Financial consulting co. Scope invests $1-M in waste recycler Goodeebag

Scope, a financial consulting and fundraising firm, has invested USD 1 million in Hyderabad-based Goodeebag, a waste recycling firm, to fuel the company's expansion efforts and strengthen its presence in existing markets across India.Goodeebag is a unique waste management application that collects waste for free from households and provides them with redeemable reward points.Goodeebag claims to have added over 4,500 families to its network by June 2024 and completed 30,000 waste pick-ups. The company plans to expand into three new metro cities and reach two lakh families by the end of 2024.