India, Oct. 6 -- Cleantech startup EcoEx has raised $4 Mn (around INR 35.5 Cr) in a strategic funding round led by Dovetail Global Fund PCC, Navbharat Investment Fund, and Narnolia Velox Fund. Besides, the round also saw participation from undisclosed domestic and international investors .

EcoEx will use the fresh capital to enhance its tech stack, expand its cleantech solutions, and scale its newly launched Waste Commodity App.

Founded by Nimit Aggarwal and Akshaya Rath in 2018, EcoEx runs a digital marketplace and compliance platform that helps businesses manage and recycle waste. It connects producers, recyclers, and waste collectors to trade materials like plastics and e-waste. Besides the digital marketplace, EcoEx also entered the...