- The procurement of Yasasu marks Blue Planet’s second instance of acquisition in India within a six-month period.
- The Neev Fund supports Blue Planet Environmental Solutions.
Blue Planet Environmental Solutions, a Singapore-based socially inclusive & sustainable end-to-end environmental solutions provider, has reportedly announced that it has acquired Indian organic waste processing firm, Yasasu EMS.
Reports cite, the Mumbai-based company produces compact & self-contained digesters that are capable of processing over one to five tons of organic waste like vegetable & fruit peels, leftover food, garden waste & sludge. The acquisition would be Blue Planet’s second in India within a six-month period.
According to a report, that acquisition allows Blue Planet to offer an innovative solution to process organic waste with the help of de-centralized containerized technology and solve Asia’s rapidly expanding urban waste problem.
The company, back in October, had acquired Rudra Environmental Solution Ltd (Rudra) headquartered in Pune, India for an undisclosed amount. Rudra reportedly aids in diverting plastic waste away from local landfills & generate valuable outputs at no apparent cost to the environment.
Chief Executive Officer of Blue Planet, Prashant Singh stated that Yasasu’s distributed solution of waste-to-energy would drastically reduce the volume of landfill disposals while generating clean and reliable energy from a renewable energy source. Singh further added that the company’s unique array of offerings is extremely scalable and would be contributing meaningfully to Blue Planet’s growth plans.
Yasasu EMS was reportedly incorporated back in 2016 & has since been incubated by Mumbai-based Organic Recycling Systems to cater to expanding Urban Civic Local Bodies’ needs for effectively processing & disposing of municipal solid waste created in cities across the nation.
For the record, Blue Planet Environmental Solutions is supported by Neev Fund, in which the State Bank of India (SBI) is an investor.