Econovus Nets ₹40 Cr To Expand Sustainable Industrial Packaging

Industrial packaging startup Econovus Packaging has raised ₹40 Cr (about $4.2 Mn) in its maiden institutional funding round. The pre-Series A funding round led by Rainmatter by Zerodha, with participation from Rockstud Capital. The fresh capital will help the B2B packaging startup expand its presence into high-growth sectors like automotive, lithium-ion batteries, solar infrastructure, steel and defence.