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India Climate Startups Update

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Mukul Chhabra’s ScrapUncle bags an Shark Tank offer of Rs 60 lakh for 5% equity

2023-02-13 | India

The Delhi-based startup allows users to sell scrap for pre-quoted prices to verified collectors, which is then segregated and recycled.


  • Waste Recycling
  • Solid Waste Collection
  • Scrap Processing

Source


Notes by Narsi

The idea is simple and it will work, the challenge is scale. Eventually, this is a logistics business with a lot of (unorganized) feet on street.

He has done enough to impress the sharks possibly, but Mukul-bhayya has his work cut out before he can scale this to even 10x what he is doing right now.