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

Innovation

Indian Innovation Icons 2025: Winners, Highlights & Inspiration From The Grand Finale

Winners of the Indian Innovation Icons 2025 were announced at a dazzling grand finale on March 6, 2025, celebrating the spirit of Indian innovation.

March 11, 2025
Innovation

India is Revolutionising the Defence Sector

Supportive state policies, indigenous innovation, and a booming global market are propelling Indian organisations to design and provide domestically manufactured defence equipment to the Indian armed forces, and the international market.

December 6, 2022
MIF In The Press

Startup Hub India Set to Drive Global Progress

India's startup ecosystem has evolved into a global innovation hub, driving economic growth, job creation, and technological advancement across diverse sectors.

February 23, 2024
See All Insights

Innovation (Inno), Success (Win) & what it takes to get there.

Subscribe to InnoWin, our monthly newsletter, where we blend insight with inspiration & action with aspiration.

Join our mailing list