Stock Take: Startups from MIF’s Plastics Portfolio Deliver Climate Impact

An overview of MIF’s Plastics Program Roundup 2023-24 event, as featured in TheCSRUniverse.

By Marico Innovation Foundation February 29, 2024 | 11:22 AM

Twelve startups supported by the Marico Innovation Foundation (MIF) have made remarkable strides in plastic waste management, collectively saving 124,360 tons of CO2 emissions over the past year. Featured in MIF’s ‘Innovation in Plastics: The Potential and Possibilities’ playbook, these startups have developed innovative solutions to address India’s escalating plastic consumption and waste output. This progress was showcased at the Plastics Program Roundup 2023-24, a day-long event—also covered by TheCSRUniverse—where MIF reviewed the impact of the innovative plastic waste management solutions it has been fostering.

Today, Marico Innovation Foundation organised the Plastics Program Roundup 2023-24, where we hosted startups from our #plastics portfolio. Our focus was to review the impact of #innovative plastic waste management solutions and provide an opportunity for the innovators to… pic.twitter.com/amGxhaECvf

— Marico Innovation Foundation (@MIF_India) February 29, 2024

The article specially underscores the achievements of startups like Ishitva Robotic Systems, whose AI-based sorting machine has processed 100,000 tons of plastic waste, and Ricron Panels and Angirus, which have transformed plastic waste into construction materials. The foundation’s efforts which have led multi-crore deal orders and other value-driven initiatives in the plastic waste management space have also been highlighted. 

Read more here: ‘MIF’s Cohort of Plastic Waste Innovators Deliver Climate Impact

Explore more insights

MIF In The Press

India’s Startup Revolution: From Outsourcing Hub to Global Innovation Leader

FICCI's 2023 publication features insights from MIF leadership on India's emergence as a global startup and innovation hub.

January 10, 2024
Innovation

What does the Future of Innovation Hold in 2022?

Innovators are set to embrace the post-Covid era with solutions built at the intersection of technology and social responsibility, seeking to solve complex socio-economic and environmental concerns.

March 2, 2022
Innovation

Decoding India’s Innovation Landscape: Insights from Indian Innovation Icons

A data-driven analysis of India's innovation evolution through 19 Years of recognising excellence.

February 27, 2025
See All Insights

Subscribe to InnoWin,
MIF's monthly newsletter

Get insights from entrepreneurs, investors, and change-makers on innovation,
success and what it takes to get there.

Join our mailing list