Vaibhav Pakhale (Scrapdeal)
Overview
Vaibhav Pakhale is the co-founder and Chief Financial Officer (CFO) of Scrapdeal, a pioneering tech-enabled waste management startup based in Pune, India. Known for revolutionizing the traditional scrap collection system through a digital platform, Scrapdeal offers an easy, eco-friendly solution for waste disposal. Launched in 2019, the startup has innovated the process of recycling by providing doorstep collection services through a user-friendly mobile app, aiming to reduce landfill waste significantly. Vaibhav, along with his brothers Jayesh and Ganesh, has turned Scrapdeal into a successful enterprise that recycles over 10 lakh kilograms of waste and has built a business valued at ₹2 crore, without any external funding.
Recent Developments
-
July 2025: Scrapdeal Recycling Private Limited was incorporated as a private limited company in Pune, India, marking a significant milestone in its organizational structure (Falcon Ebiz).
-
June 2025: Scrapdeal announced plans to expand its operations to Mumbai, Nashik, and Bengaluru, focusing on setting up micro-warehouses and eventually dedicated recycling units to enhance recycling efficiency and reduce carbon footprints (The Better India).
-
June 2025: The startup was recognized for its tech-enabled waste management solutions at a local sustainability event in Pune, highlighting its role in promoting environmental consciousness and livelihood support (Instagram).
-
May 2025: Scrapdeal introduced features like AI-based waste sorting and carbon footprint trackers in their app, aiming to provide a more transparent and accountable recycling process (Hindustan Times).
-
March 2025: The company expanded its reach to include collaborations with over 500 residential societies and 100 corporations, enhancing its B2C service offerings in waste management (Instagram).
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Vaibhav Ashok Pakhale |
| Born | Not publicly available |
| Nationality | Indian |
| Occupation | Entrepreneur, CFO at Scrapdeal |
| Known For | Co-founding Scrapdeal |
| Net Worth | Not publicly available |
| Education | Not publicly available |
Early Life and Education
Little publicly available information is provided about Vaibhav Pakhale's early life and education. As detailed by his brother Jayesh, Vaibhav, alongside his brothers, was integral in the development of Scrapdeal following Jayesh's initial ventures into the waste management industry during his college years. Vaibhav's contribution has primarily been in shaping the financial direction of the company. He is described to have joined Scrapdeal when it was transitioning from a proprietorship to a partnership post the challenges posed by the COVID-19 pandemic (Hindustan Times).
Career and Notable Achievements
Vaibhav Pakhale's career achievements are most prominently marked by his role as a co-founder of Scrapdeal, where he excels in financial management:
- 2019: Helped launch Scrapdeal, streamlining scrap collection with a tech twist.
- 2021: The company converted from a proprietorship to a partnership, with the brothers initially investing ₹1 lakh each to become equal partners, marking a pivotal growth phase for Scrapdeal.
- 2025: Instrumental in the official registration of Scrapdeal Recycling Private Limited, with an authorized capital of ₹1 lakh.
- The startup processes significant volumes of recyclable materials, including more than 10 lakh kilograms in a few years, fostering a business turnover of ₹2 crore.
Current Work and Impact
Currently, Vaibhav Pakhale continues to serve as the CFO of Scrapdeal, where his primary responsibilities include financial management and funding strategies. Under his stewardship, Scrapdeal has expanded its operations into new cities, pushing the boundaries of traditional waste management models. His financial strategies have ensured that Scrapdeal remains a bootstrapped entity, demonstrating profitability from day one, a feat uncommon in startup culture. The impact of Scrapdeal under Vaibhav's co-leadership includes not only significant reductions in landfill waste but also a positive social impact through the creation of jobs and support for numerous indirect workers (The Better India).
Conclusion
Vaibhav Pakhale's role in Scrapdeal illustrates the power of innovative thinking in environmental management. By digitizing an area as traditional as scrap collection, Vaibhav, along with his brothers, is forging a path that could radically transform how individuals and businesses view and manage waste. His financial acumen has shielded the company from dependency on external funding, a rare feat in the startup ecosystem. The company's growth trajectory and future plans for expansion in major cities underscore its potential to shape a more sustainable and efficient waste management future.