PE-VC Fund Investments
Reusable packaging startup InfinityBox raises Rs.14.1 Cr led by Rainmatter
Jaipur-based InfinityBox has raised INR 14.1 crore, at a post-money valuation of INR 87 crore, in a Pre-Series A funding round led by existing investor Rainmatter with participation from AAR EM Ventures, Capital-A (Manjushree Capital Advisors) and Dhyanesh Shah.Founded by Shashwat Gangwal and Keshav Godala, InfinityBox operates a reusable packaging platform for food delivery and restaurants that replaces single-use containers with a circular, returnable system. The startup plans to use the fresh proceeds for expansion, product development, capital expenditure, and working capital requirements.InfinityBox reported operating revenue of INR 17.81 crore in FY25, up from INR 5.70 crore in FY24. During the same period, the company narrowed its losses to INR 63.3 lakh from INR 3.45 crore.
In Aug 2022, InfinityBox had attracted about INR 6.15 Cr from WEH Ventures, Rainmatter Capital and others.
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