How much funding has Recykal raised?

Recykal has raised $55.0M in total funding, most recently a Series D round.

Who are Recykal's investors?

Recykal's investors include Triton Capital, Circulate Capital.

Where is Recykal headquartered?

Recykal is headquartered in Hyderabad, India.

What industry is Recykal in?

Recykal operates in Climate Tech.

Recykal

Sustainable Circularity

Hyderabad, India · Founded 2016 · $55.0M raised

Climate Tech

Headquarters: Hyderabad
Founded: 2016
Website: recykal.com

Total Funding: $55.0M
Last Round: $18.0M Series DJun 2026
Rounds: 4

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.