<p>Bengaluru: Bambrew, the Bengaluru-based sustainable packaging solutions provider, has raised ₹90 crore ($10.3 million) funds in a strategic funding round led by Ashok Goel, former Managing Director of Essel Propack along with Japanese venture capital firm ENRISSION INDIA CAPITAL.</p><p>This investment will drive Bambrew’s next phase of growth as it aims to accelerate innovation, scale manufacturing, and expand its presence in global markets including West Asia and North America, the company said in a statement.</p><p>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 that are designed to meet the demands of modern commerce without environmental compromise.</p>.Jumbotail raises $120 million in Series D funding round .<p>Commenting on the investment, Vaibhav Anant, Founder and CEO of Bambrew, said, “The packaging industry is at a crossroads, and there’s an urgent need for solutions that go beyond surface-level sustainability. With this capital, we’re investing in the science, infrastructure, and scale required to replace plastic meaningfully, not just in India, but globally.”</p><p>The company is targeting a revenue milestone of Rs 120 crore and aims to achieve profitability within the next 12 months. It plans to diversify its product portfolio to serve fast-moving sectors such as quick commerce and personal care, with an emphasis on performance-grade packaging materials that are both compostable and recyclable.</p><p>Over the past year, Bambrew has expanded its product portfolio from garment bags and mailer bags to sustainable mango box packaging, and customer base across key sectors including FMCG, e-commerce, personal care, and food and beverages. The company is helping over 500 brands transition away from traditional plastic and foil-based packaging without compromising on performance or shelf life.</p><p>In its next phase of growth, Bambrew is set to debut its direct-to-consumer (D2C) range, bringing its sustainable material innovation directly into the hands of environmentally conscious consumers. The new line of everyday packaging essentials will be available in the marketplace in the coming months, marking a strategic shift in the company’s evolution from a B2B-focused manufacturer to a holistic, consumer-facing brand. </p><p>In March 2024, Bambrew had raised Rs 60 crore (about $7 million) in Series A funding round led by Blume Ventures. The funding was a mix of equity and debt. The other investors included Blue Ashva Capital, Mumbai Angels, and Indus Capital among others.</p>
<p>Bengaluru: Bambrew, the Bengaluru-based sustainable packaging solutions provider, has raised ₹90 crore ($10.3 million) funds in a strategic funding round led by Ashok Goel, former Managing Director of Essel Propack along with Japanese venture capital firm ENRISSION INDIA CAPITAL.</p><p>This investment will drive Bambrew’s next phase of growth as it aims to accelerate innovation, scale manufacturing, and expand its presence in global markets including West Asia and North America, the company said in a statement.</p><p>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 that are designed to meet the demands of modern commerce without environmental compromise.</p>.Jumbotail raises $120 million in Series D funding round .<p>Commenting on the investment, Vaibhav Anant, Founder and CEO of Bambrew, said, “The packaging industry is at a crossroads, and there’s an urgent need for solutions that go beyond surface-level sustainability. With this capital, we’re investing in the science, infrastructure, and scale required to replace plastic meaningfully, not just in India, but globally.”</p><p>The company is targeting a revenue milestone of Rs 120 crore and aims to achieve profitability within the next 12 months. It plans to diversify its product portfolio to serve fast-moving sectors such as quick commerce and personal care, with an emphasis on performance-grade packaging materials that are both compostable and recyclable.</p><p>Over the past year, Bambrew has expanded its product portfolio from garment bags and mailer bags to sustainable mango box packaging, and customer base across key sectors including FMCG, e-commerce, personal care, and food and beverages. The company is helping over 500 brands transition away from traditional plastic and foil-based packaging without compromising on performance or shelf life.</p><p>In its next phase of growth, Bambrew is set to debut its direct-to-consumer (D2C) range, bringing its sustainable material innovation directly into the hands of environmentally conscious consumers. The new line of everyday packaging essentials will be available in the marketplace in the coming months, marking a strategic shift in the company’s evolution from a B2B-focused manufacturer to a holistic, consumer-facing brand. </p><p>In March 2024, Bambrew had raised Rs 60 crore (about $7 million) in Series A funding round led by Blume Ventures. The funding was a mix of equity and debt. The other investors included Blue Ashva Capital, Mumbai Angels, and Indus Capital among others.</p>