About PolyCycl
PolyCycl is an Environment company based in Kalka (India) founded in 2016 by Amit Tandon. It operates as a patented technology is utilized to recycle waste plastics into feedstocks. It operates on a Circular Economy model. PolyCycl has raised $3.94 million across 4 funding rounds from investors including LetsVenture, Milestone Gears and TSM Ventures. The company has 10 employees. PolyCycl was last valued at $73.42 million in May 2024. Its chief executive is Amit Tandon. Its Indian entity Polycycl Private Limited reported revenue of ₹31.3 Lakh. PolyCycl offers products and services including Contiflow Cracker TM, PolyOlefinExtract TM, and PyOilClean TM. Its focus areas include Waste Management and Plastic Recycling. Its competitors include Allonnia, QuantaFuel, Deluxe Recycling India, Lucro and MacroCycle and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
PolyCycl is engaged in the development of patented technologies for recycling waste plastics into valuable chemical feedstocks and industrial blendstocks. Operations are focused on the circular economy for plastics, utilizing fully-continuous pyrolysis processes and solvent-based purification methods. Solutions are designed to address the global challenge of plastic waste by converting low-grade plastics from landfills and post-consumer streams into usable materials. Sectors served include waste management and petrochemical industries, with technologies enabling the production of virgin plastics and green chemicals.
- Headquarters Kalka, India
- Employees 10
- Founders Amit Tandon
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Website polycycl.com
- Social LinkedIn X
- Legal Name Polycycl Private Limited
- Date of Incorporation 19 Jul, 2016
- Jurisdiction Haryana, India
- Annual Revenue₹31.3 Lakh
FY 2025 · +77% YoY
- Net Loss-₹2.04 Cr
FY 2025 · -652% margin
- EBITDA-₹1.88 Cr
FY 2025 · -602% margin
- Total Equity Funding$3.94M (USD)
in 4 rounds
- Latest Funding Round$2.86M (USD), Series A
Jan 2026
- InvestorsLetsVenture
& 6 more
- Employee Count10
Associated legal entities of PolyCycl
PolyCycl operates through Polycycl Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Polycycl Private Limited CIN U73100HR2016PTC065072 | Active | 19 Jul 2016 | Kalka, Haryana | ₹0.3 Cr | 10 | 2 | View details |
Products & Services of PolyCycl
PolyCycl offers a comprehensive portfolio of products and services, including Contiflow Cracker TM, PolyOlefinExtract TM, and PyOilClean TM.
Waste plastics are converted to hydrocarbon feedstocks efficiently.
Mixed plastics are segregated from waste streams effectively.
Pyrolysis oils are refined for industrial use applications.
Funding Insights of PolyCycl
PolyCycl has successfully raised a total of $3.94M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.86 million completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.94M
- Total Rounds 4
- Last Round Series A — $2.86M
- First Round $689,600
(Feb 2022)
- Investors Count 7
All 4 funding rounds of PolyCycl with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | $2.86M | Series A | – | Rainmatter | – |
| May 2024 | $96,100 | Seed | $73.42M | TSM Ventures | – |
| Oct 2022 | $289,600 | Seed | – | TSM Ventures, Aarem Ventures | – |
| Feb 2022 | $689,600 | Seed | $76.78M | Milestone Gears |
| Date | Valuation | Stage |
|---|---|---|
| May 2024 | $73.42M | •••••••• |
| Feb 2022 | $76.78M | •••••••• |
Last known valuation $73.42M (May 2024). 7 investors in total: 7 institutional.
Investors in PolyCycl
PolyCycl has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include LetsVenture, Milestone Gears and TSM Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech companies and real estate firm | – | tsmventures.net | Austin, United States | |
Venture capital fund focused on early-stage startups | – | aaremventures.tcc.mode | Mumbai, India | |
- | – | rainmatter.com | - | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Manufactures and supplies transmission components to original equipment manufacturers. | – | milestonegroup.co.in | Kalka, India | |
Limited information available | – | morpheusananta.tcc.mode | Delhi, India | |
- | – | ahavets.com | - |
Investor details for PolyCycl
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Board of directors of Polycycl Private Limited (PolyCycl)
Polycycl Private Limited is the primary company behind PolyCycl. The board of Polycycl Private Limited currently have 2 directors; the longest-serving is Amit Tandon, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Tandon DIN 02159386 | Director | 19 Jul 2016 | 10 yrs 3 mo | Polycycl Private Limited |
| Ramakrishnan Narayan Iyer DIN 08121858 | Director | 28 Apr 2018 | 8 yrs 5 mo | Polycycl Private Limited |
People of PolyCycl
1 people are tracked at PolyCycl (1 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for PolyCycl
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Financials of PolyCycl
Figures of Polycycl Private Limited, the primary company behind PolyCycl, for FY 2025. Revenue was ₹31.3 Lakh (+77% year on year). Net loss was -₹2.04 Cr (-652% margin). EBITDA was -₹1.88 Cr (-602% margin). Revenue has grown at a compounded annual rate of +32% over three years and +46% over five years.
