Bintix

Hyderabad, India Founded: 2005 • Age: 21 yrs Minicorn
Door-step dry waste collection solution provider

About Bintix

Bintix is an Environment company based in Hyderabad (India) founded in 2005 by Jayanarayan Kulathingal. It operates in the Environment and Business Services sectors. Bintix has raised $1.36 million across 10 funding rounds from investors including Srichakra Polyplast, Agence Francaise de Developpement and Waste Ventures. The company has 11 employees. Bintix was last valued at $2.73 million in May 2019. Its website bintix.com draws about 13 thousand monthly visits. Its Indian entity Bintix Waste Research Private Limited reported revenue of β‚Ή5.69 Cr. Its focus areas include Consumer, Local Services, Home Services and Maintenance & Repair. Its competitors include WeVOIS Labs, TheKabadiWala and Encashea; 2 of its 3 listed competitors have raised funding.

Company details

Door-step dry waste collection solution provider. It enables users to schedule pick of their dry waste at their door-step. The collected recyclables are sent to the pollution control board and then to the certified recyclers. It accepts recyclable products such as paper products, plastic products, metal products, clothing, footwear, and others.

  • Headquarters Hyderabad, India
  • Employees 11
  • Founders Jayanarayan Kulathingal
  • Stage Minicorn
  • Sectors
    Environment
    Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website bintix.com
  • Social LinkedIn Facebook
  • Legal Name Bintix Waste Research Private Limited
  • Date of Incorporation 06 Jun, 2018
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹5.69 Cr

    FY 2024 · +56% YoY

  • Net Loss
    -₹99.9 Lakh

    FY 2024 · -18% margin

  • EBITDA
    -₹63.2 Lakh

    FY 2024 · -11% margin

  • Total Equity Funding
    $1.36M (USD)

    in 10 rounds

  • Investors
  • Employee Count
    11

Funding Insights of Bintix

Bintix has successfully raised a total of $1.36M across 10 strategic funding rounds. 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 $1.36M
  • Total Rounds 10
  • First Round $350,951

    (Aug 2018)

  • Investors Count 78

All 10 funding rounds of Bintix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2025Seed––
Sep 2025$68,046Seed–Upaya Social Ventures
–
Sep 2025$68,046Seed–Upaya Social Ventures
–
Dec 2024Seed––
Sep 2024$23,906Grant–Social Alpha
Sep 2022$31,377Grant––
Apr 2022$432,435Seed–Kamaljyot Investments
Feb 2021$252,660Angel Round––
May 2019$186,051Seed$2.73MWaste Ventures
Aug 2018$350,951Angel Round$2.53MAbhay Bhagwat, Devarakotta Rangaswamy Ghanashyam
Valuation history
DateValuationStage
May 2019$2.73Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2018$2.53Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.73M (May 2019). 78 investors in total: 14 institutional and 64 angel.

Investors in Bintix

Bintix has secured backing from 78 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Srichakra Polyplast, Agence Francaise de Developpement and Waste Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Sustainable startups are supported via innovation curation and venture funding.
socialalpha.orgBengaluru, India
acumen.org
upayasv.org
H&M Foundation is focused on sustainable textile industry solutions.
hmfoundation.comStockholm, Sweden
mohua.gov.in
France's development is advanced by this government agency.
1941afd.frParis, France
Sustainable waste collection services are provided for informal pickers.
2013wasteventures.comHyderabad, India
End-to-end plastic recycling and waste management solutions are provided.
2010srichakra.inHyderabad, India
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Investor details for Bintix

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Board of directors of Bintix Waste Research Private Limited (Bintix)

Bintix Waste Research Private Limited is the primary company behind Bintix. The board of Bintix Waste Research Private Limited currently have 4 directors; the longest-serving is Edward Roshan Miranda, appointed in 2018. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Edward Roshan Miranda
DIN 07393837
Managing Director06 Jun 20188 yrs 4 moBintix Waste Research Private Limited
Jayanarayan Govindan Kulathingal
DIN 08261228
Director20 Oct 20188 yrsBintix Waste Research Private Limited
Parul Mathur
DIN 10387147
Director03 Jan 20242 yrs 10 moBintix Waste Research Private Limited
Kartik Khare
DIN 10387148
Director03 Jan 20242 yrs 10 moBintix Waste Research Private Limited

People of Bintix

1 people are tracked at Bintix (1 in leadership); the tracked headcount is 11.

NameRoleGroup
Co-FounderLeadership
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Financials of Bintix

Figures of Bintix Waste Research Private Limited, the primary company behind Bintix, for FY 2024. Revenue was ₹5.69 Cr (+56% year on year). Net loss was -₹99.9 Lakh (-18% margin). EBITDA was -₹63.2 Lakh (-11% margin). Revenue has grown at a compounded annual rate of +101% over three years and +148% over five years.

  • ₹5.69 CrRevenue · FY 2024 · +56% YoY
  • -₹99.9 LakhNet loss · -18% margin
  • -₹63.2 LakhEBITDA · -11% margin
  • ₹1.13 CrPaid-up capital
  • 11Employees (provident fund records)
  • +101%Revenue CAGR, 3 years
  • +148%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Bintix Waste Research Private Limited are on its company page.

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Detailed financial statements for Bintix

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Timeline of Bintix

4 dated milestones of Bintix across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bintix is founded.
  2. Funding First funding round of $351K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.

Competitors of Bintix

Bintix has 3 listed competitors in our database, 2 of them funded. They include WeVOIS Labs, TheKabadiWala and Encashea.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wevois.com2018Jaipur, India$10.15M931
Eco-friendly waste management services are delivered via IoT and automation.
thekabadiwala.com2013Bhopal, India$2.93M18
Online platform providing waste collection service
encashea.com2015Bengaluru, India
Online sports betting platform offering live wagering and casino entertainment for users.
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Detailed competitors of Bintix

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Web traffic of Bintix

The website of Bintix (bintix.com) receives about 12.8K visits a month.

  • Monthly visits
    12.8K

    ▼ 34.1% vs previous month

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as Bintix (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M
Tech-based solid waste management and recycling solutions are provided.
2008Noida, Uttar Pradesh, IndiaUSD 31.1 MUSD 52.13 M106
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Related news about Bintix

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Frequently Asked Questions about Bintix

Bintix was founded in 2005 and raised its 1st funding round 13 years after it was founded.

Bintix is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Bintix is a funded company, having raised a total of $1.36M across 10 funding rounds to date. The company's 1st funding round was a Angel Round of $350.95K, raised on Aug 2018.

Bintix has 11 employees.

The primary company behind Bintix, Bintix Waste Research Private Limited, reported revenue of β‚Ή5.69 Cr for FY 2024, up 56% year on year.

Door-step dry waste collection solution provider. It enables users to schedule pick of their dry waste at their door-step. The collected recyclables are sent to the pollution control board and then to the certified recyclers. It accepts recyclable products such as paper products, plastic products, metal products, clothing, footwear, and others.

Bintix's top competitors include WeVOIS Labs, TheKabadiWala and Encashea.

The valuation of Bintix is $2.73M as of May 2019.

Bintix operates through Bintix Waste Research Private Limited.

The legal entities of Bintix currently have 4 directors, including Jayanarayan Govindan Kulathingal, Edward Roshan Miranda, Parul Mathur and others.

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