EcoEx has obtained $4 Million in a strategic funding round spearheaded by Dovetail Global Fund PCC, Navbharat Investment Fund, and Narnolia Velox Fund, alongside contributions from both domestic and international investors in advance of IPO preparations.

The new funding will support technology improvements, workforce recruitment, growth, and bolstering Clean Technology solutions as EcoEx expands its recently introduced Waste Commodity App, a unique mobile application facilitating completely traceable and compliant digital material trading.

“This financial support signifies a crucial turning point for EcoEx. Thanks to the backing of both international and local investors, we are hastening our goal to create traceable, accountable, and profitable solutions for various industries,” stated Nimit Aggarwal, Founder & Director, EcoEx.

"We expect to exceed $ 20 Million in transaction value in FY 25–26, turning Waste into a climate and economic opportunity," he noted.

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Since its launch, EcoEx has allowed PIBOs to obtain over 1 Million Metric Tonnes of EPR credits via CPCB-certified recyclers. The introduction of its mobile app positions EcoEx to enhance its influence, offering real-time tracking, secure digital payments, and e-auction functionality to optimize digital commodity trading. The application is quickly picking up speed, with more than 3,000 recyclers/collectors already registered throughout India.

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“This goes beyond funding; it’s a confirmation of a movement,” stated Akshaya Rath, CEO of EcoEx. “EcoEx is dedicated to leveraging technology for climate responsibility, aligning ESG compliance, and recovering resources throughout India’s waste value chain.” he stated.

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EcoEx has positioned itself as the leading provider of Plastic Waste Credit services in India, introducing traceable and technology-driven compliance solutions for Extended Producer Responsibility (EPR). The platform combines EPR credit exchange, compliance automation, and consulting services, positioning it as the ideal partner for industries aiming to achieve sustainability and regulatory obligations.