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.














