Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Circulate Capital partially exits Lucro, Srichakra Polyplast
Circulate Capital has completed partial exits from Mumbai-based Lucro, a recycler specialising in difficult-to-manage flexible plastic packaging, and Hyderabad-headquartered Srichakra Polyplast, a food-grade plastic recycler.Lucro Plastecycle Pvt Ltd is a sustainable packaging company founded in 2012 that specializes in recycling plastic waste into high-quality granules and products.Srichakra Polyplast is a plastic recycling firm specialising in PET and polyolefin flakes and granules.
Between Mar 2020 and Mar 2025, Lucro Plastecycle had attracted about USD 20 M from Circulate Capital and others.Between Jul 2020 and Feb 2025, Srichakra Polyplast had attracted about USD 13 M from Circulate Capital, Niveshaay and others.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.