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Sunday, 06 June 2021 / Published in Media

World Environment Day: Meet 6 startups carving sustainable and green future for India

Origo Commodities: Co-founded in 2010 by two IIT Delhi Alumni’s Sunoor Kaul and Mayank Dhanuka, Origo aims to redefine traditional modes of procurement, handling, preserving, storing and financing farm produce, which had been largely ignored by the agri markets. Over a decade, Origo has expanded pan-India, with 500 warehouses operating across 12 states in the country. The company’s Assets under management  are $1.4 billion. The primary focus of the business has been on creating sustainable ecosystem. Origo has become the largest service provider to the government with its warehousing capability and network, and is also spearheading a technological transformation in agri supply chain. The Company is working on reducing greenhouse gas emissions. The results show that Origo’s efficient warehousing and scientific storage practices have been instrumental in reducing the wastage of grain and agricultural stocks, thereby reducing the carbon footprint and the overall impact on the environment. The achievements are in line with the United Nations Sustainable Development Goals, as Origo’s handling of 4 million MT of commodities were done sustainably, avoiding 0.3 million MT of wastage, worth approximately $20 million.

Reference: https://climatesamurai.com/climate/world-environment-day-meet-6-startups-carving-sustainable-and-green-future-for-india/

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