Econovus Packaging, a Pune-based engineered sustainable packaging company, has raised ₹40 crore in Pre-Series A funding. Its first institutional round was led by Rainmatter by Zerodha, with participation from Rockstud Capital.
Econovus’ portfolio spans UN-certified lithium-ion battery packaging, heavy-duty export packaging, returnable and expendable packaging and automotive packaging across CKD, SKD and CBU formats.
“The investment enables us to scale this platform and accelerate the industry’s transition to a zero-waste packaging future,” said Ramesh Prasad, Founder and Managing Director, Econovus Packaging.
The funding will deepen the company’s penetration into critical, high-growth sectors, extending its sustainable packaging platform across automotive, lithium-ion battery, solar infrastructure, steel, defence and broader industrial supply chains.
“What makes this hard is not identifying the waste, it is building packaging that OEMs actually switch to. Their high quality engineering ensures that recyclable, lighter and cheaper all hold at once, at production scale, without asking the customer to compromise.” said Abhinav Singh Negi, Lead – Climate and Deep Tech, Rainmatter.
This capital infusion arrives at a time when Government of India reported that India’s engineering exports have scaled to an unprecedented $122.43 billion, solidifying the sector as the single largest contributor (nearly 28 per cent) to India’s total merchandise export basket.
Published on July 7, 2026
