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Home > Startups > Funding > WeVOIS raises ₹36 crore in Series A funding round led by Negen Capital and Vyom Wealth

WeVOIS raises ₹36 crore in Series A funding round led by Negen Capital and Vyom Wealth

Founded in 2018 by Abhinav Vashistha, WeVOIS Labs, a solid waste management company provides eco-friendly waste management solutions and services.

Abhinav Kumar Singh
Last updated: January 17, 2025 11:35 PM
By Abhinav Kumar Singh
WeVOIS raises ₹36 crore in Series A funding round led by Negen Capital and Vyom Wealth
WeVOIS raises ₹36 crore in Series A funding round led by Negen Capital and Vyom Wealth
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WeVOIS, a Jaipur-based waste management startup has raised ₹36 crore in its Series A funding round led by Negen Capital and Vyom Wealth (the Polycab family office).

The round also saw participation from Venture Catalysts, SN Capital, Warmup Ventures, Mars Shot Ventures (Razorpay Founders’ Fund), and other prominent angel investors.

The funds raised will be used to scale its operations, expand partnerships, and drive innovation across India.

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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.”

Abhinav Vashistha, Co-Founder and CTO of WeVOIS, said, “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.”

Neil Bahal, Founder of Negen Capital, said, “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.”

Founded in 2018 by Abhinav Vashistha, WeVOIS Labs, a solid waste management company provides eco-friendly waste management solutions and services.

Building on its proprietary technology powered by the Internet of Things (IoT) and Artificial Intelligence (AI)-driven analytics, WeVOIS optimizes waste collection, enhances material flows, reduces carbon emissions, and improves recycling efficiency.

The company is also setting up textile waste recycling facilities and bio-CNG plants to convert wet waste into clean energy, exemplifying innovation in sustainable waste management.

TAGGED:Mars Shot VenturesNegen CapitalSN CapitalVenture CatalystsVyom WealthWarmup VenturesWeVOIS Labs

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