
ELI - 511 | From Refugee to Unicorn Founder: Dr. Vivek Tandon on Revolutionizing Plastic Recycling
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In this episode, we sit down with Dr. Vivek Tandon, a serial entrepreneur and the visionary founder behind revalyu (formerly known as perPETual Technologies), a groundbreaking company transforming the future of plastic recycling.Join us as Dr. Tandon shares his incredible journey, from being born in Uganda and attending school as a refugee to founding multiple successful technology companies in the environmental and renewable energy sectors, such as Aloe Private Equity and Greenko Group PLC. He discusses his earliest entrepreneurial ventures, born out of necessity, and the educational path that led him from a BSc in Physics at Imperial College to a PhD in Engineering.Dr. Tandon delves deep into the story of revalyu and its mission to tackle the global plastic waste problem. Learn about the innovative chemical recycling technology (glycolysis) that allows revalyu to convert used PET bottles and polyester back into high-quality material—a concept he calls "minds above ground."We explore the logistical challenges of recycling over 9 billion bottles, the state of the recycling industry in India (a world leader in collection), and the evolution of brand adoption from a marketing "gimmick" to a core business strategy.This is a must-watch for aspiring entrepreneurs, environmental advocates, and anyone interested in how technology and determination can create a sustainable impact on our planet.Chapters:00:00 - Introduction to Dr. Vivek Tandon, Founder of revalyu00:55 - From Uganda to India: Dr. Tandon's Early Life and First Entrepreneurial Steps03:05 - University Ventures and Early Success in Telecoms05:21 - The Genesis of revalyu: The Concept of "Minds Above Ground"08:44 - The Science: How revalyu's Technology Chemically Recycles PET Plastic11:55 - Why Focus on Bottles? Understanding Different Types of Plastic13:56 - The Logistics Behind Recycling 40 Million Bottles a Day in India16:21 - The Biggest Challenges: From Investor Skepticism to Market Volatility20:33 - Beyond the Gimmick: How Brands Are Genuinely Embracing Sustainability22:24 - India's Role as a Global Leader in Plastic Recycling25:13 - The Future for revalyu: Scaling to Meet a Global Problem27:35 - A Message for Entrepreneurs: The Mega Trend of Recycling30:12 - Closing Remarks