Asar Green Kabadi Pvt. Ltd.
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Asar Green Kabadi Pvt. Ltd. - overview
Established
2013
Location
Bhopal, Madhya Pradesh, India
Primary Industry
Environmental Services
About
Asar Green Kabadi Pvt. Ltd. is an Indian waste management company specializing in the collection and recycling of materials, utilizing a digital platform for efficient door-to-door services across multiple cities. Founded in 2013 and headquartered in Bhopal, India, Asar Green Kabadi Pvt.
Ltd. focuses on sustainable waste management solutions. The company was established by Anurag Asati and Kavindra Raghuwanshi. It has completed two deals, with the most recent being a SEED funding round led by Roots Ventures on November 18, 2022, raising USD 2.
00 mn, bringing the total amount raised to USD 2. 00 mn. The Kabadiwala specializes in waste management solutions, focusing on the collection and recycling of recyclable materials. It offers a digital platform for over 40 types of recyclables, serving individuals and businesses with services like mattress recycling and secure document shredding.
The company operates in five major cities in India, including Bhopal, Indore, Raipur, Nagpur, and Lucknow, and is expanding to Ahmedabad, Mumbai, Pune, Bangalore, and Hyderabad, contributing to sustainable disposal practices and collaborating with organizations for enhanced recycling efforts. In the most recent year, 2023, The Kabadiwala generated revenue of USD 1,328,043. 80, with an EBITDA of USD -234,938. 80, reflecting its operational focus on sustainability and efficiency in waste management.
Following the SEED funding round led by Roots Ventures in November 2022, Asar Green Kabadi Pvt. Ltd. plans to enhance its technology base, expand its last-mile scrap collection services, and create green jobs in the unorganized sector. The company is targeting expansion into additional urban markets to bolster its service offering and reach by 2024.
Current Investors
Roots Ventures
Primary Industry
Environmental Services
Sub Industries
Waste Management, Recycling
Website
www.thekabadiwala.com
Verticals
Clean Technology, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Asar Green Kabadi Pvt. Ltd. - timeline of key events
Asar Green Kabadi Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 222,270 | 1,771,068 | 2,232,127.7 | 7,171,762 | 13,849,010.5 | 33,005,817.3 | - | - | - |
| % Revenue Growth (YoY) | - | 696.8% | 26.0% | 221.3% | 93.1% | 138.3% | - | - | - |
| EBITDA (USD) | 12,000 | 48,838 | 125,232.4 | 365,162.5 | (4,755,137.2) | (5,318,152.9) | - | - | - |
| Operating Income (USD) | 12,000 | 44,862.4 | 77,385.4 | 294,042.6 | (5,031,182.4) | (5,768,492.6) | - | - | - |
| Operating Margin | 5.4% | 2.5% | 3.5% | 4.1% | (36.3%) | (17.5%) | - | - | - |
| % EBITDA Margin | 5.4% | 2.8% | 5.6% | 5.1% | (34.3%) | (16.1%) | - | - | - |
| NET Income (USD) | 8,292 | 30,999.8 | 47,725.7 | 198,006.7 | (5,200,230.6) | (5,975,265.1) | - | - | - |
| % Net Margin | 3.7% | 1.8% | 2.1% | 2.8% | (37.5%) | (18.1%) | - | - | - |
Asar Green Kabadi Pvt. Ltd. - employee data
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