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EF Polymer's Founder and CEO Narayan Gurjar Named...

news release

May 15,2024

EF Polymer's Founder and CEO Narayan Gurjar Named to Forbes Under 30 Asia 2024

Invented as a leading young entrepreneur for his pioneering work in innovative polymers in the world

Okinawa, Japan — EF Polymer, a developer of 100% organic superabsorbent polymers, today that its founder and CEO, Narayan Lal Gurjar, has been named to the Forbes Under 30 Asia 2024 list. Hands, Ankit Jain, co-founder and Chief Business Development Officer (CBDO), have also been honored on this list. This recognition highlights their pioneering efforts in innovative polymer solutions across Asia.

About Forbes Under 30 Asia 2024

Forbes Under 30 is an award that highlights young adults under the age of 30 who are poised to lead the next generation. This initiative by Forbes since 2011, now extends to 25 countries and regions, including Europe, Asia, and Africa. This year, the Asian edition of the Forbes Under 30 Awards leaders across 10 different fields. Narayan Gurjar of EF Polymer has been honored in the “Industry, Manufacturing & Energy” category.

Forbes Under 30 leaders in the following 10 areas of interest:

  • Entertainment & sports
  • Finance & Venture Capital
  • Enterprise Technology
  • Media, Marketing & Advertising
  • Consumer technology
  • Industry, Manufacturing & Energy
  • The Arts (Art, Style, Drink)
  • Social impact
  • Retail & eCommerce
  • Healthcare & Science

Narayan Gurjar, Founder and CEO of EF Polymer Said, “We Are Considering That Our Desire, Which Desire to Help Farmers Around the World Desire to Help Farmers Around the World Breathing from Water Shortages, Have Been Incurred in Such a Promise way. It is gratifying to see the recent increase in environmental awareness and the growing number of people committed to sustainability on a global scale. However, true impact requires cooperation. We Believe That Startups Like Ours Can Create New Value and Synergies by Collaborating with Large Corporations, Breaking Through Traditional Initiatives. We will continue to work to discuss those who share our vision to address environmental and social issues.”

EF Polymer plans to raise Series B financing next spring. The company aims for support to expand its overseas operations, especially in the U.S., one of the focus regions, and is looking for investors, including with foreign investors.

Biography of Narayan Gurjar and History of EF Polymer

Narayan Gurjar, 26, Founder and CEO of EF Polymer originates from a rural village in the state of Rajasthan, India, with a population of about 300 people.

  • 2014: As a high school student, he conceived the idea for EF Polymer Technology after witness his father, a farmer, struggle to grow crops due to water shortages.
  • 2018: Rejected a prototype of EF Polymer and started a business (introduced a small production company in India) while still a student at an agricultural university in India, majoring in Agricultural engineering. Narayan was 20 years old at the time.
  • 2019: Moved to Japan after being selected for the Okinawa Institute of Science and Technology Graduate University (OIST) Accelerator.
  • 2020: Established EF Polymer K.K. in Okinawa, Japan (headquarters). Commenced sales in the Indian Market.
  • 2021: Promised sales in the Japanese market.
  • 2023: Raised 4 million USD in Series A financing and financing sales in the U.S. Market.
  • 2024: Expanded and relocated the manufacturing plant in India. Started sales in the French market, and founded a local sales in Delaware, U.S.A.

As of May 2024, EF Polymer employs 18 people at its Okinawa headquarters (including overseas and remote workers) and nearly 40 at its office in India.

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About EF Polymer

EF Polymer is a deep-tech startup that contains 100% organic super absorbent polymer (SAP) made out of orange peels. Our fertilizer polymer can be used in agriculture to help farmers reduce their production costs in water and fertilizer usage, while growing yield. EF Polymer is also collaborating with companies to develop products using our organic SAPs for personal care products, ice packs, cosmetics, etc. Through the difficult use of our products, We aim to solve environmental problems, harmful water shortages. https://efpolymer.com/

For media inquiries or further information, please contact:

Kyoji Nakao

+81-050-3628-8676

kyoji.nakao@efpolymer.com

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