About ReCircle
ReCircle is a company based in Mumbai (India) founded in 2015 by Gurashish Singh Sahni and Rahul Nainani. ReCircle has raised $691.93 thousand across 4 funding rounds from investors including Flipkart, Mumbai Angels and Venture Catalysts. The company has 81 employees as of September 16, 2024. ReCircle offers products and services including Extended Producer Responsibility (EPR), Plastic Neutral Program, and ClimaOne. ReCircle operates in a competitive market with competitors including Samsara Eco, Matter, Recycling Technologies, EREMA and Radical Plastics, among others.
- Headquarter Mumbai, India
- Employees 81 as on 16 Sep, 2024
- Founders Gurashish Singh Sahni, Rahul Nainani
- Stage Minicorn
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Sectors
Environment
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Swachh Sustainable Solutions Private Limited
- Date of Incorporation 25 Feb, 2016
- Jurisdiction Goregaon East, Maharashtra, India
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Annual Revenue
$3 M (USD)89.83as on Mar 31, 2023
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Net Profit
$294.71 K (USD)258.71as on Mar 31, 2023
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EBITDA
$481.05 K (USD)192.78as on Mar 31, 2023
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Total Equity Funding
$691.93 K (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Flipkart
& 10 more
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Employee Count
81
as on Sep 16, 2024
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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.
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.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Venture capital fund focused on multiple sectors
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Investor details for ReCircle
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Investments & Acquisitions by ReCircle
Investment portfolio details for ReCircle
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Financial Statements - ReCircle
Detailed financials for ReCircle
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Recircle Comparisons
Peer comparison for ReCircle
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Competitors of ReCircle
ReCircle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsara Eco, Matter., Recycling Technologies, EREMA and Radical Plastics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Enzymatic technology is developed for infinite plastic recycling.
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Microplastic filtration technology is developed for textile and wastewater sectors.
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Provider of solutions for plastic recycling
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Plastic recycling machines are developed and manufactured for thermoplastics.
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Solutions for plastic recycling are provided using biodegradable technology.
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Detailed competitors of ReCircle
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Latest news on 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 current CEO of ReCircle. They have also founded this company.
ReCircle is a funded company, having raised a total of $691.93K across 4 funding rounds to date.
As of Sep 16, 2024, the latest employee count at ReCircle is 81.
Annual revenue of ReCircle is $3M as on Mar 31, 2023.
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's top competitors include Samsara Eco, Matter. and Recycling Technologies.
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.