GemCorp

Navi Mumbai, India Founded: 2019 • Age: 7 yrs
Provides waste recycling, management services, and empowers reclaimers through partnerships.

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.

Key Metrics
  • 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 Count
    43

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.

ReMake Platform
Blockchain Tracking

Platform for tracing waste from collection to recycling.

EPR Solutions
Compliance Services

Services to help businesses meet waste regulations.

Plastic Credits
Environmental Credits

Certified credits for financing waste recovery efforts.

Circular Solutions
Waste Upcycling

Processes to convert waste into reusable products.

Material Innovation
Recycling Technology

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.

DirectorDesignationAppointedTenureEntity
Vikas Chhajer
DIN 03019382
Director20 Mar 20233 yrs 6 moGemcorp Recycling & Technologies Private Limited
Ashok Kumar
DIN 10425118
Director05 Aug 20242 yrs 2 moGemcorp Recycling & Technologies Private Limited
Varsha Girish Purohit
DIN 11212041
Additional Director25 Jul 20251 yr 2 moGemcorp Recycling & Technologies Private Limited
Bikash Kumar Sarawgi
DIN 09681879
Additional Director12 Nov 202510 moGemcorp Recycling & Technologies Private Limited

People of GemCorp

3 people are tracked at GemCorp (2 in leadership, 1 in team); the tracked headcount is 43.

NameRoleGroup
DirectorLeadership
Mohit B.
Head Of Melting OperationsLeadership
Rajesh Kulkarni
Human Resources ManagerTeam
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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.

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gflenv.com2007Vaughan, Canada$785.82M812
Solid and liquid waste management services are provided to clients.
republicservices.com1998Phoenix, United States–40,000
Integrated waste management services are provided nationwide.
casella.com1975Rutland, United States–2,445
Waste management services are provided across the United States.
biffa.co.uk1912Buckingham, United Kingdom––
Horizontally integrated waste management services are provided across various processes.
paprec.com1994Paris, France$1.01B–
Horizontal integration is employed in recycling operations and services.
tradebe.com1983Barcelona, Spain–839
Industrial waste management and energy recovery services are provided.
waga-energy.com2015Grenoble, France$11.02M10
Solid waste management and recycling services are provided globally.
renewi.com1880Milton Keynes, United Kingdom–6,153
Renewi is engaged in waste-to-product solutions and recycling services.
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Detailed competitors of GemCorp

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Latest news on 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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform connecting stakeholders for metal buying, selling, and fabrication.
2021Delhi, Delhi, IndiaUSD 25 MUSD 10.33 M86
Investing in technology-driven and sustainable businesses across multiple sectors for social and financial impact.
2018Newark, New Jersey, United States–––
The Irish Bioeconomy Foundation is focused on promoting Ireland's bioeconomy through specialized services.
2017Tipperary, IrelandUSD 5.49 M––
Venture funding for India's Creative, Cultural, and Circular economy sectors to enhance rural livelihoods.
2021Mumbai, Maharashtra, India–––
Waste reduction and sustainable resource use are advanced globally.
2000Banbury, Oxfordshire, United Kingdom–USD 66.17 K2
CURTI is engaged in manufacturing automatic machines and complex subassemblies.
1955Castel Bolognese, Emilia-romagna, Italy–––
Reusable packaging services are provided for sustainable alternatives.
2021London, England, United KingdomUSD 3.34 M–6
Facilitation of donations, sustainability, and corporate engagement services in India.
2015Bengaluru, Karnataka, India–USD 15.42 K–
Offers sustainable products, ESG services, and circular economy solutions to organizations.
2016Bengaluru, Karnataka, India–––
Environmental and waste management consulting services are provided.
2011Sweden–––
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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.

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