Circular economy and recycling startup Karo Sambhav has raised Rs 56 crore in a funding round from Rainmatter, the investment and sustainability initiative backed by Zerodha, as it looks to expand infrastructure for recovering critical minerals and valuable materials from electronic waste.
The Gurugram-based company said the capital will be used to scale recycling infrastructure focused on extracting critical, precious and high-value materials from end-of-life products, with an initial focus on e-waste.