Pegasus Waste Management

Gurugram, India Founded: 2020 • Age: 6 yrs Minicorn
Provider of e-waste and plastic recycling services

About Pegasus Waste Management

Pegasus Waste Management is an Environment company based in Gurugram (India) founded in 2020 by Praveen Bhargava. Pegasus Waste Management has raised $934.82 thousand across 2 funding rounds from investors including Esg Waste Solutions. The company has 36 employees. Pegasus Waste Management was last valued at $1.94 million in May 2022. Its chief executive, as recorded, is Ravi Kumar Neeladri. Its Indian entity Blue Planet E-Waste Solutions Private Limited reported revenue of β‚Ή24.40 Cr. Pegasus Waste Management offers products and services including Recycling Solutions, Advisory Services, Corporate Services, and Collection Services. Its focus areas include Waste & Water Management, Waste Management, Treatment and Recycling.

Company details

Provider of e-waste and plastic recycling services. It is an integrated waste management company focusing on enabling the environmental value-chain. The company contributes towards environmental sustainability and pollution control through its services.

  • Headquarters Gurugram, India
  • Employees 36
  • Founders Praveen Bhargava
  • Stage Minicorn
  • Sectors
    Environment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website thepegasus.co.in
  • Social LinkedIn X
  • Legal Name Pegasus Waste Management Private Limited
  • Date of Incorporation 20 Dec, 2019
  • Jurisdiction Bhorakalan, Haryana, India
Key Metrics
  • Annual Revenue
    ₹24.40 Cr

    FY 2024 · -46% YoY

  • Net Loss
    -₹7.86 Cr

    FY 2024 · -32% margin

  • EBITDA
    -₹6.39 Cr

    FY 2024 · -26% margin

  • Total Equity Funding
    $934.82K (USD)

    in 2 rounds

  • Latest Funding Round
    $451.14K (USD), Seed

    May 2022

  • Investors
  • Employee Count
    36

Products & Services of Pegasus Waste Management

Pegasus Waste Management offers a comprehensive portfolio of products and services, including Recycling Solutions, Advisory Services, Corporate Services, and Collection Services.

Recycling Solutions
Waste Management

Handles e-waste collection and processing for sustainable recovery

Advisory Services
Consulting

Provides compliance guidance on e-waste regulations

Corporate Services
Disposal Solutions

Offers end-to-end e-waste management for businesses

Collection Services
Logistics

Facilitates secure e-waste pickup and transport

Funding Insights of Pegasus Waste Management

Pegasus Waste Management has successfully raised a total of $934.82K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $451.14 thousand completed in May 2022. 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 $934,818
  • Total Rounds 2
  • Last Round Seed β€” $451,136
  • First Round $483,682

    (Jul 2021)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2022$451,136Seed$1.94MEsg Waste Solutions
–
Jul 2021$483,682Seed$941,386–
–
Valuation history
DateValuationStage
May 2022$1.94Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.94M (May 2022). 1 investors in total: 1 institutional.

Investors in Pegasus Waste Management

Pegasus Waste Management has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Esg Waste Solutions.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Delivers comprehensive waste management solutions for sustainable practices.
2021esgwastesolutions.comMumbai, India
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Investor details for Pegasus Waste Management

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Blue Planet E-Waste Solutions Private Limited (Pegasus Waste Management)

Blue Planet E-Waste Solutions Private Limited is the primary company behind Pegasus Waste Management. The board of Blue Planet E-Waste Solutions Private Limited currently have 7 directors; the longest-serving is Praveen Bhargava, appointed in 2019. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Praveen Bhargava
DIN 01225769
Director20 Dec 20196 yrs 10 moBlue Planet E-Waste Solutions Private Limited
Anuja Narang
DIN 09256548
Director07 Jul 20215 yrs 3 moBlue Planet E-Waste Solutions Private Limited
Ravi Kumar Neeladri
DIN 01996983
CEO23 Apr 20242 yrs 6 moBlue Planet E-Waste Solutions Private Limited
Gaurav Gupta
DIN 09360634
Director06 Jan 20251 yr 9 moBlue Planet E-Waste Solutions Private Limited
Prashant Singh
DIN 07939497
Director30 Jan 20251 yr 9 moBlue Planet E-Waste Solutions Private Limited
Atul Kumar Chugh
DIN 09444608
Director30 Jan 20251 yr 9 moBlue Planet E-Waste Solutions Private Limited
Rahul Dubey
DIN 01730483
Nominee Director14 Apr 20251 yr 6 moBlue Planet E-Waste Solutions Private Limited

People of Pegasus Waste Management

2 people are tracked at Pegasus Waste Management (2 in leadership); the tracked headcount is 36.

NameRoleGroup
Founder & DirectorLeadership
CEOLeadership
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Complete people profiles for Pegasus Waste Management

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  • Full employee list
  • Team structure
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  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Pegasus Waste Management

Figures of Blue Planet E-Waste Solutions Private Limited, the primary company behind Pegasus Waste Management, for FY 2024. Revenue was ₹24.40 Cr (-46% year on year). Net loss was -₹7.86 Cr (-32% margin). EBITDA was -₹6.39 Cr (-26% margin). Revenue has grown at a compounded annual rate of +1117% over three years.

  • ₹24.40 CrRevenue · FY 2024 · -46% YoY
  • -₹7.86 CrNet loss · -32% margin
  • -₹6.39 CrEBITDA · -26% margin
  • ₹16.31 CrPaid-up capital
  • 36Employees (provident fund records)
  • +1117%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Blue Planet E-Waste Solutions Private Limited are on its company page.

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Detailed financial statements for Pegasus Waste Management

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 Pegasus Waste Management

4 dated milestones of Pegasus Waste Management across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pegasus Waste Management is founded.
  2. Funding First funding round of $484K.
  3. Funding Latest funding round, Seed, of $451K.
  4. Milestone Reaches Minicorn status.

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as Pegasus Waste Management (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 Pegasus Waste Management

Pegasus Waste Management was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Pegasus Waste Management is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Ravi Kumar Neeladri is the CEO of Pegasus Waste Management, as recorded in our data.

Pegasus Waste Management is a funded company, having raised a total of $934.82K across 2 funding rounds to date. The company's 1st funding round was a Seed of $483.68K, raised on Jul 2021.

Pegasus Waste Management has 36 employees.

The primary company behind Pegasus Waste Management, Blue Planet E-Waste Solutions Private Limited, reported revenue of β‚Ή24.40 Cr for FY 2024, down 46% year on year.

Provider of e-waste and plastic recycling services. It is an integrated waste management company focusing on enabling the environmental value-chain. The company contributes towards environmental sustainability and pollution control through its services.

Pegasus Waste Management offers Recycling Solutions, Advisory Services, Corporate Services, and Collection Services.

Pegasus Waste Management has 1 investor. Key investors include Esg Waste Solutions.

The valuation of Pegasus Waste Management is $1.94M as of May 2022.

Pegasus Waste Management operates through Blue Planet E-Waste Solutions Private Limited.

The legal entities of Pegasus Waste Management currently have 7 directors, including Prashant Singh, Ravi Kumar Neeladri, Praveen Bhargava and others.

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