Eco-friendly packaging solutions provider Ukhi raises $1.2 M from 100Unicorns, Venture Catalysts, ot
Delhi-based Ukhi , a biomaterials startup focused on developing sustainable, biodegradable packaging solutions, has raised USD 1.2 million in a pre-seed funding round. The round was led by 100Unicorns, with participation from Venture Catalysts, angel investor Avtar Monga. Small Industries Development Bank of India (SIDBI) contributed debt.The fresh capital will support Ukhi’s efforts to scale production, enhance materials research, and expand its sustainable packaging offerings globally.Founded in 2019 by Priyanka Chauhan, Vishal Vivek, and Sundeep Kumar Tyagi, Ukhi produces compostable biomaterials derived from agricultural residues. The company claims that its technology offers a viable alternative to traditional plastics, contributing to the bioeconomy and helping industries transition to more eco-friendly practices. The firm has operations in Haryana and Uttarakhand.
Want to receive such news items in your inbox? Click Here to sign up for a trial.