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. We’re doing a gross transaction value of around 20 Lacs per month.
Operations Commenced On 2019
Franchise Commenced On 2021
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 50000
Royalty/Commission 15 %
Anticipated percentage return on investment 50 %
Likely pay back period of capital for a Unit Franchise 1-4 Months
Haryana, Uttar Pradesh
Karnataka, Telangana
West Bengal
Gujarat, Maharashtra, Rajasthan
Bihar
Chandigarh
Type of property required for this franchise opportunity Domestic
Floor area requirement 1500 - 5000 Sq.ft
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is the term renewable? Yes
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