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Funding · Climate, Energy & Sustainability

ScrapUncle raises ₹22 crore pre-Series A

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Date
Company
ScrapUncle
What it does
On-demand recycling platform
Kind
Funding
Amount
₹22 Cr
Stage
pre-Series A
Based in
Delhi
Founded
2019
Sector
Climate, Energy & Sustainability

What they do

ScrapUncle is an on-demand recycling platform for households and enterprises

What happened

It raised ₹22 crore in pre-Series A funding co-led by Orios Venture Partners and Acumen Fund

Why it matters

The company plans to deepen presence in Delhi NCR and expand to other metro cities

The details

  • ScrapUncle raised ₹22 crore in a pre-Series A round.
  • The round was co-led by Orios Venture Partners and Acumen Fund.
  • Participating investors include Upaya Social Ventures, Venture Catalysts, We Founder Circle, Soonicorn Ventures, and angel investor Bharat Jaisinghani.
  • The company will use the funds to deepen presence in Delhi NCR and scale to achieve ₹100 crore annual recurring revenue.
  • It will also invest in fulfilment infrastructure, technology, and workforce.
  • ScrapUncle plans to lay the groundwork for an in-house e-waste recycling facility.
  • The company has completed over 300,000 pickups and recycled more than 20 million kilograms of waste.

The bigger picture

  • India generates ~3.8 million metric tonnes of e-waste annually, and the sector is informal and fragmented.
  • ScrapUncle organizes the recycling ecosystem with a vertically integrated model similar to e-commerce fulfilment.
  • The platform has empowered nearly 200 informal workers with structured training and dignified conditions.

About the business

  • ScrapUncle is an on-demand recycling platform for households and enterprises.
  • It offers doorstep pickup of e-waste, paper, metals, cartons, plastics, textiles, and end-of-life vehicles.
  • Users schedule pickups via app or website and get paid transparently.
  • The company uses a proprietary technology stack for digital tagging, logistics, traceability, and inventory management.
  • All material is routed to warehouses (like e-commerce fulfilment centres), sorted, processed, and sent to authorized recyclers.
  • Workers receive structured training, safety standards, dignified working conditions, and stable earnings.
  • The company has completed over 300,000 pickups and recycled more than 20 million kilograms of waste.
  • It has close to 350,000 app downloads and has empowered nearly 200 informal workers.
  • Headquarters are in Delhi (also described as Bengaluru-based).

What happens next

  • Deepen presence in Delhi NCR and scale to achieve ₹100 crore annual recurring revenue.
  • Expand the app to other metro cities.
  • Invest in fulfilment infrastructure, technology, and workforce.
  • Lay groundwork for an in-house e-waste recycling facility.

The deal

Type
pre-Series A

Investors

  • Orios Venture Partners (co-lead) — Partner Sukhmani Bedi expressed excitement to back ScrapUncle as it organizes the recycling ecosystem.
  • Acumen Fund (co-lead) — India head of investments Paraag Sabhlok said the platform unlocks impact for customers, collection partners, and recyclers.
  • Upaya Social Ventures (participated)
  • Venture Catalysts (participated)
  • We Founder Circle (participated)
  • Soonicorn Ventures (participated)
  • Bharat Jaisinghani (angel)

Founders

  • Mukul Chhabra, Founder

About ScrapUncle

Product
demand recycling platform
Customers
Households and commercial enterprises seeking reliable disposal and monetization of recyclable scrap.
How it makes money
Buys recyclable scrap from users at standardized rates and sells aggregated volumes to certified recycling processors.
What sets it apart
Digitizes scrap collection using trained gig workers, electronic weighing scales, and scheduled app pickups.

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