When was Green Worms founded?

Green Worms was founded in 2014 and raised its 1st funding round 7 years after it was founded.

Where is Green Worms located?

Green Worms is headquartered in Kozhikode, India. It is registered at 140B, THE CREST BUILDING VARAKKAL ROAD, WESTHILL, Kozhikode, KOZHIKODE, Kerala, India, 673005.

Who is the current CEO of Green Worms?

Jabir Karat of Green Worms. They have also founded 1 company.

Which legal entities is Green Worms associated with?

Green Worms is associated with Green Worms Eco Solutions Llp and 1 other.

How many employees does Green Worms have?

As of Mar 31, 2026, Green Worms has 313 employees, reflecting a 6% year-over-year growth in headcount.

Is Green Worms a funded company?

Green Worms is a funded company, having raised a total of $1.04M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 29, 2021.

How much is Green Worms worth?

The latest valuation of Green Worms is ₹***** as of Oct 14, 2024.

When was the latest funding round of Green Worms?

Green Worms' latest funding was a $***** Seed round on May 07, 2024, with participation from 2 investors. Its primary sector is Waste & Water Management. In India, the Waste & Water Management sector has seen $11.2M in funding in 2026 to date.

What is the annual revenue of Green Worms?

Annual revenue of Green Worms is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Green Worms rank among its competitors?

Green Worms ranks 20th amongst 2187 active competitors, of which 164 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Fairmat, which secured $11.5M in Nov, 2025.

Who are the top competitors of Green Worms?

Green Worms' top competitors include Srichakra, Re Sustainability and Dalmia Polypro Industries. Among them, Fairmat secured the most recent funding round in November, 2025.

Green Worms - 2026 Company Profile, Team, Funding, Competitors & Financials

Green Worms is a seed company based in Kozhikode (India), founded in 2014 by Akshay Gunteti and Jabir Karat. It operates as a Provider of sustainable waste management solutions and recycled plastic materials. Green Worms has raised $1.04M in funding from investors like Acumen, Upaya Social Ventures and S3IDF, with a current valuation of ₹*****. The company has 2187 active competitors, including 164 funded and 374 that have exited. Its top competitors include companies like Srichakra, Re Sustainability and Dalmia Polypro Industries.

Company Details

Provider of sustainable waste management solutions and recycled plastic materials. This organization manages post-consumer waste streams by processing dry materials into industrial grade granules. It assists brands with regulatory compliance, traceability, and the development of circular value chains for textiles, footwear, and flexible plastics. The operations include the establishment of recovery facilities and the implementation of digital tracking systems to monitor the lifecycle of waste. By integrating social impact programs, the entity supports workforce welfare and provides livelihood opportunities within the recycling sector. These services enable businesses to meet environmental standards while reducing the volume of waste diverted to landfills. The approach focuses on technical recovery processes and the creation of secondary raw materials to support responsible production and consumption cycles.

Website: www.greenworms.org/
Social
Email ID: *****@greenworms.org
Phone Number: +91 **********
Registered Address: 140B, THE CREST BUILDING VARAKKAL ROAD, WESTHILL, Kozhikode, KOZHIKODE, Kerala, India, 673005

Key Metrics

Founded Year

2014

Location

Kozhikode, India

Stage

Seed

Total Funding

$1.04M in 2 rounds

Latest Funding Round

Seed, May 07, 2024, $*****

Post Money Valuation

₹***** as on Oct 14, 2024

Investors

Acumen & 3 more

Ranked

20^th among 2187 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

313 as on Mar 31, 2026

Similar Companies

Srichakra & 96 more

View Green Worms' full profile

Green Worms is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GREEN WORMS WASTE MANAGEMENT PRIVATE LIMITED CIN: U74999KL2018PTC053875 , India, Active	Jul 02, 2018	₹50 - ₹100 Cr (As on Mar 31, 2025)	306 (As on Mar 31, 2026)
Green Worms Eco Solutions Llp CIN: AAC-9120 , India, Active	Nov 13, 2014	₹10 - ₹50 Cr (As on Mar 31, 2025)	7 (As on Mar 31, 2026)

Green Worms has raised a total funding of $1.04M over 2 rounds. Its first funding round was on Sep 29, 2021. Its latest funding round was a Seed round on May 07, 2024 for $*****. 2 investors participated in its latest round. Green Worms has 4 institutional investors.

