WasteWise
Raising
৳6,000,000
Stage
Seed
Sector
CleanTech
Ask Amount
৳6,000,000
Sector
CleanTech
Stage
Seed
Location
Dhaka
Business Overview
Problem
Dhaka generates 6,500 tonnes of waste daily but only 55% is collected. Informal waste pickers lack tools to optimize routes and connect with recyclers.
Solution
WasteWise is a platform connecting households, waste collectors, and recyclers. AI-optimized collection routes reduce costs by 40% while increasing recycling rates.
Target Market
City corporations in Bangladesh's 12 major cities. Secondary: corporate waste management contracts.
Traction
Pilot in 3 Dhaka wards. 15,000 households registered. 120 waste collectors onboarded. Recycling rate up 55%.
Use of Funds
Platform development (35%), Collector onboarding (30%), City partnerships (35%)
Key Metrics
Collectors: 120
Recycling rate increase: 55%
Cost reduction: 40%
Deal Information
Disclaimer: Investment involves risk. This is not financial advice. Please conduct your own due diligence before investing.