Paper Arizona supplies paper, duplex and packaging board as a niche raw-materials supplier to publishers, printers and FMCG packagers. The company uses email and WhatsApp marketing to reach procurement customers and reports a customer database of 3,000+ procurers. The founder, Ankit Jain, is a fourth-generation paper-industry professional who scaled family business turnover from ₹15 crore to over ₹200 crore per annum. Paper Arizona is incorporated and recognized as a startup by the Government of India (Ministry of Commerce & Industry, DPIIT). The company recently received Seed funding of $2.2 million from private angel investors and was awarded Best Startup of the Year in the Paper and Products category by the 3rd Edition MSME India Business Awards. It is targeting a $20 million venture capital raise to expand operations in the Asian market.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2023