Eco Cred: Turning Plastic Waste into Worth Plastic pollution is a crisis, and recycling systems lack efficiency. Eco Cred fixes this by integrating Reverse Vending Machines (RVMs) into retail outlets, creating a closed-
See More
Participate in May 2025's Medial Startup Showcase and win upto Rs. 60k and more in incentives. We are live with May's Showcase. You can re-sumbit your old idea if you haven't won in the previous edition. Every user can upload upto 5 ideas. Do participate!
Sounds good..Do u searching for a investor?
Setting up and maintaining reverse vending machines is expensive and requires a lot of retail partnerships to scale properly. Store credits might motivate some users but others may not find it worth the effort unless the rewards are really valuable. Also collecting and transporting plastic from all these outlets consistently needs strong logistics which adds to cost. convincing small retailers to adopt this system just for extra foot traffic might not always work
Hi Chamarti, really appreciate your insights! You're right, RVMs are costly and logistics can be tricky. That’s why Eco Cred is building a closed-loop ecosystem with RVMs placed only inside our exclusive owned retail outlets. This gives us full control from plastic collection to reward redemption. Users earn store credits redeemable for daily-use FMCG products, making the effort worthwhile. We transport plastic in shredded form and work with local recyclers to keep it efficient. Eco Cred isn’t just about machines, it’s a complete sustainability ecosystem.
Such Vending Machines aldredy exists at so many places but no one actually uses them.
If you really want to make reverse vending machine work then I think you need to make an app where registered people can push a button to inform you that recycling is available to collect and your swiggy boy collects it in few min and post the recycling into nearby installed machine and see if you can make profit in all this.
I get your point, but Eco Cred is not just about Reverse Vending Machines. Most existing machines go unused because they offer little to no real benefit. Eco Cred fixes this by creating a closed-loop retail system where the rewards are actually valuable and usable. Instead of just being a machine that exists, it's part of a larger ecosystem combining recycling, retail, and technology. Unlike other systems, Eco Cred doesn't rely only on vending machines. Our future app will allow users to scan various types of plastic waste to determine their value, making it more useful than anything currently available.Plus, our revenue model isn't just about recycling, we integrate retail sales and advertising on RVMs, ensuring a sustainable and scalable impact on plastic waste management.
Let me be the devil's advocate for your idea and excuse me for this. Take it more like a honest advise rather than a criticism. VCs or investors looking to fund a Startup usually get reluctant to ideas which are far fetched into forward and backward integration. If you pick up one problem and focus more on that component and slowly integrate either forward or backward after scaling the prime idea , and focus on the integration and scale of second component to a level when the third component can be added seamlessly . It's not that the components of your closed loop system are not aligned, they are workable models but nobody would give their precious glass mugs to a juggler on their first day. Either you bootstrap things, simultaneously start all the three and get the machine running at a momentum, create a profitable business from that. Everyone would love to jump on the idea at this point. Or else , pickup the strong component and create the business on it and scale it to a level and pitch your idea of one of your integration to the investor and the grand scheme of closed loop system as the third step , only if the second step is successful. It is important to know that, IDEA is one of the simplest thing someone can come up with, execution is the point where all the chaos happens. Good luck anyways
Please feel free to DM me
Sorry for the late reply 🙏 But we Appreciate your perspective! We completely agree that execution is the real challenge, which is why Eco Cred is launching in phases, ensuring each step is solid before moving forward. We'd love to share our pitch deck with you and get your opinion on how we're structuring things. Let us know if you're open to it
Download the medial app to read full posts, comements and news.