Exim Routes

About the Company

Exim Routes Limited, founded in 2019 and converted into a public company in 2024, operates as a global platform enabling the exchange of recyclable paper materials. Led by promoters Mr. Manish Goyal and Mr. Govind Rai Garg, the company supports Indian paper mills through end-to-end services including sourcing, inventory matching, logistics coordination, and quality assurance. Its AI-powered ERIS platform enhances price discovery, market intelligence, and supply chain efficiency. With international subsidiaries facilitating compliant procurement due to regulatory restrictions in India, Exim Routes follows a technology-led intermediary model supported by diversified revenue streams across recyclable paper trading, managed services, and logistics. The company’s strengths lie in its digital ecosystem, global sourcing structure, integrated operations, and industry-focused expertise.

Strengths

• AI-powered ERIS platform improves supply-chain visibility and decision-making.
• Global subsidiary network enables compliant sourcing and diversified procurement.
• End-to-end service model strengthens customer stickiness with Indian paper mills.
• Strong revenue base driven primarily by recyclable paper trading operations.
• Experienced promoters with deep domain and operational expertise.

Risks

• High dependence on recyclable paper trading exposes revenue to market cycles.
• Regulatory restrictions in India force reliance on foreign subsidiaries for sourcing.
• Significant trade receivables may strain liquidity and working capital.
• Technology obsolescence risk if ERIS is not upgraded timely.
• Working-capital–intensive operations require continuous funding support.