About Ecoex
Ecoex is a company based in Delhi (India) by Nimit Aggarwal and Akshaya Rath. It operates as a B2B and Marketplace. Ecoex has raised $4 million across 1 funding round from investors including Narnolia, Dovetail Capital and unknown. The company has 34 employees as of March 31, 2022. Ecoex offers products and services including EPR Services, Waste Commodity Trades, Technology Consulting, and Eco Friendly Products. Ecoex operates in a competitive market with competitors including Nepra, Peppermint Robotics, Let's Recycle, RecommerceX and Organic Recycling Systems, among others.
- Headquarter Delhi, India
- Employees 34 as on 31 Mar, 2022
- Founders Nimit Aggarwal, Akshaya Rath
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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 Karma Ecotech Limited
- Date of Incorporation 28 Sep, 2018
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$184.52 K (USD)-1.46as on Mar 31, 2022
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Net Profit
-$29.95 K (USD)72.35as on Mar 31, 2022
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EBITDA
-$21.64 K (USD)79.74as on Mar 31, 2022
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Seed
Oct 06, 2025
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Investors
Narnolia
& 2 more
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Employee Count
34
as on Mar 31, 2022
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Products & Services of Ecoex
Ecoex offers a comprehensive portfolio of products and services, including EPR Services, Waste Commodity Trades, Technology Consulting, and Eco Friendly Products.
Handles plastic and e-waste management for regulatory compliance.
Enables buying and selling of waste products through online portal.
Assists in setting up recycling and waste-to-energy facilities.
Offers biodegradable items for environmental solutions.
People of Ecoex
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Funding Insights of Ecoex
Ecoex has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in October 2025. 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.
Investors in Ecoex
Ecoex has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Narnolia, Dovetail Capital and unknown.
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Investment management services are provided for institutional and high-net-worth clients.
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Multi-asset trading platform
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Investor details for Ecoex
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Investments & Acquisitions by Ecoex
Investment portfolio details for Ecoex
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Financial Statements - Ecoex
Detailed financials for Ecoex
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Ecoex Comparisons
Peer comparison for Ecoex
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Competitors of Ecoex
Ecoex 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.
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Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste
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Intelligent robots are provided for commercial and industrial automation tasks.
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Dry waste is collected, segregated, and sent to authorized recyclers.
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Manufacturer of recycled steel and plastic products from industrial waste
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Provider of waste management solutions
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Software solutions for industrial waste management are provided.
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Detailed competitors of Ecoex
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Latest news on Ecoex
Complete news archive for Ecoex
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Frequently Asked Questions about Ecoex
Ecoex is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Akshaya Rath is the current CEO of Ecoex. They have also founded this company.
Ecoex is a funded company, having raised a total of $4M across 1 funding round to date.
As of Mar 31, 2022, the latest employee count at Ecoex is 34.
Annual revenue of Ecoex is $184.52K as on Mar 31, 2022.
EcoEx operates as a digital platform providing plastic waste management, e-waste services, and waste commodity trading. It facilitates B2B transactions through an automated portal, including technology consulting for recycling units and waste-to-energy plants. Based in New Delhi, India, it connects members like producers and recyclers to ensure transparent waste lifecycle management and regulatory compliance. The company supports environmental goals through secure, online auctions and dedicated support.
Ecoex's top competitors include Peppermint Robotics, Nepra and Organic Recycling Systems.
Ecoex offers EPR Services, Waste Commodity Trades, Technology Consulting, and Eco Friendly Products.
Ecoex has 3 investors. Key investors include Narnolia, Dovetail Capital, and unknown.