About ReCircle
ReCircle is an Environment company based in Mumbai (India) founded in 2015 by Gurashish Singh Sahni and Rahul Nainani. Provider of waste management and recycling solutions for businesses and individuals. ReCircle has raised $691.93 thousand across 4 funding rounds from investors including Flipkart, Mumbai Angels and Venture Catalysts. The company has 81 employees. ReCircle was last valued at $7.79 million in September 2023. Its chief executive, as recorded, is Rahul Nainani. Its Indian entity Swachh Sustainable Solutions Private Limited reported revenue of ₹35.06 Cr. ReCircle offers products and services including Extended Producer Responsibility (EPR), Plastic Neutral Program, and ClimaOne. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Technology Providers.
Company details
Founded in 2015 and based in Mumbai, India, ReCircle operates in the waste management sector. Services encompass plastic neutrality programs, textile waste handling, and supply chain traceability. Waste is converted into resources to support sustainability objectives. Community collection initiatives and stakeholder partnerships are utilized to advance circular economy practices. A technology platform is employed for visibility and management of materials from sourcing to disposal.
- Headquarters Mumbai, India
- Employees 81
- Founders Gurashish Singh Sahni, Rahul Nainani
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website recircle.in
- Social LinkedIn X Facebook Instagram
- Legal Name Swachh Sustainable Solutions Private Limited
- Date of Incorporation 25 Feb, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹35.06 Cr
FY 2025 · +34% YoY
- Net Loss-₹39.7 Lakh
FY 2025 · -1% margin
- EBITDA₹1.6 Lakh
FY 2025 · 0% margin
- Total Equity Funding$691.93K (USD)
in 4 rounds
- InvestorsFlipkart
& 10 more
- Employee Count81
Associated legal entities of ReCircle
ReCircle operates through Swachh Sustainable Solutions 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 |
|---|---|---|---|---|---|---|---|
| Swachh Sustainable Solutions Private Limited CIN U74900MH2016PTC273536 | Active | 25 Feb 2016 | Mumbai, Maharashtra | ₹35.1 Cr | 48 | 2 | View details |
Products & Services of ReCircle
ReCircle offers a comprehensive portfolio of products and services, including Extended Producer Responsibility (EPR), Plastic Neutral Program, and ClimaOne.
Manages producer accountability for waste recycling and disposal.
Offsets plastic waste through environmental projects and initiatives.
Provides visibility and control over materials for sustainability goals.
Funding Insights of ReCircle
ReCircle has successfully raised a total of $691.93K across 4 strategic funding rounds. 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 $691,934
- Total Rounds 4
- First Round $109,699
(Jun 2019)
- Investors Count 11
All 4 funding rounds of ReCircle 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 |
|---|---|---|---|---|---|
| Sep 2024 | Seed | – | Venture Catalysts, Mumbai Angels | – | |
| Sep 2023 | $560,700 | Seed | $7.79M | Acumen, Flipkart Leap | |
| Aug 2020 | $21,535 | Angel Round | $1.58M | Amit Chauhan | – |
| Jun 2019 | $109,699 | Angel Round | $••••• | Amit Chauhan |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2023 | $7.79M | •••••••• |
| Aug 2020 | $1.58M | •••••••• |
| Jun 2019 | $••••• | •••••••• |
Full valuation and stage history of ReCircle
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $7.79M (Sep 2023). 11 investors in total: 7 institutional and 4 angel.
