Dharaksha
Sustainablity-Tech| Pre-Series A | B2B
Delhi, India
Dharaksha.com
Dharaksha Ecosolutions, an environmentally conscious startup based in Delhi and incubated at the Regional Center for Bio-Technology (RCB), specializes in the development of biodegradable packaging materials. With a dedicated mission to combat stubble burning and plastic pollution, the company focuses on creating sustainable alternatives through innovative solutions.
Boasting a robust research team led by experienced scientists, innovators, and entrepreneurs, Dharaksha utilizes mycelium as a medium to transform stubble waste into effective, breakage-free packaging for electronics and perishables. Their production process stands out for its eco-friendliness, as it avoids generating pollution fumes and toxic residues like Black Liquor.
Founders
Arpit Dhupar
Co-Founder and CEO | IIT Delhi
Former CTO at Chakr Innovation (Series B Funded)
Forbes 30 Under 30 awardee
UN Young Champion of Earth honoree
Anand Bodh
Co-Founder & CGO | 5+ Years experience
Worked extensive in successful start ups
(Chakr, ARbook, Story Express, pumpumpum)
Specialization in Sales, business development and operations
Key Highlights
ARR (Nov 23)
INR 60 lacs
Decomposition Time
60 Days
Letter of Intent
2 Cr/month
Dispatches
20000+ pieces/Month
SMEs onboarded
17+
Clients
Nestle|FB|Havells|V-guard
Key Investors
Deal Details
Current Deal Round
Seed
Round Size
INR 5 Cr (3.5 cr committed)
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
Pre-Money Valuation
Floor- INR 50 Cr
Cap- INR 80 Cr
Discount- 20%
Minimum Ticket Size per Investor
INR 3,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runners
Samarth Pandey
Smridh Kohli
Documents
Pitch Call Recording
Media
Shark Tank India’s Dharaksha Ecosolutions raises Rs. 24.8 Cr
As global efforts to combat plastic pollution intensify, Dharaksha Ecosolutions is making significant strides in revolutionising the packaging industry. The biotech-driven startup has recently secured ₹24.8 crores in seed funding, a critical boost that will propel its mission to create eco-friendly, biodegradable materials. This investment, led by Avaana Capital, follows a successful appearance on Shark Tank India, where Dharaksha’s innovative approach captured the attention of investors and the public alike.