- ₹31.3 LakhRevenue · FY 2025 · +77% YoY
- -₹2.04 CrNet loss · -652% margin
- -₹1.88 CrEBITDA · -602% margin
- ₹19.3 LakhPaid-up capital
- 10Employees (provident fund records)
- +32%Revenue CAGR, 3 years
- +46%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Polycycl Private Limited are on its company page.
Detailed financial statements for PolyCycl
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Timeline of PolyCycl
4 dated milestones of PolyCycl across 10 years, from founding to its latest funding, stage changes and deals.
- Founded PolyCycl is founded.
- Funding First funding round of $690K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.9M.
Competitors of PolyCycl
PolyCycl has 9 listed competitors in our database, 7 of them funded. They include Allonnia, QuantaFuel, Deluxe Recycling India, Lucro and MacroCycle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| allonnia.com | 2019 | Boston, United States | $90.65M | 16 | Plastic waste is upcycled through advanced biology and technology solutions. | |
| quantafuel.com | 2014 | Lysaker, Norway | $21.94M | 46 | Developer of technology upgrading plastic waste into valuable, recycled products | |
| ecolinkindia.com | 1999 | Mumbai, India | $278,756 | 93 | Manufacturer of recycled composite boards and related products. It produces sturdy, environmentally friendly alternatives to wood, plywood, and plastic-based panels for various applications including furniture, packaging, roofing, and pallets. The manufacturing process prioritizes zero gas emission, zero water effluent, and zero solid waste. The company's products offer cost reduction and consistent quality for end-users. A commitment to sustainability drives its operations, utilizing recycled materials to create high-quality, reusable products. | |
| lucro.in | 2012 | Mumbai, India | $14.49M | 83 | Post-consumer plastic waste is collected, recycled, and manufactured into products. | |
| macrocycle.tech | 2023 | Cambridge, United States | $6.5M | – | Developer of zero-carbon plastic upcycling technology | |
| revalyu.com | 2007 | Kleinostheim, Germany | – | 1 | Multiple solutions for plastic bottle recycling are developed. | |
| ecosheet.com | 2007 | Glenrothes, United Kingdom | – | – | Durable boards from recycled plastic are produced for construction use. | |
| continuusmaterials.com | 2014 | Kingwood, United States | $2M | – | Provider of paper and plastic recycling services | |
| nilo.world | 2017 | Auckland, New Zealand | $1.5M | – | Technology is developed to convert plastic waste into useful materials. |
Detailed competitors of PolyCycl
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Top companies in Waste & Water Management Systems
10 companies that operate in the same segment as PolyCycl (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Related news about Polycycl
Complete news archive for PolyCycl
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Frequently Asked Questions about PolyCycl
PolyCycl was founded in 2016 and raised its 1st funding round 6 years after it was founded.
PolyCycl is headquartered in Kalka, India. It is registered at Kalka, Haryana, India.
Amit Tandon is the current CEO of PolyCycl. They have also founded this company.
PolyCycl is a funded company, having raised a total of $3.94M across 4 funding rounds to date. The company's 1st funding round was a Seed of $689.6K, raised on Feb 2022.
PolyCycl has 10 employees.
The primary company behind PolyCycl, Polycycl Private Limited, reported revenue of ₹31.3 Lakh for FY 2025, up 77% year on year.
PolyCycl is engaged in the development of patented technologies for recycling waste plastics into valuable chemical feedstocks and industrial blendstocks. Operations are focused on the circular economy for plastics, utilizing fully-continuous pyrolysis processes and solvent-based purification methods. Solutions are designed to address the global challenge of plastic waste by converting low-grade plastics from landfills and post-consumer streams into usable materials. Sectors served include waste management and petrochemical industries, with technologies enabling the production of virgin plastics and green chemicals.
PolyCycl's top competitors include Lucro, Allonnia and QuantaFuel.
PolyCycl offers Contiflow Cracker TM, PolyOlefinExtract TM, and PyOilClean TM.
PolyCycl has 7 investors. Key investors include LetsVenture, Milestone Gears, TSM Ventures, Aarem Ventures, and Aha Vets.
The valuation of PolyCycl is $73.42M as of May 2024.
PolyCycl operates through Polycycl Private Limited.