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