Nepra

Ahmedabad, India Founded: 2006 • Age: 20 yrs Minicorn
Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste

About Nepra

Nepra is an Environment company based in Ahmedabad (India) founded in 2006 by Ravindra Patel, Dhrumin Maheshkumar Patel, and Sandeep Arvindbhai Patel. It operates in the Environment and Business Services sectors. Nepra has raised $39.33 million across 9 funding rounds from investors including Blue Earth Capital, Circulate Capital and Aavishkaar Capital. The company has 3 employees. Nepra was last valued at $59.68 million in July 2022. Its chief executive is Sandeep Arvindbhai Patel. Its Indian entity Nepra Environmental Solutions Technologies Private Limited reported revenue of β‚Ή44.70 Cr. Its focus areas include Environment Consultancy Services, GRC Services, Compliance and QEHS. Its competitors include Let's Recycle, Peppermint Robotics, Cercle X, RecommerceX and Organic Recycling Systems; 4 of its 5 listed competitors have raised funding.

Company details

Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste. It is aenvironmental consulting and sustainability solutions provider specializing in municipal dry waste management, including collection, segregation, and recycling. The company offers end-to-end solutions for dry waste management, leveraging its expertise in sustainable practices to minimize environmental impact.

  • Headquarters Ahmedabad, India
  • Employees 3
  • Founders Ravindra Patel, Dhrumin Maheshkumar Patel, Sandeep Arvindbhai Patel
  • Stage Minicorn
  • Sectors
    Environment
    Business Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website nepra.co.in
  • Social LinkedIn
  • Legal Name Nepra Environmental Solutions Technologies Private Limited
  • Date of Incorporation 13 Mar, 2000
  • Jurisdiction Gandhinagar, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹44.70 Cr

    FY 2025 · +1056% YoY

  • Net Profit
    ₹4.58 Cr

    FY 2025 · 10% margin

  • EBITDA
    ₹5.82 Cr

    FY 2025 · 13% margin

  • Total Equity Funding
    $39.33M (USD)

    in 9 rounds

  • Investors
  • Employee Count
    3

Funding Insights of Nepra

Nepra has successfully raised a total of $39.33M across 9 strategic funding rounds. 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 $39.33M
  • Total Rounds 9
  • First Round $640,122

    (Jan 2013)

  • Investors Count 8

All 9 funding rounds of Nepra with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024–Series C–Blue Earth Capital
–
Jul 2022$4.63MSeries C$59.68M–
Nov 2020$18MSeries C$59.37MCirculate Capital, Aavishkaar Capital
–
Nov 2019$5.72MSeries B$β€’β€’β€’β€’β€’Aavishkaar Capital
Jun 2018$6.46MSeries B$β€’β€’β€’β€’β€’Aavishkaar Capital
Aug 2016$1.95MSeries A$β€’β€’β€’β€’β€’Aavishkaar Capital
–
Apr 2015$1.6MSeed$β€’β€’β€’β€’β€’Aavishkaar Capital
–
Jun 2014$332,124Seed$β€’β€’β€’β€’β€’Aavishkaar Capital
–
Jan 2013$640,122Seed$‒‒‒‒‒–
Valuation history
DateValuationStage
Jul 2022$59.68Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2020$59.37Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Aug 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Apr 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jan 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Nepra

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Last known valuation $59.68M (Jul 2022). 8 investors in total: 4 institutional and 4 angel.

Investors in Nepra

Nepra has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Blue Earth Capital, Circulate Capital and Aavishkaar Capital.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Provider of investment firm specializing in private equity and private credit
2015blueearth.capitalBaar, Switzerland
Investment management focused on circular economy and plastic supply chains in high-growth markets.
2017circulatecapital.com-
Venture capital firm
–aavishkaarcapital.inMumbai, India
Venture capital fund investment in series-A startups
–ashaventures.inMumbai, India

Sandeep Patel

-
–unknown_06ddda4f42a64087b-

Chirag Nathubhai Patel

-
–unknown_e358c16e8968452ea-

Ravindra Rameshbhai Patel

-
–unknown_a22b853d2a2f4aa8a-

Dhrumin Maheshkumar Patel

-
–unknown_28f5a905e2474fb88-
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Investor details for Nepra

