Make data-driven decisions to improve longevity

An online platform to sell scrap.

Categories

Logistics, Recycling, Consumer Services,

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Reasons for Shutdown

Poor Business Model

Unsustainable business model.

EnCashea business model operated on thin margins. However, it required increasing working capital.
The founder felt that it was enough to support an early stage venture with the 15-20% of raised capital, which they have decided to return to investors rather than burn the cash on an unsustainable business.

Failed Fundraising

Failed to raise more funds.

The company failed to raise new round of investment because the VC community was not really interested in the waste management space.

Direct Competitors and Similar Companies

Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%

No.	Image	Name	Similarity score	Description	Industry	Categories	Location	Ownership status	Entity type	Stage of development	Transactional model type	Defensibility moats	Last financing round	Total raised	Post-money valuation	Last financing date	No. of funding round(s)	No. of investors	Investors	Total revenue	Market capitalization	No. of investments	No. of acquisitions	No. of board seats taken	Competition	Management	No. of employees	Company reputation	Contact info	Operational status	Operational duration	Shutdown date	Founded date	Legal name	Former legal name(s)	Ticker
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Investors

No.	Image	Name	Investor type	Description	Location	Preferred investment stage(s)	Stages invested in	Assets under management (AUM)	Investment range	Investment sweet spot	Preferred investment focus	Preferred investment geography	No. of investments	No. of lead investments	No. of follow-on investments	No. of co-investments	Portfolio companies	No. of exits	Total exit value	No. of failed investments	Loss on investments	No. of acquisitions	No. of board seats taken	No. of funds	Limited partners	Co-investors	No. of partners	Partners	No. of employees	Management	Board members	Founders	Investor reputation	Contact info	Entity type	Legal name	Former legal name(s)	Founded date	Ticker
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Leadership

No.	Name	Previous designation	Previous company	Previous biography	Previous profile type	Previous location	Experience	Education	Reputation	Current company	Current designation	Current biography	Current profile type	Current location	No. of investments	No. of exits	Total exit value	No. of board seats taken	Contact info
1.	Harshal Chaudharl	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
2.	Priyank Jain	CEO	-	-	-	-	-	-	-	Technetto	-	-	-	-	-	-	-	-	-
3.	Rahul Jaiswal	Co-founder	-	-	-	-	-	-	-	EnCashea	-	-	-	-	-	-	-	-	-

Funding

No.	Financing date	Financing round	Total amount raised	Post-money valuation	Financial viability	Fundraising target amount	Remaining target amount	Financing type	No. of investors	Board seats	Lead investors	Entity type	Financing status
1.	1 Aug 2016	Seed Round	-	-	-	-	-	-	-	-	-	-	-