What Esperanza does

Esperanza Global Eco Solution Pvt. Ltd is a privately held Indian plastic recycling and waste management company founded in September 2018 and headquartered in Rajpura, Punjab. It operates a single 10 Metric tonnes per day mechanical recycling facility (scaled from 3 MTD at launch in 2019) that converts post-industrial and post-consumer plastic waste into three recycled granule products — rHDPE, rLDPE, and rPP — through a proprietary five-step process branded as 'Plaschemy.' The company has cumulatively recycled approximately 5.4 million kilograms of plastic and serves more than 60 industrial customers in the furniture, material handling, packaging, and automotive sectors. Its competitive positioning is anchored by being a government-approved Plastic Waste Processor licensed by the Punjab Pollution Control Board, enabling it to issue Extended Producer Responsibility (EPR) credits under India's Plastic Waste Management Rules.

The business generates revenue across four streams: (1) direct sales of recycled granules to industrial manufacturers, (2) waste collection services for commercial manufacturers, MSMEs, residential societies, and brand partners (with ethical sourcing from trained waste pickers), (3) EPR consultancy and credits exchange services for Producers, Importers, and Brand Owners (PIBOs), and (4) carbon credits exchange bundled with EPR compliance. Pricing is opaque — handled through custom quotes — and go-to-market is sales-led, with co-founders Prithvi Raj Singh (finance, business development, sales) and William Pal Singh (R&D, operations, marketing) leading direct customer engagement. Esperanza holds ISO 9001, ISO 14001, and ISO 45001 certifications, and has built partnerships with Plastiks (Spain-based NFT marketplace), Recykal (digital waste platform), Ramky (waste management), and several named industrial customers including Verka, Supreme, Max Speciality Films, and Pasupathi Group. The company is founder-controlled, operates exclusively in India, and has no disclosed institutional funding, M&A activity, or AI/ML capability.

Name

Esperanza

Legal name

Esperanza Global Eco Solution Pvt. Ltd

Website

https://esperanza.global

Company type

Private

Founded year

2018

Operating status

Operating

Short description

Esperanza is a privately held Indian plastic recycling company that mechanically converts post-industrial and post-consumer plastic waste into rHDPE, rLDPE, and rPP granules, serving 60+ industrial manufacturers and PIBOs with granules, waste collection, and EPR compliance services.

Ownership category

akta.pro rank

Product category

Plastic Recycling

NAICS

Materials Recovery Facilities (562920), Waste Collection (56211)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Refuse Systems (4953)

akta.pro primary industry

Mechanical Recycling (Wash, Grind, Pelletize) (EUAIAKAB)

akta.pro secondary industries

Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins) (IMANAAAH), Rigid Plastics Recycling (HDPE/PP, Injection/Blow Molded) (EUAIAKAF), Film & Flexible Plastics Recycling (LDPE/LLDPE, Multilayer) (EUAIAKAE), Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA)

Keywords

• Plastic recycling
• Recycled plastic granules
• EPR compliance services
• Waste collection services
• Mechanical recycling

Headquarters

HQ city

Rajpura

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Recycled Granules Sales: Sale of recycled plastic granules (rHDPE, rLDPE, rPP) to over 60+ customers in various industries including furniture, material handling, packaging, and automotive sectors.
2. Waste Collection Services: Collection services for plastic waste from commercial manufacturers, corporate organizations, MSMEs, and residential societies. Working with waste pickers for ethical sourcing of plastic scrap.
3. EPR Consultancy Services: Technical consultancy services for Extended Producer Responsibility registration, compliance, and execution. Includes EPR credits exchange facility for brand partners.
4. Carbon Credits Exchange: Exchange of carbon credits in conjunction with EPR compliance services for brand partners.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Esperanza mechanically recycles post-industrial and post-consumer plastic waste into three families of recycled plastic granules (rHDPE, rLDPE, rPP) at its Rajpura facility using a proprietary five-step process called "Plaschemy." It also offers plastic waste collection services and Extended Producer Responsibility (EPR) consultancy, including credits exchange, for Producers, Importers and Brand Owners (PIBOs) under India's Plastic Waste Management Rules.

Product overview

Esperanza is a plastic recycling and waste management company offering a comprehensive closed-loop solution centered around mechanical recycling of plastic waste. The core portfolio consists of three recycled plastic granule products: rHDPE (recycled High-Density Polyethylene), rLDPE (recycled Low-Density Polyethylene), and rPP (recycled Polypropylene), all produced through the proprietary 'Plaschemy' 5-step recycling process. These granules serve manufacturers in the furniture, material handling, packaging, and automotive industries. Complementing the product line are EPR (Extended Producer Responsibility) services including technical consultancy, waste collection operations, and carbon credits exchange, providing brands and producers with end-to-end solutions for plastic waste management compliance under India's PWM Rules.

