Novo Holdings has completed an investment in Blue Planet, an integrated waste management platform operating across India, Southeast Asia and New Zealand, according to a statement issued by the company on Tuesday, 18 November 2025.
The Danish investor said the investment supports its Planetary Health strategy, which focuses on scalable technologies that promote circularity and address environmental challenges.
Blue Planet specialises in waste valorisation, converting municipal, commercial, industrial and electronic waste into materials and energy resources. Its portfolio companies include Zigma in India, Wah & Hua in Singapore, and Smart Environmental in New Zealand, providing services ranging from landfill reclamation and recycling to biofuels and e-waste processing.
What “waste valorisation” means
Waste valorisation refers to the process of turning waste into something that has economic or practical value instead of sending it to landfill. It covers a range of technologies and methods that recover materials, energy or other useful products from waste streams.
In practical terms, waste valorisation can include:
Recycling materials such as plastics, metals, paper and glass
Landfill reclamation, where old landfill sites are mined to recover usable materials
Converting organic waste into biofuels, biogas or compost
Extracting metals and components from e-waste
Energy recovery, where non-recyclable waste is used to generate heat, electricity or fuel
Transforming construction and industrial waste into new building materials
The goal is to reduce the environmental impact of waste, cut greenhouse gas emissions, and recover resources that would otherwise be lost.
Blue Planet will use the new capital from Novo to expand operations in high-growth Asian markets and to advance recycling, energy recovery and carbon credit initiatives. Novo Holdings said the aim is to strengthen synergies across Blue Planet’s regional businesses and support further development of technology-enabled waste-to-resource solutions.
Deepa Hingorani, Partner and Head of Asia for Planetary Health Investments at Novo Holdings, said the growing pace of urbanisation is increasing the need for sustainable waste management systems.
“Blue Planet exemplifies our focus on knowledge-driven solutions that promote resource efficiency and circularity,” says Hingorani.
She added that the company applies technical expertise to reduce greenhouse gas emissions and extract economic value from waste.
Blue Planet Founder and Chairman Madhujeet Chimni welcomed the partnership with Novo Holdings, saying it aligns with the company’s next phase of growth.
“Together, we aim to advance waste valorisation technologies and build a truly circular business that delivers value to communities and the environment,” says Chimni.
Previously on ScandAsia
Novo Holdings has expanded its activities in Asia in recent years through a series of strategic investments and appointments in the region.
In April 2021, Novo Holdings made its first investment in an Asian health-tech company, backing Indonesian telemedicine provider HaloDoc in a Series C round aimed at improving access to digital healthcare in Southeast Asia.
https://scandasia.com/novo-holdings-makes-its-first-investment-in-an-asian-health-tech-company/
In July 2020, the company strengthened its presence in the region by appointing a new Head of Business Development Asia, based in Singapore, to support its growing portfolio and partnership activities.
https://scandasia.com/novo-holdings-announce-new-head-of-business-development-in-asia/
You may also browse earlier coverage of the investor’s regional activities under the dedicated tag page:
https://scandasia.com/tag/novo-holdings/
