Textiles, Circular Economy
Compulsory Convertible Preference Shares
Up to 100% of all waste fabric can be recycled or upcycled, yet too often textiles end up in landfills or incinerators. This problem is particularly significant in India, the second largest producer of textiles and apparel, where up to 25% of fabric is lost in the cutting and manufacturing process.
MuddleArt is a pre-consumer textile waste management company that offers recycling and upcycling solutions to brands and organizations. MuddleArt serves as a link, connecting textile manufacturers with a variety of recycling/upcycling companies. By sourcing, sorting, and offering traceability in its processes, MuddleArt creates opportunities for major textile brands, manufacturers, and producers to create sustainable value chains, helping the transition toward a circular economy.
In addition to its contributions to creating more a sustainable economy, MuddleArt also focuses on creating dignified work by prioritizing the employment of talent from underprivileged and marginalized groups, including women.