Recykal Bags $23 Mn To Take Its Waste Management Solutions Global

by · Inc42

SUMMARY

  • The startup told Inc42 that $17.6 Mn (over ₹166 Cr) was raised via primary transactions, while the remaining $5.4 Mn (nearly 51 Cr) comprised secondary deals
  • Recykal plans to utilise the fresh funds to strengthen its tech stack, support global expansion, support strategic investments and accelerate the deployment of its DRS solutions
  • Founded in 2016, Recykal’s B2B marketplace connects buyers and sellers of recyclable materials, while its SaaS solutions enable brands to track and trace plastic and e-waste recycling