Deal Type
Industry
Deal Status
Frenvi is an Indo- German start-up with its head office located in Mannheim, Germany, and production facility in India. Frenvi is a green-tech start-up, focussing on plastic waste reduction by producing zero waste disposable tableware for food service packaging sector. Frenvi replaces cutleries with EATlery® made from natural food ingredients and research on Circular- Bioeconomy approaches to upcycle bio-residues from food and beverage industries to produce other disposable tableware.
The global disposable tableware market was valued at worth of 29.7 billion USD with market growth rate at 4% per year. The rising market consumption of such products leaves the environment with a threat of alarming levels of plastic pollution. Frenvi’s approach to tackle this challenge is with its research, technological and mass production strength. Our internationally recognised quality standards make EATlery® products widely accepted globally in international markets like Europe, Australia, United States, Canada, Middle- East, United Kingdom and various other countries.
Frenvi Private Limited was incorporated on 03 September 2020. Frenvi develops and researches compostable solutions from waste materials. Recycling of metal waste and scrap from rejected aluminum, utensil, containers and other used metallic items etc.
Seeking: INR 2 Crores
Equity: 15%
Valuation: INR 13.5 crores
For our Seed funding round
Frenvi IP (1) pdf