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Board of directors of Nepra Environmental Solutions Technologies Private Limited (Nepra)

Nepra Environmental Solutions Technologies Private Limited is the primary company behind Nepra. The boards of the 3 registered companies of Nepra currently have 12 directors; the longest-serving is Sandeep Arvind Patel, appointed in 2017. 30 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sandeep Arvind Patel
DIN 00372330
Director09 Aug 20179 yrs 2 moNepra Environmental Solutions Technologies Private Limited
Arvindbhai Hargovandas Patel
DIN 02461509
Director26 Mar 20188 yrs 6 moNepra Environmental Solutions Technologies Private Limited
Anurag Agrawal
DIN 02385780
Nominee Director19 Jun 20188 yrs 3 moNepra Resource Management Private Limited
Robert Ira Kaplan
DIN 08711799
Nominee Director02 Dec 20205 yrs 10 moNepra Resource Management Private Limited
Gurjit Singh
DIN 07981749
Director17 Jun 20215 yrs 4 moNepra Resource Management Private Limited
Satishkumar Narayanbhai Chaudhary
DIN 10216495
Director28 Jun 20233 yrs 3 moSavit Polymer Solutions Private Limited
Neha Sandeep Patel
DIN 02460264
Director10 Aug 20233 yrs 2 moNepra Environmental Solutions Technologies Private Limited
Kalpesh Babulal Patel
DIN 06931653
Director21 Sep 20233 yrsSavit Polymer Solutions Private Limited
Snehal Jagdishbhai Jariwala
DIN 07874422
Managing Director01 May 20242 yrs 5 moNepra Environmental Solutions Technologies Private Limited
Ajay Achyutrao Deshpande
DIN 09464046
Director18 Jan 20251 yr 8 moNepra Environmental Solutions Technologies Private Limited
Deep Halendra Dholakia
DIN 03466012
Director03 Feb 20251 yr 8 moNepra Resource Management Private Limited
Kushal Lathia
DIN 11093937
Nominee Director08 May 20251 yr 5 moNepra Resource Management Private Limited

People of Nepra

23 people are tracked at Nepra (11 in leadership, 12 in team); the tracked headcount is 3.

NameRoleGroup
Co-FounderLeadership
Dhrumin Maheshkumar Patel
Co-FounderLeadership
Co-Founder & CEOLeadership
CEO & MD & DirectorLeadership
Dhrumin Patel
Chief Operating OfficerLeadership
Ravi Patel
Chief Commercial OfficerLeadership
CEOLeadership
Jatin Kohli
Chief Sales Officer (cso)Leadership
Bhavesh Patel
General Manager - Special ProjectsLeadership
Kinshu Jain
HR Business PartnerLeadership
Amit Patel
Head - Business DevelopmentLeadership
Abhishek Bajpai
Unknown RoleTeam
Ojas Deshpande
Product Management InternTeam
Anant Jogi
Marketing ManagerTeam
Swati Barod
Management Information System ExecutiveTeam
Jagabandhu Behera
Operations ManagerTeam
Khyati Patel
Project Coordinator - New Projects & ESGTeam
Yogin Panchal
Electrical EngineerTeam
Rohit Savaliya
Machine Learning EngineerTeam
Hetvi Soni
Advisory And Business DevelopmentTeam

3 more people are available in the full profile.

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Financials of Nepra

Figures of Nepra Environmental Solutions Technologies Private Limited, the primary company behind Nepra, for FY 2025. Revenue was ₹44.70 Cr (+1056% year on year). Net profit was ₹4.58 Cr (10% margin). EBITDA was ₹5.82 Cr (13% margin). Revenue has grown at a compounded annual rate of +89% over three years and +22% over five years.

