Recykal raised Rs 110 cr in a pre-series B funding round led by a Category II scheme managed by 360 ONE Asset Management.
Amount Raised
₹1.1 Billion
Round Type
Series B
HyderabadInformation TechnologySustainabilitySoftwareInvestors
Description
Recykal, a tech startup providing a digitised waste management ecosystem, has raised Rs 110 crore in a pre-series B investment from a Category II scheme managed by 360 ONE Asset Management. This investment will enable Recykal to drive further innovation in their technology, products, and solutions to amplify their growth and strengthen their position as a trusted sustainability partner.
Quick answer
Recykal raised ₹1.1 Billion in a Series B round, dated April 10, 2024. Investors: Vellyan Subbiah, Arun Venkatachalam, Ajay Parekh, Triton Investment Advisors, Circulate Capital and Morgan Stanley. Recykal is based in Hyderabad, Telangana, India.
- How much did Recykal raise?
- Recykal raised ₹1.1 Billion in a Series B round on April 10, 2024.
- Who invested in Recykal?
- Vellyan Subbiah, Arun Venkatachalam, Ajay Parekh, Triton Investment Advisors, Circulate Capital and Morgan Stanley are named as investors in this round.
- What does Recykal do?
- Recykal is a tech startup, headquartered in Hyderabad, formalizing the circular economy in India.
- Where is Recykal based and how big is it?
- Recykal is based in Hyderabad, Telangana, India. Fundz records about 600 employees.
- Who are the decision-makers at Recykal?
- Fundz holds 1 contact at Recykal. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sustainability and Software around the same time
Companies in the same sectors as Recykal that raised within 45 days of this round, from Fundz verified event records.
- SolarSquare raised $4.2M (Series B) on May 17, 2024.
- Climate Vault Solutions raised $3.2M (Seed) on April 3, 2024.
- PrizePicks raised $8.7M on March 11, 2024.
- Grammarly raised $145M on March 4, 2024.
- Rows raised $8.6M (Funding Round) on May 24, 2024.
- Flair AI raised $5M (Seed) on May 24, 2024.
Who to call at Recykal, and when
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- An alert the day Recykal raises, hires an executive or expands, scored against what you sell
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Funding Insights
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