DPIIT, Stride Ventures name Plastics for Change Challenge winner

23 Apr 2025 CW Team

The Department for Promotion of Industry and Internal Trade (DPIIT), in collaboration with Startup India and Stride Ventures, has announced Buoyancy Plastics for Change Recycling Private Limited as the winner of the Bharat Startup Grand Challenge 2025. The initiative aims to identify and empower impactful, homegrown startups.

Selected from over 120 applications submitted within 30 days, Plastics for Change emerged as the winner among startups from 22 states, representing sectors such as sustainability, fintech, and e-mobility. Founded in 2015, the startup is committed to building a Fair Trade-certified, recycled plastics supply chain. It focuses on ethically sourcing and aggregating plastic waste to supply high-quality rPET, rHDPE and rPP materials to recycling units.

By working directly with informal waste collectors and integrating them into the formal economy, the startup currently operates with a collection capacity exceeding 20,000 tonnes. It now aims to expand its reach within India’s plastics recycling ecosystem.

Stride Ventures, India’s largest venture debt fund, has committed over $1 billion to 170+ new-age startups over the past five years and recently expanded to Singapore, Abu Dhabi, Riyadh, and London. Earlier this year, Stride signed an MoU with DPIIT to support Indian startups through funding, mentorship, market access, and global scaling opportunities.

As part of the award, Stride Ventures has announced an investment of up to Rs 10 crore—subject to due diligence—along with ecosystem support, expert mentorship, and access to its global network to help Plastics for Change further scale its sustainable and circular operations in India.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..