Econovus - About the company
Econovus is a seed company based in Pune (India), founded in 2019 by Ramesh Dinanath Prasad and Dipali Prasad. It operates as a Manufacturer of industrial packaging products for automotive and logistics sectors. Econovus has raised $4.19M in funding from Rainmatter, with a current valuation of ₹*****. The company has 289 active competitors, including 7 funded and 65 that have exited. Its top competitors include companies like DS Smith, Amcor and Aptar.
Company Details
Manufacturer of industrial packaging products for automotive and logistics sectors. Production focuses on heavy duty export containers, returnable packaging systems, and expendable materials designed for vehicle components. These products facilitate the transport of batteries and various mechanical parts. Engineering processes prioritize material efficiency and structural integrity for shipping requirements.
- Website
- econovus.co.in
- Email ID
- *****@econovus.co.in
- Phone Number
- +91 **********
- Registered Address
- G NO -PAP B 73/1/2/3, WARALE TAL- KHED , DIST- PUNE, Pune, PUNE, Maharashtra, India, 410501
Key Metrics
Founded Year
2019
Location
Pune, India
Stage
Seed
Total Funding
$4.19M in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Jul 02, 2026
Investors
Ranked
9th among 289 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
28 as on Aug 31, 2025
Legal entities associated with Econovus
Econovus is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ECONOVUS PACKAGING PRIVATE LIMITED CIN: U25209PN2019PTC181840 , India, Active | Jan 31, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 28 (As on Aug 01, 2025) |
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Econovus's funding and investors
Econovus has raised a total funding of $4.19M over 1 round. Its latest funding round was a Seed round on Jul 02, 2026 for $*****. 2 investors participated in its latest round. Econovus has 2 institutional investors.
Here is the list of recent funding rounds of Econovus:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 02, 2026 | 3864333 | Seed | 7847912 | 2769519 | 9450560 | 8080465 |
View details of Econovus's funding rounds and investors
Econovus' founders and board of directors
Founder? Claim ProfileThe founders of Econovus are Ramesh Dinanath Prasad and Dipali Prasad.
Here are the details of Econovus' key team members:
- Ramesh Dinanath Prasad: Co-Founder & MD of Econovus. They serve on the board of 1 company.Contact Info: 1 phone number
- Dipali Prasad: Co-Founder & Director of Purchase, Finance & HR of Econovus.
Econovus' Board of Directors
Econovus's board has 3 active members. Ramesh Dinanath Prasad is part of team and Dipali Prasad and Swapneswar Pradhan are independent board members.Here is the list of Econovus' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 6m | |
Independent board member | - | Current | 3y 9m | |
uecnxsl | Independent board member | - | Current | 2y 5m |
View details of Econovus's Founder profiles and Board Members
Econovus' employee count trend
Econovus has 28 employees as of Aug 25. The total employee count is 27.0% more than what it was in Aug 24. Here is Econovus's employee count trend over the years:
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Econovus's Competitors and alternates
Top competitors of Econovus include DS Smith, Amcor and Aptar. Here is the list of Top 10 competitors of Econovus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DS Smith 1940, London (United Kingdom), Acquired | Manufacturer of customer-specific packaging | - | 67/100 | |
2nd | Amcor 1864, Zurich (Switzerland), Public | Provider of sustainability based packaging solutions | - | 67/100 | |
3rd | Aptar 1992, Crystal Lake (United States), Public | Provider of regulatory support, brand differentiation, and prototyping services | - | 63/100 | |
4th | Novolex 2004, Hartsville (United States), Acquired | Provider of packaging products & solutions | - | 61/100 | |
5th | Berlin Packaging 1898, Chicago (United States), Acquired | Supplier of plastic, glass, and metal containers | - | 61/100 | |
6th | ProAmpac 1971, Cincinnati (United States), Acquired | Manufacturer of flexible packaging solutions | $62M | 57/100 | |
7th | Plastic packaging manufacturer | - | 57/100 | ||
8th | P R Packaging 1990, Faridabad (India), Early Stage | Manufacturer of printed folding cartons, corrugated boxes, and bags | $869K | 56/100 | |
9th | Manufacturer of industrial packaging products for automotive and logistics sectors | $4.19M | 55/100 | ||
10th | Berry Global 1967, Evansville (United States), Acquired | Plastic packaging and protective solutions manufacturer | - | 54/100 |
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Econovus's Investments and acquisitions
Econovus has made no investments or acquisitions yet.
Reports related to Econovus
Here is the latest report on Econovus's geography:
News related to Econovus
Media has covered Econovus for 1 event in last 1 year.
•
•
India’s first automotive packaging company to achieve carbon neutralityAutocar Professional•Aug 02, 2024•Econovus
•
Econovus Packaging becomes India’s first green automotive packaging companyAutocar Professional•Sep 13, 2021•Econovus
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