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1893

Sushil Vaishnav

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Sushil Vaishnav
CEO & Co-Founder of
ECOIL (2019)
About

Sushil Vaishnav is Co-Founder and CEO of ECOIL, a Jaipur-based waste-to-energy startup pioneering India's circular economy for used cooking oil by converting it into clean biodiesel and sustainable aviation fuel.

Before founding

A food technologist with over 15 years of experience, Sushil noticed the critical health and environmental risks of improperly disposed cooking oil and, alongside co-founder Kirti Vaishnav, leveraged their backgrounds in supply chain management and blockchain technology to build a structured solution.

Founder Insights

Sushil started ECOIL humbly, personally collecting used cooking oil on his bike one batch at a time, driven by a mission to prevent recontamination of the food chain and reduce carbon emissions across India.

Experience

ECOIL gained recognition on Shark Tank India Season 4, securing a deal at a valuation of Rs 50 crore, and has attracted backing from Shell, IIM Ahmedabad, The Chennai Angels, Caspian Impact Investment, and Momentum Capital.

Scale & Impact

ECOIL now collects approximately 400,000 kilograms of used cooking oil monthly across 16 warehouses in over 800 cities, achieving an 85% biodiesel yield and recently closing a $2.5 million Series A round to accelerate national expansion.

1893

Sushil Vaishnav

ECOIL
Co-Founder
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Sushil Vaishnav

Company(s)

ECOIL

Industry

Climate / Social Tech

Year Founded

2019

Stage/Funding

Series A • $2.5M

Company Location

in

Connect

About

Sushil Vaishnav is Co-Founder and CEO of ECOIL, a Jaipur-based waste-to-energy startup pioneering India's circular economy for used cooking oil by converting it into clean biodiesel and sustainable aviation fuel.

Before founding

A food technologist with over 15 years of experience, Sushil noticed the critical health and environmental risks of improperly disposed cooking oil and, alongside co-founder Kirti Vaishnav, leveraged their backgrounds in supply chain management and blockchain technology to build a structured solution.

Founder Insights

Sushil started ECOIL humbly, personally collecting used cooking oil on his bike one batch at a time, driven by a mission to prevent recontamination of the food chain and reduce carbon emissions across India.

Experience

ECOIL gained recognition on Shark Tank India Season 4, securing a deal at a valuation of Rs 50 crore, and has attracted backing from Shell, IIM Ahmedabad, The Chennai Angels, Caspian Impact Investment, and Momentum Capital.

Scale & Impact

ECOIL now collects approximately 400,000 kilograms of used cooking oil monthly across 16 warehouses in over 800 cities, achieving an 85% biodiesel yield and recently closing a $2.5 million Series A round to accelerate national expansion.

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