When was Econovus founded?

Econovus was founded in 2019 and raised its 1st funding round 7 years after it was founded.

Where is Econovus located?

Econovus is headquartered in Pune, India. It is registered at G NO -PAP B 73/1/2/3, WARALE TAL- KHED , DIST- PUNE, Pune, PUNE, Maharashtra, India, 410501.

Which legal entities is Econovus associated with?

Econovus is associated with ECONOVUS PACKAGING PRIVATE LIMITED.

How many employees does Econovus have?

As of Aug 31, 2025, the latest employee count at Econovus is 28.

Is Econovus a funded company?

Econovus is a funded company, having raised a total of $4.19M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 02, 2026.

How much is Econovus worth?

The latest valuation of Econovus is ₹***** as of Sep 15, 2026.

When was the latest funding round of Econovus?

Econovus' latest funding was a $***** Seed round on Oct 14, 2026, with participation from 1 investor.

What is the annual revenue of Econovus?

Annual revenue of Econovus is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Econovus rank among its competitors?

Econovus ranks 9th amongst 421 active competitors, of which 8 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Econovus, which secured $4.19M in Jul, 2026.

Who are the top competitors of Econovus?

Econovus' top competitors include Amcor, DS Smith and Aptar. Among them, Econovus secured the most recent funding round in October, 2026.

Econovus - 2026 Company Profile, Team, Funding, Competitors & Financials

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 421 active competitors, including 8 funded and 68 that have exited. Its top competitors include companies like Amcor, DS Smith 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
Social
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 2 rounds

Latest Funding Round

Seed, Oct 14, 2026, $*****

Post Money Valuation

₹***** as on Sep 15, 2026

Investors

Rainmatter & 1 more

Ranked

9^th among 421 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

28 as on Aug 31, 2025

Similar Companies

Amcor & 432 more

View Econovus' full profile

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)

Econovus has raised a total funding of $4.19M over 2 rounds. Its first funding round was on Jul 02, 2026. Its latest funding round was a Seed round on Oct 14, 2026 for $*****. 1 investor 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
Oct 14, 2026	5552071	Seed	2238945	6799712	9071710	3513599
Jul 02, 2026	1443661	Seed	4940577	2090851	Rainmatter	Rockstud Capital

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View details of Econovus's funding rounds and investors

The founders of Econovus are Ramesh Dinanath Prasad and Dipali Prasad.

Here are the details of Econovus' key team members:

Ramesh Dinanath Prasad: Founder & Managing Director 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
Ramesh Dinanath Prasad	Team	-	Current	7y 8m
Dipali Prasad	Independent board member	-	Current	3y 11m
x{mgomj	Independent board member	-	Past	1y 2m

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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Top competitors of Econovus include Amcor, DS Smith and Aptar. Here is the list of Top 10 competitors of Econovus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Amcor 1864, Zurich (Switzerland), Public	Provider of sustainability based packaging solutions	-	Carlton Investments, Djerriwarrh & 14 others	68/100
2nd	DS Smith 1940, London (United Kingdom), Acquired	Manufacturer of customer-specific packaging	-	Triodos Investment Management, Economy And Finance ... & 6 others	67/100
3rd	Aptar 1992, Crystal Lake (United States), Public	Provider of regulatory support, brand differentiation, and prototyping services	-	Al Zayani Investments	63/100
4th	Novolex 2004, Hartsville (United States), Acquired	Provider of packaging products & solutions	-	Goldman Sachs, Citi & 9 others	62/100
5th	Berlin Packaging 1898, Chicago (United States), Acquired	Supplier of plastic, glass, and metal containers	-	Oak Hill, ICG Enterprise Trust & 4 others	61/100
6th	International Paper 1898, Memphis (United States), Public	Manufacturer of paper and packaging products	-	Dillon Joyce	57/100
7th	ProAmpac 1971, Cincinnati (United States), Acquired	Manufacturer of flexible packaging solutions	$62M	IFP Investments, Pritzker Private Capital ... & 5 others	57/100
8th	P R Packaging 1990, Faridabad (India), Early Stage	Manufacturer of printed folding cartons, corrugated boxes, and bags	$869K	Rajasthan Venture Capital Fund, T Nine Logistics ... & 53 others	56/100
9th	Econovus 2019, Pune (India), Seed	Manufacturer of industrial packaging products for automotive and logistics sectors	$4.19M	Rainmatter, Rockstud Capital	57/100
10th	Tekni-Plex 1967, Wayne (United States), Acquired	Manufacturers of packaging and tubing materials	-	Weston Presidio, Drum Capital Management & 1 others	53/100

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Founders (largest shareholder) own 59.72%, Funds own 16.28%, Other People own 18.86% and ESOP Pool own 5.13%. The net worth of Econovus's founders is INR 114Cr as of Sep 15, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	59.72%	114Cr	4664908	4032566	6460519	7860490
Ramesh Dinanath Prasad	9663108	2105304	9816619	3927124	5903898	3350157
Fund	16.28%	31.1Cr	5940746	3376045	1903271	4713058
Rainmatter	6649607	6529067	6210438	9310032	8072797	4718846
Enrission India Capital	4	6	4	3	1	8
Rockstud Capital	8	1	3	5	2	7
Other People	18.86%	36Cr	5630656	1206947	3889299	9268700
ESOP Pool	5.13%	9.81Cr	20679	83555	41024	58824
Total	100.00%	191Cr	3010824	4910273	1424364	4597099