| Business Basics |
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| Company Name |
Daily Dump |
| Founded in |
2006 |
| Headquartered in |
Bangalore |
| Company website/URL |
www.dailydump.org |
| Industry |
Green product/Composting |
| Stage of the company |
Several customers or locations |
| Source of idea |
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| Awards & honors |
"Nominated for the INDEX awards 2007 - an international award to improve the quality of life
Awarded the Green Product of the Year by Anchor Better I...> Read more.. |
| Awards & honors |
"Nominated for the INDEX awards 2007 - an international award to improve the quality of life
Awarded the Green Product of the Year by Anchor Better Interior Excellence Awards 2007"
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| Business description |
Daily Dump has designed a product with which anyone can convert kitchen waste into compost at home. The product, made of terra-cotta, is sourced from village potters. It is marketed through word-of-mouth referrals, media awareness, and our website. It is sold through channels including individuals, retail stores, and societies. The designs are 'open sour...> Read more.. |
Daily Dump has designed a product with which anyone can convert kitchen waste into compost at home. The product, made of terra-cotta, is sourced from village potters. It is marketed through word-of-mouth referrals, media awareness, and our website. It is sold through channels including individuals, retail stores, and societies. The designs are 'open source', so individuals in other locations can replicate, adapt, build on, sell and use - for wide and rapid propogation of the idea. The current product works well in independent homes; we are working on a 'mechanical composter' for use in flats. Our vision is to see a composter pre-fitted in every flat sold in the country, as a standard fitting. Daily dump not only retro fits composters at homes and other establishments but also provides maintenance advice and assistance through its service plans, essentially allowing you to just dump and letting nature and Daily Dump do the rest.
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| How does the business make money? |
| Breaks even, except for my time and expertise. It will make money by supporting the growth of microenterprise and by new products.
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| Team information |
Poonam Bir Kasturi-Founder
Shashwati B-Designer
Kaniyika Kini-Designer
Delara Damania-Designer
Nomita Khatri-Designer
Kavitha Kasturi-Manager
Vishwanath Gopalakrishnan-Mentor
Nandalal Narayanan-Mentor
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| Competition |
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| Competitors |
Exel Industries / Vermicomposting / Pits / Landfil Sites / The corner dump
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| How different is your product or service? It has... |
Substitutes that differ in function |
| In what way is your product or service different? |
In India no commerical home composter was available till the Daily Dump product. Our product allows every homeowner to reduce their contribution to...> Read more.. |
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| By The Numbers |
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2006 |
2007 |
| No. of employees |
0-5 |
0-5 |
| No. of locations |
0-1 |
6-15 |
| No. of customers |
over 50 |
over 50 |
| Turnover |
Under 10 lacs |
Under 10 lacs |
| Profits |
breakeven |
breakeven |
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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? |
You are a ordinary Indian. You are tired of words, you want to contribute in a tangible, direct manner to the mess you see around you. You hear about Daily Dump. Hmmmm, you say, it seems so simple, what took it so long to arrive? That's what is hot about Daily Dump. Its a simple but immediate first step for every Indian who wants to make a difference to ...> Read more.. |
You are a ordinary Indian. You are tired of words, you want to contribute in a tangible, direct manner to the mess you see around you. You hear about Daily Dump. Hmmmm, you say, it seems so simple, what took it so long to arrive? That's what is hot about Daily Dump. Its a simple but immediate first step for every Indian who wants to make a difference to the waste issue in our cities. Its so simple that anyone can do it! From a larger perspective, the open-source platform emphasises that waste (like water, education, equity and dignity) belongs to "all of us" - we cannot abdicate responsibility only to the politicians, lobbyists, or big corporations. Our vision is to remain not-for-profit, but make a large impact. What's cool is that we already have clones (using our designs) in the USA, Middle East, Allahabad, and Chennai, and more than 1500 customers all over the world.
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| What keeps the team awake at night? |
How do we get Amitabh Bachan to endorse this on TV? How do we begin to sell 600 units a day? How do we get builders to retrofit a composter in each balcony and utility- How can we design our new mechanical composter such that it follows the cradle to cradle philosophy and yet is cheap and fits into the informal manufacturing setup that dots the Indian urban landscape?
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