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2021 has begun on a positive note for the Indian waste management industry, with the listing of IPO of Antony Waste Handling Cell limited (Antony Waste), a first for an Indian solid waste management company. This IPO marks a significant step in catalysing capital for the industry by showcasing potential exit opportunities for investors, and thus increasing their confidence. In this regard, we discuss three key takeaways that are likely to impact the ability of waste management companies to attract capital going forward.

1. Demand for Environment Social and Governance (ESG) investment opportunities is rising

Anchor investors for the IPO…

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Lack of recyclability of low value plastic waste is the most important reason for accumulation of such waste in our cities. As such, developing waste processing infrastructure, and creating markets for products made out of waste would be the most logical solution for addressing plastic waste. In this regard EPR (Extended Producers Responsibility) policies for ensuring accountability of producers for collection and disposal of the waste generated by their products would be an imperative.

In this light, the recent EPR policy announced by India’s Ministry of Environment, Forest and Climate Change (MOEF) seems to be a good first step in…

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How COVID is likely to impact waste management start-ups

Covid crisis has just given us a new definition of “Essential”. While the current lockdown has shut down almost all industries worldwide, waste management companies have continued to run, despite labour shortage and supply chain issues.

India’s waste management industry, estimated at INR 5000 crores[1] (about USD 700 million) comprises a few large waste management companies and a number of regional start-ups. While large companies work with municipalities to manage the municipal solid waste, the start-ups are trying to make the waste value chain more efficient by segregating waste and converting…

Grants are an important source of capital for green businesses, as they provide much needed funding for product development and market testing. Competition for the grant money is stiff, and less than 10 per cent of the applicants actually succeed in getting grant funding; the good news is that grant programmes supporting green businesses are on the rise. …

Bharti Krishnan

Founder@FineTrain, an advisory firm that assists green businesses in raising capital.

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