BINBAG Recycling Services Expands E-Waste Solutions in India with Government Support
BINBAG Recycling Services, founded in 2014 in Assam, aims to manage e-waste disposal and recycling in compliance with regulations. It operates two recycling plants with a capacity of 2,500 tonnes per annum and has received Rs 6 crore from the Assam Startup Venture Capital Fund. The company promotes a circular economy by transforming discarded electronics into resources and is expanding into lithium-ion battery recycling. BINBAG seeks to establish itself as a public company while enhancing sustainability in India's recycling sector.
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BINBAG Recycling Services, established in 2014 in Assam, addresses the challenge of e-waste disposal by offering integrated recycling solutions. The company operates two Pollution Board-approved facilities, with a capacity of 2,500 tonnes per annum.
It has developed a digital platform for seamless customer interaction in the recycling process. Government support, particularly from the Assam Startup Venture Capital Fund, which invested Rs 6 crore, has been instrumental in its growth, enabling expansion into lithium-ion battery recycling. BINBAG's goal is to promote a circular economy in India, positioning itself for future public listing and broader sustainability efforts.
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