Banyan Nation
Vertically integrated plastics recycling company that sources post-consumer HDPE and PP plastic waste through a digitized informal-sector (kabadiwala) collection network, cleans and reprocesses it into consumer-contact-safe recycled polyethylene/polypropylene (rPE/rPP) granules, and sells them to FMCG and other brands as a substitute for virgin plastic.
Banyan Nation: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 26 Aug 2025 | Debt | $9 Mn direct loan (part of $29 Mn all-source financing) | U.S. International Development Finance Corporation | source |
| 2 Mar 2016 | Seed | $800K (Rs 5.36 Cr) | Artha Capital | source |
Recent Signals
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18 Jul 2026 · funding
Company's own history page independently corroborates a Series B raised in 2023 to expand capacity to 50,000 TPA by 2025 source -
18 Jul 2026 · funding
Company's own history page states it raised a Series A in 2019 to build its Hyderabad recycling facility — exact date and amount not disclosed by any source found source -
18 Jul 2026 · growth-traction
Banyan Nation wins the Social Enterprise award at the Economic Times Startup Awards 2022 source -
18 Jul 2026 · growth-traction
Banyan Nation becomes first Indian firm to win a Circular Economy award at the World Economic Forum, Davos source -
18 Jul 2026 · financial
Trade press reports Banyan Nation completed a ~$30 Mn funding round in late 2023, taking cumulative funding to ~$45 Mn source
News on Banyan Nation
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Start Free ValidationFAQs on Banyan Nation
Who founded Banyan Nation?
Banyan Nation was founded by Mani Vajipeyajula, Rajkiran Madangopal in 2013.
How much funding has Banyan Nation raised?
Banyan Nation has raised $9.8 Mn across 2 tracked funding round(s), most recently on 2025-08-26. Figures are compiled from cited public sources.
Who are the investors in Banyan Nation?
Investors in Banyan Nation include U.S. International Development Finance Corporation, Artha Capital.
What does Banyan Nation do?
Vertically integrated plastics recycling company that sources post-consumer HDPE and PP plastic waste through a digitized informal-sector (kabadiwala) collection network, cleans and reprocesses it into consumer-contact-safe recycled polyethylene/polypropylene (rPE/rPP) granules, and sells them to FMCG and other brands as a substitute for virgin plastic.
Where is Banyan Nation headquartered?
Banyan Nation is headquartered in Hyderabad, Telangana, India.
What is Banyan Nation's business model?
Banyan Nation's core value proposition centers on Human contact-safe, traceable recycled resin, Only certified human-contact-grade recycled polyolefin in India, Sole supplier of blow-grade recycled HDPE in India.
How does Banyan Nation make money?
Banyan Nation's cited revenue streams include Sale of recycled rHDPE/rLDPE granules to brands.