Differentiator

Problem solved

Functional benefit

Products and services

• rHDPE (Recycled High-Density Polyethylene) Recycled HDPE granules produced from post-consumer and post-industrial HDPE waste such as motor oil bottles, shampoo bottles, toys and pipes, intended for blow moulding applications including personal care bottles, lubricant containers, pipes and heavy-duty bags.
• rLDPE (Recycled Low-Density Polyethylene) Recycled LDPE granules produced from post-consumer LDPE films, liner bags, cling film and carry bags, intended for film blowing applications such as tarpaulins, silage wrap, garage bags and sheet products.
• rPP (Recycled Polypropylene) Recycled polypropylene granules produced from post-consumer and post-industrial PP waste such as food packaging, shopping bags, caps and buckets, intended for injection moulding into plant pots, auto parts, furniture, paint pails, and material handling products like pallets and bins.
• EPR Services End-to-end Extended Producer Responsibility services for Producers, Importers and Brand Owners (PIBOs), including registration and compliance consultancy, EPR credits exchange, collection and recycling services, and carbon credits exchange under India's PWM Rules.
• Waste Collection Services Plastic waste collection services for residential societies, industrial manufacturers, brands and government bodies, including ethical sourcing from trained waste pickers (safai saathis) with training on collection, sorting, hygiene and equipment.
• Technical Consultancy Services Bespoke technical consultancy for producers, converters, recyclers, brands, NGOs, educational institutions and waste management companies, including evaluation, trial management, quality control, after-sales service, and investment consultancy for setting up or improving recycling operations.

Quantifiable outcome

• 5,400,000 kg of plastic waste recycled till now
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered core and minor.

• PlastikscoreStrategic or Co-development PartnerCollaboration with Spain-based sustainable NFT marketplace for plastic recovery and recycling. Through this partnership, Esperanza aims to provide useful and sustainable solutions to encourage recycling among people. The collaboration supports Esperanza's vision to work with stakeholders and communities for a brand-new future with upcycled waste.
• VerkacoreOthersRecycling partner providing recycled granules for furniture manufacturing operations in India.
• SupremecoreOthersRecycling partner for plastic packaging, collaborating with Esperanza for sustainable waste management.
• Max Speciality Films LimitedcoreOthersRecycling partner for specialty films manufacturing, utilizing Esperanza's recycled plastic granules.
• Pasupathi GroupcoreOthersManufacturing group partnered with Esperanza for plastic recycling solutions.
• RamkyminorOthersWaste management company collaboration for plastic waste collection and processing.
• RecykalminorOthersDigital waste management platform partnership for technology-enabled waste tracking and management.
• Waste WarriorsminorOthersEnvironmental NGO partnership for awareness and community engagement in plastic waste management.
• Karo ShambhavminorOthersSustainability-focused organization partnership for promoting recycling initiatives.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Veolia India: Global environmental services giant with municipal and hazardous waste collection, MRF operations, and recycling in India. Broad incumbent offering overlapping capabilities (waste collection, materials recovery, EPR-adjacent services) but as part of a much larger portfolio.
• PreZero (Schwarz Group): Global environmental services and recycling arm of the Schwarz Group, operating collection, sorting, and recycling infrastructure across Europe and increasingly other geographies. Broad incumbent with mechanical recycling operations that overlap with Esperanza's offering but at vastly larger scale.

Emerging players

• Recykal: India-based digital waste management and EPR services platform connecting brands, waste processors, and recyclers. Esperanza already partners with Recykal; it is a comparable ecosystem participant but with a software/services model rather than physical recycling.

Direct peers

• Shakti Plastic Industries: One of India's largest plastic recyclers, producing rPET, rHDPE, and rPP granules with multiple processing facilities. Comparable core product line and mechanical recycling process, but at significantly greater scale than Esperanza.
• Srichakra Polyplast: Indian manufacturer of recycled PP, HDPE, and LDPE granules from post-consumer and post-industrial plastic waste. Closely comparable product portfolio, mechanical recycling process, and target end markets (packaging, automotive, consumer goods) in India.
• CarbonLite Recycling: US-based PET bottle-to-bottle mechanical recycler producing food-grade rPET. Comparable in mechanical recycling process, focus on consistent high-quality granules, and supply to brand owners, though focused on rPET rather than the polyolefin grades that anchor Esperanza.
• Polyclean Technologies: India-based company that converts mixed and multilayer plastic waste into granules and urban furniture. Directly comparable in mechanical recycling focus, Indian operations, and product form (granules plus finished goods).
• Lucro Plastecycle: Indian PCR plastic granule producer (rHDPE, rPP, rPET) supplying brand owners and converters. Comparable in target customer base (PIBO/brand owners), India geography, and product portfolio of recycled granules.
• MBA Polymers: Global mechanical recycler producing high-purity recycled plastics (rPP, rABS, rPS, rHDPE) from end-of-life durables and vehicles. Comparable in core mechanical recycling technology and supply to manufacturers; differs in geographic focus and feedstock mix.
• Banyan Nation: India-based plastic recycling startup producing recycled PCR granules (rHDPE, rPP) and operating a tech-enabled waste collection platform. Directly comparable as a domestic Indian mechanical recycler serving industrial and brand-owner customers with closed-loop solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/GlobalEsperanza
• YouTubeyoutube.com/@esperanzaglobal5555
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/esperanza-global1
• Instagraminstagram.com/esperanza.global

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Esperanza