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Recykal

Recykal is a digital technology company powering a marketplace, building Saas, cloud based solutions for Waste management, recycling industry.
E-Commerce,  Energy,  SaaS,  Technology,  Services,  Marketplace  
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Basic Information
Recykal is an end-to-end digital solutions provider that facilitates transactions for all stakeholders across India’s waste management and recycling value chain to promote more efficient and effective recycling of plastic waste, e-waste. Recykal’s unique, integrated approach marks India’s first digital waste-commerce (w-commerce) company that connects waste generators with waste processors and recyclers, and brand owners to solve some of the biggest challenges faced by the industry. They are helping FMCG and electronic brands run their consumer awareness and takeback programs and comply with extended producer responsibility (EPR) rules. Recykal’s digital footprint for waste collection and channelisation includes more than 400,000 consumers, over 1,000 businesses, 500 aggregators and waste management companies, more than 100 recyclers and 30 municipalities across 25 states and union territories.
Legal Name
:
Rapidue Technologies Pvt Ltd
Headquarters
:
Hyderabad, Telangana, India
Business Model
:
B2B  
Founding Date
:
2015
No. of Employees
:
61 to 100
Core Team
:
1.  
Anirudha Jalan
Co-Founder
2.  
Abhishek Deshpande
Co-Founder & CCO
3.  
Abhay Deshpande
Co-Founder
Revenue Stream
Commission on transaction
Fee-For-Service
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Funding

Total Funding

$24.0M

Investors
:
1.  
Vijay Acharya
2.  
Morgan Stanley
3.  
Triton Investment Advisors LLP
Detail Round Breakdown
Round 1

$22M

Series Name
:
OTHER
Date
:
11th Jan 2022
Investors
:
1.  
Morgan Stanley
2.  
Circulate Capital
3.  
Arun Venkatachalam
4.  
Vellayan Subbiah

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