About Pashupati Group
Pashupati Group is a company based in Kashipur (India) founded in 2008 by Vishnu Prakash Goenka. Pashupati Group has raised $35.95 million across 1 funding round from investors including QRG Investments and Holdings, Emerge Capital Partners and A9 Finsight. The company has 363 employees. Pashupati Group operates in a competitive market with competitors including Ganesha Ecosphere, Green Worms, Polygenta, Revalyu and Rungta Greentech, among others.
- Annual Revenue$58.83 M (USD)51as on Mar 31, 2024
- Net Profit-$599.84 K (USD)-127as on Mar 31, 2024
- EBITDA$5.27 M (USD)-1as on Mar 31, 2024
- Total Equity Funding$35.95M (USD)
in 1 rounds
- Latest Funding Round$35.95M (USD), Series A
Dec 2024
- InvestorsQRG Investments and Holdings
& 54 more
- Employee Count363
Associated legal entities of Pashupati Group
Pashupati Group is associated with 4 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pashupati Laminators Private Limited CIN U70102UP2007PTC105372 | Active | 03 Sep 2007 | Gorakhpur, Uttar Pradesh | ₹328 Cr | 160 | 5 | View details |
| Pashupati Excrusion Private Limited CIN U24100UR2014PTC001125 | Active | 21 Apr 2014 | Kashipur, Uttarakhand | ₹77.4 Cr | 16 | 2 | View details |
| Pashupati Polytex Private Limited CIN U37100UP2009PTC105373 | Active | 22 Jun 2009 | Gorakhpur, Uttar Pradesh | ₹591 Cr | 83 | 7 | View details |
| Salasar Technotex Private Limited CIN U25209UP2020PTC133589 | Active | 29 Aug 2020 | Gorakhpur, Uttar Pradesh | ₹117 Cr | 58 | 4 | View details |
Funding Insights of Pashupati Group
Pashupati Group has successfully raised a total of $35.95M through 1 strategic funding round. The most recent funding activity was a Series A round of $35.95 million completed in December 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 $35.95M
- Total Rounds 1
- Last Round Series A — $35.95M
- First Round $35.95M
(Dec 2024)
- Investors Count 55
All 1 funding rounds of Pashupati Group 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 2024 | $35.95M | Series A | – | – |
55 investors in total: 17 institutional and 38 angel.
Investors in Pashupati Group
Pashupati Group has secured backing from 55 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include QRG Investments and Holdings, Emerge Capital Partners and A9 Finsight.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage companies | – | qrginvestmentandholdings.tcc.mode | - | |
Schools and pre-schools are established in India and abroad. | – | kamaholdings.com | - | |
Global investment bank | – | emergecap.com | - | |
- | – | a9finsight.tcc.mode | - | |
Offers trusteeship services to banks, corporates, NBFCs, and individuals in financial sectors. | – | universaltrustee.net | - | |
- | – | karmavrealestateholdings.tcc.mode | - | |
- | – | northeastgases.tcc.mode | - | |
- | – | nkaresources.tcc.mode | - | |
- | – | resurgencecapital.com | - | |
- | – | niragventures.tcc.mode | - |
Investor details for Pashupati Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Pashupati Group
The boards of the 4 registered companies of Pashupati Group currently have 6 directors; the longest-serving is Piyush Kumar Goenka, appointed in 2016. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Piyush Kumar Goenka DIN 00578673 | Director | 24 Feb 2016 | 10 yrs 7 mo | Pashupati Excrusion Private Limited, Salasar Technotex Private Limited, Pashupati Polytex Private Limited, Pashupati Laminators Private Limited |
| Bankey Bihari Goenka DIN 00578617 | Director | 30 Aug 2021 | 5 yrs 1 mo | Pashupati Excrusion Private Limited, Salasar Technotex Private Limited, Pashupati Polytex Private Limited, Pashupati Laminators Private Limited |
| Vishnu Prakash Goenka DIN 00578746 | Director | 15 Feb 2024 | 2 yrs 7 mo | Pashupati Polytex Private Limited, Pashupati Laminators Private Limited |
| Pallavi Goenka DIN 00578768 | Director | 17 Dec 2024 | 1 yr 9 mo | Pashupati Polytex Private Limited |
| Manisha Goenka DIN 00578712 | Director | 17 Dec 2024 | 1 yr 9 mo | Pashupati Polytex Private Limited |
| Shivam Jhunjhunwala DIN 07389746 | Director | 13 Jan 2025 | 1 yr 8 mo | Pashupati Polytex Private Limited |
People of Pashupati Group
5 people are tracked at Pashupati Group (5 in leadership); the tracked headcount is 363.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Managing Director | Leadership | |
Markandey Shukla | Co-CEO | Leadership |
S Sudhakara Rao | Co-CEO | Leadership |
Minakshi Singh | PA To Chief Managing Director | Leadership |
Complete people profiles for Pashupati Group
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 Pashupati Group
Figures of Pashupati Excrusion Private Limited, the primary company behind Pashupati Group, for FY 2025. Revenue was ₹77.43 Cr (-3% year on year). Net profit was ₹2.95 Cr (4% margin). EBITDA was ₹7.93 Cr (10% margin). Revenue has grown at a compounded annual rate of +25% over three years and +22% over five years.
