EcoEx has secured USD $4 Million in a strategic funding round led by Dovetail Global Fund PCC, Navbharat Investment Fund, and Narnolia Velox Fund, with participation from domestic and international investors ahead of IPO preparation.
The fresh capital will fuel technology enhancement, talent acquisition, expansion, and strengthening Clean Technology solutions as EcoEx scales its newly launched Waste Commodity App a first-of-its-kind mobile application enabling fully traceable and compliant digital trade of materials.
“This funding marks a pivotal moment for EcoEx. With the support of global and domestic investors, we are accelerating our mission to build traceable, accountable, and profitable solutions for industries,” said Nimit Aggarwal, Founder & Director, EcoEx. “We are on track to cross USD 20 Million in transaction value in FY 25–26, transforming Waste into both a climate and economic opportunity.” he added.
Since its inception, EcoEx has enabled PIBOs to secure over 1 Million Metric Tonnes EPR credits through CPCB-certified recyclers. With the launch of its mobile app, EcoEx is poised to amplify its impact, introducing real-time tracking, secure digital payments, and e-auction capabilities to streamline digital commodity trade. The app is rapidly gaining momentum, with over 3,000 recyclers / collectors already on boarded across India.
“This is more than funding, it’s validation of a movement,” said Akshaya Rath, CEO, EcoEx. “EcoEx is committed to harnessing technology for climate accountability, ESG-aligned compliance, and resource recovery across India’s Waste value chain.” he added.
EcoEx has established itself as India’s market leader in Plastic Waste Credit services, pioneering traceable and tech-enabled compliance tools for Extended Producer Responsibility (EPR). Its platform integrates EPR credit exchange, compliance automation, and consultancy services, making it the preferred partner for industries seeking to meet sustainability and regulatory commitments.