About ECOWRAP
ECOWRAP is an Environment company based in Jaipur (India) founded in 2017 by Chandrakant Kant Swami, Ajay Buri, Manoj Sabu, Angraj Swami, and Amit Gupta. Online waste removal services are scheduled with user incentives. ECOWRAP has raised $313.46 thousand across 7 funding rounds from investors including Soonicorn Ventures, JITO Incubation & Innovation Foundation and KM Trans Logistics. Its Indian entity Ecowrap Impact Private Limited reported revenue of ₹2.26 Cr. Its focus areas include Environment Tech, Solid Waste Management Tech, Collection and Tech-enabled Collectors. Its competitors include ScrapUncle, Encashea and We-Convert; 2 of its 3 listed competitors have raised funding.
Company details
ECOWRAP was founded in 2017 in Jaipur, India, within the waste management sector. Online platforms are utilized to offer waste removal solutions, where pickups are arranged via website scheduling for specified dates and times. Compensation in payments or credits is provided to users according to waste types. An Android mobile application supports these operations for broader accessibility.
- Headquarters Jaipur, India
- Founders Chandrakant Kant Swami, Ajay Buri, Manoj Sabu, Angraj Swami, Amit Gupta
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website ecowrap.in
- Social LinkedIn X Facebook
- Legal Name Ecowrap Impact Private Limited
- Date of Incorporation 13 Oct, 2020
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹2.26 Cr
FY 2024 · +56% YoY
- Net Loss-₹23.8 Lakh
FY 2024 · -11% margin
- EBITDA-₹12 Lakh
FY 2024 · -5% margin
- Total Equity Funding$313.46K (USD)
in 7 rounds
- Latest Funding Round$49.49K (USD), Angel Round
Oct 2024
- InvestorsSoonicorn Ventures
& 3 more
Associated legal entities of ECOWRAP
ECOWRAP is associated with 2 registered companies on The Company Check; the primary company is Ecowrap Impact Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ecowrap Impact Private Limited CIN U74999RJ2020PTC071493 | Active | 13 Oct 2020 | Jaipur, Rajasthan | ₹2.3 Cr | 3 | 4 | View details |
| Ecowrap Environmental Solutions Llp CIN AAJ-3167 | Active | 02 May 2017 | Jaipur, Rajasthan | ₹0.2 Cr | 2 | View details |
Funding Insights of ECOWRAP
ECOWRAP has successfully raised a total of $313.46K across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $49.49 thousand completed in October 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 $313,464
- Total Rounds 7
- Last Round Angel Round — $49,489
- First Round $34,196
(Sep 2021)
- Investors Count 4
All 7 funding rounds of ECOWRAP 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 |
|---|---|---|---|---|---|
| Oct 2024 | $49,489 | Angel Round | – | – | – |
| Apr 2024 | $74,908 | Angel Round | – | – | – |
| Mar 2024 | Seed | – | Soonicorn Ventures | – | |
| Aug 2023 | Seed | – | JITO Incubation & Innovation Foundation | – | |
| Jun 2023 | $121,997 | Seed | – | KM Trans Logistics | – |
| Mar 2022 | $32,874 | Seed | – | Social Alpha | – |
| Sep 2021 | $34,196 | Seed | – | Social Alpha | – |
4 investors in total: 4 institutional.
