Averda

Dubai, United Arab Emirates Founded: 1964 • Age: 62 yrs
Integrated waste management company
Annual revenue $2.3M Latest available
Total funding - 3 rounds
Employees 29 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Averda

Averda is a company based in Dubai (United Arab Emirates) founded in 1964. The company has 29 employees as of April 05, 2024. Averda offers products and services including Urban Services, Industrial Services, Healthcare Services, Recycling and Processing, and Energy and Disposal. Averda operates in a competitive market with competitors including Attero, Viridor, Chomp, Paragon Southwest Medical Waste and Levenseat, among others.

  • Headquarter Dubai, United Arab Emirates
  • Employees 29 as on 05 Apr, 2024
  • Sectors
    Environment
  • Phone
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  • Website
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  • Social
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  • Legal Name Averda Waste Management India Private Limited
  • Date of Incorporation 09 Oct, 2019
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.29 M (USD)
    1878.54
    as on Mar 31, 2021
  • Net Profit
    -$759.94 K (USD)
    -7831.34
    as on Mar 31, 2021
  • EBITDA
    -$609.19 K (USD)
    -7490.68
    as on Mar 31, 2021
  • Latest Funding Round
    $30 M (USD), Debt – Conventional

    May 26, 2022

  • Investors
  • Employee Count
    29

    as on Apr 05, 2024

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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.

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Primary

Services for urban waste collection and disposal needs.

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Solutions for industrial waste processing and recycling.

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Specialized services for medical waste handling and treatment.

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Programs for material recycling and environmental processing.

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Methods for energy recovery from waste materials.

People of Averda

Headcount 10000+
Employee Profiles 26
Employee Profiles
People
Nehman Massaad
Group Financial Planning And Modelling Manager
People
Syed Akbar Hussain
Workshop Lead
People
Afsal Moosa
Senior Treasury Analyst
People
Hasan Zaman
Finance Manager

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Funding Insights of Averda

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.

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Venture Fund
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
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Government agency supporting the development of SMEs
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Growthgate Capital is engaged in direct equity investments regionally.
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Investor details for Averda

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Investments & Acquisitions by Averda

Investments
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Investment portfolio details for Averda

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Financial Statements - Averda

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Detailed financials for Averda

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  • Profit trends
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Averda Comparisons

Averda Primary company
Description
Integrated waste management company
Location
Dubai, United Arab Emirates
Founded Year
1964
Annual Revenue
$2.29 M (USD)
Net Profit
-$759.94 K (USD)
EBITDA
-$609.19 K (USD)
Employees
29
As of 2024
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Peer comparison for Averda

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Competitors of Averda

Averda 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 Attero, Viridor, Chomp, Paragon Southwest Medical Waste and Levenseat, among others.

Company Name Domain Founded year HQ Location Description
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Waste-to-energy facilities services are provided in the Netherlands.
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Plastics recycling and energy generation from waste are provided.
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Food waste is converted into renewable energy by Chomp.
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Medical waste processing services are provided in the United States.
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Waste management and recycling services are provided by Levenseat.
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Detailed competitors of Averda

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Latest news on Averda

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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.

As of Apr 05, 2024, the latest employee count at Averda is 29.

Annual revenue of Averda is $2.29M as on Mar 31, 2021.

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's top competitors include Attero, Viridor and Chomp.

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.

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