Karma Recycling

Karma Recycling is an innovative company focused on providing eco-friendly solutions for electronic waste management and recycling, helping to reduce environmental impact and promote sustainability. Karma Recycling specializes in electronic waste recycling, enabling responsible disposal and recovery of resources. Founded in New Delhi, India, the company raised INR 22 million in its latest funding round on June 18, 2015, from investors including the Centre for Innovation, Incubation and Entrepreneurship, Environmental Resources Management (ERM), Infuse Ventures, and The Low Carbon Enterprise Fund. The company has successfully completed 2 deals to date and has a current valuation of INR 113.

415 million. Karma Recycling operates a platform dedicated to the collection and recycling of electronic waste (e-waste). The company provides services that include the safe disposal of outdated electronic devices, ensuring that hazardous materials are managed properly while recovering valuable materials for reuse. Their services target both individual consumers and businesses, aiming to create a more sustainable approach to technology lifecycle management.

In the most recent fiscal year of 2016, Karma Recycling reported a revenue of INR 341,661. 1 with an EBITDA of -198,840. 1, indicating the company's efforts in establishing its operational efficiency and market presence. Karma Recycling aims to leverage its recent funding of INR 22 million raised in June 2015 to enhance its technological capabilities and expand its service offerings in new geographic markets.

The company is currently exploring opportunities to enter additional regions within India and potentially other South Asian markets by 2025. Upcoming initiatives include the development of innovative electronic waste recycling technologies aimed at increasing recovery rates and operational efficiency.