Fornnax

Ahmedabad, India Founded: 2007 • Age: 19 yrs
Produces shredders and systems for waste recycling and resource recovery.
Annual revenue $3.6M Latest available
Total funding - Funding intelligence
Employees 78 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 5 Brand Intelligence

About Fornnax

Fornnax is a company based in Ahmedabad (India) founded in 2007 by Jignesh Kundaria. It operates as a B2B and Direct Sales. The company has 78 employees as of March 31, 2023. Fornnax offers products and services including SR-Series Primary Shredders, Tyre Recycling Plant, R-Series Secondary Shredders, and Cable Recycling Plant. Fornnax operates in a competitive market with competitors including EcoTyre, New Black Technologies, TyreFlow, Tirex and Giacci, among others.

  • Headquarter Ahmedabad, India
  • Employees 78 as on 31 Mar, 2023
  • Founders Jignesh Kundaria
  • Sectors
    Environment
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Fornnax Technology Private Limited
  • Date of Incorporation 15 May, 2013
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Industrial Materials & Resources Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.63 M (USD)
    5.07
    as on Mar 31, 2023
  • Net Profit
    $191.47 K (USD)
    93.2
    as on Mar 31, 2023
  • EBITDA
    -$28.67 K (USD)
    -137.25
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    78

    as on Mar 31, 2023

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Products & Services of Fornnax

Fornnax offers a comprehensive portfolio of products and services, including SR-Series Primary Shredders, Tyre Recycling Plant, R-Series Secondary Shredders, and Cable Recycling Plant.

Product name locked
Category locked
Primary

Shredders for initial waste size reduction processing.

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Plant for recycling tyres into reusable materials.

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Secondary shredders for further waste refinement.

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System for recycling cables and recovering metals.

Funding Insights of Fornnax

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Detailed funding history for Fornnax

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Investments & Acquisitions by Fornnax

Investments
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Investment portfolio details for Fornnax

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Financial Statements - Fornnax

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Detailed financials for Fornnax

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Fornnax Comparisons

Fornnax Primary company
Description
Produces shredders and systems for waste recycling and resou...
Location
Ahmedabad, India
Founded Year
2007
Annual Revenue
$3.63 M (USD)
Net Profit
$191.47 K (USD)
EBITDA
-$28.67 K (USD)
Employees
78
As of 2023
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Peer comparison for Fornnax

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Competitors of Fornnax

Fornnax 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 EcoTyre, New Black Technologies, TyreFlow, Tirex and Giacci, among others.

Company Name Domain Founded year HQ Location Description
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Provider of solutions to convert waste into tires
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Waste tire recycling solution provider
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Technology is provided for upcycling used tires into reusable materials.
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Tirex provides patented semi-cryogenic tire recycling technology for clean crumb rubber.
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Develops technologies for recycling used tires efficiently.
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Detailed competitors of Fornnax

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Latest news on Fornnax

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Complete news archive for Fornnax

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Frequently Asked Questions about Fornnax

Fornnax was founded in 2007.

Fornnax is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

As of Mar 31, 2023, the latest employee count at Fornnax is 78.

Annual revenue of Fornnax is $3.63M as on Mar 31, 2023.

Fornnax Technology , Based In Ahmedabad, India, Manufactures Shredders, Granulators, And Recycling Plants For Materials Like Tyres, Cables, And Municipal Solid Waste. They Focus On Waste Processing Through Advanced Equipment And Offer System Solutions For Industries. The Company Participates In Global Trade Fairs To Connect With Recycling Businesses And Promote Sustainable Practices, Aiding In Resource Recovery And Environmental Protection.

Fornnax's top competitors include New Black Technologies, EcoTyre and TyreFlow.

Fornnax offers SR-Series Primary Shredders, Tyre Recycling Plant, R-Series Secondary Shredders, and Cable Recycling Plant.

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