Today in this write-up, I will share the success story of one such man who has just revolutionized the sanitary waste management industry with his innovative product. His name is Ajinkya Dhariya and welcome to this Ajinkya Dhariya Biography to learn about real entrepreneurial zeal. Ajinkya’s startup name is PadCare Labs which has innovated a technology for the safe disposal of sanitary waste and recycling.
He had a great journey that has a lot to say, so stay tuned and keep reading this inspirational life story of Ajinkya Dhariya who has also appeared in the Shark Tank India Season 2 and was appreciated by each Shark for such an innovative product that has revolutionary potential. So let’s start this Ajinkya Dhariya story of success from the beginning.
Table of Contents
- Ajinkya Dhariya founded PadCare Labs Pvt Ltd in July 2018 with the aim of creating a sustainable society by enhancing hygiene standards.
- He also appeared in Shark Tank India Season 2 in order to raise funding and he was the one who was offered a blank check by Peyush Bansal.
- Ajinkya was named to Forbes 30 Under 30 and Entrepreneur 35 Under 35.
Ajinkya Dhariya Biography
Ajinkya Dhariya was born in 1996 in Maharashtra, India. After his successful pitch on Shark Tank India Season 2, people started calling him Pad Man of 2023 as his startup PadCare Labs has created the World’s first Sanitary waste recycling technology. There is an interesting story behind the idea of PadCare Labs that I have shared ahead. As of 2023, Ajinkya Dhariya’s age is 27 years.
Currently, Ajinkya is working as the CEO of PadCare Labs, a Mechanical Engineer by heart, and has collaborated with ISRO, IIT Delhi, and Nano X to find and create the solution to the problem he recognized with the disposal method of sanitary waste. For his incredible work, he has been also named to the Forbes India 30 Under 30, Entrepreneur 35 Under 35, and has won several other awards as well.
|Full Name||Ajinkya Dhariya|
|Date of Birth||1996|
|Age||27 Years (As of 2023)|
|Father’s Name||Not Known|
|Mother’s Name||Not Known|
|School Name||DG Ruparel College of Arts, Science and Commerce|
|Qualification||Bachelor of Technology (BTech)|
|College Name||Shri Guru Gobind Singhji Institute of Engineering and Technology|
|Business Name||PadCare Labs Pvt Ltd|
|Current Position||Founder & CEO|
|Featured (2023)||Entrepreneur 35 Under 35|
|Net Worth||Rs 8 Crore|
Ajinkya Dhariya Education
Ajinkya was born and raised in Maharashtra and thus he also completed his early education in the state. He attended the DG Ruparel College of Arts, Science, and Commerce from 2011 – 2013 for his Higher Secondary Education and he pursued Science subject.
After completing his schooling, Ajinkya then attended Shri Guru Gobind Singhji Institute of Engineering and Technology, Vishnupuri, Nanded, Maharashtra to pursue a Bachelor of Technology (B. Tech.) in Mechanical Engineering from 2013 to 2017. He united his love for Mechanical Engineering with the entrepreneur and hence Ajinkya Dhariya PadCare Labs was born in 2018.
Ajinkya Dhariya Family
In Ajinkya Dhariya’s family, there are his parents and siblings but unfortunately, he has not revealed any information about his family members. During his pitch on Shark Tank India, he mentioned that his mother never hid anything about menstruation in women and thus Ajinkya was already familiar with Sanitary Pads and wastes. His entire family would have been very proud of him.
Ajinkya Dhariya Career
Right after completing his engineering, Ajinkya joined Grind Master Machines Pvt Ltd in June 2017 and worked for a year, initial 4 months as a GTE, R&D and last 9 months as an R&D Engineer. He also worked as an R&D Engineer in Nano X which is a joint venture between IIT Delhi and Grind Master Machines.
He left the company in May 2018 and Ajinkya founded PadCare Labs in July 2018 with the only objective to change the method of sanitary waste management. Through lots of research and development, Ajinkya innovated a product that is called a vending machine for the safe disposal and recycling of sanitary waste.
Apart from that, in February 2021, he joined the Royal Academy of Engineering as one of the Leaders in Innovation Fellowship Programmes for around 11 months.
Must Read: Top 12 Business Leaders In India 2023 – Inspiration For Youth
Ajinkya Dhariya PadCare Labs
Once Ajinkya reached a sanitary waste management site where sanitary waste was being managed by manual landfilling method, whereas in this method the waste takes 800 years to be decomposed. From there he got the idea of creating a technology that could decompose and recycle sanitary waste immediately.
In 2018, Ajinkya Dhariya PadCare Labs was started and it is a DIPP (Department of Industrial Policy and Promotion) certified company, that has a simple approach to creating ultimate solutions for waste management and creating a sustainable society with enhanced hygiene practices. His intentions are so noble that everyone appreciates him, even the Government of India.
Ajinkya Dhariya PadCare Labs basically provides a four-step recycling process – 1. Menstruators can dispose of their menstrual products in the PadCare bins that will be installed in the bathrooms of workplaces, residences, & community places. 2. PadCare Service Staff will collect the menstrual waste once in a month. 3. The collected menstrual waste will be recycled in plastic and pulps through the 5D Technology in the recycling machine of PadCare. 4. Then PadCare makes useful products like plastic bags, papers, and others by the recycled plastic and pulp.
Want To Know: Who has been named to Forbes 30 Under 30 List?
