MYNUSCo expands from automotive to sustainable lifestyle products

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NEW DELHI: ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/mynusco” target=”_blank”>MYNUSCo, the Bengaluru-based biomaterials enterprise that transforms agricultural waste into high-performance materials, has expanded beyond automotive applications into consumer markets. The company was founded in 2015 by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/mahadev-chikkanna” target=”_blank”>Mahadev Chikkanna and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/shruthi-ujjani-ramesh” target=”_blank”>Shruthi Ujjani Ramesh.

The company spent its first five years in R&D mode, developing biocomposite technologies. In 2019, it received a contract from a global automotive OEM to supply ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/biocomposites” target=”_blank”>biocomposites for car interiors. However, the pandemic forced a complete strategy rethink.

Chikkanna said in a…



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MYNUSCo expands from automotive to sustainable lifestyle products


NEW DELHI: ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/mynusco” target=”_blank”>MYNUSCo, the Bengaluru-based biomaterials enterprise that transforms agricultural waste into high-performance materials, has expanded beyond automotive applications into consumer markets. The company was founded in 2015 by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/mahadev-chikkanna” target=”_blank”>Mahadev Chikkanna and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/shruthi-ujjani-ramesh” target=”_blank”>Shruthi Ujjani Ramesh.

The company spent its first five years in R&D mode, developing biocomposite technologies. In 2019, it received a contract from a global automotive OEM to supply ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/biocomposites” target=”_blank”>biocomposites for car interiors. However, the pandemic forced a complete strategy rethink.

Chikkanna said in a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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