That's Without®. A 45-strong team in Pune turning the worst waste on Earth into beautiful, useful materials — and walking the people closest to that waste out of poverty, for good.
Without® is a deep-tech circular materials company built to solve two problems most consider impossible to solve together: the world's hardest plastic and textile waste, and the urban poverty of the people closest to it.
Multi-layer plastic packaging (chip packets, sachets, wrappers) and mixed-blend textiles are effectively unrecyclable today. We extract virgin-grade polymers and PTA from them at 80-120°C using patented chemo-mechanical technology, and ship them as VerdiFLX, VerdiPTA and VerdiMIX — drop-in materials that brands use without retooling a single machine.
The waste industry runs on the labour of millions of informal workers with no contracts, no safety, no future. We employ them on permanent contracts, pay 2-3x prevailing wages, offer ESOPs and health insurance, and run a 24-month structured graduation programme through Foundation Without®.
Profit, planet and people are usually traded against each other. We're proving they don't have to be. Our duty to people and planet is written into our legal architecture, not bolted on as a marketing claim.
Made Without® builds the technology and the business. Foundation Without® builds the lives. Neither works alone — that's the whole point.
A thriving world made without poverty, where every person has dignity, equal opportunity, and access to education, healthcare and decent living standards — while contributing positively to the planet.
The for-profit. It builds the technology, runs the plant, sells the material. Patented chemo-mechanical recycling at 80-120°C, three branded materials, drop-in performance for brands and manufacturers across packaging, eyewear, automotive, home and textiles.
The non-profit. It runs the BRAC-inspired 24-month graduation programme that permanently lifts waste-picking households out of multidimensional poverty. Depth over reach. Lives fundamentally changed, not lives "touched".
We don't measure with adjectives. Here's what's verified, certified, or signed.
We don't apologise for how we operate. We codify it. Two structures, both pointing at the same thing: a duty to people and planet that can't be quietly retired when it gets inconvenient.
A PBC is legally required to balance shareholder return with public benefit. The duty is in the charter. Directors can't be sued for choosing planet over profit — they're required to consider both.
Audited every three years on workers, governance, community, environment and customers. 91.5 puts us in the top tier globally. One of just 19 in India.
Without® began with a question: what if the worst waste on the planet, and the people closest to it, weren't the cost of doing business but the foundation of one?
Founder Anish Malpani left a finance career across four continents to find out. The first product — sunglasses moulded from chip packets — was the proof of concept. The team that has been built around it since is the actual answer.
Meet the team →We don't track lives reached or impressions made. We track the kind of change that moves a household out of multidimensional poverty for good. We track tonnes of waste diverted into materials, not landfills. We measure honestly. We measure depth.
See the latest impact report →Whether you're a brand looking for materials, a partner looking for a pilot, or someone who just wants to understand how this all works — we'd love to hear from you.
