India · Building materials startup

Ricron Panels

Ricron Panels, also known as Deeya Panel Products Private Limited, is a sustainability startup based in Ankleshwar, Gujarat, India.

Funding reportedLast round: Series A

Building materialsAnkleshwar, India

About Ricron Panels

Ricron Panels, also known as Deeya Panel Products Private Limited, is a sustainability startup based in Ankleshwar, Gujarat, India.

Founded in 2013 by Rahul Chaudhary and Radhika Chaudhary, the company focuses on converting non-recyclable multilayer plastic (MLP) waste into high-quality, fully recyclable construction materials. With a mission to tackle the environmental challenges posed by MLP waste, Ricron Panels has successfully diverted around 80,000 tons of plastic from landfills over the past eight years. The company utilizes proprietary technology to process MLP waste into versatile construction sheets, offering products that are waterproof, rustproof, heat-resistant, fire-retardant, and termite-proof. Their product range includes regenerated plastic sheets for roofing and flooring, eco-friendly panels for furniture, and durable industrial pallets. Ricron Panels serves various sectors, including civil construction, housing, and industrial applications, providing sustainable solutions tailored to the needs of its clients.

What company datasets say Ricron Panels raised

Funding, as reported

Reported in all4.8Min the source's currency
Last roundSeries A
Last round dateJul 2024

Founders and team

From Ricron Panels's own website: 2 on the team.

  • Rahul ChaudharyDirector & CEO
  • Radhika ChaudharyDirector & CFO

On a portfolio page

Investors who name them

Each firm lists Ricron Panels on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

fire-resistant panelswaterproof panelsdistributionmanufacturingcarbon footprint reductionother plastics product manufacturingconstructioncost-effective building solutionsrecycled plastic panelsbuilding materialssustainable construction solutionsenvironmental serviceshigh-performance sheetsinnovative construction materialswholesale building materialsbiodiversity support

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Sector
Building materials
Industry code
NAICS 326199, SIC 3999
Region
Gujarat
Full record
Every detail in the company directory

Building materials in India

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