57,457.80-metric tonnes of waste recovered by ReCircle
The organisation has helped enhance livelihoods and social recognition for over 3,500 safai sathis (informal waste workers) and fostered empowerment and better working conditions. The company also secured funding in its pre-series A round from Flipkart Ventures, 3i Partners, and Acumen Fund.
03 Jan 2025 | By WhatPackaging? Team
ReCircle has partnered with over 60 brands (Image: ReCircle)
ReCircle has released its FY 2023-2024 Impact Report. The report highlights strategic partnerships with over 60 brands, the evolution of ClimaOne, and 200% year-over-year growth in waste recovery, totalling 57,457.80-metric tonnes — 35% of the total waste managed by the organisation to date.
Rahul Nainani, the CEO and co-founder of ReCircle said, “This report highlights our key developments, including the evolution of ClimaOne—our cutting-edge waste management platform, and the positive societal and environmental impact we’re driving.”
He added, “We also emphasise our work in brand engagement, community development, and the significant support from our investors and partners. From the very beginning, our goal has been to build something truly impactful—and we are just getting started.”
Some of the report's highlights are enhancing livelihoods and social recognition for over 3,500 safai sathis (informal waste workers) and fostering empowerment and better working conditions. The company also secured funding in its pre-series A round from Flipkart Ventures, 3i Partners, and Acumen Fund. The company also forged partnerships with organisations such as the Alliance to End Plastic Waste, IIT Kanpur’s Swachhata Startup Challenge, Metro Shoes, and Hindustan Unilever (HUL).
Gurashish Singh Sahni, COO and co-founder of ReCircle, said, “In the months ahead, we are focused on evolving our impact through a series of growth strategies, including achieving end-to-end circularity for plastics, exploring new supply chains, expanding ClimaOne, growing our team and building our textile waste recovery facility in Mumbai.”
Sahni concluded, “We are also committed to furthering our support for safai saathis and collection partners to ensure sustainable growth.”
ReCircle’s initiatives align with the Swachh Bharat Mission and contribute toward achieving sustainable development goals (SDGs) globally. The organisation supported more than 60 brands, including HUL, United Nations Development Programme India, and Hindustan Coca-Cola Beverages, in meeting their sustainability goals. The company conducted waste collection drives and zero-waste events across India, educating and inspiring responsible waste management practices.