India is among the top ten countries in the world in terms of municipal solid waste generation, driven by rapid urbanization, economic growth and increasing urban consumption. According to leading market research, India produces around 62 million tons of waste annually, of which only 43 million tons are collected and only 20 percent is processed for recycling, indicating a significant, underserved market that is ripe for expansion.
The sector, which is worth between 13 and 25 billion dollars annually, is expected to grow at a minimum rate of 6-8 percent. Government initiatives such as the Swachh Bharat campaign underscore the nation's commitment to waste management and the integration of technology for transformative impact. Gurugram-based Let'scrap is a pioneer in comprehensive recycling solutions, committed to eco-friendly practices that create sustainable value for both customers and the environment. The firm aims to simplify the path of recycling to a transparent, sustainable, and 'green' model generating immense economic value for its customers.
Bridging the Gap
“Our firm addresses a significant barrier in the waste management industry by tackling the lack of consumer awareness and engagement. Many individuals desire to contribute to the circular economy but struggle to access relevant services, leading to inefficient waste disposal practices.
We bridge this gap through technology-driven solutions and a commitment to value. Our on-demand waste collection service ensures convenience and reliability, empowering consumers to participate effectively.
Moreover, we offer a unique option for customers to donate proceeds from recyclables to NGOs, promoting environmental sustainability and social responsibility simultaneously”, said Udaibhan Singh, Founder, Let'scrap. At the heart of its strategy is prioritizing suppliers—individuals, families, societies, shopkeepers, SMEs, and industries—who generate scrap. The firm deeply engages with them, raising awareness about recycling benefits, using technology for efficiency, and emphasizing environmental stewardship. Its USP also centers on exceptional service delivery, ensuring a seamless and enjoyable recycling experience that garners positive wordof- mouth.
"Let'scrap's offerings for residential consumers, such as seamless ordering, cashless transactions, and reliable service, are driven by advanced technology, crucial for delivering superior customer experiences,” said Anuj Bhatnagar, Founder, Let'scrap. On the operational front, the firm employs state-of-the-art route planning algorithms to optimize collection efficiency, ensuring high productivity. Pricing algorithms linked to global and regional commodity prices maintain transparent and current consumer pricing.
Streamlining Waste Management
The company transforms the cumbersome process of scrap disposal into a seamless experience. Households can place orders via company's app or website, view and compare prices, and schedule pickups at their convenience. Let'scrap's electric vehicles, equipped with digital scales, ensure accurate measurements and hassle-free transactions. Payments can be made in cash, through UPI, or donated to an NGO.
“We also offer digital collection bins for residential areas, making it easy for residents to dispose of recyclables. Partnering with government-approved recyclers, we guarantee best-in-class recycling practices. “By simplifying the entire process and adding value, we make waste recycling convenient and impactful, turning a mundane task into a rewarding experience,” says Udaibhan Singh.
Let'scrap's commitment to sustainability is not just a philosophy but a daily practice embedded in every aspect of its operations. From electric vehicles and solar-powered bins to innovative digital solutions, the company exemplifies how technology can enhance environmental stewardship. By forging partnerships and providing transparent recycling certificates, Let'scrap's ensures both efficiency and accountability. Their holistic approach not only meets client needs but also contributes positively to the planet's future, demonstrating that sustainable business practices can lead to a cleaner, greener world for all.