About PadCareLabs
PadCareLabs is an Environment company based in Pune (India) founded in 2018 by Ajinkya Dhariya. Sanitary pad recycling solutions are provided using patented technology. PadCareLabs has raised $2.9 million across 6 funding rounds from investors including Angel List, Wellfound and Lavni Ventures. The company has 44 employees. PadCareLabs was last valued at $13.08 million in December 2025. Its chief executive, as recorded, is Ajinkya Dhariya. Its website padcarelabs.com draws about 16 thousand monthly visits. Its Indian entity Padcare Labs Private Limited reported revenue of ₹14.21 Cr. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Tech Enabled Recyclers.
Company details
Founded in 2018 in Pune, India, operations focus on sustainable waste management in the menstrual hygiene sector. Patented recycling technology is utilized to process sanitary pads, with specialized bins supplied for collection in workplaces, residential areas, and communities. Recycled materials are transformed into new products, supporting environmental reduction efforts through facilitated waste handling and material reuse.
- Headquarters Pune, India
- Employees 44
- Founders Ajinkya Dhariya
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website padcarelabs.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Padcare Labs Private Limited
- Date of Incorporation 10 Jul, 2018
- Jurisdiction Mhasla, Maharashtra, India
- Annual Revenue₹14.21 Cr
FY 2025 · +138% YoY
- Net Profit₹1.46 Cr
FY 2025 · 10% margin
- EBITDA₹2.77 Cr
FY 2025 · 19% margin
- Total Equity Funding$2.9M (USD)
in 6 rounds
- InvestorsAngel List
& 23 more
- Employee Count44
Associated legal entities of PadCareLabs
PadCareLabs operates through Padcare Labs 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 |
|---|---|---|---|---|---|---|---|
| Padcare Labs Private Limited CIN U37100MH2018PTC311712 | Active | 10 Jul 2018 | Mhasla, Maharashtra | ₹14.2 Cr | 44 | 3 | View details |
Apps and channels of PadCareLabs
its YouTube channel PadCare Labs has 672 subscribers and 23 videos.
Videos from PadCareLabs
The most watched videos on PadCareLabs's YouTube channel, PadCare Labs (672 subscribers). Click a video to play it here.
More on PadCare Labs.
Funding Insights of PadCareLabs
PadCareLabs has successfully raised a total of $2.9M across 6 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 $2.9M
- Total Rounds 6
- Investors Count 24
All 6 funding rounds of PadCareLabs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | $2.07M | Seed | $13.08M | Rainmatter | |
| Dec 2025 | Debt – Conventional | – | – | ||
| Feb 2023 | $121,627 | Angel Round | – | Peyush Bansal, Anupam Mittal | – |
| Dec 2022 | $604,850 | Seed | $2.28M | Wellfound, Social Alpha | |
| Dec 2020 | $101,730 | Seed | $••••• | BIRAC | |
| Jul 2018 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2025 | $13.08M | •••••••• |
| Dec 2022 | $2.28M | •••••••• |
| Dec 2020 | $••••• | •••••••• |
Full valuation and stage history of PadCareLabs
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $13.08M (Dec 2025). 24 investors in total: 19 institutional and 5 angel.
