About Econovus
Econovus is a company based in Pune (India) founded in 2019 by Ramesh Prasad. It operates as a B2B. The company has 14 employees as of March 31, 2023. Econovus offers products and services including UN Certified Battery Packaging, Heavy Duty Export Packaging, Returnable Packaging, Solution Design & Engineering, and Expendable Packaging. Econovus operates in a competitive market with competitors including Sourceful, Manuva, Packhelp, AR Packaging and 48 Hour Print, among others.
- Headquarter Pune, India
- Employees 14 as on 31 Mar, 2023
- Founders Ramesh Prasad
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Sectors
ConsumerIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Econovus Packaging Private Limited
- Date of Incorporation 31 Jan, 2019
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$1.68 M (USD)83.03as on Mar 31, 2023
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Net Profit
$79.49 K (USD)73.49as on Mar 31, 2023
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EBITDA
$137.77 K (USD)85.99as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
14
as on Mar 31, 2023
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Products & Services of Econovus
Econovus offers a comprehensive portfolio of products and services, including UN Certified Battery Packaging, Heavy Duty Export Packaging, Returnable Packaging, Solution Design & Engineering, and Expendable Packaging. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure packaging for batteries meeting international standards.
Durable packaging for safe international goods transport.
Eco-friendly packaging designed for repeated use in industries.
Custom engineering for innovative packaging designs.
Cost-effective packaging for single-use industrial applications.
Specialized packaging for vehicle components and assembly.
Tailored packaging solutions provided directly at client sites.
Technology-focused solutions to enhance packaging sustainability.
Funding Insights of Econovus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Econovus
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Econovus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Econovus Comparisons
Competitors of Econovus
Econovus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sourceful, Manuva, Packhelp, AR Packaging and 48 Hour Print, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Web-based platform for sustainable sourcing and carbon tracking is provided.
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Platform connecting manufacturers, business owners, and retailers for packaging transactions
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| domain | founded_year | HQ Location |
Provider of custom-packaging solutions for businesses
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| domain | founded_year | HQ Location |
Custom carton and flexible packaging is manufactured for various industries.
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| domain | founded_year | HQ Location |
Custom printed products are provided via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Econovus
Frequently Asked Questions about Econovus
When was Econovus founded?
Econovus was founded in 2019.
Where is Econovus located?
Econovus is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does Econovus have?
As of Mar 31, 2023, the latest employee count at Econovus is 14.
What is the annual revenue of Econovus?
Annual revenue of Econovus is $1.68M as on Mar 31, 2023.
What does Econovus do?
Econovus Packaging delivers innovative and eco-friendly packaging solutions that reduce carbon footprint by up to 93 percent and costs by 10-15 percent. Using advanced engineering and high-technology materials, they serve industries like automotive and e-commerce. Based in Pune, India, they offer services such as UN-certified battery packaging and onsite solutions. Their operations emphasize sustainability and reliability, meeting client needs for export and returnable packaging.
Who are the top competitors of Econovus?
Econovus's top competitors include Sourceful, Packhelp and Nexgen Packaging.
What products or services does Econovus offer?
Econovus offers UN Certified Battery Packaging, Heavy Duty Export Packaging, Returnable Packaging, Solution Design & Engineering, and 4 more products and services.