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The Hindu·2 min read·medium

Karo Sambhav raises ₹56 crore in pre-series A funding round

Karo Sambhav raises ₹56 crore in pre-series A funding round
AI Summary

Karo Sambhav, a circular economy startup, has raised ₹56 crore in a Pre-Series A funding round led by Rainmatter by Zerodha. The company plans to use the capital to expand its e-waste recycling infrastructure and improve the recovery of precious materials.

Why it matters

This investment highlights the growing importance of sustainable waste management and the circular economy in India's rapidly expanding technology sector.

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Gurugram-based circular economy and recycling startup Karo Sambhav has raised ₹56 crore in a Pre-Series A funding round from Rainmatter by Zerodha to expand its recycling infrastructure and strengthen recovery of critical and precious materials from e-waste and allied waste streams. The fresh capital will be used to build high-quality recycling infrastructure focused initially on e-waste, which contains valuable metals and components.

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