Dharaksha Ecosolutions

Delhi, India Founded: 2020 • Age: 6 yrs Minicorn
Biodegradable packaging materials are manufactured from crop stubble waste.

About Dharaksha Ecosolutions

Dharaksha Ecosolutions is an Environment company based in Delhi (India) founded in 2020 by Arpit Dhupar and Anand Bodh. Biodegradable packaging materials are manufactured from crop stubble waste. It operates in the Environment, Chemicals & Materials, and Industrial Goods & Manufacturing sectors. Dharaksha Ecosolutions has raised $3.45 million across 6 funding rounds from investors including Cisco, LetsVenture and Soonicorn Ventures. The company has 55 employees. Dharaksha Ecosolutions was last valued at $6.62 million in June 2023. Its chief executive, as recorded, is Arpit Dhupar. Its Indian entity Dharaksha Ecosolutions Private Limited reported revenue of β‚Ή1.20 Cr. Dharaksha Ecosolutions offers products and services including Biodegradable Packaging Material. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Organic Waste Conversion.

Company details

The company was founded in 2020 and is based in Delhi, India. Operations focus on the production of biodegradable packaging materials derived from agricultural crop stubble waste. Sustainable alternatives to conventional plastic packaging are developed to address stubble burning and environmental pollution. A dedicated research team works on innovating and refining these biodegradable solutions within the eco-friendly materials sector.

  • Headquarters Delhi, India
  • Employees 55
  • Founders Arpit Dhupar, Anand Bodh
  • Stage Minicorn
  • Sectors
    Environment
    Chemicals & Materials Industrial Goods & Manufacturing
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website dharaksha.com
  • Social LinkedIn Instagram
  • Legal Name Dharaksha Ecosolutions Private Limited
  • Date of Incorporation 10 Nov, 2020
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹1.20 Cr

    FY 2024 · +218% YoY

  • Net Loss
    -₹67.2 Lakh

    FY 2024 · -56% margin

  • EBITDA
    -₹37.6 Lakh

    FY 2024 · -31% margin

  • Total Equity Funding
    $3.45M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.93M (USD), Seed

    Sep 2024

  • Investors
    Cisco

    & 36 more

  • Employee Count
    55

Products & Services of Dharaksha Ecosolutions

Dharaksha Ecosolutions offers a comprehensive portfolio of products and services, including Biodegradable Packaging Material.

Biodegradable Packaging Material
Packaging Solutions

Eco-friendly material from crop stubble to reduce environmental pollution

Funding Insights of Dharaksha Ecosolutions

Dharaksha Ecosolutions has successfully raised a total of $3.45M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.93 million completed in September 2024. 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 $3.45M
  • Total Rounds 6
  • Last Round Seed β€” $2.93M
  • First Round $226,411

    (Oct 2021)

  • Investors Count 37

All 6 funding rounds of Dharaksha Ecosolutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$2.93MSeed–Avaana Capital Advisors
–
Mar 2024Angel Round–Vineeta Singh, Ritesh Agarwal
–
Mar 2024Seed–Soonicorn Ventures
–
Jun 2023$51,145Grant$6.62MSocial Alpha
Jun 2022$295,302Seed$2.59MLetsVenture, Momentum Capital
Oct 2021$226,411Seed$β€’β€’β€’β€’β€’Alok Chandra Misra
Valuation history
DateValuationStage
Jun 2023$6.62Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2022$2.59Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $6.62M (Jun 2023). 37 investors in total: 9 institutional and 28 angel.

