Bambrew Raises INR 90 Crore to Boost Sustainable Packaging and Go Global

Bambrew Steps into Its Next Phase of Growth with INR 90 Crore Funding

Image Credits: Bambrew Raises

Bambrew raised INR 90 crore in a strategic funding round led by Ashok Goel, former Managing Director of Essel Propack, along with Japanese venture capital firm Enrission India Capital.

Vaibhav Anant, Founder and CEO of Bambrew, commented on the investment, saying, “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.” The Bengaluru-based sustainable packaging solutions provider aims to step into their next phase of growth by aiming at accelerating innovation, scale manufacturing, and expanding their presence in global markets, including West Asia and North America, as stated by the firm in their statement.

The packaging company swears by the use of sustainable packaging materials by using bamboo fiber, agro-waste, seaweed, recycled paper, and other natural sources. The firm’s proprietary materials are home-compostable, durable, and scalable. The company’s revenue target in the next 12 months is INR 120 crore, along with achieving profitability in the mentioned timeframe. The company also aims to diversify its product portfolio to serve fast-moving sectors.

• In their next phase of growth, Bambrew is set to debut its direct-to-consumer (D2C) range for environmentally conscious consumers. It will mark the company’s evolution from a B2B-focused manufacturer to a holistic consumer-facing brand.

The sustainable packaging solutions provider raised INR 60 crore funding in 2024 in a series funding round led by Blume Ventures, along with other big names such as Blue Ashva Capital, Mumbai Angels, and Indus Capital.