India Waste Management News

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• August 2023: The Brihanmumbai Municipal Corporation (BMC) analyzed the highly successful 'Indore model' of waste management to enhance solid waste management (SWM) in Mumbai. This approach has contributed to Indore, known as the 'Mini Mumbai' of Madhya Pradesh, maintaining its position as the cleanest city in India for six consecutive years.
• March 2023: Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company, unveiled a special initiative named "Sound Management of Waste Disposal (SMWD)" as part of their sustainability endeavors. This initiative focuses on the reduction and recycling of e-waste. BPCL aims to attain zero-waste-to-landfill certification across all operational refineries and marketing locations by 2025.

• August 2023: The Brihanmumbai Municipal Corporation (BMC) analyzed the highly successful 'Indore model' of waste management to enhance solid waste management (SWM) in Mumbai. This approach has contributed to Indore, known as the 'Mini Mumbai' of Madhya Pradesh, maintaining its position as the cleanest city in India for six consecutive years.
• March 2023: Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company, unveiled a special initiative named "Sound Management of Waste Disposal (SMWD)" as part of their sustainability endeavors. This initiative focuses on the reduction and recycling of e-waste. BPCL aims to attain zero-waste-to-landfill certification across all operational refineries and marketing locations by 2025.

• February 2023: Latham & Watkins Advises on Tactile Systems Technology, Inc.’s USD 32.5 million Public Offering of Common Stock. Tactile Systems Technology is a medical technology company focused on developing medical devices for the treatment of patients with underserved chronic diseases at home.
• October 2022: Kirkland & Ellis advised Nordic Capital, a leading European private equity investor, on the recently closed Nordic Capital Fund XI. The fund was closed at its hard cap with aggregate capital commitments of EUR 9 billion (USD 9497115000). The fund was to focus on buyouts in Nordic Capital’s focus sectors of healthcare, technology and payments, and financial services, as well as selectively in industrial and business services. The fundraising exceeded its EUR 8 billion (USD 8441176000) target and was raised in nine months.

• Jun 2023: Asian Paints takes luxury design to new levels with the launch of Beautiful Homes Studio and Soft Decor 2023 Collection.
• Dec 2022: Home improvement firm Livspace launched Livspace for Business to provide interior design services to corporates. This segment will cater to offices, retail, hospitality, and warehouses and will help the company expand its business-to-business (B2B) vertical.

• October 2022: The Shams Al Riyadh residential complex in Saudi Arabia is home to the first two-story, 9.9-meter-high mansion made using 3D construction printing technology (Dar Al Arkan, a real estate business). The structure was constructed directly on the site in the middle of the summer without any cooling or shade, demonstrating that the technology can print homes all year and in any location throughout the kingdom.
• October 2022: The State of Qatar participated in the preliminary meeting of the GCC nations' undersecretaries of the interior ministries to prepare for the 39th meeting of Their Highnesses and Ministers of Interior of the GCC countries.

• In September 2022: The launch of the Masruf system benefitted nearly 84,000 private school students in 2022. Masruf is an electronic platform and application that connects private school students through an electronic bracelet that allows payment and purchases at the school canteen and other sales conducted by the students at the school.
• In September 2022: The Kingdom of Saudi Arabia announced the implementation of music as a part of the curriculum starting from the kindergarten level in two years. In 2022, nearly 100 private schools included music in their teaching program.

• In May 2022, interior designer startup Havenly introduced IRL services, A digital interior design startup that's been offering online services and is bringing its interior design expertise into the real world. The biggest difference between Havenly's in-home services is that the designer will tour your space IRL, take measurements and make sure that everyone is on the same page before they send over a virtual design through digital layouts and 3D renderings.
• In March 2022, female-owned Modsy, a leading online interior design firm, launched a first-of-its-kind virtual renovation design service that will use 3D technology so customers can visualize and virtually walk through every detail of their project.

• In February 2022, Element Six UK Ltd collaborated with II-VI Inc. Through this collaboration, II-VI licenses Element Six's intellectual property and necessary equipment would produce high-quality single-crystal diamonds to expand its core competency in diamond technology.
• In July 2021, Element Six UK LTD and the University of Warwick entered a partnership to develop the next generation of synthetic diamond-enabled technologies. Under this partnership, Element Six applied its renowned expertise and capabilities in advanced material solutions.

• June 2024: Snapchat owner Snap (SNAP.N) launched its latest iteration of generative AI technology for AR, which will allow users to see more realistic special effects when using phone cameras to film themselves.
• September 2023: Qualcomm Technologies launched two new spatial computing platforms, namely Snapdragon XR2 Gen 2 and Snapdragon AR1 Gen 1, to enable the next generation of mixed reality (MR), virtual reality (VR) devices, and smart glasses. The Snapdragon XR2 Gen 2 Platform brings premium MR and VR technologies into a single-chip architecture to unlock next-level immersive experiences in thinner and more comfortable headsets that do not require an external battery pack.

• June 2024: Third-party logistics giants like Delhivery and Xpressbees shifted focus from traditional e-commerce to the rapidly growing quick-commerce industry. This shift comes in response to a surge in demand from platforms like Swiggy Instamart, Blinkit, and Zepto. Delhivery, headquartered in Gurgaon and renowned as the largest player in the third-party logistics realm, has initiated the management of expansive warehouses for Swiggy Instamart. These warehouses cater to small dark stores and fulfillment centers in urban locales. Concurrently, Xpressbees, hailing from Pune, is actively exploring partnerships to make its foray into this dynamic market.
• February 2024: Shadowfax, a key logistics service provider for hyper-local and on-demand delivery firms in India, secured a substantial USD 100 million in its latest funding round. This funding comes behind an impressive 35% annual growth rate. Shadowfax's expansive network now spans 2,500 cities and over 15,000 zip codes. The company boasts a remarkable daily delivery volume, handling more than 2 million packages, and has garnered a user base exceeding 3.5 million.