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§ Private Profile · PLOT NO-2A FIRST FLOOR KH NO 294 KEHAR SINGH STATE SAIDULAJB VILLAGE LANE NO 2, South West Delhi, DELHI, Delhi, India, 110030
Biodegradable packaging company developing mycelium-based materials from agricultural waste, replacing plastics for businesses.
Founded by Arpit Dhupar and Anand Bodh, Dharaksha Ecosolutions is a Faridabad, India-based company developing biodegradable packaging materials and medium-density fibreboard alternatives from agricultural waste using mycelium technology. Operating from a 27,000-square-foot manufacturing facility, the enterprise processes crop stubble to produce protective packaging that completely decomposes into the soil within 60 days. To date, the operation has successfully transformed over 7,000 tons of agricultural waste and currently dispatches more than 20,000 packaging pieces per month to its expanding base of business customers. The company supplies its breakage-free packaging solutions for electronics, perishables, and fragile goods to major corporate clients including Nestle, Facebook, Havells, and V-Guard. In 2024, the firm secured $2.95 million in a seed funding round led by Avaana Capital, bringing its total raised capital to approximately $3.47 million following an earlier $522,000 investment.
Dharaksha Ecosolutions has raised $3.0M across 1 funding round.
Dharaksha Ecosolutions has raised $3.0M in total across 1 funding round.
Dharaksha Ecosolutions is a technology-driven environmental sustainability startup specializing in biodegradable packaging materials made from crop stubble waste. Its products serve sectors like ecommerce and retail that require eco-friendly packaging solutions, aiming to replace traditional plastic and Styrofoam packaging. By converting agricultural residue into packaging, Dharaksha addresses both plastic pollution and the harmful practice of stubble burning, which contributes to severe air pollution in northern India. The company has demonstrated growth momentum with over $3 million raised in seed funding and increasing market traction since its founding in 2020[1][2].
Founded in 2020 and based in New Delhi/Faridabad, India, Dharaksha Ecosolutions emerged from the urgent need to tackle environmental pollution caused by plastic waste and crop stubble burning. The founders, including CEO Arpit Dhupar, recognized the dual environmental challenge posed by agricultural residue and plastic packaging waste. Their solution was to develop a biodegradable packaging alternative from paddy straw waste, which decomposes within 60 days yet outperforms traditional thermocol (Styrofoam) in functionality. Early traction came from positioning the company close to pollution hotspots and manufacturing hubs, enabling them to address the problem at its source and serve local industries effectively[1].
Dharaksha Ecosolutions rides the growing global and regional trend toward climate tech and circular economy solutions. The timing is critical as governments and consumers increasingly demand sustainable alternatives to plastic, and regulatory pressure mounts to reduce pollution. The company leverages agricultural waste, a traditionally underutilized resource, turning an environmental liability into a valuable input. This aligns with broader market forces favoring biodegradable materials, waste valorization, and sustainable supply chains. By addressing both packaging waste and crop residue burning, Dharaksha contributes to cleaner air and sustainable agriculture, influencing the Indian startup ecosystem’s focus on climate-positive innovations[1][2].
Looking ahead, Dharaksha Ecosolutions is poised to expand its product reach and scale manufacturing to meet growing demand for eco-friendly packaging in India and potentially global markets. Trends such as stricter environmental regulations, rising consumer awareness, and advances in biodegradable materials will shape its trajectory. The company’s influence may grow as it demonstrates a viable model for converting agricultural waste into commercial products, inspiring further innovation in climate tech and sustainable packaging. Continued investment and partnerships could accelerate its impact on reducing plastic pollution and improving air quality in pollution-prone regions[1][2].
Dharaksha Ecosolutions has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in September 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2024 | $3M Seed | — | Avaana Capital, Better Capital, General Catalyst, GSF Accelerator, V3 Ventures, Kunal Shah, Pras Hanuma | Announced |
Dharaksha Ecosolutions has raised $3.0M in total across 1 funding round.
Dharaksha Ecosolutions's investors include Avaana Capital, Better Capital, General Catalyst, GSF Accelerator, V3 Ventures, Kunal Shah, Pras Hanuma.