Bambrew, a one-stop innovative solution provider of sustainable packaging as an alternative to single-use plastic, has raised a Pre-Series-A round of $2.35 million led by Blue Ashva Capital and Supack Industries. The round also saw participation from Mumbai Angels and notable angel investors.
The latest infusion of funds will be utilised to build India’s first tech-enabled platform for sourcing green packaging, increase the supply capacity, expand in multiple cities, invest in R&D of new sustainable materials and further strengthen the team.