Karo Sambhav (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
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Company Info
Company Description
Karo Sambhav collaborates with enterprises and enables them to close their material loops by designing and implementing transformative Extended Producer Responsibility (EPR) programmes. Karo Sambhav develops socially responsible, and financially sound circular solutions (collection, recycling, secondary materials utilisation) by collaborating with disintegrated players across the waste value chain comprising of producers, brands, consumers, bulk consumers/offices, waste pickers, waste aggregators, responsible recyclers, regulatory bodies, municipalities, etc. Karo Sambhav’s 'Technology Platform/App' and systems foster good governance, fairness, trust, transparency, and traceability. Karo Sambhav partners with a wide range of stakeholders to co-create engagement programmes that drive long term behavioural change in society, enable collection and responsible recycling of waste at scale. In September 2019, an Industry Coalition of over 30 companies announced set-up of a new plastic waste management venture in partnership with Karo Sambhav. Karo Sambhav - Closing Material Loop is the brand name of Circular Sustainability Solutions Private Limited (CSSPL) which is a industry owned-and-led venture focused on plastic waste management.

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