Sustainable packaging startup Bambrew raises Rs 90 crore in funding

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Here’s a summary of the key details regarding Bambrew from the provided information:

Startup Information

  • Startup Name: Bambrew
  • Founded: 2019
  • Founders: Vaibhav Anant, Kunal Prasad
  • Focus: Sustainable packaging innovation

Funding Information

  1. Recent Fundraise:

    • Amount Raised: Rs 90 crore (approximately $10.3 million)
    • Funding Round: Fresh funding round
    • Date: Not specified
    • Lead Investors:
      • Ashok Goel (Former MD of Essel Propack)
      • ENRISSION INDIA CAPITAL (Japanese investment firm)
  2. Previous Fundraise:
    • Amount Raised: Rs 60 crore
    • Funding Round: Series A
    • Investors: Blume Ventures and others
    • Date: Not specified

Future Plans

  • Utilizing funds for product innovation, expanding manufacturing, and entering international markets.
  • Launching a direct-to-consumer (D2C) line.

Key Quotes

  • Vaibhav Anant (Founder): "The packaging industry is at a crossroads…"
  • Kunal Prasad (Co-founder): "The next 12 months will be crucial…"

Current Operations

  • Supplies over 500 brands in FMCG, e-commerce, personal care, and F&B sectors.

Revenue Expectations

  • Aiming to reach Rs 120 crore in revenue within the next year, with a focus on achieving profitability.

Additional Information

  • Plans to diversify into fast-moving categories and emphasize recyclable packaging materials.

Let me know if you need any additional information!

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2025-07-01 09:53:44