When was EcoEx founded?

EcoEx was founded in 2020 and raised its 1st funding round 5 years after it was founded.

Where is EcoEx located?

EcoEx is headquartered in Delhi, India. It is registered at 5-C, 5th Floor Hansalaya Building, 15 Barakhamba Road, Central Delhi, New Delhi, Delhi, India, 110001.

Who is the current CEO of EcoEx?

Akshaya Rath of EcoEx. They have also founded 1 company.

Which legal entities is EcoEx associated with?

EcoEx is associated with KARMA ECOTECH LIMITED.

How many employees does EcoEx have?

As of Aug 31, 2025, EcoEx has 36 employees, reflecting a 20% year-over-year growth in headcount.

Is EcoEx a funded company?

EcoEx is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 06, 2025.

How much is EcoEx worth?

The latest valuation of EcoEx is $***** as of Sep 19, 2025.

When was the latest funding round of EcoEx?

EcoEx's latest funding was a $***** Seed round on Oct 06, 2025, with participation from 3 investors. Its primary sector is Solid Waste Management Tech. In India, the Solid Waste Management Tech sector has seen $179M in funding in 2026 to date.

What is the annual revenue of EcoEx?

Annual revenue of EcoEx is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does EcoEx rank among its competitors?

EcoEx ranks 3rd amongst 165 active competitors, of which 26 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was METYCLE, which secured $150M in Sep, 2026.

Who are the top competitors of EcoEx?

EcoEx's top competitors include Olio, Tagaddod and Circunomics. Among them, METYCLE secured the most recent funding round in September, 2026.

EcoEx - 2026 Company Profile, Team, Funding, Competitors & Financials

EcoEx is a seed company based in Delhi (India), founded in 2020 by Nimit Aggarwal and Akshaya Rath. It operates as a Cloud-based platform for exchange of plastic credit certificates. EcoEx has raised $4M in funding from investors like NavCap, Narnolia and Dovetail Capital, with a current valuation of $*****. The company has 165 active competitors, including 26 funded and 1 that has exited. Its top competitors include companies like Olio, Tagaddod and Circunomics.

Company Details

Cloud-based platform for exchange of plastic credit certificates. EcoEx is a tech-enabled environmental services company committed to transforming waste management by using innovative technology platforms for better traceability to improve sustainability. Our platform offers expertise in waste collection, waste commodity trading, and EPR services. Bulk waste generators and certified recyclers can do seamless transactions to achieve ethical disposal and compliance norms by using our technology tools such as EPR Pro, B2B E-marketplace and mobile apps. Our tech-driven compliance solutions can be used for plastic, e-waste, tyre, batteries, used-oil and other waste materials falling under EPR ambit. Additionally, it also offers expert consulting services for registration and annual return filing in CPCB Portal and ESG initiatives, BRSR reporting.

Website: ecoex.market
Social
Email ID: *****@ecoex.market
Phone Number: +91 **********
Registered Address: 5-C, 5th Floor Hansalaya Building, 15 Barakhamba Road, Central Delhi, New Delhi, Delhi, India, 110001

Key Metrics

Founded Year

2020

Location

Delhi, India

Stage

Seed

Total Funding

$4M in 1 round

Latest Funding Round

Seed, Oct 06, 2025, $*****

Post Money Valuation

$***** as on Sep 19, 2025

Investors

NavCap & 2 more

Ranked

3^rd among 165 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

36 as on Aug 31, 2025

Similar Companies

Olio & 27 more

View EcoEx's full profile

EcoEx is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KARMA ECOTECH LIMITED CIN: U74999DL2018PLC339735 , India, Active	Sep 28, 2018	₹50 - ₹100 Cr (As on Mar 31, 2025)	36 (As on Aug 01, 2025)

EcoEx has raised a total funding of $4M over 1 round. Its latest funding round was a Seed round on Oct 06, 2025 for $*****. 3 investors participated in its latest round. EcoEx has 3 institutional investors.

Here is the list of recent funding rounds of EcoEx:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 06, 2025	7734765	Seed	3640636	1966133	1163504	8893582

Access funding benchmarks and valuations. Sign up today!

View details of EcoEx's funding rounds and investors

The founders of EcoEx are Nimit Aggarwal and Akshaya Rath. Akshaya Rath is the CEO of EcoEx.

Here are the details of EcoEx's key team members:

Nimit Aggarwal: Co-Founder of EcoEx and founder of 1 other company.
Contact Info: 2 email addresses
Akshaya Rath: Co-founder & CEO of EcoEx.

View details of EcoEx's Founder profiles and Board Members

EcoEx's employee count trend

EcoEx has 36 employees as of Aug 25. The total employee count is 20.0% more than what it was in Aug 24. Here is EcoEx's employee count trend over the years:

Uncover EcoEx's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of EcoEx include Olio, Tagaddod and Circunomics. Here is the list of Top 10 competitors of EcoEx, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Olio 2015, London (United Kingdom), Series B	Application for waste trading	$51.2M	Mustard Seed, Quadia & 37 others	71/100
2nd	Tagaddod 2013, Cairo (Egypt), Series A	Provider of used cooking oil collection and recycling for biofuel industry	$27.5M	FMO, Taef & 7 others	63/100
3rd	EcoEx 2020, Delhi (India), Seed	Cloud-based platform for exchange of plastic credit certificates	$4M	Dovetail Capital, NavCap & 1 others	62/100
4th	Circunomics 2019, Mainz (Germany), Series A	Waste management services for electric vehicle batteries	$10.4M	GET, ORLEN & 11 others	59/100
5th	Metalbook 2021, Gurugram (India), Series A	B2B platform for metal sourcing, recycling, contract manufacturing, and financing	$24.3M	Foundamental, Skyler Enterprises & 17 others	58/100
6th	METYCLE 2022, Cologne (Germany), Series A	Online platform for international scrap metal trade	$21.4M	Dutch Founders Fund, Market One Capital & 11 others	55/100
7th	Metaloop 2022, Graz (Austria), Series A	Provider of digital platforms for buying and selling metal scrap	$17.1M	FirstMark, FJ Labs & 3 others	50/100
8th	Safi 2021, London (United Kingdom), Series A	Provider of AI solutions to trade recyclables	$19.5M	Nosara Capital, Interplay & 7 others	48/100
9th	ScrapAd 2018, Madrid (Spain), Series A	ScrapAd is a global marketplace for buying and selling recyclable materials.	$9.43M	indipartners, INCLIMO & 1 others	47/100
10th	Replenysh 2016, Sacramento (United States), Series A	Provides a marketplace for connecting brands and customers	$10M	Floodgate, Kindred Ventures & 5 others	41/100