The funding will support Ukhi’s efforts to scale its production, enhance its materials research, and expand its sustainable packaging offerings globally.
Faridabad-based biomaterials startup Ukhi, focused on developing sustainable, biodegradable packaging solutions, has announced that company 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, and debt funding from the Small Industries Development Bank of India (SIDBI). The funding will support Ukhi’s efforts to scale its production, enhance its materials research, and expand its sustainable packaging offerings globally.
Founded in 2019 by Priyanka Chauhan, Vishal Vivek, and Sundeep Kumar Tyagi, Ukhi specialises in producing compostable biomaterials derived from agricultural residues. The company’s innovative, patent-pending technology offers a viable alternative to traditional plastics, contributing to the bioeconomy and helping industries transition to more eco-friendly practices.
The startup’s cutting-edge biomaterials are based on lignocellulosic agricultural waste, providing scalable, sustainable alternatives to plastic. Ukhi aims to make a significant impact by offering biodegradable packaging solutions that help industries reduce their environmental footprint and accelerate the adoption of circular, sustainable practices.
With operational bases in Haryana and Uttarakhand, the startup aims to tackle plastic pollution and reduce crop burning by using agricultural residues as raw materials. Its biomaterials serve as the foundation for a range of sustainable packaging products, targeting industries such as food and retail. With this funding, Ukhi plans to drive industry-wide transformation while competing with players like Traceless and Advanced Biomaterial Company in the growing biomaterials sector.
