Pakka Limited has raised structured debt financing

Pakka Limited has successfully completed a fundraising.

Pakka Limited is one of India’s largest manufacturers of regenerative packaging, including compostable molded tableware products for food carry solutions. This sustainable packaging is made from agricultural residue, with 90% of the raw materials sourced locally from agricultural waste. The company’s manufacturing facility in Uttar Pradesh employs over 450 people and operates three paper machines, with a combined production capacity of 39,100 MTPA.

Oaklins’ team in India advised the client on raising US$27 million in pre-equity financing in three tranches to fund equity for overseas expansion.