Profit

October 28, 2024

Davaam, the refill station startup, has a $120,000 grant from the World Bank. What are they using it for?

Davaam’s whole thing is sustainability. Their immediate plan is to reduce plastic waste and fight period poverty

Nisma Riaz

Nisma Riaz

October 28, 2024

Davaam, the refill station startup, has a $120,000 grant from the World Bank. What are they using it for?

Three years ago, when Profit first covered Davaam, the sustainability-focused startup was aiming to revolutionise waste management and install innovative refill stations, hoping to convince multinational FMCGs to embrace a more environmentally conscious approach to packaging. 

It was the kind of plan that hopes large companies manufacturing products such as shampoo will encourage their customers to refill their bottles (and save a little money in the process) instead of buying new ones. They were banking heavily on their refilling stations. 

Three years later, this plan has failed to materialise. In case you have not noticed, there are not any refilling stations offering these services, or any companies advertising their products at refilling stations. 

Yet Davaam is alive and kicking. 

The company has evolved into something far more ambitious; a technology company that's finding unexpected success in industrial solutions, private labelled products for refilling old plastic bottles and corporate partnerships for its sanitary napkin vending machines. 

So what is Davam doing now, after big MNCs closed their doors on their face.

Subscribe to Continue Reading

The rest of this article is available exclusively to subscribers.

Share:
Nisma Riaz
Nisma Riaz

Nisma Riaz is a business journalist at Profit. She covers tech, retail and marketing and can be reached at [email protected] or https://twitter.com/nisma_riaz

View all articles →

1 Comment

Sort by:
0/2000
Supports: **bold** *italic* [link](url) > quote @mention
Guest comments require moderation

No comments yet. Be the first to join the discussion!