India Climate Startups Funding & Investment Updates

Startup Funding & Investment Updates

Unilever, Coke-backed fund to invest in Indian startups fixing plastic pollution


Circulate Capital, in partnership with Pepsi, P&G and Unilever, commits to invest half its Circulate Capital Ocean Fund into India.


Notes by Narsi

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.