# Ricron Panels: Building materials, Ankleshwar, India

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

Source: https://millionrounds.com/startup/ricron-panels (Millionrounds; every figure on the page links to its filing or article)

India · [Building materials startup](https://millionrounds.com/companies)

# Ricron Panels

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

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Funding reported Last round: Series A

Building materials Ankleshwar, India

Company summary

- **Founded:** 2013 13 years old
- **Team:** 19 11 to 50 people
- **Funding reported:** 4.8M as listed, currency not stated
- **Last round:** Series A Jul 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ricron Panels has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **4.8M** in the source's currency

Last round **Series A**

Last round date **Jul 2024**

## Founders and team

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

- **Rahul Chaudhary** Director & CEO
- **Radhika Chaudhary** Director & CFO

## On a portfolio page

Investors who name them

- [DLabs](https://millionrounds.com/fund/dlabs)

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 panels waterproof panels distribution manufacturing carbon footprint reduction other plastics product manufacturing construction cost-effective building solutions recycled plastic panels building materials sustainable construction solutions environmental services high-performance sheets innovative construction materials wholesale building materials biodiversity support

Built with from their website

Google Maps Font Awesome YouTube Google Workspace CloudFlare Viewport Meta Google Meet CloudFlare CDN Google Font API Cloudflare Insights

+8 more

Mobile Friendly WhatsApp Bootstrap Open Graph jQuery Swiper jQuery CDN Cloudflare DNS

- **Sector:** Building materials
- **Industry code:** NAICS 326199, SIC 3999
- **Region:** Gujarat
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/ricron-panel)

## Building materials in India

Startups like it

- [**GLASS WALL SYSTEMS** Mumbai · founded 2003](https://millionrounds.com/startup/glass-wall-systems)
- [**mistry.store** Gurugram · founded 2022](https://millionrounds.com/startup/mistry-store)
- [**Sagar Cements (R) Limited** Yadiki](https://millionrounds.com/startup/sagar-cements-r-limited)
- [**mob (Mad Over Buildings)** Bengaluru · founded 2021](https://millionrounds.com/startup/mob-mad-over-buildings)
- [**Vectus Industries Ltd** Noida](https://millionrounds.com/startup/vectus-industries-ltd)
- [**Magicrete Building Solutions** Surat · founded 2008](https://millionrounds.com/startup/magicrete-building-solutions)
- [**rootefy.com** New Delhi · founded 2016](https://millionrounds.com/startup/rootefy-com)
- [**GreenFortune Windows and Doors** Hyderabad · founded 2022](https://millionrounds.com/startup/greenfortune-windows-and-doors)

## Is this your company?

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