About Cercle X
Cercle X is a company based in Coimbatore (India) founded in 2020 by Vishnu Vardhaan and Divya Shetty.. 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 as of April 02, 2024. Cercle X offers products and services including Industrial Waste Management Tool, Scrap Trade Platform, and EPR Dashboard. Cercle X operates in a competitive market with competitors including Nepra, Peppermint Robotics, Let's Recycle, RecommerceX and Organic Recycling Systems, among others.
- Headquarter Coimbatore, India
- Employees 35 as on 02 Apr, 2024
- Founders Vishnu Vardhaan, Divya Shetty
- Stage Minicorn
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Infinite Cercle Private Limited
- Date of Incorporation 09 Jan, 2020
- Jurisdiction Coimbatore South, Tamil Nadu, India
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Annual Revenue
$5.16 M (USD)918.97as on Mar 31, 2023
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Net Profit
$-257.47 K (USD)-229.26as on Mar 31, 2023
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EBITDA
$-214.53 K (USD)-181.01as on Mar 31, 2023
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Total Equity Funding
$911.72 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Beacon Trusteeship
& 43 more
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Employee Count
35
as on Apr 02, 2024
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(24 Dec 2021)
- Investors Count 44
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Cercle X | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - Cercle X | Valuation | Recyclean Infotech | |
| Dec, 2021 | Amount | Seed - Cercle X | Valuation | Beacon Trusteeship , Inflection Point Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Idea-stage startups are accelerated and incubated by ISB-backed DLabs.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cercle X
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cercle X
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cercle X Comparisons
Competitors of Cercle X
Cercle X 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 Nepra, Peppermint Robotics, Let's Recycle, RecommerceX and Organic Recycling Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste
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| domain | founded_year | HQ Location |
Intelligent robots are provided for commercial and industrial automation tasks.
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| domain | founded_year | HQ Location |
Dry waste is collected, segregated, and sent to authorized recyclers.
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| domain | founded_year | HQ Location |
Manufacturer of recycled steel and plastic products from industrial waste
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| domain | founded_year | HQ Location |
Provider of waste management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cercle X
When was Cercle X founded?
Cercle X was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Cercle X located?
Cercle X is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Who is the current CEO of Cercle X?
Vishnu Vardhaan is the current CEO of Cercle X. They have also founded this company.
Is Cercle X a funded 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 24, 2021.
How many employees does Cercle X have?
As of Apr 02, 2024, the latest employee count at Cercle X is 35.
What is the annual revenue of Cercle X?
Annual revenue of Cercle X is $5.16M as on Mar 31, 2023.
What does Cercle X do?
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.
Who are the top competitors of Cercle X?
Cercle X's top competitors include Peppermint Robotics, Nepra and Organic Recycling Systems.
What products or services does Cercle X offer?
Cercle X offers Industrial Waste Management Tool, Scrap Trade Platform, and EPR Dashboard.
Who are Cercle X's investors?
Cercle X has 44 investors. Key investors include Beacon Trusteeship, IP Ventures, Recyclean Infotech, Vivek Mittal, and Rama Rao Domalapally.
What is Cercle X's valuation?
The valuation of Cercle X is $7.31M as of Oct 2022.