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Posted on: June 3, 2019, 10:31 a.m.
Recykal, which provides cloud-based solutions for the waste management and recycling industry, has raised $2 million (Rs 14 crore) in a pre-Series A round of funding. Rapidue Technologies Pvt. Ltd, which operates Recykal, said in a statement that it raised the sum from Mumbai-based Triton Investment Advisors, the family office of Pidilite Industries director Ajay Parekh. Recykal co-founder Abhishek Deshpande said that the fresh capital will be used to strengthen the firm’s technology offerings, and expand its team and geographical ... Full investment news articleRelevent to this post: EY Morgan Stanley,