Recykal
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Recykal - overview
Established
2017
Location
Hyderabad, Telangana, India
Primary Industry
Environmental Services
About
Based in Hyderabad, India, and founded in 2017 by co-founders Abhay Deshpande (CEO), Abhishek Deshpande, Anirudha Jalan, Nitin Padmawar, Ekta Narain, and Vikram Prabakar, Rapidue Technologies Pvt. Ltd. , doing business as Recykal, operates as a provider of tech-enabled waste management solutions to brands, recyclers, and government agencies to improve recycling processes. In June 2026, Recykal raised USD 23 million in venture funding and secondary stock purchase from Biological E Ltd.
, 360 ONE, Trinity Combine, and Strat Venture. Recykal provides a wide range of waste management solutions, such as a digital marketplace for recyclables, EPR (Extended Producer Responsibility) solutions, and a digital deposit refund system (DRS). Their services include e-waste disposal, traceable plastic recovery, and circular economy solutions. Additionally, the firm also provides services such as smart centers for digitizing waste management and PAN India solutions for transparency and traceability in waste channelization.
The company plans to utilize the June 2026 funding to support platform upgrades, deposit return system deployment, waste management solutions, and international growth.
Current Investors
Triton Investment Advisors, Morgan Stanley Investment Management, Circulate Capital
Primary Industry
Environmental Services
Sub Industries
Waste Management, Recycling, Analytics & Performance Software, Customer Relationship Management
Website
www.recykal.com
Verticals
Clean Technology, Cloud Computing, IoT (Internet of Things), Mobile Apps
Company Stage
Series D
Total Amount Raised
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Recykal - employee data
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