PeelOn funding, investors and company details

PeelOn is an emerging Packaging & Disposables startup from Visakhapatnam, working in the space of Offefood packaging with sustainable, biodegradable solutions. Founded by Moturu, Venkata Ravi Sankar Ummid.

Company: Peelonagrifresh Private Limited
Sector: Packaging & Disposables
Location: Visakhapatnam
Founders: Moturu, Venkata Ravi Sankar Ummid

Company overview

PeelON is a pioneering biotech startup transforming food packaging with sustainable, biodegradable solutions. It tackles two major global issues—food waste and plastic pollution—through innovative material science. The company has developed 100% biodegradable packaging that extends the shelf life of fresh produce up to three times longer than conventional methods. This is achieved using plant-based additives blended into compostable polymers. PeelON’s technology slows down ripening and spoilage by releasing natural inhibitoand antimicrobial agents during packaging. Its product range includes films, liners, shrink-wraps, and bags designed to preserve freshness and minimize environmental impact.

Funding rounds

Latest round: $ 1.00 Mn (₹8.82 Cr.), 2025-08-20. Investors: GrowX Ventures, Boston Venture Group, Clean Energy Venture Group