Do you know what happens to your old tyres?
Most people don't. But every discarded tyre still carries economic value inside it — rubber, steel, carbon and recoverable energy. REGRIP started with one question: can India organise the journey of a tyre after its first life?
* As reported by Tyre and Rubber Recycling, "Regrip Invests in Largest TDF Site in Rajasthan" (2025), based on the RIICO Bhilwara licence.
Tyres are generated everywhere. Recycling capacity needs predictable tonnes.
Thousands of small generation points
Dealers, fleets, transport hubs, retreaders, scrap traders and service centres each generate limited quantities across dispersed locations.
Processors need consistency
Recycling economics improve when plants receive the right feedstock, in the right volume, at the right landed cost — every day.
Not every tyre belongs in the same process
Some tyres retain reusable life. Others belong in material recycling or resource recovery. Poor classification destroys value.
Processing capacity can be built. Reliable feedstock infrastructure has to be earned.
A multi-million-tonne resource stream that regenerates every year.
Tyres are consumable industrial assets. Every replacement cycle creates another unit that must be reused, recycled or recovered — making feedstock recurring rather than one-time.
Tyres produced in India in FY2024-25.
Approximate domestic tyre consumption in FY2024-25.
Waste tyres recycled in India in 2024, including domestic and imported feedstock.
The resource pool replenishes itself.
Growth is driven by vehicle usage and tyre replacement — not by discovering a finite waste stockpile.
EPR makes traceability economically relevant.
India's tyre EPR framework increases the importance of compliant recycling, auditable material movement and organised collection.
Build the operating layer between tyre disposal and its next industrial use.
REGRIP combines physical collection, classification, routing and traceability so fragmented tyres can become reliable industrial feedstock.
Source
Create recurring access to dealers, fleets, scrap markets and service ecosystems.
Aggregate
Turn dispersed quantities into predictable industrial volumes.
Classify
Identify reuse, material-recycling and resource-recovery pathways.
Route & trace
Move each tonne to the best economic destination with an auditable trail.
Multiple revenue pools around the same physical tonne.
The economic opportunity expands as REGRIP moves from organising supply to capturing more value around the same material flow.
Aggregation & supply
Source, consolidate and supply tyres into reuse and recycling channels while earning procurement and trading margins.
Reuse & processing
Capture additional value through re-engineering, material recovery and selective owned or operated processing.
Traceability & EPR
Create service and transaction value around compliant recycling, digital records and EPR workflows.
The operating model has already produced a real growth curve.
The next-stage thesis matters only because REGRIP has already demonstrated that fragmented tyre flows can be converted into a growing operating business.
Five years of operating growth
Revenue · ₹ Cr17× revenue growth
From ₹1.8 Cr in FY22 to ₹30.65 Cr in FY26, while simultaneously building sourcing operations, collection capability and downstream recovery channels.
One feedstock network. Multiple value-recovery pathways.
REGRIP’s operating platform is designed to route each tyre toward the highest-value practical outcome — reuse where possible, material recovery where appropriate, and energy recovery for true end-of-life feedstock.
Collection & aggregation
Supplier relationships, collection points, logistics and industrial feedstock movement across operating cities.
Lifecycle & operating data
Inspection, inventory, fleet/dealer workflows, collection records and tyre lifecycle visibility.
Compliance & traceability
EPR workflows, recycler validation, digital records and compliance-linked transactions.
Reuse / re-engineering
Tyres with usable casing value are routed toward life extension before destructive recycling.
Shredding & material recovery
End-of-life tyres can be downsized into usable rubber feedstock for secondary products such as rubber tiles, moulded products and other recycled-rubber applications.
Continuous pyrolysis
True end-of-life feedstock is converted into recovered oil, carbon, steel and process gas through continuous processing.
The partner-funded model is already operating in Alwar.
REGRIP’s first material-recovery node demonstrates that downstream capacity can be funded by a partner while REGRIP brings feedstock, operating discipline and commercial integration.
Alwar, Rajasthan · Franchise-owned, REGRIP-operated
REGRIP’s first shredding / downsizing unit in Alwar is already operational under the same partner-capital model. Scrap tyres are processed into smaller rubber feedstock and supplied into secondary-rubber applications. The significance is strategic: the same collection network can feed multiple recovery pathways without REGRIP owning every downstream asset.
First franchise-owned material-recovery facility
The Alwar unit is the first operating proof of REGRIP’s partner-capital model for downstream processing — infrastructure funded by the partner and operated within REGRIP’s sourcing, quality and commercial ecosystem.
The processing layer turns REGRIP’s feedstock advantage into a second growth engine.
