Recykal plans local end-of-life tire processing expansion in Hyderabad
yderabad-based waste-commerce company Recykal is planning to expand its recycling ecosystem by setting up hyperlocal processing units for several waste streams, including paper, batteries and tires. The company, which operates a technology-driven platform connecting waste generators, recyclers and other waste management stakeholders, said the expansion is intended to bring processing closer to the locations where waste is generated. Recykal has raised $22 million, or around ₹162.8 crore, to strengthen its technology platform and broaden its operations. The proposed expansion into tire waste could support more organized collection and recycling of end-of-life tires, while the wider hyperlocal model may improve transparency, reduce transport distances and create a more decentralized circular economy network for recyclable materials.