Details

Last Funding Type

Seed

Industries

Recycling,Waste Management

Founded date

Jul 13, 2013

Number Of Employee

101 - 250

Operating Status

Active

Recycling activities in much of the developing world are relegated to the shadow economy or the informal markets. Banyan Nation is a new age recycling company that is formalizing the informal supply chain through a data intelligence platform and has developed a pioneering plastics cleaning technology to produce near virgin grade recycled HDPE material. Banyan's innovative business model has unlocked ‘Circular Economy’ in India compelling responsible brands such as Unilever, Reckitt Benckiser, Shell, Tata Motors to use thousands of tons of recycled plastics instead of virgin plastics.

Banyan collects thousands of tons of discarded post consumer HDPE waste such as shampoo, lotion, edible oil, engine oil bottles through its informal recycler network and recycles them into high quality recycled HDPE Blow Grade granules at its state of the art recycling facility in Hyderabad. Banyan Nation won the Dell Circular Economy People’s Choice Award at the World Economic Forum, Davos in 2018.