New Delhi: Startup Recyclal on Wednesday said it has raised Rs 110 crore in pre-Series B investment from a Category II scheme managed by 360 One Esay Management.
The Hyderabad-based tech startup, which provides a digitized waste management ecosystem, said the investment has "allowed early-stage investors to achieve multi-bagger exits".
“As we embark on the next phase of our growth journey, this investment will enable us to bring further innovation in our technology, products and solutions. Thus, it will enhance our growth and strengthen our position as a reliable The position will pave the way for strengthening our partners,” Recycla founder and CEO Abha Deshpande said in a statement.
Resical said it has raised a total of US$35 million in funding so far, with existing investors including Morgan Stanley, Circulate Capital, Triton Investmentmen Advisors, Ajay Parekh, Executive Vice President, Pidilite Industries, Aru Venkatachalam and Velliyan Subbiah of Murugappa Group .
The Hyderabad-based tech startup, which provides a digitized waste management ecosystem, said the investment has "allowed early-stage investors to achieve multi-bagger exits".
“As we embark on the next phase of our growth journey, this investment will enable us to bring further innovation in our technology, products and solutions. Thus, it will enhance our growth and strengthen our position as a reliable The position will pave the way for strengthening our partners,” Recycla founder and CEO Abha Deshpande said in a statement.
Resical said it has raised a total of US$35 million in funding so far, with existing investors including Morgan Stanley, Circulate Capital, Triton Investmentmen Advisors, Ajay Parekh, Executive Vice President, Pidilite Industries, Aru Venkatachalam and Velliyan Subbiah of Murugappa Group .
