Agrileaf, a manufacturer and exporter of biodegradable dinnerware, has raised ₹16 crore in growth funding led by Capital-A and Samarsh Capital.
The round also saw participation from angel investors including Shaji Devekar, Siddharth Bafna (Co-founder of The Nutcracker), Family Office of Ved Prakash, Pritie Jain of Bling Mushrooms, Sumeet Bhalotia, Director at Vario Lounge, Dhruv Taneja, Founder – Matchlog and Chiranth Patil- Beta Plus.
The funds will be used to expand its operations in existing markets across the US and Europe, as well as build a consumer-facing brand in India. The fund will be also used to expand production capacity, enhance its biodegradable dinnerware and packaging line, and deepen its community impact. Agrileaf also aims to produce up to 300,000 dinnerware products daily by the end of 2025.
Avinash Rao, Co-Founder of Agrileaf, said, “Capital-A and Samarsh Capital’s support empowers us to expand our reach and impact. This investment strengthens our mission to bring sustainable, compostable dinnerware to global markets while fostering the local economy and promoting environmental responsibility. With this backing, we aim to scale operations, enhance technology, and continue creating positive change from the ground up.”
Ankit Kedia, Founder & Lead Investor at Capital-A, said, “At Capital-A, manufacturing and materials innovation are key pillars of our investment philosophy. Agrileaf’s innovative use of Karnataka’s vast areca plantations has the potential to redefine sustainable tableware solutions.”
Sandeep Shenoy, Managing Partner at Samarsh Capital, added, “Agrileaf has demonstrated how sustainable manufacturing can drive both economic and environmental progress. We are eager to support Avinash and Athishay as they expand into new markets and redefine eco-friendly dining solutions globally.”
Founded in 2019 by Avinash Rao and Athishay Jain, Agrileaf provides a sustainable, high-strength alternative to plastic, paper, and bagasse plates. Dedicated to supporting local areca farmers through responsible sourcing, Agrileaf aims to foster a zero-waste, community-centered future with eco-friendly solutions available worldwide.
Operating from a facility in Dharmasthala, Karnataka, Agrileaf integrates a robust supply chain of areca leaf collection with advanced robotics and AI-driven quality control to ensure high-quality, backyard-compostable products that meet both market and environmental needs.
