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UKHI raises seed round led by Venture Catalysts

Entrackr · 9d ago

Medial

UKHI, an IP-led biopolymer and sustainable materials company, has raised Rs 10.5 crore in a seed funding round led by Venture Catalysts, with participation from 100 Unicorns, 888 VC, and DCG Pack, its strategic industrial partner. The fresh funds will be used to scale the production of EcoGran, its flagship line, deepen formulation and process IP, and strengthen partnerships across the packaging value chain, UKHI said in a press release. Co-founded in 2019 by Vishal Vivek, Priyanka Chauhan, and Sandeep Kumar Tyagi, UKHI is a biomaterials startup focused on developing sustainable, compostable alternatives to conventional plastics. It aims to accelerate the transition toward a circular economy and leverages agricultural residues and lignocellulosic biomass to create high-performance, bio-based packaging materials. The company’s patent-pending technology is designed to be scalable, cost-effective, and environmentally responsible, enabling brands to reduce their reliance on petroleum-based plastics without compromising on strength, functionality, or quality. Within six months, UKHI said it has built a commercially viable biopolymer platform, developed proprietary material intellectual property, and commenced market adoption across India’s packaging ecosystem. The company focuses on developing high-performance biodegradable and compostable materials that can replace conventional plastics while remaining compatible with existing manufacturing infrastructure. The brand has achieved commercial revenues within months with large anchor clients and has sold over two lakh kilograms of biopolymer material to early customers. The company plans to replace up to 24 lakh kilograms of single-use plastic over the next 12 months and has recorded over 90% trial-to-commercial conversion across customer pilots, underscoring strong product-market fit.