Portal Circulate Capital, in partnership with Pepsi, P&G and Unilever, commits to invest half its Circulate Capital Ocean Fund into India.
One of the Indian startups it has invested in is Lucro, which specialises in converting difficult-to-manage post-consumer flexible plastic packaging into granules and high-value end products. This company uses its prorprietary technology to recycle post consumer plastic waste into granules for a circular economy. Interestingly, Lucro has also collaborated with a blockchain-based platform to tracks every aspect of irs waste management value chain.
