Waste management startup WeVOIS raises $4.2M from Negen Capital, Polycab family office, others
Summary
Waste management startup WeVOIS on Thursday said it has raised $4.2 million in its Series A funding round led by Negen Capital and Vyom Wealth (the Polycab family office), with additional participation from Venture Catalysts, SN Capital, Warmup Ventures, Marsshot Ventures (Razorpay Founders Fund), and other angel investors.The company said the new investment will help it scale operations, expand partnerships, and drive innovation across India. By combining advanced technology with a commitment to sustainability, the company aims to inspire transformative change in the industry while addressing Indias waste management challenges, it said in a statement.Abhishek Gupta, Co-Founder and CEO of WeVOIS said with over 1,500 sanitation workers and partnerships with over 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.WeVOIS aims to reduce reliance on virgin resources, minimize greenhouse gas emissions, and reclaim land by diverting waste from landfills. This volume is expected to more than double by 2030, underscoring the urgent need for innovative, scalable solutions, the company said.The waste management sector has evolved significantly, driven by better regulations and heightened awareness. WeVOISs cutting-edge technology is uniquely positioned to address these challenges while creating immense value for investors and communities alike, said Neil Bahal, Founder of Negen Capital.