ScrapUncle has raised Rs 22 crore in a pre-Series A round led by Orios Venture Partners and Acumen. The funding will support expansion across Delhi NCR and help scale operations, with investments earmarked for fulfilment infrastructure and technology. The company plans to build a pan-India e-commerce platform for waste management.
Hyderabad startup Recykal is taking on India’s USD 100 billion, largely informal, cash-driven waste management market with a B2B digital marketplace. By enabling the sale and purchase of recyclables, it helps companies like Coca-Cola, Marico and Nykaa move toward plastic neutrality. Backed by investors including Morgan Stanley and Circulate Capital, Recykal is trying to make waste trading traceable and efficient.
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