Attero: In the world of startups, new startups continue to emerge every day due to their success in the world. Today, we have brought the story of a startup in front of you, due to whose innovative ideas, they made the value of their startup up to Rs 300 crore.
At the same time, with the help of this startup, a very positive effect is also falling on our environment, due to which many people are not tired of praising this startup. Yes, we are talking about Attero Startup which is a Noida based startup whose main work is to recycle e-waste or remove precious metal from it.
E-waste here means damaged laptops, phones and tablets. Let’s know how this startup started and how it became a 300 crore startup today.
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This Is The 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 decided to start this startup at a time when India was a huge contributor to e-waste across the world.
At the same time, the amount of e-waste in India was also increasing, because at that time the demand for laptops, mobile phones was increasing. In view of this, they both created Attero so that, with the help of e-waste, he can earn good money and can also benefit our environment.
In current times, Attero removes many types of metals from laptops, cell phones, televisions, tablets and refrigerators with the help of waste materials such as gold, silver, aluminum and copper.
|Article Title||Attero: Rs 300 Crore Company Turn Garbage Into Gold !|
|Startup Name||Attero Recycling|
|Founder||Rohan Gupta & Nitin Gupta|
|When Started||In 2008|
|FY22 Revenue||214 Crore|
|Based In||In Noida, India|
Li-ion Batteries Can Also Be Recycled
Over time, founders Nitin and Rohan started doing a lot of research on how lithium-ion batteries can be recycled, given the growing opportunities in the e-waste industry. After some time, when his research was successful in the year 2019, he also started recycling lithium-ion batteries.
E-waste contains a large amount of lithium-ion batteries and after Attero’s lithium-ion battery recycling process, the company is now getting a good advantage with the help of lithium-ion batteries.
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The Company Has Got 38 Patents Done
Let’s also say that Attero has also patented 38 of its technologies to face the challenges that will come in the coming times, so that no one can steal its technology.
Attero also patented the company’s lithium-ion battery recycling process 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.
For your information, please also let us know that Attero also offers its high-quality products in domestic and international markets, including 99% pure cobalt chips and pharmaceutical grade lithium carbonate products.
Consumers are also very satisfied with these products and their reviews are also very positive.
The company will generate revenue of Rs 8000 crore.
Attero is currently working in very limited locations but in the coming times, this company will increase its work on a large scale internationally due to which it is estimated that the company can take its revenue to around 8000 crores in the next 3 years.
We hope that with the help of this article you got information about Attero Business, if you like its story then definitely share it with your friends.
Which is the biggest 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 the Attero company located?
Attero Company is located in Noida, India.