About Cancrie
Cancrie is a company based in Jaipur (India) founded in 2020 by Mahi Singh and Akshay Jain.. Cancrie has raised $1.32 million across 2 funding rounds from investors including Techstars, Roots Ventures and Fondation Botnar. The company has 1 employees as of April 05, 2024. Cancrie offers products and services including Nanocarbon Material and Advanced Composites. Cancrie operates in a competitive market with competitors including Jacobi Carbons, CarbonX, Birla Carbon, UP Catalyst and Orion Engineered Carbons, among others.
- Headquarter Jaipur, India
- Employees 1 as on 05 Apr, 2024
- Founders Mahi Singh, Akshay Jain
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Sectors
Energy & UtilitiesTechnology Chemicals & Materials
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Email
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Phone
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Website
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Social
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- Legal Name Cancrie Private Limited
- Date of Incorporation 02 Aug, 2020
- Jurisdiction Sanganer, Rajasthan, India
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Annual Revenue
$74.09 K (USD)114.21as on Mar 31, 2023
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Net Profit
$4.52 K (USD)616.35as on Mar 31, 2023
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EBITDA
$-28.03 K (USD)-10963.06as on Mar 31, 2023
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Total Equity Funding
$1.32 M (USD)
in 2 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Jan 22, 2025
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Investors
Techstars
& 4 more
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Employee Count
1
as on Apr 05, 2024
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Products & Services of Cancrie
Cancrie offers a comprehensive portfolio of products and services, including Nanocarbon Material and Advanced Composites. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts waste into high-performance material for batteries.
Enhances device efficiency with eco-friendly production methods.
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Funding Insights of Cancrie
Cancrie has successfully raised a total of $1.32M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in January 2025. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.2M
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First Round
First Round
(13 Sep 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2025 | Amount | Seed - Cancrie | Valuation | Roots Ventures | |
| Sep, 2021 | Amount | Seed - Cancrie | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cancrie
Cancrie has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars, Roots Ventures and Fondation Botnar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital investments conducted in a sector-agnostic manner.
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Early-stage tech startups are supported via venture capital and acceleration.
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cancrie
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cancrie
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cancrie Comparisons
Competitors of Cancrie
Cancrie operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jacobi Carbons, CarbonX, Birla Carbon, UP Catalyst and Orion Engineered Carbons, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality activated carbons are manufactured from coconut shells.
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| domain | founded_year | HQ Location |
Nanosized carbon structures are manufactured from filament-based networks.
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| domain | founded_year | HQ Location |
Manufacturer of carbon black additives
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| domain | founded_year | HQ Location |
Carbon nanomaterials are sourced from waste biomass for production.
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| domain | founded_year | HQ Location |
Producer and suppliers of carbon black
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cancrie
Frequently Asked Questions about Cancrie
When was Cancrie founded?
Cancrie was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Cancrie located?
Cancrie is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Is Cancrie a funded company?
Cancrie is a funded company, having raised a total of $1.32M across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Sep 13, 2021.
How many employees does Cancrie have?
As of Apr 05, 2024, the latest employee count at Cancrie is 1.
What is the annual revenue of Cancrie?
Annual revenue of Cancrie is $74.09K as on Mar 31, 2023.
What does Cancrie do?
Cancrie was founded in 2020 in Jaipur, India. Nanocarbon materials for energy storage devices are produced by the company, with a focus on the nanomaterials sector. Patented technology is sourced from waste materials and employs reduced chemical usage. Sustainable options for energy storage applications are offered across operations in India.
Who are the top competitors of Cancrie?
Cancrie's top competitors include UP Catalyst, Jacobi Carbons and CarbonX.
What products or services does Cancrie offer?
Cancrie offers Nanocarbon Material and Advanced Composites.
Who are Cancrie's investors?
Cancrie has 5 investors. Key investors include Techstars, Roots Ventures, Fondation Botnar, IIMA Ventures, and SAGANA.
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