Recykal, Asia's 1st Circular Economy Marketplace, has been selected as one of the World Economic Forum's "Technology Pioneers 2022". The World Economic Forum's Technology Pioneers are early to growth-stage companies worldwide that are involved in innovating solutions to the most pressing issues of the world. Technology Pioneers are the world's top innovators, building our digital fabric and shaping tomorrow's global trends.
With this recognition, Abhay Deshpande, Founder of Recykal, will be invited to participate in World Economic Forum activities, events, and discussions throughout the year. Recykal will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.
"We are honored to be acknowledged as a technology pioneer by the World Economic Forum," said Abhay Deshpande. "Digitizing the waste management sector paves the path for an inclusive, ethical, circular ecosystem and organized employment for waste workers within the informal economy. Recykal is revolutionizing the way waste is perceived globally and envisions a world pursuing and promoting ethical circularity."
While Recykal currently caters to the Indian market, the future goals are to tap into the $100 billion potential that the waste management industry holds. As an integral part of the Technology Pioneers Community, Recykal plans to engage with the public- and private-sector leaders and contribute new solutions to overcome the current crisis and build future resiliency.
Technology Pioneers have been selected based on the community's selection criteria, which include innovation, impact, leadership, and the company's relevance with the World Economic Forum's Platforms.
All info on this year's Technology Pioneers can be found https://widgets.weforum.org/techpioneers-2022/index.html
Recykal is committed to solving one of Asia's most pressing waste management challenges, unlocking a $300Bn opportunity in India alone. It connects waste generators, waste aggregators, and waste recyclers to solve some of the biggest challenges faced by the industry, including demand-supply mismatch and lack of transparency. By deploying a range of digital platforms to deliver sustainability outcomes significantly, Recykal is establishing Asia's first circular economy marketplace. The company, founded in 2015, is headquartered in Hyderabad, India. For more information, visit https://www.recykal.com/.
About World Economic Forum
The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, and other society leaders to shape global, regional, and industry agendas. (www.weforum.org).
About the Technology Pioneers
The World Economic Forum believes that innovation is critical to the future well-being of society and to driving economic growth. Launched in 2000, the Technology Pioneer community comprises early to growth-stage companies worldwide involved in the design, development, and deployment of new technologies and innovations and are poised to have a significant impact on business and society.
The World Economic Forum provides the Technology Pioneers community with a platform to engage with the public- and private-sector leaders and contribute new solutions to overcome the current crisis and build future resiliency.