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Funding · Professional & Local Services

Econovus Packaging raises ₹40 crore in pre-Series A round led by Rainmatter by Zerodha

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Date
Company
Econovus Packaging
What it does
Sustainable industrial packaging solutions provider
Kind
Funding
Amount
₹40 Crore
Stage
Pre-Series A
Based in
Pune
Founded
2019-01
Sector
Professional & Local Services

What they do

Econovus Packaging develops engineered, end-to-end packaging and design solutions for industrial sectors like automotive, lithium-ion batteries, solar…

What happened

The ₹40 crore funding will be used to expand its presence in high-growth industrial sectors and build a new manufacturing facility and design center in Pune

Why it matters

The company has been bootstrapped and profitable since its founding in 2019, marking this as its first institutional funding round

The details

  • Econovus Packaging, a Pune-based sustainable packaging startup, raised ₹40 crore in a pre-Series A funding round led by Rainmatter by Zerodha, with participation from Rockstud Capital.
  • The company plans to use the funds to build a new manufacturing facility in Pune and a design center to support industrial clients.
  • This is Econovus Packaging’s first institutional funding round, as it has been bootstrapped and profitable since its founding in January 2019.
  • The funding will help the company expand its presence in high-growth industrial sectors such as automotive, lithium-ion batteries, solar infrastructure, defence, and steel.
  • Econovus Packaging provides UN-certified lithium-ion battery packaging, heavy-duty export packaging, returnable and expendable packaging systems, and automotive packaging solutions.

The bigger picture

  • India’s engineering exports reached a record $122.43 billion in 2026, making it the country’s largest export contributor.
  • The demand for sustainable, high-performance packaging solutions is rising as global industrial supply chains expand.
  • Econovus Packaging aims to help industrial enterprises reduce both operational costs and environmental impact through its engineered packaging solutions.

About the business

  • Econovus Packaging develops engineered, end-to-end packaging and design solutions that help businesses improve logistics efficiency while lowering their carbon footprint.
  • The company combines proprietary, IP-backed materials with space optimisation techniques and a design-to-cost methodology to create customised packaging solutions.
  • Its offerings are designed to support increasingly complex industrial supply chains while meeting global packaging and compliance standards.
  • Econovus Packaging’s portfolio includes UN-certified lithium-ion battery packaging, heavy-duty export packaging, returnable and expendable packaging systems, and automotive packaging solutions.
  • The company’s packaging solutions are designed to improve container utilisation, optimise transportation efficiency, and enhance product protection in domestic and international logistics operations.

What happens next

  • Econovus Packaging plans to build a new manufacturing facility in Pune and a design center to support industrial clients.
  • The company aims to expand its presence in high-growth industrial sectors such as automotive, lithium-ion batteries, solar infrastructure, defence, and steel.

The deal

Type
funding

Investors

Founders

  • Ramesh Prasad, Founder

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