Sachin Tendulkar Backs Waste Management Startup Recykal

Former Indian cricketer Sachin Tendulkar has invested in Hyderabad-based cleantech startup Recykal, expanding his portfolio of tech-driven ventures. The exact amount of the investment was not disclosed, but Tendulkar's contribution bolstered the startup during the extension of its recently concluded $23 million bridge round. Recykal, which specializes in a B2B marketplace for recyclable materials and software solutions to track plastic and e-waste recycling, saw Tendulkar's capital infusion during this extension.

During a recent statement, Tendulkar expressed his enthusiasm for the company's mission to leverage technology and drive behavioral change among 1 billion people. The investment comes after Tendulkar's support for gaming startup Metasports Interactive, and other ventures like used car marketplace Spinny, fintech startup Kissht, and activewear brand Ten X You.

Recykal, founded in 2016 by Abhay Deshpande, Abhishek Deshpande, Ekta Narain, Vikram Prabakar, and Anirudha Jalan, has raised more than $60 million in funding. The startup boasts over 5,000 waste aggregators and recyclers and caters to 650 enterprise brands, including Hindustan Unilever, Samsung, and BMW.