Investors in PadCareLabs
PadCareLabs has secured backing from 24 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Angel List, Wellfound and Lavni Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable startups are supported via innovation curation and venture funding. | socialalpha.org | Bengaluru, India | ||
Investing in technology-driven and sustainable businesses across multiple sectors for social and financial impact. | 2018 | lavniventures.com | Newark, United States | |
Indian fund focused on fintech, health, and climate initiatives. | rainmatter.com | Bengaluru, India | ||
Spectrum Impact is engaged in solving societal issues through investments. | spectrum-impact.org | Mumbai, India | ||
Venture capital fund focused on early-stage startups | aaremventures.tcc.mode | Mumbai, India | ||
| 2021 | culturecap.in | Delhi, India | ||
Early-stage investment fund providing seed funding and mentorship to Indian startups. | 2021 | thaparvision.com | Pune, India | |
| 3ipartners.vc | ||||
Business incubation services are provided across multiple sectors. | birac.nic.in | Delhi, India | ||
Startup incubator focused on science business | startups.venturecenter.co.in |
Investor details for PadCareLabs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Padcare Labs Private Limited (PadCareLabs)
Padcare Labs Private Limited is the primary company behind PadCareLabs. The board of Padcare Labs Private Limited currently have 3 directors; the longest-serving is Rekha Vikas Dhariya, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rekha Vikas Dhariya DIN 08176515 | Director | 10 Jul 2018 | 8 yrs 3 mo | Padcare Labs Private Limited |
| Ajinkya Vikas Dhariya DIN 08176514 | Director | 10 Jul 2018 | 8 yrs 3 mo | Padcare Labs Private Limited |
| Chandrashekher Lala Das DIN 08207824 | Nominee Director | 28 Apr 2023 | 3 yrs 5 mo | Padcare Labs Private Limited |
People of PadCareLabs
27 people are tracked at PadCareLabs (2 in leadership, 25 in team); the tracked headcount is 44.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Asif Dharwadkar | General Manager, Sales Operations | Leadership |
Katelyn Wrisley | Customer Service Representative | Team |
Devidas Sarphale | Senior Operations Executive | Team |
Arlana Carter | Customer Service Agent | Team |
Margot Rupp | Customer Service Team Manager | Team |
Dheeraj Patil | Sales Development Representatives | Team |
Amit Gadhale | Country Operations Manager | Team |
Shivani Santikar | Operations Consultant | Team |
Manoj Ganesan | Operations Manager - South | Team |
Ashutosh Tripathi | City Operations Manager | Team |
Ekyah Davis | Customer Service Representative | Team |
Shreyas Gawande | Operation Executive | Team |
Shriniwas Adhe | R&d And Engineering Lead | Team |
Aisha Thompson | Customer Service Representative | Team |
Danielle Brown | Customer Service Representative | Team |
Sandesh Salvi | Sr. Sales Executive | Team |
Samridhi Sagdeo | Project Lead | Team |
Vishal Kamble | Branch Manager | Team |
Aasawari Kane | Founding Member, Research and Development | Team |
7 more people are available in the full profile.
Complete people profiles for PadCareLabs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of PadCareLabs
Figures of Padcare Labs Private Limited, the primary company behind PadCareLabs, for FY 2025. Revenue was ₹14.21 Cr (+138% year on year). Net profit was ₹1.46 Cr (10% margin). EBITDA was ₹2.77 Cr (19% margin). Revenue has grown at a compounded annual rate of +158% over three years and +114% over five years.
- ₹14.21 CrRevenue · FY 2025 · +138% YoY
- ₹1.46 CrNet profit · 10% margin
- ₹2.77 CrEBITDA · 19% margin
- ₹5.9 LakhPaid-up capital
- 44Employees (provident fund records)
- +158%Revenue CAGR, 3 years
- +114%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Padcare Labs Private Limited are on its company page.
Detailed financial statements for PadCareLabs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PadCareLabs
4 dated milestones of PadCareLabs across 7 years, from founding to its latest funding, stage changes and deals.
- Founded PadCareLabs is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional,.
Web traffic of PadCareLabs
The website of PadCareLabs (padcarelabs.com) receives about 15.5K visits a month.
- Monthly visits15.5K
▲ 113% vs previous month
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as PadCareLabs (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Padcarelabs
Complete news archive for PadCareLabs
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Articles about PadCareLabs on our blog
Frequently Asked Questions about PadCareLabs
PadCareLabs was founded in 2018.
PadCareLabs is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Ajinkya Dhariya is the CEO of PadCareLabs, as recorded in our data. They have also founded this company.
PadCareLabs is a funded company, having raised a total of $2.9M across 6 funding rounds to date.
PadCareLabs has 44 employees.
The primary company behind PadCareLabs, Padcare Labs Private Limited, reported revenue of ₹14.21 Cr for FY 2025, up 138% year on year.
Founded in 2018 in Pune, India, operations focus on sustainable waste management in the menstrual hygiene sector. Patented recycling technology is utilized to process sanitary pads, with specialized bins supplied for collection in workplaces, residential areas, and communities. Recycled materials are transformed into new products, supporting environmental reduction efforts through facilitated waste handling and material reuse.
PadCareLabs has 24 investors. Key investors include Angel List, Wellfound, Lavni Ventures, Maharashtra State Innovation Society, and Culture Cap.
The valuation of PadCareLabs is $13.08M as of Dec 2025.
PadCareLabs operates through Padcare Labs Private Limited.
The legal entities of PadCareLabs currently have 3 directors, including Rekha Vikas Dhariya, Chandrashekher Lala Das, Ajinkya Vikas Dhariya.