Sustainably Yours

At Xolopak™, our resolute conviction is derived from the fundamental philosophy that we are only borrowing the planet from our future generations to come. We work very hard to leave behind a better world for them. Each purchase our customers make, contributes to our mission of moving the world towards a more sustainable living.

Where innovation meets eco-friendly, that's where Xolopak™ begins.

Years in business
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Founders Note

Dear beloved humans,
We exist because of the Earth. The Earth does not exist because of us. Xolopak™ began with the belief that there is no 'Plan'et B. Hence, sustainability isn't just a buzzword for us; it's the heart and soul of everything we do. It is the basis of our existence. Just as ants build an anthill with every speck of dirt, we at Xolopak™ play our small part in saving our planet from unsustainable plastic waste one eco-friendly product at a time.


Sustainably Yours,
Shashank

Our Values

Best

Be the best in every
aspect of work

Innovative

Lead through innovation

Customer

Customer needs first

Sustainable

Sustainability takes precedence

Milestones

2014

Firm established as Hermes Globetrade; airlaid and tissue napkins are imported

2017

  • Company constitution changed to Pvt. Ltd. and renamed as Vrag Fils Airlaid Pvt. Ltd.
  • Napkin converting, paper plate production established
  • Imported wooden cutlery segment started

2018

Wooden cutlery production increases

2019

Icecream sticks and spoons division added

2020

Amul onboarded as the first customer

2022

  • Mother Diary onboarded as customer 
  • Company name changed to Xolopak™

2023

  • Crosses 11 crores by March 2023 (ie; FY 2022-23)
  • Crossed 14 crores in sales by Sept 2023 (half-year)

2024

  • Raises funds through 1st pre IPO round 
  • Crosses 31 crores in sales

Vision

To be a global leader in Biodegradable disposable packaging industry, with distinct leadership in ESG compliant operations.

We strive to remain a Sustainably Yours company, creating innovative disposable packaging solutions that brings joy to our customers investors employees communities partners planet

Board Of Directors

Shashank Mishra

Managing Director & CEO

Shashank Mishra is a serial entrepreneur. Although his journey started at the young age of 13 years, his Xolopak adventure began in 2014.

As the Managing Director & CEO, Shashank and his team contribute to working towards creating a world-class organization and being a leader in the sustainable disposable packaging industry, keeping the Ethos of E (Environment), S (Sustainability), G (Governance) as the core of our business strategy.

He has kept BICS (Be the (B)EST, (I)nnovate, (C)ustomer is key to our existence, and (S)ustainability) as the foundation of the value system at Xolopak.

Before becoming an entrepreneur, Shashank worked in the Indian financial services industry for 13 years with renowned organizations such as Kotak, Travelex, MetLife, Nippon Asset Management & Thomson Reuters.

In his last assignment, he worked as the National Sales Manager (South Asia & Middle East) at Goldensource Corporation, where he managed sales operations for South Asia and the Middle East.

He has ventured into other businesses such as Milk Collection and Distribution-India, Airlaid Napkin sales and exports from Europe to South Africa, Egypt, and India. He has run businesses successfully in Europe before establishing a business in India.

Shashank holds an MBA in Finance from Neoma Business School, France.

Banani Chatterjee

Executive Director

Ms. Banani Chatterjee is a resident of India. She holds a Master’s degree in Computer Applications with 19 years of experience in various roles in the field of Data and Analytics. Currently, she manages Data Solutions and Operations for the Fiber and Food services segment at Huhtamaki Oyj, Finland. She has prior experience in a similar capacity at AFRY, Finland, and Infosys Ltd.

Koel Ghosh

Independent Director

Koel Ghosh is a seasoned professional currently consulting as the Head of Strategic Initiatives at ETF Junction, a cutting-edge fintech platform dedicated to promoting the widespread adoption of ETFs in both local and global investment portfolios. With over two decades of experience in the financial industry, Koel has held key leadership roles driving regional and commercial strategies.

As the former Head of South Asia at S&P Dow Jones Indices and the Managing Director and CEO of Asia Index Private Limited, a joint venture index business with BSE, she has spearheaded initiatives that have significantly contributed to the growth of passive investing in India.

Koel’s passion for revolutionizing investment practices through education and advocacy has made her a well recognized figure in the realm of passive investing. Her comprehensive expertise in asset management spans various renowned financial institutions such as Thomson Reuters, UTI Asset Management, and IL&FS Asset Management Limited.

A Chartered Accountant by profession, Koel’s outstanding contributions to the finance sector have been acknowledged by the Association of International Wealth Management of India (AIWMI), which named her one of the top 100 women in finance in India in 2019.

With her deep experience and strength in building growth strategies, she aids in developing robust frameworks, paving the way for innovative solutions and profitable businesses.

 

 
 
 

Srinivas Rao

Independent Director

Srinivas Rao is an internationally acclaimed business visionary and strategist. He has been associated with organizations like ITC Ltd, IRRI, ICRISAT, TiE, BMGF, and has expertise in the areas of corporate agri-business, structuring business models, profit center head, inclusive value chains, innovative use of ICT, and technological breakthroughs.

