About Recykal
Recykal is an Environment company based in Hyderabad (India) founded in 2016 by Sujan Parthasaradhi, Vikram Prabakar, Ekta Narain, Abhay Deshpande Raosaheb, Anirudha Jalan, Abhishek Deshpande, and Abhay Deshpande. Digital solutions for sustainable waste management and recycling are provided. It operates in the Environment and Technology sectors. Recykal has raised $58.98 million across 8 funding rounds from investors including Morgan Stanley, 360 One and Bank of Singapore. The company has 258 employees. Recykal was last valued at $142.34 million in February 2024. Its chief executive, as recorded, is Abhay Deshpande. Its website recykal.com draws about 23 thousand monthly visits. Its Indian entity Rapidue Technologies Private Limited reported revenue of ₹985 Cr. Recykal offers products and services including EPR Loop, E-Waste Disposal Platform, and Recykal8. Its focus areas include Environment Tech, Solid Waste Management Tech, Collection and Marketplaces. Its competitors include Trashin, Citizengage and ViaGreen; 2 of its 3 listed competitors have raised funding.
Company details
Provider of digital solutions for sustainable waste management. It offers a marketplace connecting buyers and sellers of recyclables, facilitating efficient and traceable waste disposal. The company provides technology-driven solutions for Extended Producer Responsibility (EPR) compliance, e-waste disposal, and industrial waste tracking. It also develops digital deposit refund systems and digitizes waste management centers, improving efficiency and transparency throughout the recycling process. Solutions are offered to corporations, government agencies, educational institutions, and recyclers.
- Headquarters Hyderabad, India
- Employees 258
- Founders Sujan Parthasaradhi, Vikram Prabakar, Ekta Narain, Abhay Deshpande Raosaheb, Anirudha Jalan, Abhishek Deshpande, Abhay Deshpande
- Stage Minicorn
- SectorsEnvironmentTechnology
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website recykal.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Rapidue Technologies Private Limited
- Date of Incorporation 26 Nov, 2015
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹985 Cr
FY 2025 · +37% YoY
- Net Loss-₹56.72 Cr
FY 2025 · -6% margin
- EBITDA-₹49.74 Cr
FY 2025 · -5% margin
- Total Equity Funding$58.98M (USD)
in 8 rounds
- Latest Funding Round$18.09M (USD), Series D
Feb 2026
- InvestorsMorgan Stanley
& 29 more
- Employee Count258
Associated legal entities of Recykal
Recykal operates through Rapidue 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 |
|---|---|---|---|---|---|---|---|
| Rapidue Technologies Private Limited CIN U38220TG2015PTC101913 | Active | 26 Nov 2015 | Hyderabad, Telangana | ₹985 Cr | 258 | 8 | View details |
Products & Services of Recykal
Recykal offers a comprehensive portfolio of products and services, including EPR Loop, E-Waste Disposal Platform, and Recykal8.
Platform for fulfilling EPR targets with transparency and traceability
Secure platform for compliant E-Waste disposal and IT asset bidding
Tool for buying sustainably sourced recycled materials
Apps and channels of Recykal
its YouTube channel Recykal has 142K subscribers and 30 videos.
Videos from Recykal
The most watched videos on Recykal's YouTube channel, Recykal (142K subscribers). Click a video to play it here.
More on Recykal.
Funding Insights of Recykal
Recykal has successfully raised a total of $58.98M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $18.09 million completed in February 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 $58.98M
- Total Rounds 8
- Last Round Series D — $18.09M
- First Round $555,786
(Jun 2016)
- Investors Count 30
All 8 funding rounds of Recykal 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 |
|---|---|---|---|---|---|
| Feb 2026 | $18.09M | Series D | – | – | |
| Feb 2024 | $13.22M | Series A | $142.34M | – | |
| Sep 2022 | $7.36M | Series A | $109.98M | Morgan Stanley | – |
| Jan 2022 | $13.2M | Series A | $••••• | Morgan Stanley, Circulate Capital | |
| Nov 2020 | $4M | Seed | $••••• | Circulate Capital | – |
| Apr 2019 | $2M | Seed | $••••• | Triton, Bank of Singapore | |
| Apr 2018 | $558,959 | Seed | $••••• | Avia International | |
| Jun 2016 | $555,786 | Seed | $••••• | Idea Entity |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $142.34M | •••••••• |
| Sep 2022 | $109.98M | •••••••• |
| Jan 2022 | $••••• | •••••••• |
| Nov 2020 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Apr 2018 | $••••• | •••••••• |
| Jun 2016 | $••••• | •••••••• |
Full valuation and stage history of Recykal
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $142.34M (Feb 2024). 30 investors in total: 10 institutional and 20 angel.
