Synopsis
Backed by corporates such as PepsiCo, Procter & Gamble, Danone, Chanel, Unilever, Coca-Cola, Dow and Chevron Phillips Chemical, the company has, in all, committed US $39 million across the waste management and recycling value chain in India, it said.
Agencies
NEW DELHI: Singapore-based investment management company Circulate Capital has announced an investment of US $19 million in four waste management and recycling focused companies in India through its Circulate Capital Ocean Fund (CCOF), it said in a statement on Thursday.
Backed by corporates such as PepsiCo, Procter & Gamble, Danone, Chanel, Unilever, Coca-Cola, Dow and Chevron Phillips Chemical, the company has, in all, committed US $39 million across the waste management and recycling value chain in India, it said.
Circulate Capital Now Has the Largest Investment Portfolio Focused on Fighting Plastic Pollution in India SINGAPORE - December 10, 2020 - (Newswire.com)
Circulate Capital, the Singapore-based investment management company focused on preventing plastic from leaking into the ocean and advancing the circular economy, today announced that the Circulate Capital Ocean Fund (CCOF) has committed to investing US$19 million in four leading companies that are using technology and innovation to scale and transform India’s waste management and recycling value chain. Established in partnership with PepsiCo (NASDAQ: PEP) (its first investor), Procter & Gamble (NYSE: PG), Dow (NYSE: DOW), Danone, Chanel, Unilever (NYSE: UN), The Coca-Cola Company (NYSE: KO), and Chevron Phillips Chemical (CP Chem), CCOF is the world’s first investment fund dedicated to combating ocean plastic in South and Southeast Asia.
Circulate Capital Invests to Scale India s Circular Economy indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.