Attero Success Story: In the world of Startups, every day new Startups keep emerging in front of the world due to their success. Similarly, today we have brought before you the story of a Startup whose innovative idea has increased the value of his Startup to Rs 300 crore.
CONTENTS 📙:
- FOUNDER OF ATTERO
- Li-ion batteries can also be recycled
- The company has got 38 patents done
- Have earned up to Rs 300 crore
- The company makes these products
- Company will generate revenue of Rs 8000 crore
- Which is the largest recycling company in India?
- Where is Attero company located?
FOUNDER OF ATTERO :
Attero Startup was started in the year 2008 by Nitin Gupta and Rohan Gupta from India. Nitin Gupta is an MBA graduate from London Business School and Rohan Gupta is an Engineering graduate. Both of them decided to start this startup at a time when India was a major contributor to e-waste in the world.
Besides, the amount of e-waste in India was also increasing at that time because the demand for laptops and mobiles was increasing. Keeping this in mind, both of them started Attero so that they can earn good money with the help of e-waste and our environment can also benefit from it.
Nowadays, with the help of Attero Laptops, Mobile Phones, Televisions, Tablets and Refrigerators, many types of metals are extracted from them like gold, silver, aluminum and copper.
Li-ion batteries can also be recycled:
Moving forward with time, both founders Nitin and Rohan, in view of the increasing opportunities in the e-waste industry, started doing a lot of research on how Li-ion batteries can be recycled. Due to which, after some time, when his research was successful, in the year 2019, he also started recycling Li-ion batteries.
There is a huge amount of Li-ion batteries in E-Waste, and after Attero’s recycling process of Li-ion batteries, now the company is getting a good profit with the help of Li-ion batteries.
The company has got 38 patents done :
Let us also tell you that Attero has also got patents on 38 of its technologies to tackle the challenges in the future, so that no one can steal their technology.
Attero has also patented the process of recycling Li-ion batteries because this company uses a completely new technology for this.
Have earned up to Rs 300 crore :
According to a report by Inc42, Attero is currently a profitable business which had earned a profit of Rs 40 crore in the last FY22 and a revenue of about Rs 214 crore.
If we talk about this FY23, then according to the reports of the company, till now they have made a revenue of around Rs 300 crore and this amount is increasing further.
The company makes these products
For your information, let us also tell you that Attero also provides its high quality products in domestic and international markets which include 99% Pure Cobalt Chips and Pharaceutical grade lithium carbonate products.
Their consumers are also very happy with their products and their reviews are also quite positive.
Company will generate revenue of Rs 8000 crore :
Attero is currently working in very limited places, but in the coming time, this company is going to expand its work internationally on a big level, due to which it is estimated that the company will increase its revenue to around Rs 8,000 crore within the next 3 years. Can take it to.
Commonly Asked Questions:
Which is the largest recycling company in India?
Attero is India’s largest recycling company, which has made a huge contribution in recycling India’s E-Waste.
Where is Attero company located?
Attero Company is located in Noida city of India.
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WHO IS THE FOUNDER OF ATTERO RECYCLING COMPANY?
Rohan Gupta & Nitin Gupta is founder of Attero Recycling Company.
