What is Let's Recycle?
Operating as NEPRA Resource Management Pvt. Ltd., Let's Recycle is a Gujarat-based enterprise dedicated to transforming the waste management landscape through automated Material Recovery Facilities (MRFs). The company provides comprehensive services, including Extended Producer Responsibility (EPR) compliance and the production of high-quality plastic granules. By integrating the informal waste sector into a formal, transparent, and traceable framework, Let's Recycle aligns its operational model with United Nations Sustainable Development Goals. Their commitment to innovation in recycling technology positions them as a critical partner for corporations seeking to minimize their environmental footprint and achieve zero-waste-to-landfill targets across India.
How much funding has Let's Recycle raised?
Let's Recycle has raised a total of $4.5M across 2 funding rounds:
Series A
$2.5M
Series B
$2M
Series A (2013): $2.5M with participation from Aavishkaar Capital
Series B (2015): $2M led by Aavishkaar Capital
Key Investors in Let's Recycle
Aavishkaar Capital
Aavishkaar Capital specializes in venture capital financing and impact investment, focusing on empowering entrepreneurs to tackle significant challenges. The company embraces risks to create meaningful impacts, having positively affected 140 million lives through its portfolio.
What's next for Let's Recycle?
With the infusion of this major strategic investment, Let's Recycle is well-positioned to scale its automated MRF network across additional urban centers in India. The company is expected to prioritize the enhancement of its traceability software and the expansion of its EPR compliance services to meet the growing demand for corporate sustainability accountability. By focusing on technological integration and operational efficiency, the firm aims to further professionalize the waste management value chain, ultimately driving long-term value for stakeholders while contributing to a circular economy. Future initiatives will likely involve deepening their impact on the informal sector and refining their recycling processes to handle more complex waste streams.
See full Let's Recycle company page