Green Worms

Kozhikode, India Founded: 2014 • Age: 12 yrs
Provider of waste management and circular economy solutions

About Green Worms

Green Worms is an Environment company based in Kozhikode (India) founded in 2014 by Jabir Karat. Provider of waste management and circular economy solutions. Green Worms has raised $953.6 thousand across 2 funding rounds from investors including Upaya Social Ventures, S3IDF and Acumen. The company has 285 employees. Green Worms offers products and services including Waste Management Services, EPR Compliance Services, and Procure4Circularity. Its focus areas include Waste & Water Management, Waste Management, Treatment and Recycling. Its competitors include Ganesha Ecosphere, Polygenta and Revalyu; 1 of its 3 listed competitors has raised funding.

Company details

Founded in 2014 in Kozhikode, India, waste management services are offered by Green Worms to local governments in towns, villages, and islands. Support for EPR compliance and procurement in circularity initiatives is extended to brands and manufacturers. Waste is converted into raw materials, with recycled materials incorporated into finished goods. Jobs are created, and poverty reduction is facilitated through these operations in the environmental services sector.

  • Headquarters Kozhikode, India
  • Employees 285
  • Founders Jabir Karat
  • Sectors
    Environment
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website greenworms.org
  • Social LinkedIn X Facebook Instagram
Key Metrics
  • Annual Revenue
    $3.85 M (USD)
    19
    as on Mar 31, 2024
  • Net Profit
    $389.44 K (USD)
    5
    as on Mar 31, 2024
  • EBITDA
    $605.73 K (USD)
    1
    as on Mar 31, 2024
  • Total Equity Funding
    $953.6K (USD)

    in 2 rounds

  • Latest Funding Round
    $953.6K (USD), Seed

    May 2024

  • Investors
  • Employee Count
    285

Products & Services of Green Worms

Green Worms offers a comprehensive portfolio of products and services, including Waste Management Services, EPR Compliance Services, and Procure4Circularity.

Waste Management Services
Waste Services

Services for managing waste and recycling for local governments.

EPR Compliance Services
Compliance

Assistance for brands in extended producer responsibility regulations.

Procure4Circularity
Procurement

Platform for sourcing recycled materials in circular economy.

Funding Insights of Green Worms

Green Worms has successfully raised a total of $953.6K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $953.6 thousand completed in May 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 $953,602
  • Total Rounds 2
  • Last Round Seed β€” $953,602
  • Investors Count 4

All 2 funding rounds of Green Worms with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$953,602Seed–Acumen
Sep 2021Seed–Upaya Social Ventures, S3IDF
–
Valuation history

4 investors in total: 4 institutional.

Investors in Green Worms

Green Worms has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Upaya Social Ventures, S3IDF and Acumen.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startup acceleration programs and seed financing are provided in India.
upayasv.orgSeattle, United States
Growth-oriented startups are funded by S3IDF venture capital fund.
s3idf.usCambridge, United States
acumen.org
rainmatter.com
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Investor details for Green Worms

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Board of directors of Green Worms

The boards of the 2 registered companies of Green Worms currently have 4 directors; the longest-serving is Jabir Karat, appointed in 2014. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jabir Karat
DIN 06963207
Designated Partner13 Nov 201411 yrs 11 moGreen Worms Eco Solutions Llp, Green Worms Waste Management Private Limited
Abdul Shameer Bava Chirakkara Kandy
DIN 06960778
Designated Partner13 Nov 201411 yrs 11 moGreen Worms Eco Solutions Llp, Green Worms Waste Management Private Limited
Mohammed Jamsheer
DIN 07003072
Designated Partner17 Nov 20169 yrs 11 moGreen Worms Eco Solutions Llp, Green Worms Waste Management Private Limited
Ashif Ali Chedakuth
DIN 09186259
Designated Partner01 Apr 20233 yrs 7 moGreen Worms Eco Solutions Llp, Green Worms Waste Management Private Limited

People of Green Worms

2 people are tracked at Green Worms (2 in leadership); the tracked headcount is 285.

NameRoleGroup
FounderLeadership
Rajesh John Mathew
Special Assistatnt To CEOLeadership
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Financials of Green Worms

Figures of Green Worms Waste Management Private Limited, the primary company behind Green Worms, for FY 2025. Revenue was ₹69.08 Cr (+52% year on year). Net profit was ₹5.07 Cr (7% margin). EBITDA was ₹8.40 Cr (12% margin). Revenue has grown at a compounded annual rate of +333% over three years and +450% over five years.

  • ₹69.08 CrRevenue · FY 2025 · +52% YoY
  • ₹5.07 CrNet profit · 7% margin
  • ₹8.40 CrEBITDA · 12% margin
  • ₹29,000Paid-up capital
  • 119Employees (provident fund records)
  • +333%Revenue CAGR, 3 years
  • +450%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Green Worms Waste Management Private Limited are on its company page.

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Detailed financial statements for Green Worms

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Timeline of Green Worms

3 dated milestones of Green Worms across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Green Worms is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed, of $954K.

Competitors of Green Worms

Green Worms has 3 listed competitors in our database, 1 of them funded. They include Ganesha Ecosphere, Polygenta and Revalyu.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ganeshaecosphere.com1987Kanpur, India$6M223
Plastic waste is recycled through services offered by Ganesha Ecosphere.
polygenta.com1981Nashik, India286
PET bottles are chemically recycled to produce yarns and chips.
revalyu.in1981Nashik, India342
Recycles PET bottles to produce high-quality chips and yarns for textiles.
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Detailed competitors of Green Worms

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Web traffic of Green Worms

The website of Green Worms (greenworms.org) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 9.1% vs previous month

Similar websites

Websites whose visitors overlap most with Green Worms. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gr-solar.de
gr-solar.de
100%
#5,997,088–

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as Green Worms (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M
Tech-based solid waste management and recycling solutions are provided.
2008Noida, Uttar Pradesh, IndiaUSD 31.1 MUSD 52.13 M106
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Related news about Green Worms

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Frequently Asked Questions about Green Worms

Green Worms was founded in 2014 and raised its 1st funding round 7 years after it was founded.

Green Worms is headquartered in Kozhikode, India. It is registered at Kozhikode, Kerala, India.

Green Worms is a funded company, having raised a total of $953.6K across 2 funding rounds to date.

Green Worms has 285 employees.

Annual revenue of Green Worms is $3.85M as on Mar 31, 2024.

Founded in 2014 in Kozhikode, India, waste management services are offered by Green Worms to local governments in towns, villages, and islands. Support for EPR compliance and procurement in circularity initiatives is extended to brands and manufacturers. Waste is converted into raw materials, with recycled materials incorporated into finished goods. Jobs are created, and poverty reduction is facilitated through these operations in the environmental services sector.

Green Worms's top competitors include Ganesha Ecosphere, Polygenta and Revalyu.

Green Worms offers Waste Management Services, EPR Compliance Services, and Procure4Circularity.

Green Worms has 4 investors. Key investors include Upaya Social Ventures, S3IDF, Acumen, and Rainmatter.

Green Worms is associated with 2 legal entities: Green Worms Eco Solutions Llp, Green Worms Waste Management Private Limited.

The legal entities of Green Worms currently have 4 directors, including Ashif Ali Chedakuth, Mohammed Jamsheer, Jabir Karat and others.

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