A successful start-up can be defined as a business proposition that helps in ‘problem-solving’. Be it a routine life issue or a commercial feasibility analysis, if your venture can innovate and help solve an existing problem – then it is a successful venture.
In addition, you do not always require a huge sum of capital, latest technology or a huge manpower – only a ‘passionate idea’ and the ‘hard work’ to carry it through completes the recipe !
We all know that India is facing a garbage crisis like never before; across the country, cities are drowning in detritus. Along with the Narendra Modi’s government’s Swachh Bharat Abhiyan, which is attempting to clean up the streets of India’s cities and towns, fresh thought is required to solve the larger problem of drastically reducing the quantum of garbage generated.
Here, we share some stories of startups that have made it to a decent size, by the idea of cleaning the cities and dumping off the garbage. Atleast these ventures are doing their bit for a cleaner India.
- Karma Recycling: Started in 2012, by two Indian friends from Northwestern University in the US, the company focusses on the reuse and recycling of mobile devices and tablets.
“It’s finally become possible to make money and create a good business while doing a whole lot of good. And if you can earn money doing a whole lot of good, I’d rather do that”, says Akshat Ghiya, co-founding partner, Karma Recycling.
- Daily Dump: Started in 2006 with 30 customers in Bengaluru, is now in 17 cities with its garbage composting solutions.
- Attero Recycling: A provider of e-waste recycling, raised funds last year and says it recycles nearly 500 tonnes of such trash annually. It now wants to build more recycling plants and is even thinking of taking its business overseas.
- Saahas Waste Management: Another such firm that has raised fresh funding as it seeks to expand to quadruple the 20 tonnes of waste it handles daily.