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Green Gene Enviro Protection and Infrastructure (GGEPIL) has raised INR 90 crore from JM Financial Private Equity, the SRF family office and other investors to expand its environmental infrastructure operations. The company operates in hazardous waste collection, treatment and processing across sectors such as chemicals, pharmaceuticals and automotive. The funding reflects increasing investor interest in waste management businesses amid tightening environmental regulations and rising demand for sustainable disposal solutions. The investment was made through JM Financial India Growth Fund III. The capital is expected to support GGEPIL’s capacity expansion and strengthen its role in converting industrial waste into alternative energy, aligning with broader sustainability and compliance trends.
Green Gene Enviro Protection and Infrastructure Ltd (GGEPIL) has raised INR 90 crore from JM Financial Private Equity, the SRF family office and other investors, as it looks to expand its operations in hazardous waste management and environmental infrastructure. Advertisement
The company announced in the past week that the investment was led by JM Financial Private Equity through its JM Financial India Growth Fund III, a sector-agnostic investment vehicle. The fund has previously invested in companies across sectors including healthcare, agriculture, technology and consumer businesses.
GGEPIL operates in the collection, treatment and processing of hazardous waste generated by industries such as chemicals, pharmaceuticals, agrochemicals and automotive manufacturing. The company also focuses on converting such waste into alternative energy, supporting industrial sustainability and regulatory compliance.
The investment comes amid increasing focus on environmental regulations and the need for structured waste management solutions across industrial sectors. With regulatory frameworks tightening, demand for organised waste processing and disposal infrastructure has been rising.
Vinit Rai, Managing Director at JM Financial Private Equity, indicated that the company sees long-term growth potential in the environmental infrastructure segment, supported by regulatory changes and increasing adoption of responsible waste management practices across industries.
The capital raised is expected to be deployed towards expanding GGEPIL’s operational capacity, strengthening processing capabilities and supporting future growth initiatives. The company’s business model is aligned with circular economy principles, where industrial waste is processed and repurposed into usable energy forms.
JM Financial India Growth Fund III has made multiple investments across sectors, including API Holdings, Bighaat Agro, Silveredge Technologies, Energy Beverages, Modish Tractoraurkisan, Asquare Foods and Beverages, and The Bear House. The fund has also completed an exit from Aarman Solutions, reflecting its ongoing portfolio management strategy.
The participation of institutional and family office capital in the funding round highlights growing investor interest in sustainability-linked infrastructure businesses. Environmental services, particularly hazardous waste management, are increasingly being viewed as essential infrastructure due to compliance requirements and industrial expansion.
GGEPIL’s operations cater to a wide range of manufacturing industries, where handling and disposal of hazardous waste remain critical for operational continuity and regulatory adherence. The ability to process such waste into alternative energy also adds an additional revenue stream while supporting sustainability goals.
The transaction reflects a broader trend of capital deployment into environmental infrastructure, as investors seek exposure to sectors benefiting from policy support, regulatory enforcement and long-term demand fundamentals.
Source - PTI
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