ReCircle

📍 Mumbai, India🗓 Founded 2015👥 52 employees💰 Last funded Jul 2024
Is our trash someone else’s problem? This is exactly the mindset clean-tech innovators, Rahul Nainani & Gurashish Singh Sahni set out to change when they launched ReCircle in 2016. Since inception, we have grown tremendously, both in scope and scale, having diverted over 169,000 MT (equivalent to the weight of 28,166 elephants) of waste across 270 cities & towns in India with the help of 45+ processing partners who have a pan-India network of 400 collection partners all while impacting the lives and livelihoods of over 3,100 Safai Saathis (waste workers). We empower consumers and brands to divert waste away from landfills and oceans, back into the economy to be recycled, reused or repurposed. With consumers; We organise monthly dry waste collection drives in Mumbai. The collected waste is sent to our advanced material recovery facility in Dahisar. For businesses; At the heart of our traceable & ethical reverse supply chain, lies ClimaOne which offers end to end traceability for plastic credits, reporting for compliance, live data tracking, etc. to brand owners who want to go plastic neutral & use recycled plastic in their supply chain. Progressive brands such as HUL, Hindustan Coca-Cola Beverages, etc. choose us for their Extended Producer Responsibility needs, launching plastic neutral initiatives, establishing zero waste workspaces, orchestrating zero waste events & driving impactful sustainability projects. Having established circularity for plastic waste, we plan to work with new waste streams such as textiles, paper & glass. We’re innovating to digitise the waste supply chain, create meaningful opportunities for informal waste workers, build a closed-loop system to extend the life cycle of ‘waste’ & empower India to move towards a circular future — one piece of trash at a time. Backed by: Flipkart Ventures, 3i Partners, Acumen Fund Inc. Supported by: UNDP, Alliance to End Plastic Waste (AEPW), GSMA, UK AID, Acumen Academy and DBS Foundation,
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Total investors
0
Early stage
0
Mid stage
2
Late stage
2015
Founded
Investor geography1 country
India
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Frequently asked questions
Who invested in ReCircle?
ReCircle has 2 investors on record on gritt.io and 2 late-stage investors.
When did ReCircle last raise funding?
The most recent investment in ReCircle recorded on gritt.io was in July 2024.
When was ReCircle founded?
ReCircle was founded in 2015.
What industry is ReCircle in?
ReCircle operates in Environmental Services. Find similar Environmental Services investors on gritt.io.
Where is ReCircle based?
ReCircle is headquartered in Mumbai, India.