Latest news with #VaibhavAnant
Yahoo
02-07-2025
- Business
- Yahoo
Bambrew secures $10.3m in funding to boost eco-friendly packaging
Indian sustainable packaging startup Bambrew has secured Rs90 crore ($10.3m) in a recent funding round. The investment was spearheaded by Ashok Goel, previously managing director at Essel Propack. Japanese venture capital group ENRISSION INDIA CAPITAL also participated in the funding round. Serving more than 500 clients, including Shoppers Stop, Puma, and Global Desi, Bambrew plans to use the funds to enhance production twofold and expand into North America and the Middle East. Bambrew founder Vaibhav Anant stated that the capital will advance research and increase manufacturing to phase out plastic globally. The company focuses on replacing plastic with sustainable materials such as bamboo fibre, seaweed, agricultural waste, and recycled paper. Its products are claimed to be home-compostable, serving as an ideal alternative to single-use plastics. The company's range includes garment bags and recyclable films to substitute aluminium laminates. Bambrew co-founder Kunal Prasad noted plans to develop new products and bolster operations within the next year. Operating in the B2B sector, Bambrew also intends to enter the D2C market. This move will enable consumers to access the company's sustainable packaging for home use. Last April, Bambrew secured nearly $7.19m in equity and debt through a Series A funding round. The company also said it plans to expand its team to support its aforementioned initiatives. "Bambrew secures $10.3m in funding to boost eco-friendly packaging" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Entrepreneur
01-07-2025
- Business
- Entrepreneur
Bambrew Raises USD 10.3 Mn to Scale Sustainable Packaging Innovation Globally
The fresh funding round was led by Ashok Goel, former Managing Director of Essel Propack, along with Japanese venture capital firm ENRISSION INDIA CAPITAL. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Sustainable packaging pioneer Bambrew has raised INR 90 crore (approx. USD 10.3 million) in a fresh funding round led by Ashok Goel, former Managing Director of Essel Propack, along with Japanese venture capital firm ENRISSION INDIA CAPITAL. The Bengaluru-based startup plans to deploy the capital toward scaling its manufacturing capabilities, accelerating material innovation, and expanding globally—particularly in the Middle East and North America. Founded in 2019 by Vaibhav Anant, Bambrew is on a mission to eliminate plastic from global packaging ecosystems. The company engineers planet-positive, high-performance alternatives to single-use plastics using bamboo fiber, agro-waste, seaweed, recycled paper, and other renewable materials. Its products are home-compostable, recyclable, and performance-oriented, catering to sectors including FMCG, e-commerce, healthcare, personal care, and food. "This investment is a proud milestone in our five-year journey," said Vaibhav Anant, Founder and CEO of Bambrew. "The packaging industry is at a crossroads. With this capital, we're investing in the science, infrastructure, and scale required to replace plastic meaningfully, not just in India, but globally." Kunal Prasad, Co-founder and CBO, added, "This funding validates the strength of our innovation and the trust we've built. The next 12 months will be pivotal as we introduce new product lines, scale operations, and bring eco-friendly packaging directly to consumers." Bambrew's offerings include a wide range of compostable and recyclable packaging solutions—from garment and mailer bags to high-barrier laminates and aluminium-free films. The company currently services over 500 brands, helping them transition away from plastic and foil-based packaging without compromising on durability or shelf life. Investor Ashok Goel emphasised, "What stands out about Bambrew is its material-first approach, combining functionality with sustainability. With the right support, they can become a benchmark for scalable, eco-friendly innovation." Yusuke Kakimoto, Founder CEO of ENRISSION INDIA CAPITAL, added, "Bambrew's deep commitment to material science and sustainability aligns perfectly with our mission. Their innovations are already reshaping industries." Looking ahead, Bambrew aims to reach INR 120 crore in revenue and achieve profitability within a year. It also plans to enter the direct-to-consumer (D2C) space, launching a line of everyday sustainable packaging products—marking its evolution from a B2B manufacturer to a consumer-facing brand.
