[Funding alert] Packaging answer startup Bambrew raises pre-seed spherical led by Upsparks

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[Funding alert] Packaging solution startup Bambrew raises pre-seed round led by Upsparks


Bambrew, a greentech sustainable and eco pleasant packaging answer startup, has raised a pre-seed spherical of funding led by Upsparks. The spherical additionally noticed participation from traders together with LetsVenture, Amity Capital Ventures, Amity Know-how Incubator and business veterans like Kunal Prasad (COO, Cropin), Prashant Gagneja (Enterprise Head- Tropicana, Pepsico India) amongst others.

Launched in July 2018 by Vaibhav Anant, the Bengaluru-based firm strives to eradicate single use plastics from the packaging business by offering an alternate that’s eco-friendly, biodegradable, recyclable, and are sourced from sustainable sources.

Vaibhav Anant, CEO, mentioned,

“At Bambrew, we’ve created a singular product that’s considered one of its form globally. With a $411 billion international market, we’re set to disrupt the house by offering a inexperienced and eco-friendly packaging answer.”

funding

We want to be recognised as a world model. We’re all set to disrupt the house with our inexperienced choices to all sectors of companies from FMCG to meals and now ecommerce as effectively. Our choices have garnered curiosity globally from manufacturers like Sysco and Gordon Meals Providers within the US to British Canadian importers in Canada,” Vaibhav mentioned.

Based on Vaibhav, all the most important QSRs and enormous ecommerce corporations are at the moment sampling and evaluating Bambrew’s merchandise to supply a wholesome and sustainable packaging answer.

Bambrew claims to have been working with some very well-established manufacturers in India and overseas to chop out plastic and decrease the carbon footprint from their provide chain. The corporate added that all its merchandise are eaten up by microorganisms current within the soil and flip into manure inside 180 days underneath pure situations and inside 15 days underneath composting amenities.

“This helps our clients to scale back their carbon footprint and eradicate plastic waste from the setting. With the present spherical of funds we are going to put money into constructing a powerful staff, fulfilling present orders, and growing our footprint and provide capabilities in India and abroad markets,” Vaibhav mentioned.

Mohamad Faraz, of Upsparks, mentioned, “Bambrew’s innovation may very well be game-changer, particularly at a time when most international corporations have pledged to chop plastic air pollution over the following few years.”

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