IoT Smart Waste Management Biz Raising Funds In Secunderabad
About Business
The venture is currently in the pre-revenue stage and has not yet commenced full-scale commercial operations. It operates in the waste management sector with a focus on technology-driven urban sanitation solutions.
The concept centers around a standalone IoT-based Smart Waste Management system designed for campuses, residential apartments, and municipal bodies where waste collection is largely manual and inefficient. The proposed Smart Bin integrates an ultrasonic sensor with an ESP32 microcontroller to monitor real-time waste levels.
Upon reaching 50% and 100% capacity, the system is designed to automatically trigger SMS alerts with location details via GSM connectivity, eliminating the dependency on internet infrastructure. The solution is positioned as low-cost, energy-efficient, durable, easy to deploy, and scalable across urban and semi-urban regions.
A pilot prototype has been tested within a college campus environment, validating fill-level detection accuracy and alert reliability, along with demonstrating potential operational efficiencies. The solution aims to reduce overflow incidents, optimize collection routes, lower fuel and labor costs, and improve overall hygiene standards.
The proposed business model is B2B and B2G, targeting institutions, housing societies, and municipal authorities.
Clientele type
The initial client will be the government institutions.
Premises
The owner is currently operating from home.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 10.00 L
Minimum ticket size
INR 10.00 L
Reason
The owner is looking to raise funds to start the business and for working capital requirements.
More Details
There are 2 partners in the business.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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