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Recykal.com Raises $18.0

Recently funded · $18.0M Series dTechnology, Information and MediaINView source

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India's ambition to build a self-sustaining circular economy just received a significant boost. Hyderabad-based tech startup Recykal.com, which aims to divert 10% of the nation's waste from landfills, has closed its Series d funding round, securing $18.0M from investors including Ajay Parekh, 360 ONE, Strat Ventures, The Trinity Combine, and Morgan Stanley.

The company, recognized by the World Economic Forum as a Global Innovator, has already channelled over 1.2 million metric tonnes of waste through its digitally enabled ecosystem. Recykal.com also earned the Digital India Award for pioneering the nation's first digital Deposit Refund System (dDRS), driving consumer participation in recycling.

From the source

The · Jun 20, 2026

Waste Management Startup Recykal.com Secures $18 Mn Funding Led By Ajay Parekh (Vice Chairman of Pidilite Industries) Founded in 2016 by Abhay Deshpande, Abhishek Deshpande, Anirudha Jalan, Ekta Narain, and Vikram Prabakar ♻️, Recykal is building the digital backbone of India’s recycling ecosystem.

The Hyderabad-based climate-tech startup has raised Rs 166 Cr ($18 Mn) in Series D funding, pushing its valuation to Rs 2,587 Cr ($280 Mn). Key Numbers: * Funding Raised: Rs 166 Cr * Valuation: Rs 2,587 Cr * FY26 Revenue: Rs 1,498 Cr (+53% YoY) * Presence across 30+ States & UTs * Existing Investors: 360 ONE, Strat Ventures, and The Trinity Combine. * Handles plastics, e-waste, batteries, tyres,

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