About Srichakra Polyplast
Srichakra Polyplast is an Environment company based in Hyderabad (India) founded in 2010 by Srinivas Chakravarthy, Chandra Sekhar Reddy, Ravindra Venkata Paruchuri, and Rajasekhar Yarlagadda. End-to-end plastic recycling and waste management solutions are provided. Srichakra Polyplast has raised $12.08 million across 6 funding rounds from investors including Circulate Capital, Prudhvi Chandra Simhadri and VJ Metcraft. The company has 152 employees. Srichakra Polyplast was last valued at $74.78 million in November 2024. Its chief executive, as recorded, is Ravindra Venkata Paruchuri. Its Indian entity Srichakra Polyplast (India) Private Limited reported revenue of ₹227 Cr. Srichakra Polyplast offers products and services including Recycling Equipment and EPR Services. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Tech Enabled Recyclers. Its competitors include Dalmia Polypro Industries, Banyan Nation and Karo Sambhav; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2010 in Hyderabad, India, operations in the plastic recycling sector are conducted. End-to-end recycling and waste management solutions are offered, including the development of plastic bottles from waste plastic bottles. rPET flakes, rPET SSP granules, and polyolefin odorless granules are manufactured from waste plastic. Services focus on sustainable processing and material recovery in the region.
- Headquarters Hyderabad, India
- Employees 152
- Founders Srinivas Chakravarthy, Chandra Sekhar Reddy, Ravindra Venkata Paruchuri, Rajasekhar Yarlagadda
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website srichakra.in
- Social LinkedIn
- Legal Name Srichakra Polyplast (India) Private Limited
- Date of Incorporation 06 Aug, 2010
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹227 Cr
FY 2025 · +107% YoY
- Net Profit₹2.86 Cr
FY 2025 · 1% margin
- EBITDA₹21.45 Cr
FY 2025 · 9% margin
- Total Equity Funding$12.08M (USD)
in 6 rounds
- InvestorsCirculate Capital
& 57 more
- Employee Count152
Associated legal entities of Srichakra Polyplast
Srichakra Polyplast operates through Srichakra Polyplast (India) 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 |
|---|---|---|---|---|---|---|---|
| Srichakra Polyplast (India) Private Limited CIN U37200TG2010PTC069875 | Active | 06 Aug 2010 | Hyderabad, Telangana | ₹227 Cr | 152 | 6 | View details |
Products & Services of Srichakra Polyplast
Srichakra Polyplast offers a comprehensive portfolio of products and services, including Recycling Equipment and EPR Services.
Machinery for processing and recycling plastic waste efficiently.
Assists in extended producer responsibility for waste compliance.
Funding Insights of Srichakra Polyplast
Srichakra Polyplast has successfully raised a total of $12.08M across 6 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 $12.08M
- Total Rounds 6
- First Round $1.64M
(Apr 2019)
- Investors Count 58
All 6 funding rounds of Srichakra Polyplast 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 2025 | Series A | – | – | ||
| Nov 2024 | $2.74M | Series A | $74.78M | Prudhvi Chandra Simhadri | |
| Sep 2022 | $2.55M | Series A | $21.39M | Circulate Capital | – |
| Jul 2020 | $4.75M | Series A | $••••• | Ocean Fund India Holding | |
| May 2020 | $398,442 | Angel Round | $••••• | Nadella Kiran, Nagrale Praveen Satyawan | |
| Apr 2019 | $1.64M | Seed | $••••• | Sujana Sudini, VJ Metcraft |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2024 | $74.78M | •••••••• |
| Sep 2022 | $21.39M | •••••••• |
| Jul 2020 | $••••• | •••••••• |
| May 2020 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
Full valuation and stage history of Srichakra Polyplast
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $74.78M (Nov 2024). 58 investors in total: 6 institutional and 52 angel.