Investors in ECOWRAP
ECOWRAP has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Soonicorn Ventures, JITO Incubation & Innovation Foundation and KM Trans Logistics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment platform for building investor communities and facilitating startup deals. | 2022 | soonicornventures.com | Gurugram, India | |
Multiple sectors are incubated by the foundation in Mumbai, India. | jitojiif.com | Mumbai, India | ||
| socialalpha.org | ||||
| kmtrans.in |
Investor details for ECOWRAP
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Board of directors of Ecowrap Impact Private Limited (ECOWRAP)
Ecowrap Impact Private Limited is the primary company behind ECOWRAP. The boards of the 2 registered companies of ECOWRAP currently have 5 directors; the longest-serving is Angraj Swami, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Angraj Swami DIN 07799637 | Designated Partner | 02 May 2017 | 9 yrs 5 mo | Ecowrap Environmental Solutions Llp, Ecowrap Impact Private Limited |
| Pramod Swami DIN 07799658 | Designated Partner | 02 May 2017 | 9 yrs 5 mo | Ecowrap Environmental Solutions Llp |
| Manoj Sabu DIN 08916072 | Director | 13 Oct 2020 | 6 yrs | Ecowrap Impact Private Limited |
| Chandrakant Swami DIN 08916073 | Director | 13 Oct 2020 | 6 yrs | Ecowrap Impact Private Limited |
| Ajay Buri DIN 09230891 | Director | 01 Jul 2021 | 5 yrs 3 mo | Ecowrap Impact Private Limited |
People of ECOWRAP
5 people are tracked at ECOWRAP (5 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder - Head of reverse supply chain | Leadership | |
| Co-Founder - Head of product development & operations | Leadership | |
| Co-Founder - Head of Business | Leadership | |
| Co-Founder - Head of Execution | Leadership | |
Amit Gupta | Co-Founder | Leadership |
Complete people profiles for ECOWRAP
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Financials of ECOWRAP
Figures of Ecowrap Impact Private Limited, the primary company behind ECOWRAP, for FY 2024. Revenue was ₹2.26 Cr (+56% year on year). Net loss was -₹23.8 Lakh (-11% margin). EBITDA was -₹12 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +260% over three years.
- ₹2.26 CrRevenue · FY 2024 · +56% YoY
- -₹23.8 LakhNet loss · -11% margin
- -₹12 LakhEBITDA · -5% margin
- ₹1.3 LakhPaid-up capital
- 3Employees (provident fund records)
- +260%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ecowrap Impact Private Limited are on its company page.
Detailed financial statements for ECOWRAP
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ECOWRAP
3 dated milestones of ECOWRAP across 7 years, from founding to its latest funding, stage changes and deals.
- Founded ECOWRAP is founded.
- Funding First funding round of $34K.
- Funding Latest funding round, Angel Round, of $49K.
Competitors of ECOWRAP
ECOWRAP has 3 listed competitors in our database, 2 of them funded. They include ScrapUncle, Encashea and We-Convert.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scrapuncle.com | 2016 | Delhi, India | $520,212 | ScrapUncle - Recycling Made Easy | ||
| encashea.com | 2015 | Bengaluru, India | Online sports betting platform offering live wagering and casino entertainment for users. | |||
| weconvert.org | 2015 | Noida, India | $97,958 | IoT-enabled smart trash cans are provided for waste segregation. |
Detailed competitors of ECOWRAP
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Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as ECOWRAP (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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Related news about Ecowrap
Complete news archive for ECOWRAP
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Frequently Asked Questions about ECOWRAP
ECOWRAP was founded in 2017 and raised its 1st funding round 4 years after it was founded.
ECOWRAP is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
ECOWRAP is a funded company, having raised a total of $313.46K across 7 funding rounds to date. The company's 1st funding round was a Seed of $34.2K, raised on Sep 2021.
The primary company behind ECOWRAP, Ecowrap Impact Private Limited, reported revenue of ₹2.26 Cr for FY 2024, up 56% year on year.
ECOWRAP was founded in 2017 in Jaipur, India, within the waste management sector. Online platforms are utilized to offer waste removal solutions, where pickups are arranged via website scheduling for specified dates and times. Compensation in payments or credits is provided to users according to waste types. An Android mobile application supports these operations for broader accessibility.
ECOWRAP's top competitors include ScrapUncle, Encashea and We-Convert.
ECOWRAP has 4 investors. Key investors include Soonicorn Ventures, JITO Incubation & Innovation Foundation, KM Trans Logistics, and Social Alpha.
ECOWRAP is associated with 2 legal entities: Ecowrap Impact Private Limited, Ecowrap Environmental Solutions Llp.
The legal entities of ECOWRAP currently have 5 directors, including Angraj Swami, Pramod Swami, Manoj Sabu and others.