Intellecap Impact Investment Network and Rianta Capital invest Rs 10 million in Sampurn(e)arth Environmental Solutions
Friday, August 21, 2015
Intellecap Impact Investment Network (I3N) has invested Rs 10 million in Mumbai-based waste management company Sampurn(e)arth in syndication with Zurich-based family office Rianta Capital and Primarc Group Director Siddharth Pansari of ah! Ventures. The deal was led by I3N investors Ajay Dalmia and Nirmal Bhogilal.
Co-founded by Debartha Banerjee, Jayanth Nataraju, and Ritvik Rao, Sampurn(e)arth provides end-to-end decentralized and customized waste management solutions such as dry waste collection and processing, biogas plant installation, composting, O&M and consulting services. It works closely with the non-profit waste picker organization Stree Mukti Sanghatana and actively incorporates waste pickers into the process, thereby up-skilling them and increasing incomes. Its clientele includes municipal bodies, corporate parks educational campuses and residential units.