About Craste
Craste is an Industrial Goods & Manufacturing company based in Pune (India) founded in 2019. Packaging and furniture applications are manufactured from crop residue. Craste has raised $19.48 thousand across 1 funding round from investors including Techstars. Craste was last valued at $326.82 thousand in July 2019. Its chief executive, as recorded, is Shubham Singh. Its Indian entity Fuma Labs Private Limited reported revenue of ₹39.1 Lakh. Craste offers products and services including Pulp and Paper, Fuma Boards, and Engineered Green Boards. Its focus areas include Industrial Goods and Manufacturing, Packaging Tech, Sustainable Packaging and Materials. Its competitors include Dharaksha Ecosolutions and Bollant Industries; 2 of its 2 listed competitors have raised funding.
Company details
Craste was founded in 2019 in Pune, India, with operations focused on the sustainable manufacturing sector. Crop residue is processed into materials for packaging and furniture applications. The company serves industries requiring eco-friendly alternatives, utilizing resources from agricultural waste. Leadership is held by CEO Shubham Singh, and the domain craste.co is maintained for online presence. Activities are based in India, emphasizing practical production methods.
- Headquarters Pune, India
- SectorsIndustrial Goods & Manufacturing
- Website craste.co
- Social LinkedIn Facebook Instagram
- Legal Name Fuma Labs Private Limited
- Date of Incorporation 10 Sep, 2018
- Jurisdiction Gwalior, Madhya Pradesh, India
- Annual Revenue₹39.1 Lakh
FY 2025 · +31% YoY
- Net Loss-₹25.5 Lakh
FY 2025 · -65% margin
- EBITDA-₹19.6 Lakh
FY 2025 · -50% margin
- Total Equity Funding$19.48K (USD)
in 1 rounds
- Latest Funding Round$19.48K (USD), Seed
Jul 2019
- Investors
Associated legal entities of Craste
Craste operates through Fuma Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fuma Labs Private Limited CIN U74999MP2018PTC046510 | Active | 10 Sep 2018 | Gwalior, Madhya Pradesh | ₹0.4 Cr | 2 | View details |
Products & Services of Craste
Craste offers a comprehensive portfolio of products and services, including Pulp and Paper, Fuma Boards, and Engineered Green Boards.
Eco-friendly packaging from crop waste with reduced water use.
Sustainable boards made from agricultural residues for furniture.
Formaldehyde-free boards that lower CO2 emissions from crop waste.
Funding Insights of Craste
Craste has successfully raised a total of $19.48K through 1 strategic funding round. The most recent funding activity was a Seed round of $19.48 thousand completed in July 2019. 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 $19,482
- Total Rounds 1
- Last Round Seed — $19,482
- First Round $19,482
(Jul 2019)
- Investors Count 1
All 1 funding rounds of Craste 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 |
|---|---|---|---|---|---|
| Jul 2019 | $19,482 | Seed | $326,818 | Techstars | – |
Last known valuation $326,818 (Jul 2019). 1 investors in total: 1 institutional.
Investors in Craste
Craste has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for Craste
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Fuma Labs Private Limited (Craste)
Fuma Labs Private Limited is the primary company behind Craste. The board of Fuma Labs Private Limited currently have 2 directors; the longest-serving is Shubham Singh, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shubham Singh DIN 08220540 | Director | 10 Sep 2018 | 8 yrs 1 mo | Fuma Labs Private Limited |
| Himansha Singh DIN 08506696 | Director | 13 Jul 2019 | 7 yrs 3 mo | Fuma Labs Private Limited |
People of Craste
6 people are tracked at Craste (3 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Onkar Siddheshwar | Head Of Engineering | Leadership |
AJITH SUNNY | CMO | Leadership |
Mayank Gupta | Chemical Engineer | Team |
Dr Vikas Hakke | Senior Research Associate | Team |
Rupa Malireddy | Design Lead | Team |
Complete people profiles for Craste
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Craste
Figures of Fuma Labs Private Limited, the primary company behind Craste, for FY 2025. Revenue was ₹39.1 Lakh (+31% year on year). Net loss was -₹25.5 Lakh (-65% margin). EBITDA was -₹19.6 Lakh (-50% margin). Revenue has grown at a compounded annual rate of +3% over three years and +42% over five years.
- ₹39.1 LakhRevenue · FY 2025 · +31% YoY
- -₹25.5 LakhNet loss · -65% margin
- -₹19.6 LakhEBITDA · -50% margin
- ₹1.1 LakhPaid-up capital
- +3%Revenue CAGR, 3 years
- +42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fuma Labs Private Limited are on its company page.
Detailed financial statements for Craste
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Craste
2 dated milestones of Craste, from founding to its latest funding, stage changes and deals.
- Founded Craste is founded.
- Funding First funding round of $19K.
Competitors of Craste
Craste has 2 listed competitors in our database, 2 of them funded. They include Dharaksha Ecosolutions and Bollant Industries.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dharaksha.com | 2020 | Delhi, India | $3.45M | 119 | Biodegradable packaging materials are manufactured from crop stubble waste. | |
| bollant.com | 2012 | Hyderabad, India | $3.78M | Manufacturer of eco-friendly disposable tableware and packaging. It produces biodegradable plates, bowls, cups, and trays from natural leaf and recycled paper. The company utilizes agricultural waste in its manufacturing process, offering a sustainable alternative to plastic products. In addition to disposable items, it provides adhesives and printing products for manufacturers in the industry. A key aspect of the business model is the employment of differently-abled individuals. |
Detailed competitors of Craste
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Craste
The website of Craste (craste.co) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 40.4% vs previous month
Top companies in Packaging Equipment & Systems
3 companies that operate in the same segment as Craste (Packaging Equipment & Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Packaging materials and supply-chain services are offered online to businesses. | 2005 | Gurugram, Haryana, India | USD 5.05 M | USD 10.95 M | 131 | |
Biodegradable packaging materials are manufactured from crop stubble waste. | 2020 | Delhi, Delhi, India | USD 3.45 M | USD 45.41 K | 55 | |
Provider of seaweed-derived alternatives to plastics for films, coatings, and paper | 2020 | Pune, Maharashtra, India | USD 4.9 M | USD 66.27 K |
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Frequently Asked Questions about Craste
Craste was founded in 2019.
Craste is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Shubham Singh is the CEO of Craste, as recorded in our data.
Craste is a funded company, having raised a total of $19.48K across 1 funding round to date. The company's 1st funding round was a Seed of $19.48K, raised on Jul 2019.
The primary company behind Craste, Fuma Labs Private Limited, reported revenue of ₹39.1 Lakh for FY 2025, up 31% year on year.
Craste was founded in 2019 in Pune, India, with operations focused on the sustainable manufacturing sector. Crop residue is processed into materials for packaging and furniture applications. The company serves industries requiring eco-friendly alternatives, utilizing resources from agricultural waste. Leadership is held by CEO Shubham Singh, and the domain craste.co is maintained for online presence. Activities are based in India, emphasizing practical production methods.
Craste's top competitors include Dharaksha Ecosolutions and Bollant Industries.
Craste offers Pulp and Paper, Fuma Boards, and Engineered Green Boards.
Craste has 1 investor. Key investors include Techstars.
The valuation of Craste is $326.82K as of Jul 2019.
Craste operates through Fuma Labs Private Limited.
The legal entities of Craste currently have 2 directors, including Himansha Singh, Shubham Singh.