Sustainable packaging startup Bambrew raises Rs 90 crore in funding

Bambrew, a startup focused on sustainable packaging innovation, has raised Rs 90 crore (approximately $10.3 million) in a fresh funding round led by Ashok Goel, the former managing director of Essel Propack, and Japanese investment firm ENRISSION INDIA CAPITAL. Prior to this round, Bambrew had raised Rs 60 crore from investors including Blume Ventures. 

Founded in 2019 by Vaibhav Anant, Bambrew develops planet-friendly packaging alternatives using proprietary materials made from bamboo fiber, agro-waste, seaweed, and recycled paper. These materials are designed to be both home-compostable and scalable, offering high-performance substitutes for single-use plastics.

The newly raised capital will be used to accelerate product innovation, expand manufacturing capacity, and push into international markets, including the Middle East and North America. Bambrew also plans to launch a direct-to-consumer (D2C) line in the coming months, offering eco-conscious consumers access to sustainable packaging solutions for household use. This marks a strategic expansion from its business-to-business (B2B) roots.

"The packaging industry is at a crossroads," said founder Vaibhav Anant. "With this capital, we’re investing in the science, infrastructure, and scale required to replace plastic meaningfully, not just in India, but globally."

Co-founder Kunal Prasad emphasized the operational roadmap for the coming year. “The next 12 months will be crucial as we strengthen operations, introduce new product lines, and bring our mission closer to everyday consumers,” he said.

Bambrew claims that it currently supplies more than 500 brands across the fast-moving consumer goods, e-commerce, personal care, and food and beverage sectors. Its product portfolio, which originally included garment and mailer bags, now also includes sustainable mango boxes and recyclable films designed to replace conventional plastic and aluminum laminates.

The startup expects to reach Rs 120 crore in revenue within the next year and is aiming for profitability. It also plans to diversify into fast-moving categories such as quick commerce and personal care, placing increased focus on recyclable, high-barrier packaging materials.

Ashok Goel, who led the funding round, praised the company’s material-science driven approach. “Their innovations are timely and globally relevant. With the right support, I believe they can become a benchmark for how sustainability can scale without compromise,” he said.

Yusuke Kakimoto, chief executive of ENRISSION INDIA CAPITAL, said, “Bambrew’s deep commitment to material science and sustainability aligns perfectly with our mission to back startups driving positive societal change,” he said.