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Bumboo raised undisclosed amount in an angel funding round led by industry leaders to support its expansion in Indian and global markets.

Dec 03, 2024about 1 year ago
New DelhiManufacturingPackaging Services

Investors

Rajat JainSridhar VHarikrishnan MRajneil KamathShashank BijapurSaurabh GuptaRohan Bhargava

Description

Bumboo, a waste management startup, secured its first round of angel funding. The funds will be utilized to fuel its expansion efforts both domestically and internationally.

Company Information

Company

Bumboo

Location

New Delhi, Delhi, India

About

Bumboo, operated by Imaga Trade and Craft Pvt Ltd, is a waste management startup founded in 2019 that focuses on transforming agricultural waste into sustainable packaging solutions. The company addresses waste management and air pollution challenges by creating over 50 plastic alternatives tailored for the food service industry. Bumboo has serviced over 3,500 businesses, including notable clients like Zomato and Swiggy. The startup aims to expand its presence in both Indian and global markets.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers