About Biofics
Biofics is an Environment company based in Surat (India) founded in 2016 by Sunil Pramod Mahapatra and Vikas Sujeetkumar Mishra. Waste composting and renewable energy solutions are provided. Biofics has raised $1.24 million across 1 funding round from investors including Upaya Social Ventures and Gunavanth Vaid. Its chief executive, as recorded, is Sunil Pramod Mahapatra. Its Indian entity Biofics Private Limited reported revenue of ₹12.27 Cr. Its focus areas include Waste & Water Management, Waste Management and Horizontal.
Company details
Biofics was founded in 2016 in Surat, India, within the environmental sector. Focus is placed on waste management and renewable energy operations. Services encompass organic waste converters, biogas plants, composting machines, Bio-CNG facilities, and biofertilizers. Support is extended to clients for developing zero-waste strategies and efficient waste conversion processes. Environmental planning assistance, along with customer support and awareness initiatives, is also delivered.
- Headquarters Surat, India
- Founders Sunil Pramod Mahapatra, Vikas Sujeetkumar Mishra
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website biofics.co.in
- Social LinkedIn X Facebook Instagram
- Legal Name Biofics Private Limited
- Date of Incorporation 13 May, 2016
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹12.27 Cr
FY 2024 · +109% YoY
- Net Profit₹1.40 Cr
FY 2024 · 11% margin
- EBITDA₹2.21 Cr
FY 2024 · 18% margin
- Total Equity Funding$1.24M (USD)
in 1 rounds
- Latest Funding Round$1.24M (USD), Seed
Aug 2024
- InvestorsUpaya Social Ventures
& 1 more
Associated legal entities of Biofics
Biofics operates through Biofics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Biofics Private Limited CIN U01119GJ2016PTC091981 | Active | 13 May 2016 | Surat, Gujarat | ₹12.3 Cr | 28 | 2 | View details |
Funding Insights of Biofics
Biofics has successfully raised a total of $1.24M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.24 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.24M
- Total Rounds 1
- Last Round Seed — $1.24M
- First Round $1.24M
(Aug 2024)
- Investors Count 2
All 1 funding rounds of Biofics 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 |
|---|---|---|---|---|---|
| Aug 2024 | $1.24M | Seed | – | Gunavanth Vaid |
2 investors in total: 1 institutional and 1 angel.
Investors in Biofics
Biofics has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Upaya Social Ventures and Gunavanth Vaid.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup acceleration programs and seed financing are provided in India. | upayasv.org | Seattle, United States | ||
GV Gunavanth Vaid | unknown_279fbc75b03e4aa8b |
Investor details for Biofics
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Board of directors of Biofics Private Limited (Biofics)
Biofics Private Limited is the primary company behind Biofics. The board of Biofics Private Limited currently have 2 directors; the longest-serving is Vikas Sujeetkumar Mishra, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Sujeetkumar Mishra DIN 07518045 | Director | 13 May 2016 | 10 yrs 5 mo | Biofics Private Limited |
| Sunil Mahapatra Pramod DIN 07501063 | Director | 13 May 2016 | 10 yrs 5 mo | Biofics Private Limited |
People of Biofics
2 people are tracked at Biofics (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & Director | Leadership |
Complete people profiles for Biofics
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Financials of Biofics
Figures of Biofics Private Limited, the primary company behind Biofics, for FY 2024. Revenue was ₹12.27 Cr (+109% year on year). Net profit was ₹1.40 Cr (11% margin). EBITDA was ₹2.21 Cr (18% margin). Revenue has grown at a compounded annual rate of +101% over three years and +59% over five years.
- ₹12.27 CrRevenue · FY 2024 · +109% YoY
- ₹1.40 CrNet profit · 11% margin
- ₹2.21 CrEBITDA · 18% margin
- ₹3.7 LakhPaid-up capital
- 28Employees (provident fund records)
- +101%Revenue CAGR, 3 years
- +59%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Biofics Private Limited are on its company page.
Detailed financial statements for Biofics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Biofics
2 dated milestones of Biofics across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Biofics is founded.
- Funding First funding round of $1.2M.
Web traffic of Biofics
The website of Biofics (biofics.co.in) receives about 4.5K visits a month.
- Monthly visits4.5K
▼ 40% vs previous month
Websites whose visitors overlap most with Biofics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| volkschem.com | 100% | 1.4K | #10,877,313 | View details | |
| varshabioscience.com | 94% | 1.5K | #10,127,544 | View details | |
| prathista.com | 93% | 1.7K | #8,368,753 | View details | |
spcorganicfertilizers.com | spcorganicfertilizers.com | 92% | – | ||
nacrobiotech.co.in | nacrobiotech.co.in | 92% | #7,114,840 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Biofics
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Biofics (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 Biofics
Complete news archive for Biofics
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Frequently Asked Questions about Biofics
Biofics was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Biofics is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Sunil Pramod Mahapatra is the CEO of Biofics, as recorded in our data. They have also founded this company.
Biofics is a funded company, having raised a total of $1.24M across 1 funding round to date. The company's 1st funding round was a Seed of $1.24M, raised on Aug 2024.
The primary company behind Biofics, Biofics Private Limited, reported revenue of ₹12.27 Cr for FY 2024, up 109% year on year.
Biofics was founded in 2016 in Surat, India, within the environmental sector. Focus is placed on waste management and renewable energy operations. Services encompass organic waste converters, biogas plants, composting machines, Bio-CNG facilities, and biofertilizers. Support is extended to clients for developing zero-waste strategies and efficient waste conversion processes. Environmental planning assistance, along with customer support and awareness initiatives, is also delivered.
Biofics has 2 investors. Key investors include Upaya Social Ventures, and Gunavanth Vaid.
Biofics operates through Biofics Private Limited.
The legal entities of Biofics currently have 2 directors, including Vikas Sujeetkumar Mishra, Sunil Mahapatra Pramod.