About Magronic
Magronic is a company based in Puducherry (India) founded in 2020 by Amanullah Nazar, Rosheth VM, Mohamed Riaz, and Mega Varuman. Magronic operates in a competitive market with competitors including Proeon, Devigere Biosolutions and Fermensis Bio, among others.
- Headquarter Puducherry, India
- Founders Amanullah Nazar, Rosheth VM, Mohamed Riaz, Mega Varuman
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Sectors
Consumer
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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 Magronic Contrivance Private Limited
- Date of Incorporation 21 Mar, 2018
- Jurisdiction Pondicherry, Pondicherry, India
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Annual Revenue
$5.37 K (USD)9625as on Mar 31, 2022
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Net Profit
-$169.89 (USD)82as on Mar 31, 2022
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EBITDA
-$169.89 (USD)82as on Mar 31, 2022
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Latest Funding Round
Not available
- Investors
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Employee Count
Not available
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Funding Insights of Magronic
Investors in Magronic
Magronic has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IIITDM Kancheepuram.
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Offers higher education in engineering, design, and manufacturing disciplines.
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Investor details for Magronic
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Investments & Acquisitions by Magronic
Investment portfolio details for Magronic
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Financial Statements - Magronic
Detailed financials for Magronic
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Magronic Comparisons
Peer comparison for Magronic
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Competitors of Magronic
Magronic 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 Proeon, Devigere Biosolutions and Fermensis Bio, among others.
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Sustainable plant-based protein isolates are supplied for food uses.
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Produces sustainable protein concentrates from pulses for food and wellness industries.
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Nutrient-rich, planet-friendly food products are developed from microalgae.
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Detailed competitors of Magronic
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Latest news on Magronic
Complete news archive for Magronic
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Frequently Asked Questions about Magronic
Magronic was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Magronic is headquartered in Puducherry, India. It is registered at Puducherry, Puducherry, India.
Annual revenue of Magronic is $5.37K as on Mar 31, 2022.
Magronic was founded in 2020 in Puducherry, India, within the sustainable agriculture sector. Technology-based platforms for early detection of external contaminants in algae farms are developed and supplied. Spirulina protein supplements are produced as sustainable nutrition options. Operations focus on supporting algae cultivation efficiency, with services extending to food and nutrition applications across the region.
Magronic's top competitors include Proeon, Fermensis Bio and Devigere Biosolutions.
Magronic has 1 investor. Key investors include IIITDM Kancheepuram.
The valuation of Magronic is $173.13K as of Dec 2021.