The corporate plans to lift ₹50 Crore by way of the IPO path to speed up its progress and enlargement
Nationwide, June 23, 2025: New Delhi-headquartered paper-tech startup Paper Arizona, which operates India’s main devoted B2B market for paper, pulp, packaging, and allied merchandise, has introduced that it has crossed the ₹100 Crore annual income mark in FY 2024-25. The bootstrapped firm, formally registered as Thirumals Paper Arizona Pvt. Ltd., additionally revealed its plans to go public with an Preliminary Public Providing (IPO) itemizing within the second half of 2026 (H2 CY2026), because it gears up for an aggressive progress part within the close to future.
Based in December 2022, Paper Arizona has created a disruptive, first-of-its-kind platform tailor-made for a historically fragmented and technologically underserved sector. The Indian paper trade has lengthy grappled with points like value volatility, opaque provide chains, and lack of digitization and know-how integration. Paper Arizona addresses these gaps by providing a tech-led, real-time market the place right this moment’s enterprise patrons and sellers can seamlessly join, negotiate, and transact throughout a big selection of paper-related merchandise, thereby remodeling how up to date Indian companies purchase and promote paper and associated merchandise.
“We’ve got constructed Paper Arizona from the ground-up, and we’re thrilled and proud to surpass the ₹100 Crore turnover milestone for our firm in lower than three years – an enormous validation and testomony to our mission and success journey. Right this moment, we’re worthwhile, and trusted by quite a few main corporates within the nation throughout FMCG, publishing, printing and packaging sectors. We’re on observe to hit ₹130 Crore within the present fiscal, and are actually gearing up for our IPO, which we imagine will energy our subsequent chapter of progress enlargement,” commented Ankitt Jain, Co-Founder and Chief Govt Officer, Paper Arizona.
Notably, Paper Arizona has raised ₹5 Crore in authorities grants thus far, and is working with 3500+ trusted patrons. The corporate has been, of late, present process IPO-readiness and due diligence assessments with a number of licensed businesses. Following optimistic evaluations (and go-ahead for IPO) obtained from these businesses’ reviews, Paper Arizona goals to lift roughly ₹50 Crore by its IPO subsequent 12 months. The funds shall be strategically directed by them in the direction of progress and scaling operations, together with upgradation of warehousing infrastructure, and launch of a brand new line of sustainable B2C retail merchandise made out of bamboo.
“Our groundbreaking platform has been constructed upon the core pillars of transparency, high quality excellence, and tech-led comfort. One other key differentiator is our robust dedication to sustainability – evident in our lively push for FSC-certified paper merchandise and environmentally accountable sourcing practices,” Ankitt Jain stated, including, “Our upcoming IPO is poised to provide us immense scale, worth, credibility, and momentum to develop exponentially and proceed to additional streamline India’s paper and paper-allied provide chain.”
Presently lively in 10+ cities throughout North India, Paper Arizona can be making an attempt to strengthen its regional footprints in North India and dominate its key markets, earlier than increasing into choose markets throughout Jap and Western India within the coming years. Thereafter, by 2030, Paper Arizona aspires to enter into worldwide markets, beginning with the Center East. Bolstered by the IPO fundraise, the corporate additionally plans to develop its consumer base considerably and improve its yearly income by 3-4x within the coming years.
Spearheading Paper Arizona’s phenomenal progress is its CEO, visionary chief Ankitt Jain – a fourth-generation entrepreneur hailing from a legacy paper enterprise household. After witnessing firsthand, the challenges and inefficiencies in India’s conventional procurement methods and the shortage of a unified B2B platform in a fast-growing market, he launched Paper Arizona with a mission to modernize the paper trade. With a safe, dependable, one-stop market providing all issues paper-related, he envisioned making enterprise procurement of paper merchandise as simple and seamless as ordering from Amazon.
Moreover operating his entrepreneurial enterprise Paper Arizona, Ankitt can be a famous start-up ecosystem mentor and angel investor who has guided over 150 start-up founders until date, in addition to invested in 18+ burgeoning start-ups corresponding to Shiplog, Oopar Membership, Healspan, Urja Sathi, Aptizeo, Double Area, and others. He additionally parallelly runs his widespread Youtube channel The Knick Knack Present – an awareness-oriented podcast geared toward societal betterment, which has amassed over 12,000 subscribers in a brief span of round 10 months since launch. At The Knick Knack Present, Ankitt has been internet hosting famend and influential personalities, highlighting a plethora of systemic social points, and sometimes by conversations, making an attempt to delve deep into uncovering scams, corruption, and malpractices within the society.
About Paper Arizona
Co-founded in late-2022 by Ankitt Jain and Sharlee Jain, Paper Arizona is India’s main paper-tech startup providing a B2B multi-vendor market for paper and allied merchandise. Our platform allows enterprises to purchase and promote all kinds of merchandise corresponding to copier paper, duplex boards, FBB, colored and specialty paper, and lots of extra.
With a tech-first method together with robust emphasis on transparency, sustainability, and effectivity, we at Paper Arizona are remodeling the way in which companies in India handle paper procurement. Right this moment, we’re the most important B2B market established solely to handle the effort of procuring and promoting paper merchandise. Our feature-rich, tech-enabled platform works with the target to strengthen the paper and paper-allied provide chain, and consists an intensive product vary, enabling the fulfilment of all of your paper-related necessities from one place.
Web site: www.paperarizona.com