Investors in ReCircle
ReCircle has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Flipkart, Mumbai Angels and Venture Catalysts.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Venture capital fund focused on multiple sectors | 2001 | acumen.org | New York, United States | |
E-commerce startup acceleration and innovation programs focused on technology and partnerships in India. | 2020 | flipkartleap.com | Bengaluru, India | |
| 3ipartners.vc | ||||
Multi-category consumer products are offered via an online marketplace platform. | 2007 | flipkart.com | Bengaluru, India | |
SC Shalini Chhabra | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | unknown_929586c947b246ef8 | ||
ND Nishant Dugar | unknown_30dd827a741e49fc8 | |||
AC Amit Chauhan | Angel investor and entrepreneur, co-founder of Quikr, active in Indian startup ecosystem | unknown_bf5b9c2c3c014c4da | ||
UU Umesh Unnikrishnan | unknown_02b70799342c4be19 |
Investor details for ReCircle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Swachh Sustainable Solutions Private Limited (ReCircle)
Swachh Sustainable Solutions Private Limited is the primary company behind ReCircle. The board of Swachh Sustainable Solutions Private Limited currently have 2 directors; the longest-serving is Gurashish Singh Gurpreet Singh Sahni, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gurashish Singh Gurpreet Singh Sahni DIN 07349554 | Director | 25 Feb 2016 | 10 yrs 8 mo | Swachh Sustainable Solutions Private Limited |
| Rahul Naresh Nainani DIN 07349581 | Director | 25 Feb 2016 | 10 yrs 8 mo | Swachh Sustainable Solutions Private Limited |
People of ReCircle
2 people are tracked at ReCircle (2 in leadership); the tracked headcount is 81.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for ReCircle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ReCircle
Figures of Swachh Sustainable Solutions Private Limited, the primary company behind ReCircle, for FY 2025. Revenue was ₹35.06 Cr (+34% year on year). Net loss was -₹39.7 Lakh (-1% margin). EBITDA was ₹1.6 Lakh (0% margin). Revenue has grown at a compounded annual rate of +39% over three years and +60% over five years.
- ₹35.06 CrRevenue · FY 2025 · +34% YoY
- -₹39.7 LakhNet loss · -1% margin
- ₹1.6 LakhEBITDA · 0% margin
- ₹1.3 LakhPaid-up capital
- 48Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Swachh Sustainable Solutions Private Limited are on its company page.
Detailed financial statements for ReCircle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of ReCircle
4 dated milestones of ReCircle across 9 years, from founding to its latest funding, stage changes and deals.
- Founded ReCircle is founded.
- Funding First funding round of $110K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Web traffic of ReCircle
The website of ReCircle (recircle.in) receives about 3K visits a month.
- Monthly visits3K
▼ 76.6% vs previous month
Websites whose visitors overlap most with ReCircle. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dwijproducts.com | 100% | #1,236,463 | View details | ||
| respunindia.com | 89% | #358,133 | View details | ||
| recyclinghub.in | 84% | 1.7K | #8,967,322 | View details | |
| dalmia.co.in | 82% | View details |
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as ReCircle (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Recircle
Complete news archive for ReCircle
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Frequently Asked Questions about ReCircle
ReCircle was founded in 2015 and raised its 1st funding round 4 years after it was founded.
ReCircle is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rahul Nainani is the CEO of ReCircle, as recorded in our data. They have also founded this company.
ReCircle is a funded company, having raised a total of $691.93K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $109.7K, raised on Jun 2019.
ReCircle has 81 employees.
The primary company behind ReCircle, Swachh Sustainable Solutions Private Limited, reported revenue of ₹35.06 Cr for FY 2025, up 34% year on year.
Founded in 2015 and based in Mumbai, India, ReCircle operates in the waste management sector. Services encompass plastic neutrality programs, textile waste handling, and supply chain traceability. Waste is converted into resources to support sustainability objectives. Community collection initiatives and stakeholder partnerships are utilized to advance circular economy practices. A technology platform is employed for visibility and management of materials from sourcing to disposal.
ReCircle offers Extended Producer Responsibility (EPR), Plastic Neutral Program, and ClimaOne.
ReCircle has 11 investors. Key investors include Flipkart, Mumbai Angels, Venture Catalysts, Acumen, and Flipkart Leap.
The valuation of ReCircle is $7.79M as of Sep 2023.
ReCircle operates through Swachh Sustainable Solutions Private Limited.
The legal entities of ReCircle currently have 2 directors, including Gurashish Singh Gurpreet Singh Sahni, Rahul Naresh Nainani.