December 11, 2024

Top 10 Circular Economy Startups in India

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Top 10 Circular Economy Startups in India

India’s top Circular Economy startups are at the forefront of sustainable innovation, tackling environmental challenges with groundbreaking solutions. Lohum leads in Li-ion battery recycling, providing raw materials for renewable energy storage and electric vehicles. Attero specializes in end-to-end electronic waste recycling, extracting precious metals through eco-friendly processes. Let’s Recycle manages dry waste, enhancing recycling rates across various sectors. GPS Renewables pioneers biogas technology to convert organic waste into clean energy alternatives. Phool offers eco-friendly products like scented candles from recycled flowers. Banyan Nation excels in industrial plastic recycling, while Saahas Zero Waste develops waste management solutions for diverse consumers. These startups exemplify India’s commitment to circular economy principles, fostering sustainability and resource efficiency nationwide.

1.Lohum

Overview: Lohum specializes in manufacturing Li-ion battery packs and recycling battery components for renewable energy storage in various sectors including electric vehicles and portable electronics. Innovation: They use advanced recycling technologies to repurpose battery materials sustainably, reducing environmental impact.

Impact: Lohum’s solutions contribute to reducing e-waste and carbon footprint by enabling the reuse of critical battery materials, crucial for advancing India’s energy storage capabilities.

2.Attero

Overview: Attero provides end-to-end electronic waste recycling services, using eco-friendly methods to extract precious and rare earth metals from e-waste.

Innovation: Their automated recycling facility ensures efficient and environmentally responsible processing of electronic waste.

Impact: Attero plays a pivotal role in sustainable resource recovery, mitigating the environmental hazards associated with improper e-waste disposal in India.

3.Let’s Recycle

Overview: Let’s Recycle offers dry waste management services by collecting and segregating dry waste for recycling, serving a wide range of sectors from hospitality to individual households.

Innovation: They integrate waste pickers into their operations, enhancing waste segregation efficiency and value recovery.

Impact: By promoting systematic waste recycling, Let’s Recycle contributes to reducing landfill waste and conserving natural resources across urban centers in India.

4.Nepra

Overview: Nepra focuses on sustainable practices in energy and environment sectors, offering solutions for waste management and renewable energy projects.

Innovation: They deploy innovative technologies for biodegradable waste management and sustainable energy solutions.

Impact: Nepra’s initiatives help in creating cleaner environments and promoting renewable energy adoption, contributing positively to India’s sustainable development goals.

5.GPS Renewables

Overview: GPS Renewables specializes in biogas technology to convert organic waste into bioenergy, promoting bio-CNG and ethanol production.

Innovation: Their technology efficiently processes organic waste to produce clean energy alternatives, reducing dependence on fossil fuels.

Impact: By addressing organic waste management challenges, GPS Renewables facilitates sustainable urban development and contributes to reducing greenhouse gas emissions.

6.Phool

Overview: Phool transforms temple waste flowers into eco-friendly products like incense sticks and organic compost using sustainable practices.

Innovation: They utilize flower waste to create value-added products while employing eco-friendly packaging solutions.

Impact: Phool’s approach promotes circular economy principles by upcycling temple waste into valuable products, contributing to environmental conservation and sustainable livelihoods.

7.Absolute

Overview: Absolute focuses on sustainable agriculture and biotechnology, offering plant-based solutions including bio-materials and biologicals.

Innovation: They develop alternatives to traditional materials using plant-derived sources and microbial technologies.

Impact: Absolute’s innovations in bio-materials reduce reliance on synthetic chemicals and promote sustainable farming practices, fostering environmental stewardship in India’s agriculture sector.

8.Recykal

Overview: Recykal operates an online marketplace for buying and selling recyclable materials, offering end-to-end waste management solutions.

Innovation: Their platform integrates waste management operations, facilitating transparent transactions and compliance with extended producer responsibility (EPR) regulations.

Impact: Recykal enhances waste recycling efficiencies and promotes a circular economy by connecting stakeholders across the waste management value chain, thereby reducing landfill waste and promoting resource recovery.

9.Banyan Nation

Overview: Banyan Nation specializes in post-consumer and industrial plastic recycling, producing high-quality recycled plastic granules.

Innovation: They use proprietary cleaning technologies to process plastic waste into near-virgin quality granules, suitable for various applications.

Impact: Banyan Nation contributes to reducing plastic pollution and conserving natural resources by closing the loop on plastic waste through innovative recycling solutions.

10.Saahas Zero Waste

Overview: Saahas Zero Waste develops waste processing and management projects, providing on-site and turnkey waste management solutions.

Innovation: They implement decentralized waste processing technologies tailored for different waste generators, optimizing resource recovery.

Impact: Saahas Zero Waste promotes sustainable waste management practices across diverse sectors, fostering cleaner and greener urban environments while reducing landfill waste.

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