ReCircle in a fundraising with Flipkart, 3i Partners and Acumen Fund

ReCircle has experienced a leap in waste recovery rates, marking a 290% increase in 2022-23 as compared to the last financial year. The company plans to double this recovery amount considering India’s annual plastic waste production of 3.4 million tonnes, of which only 30% is presently recycled. To this aim, ReCircle, recently closed its pre-series, a fundraise led by Flipkart Ventures, 3i Partners, Acumen Fund and a pool of HNI investors.

by Abhay Avadhani