About Averda
Averda is an Environment company based in Dubai (United Arab Emirates) founded in 1964. Integrated waste management company. The company has 29 employees. Its website averda.com draws about 12 thousand monthly visits. Its Indian entity Averda Waste Management India Private Limited reported revenue of ₹15.65 Cr. Averda offers products and services including Urban Services, Industrial Services, Healthcare Services, Recycling and Processing, and Energy and Disposal. Its focus areas include Waste & Water Management, Waste Management, Treatment and Processing.
Company details
Averda offers products and services that sort, recycle, compost, incinerate and landfill waste and caters to government and commercial clients. The company has 4 brands Atria that offers contractual waste management in Lebanon and Ecoverde that offers cleaning and collection in the capital region of Angola, City bin Co a waste and recycling collection system for households and commercial clients in Ireland and Wasteman a fully integrated waste management solutions across all sectors in South Africa.
- Headquarters Dubai, United Arab Emirates
- Employees 29
- SectorsEnvironment
- Website averda.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Averda Waste Management India Private Limited
- Date of Incorporation 09 Oct, 2019
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹15.65 Cr
FY 2022 · +63% YoY
- Indian entity net loss-₹8.86 Cr
FY 2022 · -57% margin
- Indian entity EBITDA-₹7.99 Cr
FY 2022 · -51% margin
- Latest Funding Round$30M (USD), Debt – Conventional
May 2022
- InvestorsInternational Finance Corporation
& 2 more
- Employee Count29
Associated legal entities of Averda
Averda is associated with 2 registered companies on The Company Check; the primary company is Averda Waste Management India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Averda Waste Management India Private Limited CIN U74110DL2019FTC355977 | Active | 09 Oct 2019 | New Delhi, Delhi | ₹15.6 Cr | 29 | 2 | View details |
| Amritsar Msw Limited CIN U90000DL2014PLC264806 | Under Cirp | 12 Feb 2014 | New Delhi, Delhi | ₹39.4 Cr | 843 | 4 | View details |
Products & Services of Averda
Averda offers a comprehensive portfolio of products and services, including Urban Services, Industrial Services, Healthcare Services, Recycling and Processing, and Energy and Disposal.
Services for urban waste collection and disposal needs.
Solutions for industrial waste processing and recycling.
Specialized services for medical waste handling and treatment.
Programs for material recycling and environmental processing.
Methods for energy recovery from waste materials.
Apps and channels of Averda
its YouTube channel averdainternational has 1.05K subscribers and 28 videos.
Videos from Averda
The most watched videos on Averda's YouTube channel, averdainternational (1.05K subscribers). Click a video to play it here.
More on averdainternational.
Funding Insights of Averda
- Total Rounds 3
- Last Round Debt – Conventional — $30M
- Investors Count 3
All 3 funding rounds of Averda 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 |
|---|---|---|---|---|---|
| May 2022 | $30M | Debt – Conventional | – | – | |
| Feb 2022 | $45M | Debt – Conventional | – | – | |
| Oct 2008 | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Averda
Averda has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation, DFC and Growthgate.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Government agency supporting the development of SMEs | 2019 | dfc.gov | ||
Growthgate Capital is engaged in direct equity investments regionally. | growthgate.com | Dubai, United Arab Emirates |
Investor details for Averda
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Averda Waste Management India Private Limited (Averda)
Averda Waste Management India Private Limited is the primary company behind Averda. The boards of the 2 registered companies of Averda currently have 4 directors; the longest-serving is Ajitpal Singh Dhillon, appointed in 2024. 35 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajitpal Singh Dhillon DIN 07748790 | Additional Director | 26 Aug 2024 | 2 yrs 2 mo | Amritsar Msw Limited, Averda Waste Management India Private Limited |
| Pradeep Kumar DIN 10751956 | Additional Director | 26 Aug 2024 | 2 yrs 2 mo | Amritsar Msw Limited, Averda Waste Management India Private Limited |
| Supriya Akolkar DIN 10862428 | Additional Director | 05 Dec 2024 | 1 yr 11 mo | Amritsar Msw Limited |
| Deepak Goyal Kumar DIN 06691551 | IRP/RP/Liquidator | 11 Jun 2025 | 1 yr 5 mo | Amritsar Msw Limited |
People of Averda
26 people are tracked at Averda (10 in leadership, 16 in team); the tracked headcount is 29.
