About Ecoil
Ecoil is a company based in Delhi (India) founded in 2018 by Parul Jain, Sushil Vaishnav, Neelam Jain, and Kirti Vaishnav.. Ecoil has raised $765.3 thousand across 4 funding rounds from investors including Cavinkare, The Chennai Angels and AIC Banasthali. The company has 15 employees as of March 27, 2024. Ecoil operates in a competitive market with competitors including Itelyum, PURAGLOBE, KVT Process Technology, Blue Tide Environmental and Viscolube, among others.
- Headquarter Delhi, India
- Employees 15 as on 27 Mar, 2024
- Founders Parul Jain, Sushil Vaishnav, Neelam Jain, Kirti Vaishnav
- 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 Knp Arises Green Energy Private Limited
- Date of Incorporation 06 Nov, 2019
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$442.78 K (USD)66as on Mar 31, 2022
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Net Profit
$-2.51 K (USD)5.51as on Mar 31, 2022
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EBITDA
$-12.44 K (USD)-2536.18as on Mar 31, 2022
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Total Equity Funding
$765.3 K (USD)
in 4 rounds
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Latest Funding Round
$264.98 K (USD), Seed
Feb 16, 2024
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Investors
Cavinkare
& 34 more
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Employee Count
15
as on Mar 27, 2024
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Funding Insights of Ecoil
Ecoil has successfully raised a total of $765.3K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $264.98 thousand completed in February 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 Total Funding
- Total Rounds 4
- Last Round Seed — $264,977
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First Round
First Round
(30 Nov 2021)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Ecoil | Valuation | Mridula Ramesh , Mridula Ramesh | |
| Nov, 2023 | Amount | Seed - Ecoil | Valuation | TCA , AIC Banasthali |
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| Jul, 2023 | Amount | Angel Round - Ecoil | Valuation |
investors |
| 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 Ecoil
Ecoil has secured backing from 35 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Cavinkare, The Chennai Angels and AIC Banasthali. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Angel network focused on multiple sectors
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Founded Year | Domain | Location | |
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Energy sectors are targeted by Shell-backed accelerator program.
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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 Ecoil
| 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 - Ecoil
| 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 |
Ecoil Comparisons
Competitors of Ecoil
Ecoil 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 Itelyum, PURAGLOBE, KVT Process Technology, Blue Tide Environmental and Viscolube, 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 |
Industrial waste regeneration and purification solutions are provided.
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| domain | founded_year | HQ Location |
Used oil is recycled into base oils using patented technology.
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| domain | founded_year | HQ Location |
Turnkey solutions for industrial waste management plants are provided.
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| domain | founded_year | HQ Location |
Used oil refining and recycling solutions are provided for sustainability.
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| domain | founded_year | HQ Location |
Used motor oil is recycled into regenerated base oil.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Ecoil
Frequently Asked Questions about Ecoil
When was Ecoil founded?
Ecoil was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Ecoil located?
Ecoil is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Ecoil a funded company?
Ecoil is a funded company, having raised a total of $765.3K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $73.09K, raised on Nov 30, 2021.
How many employees does Ecoil have?
As of Mar 27, 2024, the latest employee count at Ecoil is 15.
What is the annual revenue of Ecoil?
Annual revenue of Ecoil is $442.78K as on Mar 31, 2022.
What does Ecoil do?
Ecoil was founded in 2018 in Delhi, India, within the sustainability and recycling sector. A platform is operated to collect used cooking oil from restaurants, which is then processed and converted into biodiesel. This approach supports waste management by transforming byproducts into renewable fuel sources. Operations focus on streamlining collection logistics and conversion processes to facilitate environmental compliance for food service providers.
Who are the top competitors of Ecoil?
Ecoil's top competitors include Itelyum, PURAGLOBE and KVT Process Technology.
Who are Ecoil's investors?
Ecoil has 35 investors. Key investors include Cavinkare, The Chennai Angels, AIC Banasthali, Steer Advisors, and Mridula Ramesh.
What is Ecoil's valuation?
The valuation of Ecoil is $6.9M as of Feb 2024.