Sachin Tendulkar invests in recycling platform Recykal
The strategic investment supports Recykal’s work to encourage recycling and responsible waste management.
Recykal has brought Sachin Tendulkar on board as a strategic investor. The Hyderabad company has not disclosed the investment amount or valuation.
Tendulkar will support its efforts to encourage recycling and responsible waste management across India. Recykal operates digital platforms, a marketplace for recyclable materials, deposit return systems and hardware such as reverse vending machines.
The company says it works with around 650 brands and more than 5,000 aggregators and recyclers. Founded in 2015, it is expanding its technology and collection infrastructure to support circular supply chains.
Use of funds
Support recycling and responsible waste management