WeVOIS Secures $4.2 Million in Funding
WeVOIS Secures $4.2 Million in Funding

WeVOIS Secures $4.2 Million in Funding

News summary

WeVOIS, a Jaipur-based waste management startup, has secured $4.2 million in Series A funding to enhance its operations and innovate within India's waste management sector. The funding round was led by Negen Capital and Vyom Wealth, with contributions from several other investors. WeVOIS aims to establish a robust waste collection and recycling ecosystem, targeting the creation of 100 zero-waste cities in five years while addressing India's critical waste management challenges. The startup is focusing on sustainable solutions like textile waste recycling facilities and bio-CNG plants to transform wet waste into clean energy. With India generating approximately 62 million tonnes of waste annually and only a small fraction treated, WeVOIS's efforts are seen as essential for a cleaner future. Investors believe that the company's advanced technology, combining IoT and AI, will significantly enhance waste management practices in the country.

Story Coverage
Bias Distribution
100% Right
Information Sources
11c6c209-6071-4ed7-873c-cae6457e42b7
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
14 min ago
Bias Distribution
100% Right
Related News
Daily Index

Negative

23Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News