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Banyan Nation

Banyan Nation

Private
HyderabadEnergy & Sustainabilityhttps://www.banyannation.com/

Last Round

Series B

Oct 1, 2023

Total Funding Raised

$92.88M

Company Overview

Banyan Nation is a renewables and environment company that provides technology-driven plastic recycling services, transforming post-consumer plastic waste into high-quality recycled granules for brands to use in new products and packaging.

Sector

Energy & Sustainability

Verticals

Waste Management, Circular Economy, Sustainable Materials, Supply Chain Tracking

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

recycled plasticfood-grade plasticcircular economyplastic recyclingextended producer responsibilityEPRsupply chain traceabilityrPETrPEwaste managementsustainability reportingplastic resingreen techplastic creditswaste tech

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Banyan Nation Comps

Public and private peers based on sector, stage, and business model.

Banyan Nation comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Banyan Nation Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BOct 1, 2023
DebtJan 4, 2023
DebtJun 13, 2022
Series AMay 1, 2019
GrantDec 1, 2017
Grant
Jun 20, 2017

Key People

Founding team and executive leadership

Rajkiran Madangopal

Cofounder And COO

Founding Team

Mani Vajipeyajula

Co-Founder CEO

Founding Team

Banyan Nation Investors

Notable investors and investment history

Banyan Nation investors
InvestorRounds
USAIDGrant
Department of Science & TechnologyGrant
Asia Impact SASeries A, Series B
PETRONAS VenturesSeries B
Government of IndiaGrant
Technology Development BoardGrant
Artha CapitalSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 8, 2026

    Monthly visitors increased 44% MoM.

  • Sep 6, 2025

    Grew 39% QoQ, from 128 to 178 employees.

Banyan Nation Filings

SEC and related filings with document metadata.

Data table
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Banyan Nation Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersHyderabad
Employee Range175
Year Founded2013
Last FundingOct 1, 2023

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