Recykal
Chennai, India · Information Technology, Software, Sustainability
Recykal is a tech startup, headquartered in Hyderabad, formalizing the circular economy in India. We are the pioneer of the managed marketplace for the Circular Economy in India, enabling all stakeholders across waste management and recycling with a digitized waste management ecosystem. We operate in these categories offering circularity & sustainability solutions: plastic, paper, metal, e-waste,
Key facts
- Headquarters
- Chennai, India
- Employees
- 600
- Industries
- Information Technology, Software, Sustainability
- Status
- Private
- Website
- https://www.recykal.com/
- Company page
Recent activity at Recykal
- : Morgan Stanley-backed Recykal raises $18 Mn in Series D funding led by Ajay Parekh, aiming to enhance working capital and strategic investments.
- : Recykal Appoints ALN Rao as Head of Electronics Circularity
- : Recykal raised Rs 110 cr in a pre-series B funding round led by a Category II scheme managed by 360 ONE Asset Management.
- : Recykal Raises $22 Million Funding From Morgan Stanley, Existing Investors
Recykal funding history
| Date | Round | Amount |
|---|---|---|
| Jun 2026 | Series D | $18.0M |
| Apr 2024 | Series B | $1.1B |
| Jan 2022 | Funding Round | $22.0M |
Leadership
- ALN Rao, Head of Electronics Circularity
- Ekta Narain, Chief Business Officer
- Abhay Deshpande, Chief Executive Officer
Verified email and direct lines for Recykal’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Recykal in the news
- Scientists Turn One of the World’s Hardest-To-Recycle Plastics Into Engine Oil - SciTechDaily (Aug 15, 2026)
- How to Recycle Your Old Computer - Earth911 (Dec 30, 2025)
- Recycle Indiana: Recycling Infrastructure and Economics Study - IN.gov (Jul 22, 2021)
- Center for Hard to Recycle Materials - Cook County (.gov) (Mar 15, 2023)
- What plastics can I recycle? It varies depending on where you live - WUWM (Apr 15, 2026)
- Why It’s So Hard to Recycle Plastic - Scientific American (Dec 13, 2022)
- How to Recycle a 14-Story Office Tower (Published 2022) - The New York Times (Oct 06, 2022)
- America Can Recycle 90% of Wind Turbine Mass, According to New DOE Report - Department of Energy (.gov) (Jan 06, 2025)
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About Recykal: questions and answers
What does Recykal do?
Recykal is a tech startup, headquartered in Hyderabad, formalizing the circular economy in India. We are the pioneer of the managed marketplace for the Circular Economy in India, enabling all stakeholders across waste management and recycling with a digitized waste management ecosystem. We operate in these categories offering circularity & sustainability solutions: plastic, paper, metal, e-waste,
Where is Recykal headquartered?
Recykal is headquartered in Chennai, India.
How many employees does Recykal have?
Recykal has about 600 employees.
Has Recykal raised funding?
Yes. Fundz has recorded 3 funding events for Recykal. The most recent, Series D of $18.0M, was in Jun 2026.
Who leads Recykal?
Abhay Deshpande is a Chief Executive Officer at Recykal.
What is the latest news on Recykal?
On Jun 20, 2026, Morgan Stanley-backed Recykal raises $18 Mn in Series D funding led by Ajay Parekh, aiming to enhance working capital and strategic investments.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy