Waste Ventures is a Hyderabad based startup that is revolutionizing the supply chain of corporate waste management by providing a streamlined composting service to giants like Coke and Hindustan Unilever Limited. The company also employs several hundred ragpickers and actively contributes to formalisation and upskilling of this largely unskilled and underpaid workforce that forms the backbone of nation’s waste management ecosystem.
Companies like Waste Ventures are actively building a circular economy that brings us closer to a future of zero waste! In this menternship, Waste Ventures requires you to apply the principles of design thinking and develop a product/service in the area of waste management that is both marketable and scalable.
Waste management does not begin with segregation of waste into recyclable and non-recyclable bins. Waste management truly begins before consumption. It begins by altering the choices of consumers to the goods and services that lead to zero waste. This is where the concept of circular economy steps in. Today, our economy is linear. At one end, we input non-renewable raw materials and at the other end we collect non-degradable waste. This model of consumption is not sustainable. Eventually, we will run out of both raw materials and places to dump our waste. In order to survive, we need to build a world of circular economy - one in which nothing goes to waste, everything is repurposed, reused and recycled.
Design an innovative product or service that contributes to the creation of a circular economy