ABOUT US - Our story so far
Waste Impact is a non profit registered Trust in India. Our organisation was established by the team behind Waste Ventures Charities (WVC), a US registered 501(c) non profit company.
WVC has five years track record in supporting waste management services in India.
During this time, we incubated a for profit company Waste Ventures India (WVI) with the aim of developing an independent, scalable model. We provided WVI with seed funding to experiment with the model and capture learning. These experiments included:
- A Composting project in Bokaro Steel City, Jharkhand for 200,000 residents.
- The first integrated solid waste management project in Osmanabad for 130,000 residents.
- A viable model for processing lower-value organic and recyclable waste in Indore.
- A demonstration of demand from households willing to pay for waste services in Motihari.
- Collection, processing, and disposal management in Damanjodi for 20,000 residents.
- Developing a mobile metrics tool to capture operational and impact data from the field.
In 2014, WVI closed an investment round of $650K from impact investors to build the business. WVI has been a successful incubation project in terms of lessons learnt, model refinement, development of data capture standards and raising growth finance.
Waste Impact India has now stepped back from supporting WVI and are focused on incubating new projects with different partners - bringing together funders and pioneers to create more high impact, scalable models.
To identify such projects, we conducted the "Reimagine Waste" hackathon in association with the IISc. The hackathon, focused on the 'waste picker', brought together people from all walks of life - from students to corporate to domain experts. Each team had a waste picker as part of it so that solutions created were inclusive and based on real problems. Over 50 problems were identified and the hackathon concluded with over 30 solutions proposed. Six teams won in various categories with a total prize money exceeding INR 3 lakhs. The teams were further invited to explore and work on possible commercialization of their ideas in a 45 day period after the hackathon. 10 teams took part in this and were exposed further to the ecosystem, mentors and domain experts. Two such ideas have reached the final stage where they will be funded for commercial pilots.