Funding · Climate, Energy & Sustainability
UKHI raises ₹10.5 crore seed round
By Startup Enthusiast ·
- Date
- Company
- UKHI
- What it does
- IP-led biomaterials company
- Kind
- Funding
- Amount
- ₹10.5 Cr
- Stage
- seed
- Founded
- 2019
What they do
UKHI produces sustainable compostable plastic alternatives from agricultural residues
What happened
It raised ₹10.5 crore seed round led by Venture Catalysts
Why it matters
Funds will scale EcoGran biopolymer production and strengthen IP
The details
- UKHI raised ₹10.5 crore in a seed funding round.
- The round was led by Venture Catalysts.
- Participating investors included 100 Unicorns, 888 VC, and DCG Pack as a strategic industrial partner.
- The company will use the funds to scale production of its EcoGran biopolymer line.
- It will also strengthen its intellectual property and deepen packaging value chain partnerships.
- UKHI has already achieved commercial revenues within months of scaling.
- It has sold over 2 lakh kg of biopolymer material to early customers.
The bigger picture
- The funding comes as India pushes for a circular economy and alternatives to single-use plastics.
- UKHI's materials are compatible with existing manufacturing infrastructure, easing adoption.
- The company reports over 90% trial-to-commercial conversion across customer pilots.
- It aims to replace up to 24 lakh kg of single-use plastic in the next 12 months.
About the business
- UKHI is an IP-led biomaterials company founded in 2019.
- It produces sustainable compostable plastic alternatives using agricultural residues and lignocellulosic biomass.
- Its flagship product is the EcoGran biopolymer line.
- The materials are designed to work with existing manufacturing infrastructure.
- The company has sold over 2 lakh kg of biopolymer material to early customers.
- It has achieved commercial revenues within months of scaling production.
What happens next
- Scale production of the EcoGran biopolymer line.
- Strengthen intellectual property.
- Deepen partnerships across the packaging value chain.
- Replace up to 24 lakh kg of single-use plastic in the next 12 months.
The deal
- Type
- seed
Investors
- Venture Catalysts (lead)
- 100 Unicorns (participated)
- 888 VC (participated)
- DCG Pack (participated) — Strategic industrial partner
Founders
- Vishal Vivek, Co-founder
- Priyanka Chauhan, Co-founder
- Sandeep Kumar Tyagi, Co-founder
About UKHI
- Product
- EcoGran flagship product and sustainable, compostable plastic alternatives made from agricultural residues and lignocellulosic biomass
- Customers
- Brands and packaging companies seeking sustainable alternatives to petroleum-based plastics
- How it makes money
- B2B materials supply with partnerships across the packaging value chain
- What sets it apart
- Patent-pending technology creating scalable, cost-effective bio-based materials without compromising on strength and functionality
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