New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home Startups & Leaders

Anand Mahindra is ready to fund shoe startup that turns plastic bags, bottles into sneakers. Watch video

New York Tech Editorial Team by New York Tech Editorial Team
November 17, 2021
in Startups & Leaders
0
Anand Mahindra is ready to fund shoe startup that turns plastic bags, bottles into sneakers. Watch video
Share on FacebookShare on Twitter

When it comes to ingenuity, there’s no dearth of talent in India. Now, Mahindra Group’s chairman Anand Mahindra has come in support of a talented entrepreneur whose company designs shoes from garbage waste, especially plastic bags, and bottles. However, he said he is embarrassed, not noticing such a revolutionary startup. The business tycoon wrote a tweet saying, “Embarrassed I didn’t know about this inspiring startup. These are the kinds of startups we need to cheer on—not just the obvious unicorns”.

Embarrassed I didn’t know about this inspiring startup. These are the kinds of startups we need to cheer on—not just the obvious unicorns. I’m going to buy a pair today. (Can someone tell me the best way to get them?) And when he raises funds-count me in! https://t.co/nFY3GEyWRY

— anand mahindra (@anandmahindra) November 17, 2021

Ashay Bhave (23) started a shoe manufacturing company called “Thaely” that has helped solve the pollution problem by reusing plastic bags and bottles to design sneakers.  According to a video by Business Insider, shared by Anand Mahindra, Bhave launched the company in July this year, named the brand ‘Thaely’ that literally translates to plastic carry bags in Hindi. Bhave came up with the idea while pursuing a Bachelor of Business Administration (BBA) in 2017.

Each pair of Thaely Y2K Pros shoes contains 10 plastic bags and 12 bottles. For $110 they will ship anywhere in the world. Bhave partnered with a waste-removal company that hires ragpickers. Triotap Technologies offers them a steady paycheck. During the making of the shoes, a plastic bag is turned into a fabric called ThaelyTex with the help of heat and pressure. The fabric is then cut into shoe patterns. Plastic bottles recycled as a fabric called rPET (Polyethylene Terephthalate), is used for lining, shoelaces, packaging and other parts.

The sole is made up of recycled rubber from industrial scrap and tires. Each Thaely pair of shoes helps recycle 12 plastic bottles and 10 plastic bags. Thaely has recycled about 36,000 plastic bags and 25,000 plastic bottles since it started production in July this year.

Lauding the shoe-making startup up, Anand Mahindra said that if the company raises funds that he would also participate. “Embarrassed I didn’t know about this inspiring startup. These are the kinds of startups we need to cheer on—not just the obvious unicorns. I’m going to buy a pair today. (Can someone tell me the best way to get them?) And when he raises funds-count me in!” Mahindra wrote on Twitter.

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint.
Download
our App Now!!


Credit: Source link

Previous Post

LA’s Staples Center will be renamed ‘Crypto.com Arena’

Next Post

Illuminating the path: Compliance as the key to security-by-design

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
Illuminating the path: Compliance as the key to security-by-design

Illuminating the path: Compliance as the key to security-by-design

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
laptop on glass table

Automat-it Cuts Deployment Friction as Monce Scales AI Order Processing on AWS

April 13, 2026
Lee's Famous Recipe Chicken

Why Lee’s Famous Recipe Chicken Is Betting on Hi Auto to Quietly Rewire the Drive-Thru

April 9, 2026
computer generated image of letters

San Francisco Tribune Lists 11 HumanX Startups Moving AI Closer to the Operating Core

April 8, 2026
Impala CEO and Highrise AI CEO

The Industrialization of AI Infrastructure: What Impala and Highrise AI Reveal About the Next Scaling Frontier

April 7, 2026
Employee Time Tracking

What is an Employee Time Tracking Solution? A Definite Guide for 2026

March 31, 2026
Voltify founders

Voltify Raises $30 Million Seed Round as It Challenges $1 Trillion Rail Electrification Model

March 31, 2026

Recommended

laptop on glass table

Automat-it Cuts Deployment Friction as Monce Scales AI Order Processing on AWS

April 13, 2026
Lee's Famous Recipe Chicken

Why Lee’s Famous Recipe Chicken Is Betting on Hi Auto to Quietly Rewire the Drive-Thru

April 9, 2026
computer generated image of letters

San Francisco Tribune Lists 11 HumanX Startups Moving AI Closer to the Operating Core

April 8, 2026
Impala CEO and Highrise AI CEO

The Industrialization of AI Infrastructure: What Impala and Highrise AI Reveal About the Next Scaling Frontier

April 7, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch cryptocurrency Cybersecurity Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement hi-tech Hi Auto Impala Investing Investors investorsummit Israel israelitech Leaders LinkedIn Leaders Metaverse Mindset Minnesota omri hurwitz PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media