# NEPRA Resource Management Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nepra-resource-management-pvt

- Industry: Environmental Services
- Headquarters: Ahmedabad, India
- Website: www.nepra.co.in/
- Total disclosed funding: $27M
- Latest round: Series C (Nov 6, 2020)
- Investors on record: 4

## About

Based in Ahmedabad, India, and founded in 2006 by co-founders Sandeep Patel (CEO), Dhrumin Patel, Chirag Patel, and Ravi Patel, NEPRA Resource Management Pvt Ltd operates as a provider of waste recycling and management solutions to industries and local governments. In February 2024, Blue Earth Capital acquired a significant minority stake in NEPRA Resource Management Pvt Ltd from Aavishkaar Capital.

The company provides a wide range of waste management services, such as waste collection, recycling, and disposal solutions. NEPRA's offerings include Material Recovery Facilities (MRFs), an EPR platform for plastic waste, and the Recycle Rewards app for waste pick-up and management. Additionally, the firm also provides services such as EPR Tradex for trading EPR credits and community engagement through the Nepra Foundation.

## Funding rounds

- Series C, Nov 6, 2020, $18M — Aavishkaar Capital, Asha Impact, Circulate Capital
- Series B, Apr 16, 2015, $1.6M — Aavishkaar Capital, Aavishkaar Venture Management Services
- Series B, Feb 10, 2014, $7M — Aavishkaar Capital
- Series A, Feb 12, 2013, $0.6M — Aavishkaar Capital

## Investors

- Aavishkaar Capital (https://capitalatlas.ai/funds/aavishkaar-capital) — Series A, Series B, Series C
- Aavishkaar Venture Management Services — Series B
- Asha Impact (https://capitalatlas.ai/funds/asha-impact) — Series C
- Circulate Capital (https://capitalatlas.ai/funds/circulate-capital) — Series C