When was Pashupati Group founded?

Pashupati Group was founded in 1979 and raised its 1st funding round 45 years after it was founded.

Where is Pashupati Group located?

Pashupati Group is headquartered in Kashipur, India. It is registered at C/o, ALOK KUMAR AGRAWAL, R.S. ENTERPRISES, SHAHI MARKET PHASE II, CINEMA ROAD, Gorakhpur, GORAKHPUR, Uttar Pradesh, India, 273001.

Who is the current CEO of Pashupati Group?

S Sudhakara Rao and Markandey Shukla s of Pashupati Group.

Which legal entities is Pashupati Group associated with?

Pashupati Group is associated with PASHUPATI POLYTEX PRIVATE LIMITED and 6 others.

How many employees does Pashupati Group have?

As of Apr 30, 2026, the latest employee count at Pashupati Group is 753.

Is Pashupati Group a funded company?

Pashupati Group is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Dec 17, 2024.

How much is Pashupati Group worth?

The latest valuation of Pashupati Group is ₹***** as of Dec 17, 2024.

When was the latest funding round of Pashupati Group?

Pashupati Group's latest funding was a $***** Series A round on Dec 17, 2024, with participation from 41 investors.

What is the annual revenue of Pashupati Group?

Annual revenue of Pashupati Group is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Pashupati Group rank among its competitors?

Pashupati Group ranks 8th amongst 1894 active competitors, of which 128 are funded. It stands 6th 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 Pashupati Group?

Pashupati Group's top competitors include Covanta, Re Sustainability and TerraCycle. Among them, Fairmat secured the most recent funding round in November, 2025.

Pashupati Group - 2026 Company Profile, Team, Funding, Competitors & Financials

Pashupati Group is a series A company based in Kashipur (India), founded in 1979. It operates as a Provider of waste plastic recycling and environmental services. Pashupati Group has raised $36M in funding, with a current valuation of ₹*****. The company has 1894 active competitors, including 128 funded and 354 that have exited. Its top competitors include companies like Covanta, Re Sustainability and TerraCycle.

Company Details

Provider of waste plastic recycling and environmental services. It offers a range of recycled plastic products include post-consumer recycled resin, polyolefin pellets, recycled packaging bags and pyrolysis oil. It transform waste into wealth, fostering sustainable growth with a commitment to people and the planet. It specializes in reusing and recycling plastics, transforming into sustainable packaging solutions.

Website: pashupatigrp.com
Social
Email ID: *****@pashupatigrp.com
Phone Number: +91 **********
Registered Address: C/o, ALOK KUMAR AGRAWAL, R.S. ENTERPRISES, SHAHI MARKET PHASE II, CINEMA ROAD, Gorakhpur, GORAKHPUR, Uttar Pradesh, India, 273001

Key Metrics

Founded Year

1979

Location

Kashipur, India

Stage

Series A

Total Funding

$36M in 1 round

Latest Funding Round

Series A, Dec 17, 2024, $*****

Post Money Valuation

₹***** as on Dec 17, 2024

Investors

Emerge Capital Partners & 55 more

Ranked

8^th among 1894 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

753 as on Apr 30, 2026

Similar Companies

Agilyx & 577 more

View Pashupati Group's full profile

Pashupati Group is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
PASHUPATI LAMINATORS PRIVATE LIMITED CIN: U70102UP2007PTC105372 , India, Active	Sep 03, 2007	₹100 - ₹500 Cr (As on Mar 31, 2025)	144 (As on Apr 30, 2026)
SALASAR TECHNOTEX PRIVATE LIMITED CIN: U25209UP2020PTC133589 , India, Active	Aug 29, 2020	₹100 - ₹500 Cr (As on Mar 31, 2025)	121 (As on Apr 30, 2026)
SRM SPINNERS LIMITED CIN: U17290RJ2012PLC040425 , India, Active	Oct 17, 2012	₹50 - ₹100 Cr (As on Mar 31, 2025)	302 (As on Apr 01, 2026)
KUNDANA TECHNO TEX PRIVATE LIMITED CIN: U17299WB2017PTC223901 , India, Active	Dec 15, 2017	₹100 - ₹500 Cr (As on Mar 31, 2025)	81 (As on May 01, 2026)
PASHUPATI POLYTEX PRIVATE LIMITED CIN: U37100UP2009PTC105373 , India, Active	Jun 22, 2009	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	96 (As on May 01, 2026)
SAURABH CLEAN TECH PRIVATE LIMITED CIN: U90000HR2020PTC098288 , India, Active	Dec 05, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
PASHUPATI EXCRUSION PRIVATE LIMITED CIN: U24100UR2014PTC001125 , India, Active	Apr 21, 2014	₹50 - ₹100 Cr (As on Mar 31, 2025)	22 (As on Apr 30, 2026)

Pashupati Group has raised a total funding of $36M over 1 round. Its latest funding round was a Series A round on Dec 17, 2024 for $*****. 41 investors participated in its latest round. Pashupati Group has 18 institutional investors and 38 angel investors.

