Tamul Plates Receives Investment from Artha Initiative and Upaya Social Ventures

Tamul Plates Marketing Pvt. Ltd., a Barpeta, Assam, India-based producer of palm leaf tableware, received an investment of undisclosed amount.

Backers included Artha Initiative and Upaya Social Ventures.

The company intends to use the funds to expand its operations across the region.

Led by CEO Arindam Dasgupta, Tamul Plates is a producer of disposable tableware in the Northeast of India – a region with more than 100,000 hectares of arecanut under plantation and one of the poorest areas of the country. The company produces and markets all-natural disposable plates and bowls made from arecanut (palm) tree leaves and sells them under the “Tambul Leaf Plates” brand.
Clients include restaurants, fast food establishments, event managers, and direct-to-consumer retailers.

FinSMEs

22/02/2015

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