About Cercle X
Cercle X is an Environment company based in Coimbatore (India) founded in 2020 by Vishnu Vardhaan and Divya Shetty. Software solutions for industrial waste management are provided. Cercle X has raised $911.72 thousand across 3 funding rounds from investors including Beacon Trusteeship, IP Ventures and Recyclean Infotech. The company has 35 employees. Cercle X was last valued at $7.31 million in October 2022. Its chief executive, as recorded, is Vishnu Vardhaan. Its Indian entity Infinite Cercle Private Limited reported revenue of ₹136 Cr. Cercle X offers products and services including Industrial Waste Management Tool, Scrap Trade Platform, and EPR Dashboard. Its focus areas include Environment Tech, Solid Waste Management Tech, Tech Enabled Waste Management Services and Sustainability Tech. Its competitors include Nepra, Peppermint Robotics and Let's Recycle; 3 of its 3 listed competitors have raised funding.
Company details
Cercle X was founded in 2020 and is based in Coimbatore, India. Software solutions targeted at industrial waste management are offered through its platform. Key features include ERP integration, waste analysis tools, design expertise, real-time vehicle tracking, pick request functionalities, and detailed historical reporting. Operations focus on streamlining waste handling processes for industrial clients in the sector.
- Headquarters Coimbatore, India
- Employees 35
- Founders Vishnu Vardhaan, Divya Shetty
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website cerclex.com
- Social LinkedIn X
- Legal Name Infinite Cercle Private Limited
- Date of Incorporation 09 Jan, 2020
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹136 Cr
FY 2025 · +52% YoY
- Net Profit₹53.1 Lakh
FY 2025 · 0% margin
- EBITDA₹91 Lakh
FY 2025 · 1% margin
- Total Equity Funding$911.72K (USD)
in 3 rounds
- InvestorsBeacon Trusteeship
& 43 more
- Employee Count35
Associated legal entities of Cercle X
Cercle X is associated with 2 registered companies on The Company Check; the primary company is Infinite Cercle Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Infinite Cercle Private Limited CIN U37100TZ2020PTC033306 | Active | 09 Jan 2020 | Coimbatore, Tamil Nadu | ₹136 Cr | 35 | 2 | View details |
| Steering Lives India Private Limited CIN U85100DL2020PTC364577 | Active | 09 Jun 2020 | Delhi, Delhi | ₹1.8 Cr | 1 | 2 | View details |
Products & Services of Cercle X
Cercle X offers a comprehensive portfolio of products and services, including Industrial Waste Management Tool, Scrap Trade Platform, and EPR Dashboard.
Platform for monitoring industrial waste with full traceability
System to buy and sell scrap materials across India
Tool for end-to-end EPR fulfillment and reporting
Funding Insights of Cercle X
Cercle X has successfully raised a total of $911.72K across 3 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 $911,723
- Total Rounds 3
- First Round $365,401
(Dec 2021)
- Investors Count 44
All 3 funding rounds of Cercle X 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 |
|---|---|---|---|---|---|
| Dec 2023 | Seed | – | – | ||
| Oct 2022 | $546,322 | Seed | $7.31M | Recyclean Infotech | |
| Dec 2021 | $365,401 | Seed | $2.76M | Beacon Trusteeship, Inflection Point Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2022 | $7.31M | •••••••• |
| Dec 2021 | $2.76M | •••••••• |
Last known valuation $7.31M (Oct 2022). 44 investors in total: 4 institutional and 40 angel.
