This article reports the room temperature, gram-scale synthesis of a novel, bio-based 4',5'-dintro anacardic acid copper(II) complex (2 : 1 form) and its application as a homogeneous catalyst for room temperature synthesis of 1,4-napthoquinone based indolizines. The bio-based 4',5'-dinitro anacardic acid copper(II) complex was derived from cashew nut shell liquid which is a renewable but underutilized agro by-product of the cashew industry. The synthesized copper complex was characterized through different techniques such as FT-IR, UV, ESI-MS, 1 H NMR, 13 C NMR, TGA, ICP-MPAES, and HPLC analysis. To evaluate catalyst performance, the synthesis of indolizine resulting from a three component reaction of 1, 4-naphthoquinone, pyridine, and ethyl acetoacetate was taken as a model reaction. Due to structural advantages, performance of the catalyst was excellent over the conventional copper salts in an array of green solvents. Further, the catalyst performance was tested using 3-substituted pyridines in model reaction and gave excellent regioselectivity. This article highlights the novel applications of naturally occurring anacardic acid and its copper derivatives in organic transformations.