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Srichakra Polyplast
Srichakra Polyplast (India) Pvt Ltd (Srichakra), is a leading plastic recycling company that produces high quality recycled PET and Polyolefin flakes and granules primarily for packaging
About Srichakra Polyplast
Srichakra Polyplast is a plastic recycling company based in Hyderabad, India, that transforms plastic waste into high-quality materials for reuse in packaging. The company specializes in recycling post-consumer PET and HDPE plastics, contributing to a circular economy by turning them into food-grade quality recycled plastics, which are then used by major brand owners.
Founded in 2010, Srichakra Polyplast has grown to become a significant player in the Indian plastic recycling industry. The company has received investment from Circulate Capital, an environmental impact investment firm, which has enabled it to expand its recycling infrastructure and enhance its operational capabilities. This has resulted in a significant increase in its production capacity of food-grade rPET, reaching an annual output of 42,000 tons with the addition of new recycling lines.
Srichakra Polyplast operates with a focus on sustainability and ESG principles, positioning itself as a pioneer in the rPET and HDPE recycling sector. In addition to its core recycling business, the company also designs and builds its own recycling machinery, leveraging its technical expertise to create solutions for the industry.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2010
- Headquarters
- Patancheruvu, India
- Employees
- 141
- Open positions
- None listed
- Dealroom signal
- 84.4/100
- Industry
- Energy
- Sub-industry
- Waste Solution
- Sector
- Energy, Recycling, Waste Reduction, Sustainable Packaging, Sustainable Development Goals, Climate Tech, Circular Economy, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 1 company, latest Nov 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Dec 2020 | $4.8M | $19M | Circulate Capital | — |
Growth signals
Latest recorded traffic for Srichakra Polyplast is 2.1K monthly website visits, down 73.8% over the last three months. Srichakra Polyplast's team grew 30.6% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Circulate Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Srichakra Polyplast on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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