Econovus develops bespoke industrial packaging solutions built on engineered, IP-backed materials aimed at reducing manufacturers’ packaging costs and carbon emissions. Founded in 2019 by Ramesh Prasad and based in Pune, the company positions its offerings as engineered, digital, and sustainable alternatives for industrial customers. Econovus recently completed its maiden institutional raise of ₹40 Cr in a pre-Series A round led by Rainmatter with participation from Rockstud Capital. The fresh capital will fund expansion into high-growth verticals such as automotive, lithium-ion batteries, solar infrastructure, steel, and defence. Management has emphasized scaling commercial deployment across these sectors as a near-term priority.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2026