Hyderabad, India
In recent developments, Recykal secured a significant INR1.10B Series B investment on 10 April 2024. The investors involved in this latest funding round include Circulate Capital, IIFL Asset Management, Morgan Stanley, Murugappa Group, Arun Venkatachalam, Ajay Parekh, Vellayan Subbiah, Triton Investment Advisors LLP, and Pidilite Industries Limited.
Having gained recognition for its efforts, Recykal has received prestigious accolades, including being named the No. 1 Growth Champion in India by the Economic Times, and being acknowledged as one of the World's Most Innovative Companies by Fast Company. Moreover, the World Economic Forum has lauded Recykal as a Tech Pioneer. With over 400 brands, 325+ recyclers and co-processors, 10,000+ businesses, 600+ urban local bodies, and 3000+ service providers and aggregators associated with the platform, Recykal has demonstrated its potential to drive sustainable change across the waste management and recycling industry.
