Top 10 Circular Economy Startups in India

Top 10 Circular Economy Startups in India

The circular economy is a concept gaining increasing prominence globally, aiming to redefine our approach to resource use and waste management. Unlike the traditional linear economy of ‘take, make, dispose,’ the circular economy promotes sustainability by emphasizing the continual use and circulation of materials, thereby minimizing waste and maximizing resource efficiency.

In India, startups are playing a pivotal role in driving forward the principles of the circular economy across various sectors. These companies innovate in recycling, waste management, sustainable agriculture, and renewable energy, among others, contributing significantly to environmental conservation and economic sustainability.

Here, we explore some of the top circular economy startups in India that are leading the charge towards a more sustainable future through their innovative solutions and impactful practices. These startups are not only addressing pressing environmental challenges but also creating new opportunities for sustainable growth in the Indian economy.

1. Banyan Nation

Banyan Nation is an innovative startup focused on recycling and circular economy solutions in India. It aims to tackle the plastic waste crisis by using technology to streamline the collection, processing, and recycling of plastic waste. Banyan Nation collaborates with large corporations, municipalities, and informal waste pickers to create a more efficient and effective recycling ecosystem. Their proprietary data intelligence platform helps track and manage the lifecycle of plastic, ensuring it is recycled into high-quality material. The company has received multiple awards for its contributions to sustainable practices and environmental impact.

FoundersMani Vajipey, Tanuj Khosla
HeadquartersHyderabad, India
Core ProductPlastic recycling
TechnologyData intelligence platform
PartnershipsLarge corporations, municipalities
AwardsVarious sustainability awards
WebsiteBanyan Nation
FundingSeries A
Sustainability ImpactSignificant reduction in plastic waste

Also Read : Top 10  BioTech Startups in India

2. Attero Recycling

Attero Recycling is a leading electronic waste management company in India, focusing on recycling electronic goods to recover valuable materials and reduce e-waste. The company uses state-of-the-art technology to extract metals such as gold, silver, and copper from discarded electronics, promoting a circular economy by reintroducing these materials back into the supply chain. Attero’s proprietary technology ensures high efficiency and minimal environmental impact during the recycling process. The company has partnerships with major electronic manufacturers and contributes significantly to sustainable electronic waste management practices.

FoundersNitin Gupta, Rohan Gupta
HeadquartersNoida, India
Core ProductE-waste recycling
TechnologyProprietary metal extraction
PartnershipsMajor electronic manufacturers
AwardsMultiple industry awards
WebsiteAttero Recycling
FundingSeries B
Sustainability ImpactHigh reduction in e-waste

Also Read : Top 10 Renewable Energy Startups in India

3. Ecozen Solutions

Ecozen Solutions focuses on innovative and sustainable solutions in the agricultural sector, providing technologies like solar-powered cold storage and irrigation systems. These solutions help reduce post-harvest losses and promote energy efficiency, aligning with the principles of the circular economy. Ecozen’s products are designed to be environmentally friendly and economically viable for farmers, ensuring a sustainable agricultural ecosystem. The company’s technology is widely adopted across India, and it has received recognition for its impact on sustainable farming practices.

FoundersVivek Pandey, Devendra Gupta, Prateek Singhal
HeadquartersPune, India
Core ProductSolar-powered cold storage
TechnologyRenewable energy solutions
PartnershipsAgricultural cooperatives
AwardsVarious industry awards
WebsiteEcozen Solutions
FundingSeries B
Sustainability ImpactSignificant energy savings in agriculture

Also Read : Top 10  WaterTech Startups in India

4. GEMS Recycling

GEMS Recycling is a comprehensive waste management and recycling company in India, offering solutions for various types of waste including plastics, metals, and e-waste. The company aims to create a sustainable and circular economy by converting waste into reusable materials. GEMS Recycling employs advanced technology and efficient processes to ensure maximum recovery and minimal environmental impact. The company serves both industrial and municipal clients, promoting responsible waste management practices across sectors.

