Yantra Packs Secures Funding for Expansion in Reusable Packaging
Yantra Packs is making strides in the reusable packaging industry by successfully raising Rs 12 crore in a seed funding round led by Caret Capital. This Gurugram-based startup previously raised Rs 6 crore during a pre-seed round with Impact Infracap in December 2024. The newly acquired funds will be utilised to expand operations throughout India, enhance technological capabilities, and increase the scale of its reusable packaging asset pool.
About Yantra Packs
Established in 2020 by Vipin Battu and Karan Saharan, Yantra Packs focuses on providing reusable packaging assets, including pallets, crates, containers, and other returnable transport items via rental and pooling methods. Their innovative technology platform, Trakkia, facilitates asset tracking and supply-chain visibility. This helps businesses optimise asset utilisation, manage lifecycle processes, and lower costs associated with packaging.
Current Operational Scope
Yantra Packs services over 30 enterprise clients and boasts more than 250,000 containers actively circulating across eight warehouses, with over 100 customer touchpoints within manufacturing hubs. The company is positioned to compete directly with industry peers such as Leap India, Holisol Logisitics, Econovus, and Good Pack.
Investor Interest in Reusable Packaging
The reusable packaging market is witnessing a surge in investor enthusiasm. Companies like Econovus Packaging recently raised Rs 40 crore in a pre-Series A funding round led by Rainmatter, alongside participation from Rockstud Capital. Additionally, InfinityBox secured Rs 14.1 crore in a pre-Series A round, also led by Rainmatter.
