ScrapUncle revolutionizes scrap recycling in India with trained agents and ethical waste management practices
The company sought ₹60 lakh for a 3% investment on Shark Tank India
ScrapUncle has processed 150-200 tons of waste monthly, generating ₹35 lakh in revenue
The company is still thriving as of November 2023, with partnerships with major corporations like Godrej and TATA
The monthly sales are at ₹27.5 lakh, with hopes to close the year at ₹6 crores
Founder Mukul Chhabra previously co-founded DroneMed, an unmanned aerial vehicles startup
The Shark Tank India deal with Amit closed successfully post-show, indicating the company's growth
ScrapUncle had received a grant of ₹23 lakh from Columbia University with no equity exchange