Mumbai-based, waste mangagement startup Sampurn (e)arth Environmental Solutions has raised Rs.1 crore in its first round of funding from Intellecap Impact Investment Network (I3N) and a Zurich-based Family Office fund.
Sampurn(e)arth Environment Solutions Pvt. Ltd. envisions a world where waste is transformed into utilizable resources without exploitation of people or the planet. They are working towards breaking the non-cyclic process of waste management, which currently involves extraction, production, consumption and dumping or landfilling, resulting in green house gas emissions, ground water pollution and an ever-increasing strain on natural resource.
The startup has been founded in 2012 by three college mates Ritvik Rao, Debartha Banerjee and Jayanth Nataraju. They all hold a masters degree in Social Entrepreneurship from the Tata Institute of Social Science.