RECITY NETWORK PRIVATE LIMITED

In their own words

Recity's integrated technology platform fosters collaboration and facilitates a seamless flow of materials and finances among stakeholders within the waste value chain.This platform establishes a unified ecosystem interested in Recity's plastic material as a physical asset and Credits as Virtual Assets. Recity's core objective is to establish a unified ecosystem that not only ensures the efficient movement of materials but also streamlines financial transactions. The technology platform will be designed to generate two key assets: Plastic as a Physical Asset and Extended Producer Responsibility (EPR)/ Plastic or carbon Credits as Virtual AssetsRecity has adopted an ecosystem model, through which it engages all stakeholders involved. By collecting plastic waste from diverse sources, including households, businesses, and municipalities, Recity initiates a sorting and processing phase to extract valuable materials for varied applications. This methodology establishes a closed-loop system, reducing landfill waste while providing reusable raw materials for industries.Recity's strategy integrates infrastructure, technology, and supply chains. It formalizes the informal sector by incentivizing waste collection, operates sorting facilities capable of segregating plastic waste according to recycling specifications, and builds partnerships to ensure circularity of recycled plasticVisit us on our Website

Written by the company on its public Startup India profile. Not verified by us.