Recykal EPR Fulfilment & Circular Economy Platform

Recykal is a Hyderabad-based circular economy technology company founded in 2016. It digitises how packaging, e-waste and other regulated waste streams are collected, traded and reported, so that brands can meet extended producer responsibility (EPR) obligations with verified recyclers instead of paper certificates.

Its EPR platform is a single-window system that onboards CPCB-registered recyclers after a four-step verification, plans and monitors EPR targets across states, and produces an audit-ready digital trail of fulfilment. It covers plastic, e-waste, batteries, tyres, used oil and end-of-life vehicles. Alongside it, Recykal runs a B2B marketplace for traceable recycled materials, a digital deposit refund system that tracks containers with unique QR codes, and a sustainability suite. Customers are brand owners, producers and importers.

• Vendor discovery and verification: onboarding of CPCB-registered recyclers through a four-step verification process.
• EPR planning and monitoring: online tracking of EPR targets, deadlines and fulfilment status in real time.
• Multi-state dashboard: targets and recovery from different states managed in one central view.
• Audit-ready documentation: digital trail of vendor due diligence and proof of fulfilment.
• Multi-category coverage: plastic, e-waste, battery, tyre, used oil and end-of-life vehicle EPR.
• Marketplace and deposit refund: B2B trading of traceable recycled materials and QR-based digital deposit return systems.

FMCG and beverage companies in Vietnam can plan and evidence packaging EPR obligations with verified recyclers. Electronics and battery importers can track e-waste and battery take-back. Retail chains and municipalities can pilot QR-based deposit return schemes for bottles and cans.

Brands get one dashboard to plan and track EPR targets across many states instead of managing scattered vendors. Only CPCB-registered recyclers that pass a four-step check are used, which reduces the risk of fake certificates. Digital workflows replace paperwork and produce audit-ready proof of fulfilment. The platform is used by more than 650 brands and has channelled over 3 million tonnes of waste, according to the site.

EPR schemes for packaging and e-waste are spreading across Asia, and Vietnam has required producers and importers of packaging, batteries, tyres and lubricants to recycle or pay a recycling contribution since 2024. Companies need verifiable data on who recycled what, and digital platforms are replacing manual certificate trading.

Founded in 2016 and headquartered in Hyderabad, India. The company reports $50 million raised and more than 600 employees; investors include Ajay Parekh, 360 ONE and Claypond Capital. In June 2026 it raised a $23 million bridge round, which also gave Circulate Capital an exit. Its deposit refund system runs under the Retearn brand.