Vaayu is expanding to Asia, via a new partnership with Singapore-based Carousell Group
Vaayu is expanding to Asia, propelled forward via a new partnership with Singapore-based Carousell Group — the leading multi-category platform for second-hand in Greater Southeast Asia.
One of the solutions to rapidly decarbonize retail is a move toward circular business models like recommerce, which help to extend the lifespan of products and play a vital role in reducing emissions generated when creating entirely new products from raw materials. Using Vaayu’s proprietary calculations and AI and machine learning technology, Carousell Group has released its first Circular Economy Impact Report, taking the lead on calculating its circular impact across four categories, serving seven markets, and reaching tens of millions of monthly active users.
Scaling technology across 7+ retail verticals, Asia offers Vaayu the opportunity to drive its mission forward to help retail avoid 1 gt of carbon by 2030 while pioneering the quantification of circular business models for a whole new continent.