Frenvi Private Limited - Fundings for Edible Spoons & Cutleries

Posted On: 26 / Jul / 2022
0 846

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Recycling
Charge

Deal Status

Active

Deal Description

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

Attached Files

icon Frenvi IP (1) pdf

Deal Value
2 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed