About RecommerceX
RecommerceX is an Environment company based in Noida (India) founded in 2024 by Ajay Gupta, Mohit Gulyani, and Shobhit Goel. RecommerceX has raised $9.6 million across 2 funding rounds from investors including Accel, Kae Capital and Tarun Mittal. The company has 1 employees. RecommerceX was last valued at $13.93 million in August 2024. Its chief executive is Shobhit Goel. Its Indian entity Recommercex Private Limited reported revenue of ₹46.47 Cr. RecommerceX offers products and services including B2B Platform. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Upcycling. Its competitors include Saahas Zero Waste, Nepra, Peppermint Robotics, Let's Recycle and Organic Recycling Systems and 2 more; 5 of its 7 listed competitors have raised funding.
Company details
Manufacturer of recycled steel and plastic products from industrial waste. It transforms industrial waste into high-quality stainless and alloy steel, as well as recycled plastic solutions. The manufacturing process utilizes sustainable practices and incorporates energy-efficient and waste-reduction techniques. Products include steel billets, ingots, bars, rods, and various alloy steel shapes. Recycled plastic products are derived from materials such as PET bottles and HDPE containers. The company focuses on sustainable manufacturing, reducing environmental impact, and conserving natural resources.
- Headquarters Noida, India
- Employees 1
- Founders Ajay Gupta, Mohit Gulyani, Shobhit Goel
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website recommercex.com
- Social LinkedIn
- Legal Name Recommercex Private Limited
- Date of Incorporation 08 Feb, 2024
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹46.47 Cr
FY 2025
- Net Loss-₹45.1 Lakh
FY 2025 · -1% margin
- EBITDA-₹48.2 Lakh
FY 2025 · -1% margin
- Total Equity Funding$9.6M (USD)
in 2 rounds
- Latest Funding Round$6M (USD), Series A
Nov 2025
- InvestorsAccel
& 7 more
- Employee Count1
Associated legal entities of RecommerceX
RecommerceX operates through Recommercex 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 |
|---|---|---|---|---|---|---|---|
| Recommercex Private Limited CIN U46699DL2024PTC426391 | Active | 08 Feb 2024 | New Delhi, Delhi | ₹46.5 Cr | 27 | 3 | View details |
Products & Services of RecommerceX
RecommerceX offers a comprehensive portfolio of products and services, including B2B Platform.
Facilitates business-to-business transactions for supply chain operations.
Funding Insights of RecommerceX
RecommerceX has successfully raised a total of $9.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in November 2025. 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 $9.6M
- Total Rounds 2
- Last Round Series A — $6M
- First Round $3.6M
(Aug 2024)
- Investors Count 8
All 2 funding rounds of RecommerceX 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 |
|---|---|---|---|---|---|
| Nov 2025 | $6M | Series A | – | Accel, Kae Capital | – |
| Aug 2024 | $3.6M | Seed | $13.93M | Accel, Kae Capital |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2024 | $13.93M | •••••••• |
Last known valuation $13.93M (Aug 2024). 8 investors in total: 2 institutional and 6 angel.
Investors in RecommerceX
RecommerceX has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, Kae Capital and Tarun Mittal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Early-stage investing in tech startups in India. | 2011 | kae-capital.com | Mumbai, India | |
TM Tarun Mittal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | – | unknown_0e53895fd5614cad8 | - |
AD Ashish Dhurvendra Goel | - | – | unknown_ea931d885ad14bfaa | - |
KP Ketaki Pande Gupta | - | – | unknown_eb4df02c5d7d4c888 | - |
SB Sadhana Bansal | - | – | unknown_22493656983b4c769 | - |
VS Vineet Sudhesh Gupta | - | – | unknown_00dcb7530bb54a088 | - |
MG Mayank Gupta | - | – | unknown_76fef6e5aa624a5eb | - |
Investor details for RecommerceX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Recommercex Private Limited (RecommerceX)
Recommercex Private Limited is the primary company behind RecommerceX. The board of Recommercex Private Limited currently have 3 directors; the longest-serving is Mohit Gulyani, appointed in 2024. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohit Gulyani DIN 10498911 | Director | 08 Feb 2024 | 2 yrs 8 mo | Recommercex Private Limited |
| Ajay Gupta DIN 10498912 | Director | 08 Feb 2024 | 2 yrs 8 mo | Recommercex Private Limited |
| Shobhit Goel DIN 05221054 | Director | 08 Feb 2024 | 2 yrs 8 mo | Recommercex Private Limited |
People of RecommerceX
3 people are tracked at RecommerceX (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CBO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for RecommerceX
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 RecommerceX
Figures of Recommercex Private Limited, the primary company behind RecommerceX, for FY 2025. Revenue was ₹46.47 Cr. Net loss was -₹45.1 Lakh (-1% margin). EBITDA was -₹48.2 Lakh (-1% margin).
