The sustainable waste management firm Goodeebag is targeting over 300 per cent growth in revenue for the fiscal year 2024-25. Building on its recent expansion initiatives, the company aims to surpass the previous targets in revenue in a move towards environmental stewardship and business excellence.

“The surge in projected revenue is attributed to Goodeebag’s strategic expansion plans in cities beyond its home base of Hyderabad,” the company said in a press release. With upcoming launch plans in Chandigarh, Guwahati and Jaipur, Goodeebag aims to tap into new markets and serve a broader customer base with its innovative waste management solutions.

Earlier this year, Goodeebag reported a notable surge in both new customer acquisitions and waste pick-ups. The company witnessed a 40 per cent increase in new customers and a 25 per cent rise in waste pick-ups over the past three months in February 2024.

Abhishiek Agarwal, Founder and Chief Executive Officer (CEO), Goodeebag said, “With our expansion into new cities and the continued support of our valued customers, we are poised to achieve new heights of success while making a meaningful impact on the environment.