The funding round, which was a mix of equity and debt, also saw participation from Blue Ashva Capital, Mumbai Angels, Indus Capital, Capital-A, among others
Bambrew will use the funding to expand into primary packaging for FMCG and food and beverages product categories, and expand manufacturing capabilities, R&D and team
Founded in 2019 by Vaibhav Anant, Bambrew offers packaging solutions which are alternatives to single use plastics and degradable
Cleantech startup Bambrew has raised INR 60 Cr (about $7 Mn) in a combination of equity and debt in its Series A funding round, led by Blume Ventures.
The round also saw participation from Capital-A, Blue Ashva Capital, Mumbai Angels, Indus Capital, Capital-A and angel investors Servify founder Sreevathsa Prabhakar, Cashify founder Mandeep Manocha, and Horizon Industrial Parks president RK Narayan.