Private Equity

PE Fund Investments

Waste management firm Blue Planet raises $35-M from IFU

Business Line  

Delhi and Singapore based Blue Planet Environmental Solutions a sustainable waste management company with operations in India, South-East Asia and UK, has received USD 35 million investment from The Investment Fund for Developing Countries (IFU). The funds from IFU will further boost Blue Planet's capabilities in two key areas in India – landfill reclamation and e-waste recycling. Blue Planet is a leader in landfill bio-mining which is the reclamation of legacy landfills and re-purposing the recovered material into useful resources. Blue Planet also plans to operate one of the largest e-waste recycling centers in India. Its suite of e-waste solutions includes a proprietary method to recover high-value materials from electronic waste components, which are traditionally lost due to inefficient, inherently toxic, and outdated processing methods.