Scrapcart has entered the fried to streamline that process, and Empower Industries, MNCs, Smes, and Recyclers to Responsibly Dispens of their waste when unlocking timele Value fromle Value from Technology.
Scrapcart is India’s first ai-power market for Industrial Scrap Trade, and Runs on the Principles of Price Transparency, Easy Documentation, Easy Document, Assured Material Quantity, and Strong ESG Compliances. The cutting-edge platform offers real-time bidding for scrap, made reliable through digital audits, secure and timely payments, and seamless transactions.
Mr. Vineet relia, founder, scrapcart
“The Indian Scrap Ecosystem is Vast, Yet Under-Digitized. Inefficiencies, Empowers Recyclers and Makes Responsible Recycling not just a just just possible but profitable, ” said Vineet relia, founder, scrapcart.
“Our-Powered Tech Platform Brings in Accountability, Compliance, and Growth Accross Our Value Chain with Minimum Human Interest,” He said
There, 62 million tonnes of waste generated annual in India, and the country’s scrap market stands at a massive value of $ 18 billion. However, this market is still untapped Since Scrap Management and Trade is an unorganized sector, one that is marked by midlemen ruling the root, trust issues, logistics, and compliance concurrents.
Scrapcart’s platform is designed to align with national circular economy objectives, including Swachh Bharat and Extended Producer Responsibility (EPR) mandates.
The price of scrap in the market changes every day, making it harder for organisations to operate in a streamlined and consistent manner, without risks. Scrapcart hopes to eliminate the unsertanty from the process, by brings structure and security to the scrap management process.
With a managed services approach on End-to-Ed Logistics, and a Tech-Driven Approach for the Discovery, SALE, SALE, and Purchase of Scrap, The Platform is Designed to Deleiver Maximum Value, No. Buyer.
Some of the salient features of scrapcart’s process include:
No middlemen: The platform digities the conventional manual process of scrap sale and purchase to eliminate the traditional middlemen from the chain, and counter theFts and price leakages.
Ai-enabled: ScrapCart Leverages Artificial Intelligence to Develop Tracking and Estimation tools Around Volume, Quality, and Price Estimation.
Digital traceability: By enabling gps tracking and digital weight slips, scrapcart ensures automated documentation for every transaction.
Secure payments: Using Secure and Paperless Transactions, Backed by Escrow Payments and Digital Contracts, Every Deal has a reliable payments process.
ESG & Regulatory Compliance: Digital Audits and Reporting tools to Help Enterprises Meet Sustainability Goals and Compliance Benchmarks.
About the founders
Vineet Relia, Founder
A Seasoned Industry Leader, Relia Holds A B.Tech in Computer Science from Mit, Manipal and Has Held CXO Positions at Top it and real estate firms in the past. He also served as the managing partner at innojo interim management.
Shobhit Jaiswal, Co-Founder
An IIT Delhi Alum, and a Former Un Consultant, Jaiswal has a strong base in impact consulting and product management. He also helped scale India’s largest health and pds programs impacting 100m+ people. He is also a recipient of the nobel peace prize (2020, wfp) as part of the un.
Susheel Kumar, Co-Founder
An IIT Delhi Alum, Kumar Executed Hands-On Stints at Leading Startups Like Ola, Udaan, Zingbus, and Pristyn Care. At scrapcart, he letters his Expertise in Scaling Operations and Managing Large P & LS Across Mobility, Healthtech, and Logistics. A Former Leader at Ey, Kumar is Driving Growth with a Sharp Focus on Execution and Efficiency.
