Private Equity Angel Investments
Plastic waste recycler ReCircle raises funding from Venture Catalysts, Mumbai Angels, others
Source NDTV (opens in a new tab)
Mumbai-based cleantech startup ReCircle has raised investment in a bridge round co-led by Venture Catalysts, Mumbai Angels, and high-net-worth individuals (HNIs).The funds will be used to diversify, expand and launch its own recycling unit in the coming months.Co-founded in 2016 by Rahul Nainani and Gurashish Singh Sahni, ReCircle aims to achieve a revenue of INR 100 crore in the next financial year.