RecommerceX Secures $3.6 Million in Funding to Revolutionize Recycling and Circular Economy in India

We are excited to announce that RecommerceX Pvt Ltd has successfully raised $3.6 million in funding as part of our ongoing mission to revolutionize the recycling and circularity space in India. Founded by a dynamic team of alumni from IIT, ISB, and MDI, RecommerceX is poised to become the largest technology-enabled company dedicated to recycling critical metals from end-of-life batteries and electronic waste. Our innovative technologies are designed to recover essential materials such as lithium, nickel, cobalt, copper, lead, titanium, gold, and silver, contributing not only to sustainability but also to the creation of a circular economy in the country. This funding will enable us to enhance our technological capabilities, expand our operational footprint, and improve our service offerings to recyclers, ensuring they can source high-quality recyclable materials in a compliant and traceable manner. With over 50 years of collective experience in the B2B startup and manufacturing sectors, our founders have a proven track record of building multimillion-dollar businesses and leading large teams. Based in the Delhi/NCR region, RecommerceX is committed to championing environmental responsibility and driving economic growth through innovative recycling solutions. We are thankful to our investors for their belief in our vision and look forward to making significant strides in the industry as we advance our commitment to a sustainable future.