SynopsisEconovus Packaging has secured Rs 40 crore in a funding round led by Rainmatter. This capital will establish a manufacturing facility and a design centre in Pune. The company designs and manufactures sustainable industrial packaging solutions for various sectors. Econovus aims to reduce waste and lower logistics costs for its clients. This funding will also support expansion into Indian and global export markets.Sustainable industrial packaging startup Econovus Packaging has raised Rs 40 crore in a funding round led by Rainmatter by Zerodha, with participation from Rockstud Capital. Econovus designs and manufactures industrial packaging solutions for sectors such as automotive, lithium-ion batteries, solar, steel and defence. Its products include UN-certified lithium-ion battery packaging, export packaging and returnable packaging systems that aim toNow Playing