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(L-R) Sourav Dey, Director and Co-founder, Agni Mitra Founder and CEO, and Avijit Rajak, Co-Founder and Director of Finance
Amwoodo, a startup focused on bamboo-based sustainable solutions, announced that it has raised $4 million in a pre-Series A funding round from a consortium of investors.
The round was led by Rainmatter, with participation from Adventz Group, Thinkuvate, and Caspian.
Founded in 2019, Amwoodo aims to replace single-use plastics with bamboo-first products that combine sustainability with everyday convenience. The startup claims to have built B2B partnerships with leading names such as Himalaya Wellness Company, Bombay Shaving Company, and ITC Hotels, while also expanding into the Direct-to-Consumer (D2C) space through its marketplace Ecoconsious.
With this new round of funding, Amwoodo will scale its production capacity, enter the D2C market, and launch other plastic-alternative brands under the House of Amwoodo. Additionally, the startup will also focus on strengthening community engagement and expanding livelihood opportunities in bamboo-growing regions.
“It is a shared commitment to rewriting the story of sustainability—where innovation replaces waste, communities thrive, and every product leaves the planet better than we found it. With this support, we are not just scaling a business; we are fueling a movement to make eco-conscious living the norm, not the exception. We’re leading from the ground up - listening, learning, and building with the community. Because change starts where the roots are,” said Agni Mitra, Founder & CEO, Amwoodo.
“At Amwoodo, we have always believed that sustainability is not a trend—it’s a responsibility. This funding is a testament to the collective effort of our passionate team, the trust of our partners, and the unwavering support of our customers. Together, we are proving that businesses can drive both profit and purpose, and we are ready to take the next big leap toward making eco-conscious living the global standard,” said Subhrakanti Das, Chief of Staff, Amwoodo.