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Funding · Climate, Energy & Sustainability

UKHI raises ₹10.5 crore seed round

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Date
Company
UKHI
What it does
IP-led biomaterials company
Kind
Funding
Amount
₹10.5 Cr
Stage
seed
Founded
2019
Sector
Climate, Energy & Sustainability

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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