Bambrew, a front-runner in sustainable packaging innovation based in Bengaluru, has successfully raised INR 90 crore (around USD 10.3 million) in a funding round spearheaded by Ashok Goel, the former Managing Director of Essel Propack, and the Japanese venture capital firm ENRISSION INDIA CAPITAL. This milestone arrives as Bambrew aims to enhance its manufacturing capabilities, accelerate material innovation, and broaden its reach globally, with a particular focus on the Middle East and North America. Established in 2019 by Vaibhav Anant, Bambrew is on a mission to eradicate plastic within global packaging ecosystems. The company specializes in creating planet-friendly, high-performance alternatives to single-use plastics. These alternatives are crafted from bamboo fiber, agro-waste, seaweed, recycled paper, and other natural resources, ensuring they’re home-compostable, durable, and scalable to suit modern commerce without environmental compromise. “This investment is a significant milestone in our five-year journey,” stated Vaibhav Anant, the Founder and CEO of Bambrew. “The packaging industry is at a critical juncture. With this capital, we are investing in the science, infrastructure, and scale needed to replace plastic in a meaningful way, not just in India but globally.” Kunal Prasad, Co-founder and Chief Business Officer, added, “This funding validates the strength of our innovation engine and the trust we’ve built with our partners.
The upcoming 12 months are pivotal as we launch new product lines, scale operations, and bring eco-friendly packaging directly to consumers.” Bambrew’s current product range includes compostable and recyclable packaging solutions, from garment and mailer bags to high-barrier laminates and aluminum-free films. The company is currently assisting over 500 brands in transitioning away from traditional plastic and foil-based packaging, ensuring no compromise on durability or shelf life. Investor Ashok Goel emphasized, “Bambrew’s material-first approach stands out by combining functionality with sustainability. With the right support, they can set a benchmark for scalable, eco-friendly innovation.” Yusuke Kakimoto, Founder and CEO of ENRISSION INDIA CAPITAL, added, “Bambrew’s deep commitment to material science and sustainability perfectly aligns with our mission. Their innovations are already reshaping industries.” Looking ahead, Bambrew aims to achieve INR 120 crore in revenue and reach profitability within a year. The company is also set to enter the direct-to-consumer (D2C) market, launching a line of everyday sustainable packaging products, marking a strategic evolution from its B2B roots to a consumer-oriented approach.
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