About Roha
Roha is a company based in Chennai (India) founded in 2019 by Aditya Srinivas Kandaala and Vagdevi Gondu. It operates as a Product-as-a-Service. Roha has raised $4.2 million across 1 funding round from investors including SINE. Roha offers products and services including Mycelium Biocomposite Packaging. Roha operates in a competitive market with competitors including Ecovative, MadeRight, Mushroom Material, Maderight and Grown, among others.
- Headquarter Chennai, India
- Founders Aditya Srinivas Kandaala, Vagdevi Gondu
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Roha Biotech
- Date of Incorporation 26 Nov, 2019
- Jurisdiction Tuni, Andhra Pradesh, India
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Annual Revenue
$2.59 K (USD)0as on Mar 31, 2021
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Net Profit
$-1.13 K (USD)-26.07as on Mar 31, 2021
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EBITDA
$-3.71 K (USD)-315.72as on Mar 31, 2021
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Total Equity Funding
$4.2 M (USD)
in 1 rounds
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Latest Funding Round
$4.2 M (USD), Seed
May 31, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Roha
Roha offers a comprehensive portfolio of products and services, including Mycelium Biocomposite Packaging. 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.
Alternative packaging is developed using mycelium biocomposites sustainably.
Funding Insights of Roha
Roha has successfully raised a total of $4.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.2 million completed in May 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 Total Funding
- Total Rounds 1
- Last Round Seed — $4.2M
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First Round
First Round
(31 May 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2024 | Amount | Seed - Roha | Valuation | SINE |
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| 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 |
Investors in Roha
Roha has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SINE. 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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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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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 Roha
| 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 - Roha
| 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 |
Roha Comparisons
Competitors of Roha
Roha 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 Ecovative, MadeRight, Mushroom Material, Maderight and Grown, 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 |
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| domain | founded_year | HQ Location |
Sustainable biodegradable materials are developed using mycelium technology.
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| domain | founded_year | HQ Location |
Sustainable packaging materials from fungi and organic waste are developed.
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| domain | founded_year | HQ Location |
Manufacturer of sustainable packaging products
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| domain | founded_year | HQ Location |
Serves as a manufacturer of fashion apparel.
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| domain | founded_year | HQ Location |
Mycelium-based packaging products are developed and supplied as sustainable alternatives.
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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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Frequently Asked Questions about Roha
When was Roha founded?
Roha was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is Roha located?
Roha is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Roha?
Aditya Srinivas Kandaala is the current CEO of Roha. They have also founded this company.
Is Roha a funded company?
Roha is a funded company, having raised a total of $4.2M across 1 funding round to date. The company's 1st funding round was a Seed of $4.2M, raised on May 31, 2024.
What is the annual revenue of Roha?
Annual revenue of Roha is $2.59K as on Mar 31, 2021.
What does Roha do?
Roha Biotech is focused on the development and biomanufacturing of next-generation sustainable materials. Mushroom mycelium is integrated with agricultural residues like sugarcane bagasse and paddy straw in India to create alternatives to plastics and Styrofoam. These materials are grown rather than manufactured, ensuring carbon-negative, compostable, and cost-effective solutions at scale. The company targets the packaging industry, addressing environmental costs in the supply chain with high-performance, planet-friendly products that decompose naturally in about 45 days without toxic residue. Modular manufacturing is employed for rapid expansion across India.
Who are the top competitors of Roha?
Roha's top competitors include Ecovative, Mushroom Material and MadeRight.
What products or services does Roha offer?
Roha offers Mycelium Biocomposite Packaging.
Who are Roha's investors?
Roha has 1 investor. Key investors include SINE.
What is Roha's valuation?
The valuation of Roha is $74.44M as of May 2024.