What we do

Banyan is one of India’s first vertically integrated plastic recycling companies that helps global brands use more recycled plastic instead of virgin plastic. Our proprietary plastic cleaning technology converts collected post consumer and post industrial plastic waste into high quality recycled granules – Better Plastic™ – comparable in quality and performance to virgin plastic. Our award winning data intelligence platform integrates thousands of informal recyclers into our supply chain and also helps cities manage their waste more effectively.

Plastics Technology

Banyan's proprietary plastic cleaning technology removes inks, coatings, and other contaminants using environment friendly detergents and solvents to supply near virgin quality recycled granules to brands, a first in India highly informal, low tech industry. Banyan pioneered closed loop recycling initiatives with India's leading automotive company (making new bumpers from discarded ones) and a global cosmetics company (making new bottles from discarded ones), establishing circular economy leadership in the automotive and beauty sector respectively, that can be extended to other industries.

Data Intelligence

Banyan is one of the first companies in the country to use mobile, cloud and IoT to integrate thousands of informal sector last mile collectors into its supply chain to recover post consumer as well as post industrial plastic waste. The platform has now been extended to help cash-strapped municipalities understand waste flows through their cities and use a data-centric approach to make waste management more efficient, effective, and economical.


Why Better Plastic ?

Better Quality

Scientific rigor in segregation, washing and extrusion allows Banyan to identify resins with a high degree of accuracy, prevent cross-contamination, eliminate product and packaging contaminants and produce a consistently high quality product.

Better Performance

Addition of performance polymers allows Banyan to meet stringent thermal and mechanical properties, a must have in high performance applications such as automotive and consumer electronics.

Better for society

An equal opportunity employer, Banyan provides safe and sanitary working conditions, fair wages, retirement benefits, and health insurance for its workers, setting a high bar for social responsibility, unheard of in a largely informal industry.

Better for earth

Stringent adherence to air and water quality indicators mandated by the pollution control board, ensures that Banyan's processes and products do not negatively impact the environment.

Ask for Better Plastic


Design and manufacture sustainable products and packaging with Better Plastic. Make in India sustainably. We offer standard as well as custom grades of recycled compounds for your specific needs. We specialize in recycled resins for consumer packaging, auto components, consumer durables such as furniture, and consumer electronics.

Waste Generators

Responsibly recycle your discarded plastic with us. It does matter. We work with bulk waste generators and aggregators and accept post consumer and post industrial scrap plastic. For example, post consumer shampoo bottles, auto parts, woven sacks, paint pails, etc. For detailed specifications on resins, quantity and quality write to us or call us directly.

Our Story

Learn more about how we built a technology-driven recycling business that is rooting out inefficiencies in the waste value chain in India.

Our Team

Mani Web
Mani Vajipey

Seasoned business and technology professional. Prior to Banyan, Mani was with Qualcomm Inc. involved in the design, development, testing and commercialization activities of mobile technologies. Mani holds dual MBAs from UC Berkeley (Haas) and Columbia Business Schools, an MS Degree in Electrical Engineering from University of Delaware and a BTech Electrical Engineering from NIT, Warangal.

Raj Web
Raj Madangopal

Technologist with global experience. Prior to Banyan, Raj worked at Voltari Corp. building teams, architecting technical solutions, designing, developing, and driving customer experience for $100Million+ products with 10Million+ customers. He holds an MS Degree in Mechanical Engineering from the University of Delaware.

Venkat Web
Venkat Vaka
Director, Supply Chain

Supply chain and informal sector inclusion expert. Venkat was previously with SKS Microfinance working directly with Vikram Akula leading strategy and new initiatives of non-financial products aimed at bottom of the pyramid. He holds a PGPABM Degree from IIM Ahmedabad, BSc, Agri from Achrarya N G Ranga Agricultural University, Hyderabad

Rashi Cropped 2
Rashi Agrawal
Director, Partnerships

Impact investor and strategy consultant. Rashi was previously with Impact Investment Exchange, Intellecap (Impact Investing); Campbell Alliance (Healthcare Strategy Consulting); NERA (Financial Services Consulting) before joining the team of Banyan. She is an MBA from Columbia Business School and holds  a BS in Electrical Engineering and BA Economics (dual major) from the University of California, Irvine.

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World Economic Forum, Davos 2018

Winner of The Circulars People's Choice 2018 Award

The Circulars, an initiative of the World Economic Forum and the Forum of Young Global Leaders, is the world’s premier circular economy award program. The awards are open to individuals and organizations from commerce and civil society in seven distinct categories and are designed to recognize and celebrate, on a prestigious global stage, all facets of the circular economy movement. The fourth annual iteration of The Circulars was held at the World Economic Forum Annual Meeting in Davos on 22nd of January 2018 where Banyan won the People's Choice award. Thank you for voting for us.

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