ReNew IT

Bengaluru, India Founded: 2009 • Age: 17 yrs
Recycling services for IT assets are provided in India.

About ReNew IT

ReNew IT is an Environment company based in Bengaluru (India) founded in 2009. Recycling services for IT assets are provided in India. Its website renewit.in draws about 32 thousand monthly visits. Its Indian entity Sriram Eco-Raksha Computer Services Private Limited reported revenue of ₹8.01 Cr. ReNew IT offers products and services including Refurbished Desktops and Refurbished Laptops. Its focus areas include Waste & Water Management, Waste Management, Treatment and Recycling. Its competitors include Eco Recycling and Namo eWaste Mangement.

Company details

ReNew IT was established in 2009 and is headquartered in Bengaluru, India. Operations focus on the recycling sector, where electronic waste management and IT asset disposal services are handled. Sustainable practices are implemented to process discarded technology components, ensuring compliance with environmental regulations. The company serves clients across India through its domain renewit.in, supporting corporate and individual recycling needs.

Key Metrics
  • Annual Revenue
    ₹8.01 Cr

    FY 2025 · -16% YoY

  • Net Profit
    ₹21.4 Lakh

    FY 2025 · 3% margin

  • EBITDA
    ₹54.5 Lakh

    FY 2025 · 7% margin

  • Investors

Products & Services of ReNew IT

ReNew IT offers a comprehensive portfolio of products and services, including Refurbished Desktops and Refurbished Laptops.

Refurbished Desktops
Computer Hardware

Affordable, tested desktops with genuine Windows and warranties.

Refurbished Laptops
Computer Hardware

High-performing laptops at low prices with quality assurance.

Apps and channels of ReNew IT

its YouTube channel RenewIT -Affordable Computers has 320 subscribers and 4 videos.

RenewIT -Affordable Computers
YouTube 320 subscribers 4 videos Science & Technology
Open channel

Videos from ReNew IT

The most watched videos on ReNew IT's YouTube channel, RenewIT -Affordable Computers (320 subscribers). Click a video to play it here.

India’s 1st MAR providing high quality IT Infrastructure.
56.2K views
Buy Lenovo t470p from RenewIT
10K views
Computers in Schools by ReNew IT
75 views
First Encounter with Computers
41 views

More on RenewIT -Affordable Computers .

Funding Insights of ReNew IT

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of ReNew IT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2014Seed––
Valuation history

1 investors in total: 1 institutional.

Investors in ReNew IT

ReNew IT has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Villgro.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors.
2001villgro.orgChennai, India
Premium access

Investor details for ReNew IT

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 Sriram Eco-Raksha Computer Services Private Limited (ReNew IT)

Sriram Eco-Raksha Computer Services Private Limited is the primary company behind ReNew IT. The board of Sriram Eco-Raksha Computer Services Private Limited currently have 4 directors; the longest-serving is Mukund Srinivas Boggaram, appointed in 2009. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Mukund Srinivas Boggaram
DIN 02649125
Director02 Jun 200917 yrs 5 moSriram Eco-Raksha Computer Services Private Limited
Amarnath Boggaram Sreeramaiah
DIN 02649132
Director02 Jun 200917 yrs 5 moSriram Eco-Raksha Computer Services Private Limited
Shravankumar Srinivas Boggaram
DIN 02898019
Alternate Director01 Feb 201016 yrs 9 moSriram Eco-Raksha Computer Services Private Limited
Raghav Kanthraj Boggaram
DIN 05238729
Additional Director01 Sep 20179 yrs 2 moSriram Eco-Raksha Computer Services Private Limited

Financials of ReNew IT

Figures of Sriram Eco-Raksha Computer Services Private Limited, the primary company behind ReNew IT, for FY 2025. Revenue was ₹8.01 Cr (-16% year on year). Net profit was ₹21.4 Lakh (3% margin). EBITDA was ₹54.5 Lakh (7% margin). Revenue has grown at a compounded annual rate of -4% over three years and +6% over five years.

  • ₹8.01 CrRevenue · FY 2025 · -16% YoY
  • ₹21.4 LakhNet profit · 3% margin
  • ₹54.5 LakhEBITDA · 7% margin
  • ₹60 LakhPaid-up capital
  • -4%Revenue CAGR, 3 years
  • +6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sriram Eco-Raksha Computer Services Private Limited are on its company page.

Premium access

Detailed financial statements for ReNew IT

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 ReNew IT

2 dated milestones of ReNew IT across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded ReNew IT is founded.
  2. Funding First funding round.

Competitors of ReNew IT

ReNew IT has 2 listed competitors in our database. They include Eco Recycling and Namo eWaste Mangement.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ecoreco.com1994Mumbai, India63
E-waste recycling and reverse logistics services are provided.
namoewaste.com2014Faridabad, India38
Electronic waste recycling services are provided comprehensively.
Premium access

Detailed competitors of ReNew IT

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 ReNew IT

The website of ReNew IT (renewit.in) receives about 31.6K visits a month.

  • Monthly visits
    31.6K

    ▼ 69.3% vs previous month

Similar websites

Websites whose visitors overlap most with ReNew IT. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gorefurbo.com
100%
#3,859,587View details
retechie.com
88%
58.1K#494,553View details
shop.bharathisystems.com
shop.bharathisystems.com
69%
#328,920–
nehruplaceitmarket.com
66%
#2,901,255View details
hilaptop.com
hilaptop.com
66%
#1,198,801–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 31 similar websites and full traffic analytics for ReNew IT

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 31 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as ReNew IT (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
Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    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

Related news about Renew It

Incubatee spotlight: ReNew IT | Villgro
Villgro • 11 years ago
Premium access

Complete news archive for ReNew IT

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.

Frequently Asked Questions about ReNew IT

ReNew IT was founded in 2009 and raised its 1st funding round 5 years after it was founded.

ReNew IT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

The primary company behind ReNew IT, Sriram Eco-Raksha Computer Services Private Limited, reported revenue of ₹8.01 Cr for FY 2025, down 16% year on year.

ReNew IT was established in 2009 and is headquartered in Bengaluru, India. Operations focus on the recycling sector, where electronic waste management and IT asset disposal services are handled. Sustainable practices are implemented to process discarded technology components, ensuring compliance with environmental regulations. The company serves clients across India through its domain renewit.in, supporting corporate and individual recycling needs.

ReNew IT's top competitors include Eco Recycling and Namo eWaste Mangement.

ReNew IT offers Refurbished Desktops and Refurbished Laptops.

ReNew IT has 1 investor. Key investors include Villgro.

ReNew IT operates through Sriram Eco-Raksha Computer Services Private Limited.

The legal entities of ReNew IT currently have 4 directors, including Raghav Kanthraj Boggaram, Mukund Srinivas Boggaram, Shravankumar Srinivas Boggaram and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available