Recykal invests $100m in Walbha to expand biomass fuel sourcing for industrial clients
The waste-management platform is linking its enterprise network with Walbha’s verified biomass briquette and pellet supply chain, supporting farmer sourcing and a planned move into South India. The partnership could help large brands decarbonise industrial energy use.
Recykal invested in biomass-fuel producer Walbha, linking its enterprise network to verified briquettes and pellets for industrial boilers. The partnership digitises biomass sourcing, supports 21,100+ farmers, and backs Walbha’s planned expansion from North and Central India into southern markets.
Why this matters
The Walbha deal builds on Recykal’s earlier Rs 10 crore investment in Walbha Industries to enter biomass fuel, while its $23m bridge round targeted Deposit Return Systems across India, the UK and Europe.
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