Company Intelligence Profile
Swachh Sustainable Solutions Private Limited
Trades as "ReCircle" — a Mumbai-headquartered circular-economy/waste-management company.
Last updated 11 August 2026
Swachh Sustainable Solutions Private Limited, trading as "ReCircle," is a Mumbai-based company specializing in circular economy and waste management. It operates an extensive pan-India recovery network of over 3,600 workers and generated approximately Rs 35.06 crore in revenue in FY2025, marking a 34% increase year-on-year. The company offers services including plastic and textile waste management, EPR compliance, and supplies recycled raw materials.
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Company Identity
| Registered name | Swachh Sustainable Solutions Private Limited |
|---|---|
| CIN | U74900MH2016PTC273536 |
| PAN | AAWCS8158C |
| Status |
|
| Listing |
|
| Incorporated | 25 February 2016 |
| ROC | RoC Mumbai, Maharashtra |
| Sector (NIC) | Environment / Waste Management — waste collection, treatment & disposal activities, materials recovery; water supply, sewerage & waste management support services |
| Registered address | Third Floor, APML Tower, Plot No. 53 & 53/1, Vishweshwar Nagar Road, Opposite Pravasi Industrial Estate, Goregaon East, Mumbai, Maharashtra 400063 |
| Authorized capital | Rs 11.00 lakh |
| Paid-up capital | Rs 1.29 lakh |
Business Overview
- Trades as "ReCircle" — a Mumbai-headquartered circular-economy/waste-management company
- Started in 2015-16 as RaddiConnect, a B2C dry-waste collection app; pivoted to a B2B model in 2019 and launched an Extended Producer Responsibility (EPR) compliance vertical; rebranded to ReCircle in 2021
- Today it runs plastic and textile waste management, end-to-end EPR compliance services for brands, CSR/ESG projects, and supplies recycled raw material (food-grade rPET flakes) for circular packaging
- It operates its own proprietary traceability platform "ClimaOne", and two rPET recycling plants (Bhiwani and Hisar, 2025-26)
- Claims a pan-India recovery network of 3,608 "Safai Saathis" (informal waste workers formalised into its supply chain) recovering ~14,970 kg of waste/hour
- Reports ~48 employees
- Clients cited on its own site include Mondelez, PepsiCo, Samsung, Tata Starbucks, Bisleri, Asian Paints, HUL, Dabur, Colgate, Bosch, Castrol and others (self-reported, recircle.in)
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Rahul Naresh Nainani | 07349581 | Director & Co-founder & CEO | 25 Feb 2016 |
| Gurashish Singh Gurpreet Singh Sahni | 07349554 | Director & Co-founder & COO | 25 Feb 2016 |
Financials
- FY2025 (year ended 31 Mar 2025), standalone: Revenue ~Rs 35.06 crore, up ~34% YoY. EBITDA and PAT: not disclosed (paywalled on both sources) — not obtained
- Net worth: increased ~51.6% YoY — partial (no absolute figure)
- Total borrowings: sharp increase — partial
- Auditor: Sameer Jawahrani & Co.. No group/consolidated reporting found; appears to file standalone only
Funding
- Amounts undisclosed in all sources checked
- Round history, confirmed via the company's own website ("Our Journey" timeline on recircle.in) and corroborated by a Google-indexed snippet referencing a "Pre-Series A" round: 2023 — first institutional/Pre-Series A round from Flipkart Ventures, Acumen and 3i Partners
- 2024-25 — a bridge round from Mumbai Angels and Venture Catalysts (VCat), also referenced in a company LinkedIn post ("ReCircle raises bridge funding from Venture Catalysts++")
- No priced round names or amounts could be confirmed beyond these — treat round labels as sourced from Tracxn/company self-reporting per instructions, not as independently verified deal terms
Charges/Loans
- One open charge found: HDFC Bank Limited, Rs 5.00 crore, originally registered 26 May 2022, modified 20 June 2025; satisfied charges = Rs 0
- No other lenders/charges found
Legal
- One matter found on Indian Kanoon: National Green Tribunal proceedings (dated 7 July 2026, titled around "Package Where Has The..." / "6 Lakh Fake Pollution..." vs Central Pollution Control Board & Ors) reference EPR/plastic-waste co-processing done "by M/s Swachh Sustainable Solution Pvt. Ltd. on behalf of Dabur India Limited" via a cement kiln during 01-29 Feb 2024
- The company appears to be named as an EPR service-provider in a broader PIL-type matter about alleged fake EPR/pollution certificates — not evidently a named respondent/defendant itself
- No other litigation found; treat this as a partial/contextual finding, not a confirmed adverse legal outcome for the company
Competitors
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