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Home > Startups > Funding > Bambrew raises ₹90 crore in fresh funding led by Ashok Goel and Enrission India Capital

Bambrew raises ₹90 crore in fresh funding led by Ashok Goel and Enrission India Capital

Founded in 2019 by Vaibhav Anant, Bambrew develops planet-positive, high-performance alternatives to single-use plastics using bamboo fiber, agro-waste, seaweed, recycled paper, and other natural resources.

Abhinav Kumar Singh
Last updated: July 1, 2025 4:44 PM
By Abhinav Kumar Singh
Bambrew raises ₹90 crore in fresh funding led by Ashok Goel and Enrission India Capital
Bambrew raises ₹90 crore in fresh funding led by Ashok Goel and Enrission India Capital
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Bambrew, a Bengaluru-based sustainable packaging startup, has raised ₹90 crore (~$10.3 million) in a fresh funding round led by Ashok Goel, former Managing Director of Essel Propack and Japanese venture capital firm ENRISSION INDIA CAPITAL.

The fresh funds raised will be used to accelerate innovation, scale manufacturing, and expand its presence in global markets, including the Middle East and North America.

Founded in 2019 by Vaibhav Anant, Bambrew develops planet-positive, high-performance alternatives to single-use plastics using bamboo fiber, agro-waste, seaweed, recycled paper, and other natural resources. Its proprietary materials are home-compostable, durable, and scalable, and are designed to meet the demands of modern commerce without environmental compromise.

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Over the past year, Bambrew has expanded its product portfolio from garment bags and mailer bags to sustainable mango box packaging and customer base across key sectors, including FMCG, e-commerce, healthcare, personal care, and food and beverages.

In its next phase, Bambrew is set to debut its direct-to-consumer (D2C) range, bringing its sustainable material innovation directly into the hands of environmentally conscious consumers. The new line of everyday packaging essentials will be available in the marketplace in the coming months, marking a strategic shift in the company’s evolution from a B2B-focused manufacturer to a holistic, consumer-facing brand.

The company is targeting a revenue milestone of ₹120 crore and aims to achieve profitability within the next 12 months. In parallel, it plans to diversify its product portfolio to serve fast-moving sectors such as quick commerce and personal care, with an emphasis on performance-grade packaging materials that are both compostable and recyclable.

Vaibhav Anant, Founder and CEO of Bambrew, said, “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. We also see strong potential in the D2C space, where consumers are actively seeking environmentally conscious alternatives. It’s a proud moment to be backed by partners who understand both the industry and the urgency of the problem.”

Kunal Prasad, Co-founder and CBO of Bambrew, said, “This funding is a testament to the strength of our innovation engine and the trust we’ve built with our partners. At Bambrew, we’re committed to building a resilient, future-ready supply chain and taking Indian sustainable materials to the global stage. The next 12 months will be crucial for us, as we strengthen operations, introduce new product lines, and bring our mission closer to everyday consumers.”

Ashok Goel, Former MD, Essel Propak, said, “What stands out about Bambrew is its material-first approach which is deeply focused on functionality, compliance, and sustainability. Their innovations are timely and globally relevant. With the right support, I believe they can become a benchmark for how sustainability can scale without compromise.”

Yusuke Kakimoto, Founder CEO, ENRISSION INDIA CAPITAL, said, “At ENRISSION INDIA CAPITAL, we believe that solving India’s environmental challenges creates ripple effects far beyond its borders. Bambrew’s deep commitment to material science and sustainability aligns perfectly with our mission to back startups driving positive societal change. Their work is already transforming industries, and we’re excited to support their global expansion and new consumer-focused journey, bringing ethical innovation into everyday homes.”

TAGGED:BambrewEnrission India Capital

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