Pituku
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Date of Foundation
2023

Pituku

Innovative Tech-powered Waste Management Firm

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The Idea origin story

Indonesia annually generates around 80 million tons of hazardous waste but over half remains unaddressed due to its scattering from individual sources, making it uneconomical for haulers. Pituku turns this challenge into an opportunity by utilizing advanced technology that aggregates waste from these small scale producers. This unique approach lets the haulers accumulate waste effectively from various places in one round-trip and optimizes both their time efficiency as well as profitability.

The Mission

we are on a mission to clean up 40 million tons of hazardous waste being dumped improperly in Indonesia

Clients

- Grocery stores - Hospitals - Hotels and Hospitality - Manufacturing Companies - Municipalities - Property management - Restaurants and food services - Universities

Problems we solve

Client’s problem

Confirmation of problem

Indonesia produces 80 million tons of hazardous waste annually, with over half remaining unmanaged due to inefficient collection methods.

Solution

Pituku uses smart routing for efficient waste pickup, collaborates with haulers to reduce costs, offers app-based services, training, reports and 24/7 customer service.

Our technologies

This solution is based on technologies

How it works

Pituku: Onboard, select service type, list waste details. Receive invoice & pickup within 24hr. Post service - Waste report and payment options.

Value for the client

Pituku cuts waste costs, promotes recycling, minimizes carbon footprint and ensures regulatory compliance with diversion reports.

Market and strategy

Market size

6200

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

0

% of the market

Is our goal in the next 3 years

Team

My name’s

faiz rinaldy is my name

My key role in the product

As CEO, I invest in our team, network in industry communities, plan company growth and solve process issues.

Team size and key members

Consider adding a business strategist for growth planning, a marketing expert to boost visibility, and experienced tech professionals for robust infrastructure.

Competitors

Competitors

other waste management startups focus on non-hazardous waste. In Indonesia, people wont pay high for non-hazardous waste because it is not regulated. moreover, non-hazardous waste in Indonesia is not segregated, so it requires a high cost to sort it before it can be send to recycler.

Our Advantages

- Leveraging vast network of waste haulers and recyclers, offering wide operational reach.

Business model

my clients pay me $300 per tons to pickup their waste. although the price vary depend on the clients

Traction

Our product evolution is adopted by 9 global firms, attained profitability in just 4 months, and enjoys a remarkable month-on-month revenue increase of 59.5%.

With a burgeoning clientele surpassing the 200 mark and an impressive revenue stream north of $14.5 million, our company is on the fast lane to exceptional growth and success.

Metrics

Our monthly client base is experiencing a robust growth, doubling in size every 30 days for the past four months. In terms of revenue, we are witnessing explosive growth with revenues climbing up by 59.5% each month consecutively.

Incorporation

Our company incorporated in

Indonesia

Key risks

Regulatory changes affecting waste management, potential difficulties in securing sufficient and reliable haulers or recyclers, overcoming initial resistance to a new method of waste disposal from prospective clients, technological failures or glitches could disrupt services.

Investments

$

0

We raised investments

Our Investors

individuals, the founder have 75% of the company

Rising Investments

$

2000000

Currently, we are raising investments

$

11000000

Estimated pre-investment valuation of the company

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We’re looking for a co-founders

Open positions

Article

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Additional information

Our tech-focused platform modernizes waste management, bringing unmatched value to stakeholders. We rapidly scale using a lean asset model, distinguishing us from typical industry competitors and underscoring our dedication to innovation.

Pituku
Growth
Date of Foundation
2023