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

EntrackrEntrackr · 16d 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.

GVFL leads Rs 15 Cr round in B2B packaging platform DCG Tech

EntrackrEntrackr · 15h ago
GVFL leads Rs 15 Cr round in B2B packaging platform DCG Tech
Medial

GVFL leads Rs 15 Cr round in B2B packaging platform DCG Tech DCG Tech, a B2B platform for packaging, warehouse solutions, and procurement, has raised Rs 15 crore in a pre-Series A funding round led by GVFL. GVFL has invested Rs 10 crore in the round, while Auxano Capital and the promoters have participated in the investment round. Prior to this, the Gurugram-based company had raised $3.31 million in a seed funding round from Venture Catalysts. The proceeds will be utilised to accelerate growth, enhance platform technology, and expand international operations, DCG said in a press release. Co-founded in 2005 by Suresh Bansal and Subhasish Chakraborty, DCG Tech addresses the packaging needs of MSMEs, e-commerce and quick-commerce brands by offering them a one-stop, cost-effective solution. The firm’s solutions, such as Design to Distribution, Packaging as a Service, EcoPac for Sustainable Packaging, and the ProPac Platform, aim to bring efficiency and cost-effectiveness to businesses of all sizes. With over 60,000 customers and 750 million packaging products delivered, DCG claims to have presence through eight fulfilment centres, six sales offices, and a Design and Innovation Centre. It also has a subsidiary in Dubai. “With the backing of GVFL and other investors, and our roadmap of smart manufacturing, AI-based technology, and sustainable packaging solutions, we are poised to lead the next phase of growth in the B2B commerce space. Our goal is to become India’s most preferred packaging and commerce platform for businesses,” said Suresh Bansal, founder & CEO of DCG. DCG states that it offers a tech-enabled, end-to-end procurement and distribution platform that provides over 10,000 SKUs across 78 categories.

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