Ajinkya Dhariya Shark Tank India
In order to raise funding, Ajinkya Dhariya appeared in the Indian Business reality show, Shark Tank India Season 2. His episode was aired on 1 February 2023 and he asked for 50 lakhs in exchange for 2% equity but everyone just loved his product and services that they all were ready to invest in Ajinkya Dhariya PadCare Labs. Even Peyush Bansal, the founder and CEO of Lenskart told him to take 1Cr, 2Cr, or whatever he needed, he even offered a blank check.
In the end, the deal was locked with Peyush Bansal, Vineeta Singh, Namita Thapar, and Anupam Mittal for 1 Crore in exchange for 4% equity. Aman Gupta was out of the deal due to personal reasons.
Ajinkya Dhariya Net Worth
The estimated Ajinkya Dhariya net worth is approximately Rs 8 Crore as of 2023. His main source of earnings is his business PadCare.
Ajinkya Dhariya Awards & Recognitions
In this Ajinkya Dhariya Biography, I have shared the inspirational success story of the entrepreneur. For his incredible work and innovations, he has been honored with several awards and he has also been featured on various lists. So here I am sharing the list of Ajinkya Dhariya awards & recognitions below.
- FICCI Indian Circular Economy Award
- ASME ISHOW 2020
- Maharashtra Startup Week winner 2018
- BIRAC Innovation Challenge Award, SoCH (January 2019)
- Infosys Aarohan Award (March 2019)
- Atal New Innovation India Challenge (March 2019)
- Most Innovative Startup Award 2019
- Tata Social Entrepreneurship Challange 2020
- National Bio Entrepreneurship Conclave 2020
- FICCI – Best Sanitation Startup 2020
- Forbes 30 Under 30 Asia 2021
- Entrepreneur 35 under 35 2023
Read Also: Who has been named to Fortune India 40 Under 40?
Ajinkya Dhariya Wife
Ajinkya Dhariya is not married yet but he engaged to Shiwani Santikar on 10 March 2023. Ajinkya Dhariya and Shiwani have been together for the last 8 years and finally, they will tie the knot soon.
Ajinkya Dhariya Social Media
Through this Ajinkya Dhariya biography, I have shared all the crucial details about the entrepreneur and you might be interested in following him as he is available on various social media platforms including Instagram, Facebook, Twitter, LinkedIn, etc. where you can follow him and can stay connected with him.
Ajinkya Dhariya Instagram username is @ajinkya_dhariya and he has more than 2,668 followers on Instagram and his Facebook username is Ajinkya Dhariya and his Twitter handle name is @Ajinkya_Dhariya.
Ajinkya Dhariya LinkedIn username is Ajinkya Dhariya and he has more than 18,867 followers and 500+ connections on LinkedIn.
Check Also: Who Has Beeb Featured On The Entrepreneur 35 Under 35 List of 2023?
Interesting Facts About Ajinkya Dhariya
We have learned everything about the entrepreneur in this life story of PadCare Labs Founder & CEO Ajinkya Dhariya, and thus you must have read up on these facts about Ajinkya Dhariya. So here I am sharing some interesting and lesser-known facts about Ajinkya Dhariya.
- Ajinkya is a mechanical engineer and he used his passion for mechanical engineering to innovate a product.
- Ajinkya founded PadCare Labs in 2018, When he talked about his plan regarding PadCare, his family was so happy for him.
- He believes that his family, especially his mother is the inspiration behind his whole career.
- PadCare Labs is the first startup to innovate sanitary waste-safe disposal and recycling technology in the world.
- Ajinkya was the one who was offered a blank check on Shark Tank India Season 2 by Peyush Bansal.
- He was named to the 30 Under 30 List by Forbes.
- Ajinkya Dhariya PadCare is a DIPP-certified and Government of India-backed startup.
- They recycle approximately 240 lakh pads per year.
- Ajinkya Dhariya is recently engaged to his long-time friend Shiwani Santikar.
- He is also named to the Entrepreneur 35 Under 35 List of 2023.
Want To Read: The Biography of Your Favorite Entrepreneur?
Through this PadCare Founder & CEO Ajinkya Dhariya’s life story we have learned that nothing is impossible when you have the zeal and confidence to accomplish your goals. Observing problems and creating solutions is the identity of entrepreneurs.
In this write-up, I have tried to provide you with every keen detail about the entrepreneur including Ajinkya Dhariya date of birth, Ajinkya Dhariya age, Ajinkya Dhariya education, Ajinkya Dhariya career, Ajinkya Dhariya Shark Tank India, Ajinkya Dhariya net worth, Ajinkya Dhariya awards & recognitions, Ajinkya Dhariya wife, Ajinkya Dhariya social media, facts about Ajinkya Dhariya, etc.
Hope this PadCare Founder & CEO Ajinkya Dhariya success story was inspirational for you and the content I have provided was also useful and informative enough for you. Thanks for reading.
Who is Ajinkya dhariya?
Ajinkya Dhariya is the founder and CEO of PadCare Labs Private Limited. He studied B. Tech. in Mechanical Engineering and started his career with Grind Master Machines as an R&D Engineer in 2017 and founded PadCare Labs in July 2018.
Which shark invested in PadCare?
Ajinkya went into Shark Tank India S2 in order to raise funding of 50 Lakhs in exchange for 2% equity but all the Sharks were so impressed by his product and approach so the deal was locked on 1 Cr for 4% equity with Peyush Bansal, Namita Thapar, Vineeta Singh, and Anupam Mittal. During the conversation, Peyush also offered him a blank check.
Which episode of Shark Tank is PadCare?
Ajinkya Dhariya PadCare appeared in Shark Tank India Season 2 Episode 23, aired on 1 February 2023, it is now also available on YouTube.
What is the age of Ajinkya Dhariya?
PadCare Founder & CEO Ajinkya Dhariya age is 27 years as of 2023.