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Businesses Designed to Help Poor in India Attracting Overseas Investors

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As a new business in India offering environmentally-friendly rubbish disposal, ScrapApp has boomed in the past year while helping address one of the nation’s major problems — garbage.

In India, where recycling rubbish is not part of the formal sector, masked workers from social enterprise ScrapApp sift through mounds of rubbish daily at India’s largest mall, DLF Mall of India, separating recyclable trash from other waste.

The mall contract is the jewel in the crown for the year-old start-up, one of a growing number of social enterprises in India, which are seeking funds to create businesses with a mission to tackle social problems.

For more on this story visit the following link: Businesses Designed to Help Poor in India Attracting Overseas Investors

Source: The Edge Markets

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