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BIOMER - A startup crafting specialty products.
Biomer Advanced Materials LL (BAM), a dynamic startup founded on March 23, 2023, is making significant strides in the realm of specialty biomaterials, aiming to create sustainable alternatives in the renewable and eco-friendly chemical domain. The company was established by a trio of seasoned professionals with a combined experience of 75 years in corporate research, manufacturing, sales, marketing, finance, and governance.
Vision and Mission
BAM is driven by a compelling vision: to develop a deep partnership with nature and create solutions that enhance people's lives by offering cheerful, sustainable, effective, and comfortable alternatives. The mission is focused on innovating and developing advanced solutions at various life cycle stages of biomaterials, utilising bio-waste collected from agricultural and seafood industries.
Diverse Product Portfolio
BAM's innovative approach extends to a diverse range of advanced materials and specialty products, including coatings, polymers, surfactants, adhesives, monomers, resins, and ready-to-use formulations. Ongoing projects showcase the company's commitment to addressing critical issues, such as the development of bio-based polymers for food preservation, 3D printer bio-inks for wound care, novel bio-pesticides, and bio-fertilizers.
About The Founders
The founders bring a wealth of experience to BAM:
Dr. Milind Vaidya (PhD, DB , D ): With 32 years in the Speciality Chemical Industry, Dr. Vaidya has held leadership roles in renowned companies such as Henkel, Rohn & Haas, Dow Corning, Ingevity, and ulcra, owning four patents
Dr. Vishal Joshi (PhD-ICT, B -IIMK): A multicultural global leader with over 17 years of experience, Dr. Joshi has worked with industry giants like Huntsman Corporation, Kimberly-Clark, 3M, Dow Corning, and Nicholas Piramal, publishing 11 research papers and holding 16 patents
Mr. Omkar Bhatt (MBA, BSc-Industrial Chemistry): An entrepreneur and co-founder with diverse experience, Mr. Bhatt has worked with major companies like Citibank, GE Money, and Cholamandalam DBS, and is associated with multiple ventures in chemical trading, clean energy, dairy, and edtech.
The Inspiration Behind BAM
The inspiration for BAM stems from the staggering amounts of seafood and agricultural waste generated annually. The founders recognised the untapped potential of these biomaterials and sought to create sustainable alternatives to reduce environmental impact and make India self-reliant. Importantly, BAM aligns with the global Bio Revolution, leveraging biotechnological advances to develop bio-based materials and products.
Initial Public Response and Challenges
The public response to BAM's innovative approach has been overwhelmingly positive. The concept of utilising bio-waste for advanced materials that benefit various industries resonates with the growing concern for environmental sustainability. However, challenges exist, especially in educating consumers about the value of eco-friendly products and collaborating with policymakers to further support sustainable initiatives.
Collaboration with FiiRE
BAM acknowledges the support of FiiRE in shaping its Go-to-Market (GTM) strategy and connecting with potential consumers. FiiRE's role in helping BAM navigate the startup landscape has been instrumental, facilitating meaningful interactions and partnerships.
Future Plans
BAM's future is centred on creating a robust ecosystem for converting bio-waste from seafood, agriculture, and slaughterhouses into value-added materials and chemicals. The startup aims to cater to various industries, including pharmaceuticals, cosmetics, healthcare, construction, agriculture, and food processing. The focus is on developing materials and chemicals using bio-waste to contribute to a sustainable and circular economy.