Green Gene Enviro Protection and Infrastructure (GGEPIL) has raised Rs 90 crore from JM Financial Private Equity, the SRF family office, and other investors to scale its environmental infrastructure and waste-to-energy operations in India.
Key Highlights
- GGEPIL raises Rs 90 crore from JM Financial PE, SRF family office, others.
- Funding to boost hazardous waste processing and waste-to-energy capabilities.
GGEPIL operates in the hazardous waste management sector, focusing on the collection, treatment, and processing of industrial waste generated across industries such as chemicals, pharmaceuticals, agrochemicals, and automotive. The company converts such waste into alternative energy, supporting sustainable industrial practices.
Commenting on the investment, Vinit Rai, Managing Director at JM Financial Private Equity highlighted, "As regulations tighten and demand for responsible waste management grows, we see significant long-term potential.”
The funding comes amid increasing regulatory focus on environmental compliance and rising demand for sustainable waste management solutions in India. The capital infusion is expected to help GGEPIL expand its infrastructure and strengthen its waste-to-energy capabilities.
Also Read: Zoff Foods Secures $2 Million from JM Financial Private Equity
The investment was made through JM Financial India Growth Fund III, a sector-agnostic fund that has backed companies such as API Holdings, BigHaat Agro, SilverEdge Technologies, Energy Beverages, Modish Tractoraurkisan, Asquare Foods and Beverages, and The Bear House.
The firm has also exited investments such as Aarman Solutions, reflecting its strategy of supporting growth-stage companies across sectors.
