| Business Basics |
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| Company Name |
Revive Enterprises |
| Founded in |
2008 |
| Headquartered in |
Bangalore |
| Company website/URL |
No website yet but in the process of buildinng one |
| Industry |
Cleantech |
| Stage of the company |
Just starting |
| Source of idea |
Discovered by chance |
| Partnerships & Tie-ups |
The enterprise intends to invest in R & D activities in the field of Hazardous waste management and Commodity recovery from obsolete electronics. ...> Read more.. |
| Partnerships & Tie-ups |
The enterprise intends to invest in R & D activities in the field of Hazardous waste management and Commodity recovery from obsolete electronics. The company is in the process of establishing an MOU with IIT Chennai and IIT Bombay for R & D activities related to the company's production and processes. It is in talks with various Institutions and Local governments in India,The United States and Australia to source their electronic waste. Simultaneously the company is also in the process of setting up collection centers domestically to establish credibility and create awareness amongst consumers and manufacturers about the dangers of the present treatment of electronic waste.
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| Business description |
Electronics industry is the world's largest and fastest growing manufacturing industry. Rapid growth, combined with rapid product obsolescence have now made discarded electronics the fastest growing waste stream in the industrialized world. Most of the obsolete electronic stuff is either incinerated openly by the unorganized players (scrap ...> Read more.. |
Electronics industry is the world's largest and fastest growing manufacturing industry. Rapid growth, combined with rapid product obsolescence have now made discarded electronics the fastest growing waste stream in the industrialized world. Most of the obsolete electronic stuff is either incinerated openly by the unorganized players (scrap yards) or in foundries by the organized players to extract precious metals. As a result the hazardous waste present in the electronic goods is left untreated and causes permanent damage to the environment and the surrounding population. The present focus is only on commodity recovery and not on treating the inherently present hazardous material and rendering them harmless. Revive Enterprises wishes to foray into electronic waste management with a motive to render the hazardous substances harmless.It aims to achieve a Zero % landfill when compared to the present industry standard, SIXTY % and be a dominant player in the commodity recovery segment. The processes designed by the company are diametrically opposite to what most of the industry is doing presently. Our processes are much cleaner; eradicate demand for a downstream application to treat residues and results in outputs that
find higher prices in commodity markets worldwide. Over a period of years it promises to progress into a reliable, affordable, world class, end-to-end
electronic waste management service provider to various Corporates, Institutions and Equipment manufacturers.
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| How does the business make money? |
| Extraction of Commodities from Obsolete Electronic goods
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| Team information |
| Founder - Siddarth Shivkumar , Technology Consultant - Mr Ramachandran , Legal Consultant - Mr Sunil Bheroo
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| Competition |
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| Competitors |
E Parisara - Bangalore, Ash Recyclers - Bangalore , Tessam - Chennai
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| How different is your product or service? It has... |
No substitutes available |
| In what way is your product or service different? |
Technology, Business Process
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| By The Numbers |
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2006 |
2007 |
| No. of employees |
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0-5 |
| No. of locations |
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0-1 |
| No. of customers |
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0-1 |
| Turnover |
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pre revenue |
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| Primary source of initial funding |
Personal savings |
| Primary source of additional funding |
Personal savings |
| Raised institutional capital? |
No |
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| Why is this startup hot? |
The rate at which electronic waste is becoming a major part of both industrial and municipal solid waste, it has become imperative that necessary steps be taken to treat them seperately. Electronic waste management Know-how and it's implementation is the need of the hour and Revive Enterprises provides a solution for precisely this problem.It has t...> Read more.. |
The rate at which electronic waste is becoming a major part of both industrial and municipal solid waste, it has become imperative that necessary steps be taken to treat them seperately. Electronic waste management Know-how and it's implementation is the need of the hour and Revive Enterprises provides a solution for precisely this problem.It has taken necessary steps to understand the complexity of the issue in terms of collection, segregation and treatment.
What's more, it even promises to extract high yielding commodities like ferrous, non-ferrous metals, and a range of polymers/plastics from the obsolete electronic goods thus providing a non-conventional alternative to corresponding more expensive and fast depleting virgin commodities. The increasing prices in essential commodities like metals that we have witnessed in recent times holds testimony to this fact.The recycling industry is one of the fastest growing segments and rightly so.
Revive Enterprises wishes to be a leader in this segment.
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| What keeps the team awake at night? |
We, at Revive, aim at maximum recovery of materials from obsolete electronic appliances. Also , we keep in mind that this process is achieved at very minimal energy costs and there is no residual pollution that needs to be taken care of. Innovation in usage of extracted commodities for use in an array of applications, right from aesthetics to structural engineering, as well as total eradication of hazardous materials while keeping the energy consumption at bay is what the team continuosly strives for. |
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