Recykal
Sustainable Circularity
Hyderabad, India · Founded 2016 · $55.0M raised
- Headquarters
- Hyderabad
- Founded
- 2016
- Website
- recykal.com
- Total Funding
- $55.0M
- Last Round
- $18.0M Series DJun 2026
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Recykal is a Hyderabad-based clean-tech company that has digitised India's largely informal waste value chain through a managed marketplace linking brands, enterprises, recyclers, aggregators and urban local bodies. Its platform handles traceable transactions for plastic, e-waste, tyre and battery waste, and provides the documentation producers need to satisfy Extended Producer Responsibility (EPR) regulations. Additional products cover deposit refund schemes, recycled-material sourcing and circular-commerce financing. Founded in 2016 by serial entrepreneur Abhay Deshpande, the company was named a World Economic Forum Technology Pioneer in 2022 and is backed by Circulate Capital, Triton Capital and Morgan Stanley India.
Summary
Recykal is a Climate Tech company based in Hyderabad, India, founded in 2016. It has raised $55.0M in total across 4 rounds, most recently a $18.0M Series D round in Jun 2026. Investors include Triton Capital and Circulate Capital.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Jun 2026
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Funding: Seed through Series D. Amounts, valuations, and investors where available.
Investors
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