- ₹77.43 CrRevenue · FY 2025 · -3% YoY
- ₹2.95 CrNet profit · 4% margin
- ₹7.93 CrEBITDA · 10% margin
- ₹4.01 CrPaid-up capital
- 16Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pashupati Excrusion Private Limited are on its company page.
Detailed financial statements for Pashupati Group
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 Pashupati Group
2 dated milestones of Pashupati Group across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Pashupati Group is founded.
- Funding First funding round of $36.0M.
Competitors of Pashupati Group
Pashupati Group 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 Ganesha Ecosphere, Green Worms, Polygenta, Revalyu and Rungta Greentech, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ganeshaecosphere.com | 1987 | Kanpur, India | $6M | 223 | Plastic waste is recycled through services offered by Ganesha Ecosphere. | |
| greenworms.org | 2014 | Kozhikode, India | – | 285 | Provider of waste management and circular economy solutions | |
| polygenta.com | 1981 | Nashik, India | – | 286 | PET bottles are chemically recycled to produce yarns and chips. | |
| revalyu.in | 1981 | Nashik, India | – | 342 | Recycles PET bottles to produce high-quality chips and yarns for textiles. | |
| rungta-group.in | 2005 | Kolkata, India | – | 94 | Recycles PET bottle scrap into high-value products for circular economy applications. | |
| recyclinghub.in | 2016 | Ahmedabad, India | – | 29 | Delivers comprehensive services for plastic waste recycling and sustainability. | |
| safarpolyfibre.com | 2017 | Rajkot, India | – | 215 | Delivers comprehensive plastic recycling services and solutions for clients. |
Detailed competitors of Pashupati Group
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Pashupati Group
The website of Pashupati Group (pashupatigrp.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▼ 2.7% vs previous month
Websites whose visitors overlap most with Pashupati Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| revalyu.com | 100% | 7.4K | #3,241,662 | View details | |
| resgen.in | 99% | 1.1K | #14,904,794 | View details | |
| recyclingstartups.org | 92% | – | – | View details | |
| gravitaindia.com | 90% | 27.4K | #1,223,937 | View details | |
gepil.in | gepil.in | 89% | – | #8,912,437 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Pashupati Group
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Pashupati Group
Complete news archive for Pashupati Group
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Pashupati Group
10 companies that operate in the same segment as Pashupati Group (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
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 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Pashupati Group
Pashupati Group was founded in 2008 and raised its 1st funding round 16 years after it was founded.
Pashupati Group is headquartered in Kashipur, India. It is registered at Kashipur, Uttarakhand, India.
Markandey Shukla is the current CEO of Pashupati Group.
Pashupati Group is a funded company, having raised a total of $35.95M across 1 funding round to date. The company's 1st funding round was a Series A of $35.95M, raised on Dec 2024.
Pashupati Group has 363 employees.
Annual revenue of Pashupati Group is $58.83M as on Mar 31, 2024.
Provider of waste plastic recycling and environmental services. It offers a range of recycled plastic products include post-consumer recycled resin, polyolefin pellets, recycled packaging bags and pyrolysis oil. It transform waste into wealth, fostering sustainable growth with a commitment to people and the planet.
Pashupati Group's top competitors include Ganesha Ecosphere, Green Worms and Polygenta.
Pashupati Group has 55 investors. Key investors include QRG Investments and Holdings, Emerge Capital Partners, A9 Finsight, Kama Holdings, and Universal Trustee.
Pashupati Group is associated with 4 legal entities: Pashupati Excrusion Private Limited, Salasar Technotex Private Limited, Pashupati Polytex Private Limited and others.
The legal entities of Pashupati Group currently have 11 directors, including Piyush Kumar Goenka, Bankey Bihari Goenka, Shreya Khandelwal and others.