Sustainable packaging startup, Bambrew, raises Rs 90 crore in fresh funding round led by Ashok Goel and ENRISSION INDIA CAPITAL.
Bambrew focuses on developing planet-friendly packaging alternatives using materials like bamboo fiber and seaweed, designed to be home-compostable and scalable.
The funding will be utilized to enhance product innovation, expand manufacturing capacity, enter international markets, and launch a direct-to-consumer line.
Bambrew plans to broaden its product portfolio, reach Rs 120 crore in revenue within a year, and diversify into fast-moving categories while maintaining a focus on recyclable, high-barrier packaging materials.