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⁠⁠Can Plastic Waste Build High Quality Homes? This Gujarat Startup Says Yes

YourStory

YourStory · 1y ago

⁠⁠Can Plastic Waste Build High Quality Homes? This Gujarat Startup Says Yes

Gujarat-based startup, Ricron Panels, is revolutionising waste management by transforming non-recyclable plastic waste into high-quality building materials. Utilising a proprietary technology, the company converts this waste into waterproof, rust-proof, fire-retardant, and heat-resistant sheets that serve as a low-cost alternative to traditional plywood. In addition to reducing costs and enhancing durability, these panels are sourced from ragpickers, contributing to a cleaner environment and empowering the informal waste collection sector. The entire production process is sustainable, generating no additional waste and saving tonnes of carbon emissions. Ricron Panels' innovative approach offers a promising solution to environmental challenges and promotes a more responsible building industry.

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Flipkart Ventures-backed ReCircle raises bridge round

Entrackr

Entrackr · 1y ago

Flipkart Ventures-backed ReCircle raises bridge round

Cleantech startup ReCircle has raised an undisclosed amount of investment in a bridge funding round co- led by Venture Catalysts, Mumbai Angels, and high-net-worth individuals (HNIs). The company had previously raised pre Series-A round from Flipkart Ventures, 3i Partners & Acumen Fund Inc The proceeds will be allocated towards diversification, expansion, and launching its own recycling unit in the coming months, ReCircle stated in a press-release. Co- founded in 2016 by Rahul Nainani and Gurashish Singh Sahni, ReCircle aims to solve India’s growing waste problem and empowers consumers and brands to divert waste away from landfills and oceans, and back into the economy to be recycled, reused or repurposed. The startup has introduced flagship initiatives such as ClimaOne, Plastic EPR Service, Plastic Neutral Programs, and Project Extra Life. Its tech-enabled platform, ClimaOne, addresses existing challenges in the ecosystem by building a unified, transparent platform that provides real-time tracking, backed by data analytics and simplifies reporting and compliance. ReCircle intends to work towards ethical circularity, and plans to forward integration into the plastic waste supply chain. This will enable it to provide high-quality, traceable recycled plastic content to companies using plastic packaging. The company aims to achieve a revenue of Rs 100 crore in the next financial year.

Turning plastic into purpose: Carbon & Whale's eco journey

Inshorts · 5m ago

Turning plastic into purpose: Carbon & Whale's eco journey

Kochi-based Carbon & Whale transforms single-use plastic into durable modular furniture, tackling environmental waste and urban infrastructure needs. Founded by Alvin George, Sidharth A K, and Sooraj Varma, the startup has recycled over 12,000 kg of plastic and hit ₹5 crore in revenue by 2025, proving sustainability can drive profitability.

WithOut secures Rs 75 lakh investment deal from Shark Ronnie Screvwala and Peyush Bansal

IndianStartupNews

IndianStartupNews · 1y ago

WithOut secures Rs 75 lakh investment deal from Shark Ronnie Screvwala and Peyush Bansal

WithOut, a startup founded by Anish Malpani, presented its solution for converting multi-layer plastic (MLP) waste into recyclable sunglasses on Shark Tank India Season 3. The company aims to address the plastic waste crisis while providing a sustainable livelihood for waste pickers. WithOut's goal is to recycle 20,000 tons of plastic waste daily by 2030. During their pitch on the show, they received an investment deal from Ronnie Screwvala and Peyush Bansal for Rs 75 lakhs, valuing the company at Rs 25 crore.

This startup prevented 200 tonnes of plastic waste in Delhi

Inshorts · 5m ago

This startup prevented 200 tonnes of plastic waste in Delhi

Athar Packaging Solutions, founded by Delhi entrepreneur Mohd Suhail, has recycled 200 tonnes of plastic waste into durable packaging. With a revenue of ₹1.33 crore, the startup tackles plastic pollution through innovative recycling methods, offering affordable eco-friendly packaging while promoting sustainability in the business model.

How this startup earns ₹2.5 cr revenues from compostable pouches

Inshorts · 7m ago

How this startup earns ₹2.5 cr revenues from compostable pouches

Mohd Suhail, a development professional from Delhi, set up Athar Packaging Solutions in 2020, to recycle waste paper into envelopes. Today, the startup sources waste paper and plastic from companies and converts it into compostable pouches. In a short span of four years, it has over 700 clients and annual revenues of ₹2.5 crore.

Google licenses AI model to Indian firms for early detection of diabetic blindness

Economic Times

Economic Times · 11m ago

Google licenses AI model to Indian firms for early detection of diabetic blindness

Google has partnered with Forus Health and AuroLab in India to detect preventable blindness among diabetic patients using AI. The goal is to provide 6 million free AI screenings for diabetic retinopathy in underserved communities in the next decade. Google also launched its CircularNet model to sort waste using machine learning, achieving 85% accuracy in detecting plastic waste. In agriculture, Google's ALU Research API utilizes satellite imagery to identify fields, water bodies, and vegetation boundaries. Project Vaani, another initiative by Google, aims to build inclusive Indic AI by covering 125 Indian languages and dialects.

Trade Spotlight: How should you trade Trent, Dabur, Gujarat Gas, Kajaria Ceramics, RailTel, and others on Tuesday?

Money Control

Money Control · 1y ago

Trade Spotlight: How should you trade Trent, Dabur, Gujarat Gas, Kajaria Ceramics, RailTel, and others on Tuesday?

The Nifty 50 closed with marginal gains on June 24, and if the bulls continue their support, it could hit a record high in the coming days. Some stock picks for the near term include Trent, HG Infra Engineering, Likhitha Infrastructure, and RailTel Corporation of India. Another set of recommendations includes Rattanindia Enterprises, Kajaria Ceramics, Can Fin Homes, Dabur India, and Gujarat Gas. Traders are advised to carefully consider these recommendations before making any investment decisions.

Plastic upcycling startup Kubik closes $3.34M seed to scale production in Ethiopia

TechCrunch · 2y ago

Plastic upcycling startup Kubik closes $3.34M seed to scale production in Ethiopia

Kubik turns hard-to-recycle plastic waste into affordable building materials including bricks, columns, beams, and jambs. The startup is now planning to double down on the production of building materials in Ethiopia before scaling to other countries within Africa, against the backdrop of a recently closed $3.34 million seed funding round.

This rainwater harvesting startup clocks ₹2 crore in revenues

Inshorts · 1y ago

This rainwater harvesting startup clocks ₹2 crore in revenues

Plastic engineer Amit Doshi's startup NeeRain offers an easy-to-install rainwater harvesting device for homes and commercial establishments to store rainwater and recharge borewells. Currently sold in seven countries, it is helping mitigate India's water crisis. Amit expects the company's annual revenue to grow from Rs 2 crore to Rs 10 crore in the next three years.

Neuralink should make implant to eliminate back, neck pain: Musk

Inshorts · 10m ago

Neuralink should make implant to eliminate back, neck pain: Musk

World's richest person Elon Musk said his startup Neuralink, which creates brain chips for disabled persons, should prioritise making an implant that can eliminate back and neck pain. "Would greatly improve people's happiness while awake, as well as enhance quality of sleep," he said. On being asked about an implant to help people with Alzheimer's, Musk replied, "Early stage, yes."

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