Here is the list of recent funding rounds of Green Worms:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 07, 2024	3859050	Seed	7791282	1451214	3853917	6279559
Sep 29, 2021	1453597	Seed	9188104	5628208	Upaya Social Ventures & 1 more	5877990

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View details of Green Worms's funding rounds and investors

The founders of Green Worms are Akshay Gunteti and Jabir Karat. Jabir Karat is the CEO of Green Worms.

Here are the details of Green Worms' key team members:

Akshay Gunteti: Co-Founder of Green Worms.
Jabir Karat: Co-Founder & CEO of Green Worms and founder of 1 other company.
Contact Info: 2 email addresses

View details of Green Worms's Founder profiles and Board Members

Green Worms' employee count trend

Green Worms has 313 employees as of Mar 26. The total employee count is 6.0% more than what it was in Mar 25. Here is Green Worms's employee count trend over the years:

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Top competitors of Green Worms include Srichakra, Re Sustainability and Dalmia Polypro Industries. Here is the list of Top 10 competitors of Green Worms, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Srichakra 2010, Hyderabad (India), Series A	Provider of plastic waste recycling, offering products, solutions, and equipment	$21.3M	Niveshaay, Circulate Capital & 61 others	67/100
2nd	Re Sustainability 1994, Hyderabad (India), Acquired	Provider of bio medical waste treatment services	$147M	Vistra ITCL, IIML & 10 others	65/100
3rd	Dalmia Polypro Industries 2006, Mumbai (India), Series A	Provider of recycled plastic flakes and granules from post-consumer waste. It sources waste from various points in the supply chain, including waste pickers and municipalities. The company processes this waste to produce high-quality recycled PET and polyolefin products for use in various industries, including fashion, consumer packaging, and material handling. It also assists companies in meeting their extended producer responsibility (EPR) obligations. The process aims to maximize the value of collected plastic waste and promote a circular economy.	$10.8M	Circulate Capital, Elcid Investments & 12 others	62/100
4th	Agilyx 2004, Beaverton (United States), Series D	Provider of plastic recycling services	$83.3M	Crossroads Liquidating Trust, Point Financial ... & 8 others	61/100
5th	Charter Next Generation 1998, Milton (United States), Acquired	Manufacturer of superior-quality coextruded, barrier, and monolayer films	-	Leonard Green and Partners, Oak Hill	59/100
6th	TerraCycle 2001, Trenton (United States), Series A	Provider of waste recycling services	$27.4M	Quadia, Nestle & 14 others	58/100
7th	Samsara Eco 2021, Queanbeyan (Australia), Series A	Developer of enzymatic technology for infinite plastic recycling	$106M	Main Sequence, Temasek & 14 others	58/100
8th	Fairmat 2020, Paris (France), Series B	Provider of fiber recycling services	$85.2M	CNP, Temasek & 10 others	57/100
9th	PureCycle 2015, Orlando (United States), Public	Provider of waste plastic recycling services	$99.3M	Closed Loop Partners, Samlyn Capital & 3 others	56/100
10th	Perma-Fix 1991, Atlanta (United States), Public	Provider of waste treatment services	-	Quabbin Capital, Europa	56/100
20th	Green Worms 2014, Kozhikode (India), Seed	Provider of sustainable waste management solutions and recycled plastic materials	$1.04M	Rainmatter, Acumen & 2 others	53/100

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Founders own 31.48%, Funds own 12.59%, Other People (largest shareholder) own 47.22% and ESOP Pool own 8.72%. The net worth of Green Worms's founders is INR 25.4Cr as of Oct 14, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	31.48%	25.4Cr	7086117	2355205	5525085	2418663
Jabir Karat	8194222	3407301	6522810	8354840	7096740	5809556
Fund	12.59%	10.1Cr	2348022	1140984	5788977	5291159
Acumen	7621345	3003870	9242565	7622964	6094009	4474561
Rainmatter	5	2	5	8	8	6
Upaya Social Ventures	5	4	4	2	2	6
S3IDF	5	7	5	6	4	3
Other People	47.22%	38.1Cr	3927958	5181326	3741410	5328036
ESOP Pool	8.72%	7.03Cr	5014510	2075601	1902018	4290771
Total	100.00%	80.6Cr	1755256	5466361	4236945	7352442