Investors in Cercle X
Cercle X has secured backing from 44 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Beacon Trusteeship, IP Ventures and Recyclean Infotech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Idea-stage startups are accelerated and incubated by ISB-backed DLabs. | isbdlabs.org | Hyderabad, India | ||
Trusteeship services are provided in the financial sector since 2015. | 2015 | beacontrustee.co.in | Mumbai, India | |
VM Vivek Mittal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_24f7c9c9be8742eab | ||
RR Rama Rao Domalapally | unknown_c56cd8679a11456eb | |||
AJ Anjana Jain | unknown_fd30c765ac02401fa | |||
SJ Supriya Jain | Angel investor and advisor, focused on early-stage Indian startups | unknown_ff4ab29a0ab3492b9 | ||
VR Vijaya Raghavan | unknown_b40e58c117e541549 | |||
AC Ashish Chandra | Angel investor and tech leader, ex-Amazon, active in Indian startup ecosystem | unknown_89c7464d0c704db8a |
Investor details for Cercle X
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Infinite Cercle Private Limited (Cercle X)
Infinite Cercle Private Limited is the primary company behind Cercle X. The boards of the 2 registered companies of Cercle X currently have 4 directors; the longest-serving is Divya Shambu Shetty, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Divya Shambu Shetty DIN 08477321 | Director | 09 Jan 2020 | 6 yrs 9 mo | Infinite Cercle Private Limited |
| Shri Vishnuvardhan DIN 08477320 | Director | 09 Jan 2020 | 6 yrs 9 mo | Infinite Cercle Private Limited |
| Om Parkash DIN 08757562 | Director | 09 Jun 2020 | 6 yrs 4 mo | Steering Lives India Private Limited |
| Rajesh Munjal DIN 08757561 | Director | 09 Jun 2020 | 6 yrs 4 mo | Steering Lives India Private Limited |
People of Cercle X
2 people are tracked at Cercle X (2 in leadership); the tracked headcount is 35.
| Name | Role | Group |
|---|---|---|
Vishnu Vardhaan | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Cercle X
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Cercle X
Figures of Infinite Cercle Private Limited, the primary company behind Cercle X, for FY 2025. Revenue was ₹136 Cr (+52% year on year). Net profit was ₹53.1 Lakh (0% margin). EBITDA was ₹91 Lakh (1% margin). Revenue has grown at a compounded annual rate of +218% over three years.
- ₹136 CrRevenue · FY 2025 · +52% YoY
- ₹53.1 LakhNet profit · 0% margin
- ₹91 LakhEBITDA · 1% margin
- ₹1.3 LakhPaid-up capital
- 35Employees (provident fund records)
- +218%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Infinite Cercle Private Limited are on its company page.
Detailed financial statements for Cercle X
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cercle X
4 dated milestones of Cercle X across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Cercle X is founded.
- Funding First funding round of $365K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Competitors of Cercle X
Cercle X has 3 listed competitors in our database, 3 of them funded. They include Nepra, Peppermint Robotics and Let's Recycle.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nepra.co.in | 2006 | Ahmedabad, India | $39.33M | 263 | Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste | |
| peppermintrobotics.com | 2019 | Pune, India | $7.31M | 95 | Intelligent robots are provided for commercial and industrial automation tasks. | |
| letsrecycle.in | 2012 | Ahmedabad, India | $38.62M | 262 | Dry waste is collected, segregated, and sent to authorized recyclers. |
Detailed competitors of Cercle X
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cercle X
The website of Cercle X (cerclex.com) receives about 5.4K visits a month.
- Monthly visits5.4K
▼ 2.2% vs previous month
Websites whose visitors overlap most with Cercle X. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cleanindiatech.com | 100% | 11.3K | #3,055,384 | View details | |
| northamps.com | 99% | 2.3K | #7,104,533 | View details | |
wasterecyclingmag.com | wasterecyclingmag.com | 95% | #4,694,668 | – | |
| resourcify.com | 85% | 9.9K | #2,351,733 | View details |
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Cercle X (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 Cercle X
Cercle X was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Cercle X is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Vishnu Vardhaan is the CEO of Cercle X, as recorded in our data. They have also founded this company.
Cercle X is a funded company, having raised a total of $911.72K across 3 funding rounds to date. The company's 1st funding round was a Seed of $365.4K, raised on Dec 2021.
Cercle X has 35 employees.
The primary company behind Cercle X, Infinite Cercle Private Limited, reported revenue of ₹136 Cr for FY 2025, up 52% year on year.
Cercle X was founded in 2020 and is based in Coimbatore, India. Software solutions targeted at industrial waste management are offered through its platform. Key features include ERP integration, waste analysis tools, design expertise, real-time vehicle tracking, pick request functionalities, and detailed historical reporting. Operations focus on streamlining waste handling processes for industrial clients in the sector.
Cercle X's top competitors include Peppermint Robotics, Nepra and Let's Recycle.
Cercle X offers Industrial Waste Management Tool, Scrap Trade Platform, and EPR Dashboard.
Cercle X has 44 investors. Key investors include Beacon Trusteeship, IP Ventures, Recyclean Infotech, Vivek Mittal, and Rama Rao Domalapally.
The valuation of Cercle X is $7.31M as of Oct 2022.
Cercle X is associated with 2 legal entities: Infinite Cercle Private Limited, Steering Lives India Private Limited.