HomeInvestor DirectoryCircular EconomyPrashant Purohit
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Prashant Purohit
Investment Partner, Co-Head South Asia at Circulate Capital · India
Check size
Undisclosed
Lead stage
Growth
Deals tracked
25
Sectors
Circular Economy, Plastic Recycling
Circular Economy Plastic Recycling Waste Management Growth Late Stage
South Asia India Sri Lanka Bangladesh Southeast Asia

About Prashant
Prashant Purohit is Investment Partner & Co-Head for South Asia at Circulate Capital, a leading circular economy investment firm operating across South Asia (India, Sri Lanka, Bangladesh), Southeast Asia, and Latin America. He holds professional credentials as an ACA (ICAI) and CFA (ICFAI), bringing financial and investment expertise to impact-driven deal sourcing and execution in emerging markets
Investment thesis
Leading circular economy investment strategy across South Asia with focus on deal origination, execution, and portfolio management.
Circulate Capital invests in plastic circularity and waste management solutions across South and Southeast Asia and other high-growth markets. Prashant Purohit, as Co-Head of South Asia, focuses on building deal pipelines, executing investments, developing the portfolio, and driving exit readiness in the region. The fund deploys capital through two complementary strategies: transforming recycling and waste management supply chains, and scaling disruptive innovations in circular economy solutions. With around 20 years of investment banking and private equity experience, Purohit drives value creation from deal sourcing through to successful exits, as demonstrated by the firm's full exit from Recykal, partial exit from Srichakra Polyplast, and supporting portfolio companies in M&A activity
Investment philosophy
Prashant co-leads Circulate Capital's investment strategy in South Asia, responsible for market landscaping, deal origination, investment execution and portfolio management. The firm focuses on circular economy investments across South Asia, Southeast Asia, and Latin America.
Investment focus
Circular economy and impact investing across South Asia and emerging markets, with a regional leadership mandate for South Asian deal origination and portfolio management
Areas of expertise
Circular Economy Impact Investing South Asia Private Equity Emerging Markets
Notable portfolio
Lucro Plastecycle NEPRA Srichakra Polyplast Ricron Panels Dalmia Polypro Industries ACE Green Recycling RECIKI Prevented Ocean Plastic Southeast Asia Deluxe Recycling Private Limited Union J Plus Polyrec Cirklo Recyclapet Omnigreen Pelita Mekar Semesta (PMS)
Notable deals
RMSI – Geospatial engineering leader (angel/early-stage investor involvement noted)

Frequently asked
Does Prashant Purohit invest at Growth stage?
Yes. They invest at Growth, Late Stage stage. Their geographic focus includes South Asia, India, Sri Lanka.
What is their typical check size?
Check size is not publicly disclosed. They currently invest through Circulate Capital.
What sectors does Prashant Purohit focus on?
Prashant Purohit primarily invests in Circular Economy, Plastic Recycling, Waste Management.

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