Greenwave Circularity has secured a US$31.5 million loan from Austria’s Development Bank (OeEB) to develop a PET recycling facility in Odisha with an annual processing capacity of 42,000 tonnes of plastic waste. The financing is backed by a 60% guarantee from the European Union’s European Fund
Rungta Greentech, a manufacturer of recycled and virgin plastic products, has raised fresh growth capital from an alternative investment fund (AIF) managed by Mumbai-based 360 One Asset, along with a group of co-investors. The investment marks the company’s second round of funding and follows an earlier investment led by Ratnabali Group and other co-investors, according














