2024 Revenue
$12.6M
Customers
500
Funding
$2M
YOY
26.5%
Avg ACV
$25.2K
Team
388
Founded
2015
How Recykal CEO Abhay Deshpande grew Recykal to $12.6M revenue and 500 customers in 2024.
Recykal is a privately held company based in Hyderabad, India, and is not owned by any other company. Recykal is a waste management technology company that provides end-to-end solutions for the recycling and waste management industry. Their platform connects various stakeholders in the waste management ecosystem, including waste generators, waste collectors, recyclers, and manufacturers. This enables efficient and transparent management of waste and recycling activities, including waste collection, sorting, transportation, and processing. Recykal was founded in 2016 and has since become one of the leading waste management technology companies in India, serving clients across various industries, including e-commerce, hospitality, and manufacturing.
Last updated
Recykal Revenue
In 2024, Recykal's revenue reached $12.6M. The company previously reported $9.9M in 2023. Since its launch in 2015, Recykal has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Recykal Hit $12.6m revenue in October 2024 |
| 2023 | Recykal Hit $9.9m revenue in December 2023 |
| 2021 | Recykal Hit $4.2m revenue in April 2021 |
| 2015 | Launched with $0 revenue |
Recykal Valuation, Funding Rounds
Recykal has not publicly disclosed its valuation. The company has raised $2M in total funding to date.
Recykal has raised $2M in total funding across 1 round, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Funding round | $2M | - | - |
Recykal Employees & Team Size
Recykal employs approximately 388 people as of 2026, up from 239 in 2023.
Recykal has 388 total employees in different roles and functions. They have 500 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 388 employees (December 2024) |
| 2024 | Reached 239 employees (October 2024) |
| 2023 | Reached 239 employees (December 2023) |
| 2023 | Reached 239 employees (July 2023) |
| 2022 | Reached 244 employees (December 2022) |
| 2021 | Reached 121 employees (December 2021) |
| 2021 | Reached 53 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Recykal acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Recykal
What is Recykal's revenue?
Recykal generates $12.6M in revenue.
Who founded Recykal?
Recykal was founded by Abhay Deshpande.
Who is the CEO of Recykal?
The CEO of Recykal is Abhay Deshpande.
How much funding does Recykal have?
Recykal raised $2M.
How many employees does Recykal have?
Recykal has 388 employees.
Where is Recykal headquarters?
Recykal is headquartered in Hyderabad, Telangana, India.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .