India’s solo entry Attero makes it to Global Cleantech 100 list

DELHI/NCR, India - Oct. 11, 2013 - PRLog -- New Delhi, October 11, 2013: Attero, India’s largest electronic asset management company has created a new milestone by being the only Indian company to make it to the fifth annual Global Cleantech 100 list. The Global Cleantech 100 provides a snapshot of the most exciting, innovative and potentially significant cleantech companies. Apart from being the only Indian company, Attero is the only e-waste management company to have found a place in the prestigious list.

Attero made it through 9,125 nominations which were then shortlisted down to a final 100 through a rigorous three stage process chosen by the eminent panel of 90 experts. Nominations came from worldwide experts as well as "passive" nominations derived from analyzing market data, taking votes of confidence in a company's ability to achieve high growth and high-market impact from market transactions, and major customer and partnership announcements.

Committed towards environmentally friendly recycling of e-waste, Attero was established in year 2008 to address the burgeoning problem of e-waste. The company’s operational backbone is its widespread collection system spread across 22 states of the country, and its innovative, proprietary technology, currently patent-pending, that extracts precious and semi metals and also recycles hazardous materials emanating from electronic &electrical appliances. Attero’s cost of setting up the facility is 50 times lower than what other large players need to set up a viable electronic waste facility.

Expressing his elation at the latest global recognition, Mr. Nitin Gupta, CEO of Attero Recycling said, “This is an extremely proud moment for us and we are delighted to be among the 100 top 100 cleantech companies judged most likely to make a significant market impact over the next 5-10 years. This is a significant endorsement of our unique and disruptive technology, which allows us to setup very low cost metal extraction from electronic waste facilities all over the world. It is also a significant validation of India becoming a source of innovation.

By virtue of its innovative model, the company has been the recipient of other prestigious global awards and recognitions -

· Attero was  among the top 9 Innovators in the Waste Management category at LAUNCH, a jointly supported initiative by NASA, United States Agency for International Development (USAID) and NIKE in July 2012

· Attero was chosen by the World Economic Forum as one of the Technology Pioneers in the field of environment as one of the 25 most innovative technology start- ups from all over the world. The identification of the Technology Pioneer companies was  the result of a rigorous selection process for which the Forum received hundreds of applications from around the world that were evaluated by over 50 global technology experts