About Recycle.Green
Recycle.Green is a Retail company based in Ahmedabad (India) founded in 2017 by Hardik Shah and Chintal Shah. Environment-friendly lifestyle products are sold via an online store. It operates on a Circular Economy and Direct-to-Consumer (D2C) model. Recycle.Green has raised $58.54 thousand across 4 funding rounds from investors including India Accelerator, Manish Sudhirbhai Mehta and Anil Gupta. Recycle.Green was last valued at $1.28 million in August 2022. Its chief executive, as recorded, is Hardik Shah. Its website recycle.green draws about 14 thousand monthly visits. Its Indian entity Innovategreen Technologies Private Limited reported revenue of ₹55.9 Lakh. Recycle.Green offers products and services including Green Home Products, Green Office Supplies, and Green Wear. Its focus areas include Environment, Sustainability and Waste Management. Its competitors include Amala Earth, Meolaa and Brown Living; 2 of its 3 listed competitors have raised funding.
Company details
Recycle.Green is engaged in promoting zero waste commerce through sustainable products and innovative waste-to-value solutions. The company operates in the environmental sustainability sector, offering a range of products across home, office, fashion, and gifting categories. Waste is converted into usable products under a circular economy model, and a unique PayByWaste system allows customers to use waste as currency. Environmental Savings Values (ESV) are scientifically derived for each product, supporting rewards and recognition. Sustainable packaging with plastic-free materials is ensured, and packaging take-back is facilitated.
- Headquarters Ahmedabad, India
- Founders Hardik Shah, Chintal Shah
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website recycle.green
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Innovategreen Tech Pvt Ltd
- Date of Incorporation 03 Mar, 2017
- Jurisdiction Paldi Cross Road, Paldi, Gujarat, India
- Annual Revenue₹55.9 Lakh
FY 2025 · +23% YoY
- Net Loss-₹17.7 Lakh
FY 2025 · -32% margin
- EBITDA-₹16.4 Lakh
FY 2025 · -29% margin
- Total Equity Funding$58.54K (USD)
in 4 rounds
- Latest Funding Round$12.65K (USD), Angel Round
Aug 2022
- InvestorsIndia Accelerator
& 10 more
Associated legal entities of Recycle.Green
Recycle.Green operates through Innovategreen Technologies 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 |
|---|---|---|---|---|---|---|---|
| Innovategreen Technologies Private Limited CIN U72900GJ2017PTC096062 | Active | 03 Mar 2017 | Paldi, Gujarat | ₹0.6 Cr | 2 | View details |
Products & Services of Recycle.Green
Recycle.Green offers a comprehensive portfolio of products and services, including Green Home Products, Green Office Supplies, and Green Wear.
Products for homes made from recycled materials sustainably.
Office supplies created from waste for eco-friendly workplaces.
Clothing items produced using recycled and sustainable materials.
Apps and channels of Recycle.Green
its YouTube channel Innovate Green has 38 subscribers and 16 videos.
Videos from Recycle.Green
The most watched videos on Recycle.Green's YouTube channel, Innovate Green (38 subscribers). Click a video to play it here.
More on Innovate Green.
Funding Insights of Recycle.Green
Recycle.Green has successfully raised a total of $58.54K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $12.65 thousand completed in August 2022. 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 $58,543
- Total Rounds 4
- Last Round Angel Round — $12,645
- Investors Count 11
All 4 funding rounds of Recycle.Green 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 |
|---|---|---|---|---|---|
| Aug 2022 | $12,645 | Angel Round | $1.28M | Manish Sudhirbhai Mehta | – |
| Nov 2021 | $32,174 | Angel Round | $1.08M | Anil Gupta | |
| Mar 2021 | $13,724 | Angel Round | $••••• | Vishnu Venkatesh Prabhu, Dinesh Arora | – |
| May 2020 | Seed | – | India Accelerator | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $1.28M | •••••••• |
| Nov 2021 | $1.08M | •••••••• |
Last known valuation $1.28M (Aug 2022). 11 investors in total: 1 institutional and 10 angel.
