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Skrap is a technology company.
Skrap operates a digital procurement platform for construction services, encompassing waste management, aggregates, and plant hire. The company provides an on-demand marketplace accessible via mobile application and an online portal, designed to streamline the construction supply chain. Its solution integrates features such as electronic invoicing, spend tracking, and carbon emission monitoring, aiding clients in achieving net-zero sustainability objectives.
Founded in 2017 by Ahmed Rao, Hussain Hilli, and Marwan Field, Skrap originated from the recognition of inefficiencies within the construction industry's traditional procurement processes. Their core insight was to develop a centralized digital ecosystem that efficiently connects contractors with a broad network of local suppliers, thereby enhancing transparency and operational effectiveness in construction logistics.
Skrap primarily serves construction contractors seeking optimized solutions for their site requirements, alongside suppliers aiming to broaden their market reach through a robust digital channel. The company’s vision is to modernize the entire construction logistics landscape, offering an integrated platform that not only simplifies complex operations but also actively promotes environmental responsibility through advanced waste management and carbon offsetting capabilities.
Skrap has raised $2.9M across 3 funding rounds.
Skrap has raised $2.9M in total across 3 funding rounds.
Skrap has raised $2.9M in total across 3 funding rounds.
Skrap's investors include Vanneck, Adrian Beecroft, Anil Stocker, Charlie Songhurst, Daniel Mulholland, Dennis Stevenson, Eamon Jubbawy, James Hind, Jay Radia, Paul Huntingdon, Peter Brodnicki.
Skrap (skrap.in) is an environmental sustainability firm based in India that helps businesses and brands implement sustainable practices and zero-waste solutions, with a mission to raise awareness about waste and drive positive climate action.[1][2] It offers tailored services including zero-waste offices, sustainability workshops, zero-waste events, and consulting, all aligned with the UN’s Sustainable Development Goals, serving clients like Mahindra and Paytm Insider to achieve greener operations.[1]
The company targets offices, events, and brands, solving the problem of waste management and environmental impact through practical, on-ground solutions like waste segregation, eco-friendly furniture, and event logistics that minimize landfill waste.[1] Testimonials highlight its role in enabling scalable climate action, such as zero-waste events for thousands of attendees, indicating steady growth via corporate partnerships in energy, utilities, and waste sectors.[1][2]
Limited public information exists on Skrap's founding details, such as exact year or founders' backgrounds, but it operates as a small firm (<25 employees) in India, led by figures like Altamash Khwaja in on-ground logistics and backend operations.[2] The idea likely emerged from recognizing gaps in corporate sustainability adoption, evolving into a service provider that consults on comprehensive zero-waste strategies for offices and events.[1]
Early traction is evident from client partnerships, including multi-year collaborations with Mahindra for zero-waste cultural events like Mahindra Blues and Kabira, and Paytm Insider's transition to a zero-waste office through workshops and recommendations.[1] These pivotal moments underscore its growth from awareness-building to delivering seamless, large-scale green implementations.[1]
(Note: A separate entity at skrap.xyz and CB Insights differentiates via an app-based B2B marketplace for construction hire and waste management, but skrap.in's corporate sustainability focus matches the query's "technology company" context more closely as a service-enabled firm.[3][4])
Skrap rides the global wave of corporate sustainability mandates and ESG (Environmental, Social, Governance) investing, where businesses face pressure to reduce waste amid climate regulations and consumer demand for green practices.[1] Timing is ideal in India’s growing market for waste management (NAICS 56,562) and utilities, fueled by urbanization, events boom post-pandemic, and net-zero pledges by firms like Mahindra.[1][2]
Market forces like rising landfill costs and UN SDG alignment favor Skrap, positioning it to influence the ecosystem by normalizing zero-waste norms in offices and events, inspiring B2B adoption and potentially scaling via tech integrations for tracking sustainability metrics.[1] It contributes to broader tech-enabled climate action, bridging traditional waste logistics with modern corporate needs.
Skrap is poised to expand as sustainability becomes non-negotiable for brands, potentially integrating tech like apps for waste tracking to enhance its consulting edge and tap into India's booming green services market.[1][2] Trends like AI-driven ESG reporting and circular economy policies will shape its path, amplifying influence through larger enterprise deals and partnerships.
With proven traction at high-profile clients, Skrap could evolve from niche consultant to ecosystem leader, redefining waste as a climate opportunity—much like its core aim to inspire action from awareness.[1]
Skrap has raised $2.9M across 3 funding rounds. Most recently, it raised $1.6M Seed in September 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2020 | $1.6M Seed | Vanneck | Adrian Beecroft, Anil Stocker, Charlie Songhurst, Daniel Mulholland, Dennis Stevenson, Eamon Jubbawy, James Hind, Jay Radia, Paul Huntingdon, Peter Brodnicki |
| Jun 1, 2019 | $1.0M Seed | ||
| Aug 1, 2018 | $300K Seed |