Karo Sambhav, a circular economy and recycling company focused on recovering value from end-of-life products, has raised Rs 56 crore in a pre-Series A funding round from Rainmatter, the sustainability and climate-focused investment initiative backed by Zerodha.
The fresh capital will be used to expand Karo Sambhav’s recycling infrastructure and strengthen its ability to recover critical, precious and high-value materials from discarded products, particularly electronic waste or e-waste.
These materials include metals and minerals that are essential for manufacturing electronics, batteries, clean-energy technologies and advanced industrial equipment.
According to the company, its immediate focus will be on e-waste because it contains substantial quantities of recoverable metals and components, while future infrastructure will also support other waste streams.
Founded in 2017, Karo Sambhav operates two recycling facilities.
