How to balance social cause and profitability5 min read . Updated: 30 Apr 2019, 01:13 AM IST
- The Bengaluru-based startup has carved out a niche by catering to small and medium companies’ need to dispose of their e-waste
- Binbag has over 40 clients from IT, IT enabled services and manufacturing across the country
Creating a business to address a social cause is easy but making it profitable is the tricky part. And that’s the balance Binbag Recycling Services Pvt. Ltd has been able to achieve. The Bengaluru-based startup has carved out a niche by catering to small and medium companies’ need to dispose of their e-waste. Since 2014, when it was set up, it has established a 300-tonne e-waste plant in Andhra Pradesh and is in the process of setting up another 100-tonne e-waste plant in Guwahati. The latter will be the first such plant in the North-East, says founder Achitra Borgohain, 40.
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