About IBANSS
IBANSS is a Chemicals & Materials company based in Noida (India) founded in 2019 by Vibha Mittal and Anubhav Mittal. Bamboo-based granules are developed as plastic replacements for compostable products. IBANSS has raised $90.41 thousand across 1 funding round from investors including JITO Incubation & Innovation Foundation, Gaurav Jain and Singhvi Heritage. IBANSS was last valued at $897.08 thousand in July 2021. Its chief executive, as recorded, is Anubhav Mittal. Its Indian entity Bio Craft Innovation Private Limited reported revenue of ₹2.07 Cr. IBANSS offers products and services including Bamboo Granules and Compostable Products. Its focus areas include High Tech, Advanced Materials, Biomaterials and Biodegradable Polymers. Its competitors include Zerocircle, EF Polymer and Ukhi; 3 of its 3 listed competitors have raised funding.
Company details
IBANSS was founded in 2019 in Noida, India. Bamboo-based granules are produced as substitutes for conventional plastics in the sustainable materials sector. These granules are compatible with existing plastic processing equipment to manufacture compostable items. Multiple grades are supplied for thermoplastic processes, including injection molding, film drawing, vacuum forming, and melt spinning. Operations are centered on eco-friendly material innovation.
- Headquarters Noida, India
- Founders Vibha Mittal, Anubhav Mittal
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website ibanss.com
- Social LinkedIn X Instagram
- Legal Name Bio Craft Innovation Private Limited
- Date of Incorporation 30 Jul, 2019
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹2.07 Cr
FY 2025 · +48% YoY
- Net Profit₹23.2 Lakh
FY 2025 · 11% margin
- EBITDA₹45.2 Lakh
FY 2025 · 22% margin
- Total Equity Funding$90.41K (USD)
in 1 rounds
- Latest Funding Round$90.41K (USD), Seed
Jul 2021
- Investors
Associated legal entities of IBANSS
IBANSS operates through Bio Craft Innovation 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 |
|---|---|---|---|---|---|---|---|
| Bio Craft Innovation Private Limited CIN U74999UP2019PTC119615 | Active | 30 Jul 2019 | Noida, Uttar Pradesh | ₹2.1 Cr | 2 | View details |
Products & Services of IBANSS
IBANSS offers a comprehensive portfolio of products and services, including Bamboo Granules and Compostable Products.
Granules for creating compostable products on plastic machinery.
Items made from granules for packaging and daily use applications.
Funding Insights of IBANSS
IBANSS has successfully raised a total of $90.41K through 1 strategic funding round. The most recent funding activity was a Seed round of $90.41 thousand completed in July 2021. 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 $90,413
- Total Rounds 1
- Last Round Seed — $90,413
- First Round $90,413
(Jul 2021)
- Investors Count 8
All 1 funding rounds of IBANSS 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 2021 | $90,413 | Seed | $897,083 | Gaurav Jain |
Last known valuation $897,083 (Jul 2021). 8 investors in total: 5 institutional and 3 angel.
Investors in IBANSS
IBANSS has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include JITO Incubation & Innovation Foundation, Gaurav Jain and Singhvi Heritage.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are incubated by the foundation in Mumbai, India. | jitojiif.com | Mumbai, India | ||
Seed-stage venture capital investments are targeted by Singhvi Heritage. | Chennai, India | |||
Limited information available | Chennai, India | |||
Limited information is available on core activities in Delhi. | Delhi, India | |||
| mmcmtc.com | ||||
GJ Gaurav Jain | Angel investor, Co-founder of Afore Capital, ex-Apax Partners | unknown_c1a084ed88254aa58 | ||
AM Anubhav Mittal | Founder of Ablaze Info Solutions, controversial figure in Indian investment scams. | unknown_9340ea93726b4686b | ||
GJ Gaurav Jain | unknown_223b50f5989e4bb59 |
Investor details for IBANSS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bio Craft Innovation Private Limited (IBANSS)
Bio Craft Innovation Private Limited is the primary company behind IBANSS. The board of Bio Craft Innovation Private Limited currently have 2 directors; the longest-serving is Anubhav Mittal Sanwar Mal, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anubhav Mittal Sanwar Mal DIN 07096546 | Director | 30 Jul 2019 | 7 yrs 3 mo | Bio Craft Innovation Private Limited |
| Manju Mittal DIN 09253916 | Director | 07 Jan 2022 | 4 yrs 10 mo | Bio Craft Innovation Private Limited |
People of IBANSS
14 people are tracked at IBANSS (2 in leadership, 8 in board & advisors, 4 in team).
