About recycleX
recycleX is a company based in Bharuch (India) founded in 2020 by Abhishek Chhazed and Vedant Gandhi. recycleX has raised $118.93 thousand across 1 funding round from investors including Social Alpha. The company has 1 employees as of April 04, 2024. recycleX offers products and services including Eco-Concrete, Rex Bricks, and Rex Paver. recycleX operates in a competitive market with competitors including Solidiatech, Allonnia, Neustark, Carbicrete and Hoffmann Green Cement Technologies, among others.
- Headquarter Bharuch, India
- Employees 1 as on 04 Apr, 2024
- Founders Abhishek Chhazed, Vedant Gandhi
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Sectors
Real Estate & ConstructionEnvironment
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Email
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Phone
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Website
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Social
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- Legal Name Recyclex Private Limited
- Date of Incorporation 30 Oct, 2020
- Jurisdiction Bharuch, Gujarat, India
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Annual Revenue
$48.33 K (USD)37.32as on Mar 31, 2023
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Net Profit
-$6.51 K (USD)-4244.94as on Mar 31, 2023
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EBITDA
-$4.93 K (USD)27.58as on Mar 31, 2023
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Total Equity Funding
$118.93 K (USD)
in 1 rounds
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Latest Funding Round
$118.93 K (USD), Seed
Oct 25, 2024
- Investors
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Employee Count
1
as on Apr 04, 2024
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Products & Services of recycleX
recycleX offers a comprehensive portfolio of products and services, including Eco-Concrete, Rex Bricks, and Rex Paver.
Material replacing cement with industrial waste to lower carbon footprint.
Bricks made from recycled plastic waste for eco-friendly construction.
Paver blocks from plastic waste for durable, sustainable surfaces.
Funding Insights of recycleX
recycleX has successfully raised a total of $118.93K through 1 strategic funding round. The most recent funding activity was a Seed round of $118.93 thousand completed in October 2024. 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 recycleX
recycleX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Social Alpha.
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Sustainable startups are supported via innovation curation and venture funding.
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Investor details for recycleX
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Investments & Acquisitions by recycleX
Investment portfolio details for recycleX
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Financial Statements - recycleX
Detailed financials for recycleX
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Recyclex Comparisons
Peer comparison for recycleX
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Competitors of recycleX
recycleX 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 Solidiatech, Allonnia, Neustark, Carbicrete and Hoffmann Green Cement Technologies, among others.
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The company is offering sustainable solutions for the construction industry
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Plastic waste is upcycled through advanced biology and technology solutions.
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Provider of carbon mineralization technology that stores CO2 in demolished concrete.
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Cement-free concrete technology is developed using by-products and captured CO2.
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Manufacturer of low carbon cement
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Low-carbon cement is produced via a carbon-negative process.
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Detailed competitors of recycleX
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Latest news on Recyclex
Complete news archive for recycleX
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Frequently Asked Questions about recycleX
recycleX was founded in 2020 and raised its 1st funding round 4 years after it was founded.
recycleX is headquartered in Bharuch, India. It is registered at Bharuch, Gujarat, India.
recycleX is a funded company, having raised a total of $118.93K across 1 funding round to date.
As of Apr 04, 2024, the latest employee count at recycleX is 1.
Annual revenue of recycleX is $48.33K as on Mar 31, 2023.
RecycleX was founded in 2020 in Bharuch, India, focusing on the sustainable construction sector. Bricks and pavers are manufactured by incorporating recycled plastic and industrial waste, serving as alternatives to traditional cement-based products. The eco-concrete option is designed to reduce carbon emissions in building processes. Expansion into additional construction materials is underway, with operations centered on upcycling waste streams for environmental benefits.
recycleX offers Eco-Concrete, Rex Bricks, and Rex Paver.
recycleX has 1 investor. Key investors include Social Alpha.