NEW: Click to see the winners of Indian Innovation Icons 2025!

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

Republic Day Reflections: How Marico & MIF are Going Beyond Business to Build a Stronger India

As India celebrates its 76th Republic Day, Marico and Marico Innovation Foundation stand as leaders exemplifying corporate citizenship through distinguished contributions to business sustainability and Corporate Social Responsibility (CSR).

January 25, 2025
MIF In The Press

Interview: MIF Founder Harsh Mariwala on Driving Innovation and Sustainability in India

In an interview with The Indian Express, Mr Mariwala discusses his efforts to build mentorship and peer support networks for Indians startups to foster impact-driven innovation, particularly in the circular economy space.

March 17, 2024
Agri-Technology

Tech Solutions for Agri Challenges: Transforming Indian Agriculture with Innovation

Indian innovations, including many backed by MIF, are spearheading the transformative change needed in global agriculture.

May 21, 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