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Hyderabad, India

Investment announced December 2020

Rapidue Technologies (Recykal), India’s first waste-commerce (w-commerce) company, provides end-to-end digital solutions that connect waste generators, processors, recyclers and brand owners as well as facilitate material flows and transactions across the recycling value chain.

Their suite of services includes a digital Marketplace for recyclable waste, including plastic, a digital extended producer responsibility (EPR) management solution and a cloud-based software supporting the digitization of collection centers.

Since Circulate Capital’s investment in 2020, Recykal has raised USD 20 million from Morgan Stanley and has strengthened its unique positioning in India, partnering with more than 100+ Urban Local Bodies (ULBs), 125+ brands, 150+ recyclers, and above 500+ aggregators.

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