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UKHI, a company that makes eco-friendly materials, has raised INR 10.5 crore in seed funding. The round was led by Venture Catalysts with support from 100 Unicorns, 888 VC, and DCG Pack which is also its industrial partner.
The company will use the new money to increase production of EcoGran, its main product. It will also improve its formulas and technology and build stronger partnerships in the packaging industry.
UKHI’s technology is designed to be scalable, affordable, and environmentally friendly. It helps brands reduce the use of petroleum-based plastics while maintaining the same strength, quality and performance.
Within six months, UKHI said it has built a commercially viable biopolymer platform, developed proprietary material intellectual property, and commenced market adoption across India’s packaging ecosystem. The company focuses on developing high-performance biodegradable and compostable materials that can replace conventional plastics while remaining compatible with existing manufacturing infrastructure.
Within just a few months, the company started earning revenue from large clients. It has already sold more than 2 lakh kilograms of biopolymer material to early customers showing strong demand for its products.
Over the next 12 months, the company aims to replace up to 24 lakh kilograms of single-use plastic. It has also achieved over 90% conversion from trials to commercial orders, which shows that customers are satisfied and the product fits well with market needs.
About UKHI
Founded in 2019 by Vishal Vivek, Priyanka Chauhan, and Sandeep Kumar Tyagi, UKHI focuses on creating sustainable materials that can replace traditional plastic.
UKHI develops compostable and eco-friendly alternatives to regular plastics. It uses agricultural waste and plant-based materials to make strong and reliable packaging products. The company aims to support a circular economy, where materials are reused and recycled instead of wasted.
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