Locations
Hyderabad, Telangana, India · Andhra Pradesh, India
industry
Sustainability
Size
51-200 employees
Stage
Series A
founded in
2013
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.
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