- ₹46.47 CrRevenue · FY 2025
- -₹45.1 LakhNet loss · -1% margin
- -₹48.2 LakhEBITDA · -1% margin
- ₹1.6 LakhPaid-up capital
- 27Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Recommercex Private Limited are on its company page.
Detailed financial statements for RecommerceX
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of RecommerceX
4 dated milestones of RecommerceX across 1 years, from founding to its latest funding, stage changes and deals.
- Founded RecommerceX is founded.
- Funding First funding round of $3.6M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $6.0M.
Competitors of RecommerceX
RecommerceX has 7 listed competitors in our database, 5 of them funded. They include Saahas Zero Waste, Nepra, Peppermint Robotics, Let's Recycle and Organic Recycling Systems, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| saahaszerowaste.com | 2013 | Bengaluru, India | $865,470 | 436 | Developer of solutions for waste management | |
| nepra.co.in | 2006 | Ahmedabad, India | $39.33M | 263 | Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste | |
| peppermintrobotics.com | 2019 | Pune, India | $7.31M | 95 | Intelligent robots are provided for commercial and industrial automation tasks. | |
| letsrecycle.in | 2012 | Ahmedabad, India | $38.62M | 262 | Dry waste is collected, segregated, and sent to authorized recyclers. | |
| organicrecycling.co.in | 2008 | Navi Mumbai, India | – | 46 | Provider of waste management solutions | |
| cerclex.com | 2020 | Coimbatore, India | $911,723 | 27 | Software solutions for industrial waste management are provided. | |
| 0waste.co.in | 2020 | Gurugram, India | – | – | Integrated waste management and recycling solutions are provided. |
Detailed competitors of RecommerceX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Waste & Water Management Systems
10 companies that operate in the same segment as RecommerceX (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 |
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Related news about Recommercex
Complete news archive for RecommerceX
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Frequently Asked Questions about RecommerceX
RecommerceX was founded in 2024.
RecommerceX is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Shobhit Goel is the current CEO of RecommerceX. They have also founded this company.
RecommerceX is a funded company, having raised a total of $9.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.6M, raised on Aug 2024.
RecommerceX has 1 employees.
The primary company behind RecommerceX, Recommercex Private Limited, reported revenue of ₹46.47 Cr for FY 2025.
Manufacturer of recycled steel and plastic products from industrial waste. It transforms industrial waste into high-quality stainless and alloy steel, as well as recycled plastic solutions. The manufacturing process utilizes sustainable practices and incorporates energy-efficient and waste-reduction techniques. Products include steel billets, ingots, bars, rods, and various alloy steel shapes. Recycled plastic products are derived from materials such as PET bottles and HDPE containers. The company focuses on sustainable manufacturing, reducing environmental impact, and conserving natural resources.
RecommerceX's top competitors include Peppermint Robotics, Nepra and Saahas Zero Waste.
RecommerceX offers B2B Platform.
RecommerceX has 8 investors. Key investors include Accel, Kae Capital, Tarun Mittal, Ashish Dhurvendra Goel, and Ketaki Pande Gupta.
The valuation of RecommerceX is $13.93M as of Aug 2024.
RecommerceX operates through Recommercex Private Limited.