REGRIP holds approval for 180 TPD of continuous tyre-processing capacity at its Rajasthan site. The first installation is 100 TPD, targeted to be operational by Diwali 2026, with commercial revenue contribution expected from Q4 FY26-27.
100 TPD now. 180 TPD already licensed.
Phase 1 comprises two 50 TPD continuous lines. At steady-state assumptions, this first installation is expected to contribute approximately ₹55–63 Cr of annual topline.
At the full licensed 180 TPD site capacity, the platform has the potential to move toward approximately ₹100 Cr annual topline and process roughly 2% of India’s annual tyre-waste stream.
Targeted to be operational by Diwali 2026; revenue contribution expected from Q4 FY26-27.
Indicative steady-state annual topline from the initial installed capacity.
At 180 TPD, a single site becomes a meaningful growth engine rather than only a processing asset.
Collection gives REGRIP control of the tonne. Processing determines how much value REGRIP captures from it.
The flagship plant is not just a downstream asset. It is the point where REGRIP converts feedstock control into higher-margin product economics, builds real recycler-side operating capability, and proves the model that future franchise partners will fund.
Capture more of the economics
Instead of earning only from aggregation and routing, REGRIP participates in the value created from recovered oil, carbon, steel and future upgraded products.
Create internal demand for feedstock
An in-house processing node reduces dependence on third-party recyclers and gives REGRIP a captive destination for part of the tyre volume it controls.
Materially change company scale
The initial 100 TPD installation is expected to contribute approximately ₹55–63 Cr of annual topline at steady-state assumptions, making processing a growth engine rather than an ancillary activity.
Learn the recycler’s business from the inside
Owning and operating the flagship plant gives REGRIP direct experience in uptime, yields, maintenance, safety, product quality, working capital, feedstock planning and finished-goods offtake — the operating realities that cannot be learned only from supplying recyclers.
Become the proof point for future partners
The flagship facility becomes the model ground where future franchise partners can see the technology, process discipline and plant economics in operation before deploying their own capital.
Why this matters to a franchise investor
Future partners should not be asked to fund an experiment. They should be asked to replicate an operating model that REGRIP has already built, run and optimised itself. The flagship plant is therefore REGRIP’s revenue engine, operating university, technology proving ground and franchise reference site.
Global refinery offtake partnership
REGRIP has partnered with a leading global oil refinery based in the UK for export offtake covering 55% of its oil production, with no upper limit on potential offtake. This adds demand visibility and commercial confidence around one of the plant’s highest-value output streams.
Exclusive captive technology access
REGRIP has partnered with its technology provider under exclusive rights for continuous pyrolysis machines manufactured in India for REGRIP’s captive deployment, strengthening its ability to replicate future plants on a common technology platform.
REGRIP is converting tyre waste into products that already have industrial demand.
The opportunity is not to create a market for waste. It is to convert end-of-life tyres into industrial products that can enter existing energy, refinery, rubber and materials value chains — and then progressively upgrade those products into higher-value specifications.
A circular hydrocarbon for industrial energy and refinery feedstock.
Tyre Pyrolysis Oil can be used directly or after further processing as an energy source or industrial feedstock, subject to buyer specifications, equipment suitability and applicable compliance requirements.
Where can it be consumed?
Why consider it versus furnace-oil-type fuels?
For suitable industrial users, TPO can offer an alternative hydrocarbon source derived from waste tyres, diversify fuel/feedstock sourcing and potentially create commercial and circularity advantages depending on delivered price and specification. It is not a universal one-for-one substitute: customer acceptance depends on the actual product specification and application.
From raw char toward higher-value recovered carbon black.
Pyrolysis produces a carbon-rich solid output. Through grinding, pelletisation, ash/mineral management, treatment and quality classification, that material can move toward higher-value recovered carbon black applications.
Where can it be consumed?
Why does upgradation matter?
Selling untreated carbon captures only part of the potential value. REGRIP’s R&D roadmap is aimed at improving consistency and product quality so a larger share of recovered carbon can move toward higher-value rCB applications rather than remaining a low-grade by-product.
A large established end market
Carbon black is already a major global industrial material, led by tyre and rubber demand. REGRIP’s opportunity is to substitute a portion of virgin carbon demand with a circular recovered product as quality and customer qualification improve.
Where things stand on the other outputs
The UK refinery agreement is REGRIP's first institutional offtake commitment and currently covers oil. Recovered steel enters the existing global scrap-steel market — a liquid commodity with established buyers, not a REGRIP-specific relationship. Recovered process gas is consumed captively to power the pyrolysis process itself, reducing external energy costs rather than requiring third-party offtake. Commercial discussions for additional carbon offtake are in progress alongside the refinery partnership.