Investors in Recycle.Green
Recycle.Green has secured backing from 11 investors, including angel and venture fund investors. Prominent investors backing the company include India Accelerator, Manish Sudhirbhai Mehta and Anil Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup acceleration, funding, and mentorship services are delivered by India Accelerator. | 2017 | indiaaccelerator.co | Gurugram, India | |
MS Manish Sudhirbhai Mehta | unknown_08d66c27c55741579 | |||
AG Anil Gupta | unknown_01af53b470db4c4fb | |||
SM Smriti Mehra | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | unknown_e61922bebf8c41d09 | ||
RD Rashmi Deshpande | unknown_948a6f010fcd47679 | |||
AB Archna Bhargava | unknown_80126619cd43468bb | |||
RD Rahul Dikshit | unknown_8d99126641fc4b999 | |||
VS Vandita Sethi | unknown_9b98deece45b400b8 | |||
KA Kapil Ashar | unknown_dbd71a43c87342b48 | |||
VV Vishnu Venkatesh Prabhu | unknown_94728ad3eca34372a |
Investor details for Recycle.Green
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Innovategreen Technologies Private Limited (Recycle.Green)
Innovategreen Technologies Private Limited is the primary company behind Recycle.Green. The board of Innovategreen Technologies Private Limited currently have 2 directors; the longest-serving is Hardik Kiritkumar Shah, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hardik Kiritkumar Shah DIN 07738896 | Director | 03 Mar 2017 | 9 yrs 7 mo | Innovategreen Technologies Private Limited |
| Chintal Hardik Shah DIN 07741183 | Director | 03 Mar 2017 | 9 yrs 7 mo | Innovategreen Technologies Private Limited |
People of Recycle.Green
2 people are tracked at Recycle.Green (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & Director | Leadership |
Complete people profiles for Recycle.Green
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 Recycle.Green
Figures of Innovategreen Technologies Private Limited, the primary company behind Recycle.Green, for FY 2025. Revenue was ₹55.9 Lakh (+23% year on year). Net loss was -₹17.7 Lakh (-32% margin). EBITDA was -₹16.4 Lakh (-29% margin). Revenue has grown at a compounded annual rate of +30% over three years and +12% over five years.
- ₹55.9 LakhRevenue · FY 2025 · +23% YoY
- -₹17.7 LakhNet loss · -32% margin
- -₹16.4 LakhEBITDA · -29% margin
- ₹1.1 LakhPaid-up capital
- +30%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innovategreen Technologies Private Limited are on its company page.
Detailed financial statements for Recycle.Green
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Recycle.Green
4 dated milestones of Recycle.Green across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Recycle.Green is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $13K.
Competitors of Recycle.Green
Recycle.Green has 3 listed competitors in our database, 2 of them funded. They include Amala Earth, Meolaa and Brown Living.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amala.earth | 2021 | Delhi, India | 7 | Operates an online marketplace offering a wide range of multi-category products. | ||
| meolaa.com | 2022 | Bengaluru, India | $9.71M | Online marketplace offering multi-category sustainable products and accessories | ||
| brownliving.in | 2019 | Mumbai, India | $614,155 | Online marketplace offering multi-category sustainable products and accessories |
Detailed competitors of Recycle.Green
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Recycle.Green
The website of Recycle.Green (recycle.green) receives about 14.3K visits a month.
- Monthly visits14.3K
▲ 655.8% vs previous month
Websites whose visitors overlap most with Recycle.Green. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| recyclegreen.in | 100% | 6.9K | #2,979,295 | View details | |
| mapinpub.com | 94% | #4,691,679 | View details | ||
thepdkfstore.com | thepdkfstore.com | 93% | #774,227 | – | |
aurusjewels.in | aurusjewels.in | 92% | #1,712,584 | – | |
storyofindia.in | storyofindia.in | 91% | #5,638,290 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Recycle.Green
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as Recycle.Green (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 |
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Frequently Asked Questions about Recycle.Green
Recycle.Green was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Recycle.Green is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Hardik Shah is the CEO of Recycle.Green, as recorded in our data. They have also founded this company.
Recycle.Green is a funded company, having raised a total of $58.54K across 4 funding rounds to date.
The primary company behind Recycle.Green, Innovategreen Technologies Private Limited, reported revenue of ₹55.9 Lakh for FY 2025, up 23% year on year.
Recycle.Green is engaged in promoting zero waste commerce through sustainable products and innovative waste-to-value solutions. The company operates in the environmental sustainability sector, offering a range of products across home, office, fashion, and gifting categories. Waste is converted into usable products under a circular economy model, and a unique PayByWaste system allows customers to use waste as currency. Environmental Savings Values (ESV) are scientifically derived for each product, supporting rewards and recognition. Sustainable packaging with plastic-free materials is ensured, and packaging take-back is facilitated.
Recycle.Green's top competitors include Brown Living, Meolaa and Amala Earth.
Recycle.Green offers Green Home Products, Green Office Supplies, and Green Wear.
Recycle.Green has 11 investors. Key investors include India Accelerator, Manish Sudhirbhai Mehta, Anil Gupta, Smriti Mehra, and Rashmi Deshpande.
The valuation of Recycle.Green is $1.28M as of Aug 2022.
Recycle.Green operates through Innovategreen Technologies Private Limited.
The legal entities of Recycle.Green currently have 2 directors, including Hardik Kiritkumar Shah, Chintal Hardik Shah.