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( As on 13/10/2025 16:41)

EF Polymer raises Rs 157.83 cr to scale Bio-Based Polymer Innovation Globally

EF Polymer, a Udaipur-based deep tech startup developing 100% bio-based super absorbent polymers from agricultural waste, has raised USD 17.8 million Rs 157.83 crore) in a Series B funding round via third-party allotment, the company announced on Monday.

Founded by Ankit Jain, Puran Singh Rajput, and Narayan Lal Gurjar, EF Polymer transforms farm residue into biodegradable polymers that enhance soil water retention and reduce irrigation needs, earning recognition from the Prime Ministers of India and Japan.

Founder Narayan Lal Gurjar said, "This funding is more than a financial milestone. It's a celebration of purpose-driven progress."

The capital will help expand EF Polymer’s bio-based polymer innovation globally, strengthening its sustainable agriculture solutions.