In an era when environmental concerns and food wastage are at the forefront of global challenges, one biotech startup is making waves by offering a greener, smarter way to keep fresh produce fresher for longer. PeelOn, a Hyderabad-based company specializing in biodegradable and compostable films, has just raised $1 million in funding, led by GrowX Ventures and supported by several other investors.
Ukhi Secures $1.2 Million to Boost Eco-Friendly Packaging Solutions
In a major move toward tackling plastic pollution, Ukhi, a Faridabad-based startup specializing in sustainable biomaterials, has successfully raised $1.2 million in a pre-seed funding round. The round, led by 100Unicorns, saw participation from Venture Catalysts and angel investor Avtar Monga, along with debt funding from SIDBI…
Moglix, a leading B2B e-commerce platform, has made a significant move in the industrial procurement and sustainable packaging sectors by acquiring Khatema Fibres, a well-established paper manufacturing company, for Rs 80 crore. This acquisition strengthens Moglix’s commitment to sustainability and aligns with its broader vision of supporting India’s growth goals under the “Viksit Bharat”…
Dharaksha Ecosolutions, a prominent player in the biotech and sustainable packaging sector, has successfully raised ₹24.8 crore in a recent seed funding round. The investment, spearheaded by Avaana Capital, is set to propel the startup’s growth and enhance its research and development capabilities.
Seed Funding Boost for Dharaksha Ecosolutions
The latest funding round marks a significant…
