Funding · Climate, Energy & Sustainability

PadCare Labs raises $3 million for expansion

By Startup Enthusiast · 7 February 2026

What they do

PadCare Labs recycles sanitary waste using patented technology and reverse logistics

The company raised $3 million in a Pre-Series A round led by Rainmatter by Zerodha

Funds will support capacity expansion to 2,000 metric tonnes annually by March 2027

PadCare Labs announced a $3 million Pre-Series A funding round on February 10, 2026.
The round is a mix of equity and debt financing from multiple partners.
Rainmatter by Zerodha led the investment with participation from several other firms.
Existing investors Lavni Ventures and 3i Partners also participated in this round.
Debt partners including EXIM Bank and ICICI Bank contributed to the financing.
The capital will fund capacity expansion and new facility launches across India.
PadCare aims to reach 2,000 metric tonnes annual capacity by March 2027.
The company plans to enter APAC markets and launch new B2C products.

New Solid Waste Management rules are increasing compliance pressure for businesses.
PadCare holds TRL-9 status indicating mature and ready-to-deploy technology.
The company boasts a 99.5% client retention rate among its enterprise base.
PadCare claims to operate the world's first sanitary waste disposal system.

PadCare uses a patented scientific process to recycle used sanitary hygiene products.
It provides on-site bins and manages reverse logistics to centralized recycling factories.
Clients include enterprises like Infosys, Wipro, and Mahindra Group.
The service model covers over 2,000 sites across 24 Indian cities.
PadCare serves residential communities through its PadCare Orbit B2C app.
The company achieved positive PAT and 26% EBITDA margins in FY25.
PadCare recycled 256 metric tonnes of waste and reduced emissions significantly in 2025.
The Rebirth portfolio includes recycled corporate stationery and paper products.

Product: Sanitary waste collection and recycling services, plus recycled paper products (Rebirth) and a B2C app (Orbit) for housing societies.
Customers: Enterprises, manufacturing units, and residential societies that need compliant sanitary waste disposal and recycling.
How it makes money: Fee-for-service model charging for collection and recycling, with additional revenue from selling recycled products.
What sets it apart: Patented, smokeless technology for scientific recycling of sanitary waste, enabling recovery of value-added materials.