Binbag

Binbag operates in the e-waste management sector, providing comprehensive recycling services to businesses across India. The company addresses the inefficiencies in the e-waste supply chain by establishing a network of distributed recycling plants, strategically located to minimize transportation costs and enhance local employment. Binbag's business model focuses on creating a circular economy, where Waste Electrical and Electronic Equipment (WEEE) is treated as a valuable secondary resource. The company serves a diverse clientele, including businesses needing disposal solutions for e-waste, general scrap, and office items. Revenue is generated through the provision of these recycling services, which are designed to be capital efficient and inclusive. Binbag's operations are supported by two PCB authorized recycling units in Andhra Pradesh and Assam, ensuring compliance with environmental standards. The company also offers solutions for individuals and homes through partnerships, expanding its reach in the e-waste management market.

Keywords: e-waste, recycling, circular economy, distributed plants, India, businesses, disposal, supply chain, local employment, WEEE