Industry: Waste Management
Location: NOIDA
Eco-Wise is tapping the Rs 6000 crore opportunity in the solid waste management sector, which is a relatively new concept in India compared to the west where it is a highly organized business. The typical business model involves collection, transportation, segregation, treatment and disposal of waste. And there is opportunity hidden in each step. Having started off in Noida, Eco-Wise is looking to expand in cities such as Hyderabad and Chennai. It has already bagged some large corporate customers. With disposal of waste becoming quite a challenge for municipal bodies, the country could soon see many more organized players in the business of waste management. An Assocham study shows that Delhi generates about 6,000 tons of solid waste daily. Mumbai is a close second with 5,800 tons followed by Kolkata at 4,000 tons, Bangalore at 2,800 tons, and Chennai at 2,675 tons. The more the waste, the more business and profits it means for Eco-Wise.
| Founder: Manik Thapar |
| Co-founder: None |
| Investors: Self-funded |
| Key Clients/Customers: Patni Computers, Oberthur Card Systems, Haldiram's, Eldeco Infrastructure and Properties, ATS Infrastructure |
| Top-Line: 2 crore |
| URL: www.eCo-wise.biz |
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| Manik Thapar |
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