Social Alpha, Villgro, Brigade REAP invest $375,000 seed in Strawcture Eco

The recipient is a sustainable construction start-up that develops biopanels from agriculture reside

investment, investors, savings, mf, funding, tech, economy, gdp, aif, alternative investment fund, capital, startups, tech, savings, money, cash, shares, funds, equity
BS Reporter Mumbai
2 min read Last Updated : Mar 03 2022 | 6:28 PM IST
Social Alpha, Villgro Innovations Foundations and Brigade REAP announce seed investment of $375,000 in Strawcture Eco, a sustainable construction startup, to build next-generation green building materials that are durable, affordable, and sustainable. The company also saw participation from Rahul Talwar (Director, DLF Family Office) and some HNIs.

Strawcture Eco develops engineered bio-panels out of agricultural residues. The company also said that Strawcture Eco prevents stubble burning by creating an alternative application for agricultural waste that provides better incentives to farmers. Further, the construction sector’s enormous carbon footprint, coupled with high-water requirements during the lifecycle of construction, makes the company’s bio-panels the ideal, impact-driven alternative.  

The company, whose revenue doubled during the past two years despite Covid-19, services clients in more than 11 states. Some of its key clients include ICICI Infrastructure, Heritage Experiential International School, Jayadeva Hospital, and SELCO Foundation.

The real estate sector contributes significantly to global warming, and also responsible for depleting natural resources. A large part of the greenhouse gases emitted on account of construction activity remains embodied in buildings forever, resulting in an unsustainable growth model.  

In India, only five per cent of structures claim to be green buildings under the guidelines of the Indian Green Building Council (IGBC) set up in 2001. India is expected to witness strong growth in the green building sector, thus increasing the demand for green building materials.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Startupfunding

Next Story