Investors in Recykal
Recykal has secured backing from 30 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Morgan Stanley, 360 One and Bank of Singapore.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management focused on circular economy and plastic supply chains in high-growth markets. | 2017 | circulatecapital.com | ||
Private equity firm focused on multiple sectors | Mumbai, India | |||
Venture capital investments in B2B tech-enabled businesses at early growth stages. | 2014 | tritonadvisors.in | Mumbai, India | |
Asset and wealth management software is provided for businesses. | 2008 | 360.one | Mumbai, India | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
Financial advisory services for portfolios and investments are offered. | tritonadvisors.com | Huntington Beach, United States | ||
Private banking services are offered by Bank of Singapore. | 2010 | bankofsingapore.com | Singapore, Singapore | |
Fuels are distributed internationally by Avia International. | avia-international.com | Zurich, Switzerland | ||
Offers workflow automation solutions for federal agencies to streamline processes. | 2006 | ideaentity.com | Seattle, United States | |
| biologicale.com |
Investor details for Recykal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Rapidue Technologies Private Limited (Recykal)
Rapidue Technologies Private Limited is the primary company behind Recykal. The board of Rapidue Technologies Private Limited currently have 8 directors; the longest-serving is Abhishek Deshpande Arvind, appointed in 2015. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Deshpande Arvind DIN 07269968 | Whole-time director | 26 Nov 2015 | 10 yrs 11 mo | Rapidue Technologies Private Limited |
| Abhay Deshpande Raosaheb DIN 00427314 | Whole-time director | 01 Apr 2017 | 9 yrs 7 mo | Rapidue Technologies Private Limited |
| Anirudha Jalan DIN 02610396 | Whole-time director | 09 Nov 2020 | 5 yrs 11 mo | Rapidue Technologies Private Limited |
| Robert Ira Kaplan DIN 08711799 | Nominee Director | 24 Nov 2020 | 5 yrs 11 mo | Rapidue Technologies Private Limited |
| Raja Parthasarathy DIN 02182373 | Nominee Director | 11 Jan 2022 | 4 yrs 9 mo | Rapidue Technologies Private Limited |
| Ishant Baranwal DIN 07025151 | Company Secretary | 01 Aug 2022 | 4 yrs 3 mo | Rapidue Technologies Private Limited |
| Bhasmang Vidyutrai Mankodi DIN 08454622 | Nominee Director | 24 Nov 2022 | 3 yrs 11 mo | Rapidue Technologies Private Limited |
| Rajiv Malik DIN 00120557 | Nominee Director | 27 Mar 2025 | 1 yr 7 mo | Rapidue Technologies Private Limited |
People of Recykal
25 people are tracked at Recykal (12 in leadership, 13 in team); the tracked headcount is 258.
| Name | Role | Group |
|---|---|---|
Chetan Baregar | Director Marketing | Leadership |
Sujan Parthasaradhi | Co-Founder & Chief Innovation Officer | Leadership |
Vikram Prabakar | Co-Founder & CPO | Leadership |
Ekta Narain | Co-Founder & CBO | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
G Ramesh | General Manager Business Development | Leadership |
Pritesh Makwana | Operations And BD Head | Leadership |
Priyesh Mehrotra | Vice President Business Strategy | Leadership |
Swati Purohit | Director People And Culture | Leadership |
Ananya Mehta | Business Development Manager | Team |
Kavita Parmar | Business Development Manager | Team |
Ramakrishnan V. | GM - Strategic Partnerships | Team |
Rajesh BS | Business Expansion and Development Lead | Team |
Vicky Biswal | Business Development Manager | Team |
Vamshi Krishna Nettetla | Central Operations Manager | Team |
Anjali Gupta | Senior Manager Learning Development | Team |
Sarika Koilada | Senior Manager - Employee Relations | Team |
5 more people are available in the full profile.
