Texool
Texool is a Mumbai-based family-owned textile recycling and upcycling enterprise operating shoddy spinning plants in Punjab, Haryana, and Kandla SEZ, selling recycled yarn to B2B manufacturers and upcycled fashion accessories to consumers under the I AM NOT A VIRGIN and I AM SO WASTED brands.
- Company typePrivate
- Founded1974
- HeadquartersMumbai, India
- Headcount51–100
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Texool does
Texool Limited is a Mumbai-headquartered textile recycling and upcycling enterprise operating across three legal entities: Texool Limited (the family parent, tracing its origins to 1974 as a sole concessionary for overseas textile recycling raw material suppliers), Authentic Impex (a wholly-owned upcycling arm established in 2009 that converts imported post-consumer hotel and restaurant bed and table linen into fashion accessories), and Texool ReFashion Pvt. Ltd. (a wholly-owned subsidiary incorporated in 2023 to recycle post-consumer textiles and manufacture consumer lifestyle products under the I AM NOT A VIRGIN and I AM SO WASTED brands). The company operates shoddy recycling spinning plants in Punjab and Haryana, holds the distinction of being the first textile recycling unit established in the Kandla Special Economic Zone (2003), and is GRS-certified by Intertek India and certified as an Upcycled Textile Manufacturer by India's Ministry of Textiles. Manufacturing claims a virtually zero carbon and water footprint across operations.
The business monetizes through three streams: B2B sales of recycled yarn and textile inputs to manufacturers, B2C sales of upcycled fashion accessories and apparel via the iamsowasted.in e-commerce storefront and Instagram Shop under the I AM NOT A VIRGIN and I AM SO WASTED brands, and reverse-logistics collection services through the Second Chance Bins initiative launched in Mumbai and Navi Mumbai in June 2024. Customers are fragmented across environmentally conscious individual consumers, textile manufacturers seeking sustainable raw materials, and corporate/institutional clients (hotels, restaurants, the Indian Navy). Marketing relies on organic social (Instagram, Facebook), content, and earned media (Wall Street Journal, Business Insider, Voice of Fashion, The Better India, Asian Age). The company is a privately held family enterprise with 51-100 employees, no disclosed external investors, no funding rounds, and no published revenue or pricing data.
Texool firmographics
Firmographics- Name
- Texool
- Legal name
- Texool Limited
- Website
- https://texool.com
- Company type
- Private
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Texool is a Mumbai-based family-owned textile recycling and upcycling enterprise operating shoddy spinning plants in Punjab, Haryana, and Kandla SEZ, selling recycled yarn to B2B manufacturers and upcycled fashion accessories to consumers under the I AM NOT A VIRGIN and I AM SO WASTED brands.
- Ownership category
- akta.pro rank
Texool industry classification
Industry- Product category
- Textile Recycling and Upcycled Apparel
- NAICS
- Fiber, Yarn, and Thread Mills (31311)
- SIC
- Textile Mill Products (2200), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300)
- akta.pro primary industry
- Regenerated & Recycled Fiber Production (rPET/rNylon/Regenerated Cellulose) (IMAOAMAD)
- akta.pro secondary industries
- Textile & Apparel Recycling and Sorting (Non-E-waste) (BPALADAL), Blended-Fiber Separation & Material Recovery (Cotton-Poly/Elastane Blends) (IMAOAMAF)
Keywords
Where Texool is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Texool business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Upcycled Fashion Accessories: Sale of fashion accessories manufactured from upcycled post-consumer textiles under I AM NOT A VIRGIN and I AM SO WASTED brands
- Recycled Yarn and Textile Products: Production and sale of recycled yarn and textile products from textile recycling operations
- Textile Collection Services: Collection of post-consumer textiles through Second Chance Bins initiative for responsible recycling and upcycling
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Texool product offering
Product offeringCore offering
Texool Limited is a textile recycling and upcycling company that converts post-consumer textiles—primarily imported hotel and restaurant bed and table linen—into recycled yarn, upcycled fashion accessories, and recycled lifestyle products. It operates recycling spinning plants in Punjab, Haryana, and the Kandla SEZ, and sells its consumer offerings under registered brands I AM NOT A VIRGIN and I AM SO WASTED via direct e-commerce.
Product overview
Texool is a textile recycling and upcycling enterprise with three distinct operational arms: (1) Texool Limited operates recycling spinning plants in Punjab, Haryana, and a Special Economic Zone unit in Kandla; (2) Authentic Impex serves as the upcycling arm, converting imported post-consumer hotel and restaurant bed and table linen into fashion accessories; and (3) Texool ReFashion manufactures recycled lifestyle products. The company drives its circular economy mission through the Second Chance Bins collection initiative and two consumer-facing brands—'I AM SO WASTED' (recycled lifestyle products) and 'I AM NOT A VIRGIN' (upcycled fashion accessories)—with GRS certification and Ministry of Textiles recognition as an Upcycled Textile Manufacturer.
