About ScrapUncle
ScrapUncle is a company based in Delhi (India) founded in 2016 by Mukul Chhabra.. ScrapUncle has raised $4.62 million across 7 funding rounds from investors including Bestvantage Investments, Bharat Jaisinghani and Pawan Bhatia Wealth Management. ScrapUncle operates in a competitive market with competitors including ECOWRAP, Encashea, We-Convert, Recycle Rewards and Swachhcoin, among others.
- Headquarter Delhi, India
- Founders Mukul Chhabra
- Stage Minicorn
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Sectors
Environment
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Phone
*********
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Website
*********
- Legal Name Swapeco Solutions Private Limited
- Date of Incorporation 13 Feb, 2019
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$387.24 K (USD)133.49as on Mar 31, 2023
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Net Profit
$-5.99 K (USD)-637as on Mar 31, 2023
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EBITDA
$-22.68 K (USD)-1034.66as on Mar 31, 2023
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Total Equity Funding
$4.62 M (USD)
in 7 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Jan 28, 2026
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Investors
Bestvantage Investments
& 21 more
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Employee Count
Employee Count
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Funding Insights of ScrapUncle
ScrapUncle has successfully raised a total of $4.62M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in January 2026. 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 Total Funding
- Total Rounds 7
- Last Round Seed — $2.4M
- First Round First Round
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Seed - ScrapUncle | Valuation | Orios Venture Partners | |
| Jul, 2025 | Amount | Series A - ScrapUncle | Valuation |
investors |
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| Aug, 2024 | Amount | Angel Round - ScrapUncle | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ScrapUncle
ScrapUncle has secured backing from 22 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Bestvantage Investments, Bharat Jaisinghani and Pawan Bhatia Wealth Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sector-agnostic incubation services are offered to startups in diverse fields.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ScrapUncle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ScrapUncle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scrapuncle Comparisons
Competitors of ScrapUncle
ScrapUncle 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 ECOWRAP, Encashea, We-Convert, Recycle Rewards and Swachhcoin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scrapuncle
Frequently Asked Questions about ScrapUncle
When was ScrapUncle founded?
ScrapUncle was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is ScrapUncle located?
ScrapUncle is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is ScrapUncle a funded company?
ScrapUncle is a funded company, having raised a total of $4.62M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $77.42K, raised on Feb 18, 2022.
What is the annual revenue of ScrapUncle?
Annual revenue of ScrapUncle is $387.24K as on Mar 31, 2023.
What does ScrapUncle do?
ScrapUncle, founded in 2016 in Delhi, India, focuses on environment tech, solid waste management tech, collection, tech-enabled collectors, and rewards-based. ScrapUncle - Recycling Made Easy. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of ScrapUncle?
ScrapUncle's top competitors include ECOWRAP, Encashea and Recycle Rewards.
Who are ScrapUncle's investors?
ScrapUncle has 22 investors. Key investors include Bestvantage Investments, Bharat Jaisinghani, Pawan Bhatia Wealth Management, Girnar Growth Ventures, and Bharat Jaisinghani.
What is ScrapUncle's valuation?
The valuation of ScrapUncle is $2.98M as of Aug 2023.