Kolkata: Rungta Greentech Limited, a leading company in India’s recycled polymers and circular materials segment, has raised its second round of investment, with participation from AIF managed by 360 ONE Asset, one of India’s leading homegrown alternative asset managers, along with a select group of co-investors.
The latest investment follows the company’s first investment round led by Ratnabali Group and other co-investors. The first round supported Rungta Greentech’s evolution from a conventional PET recycling business to a more integrated and technology-driven recycling platform, focused on higher-value recycled materials and technology-led processing.
The latest fundraise will support expansion across food-grade recycled PET (rPET), recycled HDPE and PP, and textile-to-textile recycling, while enabling investments in advanced technology, additional processing capacity expansion and the development of new material recycling capabilities.
