WeVOIS raises INR 36 crore in Series A funding round
WeVOIS, a waste management startup, has secured INR 36 crore (USD 4.2 million) in its Series A funding round. The funding was led by Negen Capital and Vyom Partners, with participation from Venture Catalysts, SN Capital, Warmup Ventures, Marsshot Ventures (Razorpay Founders’ Fund), and several angel investors.
WeVOIS plans to use the funding to expand operations, strengthen partnerships, and develop its technology to address waste management challenges in India and contribute to sustainable waste practices on a broader scale.
Commenting on the funding, Abhishek Gupta, Co-Founder and CEO of WeVOIS, said, “We are thrilled to receive this funding, which will significantly accelerate our mission of creating a cleaner and more sustainable future. Our sanitation partners, who are the backbone of our operations, play a pivotal role in our success. With over 1,500 sanitation workers and partnerships with 20+ municipal bodies, we are building a robust waste collection, recovery, and recycling ecosystem. We aim to establish 100 zero-waste cities in the next five years.”
According to the company statement, WeVOIS aims to reduce reliance on virgin resources, lower greenhouse gas emissions, and reclaim land by diverting waste from landfills. The company is establishing textile waste recycling units and bio-CNG plants to convert wet waste into energy. It also utilizes Internet of Things (IoT) and Artificial Intelligence (AI)-based technology to enhance waste collection, optimize resource flows, and improve recycling efficiency.
Abhinav Vashistha, Co-Founder and CTO of WeVOIS, stated, “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. This is a vital step toward positioning India as a global pioneer in waste management technologies.”
India generates approximately 62 million tonnes of waste annually, with only 12 million tonnes treated before disposal. This figure is expected to double by 2030, highlighting the need for scalable waste management solutions.
Neil Bahal, Founder of Negen Capital commented, “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.”
Also read: Circular supply chain | How Elima is transforming waste into resources
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