How startups like Attero Recycling, Karma Recycling are making money out of garbage


"Government agencies aren't equipped to deal with this quantum of garbage and decentralised solutions are a must to manage this mess," says Patel, who's also the chief executive of Let's Recycle.

The company has provided a more robust link between two key pieces of the chain — garbage pickers and generators — to build a more sustainable solution.

To try to add an extra edge to their services, Let's Recycle is being positioned as a technologycentric recycler — on the lines of taxi aggregator Ola and Uber. So, the amount of waste going in and out of its facilities is measured, productivity of equipment is monitored and an app allows people to ask for refuse to be picked up or to requisition for a bin. "We have over 1,000 waste pickers working with us and we aim to provide them a fair price for the garbage they bring and we have 3,500 touch points to collect waste across the city," says Patel. Backed by a recent round of funding led by Aavishkar Capital, the company is looking to grow beyond Gujarat................Read more

 

Source: The EconThe Economic Times


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