Here is the list of recent funding rounds of Pashupati Group:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2024	1150747	Series A	3317322	8347692	8942956	5721543

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View details of Pashupati Group's funding rounds and investors

Here are the details of Pashupati Group's key team members:

S Sudhakara Rao: Co-CEO of Pashupati Group.
Markandey Shukla: Co-CEO of Pashupati Group.

Pashupati Group's Board of Directors

Pashupati Group's board has 6 active members. Piyush Kumar Goenka, Bankey Bihari Goenka and Vishnu Prakash Goenka are part of team and Pallavi Goenka, Manisha Goenka and Shivam Jhunjhunwala are independent board members.

Here is the list of Pashupati Group's board of directors:

Name	Type	Representing	Status	Duration
Vishnu Prakash Goenka	Team	-	Current	2y 2m
odvtnxo	Team	-	Current	2y 2m
qyvzzdj	Team	-	Current	9y 1m
Pallavi Goenka	Independent board member	-	Current	1y 4m
zvagouk	Independent board member	-	Current	1y 8m
q{skxxr	Independent board member	-	Current	3y 4m

View details of Pashupati Group's Founder profiles and Board Members

Pashupati Group's employee count trend

Pashupati Group has 753 employees as of Apr 26. The total employee count is 2.0% more than what it was in Apr 25. Here is Pashupati Group's employee count trend over the years:

Employee count trend for Pashupati Group

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Top competitors of Pashupati Group include Covanta, Re Sustainability and TerraCycle. Here is the list of Top 10 competitors of Pashupati Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Covanta 1983, Morristown (United States), Acquired	Provider of waste recycling services	-	-	68/100
2nd	Re Sustainability 1994, Hyderabad (India), Acquired	Provider of bio medical waste treatment services	$147M	KKR, Vistra ITCL & 10 others	66/100
3rd	TerraCycle 2001, Trenton (United States), Series A	Provider of waste recycling services	$27.4M	Quadia, Nestle & 14 others	62/100
4th	Agilyx 2004, Beaverton (United States), Series D	Provider of plastic recycling services	$83.2M	Crossroads Liquidating Trust, TriplePoint Capital ... & 8 others	62/100
5th	Vertex Energy 2001, Houston (United States), Public	Provider of waste recycling services in oil industry	$4.49M	Centrecourt Asset Management, Cagan McAfee Capital Partners ... & 1 others	60/100
6th	Charter Next Generation 1998, Milton (United States), Acquired	Manufacturer of superior-quality coextruded, barrier, and monolayer films	-	Leonard Green and Partners, Oak Hill	60/100
7th	MBA Polymers 1992, San Francisco (United States), Acquired	Provider of recycle plastic services	$153M	DH Private Equity Partners, Ambienta & 14 others	57/100
8th	Pashupati Group 1979, Kashipur (India), Series A	Provider of waste plastic recycling and environmental services	$36M	Emerge Capital Partners, Lucky Investment Managers ... & 54 others	56/100
9th	Fairmat 2020, Paris (France), Series B	Provider of fiber recycling services	$85.2M	Slate, Temasek & 10 others	57/100
10th	PureCycle 2015, Orlando (United States), Public	Provider of waste plastic recycling services	$99.3M	Closed Loop Partners, Samlyn Capital & 3 others	56/100

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Founders own 1.42%, Funds own 11.74%, Enterprises (largest shareholder) own 72.74% and Angels own 12.22%. The net worth of Pashupati Group's founders is INR 15Cr as of Dec 17, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	1.42%	15Cr	2	8	1	4
Fund	11.74%	124Cr	1584071	8806476	3648555	6863696
QRG Investments and Holdings	4703850	4356191	7341453	4811967	1762955	5670238
Emerge Capital Partners	5	7	4	4	2	4
Enterprise	72.74%	768Cr	7097260	5459842	9714268	9395405
Angel	12.22%	129Cr	3430385	9434289	3072865	6046325
Other People	1.88%	19.8Cr	3	2	2	7
Total	100.00%	1,060Cr	6974518	9946258	9621191	3360592