Announced
Completed
Financials
Tags
India
waste management services
Single Bidder
Private
Waste and Disposal Services
Friendly
Completed
Acquisition
Minority
Private Equity
Cross Border
Synopsis
Blue Earth Capital, a private equity firm, completed the acquisition of a minority stake in Nepra, an Indian dry waste management company, from Aavishkaar Capital, a venture capital firm. Financial terms were not disclosed. “Nepra has been a pioneer in India’s dry waste management ecosystem and has built very strong digital transformation tools and state of the art infrastructure to enable Inclusive Circular Economy and ‘Zero Waste to Landfill’ models. Along the journey, we have created positive climate outcomes, while also enhancing the lives of thousands of people, including waste-pickers. We are grateful to Aavishkaar Capital for consistently backing us since the beginning and look forward to BlueEarth’s support as we become the global leader in climate action,” Sandeep Patel, Nepra CEO.
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