Recykal Funding Round

6/23/2026

Debt

$23,000,000

Undisclosed

The company intends to use the funds to strengthen its digital waste infrastructure, accelerate the deployment of its automated Deposit Return System (DRS) business, and finance its organic expansion into Europe and the United Kingdom.

Private & Independent

Environmental

Platinum Street, Hi-Tech City, Whitefield 134/2
Kondapur, Telengana, 500084
India

On a mission to drive behavioural change for 1 Billion people; A first-of-its-kind digitally enabled ecosystem that empowers every stakeholder in the waste management ecosystem. Recykal was not born in a boardroom, but in the everyday reality of India's waste ecosystem, where the scale of the challenge is impossible to ignore. For two years, the founding team worked closely with waste generators, recyclers, and the informal sector; an experience they often describe as their "MBA in Waste Management," shaped by real-world exposure across the value chain. This led to a clear insight; India's waste problem can only be solved through sustained behavioural change.