Recykal Bags $23 Mn To Take Its Waste Management Solutions Global (opens in new tab)

Waste management startup Recykal has raised $23 Mn (nearly ₹217 Cr) as part of a bridge funding round, in a mix of primary and secondary deals, from existing backers and a clutch of family offices. The startup told Inc42 that $17.6 Mn (over ₹166 Cr) was raised via primary transactions, while the remaining $5.4 Mn (nearly ₹51 Cr) comprised secondary deals. It plans to utilise the fresh funds to strengthen its tech stack and support international growth initiatives. In a statement, Recykal also...