Plastics For Change

Toronto, Canada Founded: 2013 • Age: 13 yrs
Mobile platform to ensure fair trade pricing for waste rag pickers

About Plastics For Change

Plastics For Change is an Environment company based in Toronto (Canada) founded in 2013. Mobile platform to ensure fair trade pricing for waste rag pickers. Plastics For Change has raised $2 million across 2 funding rounds from investors including Mirova and Stride Ventures. The company has 40 employees. Its website plasticsforchange.org draws about 36 thousand monthly visits. Its Indian entity Buoyancy Plastics For Change Recycling Private Limited reported revenue of β‚Ή147 Cr. Plastics For Change offers products and services including Raw Materials, Plastic Recovery, Textiles, Merchandise, and EPR. Its focus areas include Environment Tech, Solid Waste Management Tech, Collection and Marketplaces.

Company details

Founded in 2013 in Toronto, Canada, Plastics for Change operates as a social enterprise in the waste management and recycling sector. A mobile platform is utilized by rag pickers to sell collected waste plastics directly, ensuring fair trade prices based on final payments from recycling firms. Commissions to intermediaries are calculated accordingly, promoting pricing transparency. The platform further supports ethical sourcing for brands incorporating recycled materials into products.

Key Metrics
  • Indian entity revenue
    ₹147 Cr

    FY 2025 · +193% YoY

  • Indian entity net profit
    ₹7.33 Cr

    FY 2025 · 5% margin

  • Indian entity EBITDA
    ₹11.30 Cr

    FY 2025 · 8% margin

  • Total Equity Funding
    $2M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.16M (USD), Debt – Venture

    Apr 2025

  • Investors
    Mirova

    & 1 more

  • Employee Count
    40

Products & Services of Plastics For Change

Plastics For Change offers a comprehensive portfolio of products and services, including Raw Materials, Plastic Recovery, Textiles, Merchandise, and EPR.

Raw Materials
Recycled Products

Supplies recycled raw materials for manufacturing and industries.

Plastic Recovery
Recycling Services

Offers services for collecting and processing plastic waste.

Textiles
Sustainable Products

Provides recycled textiles made from plastic materials.

Merchandise
Eco-Friendly Goods

Sells items promoting recycling and environmental awareness.

EPR
Environmental Services

Manages extended producer responsibility for waste management.

Funding Insights of Plastics For Change

Plastics For Change has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $1.16 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $2M
  • Total Rounds 2
  • Last Round Debt – Venture β€” $1.16M
  • First Round $2M

    (May 2020)

  • Investors Count 2

All 2 funding rounds of Plastics For Change with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2025$1.16MDebt – Venture––
May 2020$2MSeed–Mirova
–
Valuation history

2 investors in total: 2 institutional.

Investors in Plastics For Change

Plastics For Change has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Mirova and Stride Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments in equities, bonds, infrastructure, and impact projects are managed.
2012mirova.comParis, France
strideventures.global
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Investor details for Plastics For Change

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Board of directors of Buoyancy Plastics For Change Recycling Private Limited (Plastics For Change)

Buoyancy Plastics For Change Recycling Private Limited is the primary company behind Plastics For Change. The board of Buoyancy Plastics For Change Recycling Private Limited currently have 3 directors; the longest-serving is Andrew Cuyler Byron Almack, appointed in 2018. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Andrew Cuyler Byron Almack
DIN 08191846
Whole-time director22 Dec 20187 yrs 10 moBuoyancy Plastics For Change Recycling Private Limited
Arvind Palaniappan
DIN 03479690
Director07 Oct 20206 yrsBuoyancy Plastics For Change Recycling Private Limited
Shifrah Jacobs
DIN 09313661
Whole-time director28 Mar 20251 yr 7 moBuoyancy Plastics For Change Recycling Private Limited

People of Plastics For Change

3 people are tracked at Plastics For Change (2 in leadership, 1 in team); the tracked headcount is 40.

NameRoleGroup
Chief Financial OfficerLeadership
Shreshtha Sharma
Head- Brand Relationships (strategic Accounts)Leadership
Pujari Karthik
Senior ManagerTeam
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Financials of Plastics For Change

Figures of Buoyancy Plastics For Change Recycling Private Limited, the primary company behind Plastics For Change, for FY 2025. Revenue was ₹147 Cr (+193% year on year). Net profit was ₹7.33 Cr (5% margin). EBITDA was ₹11.30 Cr (8% margin). Revenue has grown at a compounded annual rate of +88% over three years and +128% over five years.

  • ₹147 CrRevenue · FY 2025 · +193% YoY
  • ₹7.33 CrNet profit · 5% margin
  • ₹11.30 CrEBITDA · 8% margin
  • ₹10.2 LakhPaid-up capital
  • 40Employees (provident fund records)
  • +88%Revenue CAGR, 3 years
  • +128%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Buoyancy Plastics For Change Recycling Private Limited are on its company page.

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Detailed financial statements for Plastics For Change

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Timeline of Plastics For Change

3 dated milestones of Plastics For Change across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Plastics For Change is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Debt – Venture, of $1.2M.

Web traffic of Plastics For Change

The website of Plastics For Change (plasticsforchange.org) receives about 36.2K visits a month.

  • Monthly visits
    36.2K
Similar websites

Websites whose visitors overlap most with Plastics For Change. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
plasticoceans.org
100%
15.9K#1,716,944View details
plasticmakers.org
plasticmakers.org
89%
#645,680–
everydayrecycler.com
88%
#3,886,778View details
slrecyclingltd.co.uk
88%
#3,652,973View details
ceeindia.org
ceeindia.org
82%
#1,554,550–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Plastics For Change

New partnership to support Fair Trade plastics
Plasticsnewseurope β€’ 7 years ago
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Frequently Asked Questions about Plastics For Change

Plastics For Change was founded in 2013 and raised its 1st funding round 7 years after it was founded.

Plastics For Change is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Plastics For Change is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on May 2020.

Plastics For Change has 40 employees.

The primary company behind Plastics For Change, Buoyancy Plastics For Change Recycling Private Limited, reported revenue of β‚Ή147 Cr for FY 2025, up 193% year on year.

Founded in 2013 in Toronto, Canada, Plastics for Change operates as a social enterprise in the waste management and recycling sector. A mobile platform is utilized by rag pickers to sell collected waste plastics directly, ensuring fair trade prices based on final payments from recycling firms. Commissions to intermediaries are calculated accordingly, promoting pricing transparency. The platform further supports ethical sourcing for brands incorporating recycled materials into products.

Plastics For Change offers Raw Materials, Plastic Recovery, Textiles, Merchandise, and EPR.

Plastics For Change has 2 investors. Key investors include Mirova, and Stride Ventures.

Plastics For Change operates through Buoyancy Plastics For Change Recycling Private Limited.

The legal entities of Plastics For Change currently have 3 directors, including Andrew Cuyler Byron Almack, Arvind Palaniappan, Shifrah Jacobs.

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