ECOIL raises around $2.5 mn Series A led by Fundalogical Ventures

ECOIL has raised around $2.5 million in a Series A round led by Fundalogical Ventures, with Caspian Impact Investment and Momentum Capital participating. Founded by Sushil Vaishnav and Kirtti Vaishnav, the startup focuses on organised collection of used cooking oil to support biofuel production and prevent unsafe reuse.