on 31 Mar, 2024
- Stage Minicorn
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Sectors
Environment
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Email
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Social
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- Legal Name 2 Degrees Clicon Private Limited
- Date of Incorporation 15 Mar, 2016
- Jurisdiction Rangareddy, Telangana, India
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Annual Revenue
$2.75 M (USD)-22.46as on Mar 31, 2023
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Net Profit
$66.59 K (USD)2036.42as on Mar 31, 2023
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EBITDA
$178.64 K (USD)42.22as on Mar 31, 2023
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Total Equity Funding
$416.77 K (USD)
in 1 rounds
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Latest Funding Round
$416.77 K (USD), Seed
Nov 12, 2020
- Investors
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Employee Count
55
as on Mar 31, 2024
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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.
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.
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Startup business accelerator firm
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Investor details for 2 DEGREES CLICON
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Investments & Acquisitions by 2 DEGREES CLICON
Investment portfolio details for 2 DEGREES CLICON
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Financial Statements - 2 DEGREES CLICON
Detailed financials for 2 DEGREES CLICON
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2 Degrees Clicon Comparisons
Peer comparison for 2 DEGREES CLICON
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Competitors of 2 DEGREES CLICON
2 DEGREES CLICON operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as APK, Banyan Nation, Dalmia Polypro Industries, Jeplan and Srichakra Polyplast, among others.
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Provider of plastic recycling solutions
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Post-consumer and industrial plastics are recycled into comparable granules.
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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.
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Waste plastic is processed into recyclable materials via advanced technology.
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End-to-end plastic recycling and waste management solutions are provided.
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Producer of waste polyethylene terephthalate (PET) plastics and polyester fibers
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Detailed competitors of 2 DEGREES CLICON
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Latest news on 2 Degrees Clicon
Complete news archive for 2 DEGREES CLICON
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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.
As of Mar 31, 2024, the latest employee count at 2 DEGREES CLICON is 55.
Annual revenue of 2 DEGREES CLICON is $2.75M as on Mar 31, 2023.
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 APK, Plastic Energy and Srichakra Polyplast.
2 DEGREES CLICON has 1 investor. Key investors include A2 Partners.
The valuation of 2 DEGREES CLICON is $13.46M as of Nov 2020.