Investors in Dharaksha Ecosolutions

Dharaksha Ecosolutions has secured backing from 37 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cisco, LetsVenture and Soonicorn Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Avaana Capital is engaged in venture capital investments for deep tech startups.
avaanacapital.comMumbai, India
Investment platform for building investor communities and facilitating startup deals.
2022soonicornventures.comGurugram, India
Sustainable startups are supported via innovation curation and venture funding.
socialalpha.orgBengaluru, India
Seed-stage venture capital is provided to climate and health startups.
mvcapital.vcToronto, Canada
AI and saas based cloud security solutions
1984cisco.comSan Jose, United States
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India
Equity investments, broking services, and trading platforms are offered.
zerodha.comBengaluru, India
Provides glass bottles, jars, and caps for processing, cosmetics, and pharma sectors.
1981ajantabottle.comDelhi, India
vaibhavkriticonsultant.tcc.mode

Vineeta Singh

Co-founder of SUGAR Cosmetics, angel investor, and Shark Tank India judge
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Investor details for Dharaksha Ecosolutions

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Board of directors of Dharaksha Ecosolutions Private Limited (Dharaksha Ecosolutions)

Dharaksha Ecosolutions Private Limited is the primary company behind Dharaksha Ecosolutions. The board of Dharaksha Ecosolutions Private Limited currently have 2 directors; the longest-serving is Arpit Dhupar, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Arpit Dhupar
DIN 07457433
Director10 Nov 20205 yrs 11 moDharaksha Ecosolutions Private Limited
Sanjay Kushwaha
DIN 11023198
Additional Director22 Jul 20251 yr 3 moDharaksha Ecosolutions Private Limited

People of Dharaksha Ecosolutions

2 people are tracked at Dharaksha Ecosolutions (2 in leadership); the tracked headcount is 55.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & CBOLeadership
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Financials of Dharaksha Ecosolutions

Figures of Dharaksha Ecosolutions Private Limited, the primary company behind Dharaksha Ecosolutions, for FY 2024. Revenue was ₹1.20 Cr (+218% year on year). Net loss was -₹67.2 Lakh (-56% margin). EBITDA was -₹37.6 Lakh (-31% margin).

  • ₹1.20 CrRevenue · FY 2024 · +218% YoY
  • -₹67.2 LakhNet loss · -56% margin
  • -₹37.6 LakhEBITDA · -31% margin
  • ₹10.4 LakhPaid-up capital
  • 55Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Dharaksha Ecosolutions Private Limited are on its company page.

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Timeline of Dharaksha Ecosolutions

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

  1. Founded Dharaksha Ecosolutions is founded.
  2. Funding First funding round of $226K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $2.9M.

Web traffic of Dharaksha Ecosolutions

The website of Dharaksha Ecosolutions (dharaksha.com) receives about 2K visits a month.

  • Monthly visits
    2K

    ▼ 22.5% vs previous month

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as Dharaksha Ecosolutions (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 Dharaksha Ecosolutions

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Frequently Asked Questions about Dharaksha Ecosolutions

Dharaksha Ecosolutions was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Dharaksha Ecosolutions is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Arpit Dhupar is the CEO of Dharaksha Ecosolutions, as recorded in our data. They have also founded this company.

Dharaksha Ecosolutions is a funded company, having raised a total of $3.45M across 6 funding rounds to date. The company's 1st funding round was a Seed of $226.41K, raised on Oct 2021.

Dharaksha Ecosolutions has 55 employees.

The primary company behind Dharaksha Ecosolutions, Dharaksha Ecosolutions Private Limited, reported revenue of β‚Ή1.20 Cr for FY 2024, up 218% year on year.

The company was founded in 2020 and is based in Delhi, India. Operations focus on the production of biodegradable packaging materials derived from agricultural crop stubble waste. Sustainable alternatives to conventional plastic packaging are developed to address stubble burning and environmental pollution. A dedicated research team works on innovating and refining these biodegradable solutions within the eco-friendly materials sector.

Dharaksha Ecosolutions offers Biodegradable Packaging Material.

Dharaksha Ecosolutions has 37 investors. Key investors include Cisco, LetsVenture, Soonicorn Ventures, Ajanta Bottle, and Avaana Capital.

The valuation of Dharaksha Ecosolutions is $6.62M as of Jun 2023.

Dharaksha Ecosolutions operates through Dharaksha Ecosolutions Private Limited.

The legal entities of Dharaksha Ecosolutions currently have 2 directors, including Arpit Dhupar, Sanjay Kushwaha.

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