When was RecommerceX founded?

RecommerceX was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is RecommerceX located?

RecommerceX is headquartered in Noida, India. It is registered at EB-108, 1ST FLOOR, DDA DUPLEX MAYA ENCLAVE, Hari Nagar (West Delhi), West Delhi, New Delhi, Delhi, India, 110064.

Who is the current CEO of RecommerceX?

Shobhit Goel of RecommerceX. They have also founded 1 company.

Which legal entities is RecommerceX associated with?

RecommerceX is associated with RECOMMERCEX PRIVATE LIMITED.

How many employees does RecommerceX have?

As of Aug 31, 2025, the latest employee count at RecommerceX is 27.

Is RecommerceX a funded company?

RecommerceX is a funded company, having raised a total of $9.6M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 28, 2024.

How much is RecommerceX worth?

The latest valuation of RecommerceX is $***** as of Nov 08, 2025.

When was the latest funding round of RecommerceX?

RecommerceX's latest funding was a $***** Series A round on Nov 08, 2025, with participation from 2 investors.

What is the annual revenue of RecommerceX?

Annual revenue of RecommerceX is ₹46.5Cr as on Mar 31, 2025.

Where does RecommerceX rank among its competitors?

RecommerceX ranks 1st amongst 29 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was RecommerceX, which secured $6M in Nov, 2025.

Who are the top competitors of RecommerceX?

RecommerceX's top competitors include Carbios, Sky Quarry and Alchemyca Biotech. Among them, RecommerceX secured the most recent funding round in November, 2025.

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

Company Details

Manufacturer of steel and plastic products from recycled industrial materials. The company specializes in producing stainless steel, alloy steel, and advanced engineering polymers. These materials cater to industries including automotive, pharmaceuticals, oil and gas, and chemicals. It supplies compliant and traceable engineering materials, ensuring reliability for customer operations.

Website: recommercex.com
Email ID: *****@recommercex.com
Phone Number: +91 **********
Registered Address: EB-108, 1ST FLOOR, DDA DUPLEX MAYA ENCLAVE, Hari Nagar (West Delhi), West Delhi, New Delhi, Delhi, India, 110064

Key Metrics

Founded Year

2024

Location

Noida, India

Stage

Series A

Total Funding

$9.6M in 2 rounds

Latest Funding Round

Series A, Nov 08, 2025, $*****

Post Money Valuation

$***** as on Nov 08, 2025

Investors

Accel & 7 more

Ranked

1^st among 29 active competitors

Annual Revenue

₹46.5Cr as on Mar 31, 2025

Employee Count

27 as on Aug 31, 2025

Similar Companies

Carbios & 29 more

View RecommerceX's full profile

RecommerceX is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RECOMMERCEX PRIVATE LIMITED CIN: U46699DL2024PTC426391 , India, Active	Feb 08, 2024	$5.5M (As on Mar 31, 2025)	27 (As on Aug 31, 2025)

RecommerceX has raised a total funding of $9.6M over 2 rounds. Its first funding round was on Aug 28, 2024. Its latest funding round was a Series A round on Nov 08, 2025 for $*****. 2 investors participated in its latest round. RecommerceX has 2 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of RecommerceX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 08, 2025	9022211	Series A	2986675	6463671	1807198	8375335
Aug 28, 2024	4772779	Seed	8244412	5586447	Accel & 1 more	Tarun Mittal & 5 more

Access funding benchmarks and valuations. Sign up today!

View details of RecommerceX's funding rounds and investors

The founders of RecommerceX are Ajay Gupta, Shobhit Goel and Mohit Gulyani. Shobhit Goel is the CEO of RecommerceX.

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

Ajay Gupta: Co-Founder of RecommerceX.
Shobhit Goel: Co-Founder & CEO of RecommerceX.
Contact Info: 1 email address
Mohit Gulyani: Co-Founder & CBO of RecommerceX.
Contact Info: 1 email address

RecommerceX's Board of Directors

RecommerceX's board has 3 active members. Shobhit Goel, Mohit Gulyani and Ajay Gupta are part of team.

Here is the list of RecommerceX's board of directors:

Name	Type	Representing	Status	Duration
Shobhit Goel	Team	-	Current	2y 2m
Mohit Gulyani	Team	-	Current	2y 2m
Ajay Gupta	Team	-	Current	2y 2m

View details of RecommerceX's Founder profiles and Board Members

RecommerceX's employee count trend

RecommerceX has 27 employees as of Aug 25. Here is RecommerceX's employee count trend over the years:

Uncover RecommerceX'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 RecommerceX include Carbios, Sky Quarry and Alchemyca Biotech. Here is the list of Top 10 competitors of RecommerceX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RecommerceX 2024, Noida (India), Series A	Manufacturer of steel and plastic products from recycled industrial materials	$9.6M	Kae Capital, Accel & 6 others	57/100
2nd	Carbios 2011, Ennezat (France), Public	Provider of a platform focused on enzymatic recycling processes	-	BOLD, Truffle Capital & 3 others	48/100
3rd	Sky Quarry 2019, Woods Cross (United States), Public	Provider of waste management services	-	-	43/100
4th	Alchemyca Biotech 2024, San Diego (United States), Seed	Developer of technology transforming waste into circular feedstocks for renewable resource production	$2.5M	Ferment	42/100
5th	SUSTAINera 2023, Turin (Italy), Unfunded	Platform offers automotive solutions through remanufacturing and recycling of parts	-	-	38/100
6th	Fiberight 2009, Abergavenny (United Kingdom), Deadpooled	Provider of waste collection services	-	United States Department of Agriculture, Wetzer Capital ... & 1 others	34/100
7th	Wastewear 2013, New York City (United States), Unfunded	Manufacturer of apparel and accessories created from recycled textile materials	-	-	30/100
8th	BANANA & Partners 2021, Balikpapan (Indonesia), Unfunded	Provider of sustainability solutions	-	-	27/100
9th	UpCycle Bengaluru (India), Unfunded	Provider of waste recycling management and electric vehicle transport solutions	-	-	26/100
10th	Sustein Material 2022, Barcelona (Spain), Unfunded	Provider of solutions to healthcare waste into construction	-	-	24/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on RecommerceX's competitors? Click here to see the top ones

Founders (largest shareholder) own 58.05%, Funds own 32.50%, Angels own 0.45% and ESOP Pool own 9.00%. The net worth of RecommerceX's founders is INR 309Cr as of Nov 08, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	58.05%	309Cr	7813729	6154758	2193731	2845540
Shobhit Goel	8980780	1797328	4107819	3849778	1366763	8051364
Mohit Gulyani	4454083	1290539	1539886	5640532	4188488	7969852
Ajay Gupta	7926854	3301744	1517814	4059251	5117488	2965153
Fund	32.50%	173Cr	9399132	6109624	9361882	6922148
Accel	8318846	3023287	2854807	4675031	7572899	5966050
Kae Capital	9838657	4255147	8103837	9237361	4989705	1361933
Angel	0.45%	2.41Cr	0	0	0	0
ESOP Pool	9.00%	47.9Cr	9630276	8868657	9431870	1737032
Total	100.00%	532Cr	5889872	6656217	8956970	5025835