NovoEarth

Kanpur, India Founded: 2021 • Age: 5 yrs
Developer of compostable biopolymers and recyclable building materials from plastic waste

About NovoEarth

NovoEarth is an Environment company based in Kanpur (India) founded in 2021 by Mohd Shahid Jamal, Sarthak Gupta, Rishabh Gupta, and Anmol Bansal. Developer of compostable biopolymers and recyclable building materials from plastic waste. NovoEarth has raised $29.64 thousand across 2 funding rounds from investors including Social Alpha and H&M Foundation. Its chief executive, as recorded, is Sarthak Gupta. Its Indian entity Vintique Home Private Limited reported revenue of β‚Ή19 Lakh. NovoEarth offers products and services including NovoPolymer and NovoBoards. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Upcycling.

Company details

NovoEarth was founded in 2021 in Kanpur, India, within the sustainable materials sector. Compostable biopolymers are developed to compete cost-wise with conventional plastics, while being compatible with existing processing equipment. Non-recyclable plastic waste is transformed into durable building boards that are recyclable, waterproof, rustproof, termite-proof, and fire-retardant. Waste is sourced from companies, landfills, and government agencies, with a return program provided for end-of-life boards to reduce landfill use and deforestation.

  • Headquarters Kanpur, India
  • Founders Mohd Shahid Jamal, Sarthak Gupta, Rishabh Gupta, Anmol Bansal
  • Sectors
    Environment
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website novoearth.co
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Vintique Home Private Limited
  • Date of Incorporation 06 Jun, 2019
  • Jurisdiction Kanpur, Uttar Pradesh, India
Key Metrics
  • Annual Revenue
    ₹19 Lakh

    FY 2022 · -21% YoY

  • Net Profit
    ₹74,742

    FY 2022 · 4% margin

  • EBITDA
    ₹1.2 Lakh

    FY 2022 · 6% margin

  • Total Equity Funding
    $29.64K (USD)

    in 2 rounds

  • Latest Funding Round
    $29.64K (USD), Seed

    Nov 2024

  • Investors

Products & Services of NovoEarth

NovoEarth offers a comprehensive portfolio of products and services, including NovoPolymer and NovoBoards.

NovoPolymer
Biopolymer Pellets

100% compostable pellets from waste for packaging and horticulture applications.

NovoBoards
Recycled Building Materials

Boards made from non-recyclable plastic for durable construction and furniture.

Apps and channels of NovoEarth

its YouTube channel NovoEarth has 5 subscribers.

NovoEarth
YouTube 5 subscribers
Open channel

Funding Insights of NovoEarth

NovoEarth has successfully raised a total of $29.64K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $29.64 thousand completed in November 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 $29,641
  • Total Rounds 2
  • Last Round Seed β€” $29,641
  • First Round $23,906

    (Sep 2024)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$29,641Seed––
–
Sep 2024$23,906Grant–Social Alpha
Valuation history

2 investors in total: 2 institutional.

Investors in NovoEarth

NovoEarth has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Social Alpha and H&M Foundation.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Sustainable startups are supported via innovation curation and venture funding.
socialalpha.orgBengaluru, India
H&M Foundation is focused on sustainable textile industry solutions.
hmfoundation.comStockholm, Sweden
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Investor details for NovoEarth

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

Board of directors of Vintique Home Private Limited (NovoEarth)

Vintique Home Private Limited is the primary company behind NovoEarth. The boards of the 3 registered companies of NovoEarth currently have 5 directors; the longest-serving is Anmol Bansal, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Anmol Bansal
DIN 08472834
Director06 Jun 20197 yrs 5 moVintique Home Private Limited
Vineeta Bansal
DIN 08472835
Director06 Jun 20197 yrs 5 moVintique Home Private Limited
Sarthak Gupta
DIN 08193316
Director23 Oct 20215 yrsPolycycling Solutions Private Limited, Invoviron Industries Trading Private Limited
Mohd Shahid Jamal
DIN 08193317
Director23 Oct 20215 yrsPolycycling Solutions Private Limited, Invoviron Industries Trading Private Limited
Rishabh Gupta
DIN 02704571
Director23 Oct 20215 yrsPolycycling Solutions Private Limited

People of NovoEarth

4 people are tracked at NovoEarth (4 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Co-FounderLeadership
Co-FounderLeadership
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Complete people profiles for NovoEarth

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of NovoEarth

Figures of Vintique Home Private Limited, the primary company behind NovoEarth, for FY 2022. Revenue was ₹19 Lakh (-21% year on year). Net profit was ₹74,742 (4% margin). EBITDA was ₹1.2 Lakh (6% margin).

  • ₹19 LakhRevenue · FY 2022 · -21% YoY
  • ₹74,742Net profit · 4% margin
  • ₹1.2 LakhEBITDA · 6% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Vintique Home Private Limited are on its company page.

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Detailed financial statements for NovoEarth

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of NovoEarth

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

  1. Founded NovoEarth is founded.
  2. Funding First funding round of $24K.
  3. Funding Latest funding round, Seed, of $30K.

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as NovoEarth (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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Frequently Asked Questions about NovoEarth

NovoEarth was founded in 2021 and raised its 1st funding round 3 years after it was founded.

NovoEarth is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.

Sarthak Gupta is the CEO of NovoEarth, as recorded in our data. They have also founded this company.

NovoEarth is a funded company, having raised a total of $29.64K across 2 funding rounds to date. The company's 1st funding round was a Grant of $23.91K, raised on Sep 2024.

The primary company behind NovoEarth, Vintique Home Private Limited, reported revenue of β‚Ή19 Lakh for FY 2022, down 21% year on year.

NovoEarth was founded in 2021 in Kanpur, India, within the sustainable materials sector. Compostable biopolymers are developed to compete cost-wise with conventional plastics, while being compatible with existing processing equipment. Non-recyclable plastic waste is transformed into durable building boards that are recyclable, waterproof, rustproof, termite-proof, and fire-retardant. Waste is sourced from companies, landfills, and government agencies, with a return program provided for end-of-life boards to reduce landfill use and deforestation.

NovoEarth offers NovoPolymer and NovoBoards.

NovoEarth has 2 investors. Key investors include Social Alpha, and H&M Foundation.

NovoEarth is associated with 3 legal entities: Vintique Home Private Limited, Polycycling Solutions Private Limited, Invoviron Industries Trading Private Limited.

The legal entities of NovoEarth currently have 5 directors, including Sarthak Gupta, Mohd Shahid Jamal, Rishabh Gupta and others.

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