| Name | Role | Group |
|---|---|---|
Nabih Nassar | Managing Director | Leadership |
Mvokany Maxime | Head Of Occupational Health & Safety (ohs) | Leadership |
Berdj der Sarkissyan | HR Shared Services Director | Leadership |
Mazen Chebaklo | Chief Executive Officer | Leadership |
Sheetal N. | Head Of Culture And Engagement | Leadership |
Lisa Emami | Chief Human Resources Officer | Leadership |
Marcus Antoine Khoury | Head Of Legal | Leadership |
Neal Reynolds | Group Chief Financial Officer | Leadership |
Dirk Strobbe | Financial Planning & Analysis (fpa) Director | Leadership |
Sandeep Nair | Executive Assistant To CFO & Chief Investment Officer | Leadership |
Nehman Massaad | Group Financial Planning And Modelling Manager | Team |
Syed Akbar Hussain | Workshop Lead | Team |
Afsal Moosa | Senior Treasury Analyst | Team |
Hasan Zaman | Finance Manager | Team |
Salim Mortaji | Senior HR Specialist | Team |
Asad Ali Khan | Finance Manager | Team |
Fayyaz Ahmed | Senior Hsseq Officer | Team |
Rahma al Maskari | HR & Admin Manager | Team |
Heidi Ford | Business Unit Manager | Team |
Vikas Mannar - Chrm | Country HR Manager | People Ops | Team |
6 more people are available in the full profile.
Complete people profiles for Averda
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Averda
Figures of Averda Waste Management India Private Limited, the primary company behind Averda, for FY 2022. Revenue was ₹15.65 Cr (+63% year on year). Net loss was -₹8.86 Cr (-57% margin). EBITDA was -₹7.99 Cr (-51% margin).
- ₹15.65 CrRevenue · FY 2022 · +63% YoY
- -₹8.86 CrNet loss · -57% margin
- -₹7.99 CrEBITDA · -51% margin
- ₹1.92 CrPaid-up capital
- 29Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Averda Waste Management India Private Limited are on its company page.
Detailed financial statements for Averda
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Averda
3 dated milestones of Averda across 58 years, from founding to its latest funding, stage changes and deals.
- Founded Averda is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $30.0M.
Web traffic of Averda
The website of Averda (averda.com) receives about 12.3K visits a month.
- Monthly visits12.3K
▲ 13% vs previous month
Websites whose visitors overlap most with Averda. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sirc.sa | sirc.sa | 100% | #1,560,792 | – | |
albarari.com | albarari.com | 93% | #1,036,278 | – | |
uaebase.com | uaebase.com | 82% | – | ||
sukleen.com | sukleen.com | 34% | – | ||
yellowpages.ae | yellowpages.ae | 33% | #611,364 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Averda
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Averda
Complete news archive for Averda
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Frequently Asked Questions about Averda
Averda was founded in 1964 and raised its 1st funding round 44 years after it was founded.
Averda is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Averda has 29 employees.
The primary company behind Averda, Averda Waste Management India Private Limited, reported revenue of ₹15.65 Cr for FY 2022, up 63% year on year.
Averda offers products and services that sort, recycle, compost, incinerate and landfill waste and caters to government and commercial clients. The company has 4 brands Atria that offers contractual waste management in Lebanon and Ecoverde that offers cleaning and collection in the capital region of Angola, City bin Co a waste and recycling collection system for households and commercial clients in Ireland and Wasteman a fully integrated waste management solutions across all sectors in South Africa.
Averda offers Urban Services, Industrial Services, Healthcare Services, Recycling and Processing, and Energy and Disposal.
Averda has 3 investors. Key investors include International Finance Corporation, DFC, and Growthgate.
Averda is associated with 2 legal entities: Averda Waste Management India Private Limited, Amritsar Msw Limited.
The legal entities of Averda currently have 4 directors, including Ajitpal Singh Dhillon, Deepak Goyal Kumar, Pradeep Kumar and others.