Attero: 300 crore company made by converting garbage.

Attero: 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.

Besides, with the help of this Startup, it is also having a very positive impact 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 electronic waste or extract precious metals from it.

Here Electronic Waste means damaged Laptops, Phones and Tablets. Let us know how this Startup started and how it became a Rs 300 crore Startup today.

Attero

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.

Article Title300 crore company made by converting garbage.
Startup NameAttero Recycling
FounderRohan Gupta & Nitin Gupta
When StartedIn 2008
FY22 Revenue214 Crore
Based InIn Noida, India
Official Websitehttps://attero.in/
300 crore company made by converting garbage.

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 started recycling Li-ion batteries also.

There is a huge amount of wastage of Li-ion batteries in E-Waste, and after the recycling process of this Li-ion batteries of Attero, 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 inc42 report, Attero is currently a profitable business which had earned a profit of Rs 40 crore in the last FY22 and a revenue of approximately 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 offers its high quality products in the 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.

We hope that with the help of this article you would have got information about Attero Business, if you liked their story then do share it with your friends.

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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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