your password has been reset successfully, Please login again.

Blue Planet Environmental Solution buys Pune-based Rudra Environmental Solution

The combined entity will be providing a comprehensive solution to convert waste plastic into valuable energy and material outputs.
BY BEx Bureau
BusinessEx
Oct 10, 2018

Singapore headquartered Blue Planet Environmental Solutions Pte Ltd has acquired Rudra Environmental Solution (India) Ltd, a Pune-based company. The amount of the transaction has not been disclosed.

The combined entity will be providing a comprehensivesolution to convert waste plastic into valuable energy and material outputs.

Rudra Environmental is operating a thin-film plastic waste recovery facility in Pune.

Dr Medha Tadpatrikar, Founder and Executive Director, Rudra Environmental Solution, said, "Rudra has been at the forefront of the waste plastic-to-oil conversion process and is a pioneer in finding solutions for end of life waste plastic, especially thin plastic, which traditionally has no or low monetary value."

Blue Planet was founded in 2017. It offers a full spectrum of services for waste management, which includes collection, segregation and treatment of waste.

Prashant Singh, Founder and Chief Executive, Blue Planet Environmental Solutions, said, "Blue Planet's strategy of creating an end-to-end waste management platform is the only sustainable way of solving the ever-growing waste crisis."

Please add your Comment
SIMILAR News
October 19, 2018
With this acquisition, IIFL Wealth will increase its client base, and will expand its portfolio mana ...More
By Vaishnavi Gupta
October 18, 2018
This is the second acquisition of InMobi in 2018, after it bought AerServ in January for $90 million ...More
By Vaishnavi Gupta
October 17, 2018
The Mumbai-based enterprise security company will make the investment through its wholly-owned subsi ...More
By Vaishnavi Gupta
October 16, 2018
This is the second acquisition of DailyNinja in Hyderabad after the acquisition of 4amShop in August ...More
By Vaishnavi Gupta
October 13, 2018
With this acquisition, the Bengaluru-based mobile entertainment services company will expand its bus ...More
By Vaishnavi Gupta
October 12, 2018
As part of the deal, Advent purchased entire 40% stake held by Indian PE firm Kedaara Capital and a ...More
By Vaishnavi Gupta
October 11, 2018
Future Enterprises will pay Rs 20 crores for the stake and Rs 5 crores additionally, if required. ...More
By Vaishnavi Gupta
October 11, 2018
The acquisition will help MobiKwik to strengthen its foothold in the digital financial services sect ...More
By Vaishnavi Gupta
October 09, 2018
The company is expecting that the AP unit will help it to strengthen its presence in the highly comp ...More
By Vaishnavi Gupta
October 09, 2018
With the acquisition of Two Roads, Hyatt will expand its brand presence into 23 new markets. ...More
By Vaishnavi Gupta
October 08, 2018
The acquisition marks Mercer's entry into the global talent assessment market. ...More
By Vaishnavi Gupta
October 06, 2018
Through this acquisition, Thomas Cook is foraying into the travel technology space. ...More
By Vaishnavi Gupta