Deluxe Recycling provides environment-friendly solutions of dunnage options to various organisations, companies, and industries.
Basic Information
Deluxe Recycling was founded in 1999 to tackle the waste coming from packaging factories. Since then, Deluxe Recycling has built a B2B model and is now supporting government bodies by supplying its products to them. They supply pallets to Indian Railways that are further used in making bathroom doors. Institutions like Food Corporation of India and the state warehousing corporations of Maharashtra and Chhattisgarh have shown their interest in such applications for recycled products (pallets), which they use for storing food grains in their warehouses. The waste for recycling comes from different regions. About 20-25 percent comes from the leftover waste of the manufacturing units of Tetra Pak. The remaining materials come from collection partners spread across the country. The collected waste or beverage cartons are then sent to the manufacturing unit based out of Palghar in Maharashtra. After the process is completed, Deluxe Recycling supplies the products to different clients with the help of collection partners.
Legal Name
:
Deluxe Recycling (India) Pvt. Ltd.
Headquarters
:
Mumbai, Maharashtra , India
Founding Date
:
1999
No. of Employees
:
251 to 500
Core Team
:
1.
Jignesh Shah
Owner
Funding
Detail Round Breakdown
Round 1
Series Name
:
OTHER
Date
:
5th Apr 2022
Investors
:
1.
Circulate Capital
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