🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

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

EntrackrEntrackr · 7m 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.

Materials science company Zerocircle raises pre-Series A round from 3one4 Capital, Rainmatter and others

EntrackrEntrackr · 15d ago
Materials science company Zerocircle raises pre-Series A round from 3one4 Capital, Rainmatter and others
Medial

url: https://entrackr.com/snippets/materials-science-company-zerocircle-raises-pre-series-a-round-from-3one4-capital-rainmatter-and-others-11021693 Content: Materials science company Zerocircle has raised Rs 5 crore in a pre-Series A funding round co-led by 3one4 Capital and Rainmatter Capital along with participation from other investors. The Pune-based company had earlier raised Rs 20 crore ($2.3 million) in a funding round led by Zerodha co-founder Nithin Kamath’s Rainmatter, with participation from early-stage venture capital firms 1Crowd, VC Grid, 7th Gen Ventures, and environmental advocate Trudie Styler, among others. The proceeds will be used to support its deeptech research and scale-up efforts focused on replacing plastic in food and consumer packaging using natural polymers and compounds. Founded in 2020 by Neha Jain, Zerocircle creates seaweed-based packaging designed to replace harmful petrochemical-based materials. Its product range includes coated packaging for hamburger boxes, fried food containers, bakery packaging, and food trays. The company’s materials are designed to eliminate toxic plastics and reduce microplastic leakage into the human body, soil, air, and oceans. According to Zerocircle, its materials are targeted at high-volume packaging categories where incumbent solutions such as polyethylene (PE) and PLA face performance, recyclability, or regulatory constraints. These include foodservice and QSR packaging, coated paper and board, hot and cold beverage cups, grease-resistant food wraps, and biopolymer pellet applications—segments that represent a significant share of global demand and are actively seeking plastic-free, scalable alternatives. The global packaging market is estimated at over $1.1 trillion, with the sustainable alternatives segment projected to grow to $530–560 billion by 2030. Zerocircle focuses on scaling in markets where regulatory pressure and customer demand for plastic-free packaging are accelerating, including Europe, the UK, Oceania, and India. The company works closely with distributors, converters, and foodservice partners to deploy its materials across high-volume applications such as food packaging and coated paper products. Zerocircle is close to launching a new portfolio of barrier coatings, including water-resistant coated paperboards, heat-sealable coatings for applications such as cutlery pouches in hospitality, and coated low-GSM paper for food wraps and liners. Over the past year, Zerocircle claims it has replaced approximately 1.6 million plastic food containers with deployments across India, the Netherlands, and the Benelux region of Europe.

Download the medial app to read full posts, comements and news.