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Waste commerce co. Recykal invests Rs.10-Cr in biomass briquettes seller Walbha

Indian Startup Times   Walbha Industries  

Hyderabad-based waste-commerce and clean-technology player Recykal has invested INR 10-Cr in Noida-based Walbha Industries , a manufacturer of biomass briquettes and pellets.Recykal plans to use the investment to connect the biomass production capabilities of Walbha with its existing network of over 620 brands and manufacturers. This partnership is expected to create a demand channel for biomass fuel and allow Walbha to digitize its supply chain operations using the Recykal platform. The investment will also support the expansion of Walbha into South India.Walbha currently operates a production plant in Jhansi and supplies industrial customers across North and Central India.