Banyan Nation

company

About

Unlocking circular economy and the market for premium recycled plastics in India through technology innovations across the value chain

  • 101 - 250

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Banyan Nation has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jun 1, 2017 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 1, 2017 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Banyan Nation is funded by 1 investors. CIIE | Centre for Innovation Incubation and Entrepreneurship are the most recent investors.
Investor Name Lead Investor Funding Round
CIIE | Centre for Innovation Incubation and Entrepreneurship Seed