This post is a part of the Early Stage Climate Startup series from Climafix 2024
Highlights
- Refill kiosks for homecare and laundry products through refill kiosks.
- Offers 10-30% cost savings on each refill.
1. Value Proposition
- R Buy Smart Refill tackles the issue of plastic waste by eliminating the need for single-use plastic bottles and sachets. Their smart refill kiosks enable consumers to refill laundry and homecare liquids directly within their communities, reducing packaging waste significantly.
- The refill model offers 10-30% savings for end users on each refill and reduces packaging costs by 90% for manufacturers.
2. Pain Points
- Plastic Waste: India produces 1 billion plastic bottles and sachets monthly from the homecare and laundry sectors. R Buy Smart Refill offers a zero-waste solution, providing consumers with refillable containers.
- High Packaging Costs: Manufacturers face rising costs due to packaging requirements and EPR compliance. R Buy Smart Refill helps manufacturers reduce packaging costs by upto 90%.
3. Climate Impact
- By replacing single-use plastic packaging with reusable containers, R Buy Smart Refill prevents millions of plastic bottles and sachets from entering landfills.
4. Current & Future Target Segments
- Current Targets Segments: Urban residential areas in major Indian cities; have already installed eight refill kiosks.
- Future Target Segments: They aim to deploy 100 refill kiosks across Bengaluru by 2025, and by 2030 R Buy Smart Refill plans to scale to 1,000 refill kiosks across India.
5. USP
- R Buy Smart Refill’s innovative refill kiosk model significantly reduces plastic waste while providing about a 90% reduction in packaging expenses for manufacturers and a 10-30% cost savings for consumers.
6. Team Profile
- Fahad C.V (Founder & CEO): Fahad is an MSc Computer Science graduate with over 15 years of experience in IT and entrepreneurship, including founding PnD Share and Scrapyt.
- Ashwaque E.M (Co-Founder & CTO): Ashwaque holds a B.Tech from IIT Kharagpur and has 7 years of experience in Electronic Design Automation (EDA). He also founded WAQT ERP and brings deep technical knowledge in product development and sustainability tech solutions, helping to refine the refill kiosk platform.
- Shahbaz Shaikh (Co-Founder & COO): With a background in Mechanical Engineering, Shahbaz brings 4 years of experience in design, production, and quality management, ensuring that the company’s refill kiosks are built efficiently and operate smoothly.
7. Startup Headquarters
- Bangalore, India