Engineered sustainable packaging company Econovus Packaging has raised Rs 40 crore in a pre-Series A funding round led by Rainmatter by Zerodha, with participation from Rockstud Capital. Through this investment, the Pune-based company aims to accelerate its expansion into high-growth industrial sectors while strengthening its sustainable packaging solutions for domestic and international markets.
The company plans to utilize the fresh capital to expand its presence across industries such as automotive, lithium-ion batteries, solar infrastructure, steel, defence, and broader industrial supply chains. Additionally, Econovus intends to enhance its sustainable packaging platform to meet the growing demand for environmentally responsible and globally compliant packaging solutions.
Founded in January 2019 by Ramesh Prasad, Econovus Packaging develops customized end-to-end packaging and design solutions using engineered, intellectual property-backed materials. Furthermore, the company leverages space optimization and its design-to-cost methodology to help businesses reduce both their packaging-related carbon footprint and total cost of ownership.
The company’s product portfolio includes UN-certified lithium-ion battery packaging, heavy-duty export packaging, returnable and expendable packaging solutions, and automotive packaging designed for Completely Knocked Down (CKD), Semi Knocked Down (SKD), and Completely Built Unit (CBU) formats. These offerings enable manufacturers and exporters to improve operational efficiency while complying with international packaging standards.
Moreover, Econovus states that its packaging solutions help customers lower logistics costs, maximize container utilization, and reduce supply chain emissions across sectors including automotive, electronics, clean energy, industrial machinery, and electrical equipment. As industries increasingly prioritize sustainability, the company aims to position itself as a key partner for businesses seeking cost-effective and eco-friendly packaging solutions.
According to the Government of India, the country’s engineering exports reached a record $122.43 billion, making engineering the largest contributor to India’s merchandise exports with nearly 28% of the total export value. Consequently, the continued expansion of cross-border industrial supply chains is expected to drive significant demand for high-quality, internationally compliant, and sustainable industrial packaging solutions.
Econovus Packaging’s Rs 40 crore pre-Series A funding marks a significant milestone in its growth journey. By expanding into emerging industrial sectors and enhancing its sustainable packaging capabilities, the company is well-positioned to capitalize on the rising global demand for environmentally friendly, export-ready packaging solutions. Backed by Rainmatter by Zerodha and Rockstud Capital, Econovus aims to play a larger role in building resilient, efficient, and sustainable industrial supply chains.