Investors in Srichakra Polyplast
Srichakra Polyplast has secured backing from 58 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Circulate Capital, Prudhvi Chandra Simhadri and VJ Metcraft.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management focused on circular economy and plastic supply chains in high-growth markets. | 2017 | circulatecapital.com | ||
Infrastructure investments are directed toward multiple sectors by this fund. | Singapore, Singapore | |||
Supply of insulation and cladding products for petrochemical, oil and gas, and power plant sectors. | vjmetcraft.com | |||
IT service suite solutions are delivered to various clients. | idsindia.co.in | Thiruvananthapuram, India | ||
PC Prudhvi Chandra Simhadri | unknown_1a6ebf5c744f4715a | |||
NA Nagendra Ammineni | unknown_4bfa13e343a24ee5b | |||
DD Dhathri Devi Gudibandi | unknown_2e6db908e658454a9 | |||
BN Butchi Naidu Gorantla | unknown_640ff11bb0a14a0c8 |
Investor details for Srichakra Polyplast
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Board of directors of Srichakra Polyplast (India) Private Limited (Srichakra Polyplast)
Srichakra Polyplast (India) Private Limited is the primary company behind Srichakra Polyplast. The board of Srichakra Polyplast (India) Private Limited currently have 5 directors; the longest-serving is Rajasekhar Yarlagadda, appointed in 2010. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajasekhar Yarlagadda DIN 01565352 | Director | 06 Aug 2010 | 16 yrs 3 mo | Srichakra Polyplast (India) Private Limited |
| Gadi Chandra Sekhar Reddy DIN 00886275 | Director | 06 Aug 2010 | 16 yrs 3 mo | Srichakra Polyplast (India) Private Limited |
| Ravindra Venkata Paruchuri DIN 03145223 | Managing Director | 17 Dec 2010 | 15 yrs 10 mo | Srichakra Polyplast (India) Private Limited |
| Srinivas Chakravarthy Mikkilineni DIN 03177719 | Director | 17 Dec 2010 | 15 yrs 10 mo | Srichakra Polyplast (India) Private Limited |
| Robert Ira Kaplan DIN 08711799 | Director | 30 Sep 2020 | 6 yrs 1 mo | Srichakra Polyplast (India) Private Limited |
People of Srichakra Polyplast
9 people are tracked at Srichakra Polyplast (7 in leadership, 2 in team); the tracked headcount is 152.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Director | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Vijaysankar Gopu | Head - Application Development | Leadership |
Krishna A | Chief Of IT | Leadership |
Ritesh Nagrale | Head Of Manufacturing And Operations, Projects | Leadership |
K Ganapathy | Project Manager | Team |
Yeswanth Kondreddi | Assistant Manager | Team |
Complete people profiles for Srichakra Polyplast
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Financials of Srichakra Polyplast
Figures of Srichakra Polyplast (India) Private Limited, the primary company behind Srichakra Polyplast, for FY 2025. Revenue was ₹227 Cr (+107% year on year). Net profit was ₹2.86 Cr (1% margin). EBITDA was ₹21.45 Cr (9% margin). Revenue has grown at a compounded annual rate of +105% over three years and +80% over five years.
- ₹227 CrRevenue · FY 2025 · +107% YoY
- ₹2.86 CrNet profit · 1% margin
- ₹21.45 CrEBITDA · 9% margin
- ₹19.64 CrPaid-up capital
- 152Employees (provident fund records)
- +105%Revenue CAGR, 3 years
- +80%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Srichakra Polyplast (India) Private Limited are on its company page.
Detailed financial statements for Srichakra Polyplast
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Srichakra Polyplast
4 dated milestones of Srichakra Polyplast across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Srichakra Polyplast is founded.
- Funding First funding round of $1.6M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A,.
Competitors of Srichakra Polyplast
Srichakra Polyplast has 3 listed competitors in our database, 2 of them funded. They include Dalmia Polypro Industries, Banyan Nation and Karo Sambhav.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dalmiapolypro.in | 2006 | Mumbai, India | $10.78M | 133 | Provider of recycled plastic flakes and granules from post-consumer waste. It sources waste from various points in the supply chain, including waste pickers and municipalities. The company processes this waste to produce high-quality recycled PET and polyolefin products for use in various industries, including fashion, consumer packaging, and material handling. It also assists companies in meeting their extended producer responsibility (EPR) obligations. The process aims to maximize the value of collected plastic waste and promote a circular economy. | |
| banyannation.com | 2013 | Hyderabad, India | $800,000 | 205 | Post-consumer and industrial plastics are recycled into comparable granules. | |
| karosambhav.com | 2017 | Gurugram, India | 45 | Provides recycling solutions for e-waste, plastic, and batteries in India. |
Detailed competitors of Srichakra Polyplast
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Srichakra Polyplast
The website of Srichakra Polyplast (srichakra.in) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 40.5% vs previous month
Websites whose visitors overlap most with Srichakra Polyplast. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| circulatecapital.com | 100% | #2,700,353 | View details |
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Srichakra Polyplast (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 Srichakra Polyplast
Complete news archive for Srichakra Polyplast
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Frequently Asked Questions about Srichakra Polyplast
Srichakra Polyplast was founded in 2010 and raised its 1st funding round 9 years after it was founded.
Srichakra Polyplast is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Ravindra Venkata Paruchuri is the CEO of Srichakra Polyplast, as recorded in our data. They have also founded this company.
Srichakra Polyplast is a funded company, having raised a total of $12.08M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.64M, raised on Apr 2019.
Srichakra Polyplast has 152 employees.
The primary company behind Srichakra Polyplast, Srichakra Polyplast (India) Private Limited, reported revenue of ₹227 Cr for FY 2025, up 107% year on year.
Founded in 2010 in Hyderabad, India, operations in the plastic recycling sector are conducted. End-to-end recycling and waste management solutions are offered, including the development of plastic bottles from waste plastic bottles. rPET flakes, rPET SSP granules, and polyolefin odorless granules are manufactured from waste plastic. Services focus on sustainable processing and material recovery in the region.
Srichakra Polyplast's top competitors include Banyan Nation, Karo Sambhav and Dalmia Polypro Industries.
Srichakra Polyplast offers Recycling Equipment and EPR Services.
Srichakra Polyplast has 58 investors. Key investors include Circulate Capital, Prudhvi Chandra Simhadri, VJ Metcraft, Laanso Equity Investment, and Nagendra Ammineni.
The valuation of Srichakra Polyplast is $74.78M as of Nov 2024.
Srichakra Polyplast operates through Srichakra Polyplast (India) Private Limited.