Attero Success Story: In the world of startups, new startups keep emerging in front of the world every day due to their success. Today we have brought the story of one such startup in front of you, whose innovative idea has made the value of their startup up to Rs 300 crore.
Also, with the help of this startup, a very positive effect is being seen on our environment, due to which many people are not tired of praising this startup. Yes, we are talking about Attero Startup which is a Noida based startup, whose main work is to recycle electronic waste or extract precious metals from it.
Here Electronic Waste means damaged laptops, phones and tablets. Let us know how this startup started and how it became a Rs 300 crore startup today.
Who are the founders of Attero?
Attero Startup was started in the year 2008 by Nitin Gupta and Rohan Gupta of India. Nitin Gupta is an MBA graduate from London Business School and Rohan Gupta is an engineering graduate. Both of them decided to start this startup at a time when India had a huge contribution in the e-waste of the whole world.
At the same time, the amount of e-waste in India was also increasing because the demand for laptops and mobiles was increasing at that time. Keeping this in mind, both of them started Attero so that with the help of e-waste they could earn a good money and our environment could also benefit from it.
Today, Attero extracts many types of metals from the waste of laptops, mobile phones, televisions, tablets and refrigerators like – gold, silver, aluminum and copper.
Made a company worth 300 crores by making gold from garbage
| Startup Name | Attero Recycling |
| Founder | Rohan Gupta & Nitin Gupta |
| When Started | In 2008 |
| FY22 Revenue | 214 Crore |
| Based In | In Noida, India |
| Official Website | https://attero.in/ |
Li-ion batteries are also recycled
Moving forward with time, both the founders Nitin and Rohan, seeing the growing opportunities in the e-waste industry, started doing a lot of research on how Li-ion batteries can be recycled. Due to which, after some time when their research was successful, in the year 2019, they also started recycling Li-ion batteries.
A huge amount of Li-ion batteries are wasted in E-Waste, and after the recycling process of these Li-ion batteries by Attero, the company is now getting a good profit with the help of Li-ion batteries.
The company has got 38 patents
Let us also tell you that Attero has also got patents on its 38 technologies to tackle the challenges coming in the future, so that no one can steal their technology.
Attero has also patented the process of recycling Li-ion batteries by the company because this company uses a completely new technology for this.
Have earned up to Rs 300 crore
According to the report of Inc42, Attero is currently a profitable business which earned a profit of Rs 40 crore in the last FY22 and generated a revenue of about Rs 214 crore.
If we talk about this FY23, then according to the reports of the company, till now they have generated a revenue of about Rs 300 crore and this amount is increasing further.
The company makes these products
For your information, let us also tell you that Attero also provides its high quality products in the domestic and international market, which includes 99% Pure Cobalt Chips and Pharaceutical grade lithium carbonate products.
Their consumers are also very happy with their products and their reviews are also very positive.
The company will generate revenue of 8000 crores
Attero is currently working in very limited places, but in the coming time, this company is going to expand its work on a large level internationally, due to which it is being estimated that the company can take its revenue to around 8,000 crores within the next 3 years.
We hope that with the help of this article you have got information about Attero business, if you liked their story then definitely share it with your friends. To read similar articles, stay connected with our website.
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