
About GemCorp
GemCorp is a company based in Navi Mumbai (India) founded in 2019. It operates as a B2B. The company has 43 employees. GemCorp offers products and services including ReMake Platform, EPR Solutions, Plastic Credits, Circular Solutions, and Material Innovation. GemCorp operates in a competitive market with competitors including GFL Environmental, Republic Services, Casella, Biffa and Paprec, among others.
- Headquarter Navi Mumbai, India
- Employees 43
- SectorsEnvironment
- Email••••••••
- Website gemcorprecycling.com
- Legal Name Gemcorp Recycling & Technologies Private Limited
- Date of Incorporation 29 Oct, 2019
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹143 Cr
FY 2025 · -26% YoY
- Net Loss-₹35.32 Cr
FY 2025 · -25% margin
- EBITDA-₹40.18 Cr
FY 2025 · -28% margin
- Employee Count43
Associated legal entities of GemCorp
GemCorp operates through Gemcorp Recycling & Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gemcorp Recycling & Technologies Private Limited CIN U27320MH2019PTC332313 | Active | 29 Oct 2019 | Navi Mumbai, Maharashtra | ₹143 Cr | 43 | 6 | View details |
Products & Services of GemCorp
GemCorp offers a comprehensive portfolio of products and services, including ReMake Platform, EPR Solutions, Plastic Credits, Circular Solutions, and Material Innovation.
Platform for tracing waste from collection to recycling.
Services to help businesses meet waste regulations.
Certified credits for financing waste recovery efforts.
Processes to convert waste into reusable products.
Advanced methods for recycling complex materials.
Board of directors of Gemcorp Recycling & Technologies Private Limited (GemCorp)
Gemcorp Recycling & Technologies Private Limited is the primary company behind GemCorp. The board of Gemcorp Recycling & Technologies Private Limited currently have 4 directors; the longest-serving is Vikas Chhajer, appointed in 2023. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Chhajer DIN 03019382 | Director | 20 Mar 2023 | 3 yrs 6 mo | Gemcorp Recycling & Technologies Private Limited |
| Ashok Kumar DIN 10425118 | Director | 05 Aug 2024 | 2 yrs 2 mo | Gemcorp Recycling & Technologies Private Limited |
| Varsha Girish Purohit DIN 11212041 | Additional Director | 25 Jul 2025 | 1 yr 2 mo | Gemcorp Recycling & Technologies Private Limited |
| Bikash Kumar Sarawgi DIN 09681879 | Additional Director | 12 Nov 2025 | 10 mo | Gemcorp Recycling & Technologies Private Limited |
People of GemCorp
3 people are tracked at GemCorp (2 in leadership, 1 in team); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
| Director | Leadership | |
Mohit B. | Head Of Melting Operations | Leadership |
Rajesh Kulkarni | Human Resources Manager | Team |
Complete people profiles for GemCorp
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Financials of GemCorp
Figures of Gemcorp Recycling & Technologies Private Limited, the primary company behind GemCorp, for FY 2025. Revenue was ₹143 Cr (-26% year on year). Net loss was -₹35.32 Cr (-25% margin). EBITDA was -₹40.18 Cr (-28% margin). Revenue has grown at a compounded annual rate of -21% over three years and +100% over five years.
- ₹143 CrRevenue · FY 2025 · -26% YoY
- -₹35.32 CrNet loss · -25% margin
- -₹40.18 CrEBITDA · -28% margin
- ₹72.50 CrPaid-up capital
- 43Employees (provident fund records)
- -21%Revenue CAGR, 3 years
- +100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gemcorp Recycling & Technologies Private Limited are on its company page.
Detailed financial statements for GemCorp
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Competitors of GemCorp
GemCorp 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 GFL Environmental, Republic Services, Casella, Biffa and Paprec, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gflenv.com | 2007 | Vaughan, Canada | $785.82M | 812 | Solid and liquid waste management services are provided to clients. | |
| republicservices.com | 1998 | Phoenix, United States | – | 40,000 | Integrated waste management services are provided nationwide. | |
| casella.com | 1975 | Rutland, United States | – | 2,445 | Waste management services are provided across the United States. | |
| biffa.co.uk | 1912 | Buckingham, United Kingdom | – | – | Horizontally integrated waste management services are provided across various processes. | |
| paprec.com | 1994 | Paris, France | $1.01B | – | Horizontal integration is employed in recycling operations and services. | |
| tradebe.com | 1983 | Barcelona, Spain | – | 839 | Industrial waste management and energy recovery services are provided. | |
| waga-energy.com | 2015 | Grenoble, France | $11.02M | 10 | Solid waste management and recycling services are provided globally. | |
| renewi.com | 1880 | Milton Keynes, United Kingdom | – | 6,153 | Renewi is engaged in waste-to-product solutions and recycling services. |
Detailed competitors of GemCorp
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Latest news on Gemcorp
Complete news archive for GemCorp
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Similar companies to GemCorp
10 companies that operate in the same segment as GemCorp (Circular Economy Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform connecting stakeholders for metal buying, selling, and fabrication. | 2021 | Delhi, Delhi, India | USD 25 M | USD 10.33 M | 86 | |
Investing in technology-driven and sustainable businesses across multiple sectors for social and financial impact. | 2018 | Newark, New Jersey, United States | – | – | – | |
The Irish Bioeconomy Foundation is focused on promoting Ireland's bioeconomy through specialized services. | 2017 | Tipperary, Ireland | USD 5.49 M | – | – | |
Venture funding for India's Creative, Cultural, and Circular economy sectors to enhance rural livelihoods. | 2021 | Mumbai, Maharashtra, India | – | – | – | |
Waste reduction and sustainable resource use are advanced globally. | 2000 | Banbury, Oxfordshire, United Kingdom | – | USD 66.17 K | 2 | |
CURTI is engaged in manufacturing automatic machines and complex subassemblies. | 1955 | Castel Bolognese, Emilia-romagna, Italy | – | – | – | |
Reusable packaging services are provided for sustainable alternatives. | 2021 | London, England, United Kingdom | USD 3.34 M | – | 6 | |
Facilitation of donations, sustainability, and corporate engagement services in India. | 2015 | Bengaluru, Karnataka, India | – | USD 15.42 K | – | |
Offers sustainable products, ESG services, and circular economy solutions to organizations. | 2016 | Bengaluru, Karnataka, India | – | – | – | |
Environmental and waste management consulting services are provided. | 2011 | Sweden | – | – | – |
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Frequently Asked Questions about GemCorp
GemCorp was founded in 2019.
GemCorp is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
GemCorp has 43 employees.
The primary company behind GemCorp, Gemcorp Recycling & Technologies Private Limited, reported revenue of ₹143 Cr for FY 2025, down 26% year on year.
GemCorp operates in India, specializing in waste management and recycling to promote a circular economy. They collect, process, and upcycle waste into reusable materials, using blockchain technology for traceability. The company empowers reclaimers with tools and programs, offering EPR solutions to businesses for compliance. Based primarily in Navi Mumbai, with operations in Kolkata, Bengaluru, and Gujarat, they serve communities and industries to reduce environmental impact.
GemCorp's top competitors include Republic Services, GFL Environmental and Casella.
GemCorp offers ReMake Platform, EPR Solutions, Plastic Credits, Circular Solutions, and Material Innovation.
GemCorp operates through Gemcorp Recycling & Technologies Private Limited.
The legal entities of GemCorp currently have 5 directors, including Ashok Kumar, Vikas Chhajer, Varsha Girish Purohit and others.
