Race Eco Chain Limited, previously Anisha Impex Limited, was founded on November 22, 1999, with a focus on reducing the carbon footprint from plastic waste through recycling and promoting a circular economy. The company organizes the unstructured eco chain by aggregating packaging plastic waste and converting it into consumer-friendly products. It employs an AI-driven app to enhance transparency and streamline transactions between recyclers and sellers, transforming the waste management sector from unorganized to organized.
Race Eco Chain operates an asset-light business model, featuring district-level warehouses managed by franchisees. This model supports recyclers and offers value-add opportunities through up-cycling and recycling efforts, enhancing commercial potential across the waste management value chain. With 17 recyclers and 57 franchisee associates nationwide, it produces high-quality recycled products under the brand 'RESTORE'. Additionally, the company has acquired stakes in Abhay Innovative Engineering Ltd. and Prime Industries Limited, reinforcing its commitment to sustainable waste management solutions.
