Through this partnership, Recyclekaro aims to enhance its technological capabilities, drive innovation in lithium-ion battery recycling
Recyclekaro has announced a technology licensing agreement with Indian Institute of Technology Bombay to strengthen critical mineral extraction and improve efficiency in battery recycling operations.
The agreement, signed through Evergreen Lithium Recycling — a group company of Recyclekaro — focuses on advancing the extraction of battery precursor-related critical minerals and scaling technology-driven urban mining solutions. The licensed technology is expected to deliver nearly 30-40% processing cost optimization while enhancing overall operational efficiency in resource recovery processes.
The collaboration comes at a time when India is accelerating efforts to secure critical mineral supplies and localize battery manufacturing and recycling ecosystems to support the country’s electric mobility and clean energy ambitions.
Commenting on the partnership, Rajesh Gupta, Founder and Managing Director of Recyclekaro, said the collaboration with IIT Bombay represents a strategic step toward building indigenous innovation capabilities in the critical minerals sector. He added that stronger industry-academia partnerships will play a key role in shaping India’s future in sustainable resource recovery and circular economy development.
Through this partnership, Recyclekaro aims to enhance its technological capabilities, drive innovation in lithium-ion battery recycling, and develop commercially viable and sustainable solutions for India’s growing material and energy needs.