Complete people profiles for Recykal
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Financials of Recykal
Figures of Rapidue Technologies Private Limited, the primary company behind Recykal, for FY 2025. Revenue was ₹985 Cr (+37% year on year). Net loss was -₹56.72 Cr (-6% margin). EBITDA was -₹49.74 Cr (-5% margin). Revenue has grown at a compounded annual rate of +73% over three years and +115% over five years.
- ₹985 CrRevenue · FY 2025 · +37% YoY
- -₹56.72 CrNet loss · -6% margin
- -₹49.74 CrEBITDA · -5% margin
- ₹13.00 CrPaid-up capital
- 258Employees (provident fund records)
- +73%Revenue CAGR, 3 years
- +115%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rapidue Technologies Private Limited are on its company page.
Detailed financial statements for Recykal
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Recykal
4 dated milestones of Recykal across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Recykal is founded.
- Funding First funding round of $556K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series D, of $18.1M.
Competitors of Recykal
Recykal has 3 listed competitors in our database, 2 of them funded. They include Trashin, Citizengage and ViaGreen.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trashin.com | 2016 | Bengaluru, India | $339,208 | 1 | Recyclables are traded through an app-based online marketplace. | |
| citizengage.co | 2015 | Bengaluru, India | $313,822 | IoT-based platform for tracking and managing waste activities is offered. | ||
| viagreen.co.in | 2016 | Andheri, India | 47 | Provides an online platform for waste removal services. |
Detailed competitors of Recykal
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Web traffic of Recykal
The website of Recykal (recykal.com) receives about 23.2K visits a month and ranks #1,325,640 among all websites worldwide, #10,807 in Business Services.
- Monthly visits23.2K
▲ 11.4% vs previous month
- Unique visitors9.8K
per month
- Global rank#1,325,640
among all websites
- Category rank#10,807
Business and Consumer Services · Business Services
- Bounce rate35%
- Pages per visit1.7
- Average visit39 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with Recykal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| resourcify.com | 100% | 9.9K | #2,351,733 | View details | |
| eridirect.com | 97% | 73.9K | #530,937 | View details | |
| iuk-business-connect.org.uk | 97% | #261,952 | View details | ||
| routeware.com | 97% | 62.6K | #521,559 | View details | |
| scrapo.com | 73% | 6.1K | #2,414,909 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Recykal
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- 10 similar websites
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Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Recykal (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 Recykal
Complete news archive for Recykal
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Frequently Asked Questions about Recykal
Recykal was founded in 2016.
Recykal is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Abhay Deshpande is the CEO of Recykal, as recorded in our data. They have also founded this company.
Recykal is a funded company, having raised a total of $58.98M across 8 funding rounds to date. The company's 1st funding round was a Seed of $555.79K, raised on Jun 2016.
Recykal has 258 employees.
The primary company behind Recykal, Rapidue Technologies Private Limited, reported revenue of ₹985 Cr for FY 2025, up 37% year on year.
Provider of digital solutions for sustainable waste management. It offers a marketplace connecting buyers and sellers of recyclables, facilitating efficient and traceable waste disposal. The company provides technology-driven solutions for Extended Producer Responsibility (EPR) compliance, e-waste disposal, and industrial waste tracking. It also develops digital deposit refund systems and digitizes waste management centers, improving efficiency and transparency throughout the recycling process. Solutions are offered to corporations, government agencies, educational institutions, and recyclers.
Recykal's top competitors include Trashin, Citizengage and ViaGreen.
Recykal offers EPR Loop, E-Waste Disposal Platform, and Recykal8.
Recykal has 30 investors. Key investors include Morgan Stanley, 360 One, Bank of Singapore, Triton Investment Advisors, and Circulate Capital.
The valuation of Recykal is $142.34M as of Feb 2024.
Recykal operates through Rapidue Technologies Private Limited.