Carragreen has gained attention after its pitch on Shark Tank India. The company makes packaging from farm waste such as paddy straw and wheat straw. It secured funding on the show and has since increased its reach in India’s packaging market.

What Carragreen Does

Carragreen makes packaging and stationery products. It uses crop waste and recycled material instead of plastic.

The company offers:

• Packaging boxes
• Biodegradable spoons
• Recycled notebooks
• Paper-based pens and pencils

Its products aim to replace single-use plastic. The focus is on simple use and safe disposal.

Founders and Start

Carragreen was started by:

• Chetna Shah
• Surabhi Shah

The company began in 2018 in Indore. Surabhi Shah noticed waste from paper and packaging work. She looked for ways to reuse this waste.

Chetna Shah joined the work and helped grow the business. They built products that use farm waste and recycled paper. Their aim was to reduce plastic use and offer simple alternatives.

Carragreen Shark Tank India Deal

Carragreen pitched on Shark Tank India with an ask of ₹50 lakhs for 10% equity. After discussion, the deal closed at ₹50 lakhs for 20% equity.

The investors were:

• Anupam Mittal
• Peyush Bansal

The founders accepted a higher equity share to secure the deal. The funding helped the company expand its work.

Products and Design

Carragreen is known for simple product design. Its CarraBox is made from corn husk and wheat straw. The box can be split into plates and spoons. This removes the need for extra cutlery.

Another product is CarraSpoon. It is made from recycled cardboard. It can break down after use.

The company also makes:

• Seed paper diaries
• Recycled notebooks
• Gift items made from paper

These products support daily use with less waste.

Growth After Shark Tank India

After the show, Carragreen saw higher demand. The brand reached more buyers and added new partners.

Some key steps include:

• Work with food brands such as Haldiram’s and Balaji Snacks
• Tie-ups with delivery apps like Zomato and Swiggy
• Increase in orders for biodegradable spoons

The spoons became a main product for the company.

The show helped the brand reach large buyers.

Latest Updates (2025–2026)

Recent updates show that Carragreen is working to expand its packaging line. The company is focusing on:

• Reusable packaging
• More cities and partners
• Higher production levels
• Better supply chains

The founders aim to make most products reusable or easy to dispose.

The company is also working to lower costs so more buyers can adopt these products.

Demand for Eco-Friendly Packaging

Plastic waste is a major issue in India. Many companies now look for safer options.

Key reasons for demand:

• Rules to reduce plastic use
• Customer interest in clean products
• Growth of food delivery
• Focus on waste control

Carragreen uses farm waste to meet this demand.

Competition

Carragreen competes with:

• Plastic packaging makers
• Large packaging firms
• Other eco-friendly brands

Large firms have scale and lower cost. Small brands must focus on product value and design.

Carragreen uses simple design and waste-based materials to compete.

Challenges

The company faces some limits:

• Keeping prices low
• Sourcing raw material
• Convincing large buyers to shift from plastic
• Managing production at scale

The founders have worked on direct demos and samples to win clients.

Current Position

Carragreen is in a growth phase. It has funding, working products, and rising demand.

The company is building its network and adding new products. Its focus remains on eco-friendly packaging.

The next stage depends on cost control and scale.

FAQs

Q1. What is Carragreen?
Carragreen is a company that makes eco-friendly packaging and products using agricultural waste.

Q2. Who are the founders of Carragreen?
Carragreen was founded by Chetna Shah and Surabhi Shah.

Q3. What happened to Carragreen on Shark Tank India?
Carragreen secured ₹50 lakhs for 20% equity from Anupam Mittal and Peyush Bansal.

Q4. What products does Carragreen offer?
Carragreen offers packaging boxes, biodegradable cutlery, and recycled stationery products.