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Bambrew raises Rs 90 Cr led by Ashok Goel and Enrission India Capital

EntrackrEntrackr · 1d ago
Bambrew raises Rs 90 Cr led by Ashok Goel and Enrission India Capital
Medial

Bambrew raises Rs 90 Cr led by Ashok Goel and Enrission India Capital Bambrew, the Bengaluru-based meta-material innovation company specializing in sustainable packaging solutions, has raised Rs 90 crore (about $10.3 million) round led by Ashok Goel, former Managing Director of Essel Propack, along with Japanese venture capital firm ENRISSION INDIA CAPITAL. Prior to this, the company had raised $11.8 million from Blume Ventures and others. The proceeds will be utilized to accelerate innovation, scale manufacturing, and expand its presence in global markets including the Middle East and North America, according to a press release by Bambrew. Founded in 2019 by Vaibhav Anant, Bambrew develops planet-positive, high-performance alternatives to single-use plastics using bamboo fiber, agro-waste, seaweed, recycled paper, and other natural resources. Its proprietary materials are home-compostable, durable, and scalable—designed to meet modern commerce demands without environmental compromise. Over the past year, Bambrew has expanded its product portfolio from garment bags and mailer bags to sustainable mango box packaging, reaching customers across sectors like FMCG, e-commerce, personal care, and food and beverages. With solutions such as high-barrier, plastic-free laminates and aluminum-free recyclable films, the company is helping over 500 brands transition away from traditional plastic and foil-based packaging. Bambrew plans to launch its direct-to-consumer (D2C) range, bringing its sustainable material innovation directly to environmentally conscious consumers. The new line of everyday packaging essentials will be available in the marketplace in the coming months. The company aims to achieve a revenue milestone of Rs 120 crore and profitability within the next 12 months. Bambrew also plans to diversify its product portfolio to serve fast-moving sectors like quick commerce and personal care, with a focus on performance-grade packaging materials that are both compostable and recyclable.

Make in Box secures $260K in pre-Series funding round

EntrackrEntrackr · 4m ago
Make in Box secures $260K in pre-Series funding round
Medial

Make in Box secures $260K in pre-Series funding round Deep-tech startup Make in Box (MIB) has raised $260,000 in a pre-Series funding round led by Mile Deep Works and its affiliate, Mile Deep Capital. The fresh funds will be used to enhance decentralized supply chains and develop mobile smart factory technologies, including its flagship product, “Mfreezer,” MIB said in a press release. Founded in 2020 by Ullas Esturi, Make in Box (MIB) is a deep-tech startup focused on smart factories and agritech solutions. It integrates AI and mobile smart factory technologies, aiming to decentralize supply chains and improve manufacturing efficiency across multiple industries. The company’s solutions serve industries such as auto ancillary, aerospace, defense, construction, inland fisheries, and farming. MIB aims to redefine industrial production by minimizing capital expenditure while maximizing efficiency and sustainability. Its mobile smart factories will bridge the gap between demand and production, ensuring localized and accessible manufacturing solutions that drive economic growth and technological progress. According to MIB, its flagship product “Mfreezer” uses advanced mobile IQF (Individually Quick Frozen) technology to flash-freeze produce at the source, preserving food quality and streamlining supply chains. This innovation aims to boost efficiency and sustainability in the frozen food sector.

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