Recykal Secures $18 Million Investment at $280 Million Valuation Backed by Morgan Stanley
Recykal raised Rs 166 crore in Series D funding, led by Ajay Parekh, to enhance its waste management platform.
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Recykal Faces Challenges as Morgan Stanley-Backed Firm Sees Significant Losses in FY24
Recykal's gross revenue declined 4.4% to Rs 712 crore in FY24 from Rs 745 crore in FY23 amid rising losses.
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