HeadquartersChennai, India
Core ProductComprehensive waste recycling
TechnologyAdvanced recycling technology
PartnershipsIndustrial and municipal clients
AwardsMultiple sustainability awards
WebsiteGEMS Recycling
FundingSeries A
Sustainability ImpactHigh reduction in industrial waste

Also Read : Top 10 Waste Management Startups in India

5. Recykal

Recykal is a technology-driven startup providing cloud-based solutions for waste management and recycling. Their platform connects waste generators with recyclers, facilitating efficient waste collection and recycling processes. Recykal offers services like digital waste marketplace, e-waste exchange, and digital payments for waste transactions. The company’s innovative approach enhances transparency and traceability in the waste management ecosystem, promoting a circular economy. Recykal’s solutions are widely adopted by businesses, municipalities, and informal waste collectors across India.

FoundersAbhay Deshpande, Karthik Gajendran
HeadquartersHyderabad, India
Core ProductCloud-based waste management
TechnologyDigital waste marketplace
PartnershipsBusinesses, municipalities
AwardsVarious innovation awards
FundingSeries B
Sustainability ImpactEnhanced waste management efficiency

Also Read : Top 10 GreenTech Startups in India

6. Saahas Zero Waste

Saahas Zero Waste is dedicated to providing end-to-end waste management solutions with a focus on sustainability and zero waste. The company works with corporates, communities, and institutions to manage their waste responsibly. Saahas Zero Waste offers services such as waste audits, waste segregation, and recycling solutions. Their approach ensures that maximum waste is diverted from landfills and is instead recycled or repurposed. The company is a strong advocate for circular economy practices and aims to create a waste-free environment.

FoundersWilma Rodrigues
HeadquartersBangalore, India
Core ProductEnd-to-end waste management
TechnologyWaste audits and segregation
PartnershipsCorporates, communities, institutions
AwardsVarious sustainability awards
WebsiteSaahas Zero Waste
FundingSeries A
Sustainability ImpactSignificant reduction in landfill waste

Also Read : Top 10 SpaceTech Startups in India

7. Paperman Foundation

Paperman Foundation is a social enterprise dedicated to promoting recycling and waste management in urban areas through a network of waste pickers and recyclers. They use an innovative platform to connect households and businesses with waste collectors, ensuring efficient recycling of paper, plastic, and other materials. Paperman Foundation focuses on creating sustainable livelihoods for waste pickers and increasing community awareness about recycling practices. Their work has a significant impact on reducing urban waste and fostering a circular economy.

FoundersMathew Jose
HeadquartersChennai, India
Core ProductWaste collection and recycling
TechnologyWaste collection platform
PartnershipsWaste pickers, recyclers
AwardsVarious social enterprise awards
WebsitePaperman Foundation
FundingGrants and donations
Sustainability ImpactHigh reduction in urban waste

Also Read : Top 10 Mobility as a Service (MaaS) Startups in India

8. Karma Recycling

Karma Recycling is a leading player in the field of electronic waste (e-waste) management in India, focusing on responsible recycling and refurbishing of electronic devices. The company operates with a mission to reduce the environmental impact of e-waste by extending the lifecycle of electronics through refurbishment and resale. Karma Recycling provides services like collection, data sanitization, refurbishment, and resale of used electronic devices. Their approach not only helps in conserving resources but also promotes sustainable consumption patterns among consumers and businesses.

FoundersAamir Jariwala, Akshat Ghiya
HeadquartersNew Delhi, India
Core ProductE-waste recycling and refurbishment
TechnologyData sanitization and refurbishment
PartnershipsElectronic manufacturers, businesses
AwardsEnvironmental awards
WebsiteKarma Recycling
FundingSeries A
Sustainability ImpactExtending electronic device lifecycle

Also Read : Top 10 Cyber Defense Startups in India

9. TrashCon

TrashCon is a technology-driven startup that focuses on decentralized waste management solutions. They have developed innovative machines that automate the segregation and processing of mixed waste at source. TrashCon’s technology ensures efficient handling of waste, reducing landfill dependency and promoting recycling. The company’s solutions are scalable and cater to various sectors including residential complexes, hotels, and industries. TrashCon aims to revolutionize waste management practices in India by making them more sustainable and cost-effective.

