Greenwave Circularity
Greenwave Circularity is an Indian PET recycling company set up in 2024 as a joint venture between Coca-Cola franchise bottler Moon Beverage Limited, Jainarain Fabtech Ltd and founder-CEO Devang Kumar. It is building what its lender describes as India's first fully integrated, closed-loop greenfield PET recycling facility in Odisha, with 42,000 tonnes a year of rPET capacity producing food-grade resin,…
Greenwave Circularity: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 11 Sep 2026 | Debt (credit line) | $31.5 Mn credit line | OeEB (Development Bank of Austria) | source |
News on Greenwave Circularity
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Who founded Greenwave Circularity?
Greenwave Circularity was founded by Devang Kumar in 2024.
How much funding has Greenwave Circularity raised?
Greenwave Circularity has raised $31.5 Mn across 1 tracked funding round(s), most recently on 2026-09-11. Figures are compiled from cited public sources.
Who are the investors in Greenwave Circularity?
Investors in Greenwave Circularity include OeEB (Development Bank of Austria).
What does Greenwave Circularity do?
Greenwave Circularity is an Indian PET recycling company set up in 2024 as a joint venture between Coca-Cola franchise bottler Moon Beverage Limited, Jainarain Fabtech Ltd and founder-CEO Devang Kumar. It is building what its lender describes as India's first fully integrated, closed-loop greenfield PET…