Differentiator
Problem solved
Functional benefit
Brands
- I AM NOT A VIRGIN: Registered brand focusing on upcycled fashion accessories and sustainable lifestyle products
- I AM SO WASTED
Products and services
- I AM SO WASTED
- I AM NOT A VIRGIN
- Second Chance Bins Post-consumer textile collection service operating fitted collection bins across Mumbai and Navi Mumbai, enabling hotels, restaurants, corporates, and individuals to dispose of used textiles for responsible recycling and upcycling, reducing solid waste burden.
- Recycled Yarn and Recycled Textile Products Recycled yarn and textile products produced at Texool's shoddy recycling spinning plants in Punjab and Haryana and its first-in-SEZ recycling unit in Kandla, supplied to textile manufacturers seeking GRS-certified sustainable inputs.
Quantifiable outcome
- Virtually zero carbon and water footprint in operations
- +1 more outcomes
Companies that use Texool
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Texool technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Texool partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Indian NavyflagshipThe Indian Navy inaugurated Texool's Second Chance Bins initiative at NOFRA on World Environment Day 2024, marking a significant partnership for post-consumer textile collection across Mumbai and Navi Mumbai
Scale indicators2 records
Recent moves8 records
Expansion highlights5 records
Texool competitors and assessment
Company assessmentBroad incumbents
- Welspun India: One of India's largest home textiles and flooring manufacturers with ESG-driven recycled product lines. Comparable as a large Indian textile platform with growing sustainability focus.
- Trident Group: Indian vertically-integrated textile and paper manufacturer with sustainability and recycled-fiber initiatives. Operates at much larger scale than Texool in adjacent textile categories.
- Patagonia: Global apparel leader in circular and recycled-textile products. Comparable as a brand-led sustainable apparel player, though at vastly larger scale and Western-focused.
- Birla Cellulose (Liva Revive): India's largest regenerated cellulose fiber producer with Liva Revive, a recycled-content fiber offering. A natural India-based incumbent competitor for recycled fiber supply to apparel brands.
- Raymond Limited: Indian textile and apparel conglomerate with sustainability initiatives and recycled fabric offerings. Comparable as a large Indian incumbent moving into circular textiles.
Direct peers
- Re&Up (Sanko Group): Turkish textile-to-textile recycling platform converting post-consumer waste into recycled cotton and polyester fibers. Directly comparable as an industrial-scale textile recycler serving apparel brands.
- Circ: US-based textile recycler that separates and recovers polyester and cellulose from blended post-consumer clothing for fiber-to-fiber recycling. Operates a similar feedstock-to-recycled-fiber chain as Texool.
- Worn Again Technologies: UK-based chemical recycler converting post-consumer textiles into polyester and cellulose raw materials for re-entry into apparel supply chains. Closest global analog to Texool's recycled yarn and upcycling model.
- Recover Brands: US apparel brand that manufactures clothing from recycled fibers (including post-consumer textiles). Comparable to Texool's branded upcycled/recycled consumer products (I AM SO WASTED).
Regional players
- EcoRight: India-focused sustainability and waste management platform supporting circular textile and apparel value chains. Regionally adjacent peer addressing similar Indian sustainable-textile challenges.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Texool social profiles
Digital presenceTexool compliance and trust
Trust signalCompliance2 records
Texool financial estimates
Financial estimateRevenue estimate
Valuation estimate
Texool leadership team
Management profileNumber of profiles
Texool subsidiaries and ownership
Company hierarchySubsidiaries2 records
Texool funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Texool M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Texool
What does Texool do?
Texool Limited is a textile recycling and upcycling company that converts post-consumer textiles—primarily imported hotel and restaurant bed and table linen—into recycled yarn, upcycled fashion accessories, and recycled lifestyle products. It operates recycling spinning plants in Punjab, Haryana, and the Kandla SEZ, and sells its consumer offerings under registered brands I AM NOT A VIRGIN and I AM SO WASTED via direct e-commerce.
Is Texool a public or private company?
Texool is a private company. It is classified as family owned and is currently operating.
When was Texool founded?
Texool was founded in 1974. It employs 51 to 100 people.
Where is Texool based?
Texool is headquartered in Mumbai, India, in the Asia region.
How does Texool make money?
Three revenue lines are on record. Upcycled Fashion Accessories are the primary driver. The others are recycled Yarn and Textile Products and textile Collection Services.
Who are Texool's main competitors?
Broad incumbents on record are Welspun India, Trident Group, Patagonia, Birla Cellulose (Liva Revive) and Raymond Limited. Direct peers are Re&Up (Sanko Group), Circ, Worn Again Technologies and Recover Brands. EcoRight is listed as a regional player.
Does Texool have an API?
No public API is recorded for Texool.
What industry is Texool in?
Texool's product category is Textile Recycling and Upcycled Apparel. Its primary akta.pro industry code is IMAOAMAD, Regenerated & Recycled Fiber Production (rPET/rNylon/Regenerated Cellulose), with a secondary code of BPALADAL, Textile & Apparel Recycling and Sorting (Non-E-waste). Its NAICS code is 31311 and its SIC code is 2200.