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Dharaksha Ecosolutions raised $2.95M in a seed funding round led by Avaana Capital to scale production and boost R&D efforts in eco-friendly packaging solutions.

PRIVATESep 12, 2024

Amount Raised

$2.95 Million

Round Type

Seed

New DelhiManufacturingBiotechnologyAgriculture and Farming

Investors

Avaana Capital

Description

Dharaksha Ecosolutions has raised INR 24.8 crore (around USD 2.95 million) in a seed funding round. This funding will support the company's efforts to enhance production and research in sustainable packaging solutions.

Quick answer

Dharaksha Ecosolutions raised $2.95 Million in a Seed round, dated September 12, 2024. Investors: Avaana Capital. Dharaksha Ecosolutions is based in New Delhi, Delhi, India.

How much did Dharaksha Ecosolutions raise?
Dharaksha Ecosolutions raised $2.95 Million in a Seed round on September 12, 2024.
Who invested in Dharaksha Ecosolutions?
Avaana Capital is named as investors in this round.
What does Dharaksha Ecosolutions do?
Dharaksha Ecosolutions is a biotech-driven material R&D startup focused on creating sustainable alternatives to non-biodegradable packaging materials.
Where is Dharaksha Ecosolutions based and how big is it?
Dharaksha Ecosolutions is based in New Delhi, Delhi, India. Fundz records about 30 employees.
Who are the decision-makers at Dharaksha Ecosolutions?
Fundz holds 1 contact at Dharaksha Ecosolutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Dharaksha Ecosolutions

Location

New Delhi, Delhi, India

About

Dharaksha Ecosolutions is a biotech-driven material R&D startup focused on creating sustainable alternatives to non-biodegradable packaging materials. Founded by Anand Bodh and Arpit Dhupar, the company utilises agricultural waste to produce biodegradable mycelium-based packaging. They are also developing innovative solutions like mushroom-based MDF boards and waterproof plastic film alternatives. Their mission is to promote eco-friendly practices while converting significant amounts of agricultural waste into useful products.

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Dharaksha Ecosolutions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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