# Recykal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/recykal-2

- Industry: Software
- Headquarters: Hyderabad, India
- Website: www.recykal.com
- Total disclosed funding: $35M
- Latest round: Series D (Jun 20, 2026)
- Investors on record: 5

## About

Based in Telangana, India, founded in 2017, Rapidue Technologies Pvt. Ltd., doing business as Recykal, operates as a provider of tech-enabled waste management solutions to brands, recyclers, and government agencies to improve recycling processes. The company was co-founded by Abhay Deshpande (CEO as of 2026), Abhishek Deshpande, Anirudha Jalan, Sujan Parthasaradhi, Ekta Narain, and Vikram Prabakar. In June 2026, Recykal raised INR 384 million in series D funding from Biological E Ltd., 360 ONE, Trinity Combine and Strat Venture LLC. The round was a part of larger INR 1.66 billion Series D funding.

Recykal provides a wide range of waste management solutions, such as a digital marketplace for recyclables, EPR (Extended Producer Responsibility) solutions, and a digital deposit refund system (DRS). Their services include e-waste disposal, traceable plastic recovery, and circular economy solutions. Additionally, the firm also provides services such as smart centers for digitizing waste management and PAN India solutions for transparency and traceability in waste channelization.

The company plans to use the June 2026 funding to support platform upgrades, deposit return system deployment, waste management solutions, and international growth.

## Funding rounds

- Series D, Jun 20, 2026, $4.1M — 360 ONE, Biological E Ltd, Trinity Combine, Strat Venture
- Series D, Feb 28, 2026, $14M — 360 ONE, Biological E Ltd, Trinity Combine
- Series C, Jan 11, 2022, $13M — Circulate Capital
- Seed, Dec 10, 2020, $4M — Circulate Capital

## Investors

- Circulate Capital (https://capitalatlas.ai/funds/circulate-capital) — Seed, Series C
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series D
- Biological E Ltd — Series D
- Trinity Combine — Series D
- Strat Venture — Series D