FoundersNivedha RM
HeadquartersPune, India
Core ProductDecentralized waste management
TechnologyAutomated waste segregation
PartnershipsResidential complexes, industries
AwardsInnovation awards
FundingSeed funding
Sustainability ImpactReduced landfill dependency

Also Read : Top 10  Legal Services Startups in India

10. Lithium Urban Technologies

Lithium Urban Technologies is India’s largest electric vehicle fleet operator, providing sustainable mobility solutions. They specialize in electric vehicle (EV) leasing and fleet management services for corporate and government clients. Lithium Urban aims to reduce carbon emissions and promote cleaner transportation alternatives through their EV fleet. The company also focuses on integrating renewable energy sources to power their vehicles, further enhancing their sustainability credentials. Lithium Urban plays a crucial role in advancing India’s transition towards electric mobility and a circular economy.

FoundersSanjay Krishnan
HeadquartersBangalore, India
Core ProductElectric vehicle fleet management
TechnologyEV leasing and renewable energy
PartnershipsCorporate and government clients
AwardsEV industry awards
WebsiteLithium Urban Technologies
FundingSeries C
Sustainability ImpactReduced carbon emissions

Also Read : Top 10 Remote Work Startups in India

FAQs on Circular Economy Startups in India

Q: What is the circular economy?

A: The circular economy is an economic model designed to minimize waste and make the most of resources. It aims to keep products, materials, and resources in use for as long as possible through recycling, reuse, and regeneration.

Q: Why is the circular economy important?

A: The circular economy is important because it helps to reduce environmental impact, conserve resources, and promote sustainable consumption and production patterns. It also offers economic benefits such as cost savings, job creation, and innovation opportunities.

Q: What are some examples of circular economy practices?

A: Examples include recycling of materials like plastics, metals, and paper; refurbishing and repairing products to extend their lifespan; using renewable energy sources; and adopting sustainable farming practices that minimize waste and maximize resource use.

Q: How do circular economy startups contribute to sustainability?

A: Circular economy startups contribute by developing innovative solutions for waste management, recycling, sustainable agriculture, renewable energy, and more. They introduce new technologies and business models that promote resource efficiency and reduce environmental impact.

Q: What are the challenges faced by circular economy startups in India?

A: Challenges include regulatory hurdles, infrastructure limitations for waste management and recycling, changing consumer behavior towards sustainability, access to funding for scaling operations, and integrating circular economy principles into traditional business practices.

Q: How can individuals and businesses contribute to the circular economy?

A: Individuals and businesses can contribute by reducing waste generation, recycling and reusing products, supporting circular economy startups and initiatives, adopting sustainable practices in production and consumption, and advocating for policies that promote resource efficiency.

Q: What are the future prospects for the circular economy in India?

A: The future looks promising with growing awareness and initiatives towards sustainability. As circular economy principles become more integrated into business and policy frameworks, there is potential for significant environmental, economic, and social benefits across various sectors in India.


In conclusion, the rise of circular economy startups in India exemplifies a proactive approach towards addressing pressing environmental challenges while fostering sustainable economic growth. These innovative companies are not only pioneering new technologies and business models but also redefining how resources are used and managed in a more sustainable manner.

Through initiatives in waste management, recycling, renewable energy, and sustainable agriculture, these startups are making significant strides towards reducing waste generation, conserving resources, and minimizing environmental impact. Their efforts are not only beneficial for the environment but also create opportunities for job creation, economic development, and technological innovation.

Looking ahead, the continued support and expansion of circular economy principles in India will be crucial. This includes fostering a conducive regulatory environment, enhancing infrastructure for waste management and recycling, promoting consumer awareness and education, and encouraging collaboration between startups, industries, and government agencies.

Ultimately, by embracing the circular economy, India can pave the way towards a more sustainable and resilient future, where economic prosperity goes hand in hand with environmental stewardship. The efforts of these startups serve as a beacon of hope and inspiration, demonstrating that sustainable practices can drive positive change and contribute to a better world for generations to come.

Also Read

Leave a Reply

Your email address will not be published. Required fields are marked *