Novo Holdings, a prominent global investor in life sciences and sustainability, has announced its investment in Blue Planet, a rapidly expanding waste management platform operating in India, Southeast Asia, and New Zealand. This strategic move aligns with Novo Holdings’ Planetary Health strategy, which focuses on supporting scalable businesses that tackle pressing environmental challenges and promote a circular economy.
Blue Planet is renowned for its waste valorisation, transforming various types of waste, including municipal, commercial, industrial, and electronic, into valuable materials and energy resources. The company’s operations include landfill reclamation, recycling, biofuels, and e-waste processing through its subsidiaries such as Zigma in India, Wah Hua in Singapore, and Smart Environmental in New Zealand.
The investment from Novo Holdings will enable Blue Planet to accelerate its growth, enhance synergies across its operations, and expand its leadership in sustainable waste management. The company plans to advance recycling, energy recovery, and carbon credit initiatives whilst strengthening its presence in high-growth Asian markets.
Deepa Hingorani, Partner and Head of Asia Planetary Health Investments at Novo Holdings, highlighted the urgent need for sustainable waste management solutions due to rapid urbanisation. “Blue Planet exemplifies our focus on knowledge-driven solutions that promote resource efficiency and circularity,” Hingorani stated.
Madhujeet Chimni, Founder and Chairman of Blue Planet, expressed enthusiasm about the partnership, noting Novo Holdings’ expertise in sustainability and long-term investment philosophy. “Together, we aim to advance waste valorisation technologies and build a truly circular business that delivers value to communities and the environment,” Chimni said.
Blue Planet’s mission is to reduce the environmental impact of waste by creating scalable, sustainable waste-to-resource ecosystems. With this investment, the company is poised to enhance its capabilities and contribute significantly to a cleaner, more resource-efficient planet.
