Cricket icon Sachin Tendulkar has invested in Recykal, a homegrown company working to make waste management smarter and more accessible.
With Tendulkar on board, the company hopes to inspire more people to get serious about recycling and responsible waste habits.
Recykal raised $23 million to scale tech
Fresh off raising $23 million this June, Recykal plans to ramp up its tech platform, expand its Deposit Return System (intended to improve the recovery of packaging waste by combining technology, logistics and consumer participation), and even take its solutions global.
CEO and co-founder Abhay Deshpande says, "Recykal was built on a simple conviction that the circular economy is fundamentally a technology problem. Deposit Return Systems are perhaps the clearest expression of this thesis, bringing together technology, logistics and behavioral change to transform how packaging waste is recovered. To have Sachin join us as a strategic investor is incredibly meaningful. For decades, he has inspired millions of Indians through his discipline, integrity and ability to unite people around a common purpose. Together, we hope to inspire a movement where doing the right thing for the environment becomes an everyday habit."