When was Second Spin founded?

Second Spin was founded in 2024.

Where is Second Spin located?

Second Spin is headquartered in Bengaluru, India.

Is Second Spin a funded company?

Second Spin is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Second Spin rank among its competitors?

Second Spin ranks 44th amongst 60 active competitors, of which 9 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was ECOMMIT, which secured an undisclosed amount in Sep, 2025.

Who are the top competitors of Second Spin?

Second Spin's top competitors include BlockTexx, ECOMMIT and DyeRecycle. Among them, ECOMMIT secured the most recent funding round in September, 2025.

Second Spin - 2026 Company Profile, Team & Competitors

Second Spin is an unfunded company based in Bengaluru (India), founded in 2024 by Tharun Jagateri. It operates as a Provider of textile recycling services for institutions to meet sustainability goals. Second Spin has not raised any funding yet. The company has 60 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like BlockTexx, ECOMMIT and DyeRecycle.

Company Details

Provider of textile recycling services for institutions to meet sustainability goals. The company collects, sorts, and transforms textile waste into recycled yarn and fabrics. It manages the entire recycling process, from collection to material transformation. The company works with certified recycling partners and provides waste management documentation.

Website: www.secondspin.in/
Email ID: *****@secondspin.in

Key Metrics

Founded Year

2024

Location

Bengaluru, India

Stage

Unfunded

Ranked

44^th among 60 active competitors

Similar Companies

BlockTexx & 62 more

View Second Spin's full profile

Second Spin has not raised any funding rounds yet.

The founders of Second Spin is Tharun Jagateri. is the CEO of Second Spin.

Here are the details of Second Spin's key team members:

Tharun Jagateri: Co-Founder of Second Spin.

View details of Second Spin's Founder profiles and Board Members

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Top competitors of Second Spin include BlockTexx, ECOMMIT and DyeRecycle. Here is the list of Top 10 competitors of Second Spin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BlockTexx 2018, Manly (Australia), Series B	Provider of textiles waste recycling services	$7M	Fashion For Good, Plug and Play APAC & 5 others	45/100
2nd	ECOMMIT 2007, Kagoshima (Japan), Series B	Provider of waste recycling services	$10.3M	Chubu Electric Power, Kips & 6 others	45/100
3rd	DyeRecycle 2022, London (United Kingdom), Seed	Developer of technology for recycling dyes and fibers from textile waste	$1M	Octopus Ventures, Evenlode Investment & 5 others	38/100
4th	Usha Yarns 1996, Chandigarh (India), Seed	Provides textile recycling services	$842K	-	37/100
5th	Martex Fiber 1970, Philadelphia (United States), Late Stage	Provider of fibre and textile recycling services	$15.5M	Milestone Partners	35/100
6th	Soft Landing 2009, Port Kembla (Australia), Acquired	Provider of mattresses collects and recycling services	-	-	35/100
7th	FABSCRAP 2016, New York City (United States), Unfunded	Provider of textile reuse and recycling services	-	-	35/100
8th	Rester 2019, Paimio (Finland), Series A	Provider of waste textiles services	$11.1M	Lindstrom, Taaleri & 3 others	32/100
9th	Revolution-ZERO 2020, London (United Kingdom), Seed	Provider of textiles recycling services	$2.12M	The FSE Group, Ignition Credit	32/100
10th	Phoenix Fibers 2011, Chandler (United States), Unfunded	Provider of textile recycling services	-	-	32/100
44th	Second Spin 2024, Bengaluru (India), Unfunded	Provider of textile recycling services for institutions to meet sustainability goals	-	-	16/100