Startups
Call us Disruptors or Tech geeks who manage waste! We accept both! Recykal is India’s first w-commerce (Waste commerce) company that bridges gaps between waste generators and waste processors.
In other news: Recykal was awarded as the ‘Runner-up’ in the Indian Circular Economy Awards - Start-up category,2021 by FICCI and in the same month we were recognised as the Winner of Excellence in managing Plastic Waste by EPR strategies as a PRO' by Confederation of Indian Industry (CII), 2021.
Recykal was also the first start-up in India to be inducted into the Circulars Accelerator Cohort 2021, Recognised by the World Economic Forum as a pioneer in waste management, a humbled recipient of the Circulate Capital Ocean’s Fund, and a recognition by Grant Thorton - Sabera Awards as a Responsible Business of the year!
Established in 2016, we have grown from a quaint office in Hyderabad to office spaces in Pune, Delhi, Bengaluru, Kolkata and Chennai.
We do not just work with waste generators and recyclers, we work with all stakeholders in the waste ecosystem in India. So far we have connected with more than 400,000 consumers, 47 municipalities, 95 ULBs, 100+ brands, and more than 500+ aggregators & recyclers across 30 states & UTs in India.
Using Marketplace, Smart Centre solutions, and EPR Loop - our USPs which we strongly believe in, in FY2025 we aim to channel more than 2 Million MT of plastic waste
With a goal of onboarding every recycler and aggregator in India, setting up more than 100 Recykal Points by 2025 and channeling every piece of plastic generated in India.
Working with brands like Amul, Pidilite, Unilever, P&G, Nestle and others we have been able to create awareness and enable both bulk and domestic waste generators to Recykal!
In other news: Recykal was awarded as the ‘Runner-up’ in the Indian Circular Economy Awards - Start-up category,2021 by FICCI and in the same month we were recognised as the Winner of Excellence in managing Plastic Waste by EPR strategies as a PRO' by Confederation of Indian Industry (CII), 2021.
Recykal was also the first start-up in India to be inducted into the Circulars Accelerator Cohort 2021, Recognised by the World Economic Forum as a pioneer in waste management, a humbled recipient of the Circulate Capital Ocean’s Fund, and a recognition by Grant Thorton - Sabera Awards as a Responsible Business of the year!
Established in 2016, we have grown from a quaint office in Hyderabad to office spaces in Pune, Delhi, Bengaluru, Kolkata and Chennai.
We do not just work with waste generators and recyclers, we work with all stakeholders in the waste ecosystem in India. So far we have connected with more than 400,000 consumers, 47 municipalities, 95 ULBs, 100+ brands, and more than 500+ aggregators & recyclers across 30 states & UTs in India.
Using Marketplace, Smart Centre solutions, and EPR Loop - our USPs which we strongly believe in, in FY2025 we aim to channel more than 2 Million MT of plastic waste
With a goal of onboarding every recycler and aggregator in India, setting up more than 100 Recykal Points by 2025 and channeling every piece of plastic generated in India.
Working with brands like Amul, Pidilite, Unilever, P&G, Nestle and others we have been able to create awareness and enable both bulk and domestic waste generators to Recykal!
Overview
Location
India
Employees
201-500
Phone
+91 77999 96255
Total raised
$45M
Founded date
2017
Investors 1
| Date | Name | Website |
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Funding Rounds 2
| Date | Series | Amount | Investors |
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| Jan 12, 2022 | Funding round | $22M |
Mentions in press and media 29
| Date | Title | Description |
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| Jun 26, 2026 | ETtech Deals Digest: Credâs mega round lifts startup funding to $1.09 billion this week, up 290% on-year | Synopsis Indian startups secured a significant $1.09 billion in funding across 14 deals, with fintech giant Cred leading the charge with a massive $900 million round. This surge, primarily driven by late-stage investments, marks a substanti... |
| Jun 23, 2026 | Recykal Raises $23M in Bridge Funding | |
| Jun 22, 2026 | Waste-tech startup Recykal bags $23 mn in bridge funding; Circulate Capital exits | Credit: Reuters Recykal, a technology platform for waste management and the circular economy, has raised $23 million (around Rs 217 crore) in a bridge round comprising a mix of primary and secondary capital. Of the total, around $17.6 milli... |
| Jun 21, 2026 | Recykal Bags $23 Mn To Take Its Waste Management Solutions Global | SUMMARY The startup told Inc42 that $17.6 Mn (over ₹166 Cr) was raised via primary transactions, while the remaining $5.4 Mn (nearly 51 Cr) comprised secondary deals Recykal plans to utilise the fresh funds to strengthen its tech stack, sup... |
| Apr 2, 2026 | Circulate Capital Secures $220M for Asia's Circular Economy Push | Circulate Capital achieved a $220M first close for its second Asia fund, targeting $300M. The fund invests in South and Southeast Asia's circular economy. Key sectors include advanced recycling, sustainable packaging, and electronics r... |
| Apr 1, 2026 | Circulate Capital raises $220M as first close of Fund II | Circulate Capital, a Singapore based circular economy investment firm, has raised $220 million as the first close of the Circulate Capital Asia II fund. This accounts for more than 70% of the fund’s overall target of $300 million. The fund ... |
| Mar 6, 2025 | Circulate Capital hires JM Financial PE exec to beef up South Asia team | Premium Credit: Thinkstock Singapore-headquartered Circulate Capital has strengthened its investment leadership team in South Asia with the addition of a senior executive from Mumbai-based JM Financial Private Equity. The environment-focuse... |
| Aug 21, 2024 | Pioneering Change: MIT's NSS Units and Recykal's Vision for a Sustainable Future | In a world where social responsibility and environmental sustainability are paramount, two distinct stories emerge from India, each highlighting the power of initiative and innovation. The Manipal Institute of Technology (MIT) National Serv... |
| Aug 20, 2024 | Electronics Circularity Expert ALN Rao Joins Recykal to Lead Electronics Circularity | Hyderabad: Recykal, a frontrunner in sustainability and the circular economy, announced ALN Rao’s appointment as Head of Electronics Circularity today. Recykal is a tech startup headquartered in Hyderabad that formalises the circular econom... |
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FAQ about Team Recykal
When was Team Recykal founded?
Team Recykal was founded in 2017.
How much funding has Team Recykal raised?
Team Recykal has raised $45M in total across 2 funding rounds.
What funding rounds has Team Recykal raised?
Parsers VC lists 2 funding rounds of Team Recykal, among them a funding round of $22M on Jan 12, 2022.
What has the press written about Team Recykal?
Parsers VC has collected 29 articles mentioning Team Recykal, among them “ETtech Deals Digest: Credâs mega round lifts startup funding to $1.09 billion this week, up 290% on-year” (Jun 26, 2026) and “Recykal Raises $23M in Bridge Funding” (Jun 23, 2026).
Is Team Recykal still active?
Yes, Team Recykal is active; its latest activity on Parsers VC dates from Jul 31, 2026.