Titans of tapioca: Poonawallas invest in starch bag maker Regeno
In India, prominent industrialists Yohan and Michelle Poonawalla of the Poonawalla Group have made an unspecified investment in biodegradable bag maker Regeno Ventures Pvt Ltd. Based in Coimbatore, Regeno produces 100% biodegradable carry, garbage, and garment bags using materials comprised mostly of tapioca, along with other vegetable starches and natural extracts.
“Regeno represents a strategic shift in how industries will operate in the coming decade,” Yohan Poonawalla, Chairman of the Poonawalla Group, told Entrepreneur. “The future of packaging lies in materials that are high-performance, scalable, and environmentally neutral.”
Category: Chemicals & Materials