  • ₹44.70 CrRevenue · FY 2025 · +1056% YoY
  • ₹4.58 CrNet profit · 10% margin
  • ₹5.82 CrEBITDA · 13% margin
  • ₹2.26 CrPaid-up capital
  • 3Employees (provident fund records)
  • +89%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Nepra Environmental Solutions Technologies Private Limited are on its company page.

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Timeline of Nepra

4 dated milestones of Nepra across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nepra is founded.
  2. Funding First funding round of $640K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C,.

Competitors of Nepra

Nepra has 5 listed competitors in our database, 4 of them funded. They include Let's Recycle, Peppermint Robotics, Cercle X, RecommerceX and Organic Recycling Systems, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
letsrecycle.in2012Ahmedabad, India$38.62M262
Dry waste is collected, segregated, and sent to authorized recyclers.
peppermintrobotics.com2019Pune, India$7.31M95
Intelligent robots are provided for commercial and industrial automation tasks.
cerclex.com2020Coimbatore, India$911,72327
Software solutions for industrial waste management are provided.
recommercex.com2024Noida, India$3.6M18
Manufacturer of recycled steel and plastic products from industrial waste
organicrecycling.co.in2008Navi Mumbai, India–46
Provider of waste management solutions
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Web traffic of Nepra

The website of Nepra (nepra.co.in) receives about 2.8K visits a month.

  • Monthly visits
    2.8K

    ▼ 19.8% vs previous month

Top companies in Environmental Consulting & Advisory

10 companies that operate in the same segment as Nepra (Environmental Consulting & Advisory), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Environmental consulting and operational performance services are provided.
1971London, England, United Kingdom–––
Engineering and construction services for industrial plants are provided.
1972Madrid, Madrid, Spain–USD 7.6 B973
Pest control and building environment services are provided globally.
1934Stockholm, Sweden––378
Engineering and management consulting services are provided globally.
1961San Diego, California, United States–––
Environmental consultancy services are provided to clients worldwide.
2008Durham, North Carolina, United StatesUSD 100 M––
Environmental services are provided for ocean conservation efforts.
2007Gloria, Alagoas, BrazilUSD 35 MUSD 388.84 M2,160
Weather forecasting and climate science services are provided globally.
1854Exeter, Devon, United Kingdom–––
Floor coverings are distributed by Headlam in the United Kingdom.
1992Coleshill, United Kingdom–USD 671.52 M2,380
Compliance evaluation and certification services are provided worldwide.
1828Paris, France–USD 7.6 B84,250
Company providing consulting services to organizations measure, reduce, and report their greenhouse gas emissions, aiming to their decarbonization ...
2019Tokyo, Tokyo, JapanUSD 110.99 M––
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Related news about Nepra

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Frequently Asked Questions about Nepra

Nepra was founded in 2006 and raised its 1st funding round 7 years after it was founded.

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

Sandeep Arvindbhai Patel is the current CEO of Nepra. They have also founded this company.

Nepra is a funded company, having raised a total of $39.33M across 9 funding rounds to date. The company's 1st funding round was a Seed of $640.12K, raised on Jan 2013.

Nepra has 3 employees.

The primary company behind Nepra, Nepra Environmental Solutions Technologies Private Limited, reported revenue of β‚Ή44.70 Cr for FY 2025, up 1056% year on year.

Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste. It is aenvironmental consulting and sustainability solutions provider specializing in municipal dry waste management, including collection, segregation, and recycling. The company offers end-to-end solutions for dry waste management, leveraging its expertise in sustainable practices to minimize environmental impact.

Nepra's top competitors include Peppermint Robotics, Organic Recycling Systems and RecommerceX.

Nepra has 8 investors. Key investors include Blue Earth Capital, Circulate Capital, Aavishkaar Capital, Asha, and Sandeep Patel.

The valuation of Nepra is $59.68M as of Jul 2022.

Nepra is associated with 3 legal entities: Nepra Environmental Solutions Technologies Private Limited, Savit Polymer Solutions Private Limited, Nepra Resource Management Private Limited.

The legal entities of Nepra currently have 13 directors, including Kalpesh Babulal Patel, Satishkumar Narayanbhai Chaudhary, Anurag Agrawal and others.

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