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Economic Times Tech
Economic Times Tech
6/18/2026
Karo Sambhav raises Rs 56 crore from Rainmatter to expand critical mineral recovery from e-waste

Karo Sambhav raises Rs 56 crore from Rainmatter to expand critical mineral recovery from e-waste

Short summary

Karo Sambhav secured Rs 56 crore from Rainmatter to scale critical mineral recovery from e-waste. The funding supports India's manufacturing self-sufficiency by reducing reliance on imported rare materials. The investment reflects growing market demand for circular economy solutions in Asia's largest e-waste sector.

  • Karo Sambhav raises Rs 56 crore for e-waste recycling and critical mineral recovery
  • Aims to expand infrastructure and scale operations in India's circular economy sector
  • Supports India's manufacturing independence and reduces import reliance on rare materials

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