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
Not available
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Products & Services of Roha
Roha offers a comprehensive portfolio of products and services, including Mycelium Biocomposite Packaging.
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.
Investors in Roha
Roha has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SINE.
| 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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Investor details for Roha
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Investments & Acquisitions by Roha
Investment portfolio details for Roha
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Financial Statements - Roha
Detailed financials for Roha
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Roha Comparisons
Peer comparison for Roha
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Sustainable biodegradable materials are developed using mycelium technology.
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Sustainable packaging materials from fungi and organic waste are developed.
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Manufacturer of sustainable packaging products
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Serves as a manufacturer of fashion apparel.
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Mycelium-based packaging products are developed and supplied as sustainable alternatives.
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Detailed competitors of Roha
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Latest news on Roha
Complete news archive for Roha
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Frequently Asked Questions about Roha
Roha was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Roha is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Aditya Srinivas Kandaala is the current CEO of Roha. They have also founded this company.
Roha is a funded company, having raised a total of $4.2M across 1 funding round to date.
Annual revenue of Roha is $2.59K as on Mar 31, 2021.
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.
Roha's top competitors include Ecovative, Mushroom Material and MadeRight.
Roha offers Mycelium Biocomposite Packaging.
Roha has 1 investor. Key investors include SINE.
The valuation of Roha is $74.44M as of May 2024.