In a significant development for the waste management industry in India, the Jaipur-based startup WeVOIS has raised ₹36 crore (around $4.2 million) in its Series A funding round. The round was led by Negen Capital and Vyom Wealth (the Polycab family office), with additional participation from Venture Catalysts, SN Capital, Warmup Ventures, Marsshot Ventures (Razorpay Founders’ Fund), and other prominent angel investors.
This funding will enable WeVOIS to accelerate its mission of revolutionizing waste management in India and establishing the country as a global leader in sustainable waste practices. Abhishek Gupta, Co-Founder and CEO of WeVOIS, expressed his enthusiasm, stating, “We are thrilled to receive this funding, which will significantly accelerate our mission of creating a cleaner and more sustainable future.”
WeVOIS is spearheading efforts to reduce reliance on virgin resources, minimize greenhouse gas emissions, and reclaim land by diverting waste from landfills. The company is setting up textile waste recycling facilities and bio-CNG plants to convert wet waste into clean energy, showcasing innovation in sustainable waste management.
Abhinav Vashistha, Co-Founder and CTO of WeVOIS, outlined the company’s vision for innovation, saying, “We will use this funding to establish a state-of-the-art Centre of Excellence for advanced waste processing, a first-of-its-kind facility in India. Our prototypes are ready for commercialization, allowing us to reduce waste and its environmental impact drastically.”
With a strong network of over 1,500 sanitation workers and partnerships with 20+ municipal bodies, WeVOIS is building a robust waste collection, recovery, and recycling ecosystem. The company aims to establish 100 zero-waste cities in the next five years, addressing the pressing issue of India’s growing waste management challenges.
Neil Bahal, Founder of Negen Capital, expressed confidence in WeVOIS’s potential, stating, “The waste management sector has evolved significantly, driven by better regulations and heightened awareness. WeVOIS’s cutting-edge technology is uniquely positioned to address these challenges while creating immense value for investors and communities alike.”
This strategic investment marks a significant step forward for WeVOIS as it looks to scale its operations, expand partnerships, and drive innovation across India. By combining advanced technology with a commitment to sustainability, the company aims to inspire transformative change in the industry and establish global benchmarks in waste management practices.
