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Industrial packaging startup Econovus Packaging raised ₹40 Cr ($4.2 Mn) in a pre-Series A round led by Rainmatter by Zerodha and Rockstud Capital. The Pune-based company, founded in 2019 by Ramesh Prasad, will use the funds to expand into automotive, lithium-ion battery, solar, steel, and defence sectors.
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Summary by ByteBrief
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