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Thu, 06 Aug 2026
02:28:35 am
Thu, 06 Aug 2026
02:28:35 am
Synopsis
Recykal raises $23 million (₹217 crore) in bridge funding to expand globally, strengthen its technology platform, and accelerate waste management, recycling, and circular economy solutions.
Waste management startup Recykal has secured $23 million (approximately ₹217 crore) in a bridge funding round to accelerate its global expansion, strengthen its technology platform, and scale sustainable waste management solutions. The funding includes a mix of primary and secondary transactions backed by existing investors and family offices.
The latest capital infusion comes as Recykal continues to strengthen its position in the circular economy and recycling ecosystem, helping businesses manage plastic waste, e-waste, and recyclable materials through technology-driven solutions.
Recykal raised $17.6 million (₹166 crore) through primary funding, while $5.4 million (₹51 crore) came through secondary transactions.
The company plans to utilize the fresh capital for expanding its technology capabilities, supporting international growth initiatives, making strategic investments, and accelerating deployment of its Deposit Return System (DRS) solutions.
| Particulars | Details |
|---|---|
| Startup | Recykal |
| Sector | Waste Management & Recycling |
| Funding Amount | $23 Million |
| INR Equivalent | ₹217 Crore |
| Primary Capital | $17.6 Million |
| Secondary Transactions | $5.4 Million |
| Funding Type | Bridge Round |
| Founded | 2016 |
Recykal is a technology-driven waste management platform that enables businesses to manage, track, and recycle waste efficiently.
The company operates through:
Its platform connects waste generators, recyclers, producers, and compliance stakeholders within a digital ecosystem.
| Segment | Solution |
|---|---|
| Marketplace | Recyclable Material Trading |
| SaaS Platform | Waste Tracking & Compliance |
| Plastic Waste | Recycling Management |
| E-Waste | Traceability Solutions |
| Sustainability | ESG & Compliance Support |
| DRS Solutions | Circular Economy Infrastructure |
The fresh funding will support Recykal's ambitions to expand beyond India and strengthen its international footprint.
As governments and corporations globally increase their focus on sustainability and waste reduction, demand for technology-driven recycling solutions continues to grow.
| Growth Area | Objective |
|---|---|
| Global Markets | International Expansion |
| Technology Stack | Platform Enhancement |
| Strategic Investments | Ecosystem Growth |
| DRS Deployment | Circular Economy Adoption |
| Sustainability Solutions | Enterprise Expansion |
Recykal has emerged as one of India's leading climate-tech startups working toward building a circular economy.
The company's technology enables organizations to track waste generation, recycling, compliance obligations, and sustainability goals through a centralized digital platform.
| Trend | Impact |
|---|---|
| Sustainability Regulations | Higher Demand |
| E-Waste Growth | Recycling Opportunities |
| Plastic Waste Management | Compliance Need |
| ESG Adoption | Enterprise Demand |
| Circular Economy Focus | Long-Term Growth |
| Climate Tech Investments | Industry Expansion |
A significant portion of the capital will be invested in improving Recykal's technology infrastructure.
The company aims to strengthen:
This is expected to improve transparency and efficiency across the recycling value chain.
Founded in 2016, Recykal operates at the intersection of Climate Tech, Clean Tech, Waste Management, and Sustainability Solutions.
The startup has built a comprehensive ecosystem that helps enterprises manage waste responsibly while meeting regulatory requirements.
| Particulars | Details |
|---|---|
| Company | Recykal |
| Founded | 2016 |
| Industry | Waste Management |
| Category | Climate Tech |
| Business Model | B2B Marketplace & SaaS |
| Focus Areas | Plastic Waste, E-Waste, Recycling |
| Funding Raised | $23 Million |
| Expansion Focus | Global Markets |
Recykal's $23 million funding round highlights growing investor confidence in climate-tech and sustainability-focused startups. With increasing regulatory focus on recycling, waste management, and circular economy practices worldwide, the company is well-positioned to capitalize on global opportunities. The fresh capital will enable Recykal to strengthen its technology stack, expand internationally, and further accelerate the adoption of sustainable waste management solutions.
Recykal has raised $23 million (approximately ₹217 crore) in a bridge funding round.
The company will use the funds for technology development, global expansion, strategic investments, and DRS solution deployment.
Recykal operates a B2B marketplace for recyclable materials and provides SaaS-based waste management, plastic recycling, and e-waste compliance solutions.
Recykal was founded in 2016.
The company serves businesses involved in waste management, recycling, sustainability, ESG compliance, and circular economy initiatives.
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