In a major push to tackle India’s mounting plastic waste crisis, Recove, a tech-driven plastics recycling startup, has raised Rs 5.3 crore from Momentum Capital to transform the country’s recycling supply chain. The startup, founded in 2024 by Viral Chhajer, Nirja Bhatt, and Sharan Subaiah, is aiming to build India’s first tech-enabled B2B marketplace for plastic recyclables, promising…
This Startup Could Change How We Make Everyday Products
A first-of-its-kind biotech startup, BacAlt Biosciences, has just raised Rs 18 crore in funding to disrupt the way the world produces specialty ingredients. Led by Avaana Capital and joined by Lubrizol InnoVentures, the startup is building high-performance, non-microplastic alternatives that could replace conventional chemical ingredients…
India’s startup ecosystem is booming, and Finvolve, a multi-stage venture capital (VC) firm, is diving into the action with big plans for 2025. The fund has announced it will invest a hefty Rs 350 crore into 40-45 startups across various stages of growth. After deploying Rs 100 crore in 2024 to back 27 startups, Finvolve is now setting its sights on fueling even more innovation and growth in the…
Mumbai-based cleantech startup ReCircle has raised an undisclosed amount of investment in a bridge funding round co-led by Mumbai Angels, Venture Catalysts, and several high-net-worth individuals (HNIs). This funding round follows a previous pre-Series A investment from notable investors including Flipkart Ventures, 3i Partners, and Acumen Fund Inc.
Founded in 2016 by Nainani and Gurashish Singh…
