About Banofi
Banofi is an Environment company based in Kolkata (India) founded in 2022 by Jinali Mody. Provider of environmental consultancy, waste management, and textiles services. The company has 10 employees. Its chief executive, as recorded, is Jinali Mody. Its website banofileather.com draws about 21 thousand monthly visits. Its Indian entity Atma Innovation Private Limited reported revenue of ₹30.2 Lakh. Banofi offers products and services including Ban-o-Fi and Leather Alternatives. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Upcycling.
Company details
Banofi was established in 2022 in Kolkata, India, focusing on environmental and textiles sectors. Environmental consultancy services are delivered to support sustainability efforts, while waste management solutions are implemented for efficient resource handling. Textiles operations encompass production and related processes, with all activities centered in the Indian market. The company is led by founder Jinali Mody as CEO.
- Headquarters Kolkata, India
- Employees 10
- Founders Jinali Mody
- SectorsEnvironment
- Email••••••••
- Website banofileather.com
- Social LinkedIn X Instagram
- Legal Name Atma Leather Private Limited
- Date of Incorporation 11 May, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹30.2 Lakh
FY 2023
- Net Loss-₹47 Lakh
FY 2023 · -156% margin
- EBITDA-₹59.4 Lakh
FY 2023 · -197% margin
- Latest Funding Round$23.91K (USD), Grant
Sep 2024
- InvestorsSocial Alpha
& 1 more
- Employee Count10
Associated legal entities of Banofi
Banofi operates through Atma Innovation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Atma Innovation Private Limited CIN U19119MH2022PTC382431 | Active | 11 May 2022 | Mumbai, Maharashtra | ₹0.3 Cr | 10 | 3 | View details |
Products & Services of Banofi
Banofi offers a comprehensive portfolio of products and services, including Ban-o-Fi and Leather Alternatives.
Plant-based leather made from banana waste for eco-friendly fashion.
Materials for furniture and automotive using upcycled agricultural waste.
Funding Insights of Banofi
- Total Rounds 1
- Last Round Grant — $23,906
- First Round $23,906
(Sep 2024)
- Investors Count 2
All 1 funding rounds of Banofi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $23,906 | Grant | – | Social Alpha |
2 investors in total: 2 institutional.
Investors in Banofi
Banofi has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Social Alpha and H&M Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable startups are supported via innovation curation and venture funding. | socialalpha.org | Bengaluru, India | ||
H&M Foundation is focused on sustainable textile industry solutions. | hmfoundation.com | Stockholm, Sweden |
Investor details for Banofi
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Board of directors of Atma Innovation Private Limited (Banofi)
Atma Innovation Private Limited is the primary company behind Banofi. The board of Atma Innovation Private Limited currently have 3 directors; the longest-serving is Pranabh Dinesh Mody, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pranabh Dinesh Mody DIN 00035505 | Director | 11 May 2022 | 4 yrs 5 mo | Atma Innovation Private Limited |
| Jinali Pranabh Mody DIN 09602542 | Director | 11 May 2022 | 4 yrs 5 mo | Atma Innovation Private Limited |
| Kaushal Anil Sanghvi DIN 09182423 | Director | 12 Dec 2022 | 3 yrs 10 mo | Atma Innovation Private Limited |
People of Banofi
1 people are tracked at Banofi (1 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Banofi
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Financials of Banofi
Figures of Atma Innovation Private Limited, the primary company behind Banofi, for FY 2023. Revenue was ₹30.2 Lakh. Net loss was -₹47 Lakh (-156% margin). EBITDA was -₹59.4 Lakh (-197% margin).
- ₹30.2 LakhRevenue · FY 2023
- -₹47 LakhNet loss · -156% margin
- -₹59.4 LakhEBITDA · -197% margin
- ₹20 LakhPaid-up capital
- 10Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Atma Innovation Private Limited are on its company page.
Detailed financial statements for Banofi
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Timeline of Banofi
2 dated milestones of Banofi across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Banofi is founded.
- Funding First funding round of $24K.
Web traffic of Banofi
The website of Banofi (banofileather.com) receives about 21.5K visits a month.
- Monthly visits21.5K
▲ 103.5% vs previous month
Websites whose visitors overlap most with Banofi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bioleather.in | 100% | 2.8K | #5,704,471 | View details |
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Banofi (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Banofi
Complete news archive for Banofi
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Frequently Asked Questions about Banofi
Banofi was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Banofi is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Jinali Mody is the CEO of Banofi, as recorded in our data. They have also founded this company.
Banofi has 10 employees.
The primary company behind Banofi, Atma Innovation Private Limited, reported revenue of ₹30.2 Lakh for FY 2023.
Banofi was established in 2022 in Kolkata, India, focusing on environmental and textiles sectors. Environmental consultancy services are delivered to support sustainability efforts, while waste management solutions are implemented for efficient resource handling. Textiles operations encompass production and related processes, with all activities centered in the Indian market. The company is led by founder Jinali Mody as CEO.
Banofi offers Ban-o-Fi and Leather Alternatives.
Banofi has 2 investors. Key investors include Social Alpha, and H&M Foundation.
Banofi operates through Atma Innovation Private Limited.
The legal entities of Banofi currently have 3 directors, including Pranabh Dinesh Mody, Jinali Pranabh Mody, Kaushal Anil Sanghvi.