RECYCLER360 Brand Owned by ROMADA INNOVATIONS LLP- DIPP126666 Concept Note India's Integrated Circular Economy Marketplace Prepared: August 2026 Vision: Make every recyclable material discoverable, tradable, transportable and traceable. SECTION 1 Problem Statement India's recyclable-material economy is large and growing, but it remains a coordination problem rather than a supply problem. Waste generators, aggregators, recyclers and buyers operate through disconnected, informal relationships and local networks, with no shared layer for discovery, pricing, execution or compliance. • Disconnected discovery — Buyers struggle to find consistent supply, and sellers struggle to reach the right buyer, resulting in inefficient, relationship-driven matching. • Price opacity — Inconsistent quality standards, fragmented sourcing and wide geographic dispersion make fair, consistent price discovery difficult across the market. • Operational friction — Every material transaction requires pickup, transport, weighing, documentation and settlement — steps that are largely manual and unstandardised today. • Compliance complexity — Extended Producer Responsibility (EPR) obligations and corporate circularity commitments increasingly require traceable, auditable material flows that most participants cannot currently produce. The core gap: the underlying ecosystem is valuable, but the transactions within it are still highly fragmented, undocumented and difficult to scale. SECTION 2 Solution Recycler360 is building a single, integrated marketplace and execution layer that connects the full circular-economy value chain — from waste generators through to recyclers/processors and recycled-material buyers — and wraps the transaction in the services needed to complete it end to end. The platform is organised around one core workflow: Discover → Match → Transact → Move → Process → Report This is supported by five connected capability layers, each of which can be attached to a core material transaction: • EPR — Sourcing, execution and documentation of EPR obligations for corporates and brand owners. • Logistics — Pickup, movement and delivery of material, integrated directly into the transaction flow. • Circular Buy & Sell — Buy-and-sell access to verified recyclable material streams for corporates and institutional buyers. • Solutions to ULBs — Collection, processing and recycling solutions delivered in partnership with urban local bodies (ULBs). • Technology & Equipment — Access to machines, Material Recovery Facilities (MRFs) and recycling technology. Strategically, Recycler360 does not attempt to own the waste stream itself. It owns the transaction, coordination and service layer that sits around it — a scalable digital layer (marketplace, CRM, EPR workflow, price discovery, transaction management) supported by distributed local execution (logistics, MRF/processing, quality checks, documentation). This combination is intended to deliver national coverage without the capital intensity of owning every physical asset. The resulting competitive moat is not the listing page — it is network density (more buyers and sellers improving matching), physical execution (logistics and processing relationships that are hard to bypass), compliance data (EPR and traceability workflows that create recurring enterprise relationships), multi-vertical cross-sell (a single material transaction can generate logistics, EPR, equipment or project revenue), and market intelligence (transaction, quality, geography and price data that continuously improve matching). SECTION 3 Six Pillars of the Revenue Model Recycler360 monetises transactions across six connected revenue engines, allowing a single customer relationship or material flow to generate revenue across multiple pillars simultaneously. Revenue Pillar What It Covers Revenue Basis 1. Material Marketplace Buy/sell of recyclable materials between generators, aggregators, recyclers and buyers Transaction margin / commission (2–5% blended target take-rate) 2. EPR Solutions Sourcing, execution and documentation of Extended Producer Responsibility obligations Service and transaction fees 3. Circular Economy Projects Corporate waste-to-resource projects and circularity programmes Project fees 4. Integrated Logistics Pickup, movement and delivery of material across the network Per-transaction logistics margin 5. ULB Solutions Collection, processing and recycling solutions delivered to urban local bodies Contract / project revenue 6. Technology & Equipment Sale and facilitation of machines, MRFs and recycling technology Commission / trading margin Note: revenue-basis figures (e.g., the 2–5% blended marketplace take-rate) are illustrative planning assumptions used for internal modelling and are not current reported take-rates. SECTION 4 Growth Recycler360's revenue has scaled from roughly ₹1 Cr in FY24 to a targeted ₹30 Cr in FY27 — an approximately 30x increase in reported/projected revenue over the period. Of the FY27 target, ₹11 Cr had already been realised as revenue between April and July 2026, ahead of the base assumed in the growth bridge below. Component Illustrative Value FY 2025–26 base ₹11 Cr Core marketplace (incremental) ₹1 Cr EPR ₹0.5 Cr Logistics ₹1 Cr Equipment / technology ₹1.5 Cr Material sale ₹26 Cr FY 2026–27 Projected Total ₹30 Cr Market opportunity: the initial addressable transaction value opportunity is estimated at approximately ₹40,600 Cr (TAM) across four priority material streams — plastic (₹11.7k Cr), e-waste (₹8.8k Cr), textile (₹14.1k Cr), and recyclable hazardous waste (₹6.0k Cr). Applying an illustrative 25% serviceable share yields a SAM of roughly ₹10,150 Cr. A 3–5 year target of ₹750–1,000 Cr in annual transaction value processed through the platform, at a 3–4% blended monetisation rate, would support the ₹30 Cr+ revenue ambition (SOM). This growth is underpinned by favourable policy tailwinds: India's Ministry of Environment, Forest and Climate Change (MoEFCC) has finalised Circular Economy Action Plans across 10 waste categories and introduced EPR frameworks for plastic packaging (2022), batteries (2022), e-waste (2022), used oil (2023) and end-of-life vehicles (2025), with further EPR expansion expected in 2026. This shift — from informal, fragmented material flows toward traceable, compliance-driven circular supply chains — is a structural tailwind that Recycler360 is positioned to monetise. The go-to-market approach is designed to compound this growth: anchor high-value institutional buyers first to create reliable demand, aggregate recurring supply from corporates, ULBs, aggregators and industrial generators, build transaction density through category and geography clusters, cross-sell EPR, logistics, equipment and circular-economy projects into existing accounts, and then replicate winning clusters across states and waste categories. Priority material segments are plastic, e-waste, paper, metals, textile, and industrial/hazardous recyclable streams. This concept note summarises the core investment thesis, problem statement, solution architecture, revenue model and growth trajectory presented in the Recycler360 Investor Presentation (2026). Market-sizing and revenue-bridge figures are illustrative planning estimates and should be validated against internal GMV, geography and category data ahead of any fundraising process.
Show MoreYear of Establishment2022