<article>Hyderabad-based <a style="color: #000080;" href="http://52.27.118.168/#product">Banyan Sustainable Waste Management Solutions Pvt Ltd</a>, which runs Banyan Nation, has raised $800,000 from (Rs 5.4 crore) from <a style="color: #000080;" href="http://www.artha.com.mx/index-en.htm" target="_blank">Artha Capital</a>, the company said, in a press release.</article>

Hyderabad-based <a style="color: #000080;" href="http://52.27.118.168/#product">Banyan Sustainable Waste Management Solutions Pvt Ltd</a>, which runs Banyan Nation, has raised $800,000 from (Rs 5.4 crore) from <a style="color: #000080;" href="http://www.artha.com.mx/index-en.htm" target="_blank">Artha Capital</a>, the company said, in a press release.
&#8220;The consequences of our collective inaction seem negligible now, but over time it will be devastating to the environment.. We must each do our bit to stem the tide. Banyan, by laying the foundation for a formal recycling system, is doing just that,&#8221; said Jaideep Khanna, co-founder, Artha Capital.
This is a part of the social enterprise technical assistance project run by the global PE firm KKR and Shujog &#8211; the not-for profit-initiative by Impact Investment Exchange (IIX).
&#8220;Our goal is to become a trustworthy and responsible recycling partner who offers recycled plastic at consistent quality, volume and prices through technology innovations, scientific rigor and ethical business practices,&#8221; said Mani Vajipey, founder and CEO of Banyan Nation.
Incorporated in 2013, Banyan Nation collects waste materials from aggregators, sorts and grades the plastic waste, and manages a treatment and recycling process that produces higher-quality plastic pellets.
&#8220;Given our robust supply chain and scientific rigor in recycling, we are an ideal partner for brands that truly value our social and environmental commitment in addition to our superior-quality product,” said Raj Madangopal, co-founder and COO of Banyan Nation.
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Hyderabad-based Banyan Sustainable Waste Management Solutions Pvt Ltd, which runs Banyan Nation, has raised $800,000 from Artha Capital, the company said.

India: Plastic recycling firm Banyan Nation raises $800k from Aartha Capital

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India: Plastic recycling firm Banyan Nation raises $800k from Aartha Capital

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