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Recykal

Hyderabad, India

bridge$23M raisedClimate TechCircular EconomyEnterprise Software

Total Raised

$23M

Stage

bridge

Location

Hyderabad, India

Founded

2016

Team size

201-500

Links

About Recykal

Waste management startup that digitizes recycling through a B2B marketplace and software solutions for tracking plastic and e-waste recycling.

What sets it apart

It combines a digital recycling marketplace with workflow software to create traceable, pan-India material flows across the waste value chain.

Sectors

Climate TechCircular EconomyEnterprise SoftwareMarketplacesrecycling

Business

Modelmarketplace

CustomerBrands, recyclers, enterprises, governments, and waste aggregators involved in recycling and extended producer responsibility workflows

Notable

  • Raised $35M across 2 funding rounds
  • Built one of Asia's largest waste-commerce marketplaces
  • Serves 100+ Urban Local Bodies, 125+ brands, 150+ recyclers, and 500+ aggregators

Funding rounds

bridge$23M

22 Jun 2026

Led by Ajay Parekh

With Biological E Ltd., 360 ONE, Trinity Combine

Source ↗

Explore the market

FAQ

What does Recykal do?

Waste management startup that digitizes recycling through a B2B marketplace and software solutions for tracking plastic and e-waste recycling.

Where is Recykal based?

Recykal is based in Hyderabad, India, founded in 2016.

How much has Recykal raised?

Recykal has raised $23M in tracked funding and is currently at the bridge stage.

Who has invested in Recykal?

Investors in Recykal include Sameer Nath, Astanor Ventures, Raja Parthasarathy, Arun Venkatachalam, Vellayan Subbiah, Rob Kaplan, Morgan Stanley India and 360 ONE Asset.