Kolkata-based sustainable startup Amwoodo has secured $4 million (≈ ₹35–36 crore) in a pre-Series A round led by Rainmatter, with support from Adventz Group, Thinkuvate, and Caspian. The company specializes in bamboo-based alternatives to single-use plastics, supplying both B2B clients and consumers through its marketplace, Ecoconscious. With this fresh capital, Amwoodo plans to scale its manufacturing capacity, expand globally, launch new eco-brands, and strengthen its community outreach in bamboo-growing regions.
Amwoodo, a Kolkata startup focused on eco-friendly products, is making waves in India’s sustainability landscape. The firm has announced a $4 million (roughly ₹35–36 crore) funding infusion in its pre-Series A round. The lead backer is Rainmatter, joined by firms like Adventz, Thinkuvate, and Caspian.
Since its founding in 2019, Amwoodo has focused on replacing plastics with bamboo-centred alternatives. The startup has secured B2B tie-ups with major brands like Himalaya Wellness, Bombay Shaving Company, and ITC Hotels. Parallelly, it serves the direct-to-consumer market through its own green lifestyle marketplace, Ecoconscious.
With the new funds, Amwoodo aims to:
- Amplify its production and supply chain capabilities to meet rising domestic and export demand.
- Introduce additional product lines that offer plastic alternatives across categories.
- Deepen engagement in bamboo-growing regions to support local communities and enhance livelihoods.
- Double its revenue goals within the year by expanding its market footprint.
The CEO, Agni Mitra, underscores the mission: “We’re not just scaling a business, we’re fueling a movement to make ecoconscious living the norm, not the exception.”
For entrepreneurs in sustainability and climate tech, Amwoodo’s approach offers lessons: combining B2B and D2C channels, investing in vertical integration, and aligning product development with community impact strategies. As global demand for eco-alternatives grows, startups that root operations in both performance and purpose may have an edge.
