Karo Sambhav, a Gurugram-based circular economy company focused on e-waste and battery recycling, raises ₹56 crore from Rainmatter by Zerodha, according to multiple reports. The company says it plans to use the new funding to scale its critical mineral recovery operations by expanding its facilities and infrastructure for extracting valuable materials from discarded electronics and batteries. One report adds that Karo Sambhav has spent around nine years building e-waste collection and recycling networks across India. The funding supports efforts to strengthen the supply chain and processing capabilities needed to recover materials from end-of-life devices and battery waste. While details of the transaction structure and timelines are not fully described in the available summaries, both sources agree on the key points: the amount raised, the investors involved, the company’s focus on recovery of valuable/critical minerals from e-waste, and the use of proceeds to expand infrastructure and capacity. The announcement reflects continued investment in recycling and resource recovery technologies tied to circular-economy goals.