ScrapUncle Raises ₹22 Crore in Pre-Series A Funding to Transform India’s Scrap and Recycling Ecosystem

India’s fast-evolving climate-tech and circular economy landscape received a significant boost as ScrapUncle, a technology-driven waste management startup, announced the successful closure of its ₹22 crore Pre-Series A funding round. The round was co-led by Orios Venture Partners and Acumen Resilient Agriculture Fund (ARAF), with participation from Venture Catalysts++, Upaya Social Ventures, along with existing investors and strategic backers.

The fresh capital marks a crucial milestone for ScrapUncle as it accelerates its mission to formalise and digitise India’s fragmented scrap and recycling ecosystem—an industry that remains largely unorganised despite playing a critical role in resource recovery, sustainability, and urban waste management.

Tackling a Deep-Rooted Structural Problem

India generates millions of tonnes of scrap and recyclable waste annually across sectors such as construction, manufacturing, retail, and households. However, the value chain has long been plagued by inefficiencies including opaque pricing, lack of traceability, inconsistent quality standards, and limited technology adoption. ScrapUncle is positioning itself as a full-stack, tech-enabled solution to address these systemic challenges.

By integrating digital tools with on-ground operations, the company enables transparent price discovery, improved traceability of materials, and streamlined waste processing. Its platform connects waste generators—primarily businesses—with verified recyclers, ensuring compliance, efficiency, and environmental accountability.

Investors backing the round cited ScrapUncle’s clear focus on solving a real, large-scale problem, backed by strong execution capabilities and a scalable operating model.

Technology at the Core of Circular Economy

At the heart of ScrapUncle’s model is a technology platform that brings structure to an otherwise informal sector. The company leverages data-driven processes to track scrap movement, optimise logistics, and ensure fair pricing for suppliers and buyers alike. This approach not only improves margins and operational efficiency but also builds trust across the value chain.

The startup’s emphasis on traceability and transparency aligns strongly with global ESG (Environmental, Social, and Governance) expectations, particularly as large enterprises increasingly seek compliant and auditable waste management partners.

By ensuring that recyclable materials are properly processed and reintegrated into production cycles, ScrapUncle contributes directly to reducing landfill dependency and promoting circular economy outcomes—a priority area for India’s sustainability goals.

Scalable Multi-City Operations

ScrapUncle has already established multi-city operations, working with a growing network of B2B partners across urban centres. Its asset-light yet execution-focused model allows the company to scale efficiently while maintaining quality control across locations.

The funding will be used to deepen market penetration in existing cities, expand into new geographies, strengthen technology infrastructure, and build leadership capacity. The company also plans to invest in partnerships with large enterprises, real estate developers, manufacturers, and institutions seeking organised scrap management solutions.

According to people familiar with the company’s strategy, ScrapUncle’s ability to combine grassroots operational knowledge with venture-scale ambition has been a key differentiator in attracting institutional capital.

Strong Investor Conviction

The participation of both traditional venture capital firms and impact-focused funds underlines ScrapUncle’s dual value proposition—commercial scalability and measurable environmental impact. Investors highlighted the startup’s role in formalising an essential but overlooked sector and its potential to become a category-defining player in India’s climate-tech ecosystem.

Leadership figures including Mukul Chhabra, Dr Apoorva Ranjan Sharma, Anuj Golecha, Anil G Jain, Gaurav Jain, Rishabh Golchha, Arisht Jain, Mohit Rakhecha, and Anvit Baliga have been associated with supporting the company’s growth journey and strategic direction.

Advancing India’s Clean-Tech Future

As India pushes towards ambitious sustainability and climate targets, organised waste management and recycling will play a decisive role. ScrapUncle’s progress reflects a broader shift in investor sentiment towards climate-tech, clean-tech, and circular economy startups that deliver both financial returns and long-term societal value.

With fresh capital, strong investor backing, and a clear execution roadmap, ScrapUncle is well-positioned to scale its impact and contribute meaningfully to India’s transition towards a cleaner, more resource-efficient future. The Pre-Series A round not only validates the company’s business model but also signals growing confidence in technology-led solutions for one of India’s most critical environmental challenges.