PadCare Raises $3 Mn to Scale Sanitary Waste Recycling Capacity

PadCare Labs Raises $3 Mn in Pre-Series A Led by Nithin Kamath's Rainmatter with participation from 3one4 Capital and Brigade REAP

PadCare Labs, a clean-technology startup focused on sanitary waste recycling, has raised $3 million in a Pre-Series A funding round to scale its recycling capacity to 2,000 MT annually by March 2027 and launch Orbit, an app-based offering for housing societies. Led by Rainmatter by Zerodha, the equity and debt mix round witnessed new participation from 3one4 Capital, Brigade REAP and PKRBCV Shroff Trust, and backing from existing investors Lavni…

PadCare Labs Raises $3 Million in Pre-Series A Led by Rainmatter

The Pre-Series A funding round includes a combination of equity and debt financing. PadCare Labs currently operates in 24 Indian cities, managing more than 2,000 sites and serving over 685 clients across enterprises, manufacturing facilities, and residential communities. The company has maintained profitability at the PAT level for two consecutive years, consistently delivering EBITDA margins of 26%. India | February 10, 2026: PadCare Labs, Indi…

PadCare Raises $3 Mn to Scale Sanitary Waste Recycling Capacity

Cleantech startup PadCare has secured $3 Mn (INR 27.2 Cr) in a pre-Series A funding round led by Zerodha’s investment arm Rainmatter. The funding round, which comprised a mix of equity and debt, also saw participation from 3one4 Capital, Brigade Group and PKRBCV Shroff Trust, alongside its existing investors Lavni Ventures and 3i Partners. Founded in 2018 by Ajinkya Dhariya, PadCare has built a proprietary technology to safely collect and recycl…