Basic Information
Lucro recycles locally-sourced flexible plastic waste to manufacture flexible packaging products, such as shrink wrap and films. It also supplies recycled plastic granules to manufacturers for their production. Currently, the company has facilities in Gujarat. The startup is involved in an end-to-end process starting from collection to segregation, to processing of granules, product design and manufacturing of these products - serving across categories like automotive, home, retail, and institutions, among others. Lucro partners with large and small companies and brands to reuse plastics and help them meet their sustainability goals through plastic waste management.
Legal Name
:
Lucro Plastecycle Pvt Ltd
Headquarters
:
Mumbai, Maharashtra , India
Founding Date
:
2012
No. of Employees
:
101 to 150
Core Team
:
1.
Ujwal Desai
Co-Founder & MD
2.
Saumil Dinesh Desai
Founder & Director
Funding
Investors
:
1.
Circulate Capital
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