Ecoex Roadmap (2018-2026)

Mr. Nimit Aggrawal, Founder, Director

Mr. Nimit Aggarwal, masters from Indian School Of Business (ISB), has 15+ years of experience in the Plastic Waste Management industry and providing sustainable solutions. He has more than 10 years of experience working towards sustainable solutions, plastic waste management, and PET plastic waste. He is an eco-minded entrepreneur supporting UNDP Sustainable Development Goals and consulted numerous foreign recycling organizations with their planning and business strategy. Before founding Ecoex, he was part of the BLS Ecotech team, where he increased the plant capacity to 5000 MT per month during his tenure, making it the second largest recycler, one of the largest PET bottle Recycling company in India. BLS Ecotech is the part of the BLS group having 2 listed companies in India. At Ecoex, Mr. Nimit is leading the team from the front and roping strategic planning and vision within the team.

Mr. Akshaya Rath, Co-Founder, CEO

Akshaya Rath (CEO), comes with 20+ years of experience in the marketplace, and supply chain. He was instrumental in the conceptualization, design, and development of bidnemo.com & bankeauctions.com. His expertise has helped him yield profitability out of every B2B business venture he has headed. He entered the “C-Suite” in the early stages of his career and has managed 30+ e-tendering implementation projects in Govt. departments & Public sector units in the domestic market. Mr. Akshaya also brings his expertise in e-auctions as a subject matter expert and has also led a team to develop e-auction (reverse & forward) software solutions in his previous organization. At EcoEx, he now leads the company as Chief Executive Officer, driving growth and innovation.

Our Journey

ECOEX Journey From 2018-2026
2018-19
Foundation & Vision

Ecoex was officially incorporated on September 28, 2018.
Founded with a mission to revolutionize waste management through innovative technology platforms.

2020-21
Plastic Waste Marketplace

Engaged NEML (13-Feb-2020)
E-Marketplace launched to organize the unorganized sector (31-Aug-2020)
₹1.25 Cr spent till Feb 2022
Engaged KPMG for diagnostic study towards setting up of recycled plastic credit exchange platform
Recognized as a startup by the DPIIT.

2021-22
Public Partnerships & EPR Clients

Ayodhya road project & wrapper vehicles
Partnership with MCD (Okhla)
Internal CRM created
EPR clients onboarded.

2022-23
Foundation Setup & Tech Services Expansion

Ecoex Foundation incorporated with vision to create a sustainable and circular economy.
Developed EPR PRO a digital compliance platform to facilitates all types of waste.
Revenue jumped to ₹10 Cr from ₹1.5 Cr.

2023-24
Waste Management Business

Launched new waste management vertical through tech-driven solutions  i.e mobile apps - The Buyer and Seller App.
Transacted 2 Lakh+ MT
300+ clients on boarded
DRHP filed on BSE SME Exchange

2024-25
Market Share Growth, Sustainability & Government Innovation

6 Lakh+ MT transacted
500+ clients
Captured 16% EPR market share
₹50+ Cr topline
SBTi registration delivered
Advanced Forest Sensing with Haldwani Govt.

2025-26 (Ongoing)
Technology Capitalization & Revenue Scaling

Upgrading Ecoex Technology by developing waste management Bot.
₹150 Cr revenue target
Marquee client acquisition in EPR & Waste Management Vertical.

Awards & Recognition

Our Talented Team

“Driven by Passion, United for Sustainability.”