About Trashin
Trashin is an Environment company based in Bengaluru (India) founded in 2016 by Vivek Shettar, Nakul Chandrashekar, and Chandrashekar Bhat M. Recyclables are traded through an app-based online marketplace. Trashin has raised $339.21 thousand across 2 funding rounds from investors including Ai Computing, Aditi Agarwal and Kailash Agarwal. The company has 1 employees. Trashin was last valued at $3.33 million in April 2022. Its chief executive, as recorded, is Chandrashekar Bhat M. Its Indian entity Trashin Recycling Private Limited reported revenue of ₹3.49 Cr. Its focus areas include Environment Tech, Solid Waste Management Tech, Collection and Marketplaces. Its competitors include Citizengage, ViaGreen and Mbrass; 1 of its 3 listed competitors has raised funding.
Company details
Trashin was established in 2016 in Bengaluru, India, within the waste management sector. An online platform is provided for buying and selling recyclables, enabling users to schedule waste pickups by entering locations and details. Features such as listings, bidding, and payment processing are supported via mobile apps for Android and iOS. Operations focus on facilitating waste collection and recycling transactions.
- Headquarters Bengaluru, India
- Employees 1
- Founders Vivek Shettar, Nakul Chandrashekar, Chandrashekar Bhat M
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Website trashin.com
- Social LinkedIn X Facebook
- Legal Name Trashin Recycling Private Limited
- Date of Incorporation 20 Sep, 2016
- Jurisdiction Mangalore, Karnataka, India
- Annual Revenue₹3.49 Cr
FY 2023 · +72% YoY
- Net Loss-₹1.06 Cr
FY 2023 · -30% margin
- EBITDA-₹1.08 Cr
FY 2023 · -31% margin
- Total Equity Funding$339.21K (USD)
in 2 rounds
- Latest Funding Round$236.51K (USD), Seed
Apr 2022
- InvestorsSocial Alpha
& 5 more
- Employee Count1
Associated legal entities of Trashin
Trashin operates through Trashin Recycling Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trashin Recycling Private Limited CIN U74999KA2016PTC096596 | Active | 20 Sep 2016 | Mangalore, Karnataka | ₹3.5 Cr | 1 | 3 | View details |
Funding Insights of Trashin
Trashin has successfully raised a total of $339.21K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $236.51 thousand completed in April 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 $339,208
- Total Rounds 2
- Last Round Seed — $236,507
- First Round $102,701
(Sep 2021)
- Investors Count 6
All 2 funding rounds of Trashin 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 |
|---|---|---|---|---|---|
| Apr 2022 | $236,507 | Seed | $3.33M | Aditi Agarwal | |
| Sep 2021 | $102,701 | Seed | $1.13M | Social Alpha | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $3.33M | •••••••• |
| Sep 2021 | $1.13M | •••••••• |
Last known valuation $3.33M (Apr 2022). 6 investors in total: 2 institutional and 4 angel.
Investors in Trashin
Trashin has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Ai Computing, Aditi Agarwal and Kailash Agarwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable startups are supported via innovation curation and venture funding. | socialalpha.org | Bengaluru, India | ||
Platform offering cloud graphic workload solution | Ilford, United Kingdom | |||
AA Aditi Agarwal | Angel investor, co-founder of Red Polka, focused on consumer startups | unknown_3b8f8efe02d347d3a | ||
KA Kailash Agarwal | unknown_7e7972b2ab8c4523b | |||
DM Deepak Menon | unknown_0418d9c7648a4d09a | |||
SS Shrinivas Samant | unknown_7f116a17478a4acc8 |
Investor details for Trashin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Trashin Recycling Private Limited (Trashin)
Trashin Recycling Private Limited is the primary company behind Trashin. The board of Trashin Recycling Private Limited currently have 3 directors; the longest-serving is Chandrashekar Manjeshwar Bhat, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chandrashekar Manjeshwar Bhat DIN 07596400 | Director | 20 Sep 2016 | 10 yrs 1 mo | Trashin Recycling Private Limited |
| Pradeep Gangaiah DIN 03016891 | Director | 20 Sep 2016 | 10 yrs 1 mo | Trashin Recycling Private Limited |
| Aditi Agarwal DIN 09530647 | Additional Director | 01 Jul 2022 | 4 yrs 4 mo | Trashin Recycling Private Limited |
People of Trashin
3 people are tracked at Trashin (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Vivek Shettar | Co-Founder | Leadership |
Nakul Chandrashekar | Co-Founder | Leadership |
Chandrashekar Bhat M | Co-Founder & CEO | Leadership |
Complete people profiles for Trashin
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Financials of Trashin
Figures of Trashin Recycling Private Limited, the primary company behind Trashin, for FY 2023. Revenue was ₹3.49 Cr (+72% year on year). Net loss was -₹1.06 Cr (-30% margin). EBITDA was -₹1.08 Cr (-31% margin). Revenue has grown at a compounded annual rate of +24% over three years and +57% over five years.
- ₹3.49 CrRevenue · FY 2023 · +72% YoY
- -₹1.06 CrNet loss · -30% margin
- -₹1.08 CrEBITDA · -31% margin
- ₹97.1 LakhPaid-up capital
- 1Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +57%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Trashin Recycling Private Limited are on its company page.
Detailed financial statements for Trashin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Trashin
4 dated milestones of Trashin across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Trashin is founded.
- Funding First funding round of $103K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $237K.
Competitors of Trashin
Trashin has 3 listed competitors in our database, 1 of them funded. They include Citizengage, ViaGreen and Mbrass.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| citizengage.co | 2015 | Bengaluru, India | $313,822 | IoT-based platform for tracking and managing waste activities is offered. | ||
| viagreen.co.in | 2016 | Andheri, India | 47 | Provides an online platform for waste removal services. | ||
| mbrass.in | 2020 | Kota, India | Operates a platform facilitating the buying and selling of scrap materials for businesses. |
Detailed competitors of Trashin
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Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Trashin (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Trashin
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Frequently Asked Questions about Trashin
Trashin was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Trashin is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Chandrashekar Bhat M is the CEO of Trashin, as recorded in our data. They have also founded this company.
Trashin is a funded company, having raised a total of $339.21K across 2 funding rounds to date. The company's 1st funding round was a Seed of $102.7K, raised on Sep 2021.
Trashin has 1 employees.
The primary company behind Trashin, Trashin Recycling Private Limited, reported revenue of ₹3.49 Cr for FY 2023, up 72% year on year.
Trashin was established in 2016 in Bengaluru, India, within the waste management sector. An online platform is provided for buying and selling recyclables, enabling users to schedule waste pickups by entering locations and details. Features such as listings, bidding, and payment processing are supported via mobile apps for Android and iOS. Operations focus on facilitating waste collection and recycling transactions.
Trashin's top competitors include Citizengage, ViaGreen and Mbrass.
Trashin has 6 investors. Key investors include Ai Computing, Aditi Agarwal, Kailash Agarwal, Deepak Menon, and Shrinivas Samant.
The valuation of Trashin is $3.33M as of Apr 2022.
Trashin operates through Trashin Recycling Private Limited.
The legal entities of Trashin currently have 3 directors, including Chandrashekar Manjeshwar Bhat, Pradeep Gangaiah, Aditi Agarwal.