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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Scrap Dealers & Management Services

Swapeco Solutions Private Limited

Area Requirement 1500 - 5000 Sq.ft
Investment Size INR 50 K - 2 Lac
Franchise Outlets Less than 10
Business Detail

Short Description

An On-Demand Recycling Platform for India.

Problem

In India, Households Enterprises sell off their recyclables to traditional recyclable waste buyers (also called "Kabadiwalas"). The Recycling industry is dominated by these informal waste buyers and people face various problems (lack of on-demand collection service, unregulated rates, cheating in weight measurement, offline transactions, etc.) while dealing with them.

Solution

We discovered that some of the most pressing challenges faced in the recycling industry could be solved through digital technology and hence, we came up with Swapeco, a digital platform (App/Web) that enables users to dispose of their Recyclables/KABAD (Paper, Plastics, Metals, E-waste, etc.) in a responsible rewarding manner. Users can simply schedule a doorstep pickup for their recyclables get paid for them.

Progress:

Over the last 2 years, we have received more than 40K registrations on our platform from all over India and have successfully executed around 10K pickups (currently operating only in Delhi). We have successfully diverted around 800,000 kilograms of recyclables from landfills to recycling units through our platform. Were doing a gross transaction value of around 20 Lacs per month.

Investment Detail
Commenced Operations
Operations Commenced On 2019
Franchising / Distribution Commenced On 2021
Franchise Details
UNITS
Location Store wise
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 50000
Royalty/Commission 15 %
Expansion Locations
North
Haryana, Uttar Pradesh
South
Karnataka, Telangana
East
West Bengal
West
Gujarat, Maharashtra, Rajasthan
Central
Bihar
UNION TERRITORIES
Chandigarh
Franchise Details
Anticipated percentage return on investment 50%
Payback Period 1-4 Months
Property Details
Type of property required for this franchise opportunity Domestic
Area Requirement 1500 - 5000 Sq.ft
TRAINING DETAILS
Franchisee training location At franchisee location
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is term renewable? Yes

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