He has also been supporting emerging businesses and startups with mentorship, corporate governance, workshops, investor meets, funding, advocacy, etc., across multiple domains such as pharma, agri-tech, ICT, FMCG, retail, real estate & co-working space.

Srinivas did his Bachelor’s in Commerce (Hons) from Delhi University and completed his Master’s in Business Management from the Asian Institute of Management, Philippines, and other senior executive management courses from Cornell University, Administrative Staff College of India, Kansas State University, Indian Institute of Management (Ahmedabad).

Vijay Prakash Rai

Independent Director

Mr. Vijay Prakash Rai aged 49 years is an Independent Director of the Company. He holds the degree of Bachelor of Arts from University of Allahabad in the year 1997 and holds degree of Master of Business Administration from Shivaji University,Kolhapur in the year 2000. He has more than 13 years of experience in the field of Sales Representative.

 
 

Ajay Bisaria

Independent Director

Ajay Bisaria is a corporate strategic advisor and commentator on international affairs. He is a Distinguished Fellow at the Observer Research Foundation. Ambassador Bisaria has had a distinguished diplomatic career spanning 35 years in the Indian Foreign Service, which included serving as Indian envoy to Canada, Pakistan, Poland and Lithuania.

He has also represented the country at the World Bank in Washington DC and served in the Prime Minister’s Office, where he was a key aide to Prime Minister Vajpayee from 1999 to 2004. He has a Bachelor’s Degree in Economics from St Stephen’s College, Delhi University; an MBA from IIM Calcutta; and a Master’s Degree in Public Policy from Princeton University.

 
 
 

Management Team

Shashank Mishra

Managing Director & CEO

Shashank Mishra is a serial entrepreneur. Although his journey started at the young age of 13 years, his Xolopak adventure began in 2014.

As the Managing Director & CEO, Shashank and his team contribute to working towards creating a world-class organization and being a leader in the sustainable disposable packaging industry, keeping the Ethos of E (Environment), S (Sustainability), G (Governance) as the core of our business strategy.

He has kept BICS (Be the (B)EST, (I)nnovate, (C)ustomer is key to our existence, and (S)ustainability) as the foundation of the value system at Xolopak.

Before becoming an entrepreneur, Shashank worked in the Indian financial services industry for 13 years with renowned organizations such as Kotak, Travelex, MetLife, Nippon Asset Management & Thomson Reuters.

In his last assignment, he worked as the National Sales Manager (South Asia & Middle East) at Goldensource Corporation, where he managed sales operations for South Asia and the Middle East.

He has ventured into other businesses such as Milk Collection and Distribution-India, Airlaid Napkin sales and exports from Europe to South Africa, Egypt, and India. He has run businesses successfully in Europe before establishing a business in India.

Shashank holds an MBA in Finance from Neoma Business School, France.

Manish Sharma

Assistant Vice President – Plant Admin. & Industrial Relations

Manish Sharma joined the group in April 2022. He leads the plant Admin. & Industrial Relation, he along with his team contributes in overseeing and managing the entire scope of Plant Administration, ensuring smooth and efficient operations and maintain a safe, secure, and compliant work environment for all employees and visitors.

Prior to Xolopak Manish has worked with Bhopal Incinerators Ltd.

He is a seasoned professional with a remarkable 22-year career in plant management. In his previous roles he has successfully overseen plant operations encompassing the efficient disposal of Bio Medical Waste and executed cost reduction strategies, equipment maintenance, safety and workforce motivation.

Manish’s holds an MBA in Finance and a Post Graduate diploma in Advance software from MP university.

Aayasha Khan

Head – Human Resources

Aayasha joined the group in December 2023 and heads the Human Resource Division. Along with her team, she significantly contributes to Xolopak’s development and success by optimizing its most valuable resource – its people. She aligns HR strategies with the organization’s strategic goals, instrumental in driving growth and competitiveness.

Before joining Xolopak, Aayasha worked for 14 years with prominent industry players like Red Bull India, Dover Fueling Solutions, NielsenIQ, and Axens Global Engineering and Execution Centre (AgeX).

Her diverse industry experience lends a broader perspective to organisational/culture design and development. She has a strong track record of successfully executing mergers and acquisitions, as well as building employee strength for high-growth organizations.

Aayasha holds a Postgraduate Diploma in Human Resource from Welingkar Institute of Management Development and Research.

Arjun Dhangar

Administration Assistant

Arjun joined the group in January 2024, He is an indispensable member of Xolopak India Limited, plays a crucial role in supporting day-to-day operations and facilitating the work of executives and teams.

With his diverse skill set and dedication to efficiency, he contributes significantly to the success and productivity of the organizations.

Vinod Desai

Manager - Supply Chain

Vinod joined us in the month of June 2024. Vinod along with his team handles end to end supply chain operations of the company.

Vinod brings more than 15 years of experience in the field of Supply Chain.

Prior to joining Xolopak, Vinod has previously worked with organizations such as V-Trans, Reader’s Digest and Wow Express wherein he honed his skills in the field of Warehousing, Fulfilment and Logistics Management. Vinod is a Bachelors in Commerce from Mumbai University.

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