The long-term upside is not only producing more tonnes. It is making every tonne more valuable.
Plants can be financed. A dense feedstock network has to be earned one relationship at a time.
REGRIP's defensibility compounds upstream, where local relationships, transaction history and route economics become more valuable with density.
Supplier trust
Recurring access to fragmented tyre generators is relationship-led and locally earned.
Pincode density
More collection points improve route utilisation and landed feedstock economics.
Procurement intelligence
Transaction history improves pricing, supply visibility and sourcing decisions.
Downstream relevance
Reliable tonnes make REGRIP increasingly useful to recyclers and processors that need predictable supply.
The tyre is where we begin. The network is what we are building.
At national scale, REGRIP can evolve from an organised reverse-tyre network into infrastructure used by recyclers, manufacturers, new market entrants and financial partners across the tyre ecosystem.
Supply infrastructure for India's recyclers
A recycler should be able to buy predictable tyre feedstock from REGRIP instead of building fragmented sourcing operations city by city.
A cross-brand tyre replacement graph
At sufficient scale, collection data can reveal what categories, brands and tyre sizes are being replaced across regions and pincodes.
Services built on access already earned
Reverse logistics, dealer market access, recycler procurement services, material-flow financing and marketplace transactions can use the same relationships and routes.
Manufacturers know what they sell. REGRIP can eventually know what India replaces.
The ambition is not to launch every adjacent business today. It is to build the physical network that gives REGRIP the right to choose the highest-return opportunities tomorrow.
A leadership team built around execution.
REGRIP combines operating, financial, legal and procurement leadership for the next phase of scale.
Tushar Suhalka
FounderTushar Suhalka is the founder of REGRIP and the driving force behind the company’s vision to build India’s circular tyre infrastructure. He started REGRIP with the belief that discarded tyres should not be treated as waste, but as a recoverable industrial resource that can be organised, routed and monetised through the right operating system.
Over the years, he has led the company across the full journey — from building sourcing access and collection relationships on the ground to shaping downstream recycling and processing expansion. His educational background includes B.Com, LLB and MBA, bringing together commercial understanding, legal awareness and business thinking that are important for scaling a regulated, infrastructure-led business.
LinkedIn ↗CA Prateek Hinger
Chief Financial AdvisorPrateek supports REGRIP on financial strategy, capital structuring and disciplined growth planning, helping the company build the financial architecture required for its next phase.
CS Ruchi Gupta
Head of Compliances & Legal AffairsRuchi leads the company’s compliance and legal affairs, an important function for a business operating across corporate governance, contracts, licensing and regulatory execution.
Manish Tanwar
Head of Procurement & OperationsManish leads procurement and operations, connecting supplier-side execution, material movement and on-ground operating discipline to the company’s broader growth strategy.
Scale is ultimately an operating problem.
The wider REGRIP team spans sourcing, procurement, finance, compliance, technology and field execution — the capabilities required to organise a fragmented physical market at national scale.
Founders, operators and institutions have already underwritten the journey.
The investor base brings credibility across entrepreneurship, industrial execution and venture capital.
Individual backers
Institutional and platform investors
Supported by government innovation ecosystems
We'd rather name the risks than let you find them.
Every infrastructure business carries execution and market risk. Here is how we think about the ones that matter most.
TPO pricing tracks industrial fuel benchmarks
Recovered oil pricing correlates with furnace-oil and crude-linked benchmarks. The refinery offtake agreement and a diversified industrial buyer base reduce single-market price dependence.
Informal-sector buyers compete for the same scrap tyres
Local relationships, network density and multi-year sourcing history are the actual defence here — not exclusivity, which does not exist in this market.
Commissioning is on track for Diwali 2026
The variable that matters most next is ramp-up — reaching steady-state throughput and yields on schedule after commissioning. The Alwar facility, already operational under the same partner-capital model, is our proof that REGRIP executes this build-and-ramp pattern.
Regulatory tailwinds can attract new entrants
The moat is the feedstock network and the 180 TPD licence already secured — not the pyrolysis technology itself, which is increasingly available to well-capitalised entrants.
The bridge completes the full value chain. The next round multiplies it.
REGRIP’s capital strategy separates the current execution round from the next scale round: the bridge completes integration, builds operating depth and improves product value; the next round multiplies the model.
₹19 Cr at ₹101 Cr pre-money valuation
₹9 Cr already received, led by existing investor Inflection Point Ventures. ₹10 Cr remains open.
The next conversation is about the numbers behind the network.
We would like to walk institutional investors through feedstock economics, Phase 1 unit economics, network expansion, technology, capital architecture and the assumptions behind the next stage of scale.