Pakka Limited has raised equity
August 2024 — Pakka Limited has successfully completed a fundraising. These funds will accelerate the expansion of production capabilities, boost research and development and scale operations to meet the growing market demand for sustainable solutions. The equity raised will also play a key role in Pakka Limited’s mission to combat single-use plastics in food packaging and drive the adoption of eco-friendly, compostable packaging paper.
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.
Our role in the transaction
Oaklins’ team in India advised Pakka Limited on raising equity to fund one of the largest brownfield expansion projects in the company’s history.
Talk to the deal team
Related deals
Tandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi
Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.
Learn moreICOP has transferred its listing from Euronext Growth Milan to Euronext Milan
ICOP S.p.A. has transferred its listing from Euronext Growth Milan to Euronext Milan.
Learn more7BidCo has completed the sell-out procedure for the shares of STAR7
7BidCo S.p.A. has completed the sell-out procedure for 8.5% of STAR7 S.p.A.’s shares.
Learn more