| Name | Role | Group |
|---|---|---|
Vibha Mittal | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Anant Kumar | Advisor | Board & advisors |
Divya Verma | Advisor | Board & advisors |
Nisha Tripathi | Advisor | Board & advisors |
Sudhir Kohli | Advisor | Board & advisors |
Paul Stephen Tasner | Advisor | Board & advisors |
Ravi Kant Bhatia | Advisor | Board & advisors |
Sanjeev Bhartia | Advisor | Board & advisors |
Amitabha Bandopadyay | Advisor | Board & advisors |
Abhishek Singh Bartwal | Marketing & Technical Executive | Team |
Ashish Mishra | Production Manager | Team |
Abhishek Dhiman | Factory Admin Excutive | Team |
Prashant Gupta | Company Secretary | Team |
Complete people profiles for IBANSS
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 IBANSS
Figures of Bio Craft Innovation Private Limited, the primary company behind IBANSS, for FY 2025. Revenue was ₹2.07 Cr (+48% year on year). Net profit was ₹23.2 Lakh (11% margin). EBITDA was ₹45.2 Lakh (22% margin). Revenue has grown at a compounded annual rate of +143% over three years.
- ₹2.07 CrRevenue · FY 2025 · +48% YoY
- ₹23.2 LakhNet profit · 11% margin
- ₹45.2 LakhEBITDA · 22% margin
- ₹13.4 LakhPaid-up capital
- +143%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Bio Craft Innovation Private Limited are on its company page.
Detailed financial statements for IBANSS
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 IBANSS
2 dated milestones of IBANSS across 2 years, from founding to its latest funding, stage changes and deals.
- Founded IBANSS is founded.
- Funding First funding round of $90K.
Competitors of IBANSS
IBANSS has 3 listed competitors in our database, 3 of them funded. They include Zerocircle, EF Polymer and Ukhi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zerocircle.in | 2020 | Pune, India | $4.35M | Provider of seaweed-derived alternatives to plastics for films, coatings, and paper | ||
| efpolymer.com | 2018 | Udaipur, India | $11.05M | 33 | Organic super-absorbent hydrogels are manufactured for sustainable agriculture. | |
| ukhi.org | 2017 | Faridabad, India | $1.27M | 3 | Manufacturer of biodegradable and compostable bioplastic granules using agri waste |
Detailed competitors of IBANSS
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 IBANSS
The website of IBANSS (ibanss.com) receives about 1K visits a month.
- Monthly visits1K
▲ 914.4% vs previous month
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Frequently Asked Questions about IBANSS
IBANSS was founded in 2019 and raised its 1st funding round 2 years after it was founded.
IBANSS is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Anubhav Mittal is the CEO of IBANSS, as recorded in our data. They have also founded this company.
IBANSS is a funded company, having raised a total of $90.41K across 1 funding round to date. The company's 1st funding round was a Seed of $90.41K, raised on Jul 2021.
The primary company behind IBANSS, Bio Craft Innovation Private Limited, reported revenue of ₹2.07 Cr for FY 2025, up 48% year on year.
IBANSS was founded in 2019 in Noida, India. Bamboo-based granules are produced as substitutes for conventional plastics in the sustainable materials sector. These granules are compatible with existing plastic processing equipment to manufacture compostable items. Multiple grades are supplied for thermoplastic processes, including injection molding, film drawing, vacuum forming, and melt spinning. Operations are centered on eco-friendly material innovation.
IBANSS's top competitors include EF Polymer, Zerocircle and Ukhi.
IBANSS offers Bamboo Granules and Compostable Products.
IBANSS has 8 investors. Key investors include JITO Incubation & Innovation Foundation, Gaurav Jain, Singhvi Heritage, MLM Ventures, and MM Ceramics & Ferro Alloys.
The valuation of IBANSS is $897.08K as of Jul 2021.
IBANSS operates through Bio Craft Innovation Private Limited.
The legal entities of IBANSS currently have 2 directors, including Anubhav Mittal Sanwar Mal, Manju Mittal.