ReCircle has raised a pre Series-A round from Flipkart Ventures, 3i Partners and Acumen Fund with an aim to boost its innovation initiatives and growth. The clean-tech innovator said it has recorded a rise of 290% in the waste recovery rates in the financial year 2022-23 compared to the last financial year. India’s annual plastic waste production stands at 3.4 million tonnes, of which a only 30% is currently recycled.