Digital platform for waste management
Hyderabad-based, 3-twelvemonth-old tech startup Recykal offers a digital platform for waste management and recycling to various stakeholders such as individual households, SMBs, enterprises, municipal corporations, governments, aggregators and recyclers. Recykal is working with large aggregators across 20 states in India and channelizing materials to recyclers. The company's digital solutions are deployed beyond various businesses and it is currently operational in Hyderabad, Pune, Telangana, Andhra and Karnataka (starting in August).
While sharing insights of their journey, Abhishek Deshpande, founder of Recykal said, "We were sure that if we will know the industry we would exist able to provide a better solution. From our ground level research, we understood that this industry lacks traceability, transparency and there is a lot of dubiety in this marketplace. The industry is largely unorganized, and that's where we saw the opportunity."
Recykal non just provides solutions for plastic waste but for all eWaste and newspaper waste besides. "Approximately 1500 metric tons of recyclable per calendar month is flowing through our platform," said Anirudha Jalan, co-founder of Recykal.
In June 2019, Recykal raised pre-series funding of US$ 2 million which volition help the visitor expand its business across the country. Deshpande shared, "By Dec 2019, we are expecting to expand our business to 6 major cities including Delhi, Mumbai, Bengaluru and Chennai."
Digital innovation allows improve visibility
Digital technology has better adoption nowadays and that is what made the founders grab this opportunity to brand waste matter management and the recycle initiative successful.
Describing the company's business model, Deshpande said, "Nosotros provide customized Cloud-based solutions and mobile applications to our stakeholders like waste matter generators, waste aggregators, processors and recyclers. Our aim is to connect every stakeholder on this digital platform and enable them to practice more transactions with better visibility and transparency."
The platform allows stakeholders to operate a business in a more logistic style likewise helping them to save costs, reduce carbon footprint and make better profitability for the private. Information technology is designed to solve problems related to the lack of visibility of recyclables and its inconsistent supply. Recykal also runs takeback programs for FMCG clients like Chitale and other dairy brands from Maharashtra and ensures compliance with the EPR guidelines outlined by the government.
Applications offered by Recykal
Recykal understands that every stakeholder in this ecosystem has different requirements and based on their pain-points the visitor has built a functional platform of digital tools. The application 'Uzed' serves as a platform for recycling and incentivization for individual households. "This app has over 400,000 users," Jalan shared. Other applications by Recykal include Digital pro, PRISM, Platform, Market and Super.
Reloop
While explaining its different applications and programs, Deshpande urged the need for a change. He added, "We take understood during these 3 years that only brands, recyclers and municipal corporations tin can't brand sufficient touch. Every individual, every human beingness has to exist a function of this activity." Keeping this in heed, the company has launched Reloop – a plastic takeback digital platform. It is a cantankerous value chain brotherhood of plastic manufacturers, FMCG companies, retailers and recyclers that aims to eliminate the bear on of post-consumer plastic waste in the environment by engineering science-enabled takeback and recycling programs.
Recykal aims to build data and analytic capabilities in time to come that tin can help municipal corporations to brand improve decisions in planning and optimizing their daily operations. Farther, to ensure better quality amidst its services, the company will be implementing a rating system on its digital platform.
Recykal has won several awards and recognitions including the Assocham honour for 'All-time waste management digital technology provider'.
Source: https://packagingsouthasia.com/she-safety-health-and-environment/sustainability-health/digital-platform-for-waste-management/
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