EcoEx
“Envisioning a future where businesses fulfil their environmental responsibilities seamlessly and transform into sustainable operations.” – Nimit Aggarwal, Founder & Director, EcoEx
In a world grappling with the challenges of overburdened waste streams and environmental degradation, EcoEx stands as a beacon of hope. Founded in 2018 by Nimit Aggarwal, an eco-conscious entrepreneur and thought leader, EcoEx was born to address the need for sustainable solutions in the recycling industry. By streamlining the unorganised recycling sector, EcoEx promotes circularity and sustainability, working towards a waste-free ecosystem.
EcoEx: A Digital Platform for Sustainable Waste Management
EcoEx is a cutting-edge digital platform aimed at transforming India’s waste management industry. The company provides a wide range of services, including advisory solutions for plastic footprint assessment, creating sustainable operational programs, and fulfilling Extended Producer Responsibility (EPR) liabilities.
Key Offerings of EcoEx
EcoEx provides traceable EPR Credit Certificates to meet CPCB regulations, ensuring compliance with Extended Producer Responsibility obligations. It also offers consultancy services, assisting businesses with EPR registration and global Verra Registration. The platform helps companies utilise advanced tools to streamline waste management through its technology consulting services. By offering eco-friendly products, EcoEx enables businesses to transition to sustainable alternatives. Additionally, its B2B digital marketplace facilitates plastic waste trading, connecting stakeholders and promoting a circular economy.
What Sets EcoEx Apart?
EcoEx stands out due to its innovative approach and use of advanced technology. It leverages automation and blockchain to streamline transactions and enhance transparency. Adherence to PWM rules and other government regulations ensures compliance. With a network of over 2,400 partners, including recyclers and collectors, EcoEx facilitates effective waste management and trade. Real-time market insights allow businesses to optimise their waste management plans effectively.
Commitment to R&D
EcoEx believes in the power of research and development to drive innovation and address industry challenges. Through continuous investment in R&D, the company stays ahead of trends, introduces new technologies, and offers cutting-edge solutions to its clients.
Work Culture and Leadership
EcoEx fosters a culture of sustainability, innovation, and collaboration. Employees are encouraged to engage in open communication and continuous learning, contributing to the company’s vision of sustainable waste management. Co-Founder and CEO Akshaya Rath views leadership as an opportunity to inspire and encourage colleagues to work towards a shared objective. Empathy, strong communication, and vision are central to his leadership philosophy.
Milestones and Achievements
Since its inception, EcoEx has achieved remarkable milestones, including executing 150,000 metric tonnes of EPR plastic credit transactions, with a target of 300,000 metric tonnes. Its network of 2,487+ members includes 1,897+ recyclers, fostering diverse waste management options. EcoEx has been recognised with awards like the FICCI Smart Urban Innovation Award and the Sustainability Business Excellence Award. It has also been named among the “10 Best Waste Management Startups” by Silicon India Startup City in both 2022 and 2023.
Future Roadmap
EcoEx plans to expand its impact by addressing additional waste streams such as rubber, e-waste, tyres, and batteries. Collaborations with government entities and urban local bodies aim to raise awareness and further organise the recycling sector. The introduction of environment-focused NFTs for global traceability demonstrates EcoEx’s forward-thinking approach.
Advice for Aspiring Entrepreneurs
EcoEx advises entrepreneurs to identify pressing social issues and create innovative solutions. Choosing a field of passion ensures sustained motivation, while leveraging technology enhances efficiency and competitiveness. Building a team that shares the vision and complements expertise is essential for success.
With its relentless focus on sustainability and innovation, EcoEx is paving the way for a cleaner, greener world, where the plastic recycling industry is organised, CO2 emissions are reduced, and waste management practices are elevated.
