In 2016, they launched Code Enterprises, a cigarette waste management firm, which recycles cigarette stubs into different products. “We provided them with a cigarette waste collection bin called VBin, and we assured them ₹250 per kilo of cigarette waste. The first challenge was to ensure a regular supply of cigarette waste. Karnataka and Maharashtra are the two biggest suppliers of cigarette waste. The company plans to join hands with non-profits and government bodies for on-field support in marketing and cigarette waste procurement.

Source: Mint May 06, 2019 19:30 UTC