About Roha
Roha is an Industrial Goods & Manufacturing company based in Chennai (India) founded in 2019 by Aditya Srinivas Kandaala and Vagdevi Gondu. Biodegradable packaging is developed from agricultural residues using mycelium. It operates on a Product-as-a-Service model. Roha has raised $14.65 million across 3 funding rounds from investors including SINE. Roha was last valued at $74.44 million in May 2024. Its chief executive, as recorded, is Aditya Srinivas Kandaala. Its Indian entity Roha369 Biotech Private Limited reported revenue of ₹31.6 Lakh. Roha offers products and services including Mycelium Biocomposite Packaging. Its focus areas include Materials, Sustainable Materials and Biocomposites.
Company details
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.
- Headquarters Chennai, India
- Founders Aditya Srinivas Kandaala, Vagdevi Gondu
- Stage Minicorn
- SectorsIndustrial Goods & Manufacturing
- Website roha.bio
- Social LinkedIn Facebook Instagram
- Legal Name Roha Biotech
- Date of Incorporation 26 Nov, 2019
- Jurisdiction Tuni, Andhra Pradesh, India
- Annual Revenue₹31.6 Lakh
FY 2025 · -6% YoY
- Net Loss-₹23.7 Lakh
FY 2025 · -75% margin
- EBITDA-₹19.3 Lakh
FY 2025 · -61% margin
- Total Equity Funding$14.65M (USD)
in 3 rounds
- Latest Funding Round$41.94K (USD), Angel Round
May 2024
- Investors
Associated legal entities of Roha
Roha operates through Roha369 Biotech 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 |
|---|---|---|---|---|---|---|---|
| Roha369 Biotech Private Limited CIN U74994AP2019PTC113506 | Active | 26 Nov 2019 | Tuni, Andhra Pradesh | ₹0.3 Cr | 2 | View details |
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 $14.65M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $41.94 thousand 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 $14.65M
- Total Rounds 3
- Last Round Angel Round — $41,936
- First Round $10.41M
(Mar 2019)
- Investors Count 1
All 3 funding rounds of Roha 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 |
|---|---|---|---|---|---|
| May 2024 | $4.2M | Seed | $74.44M | SINE | – |
| May 2024 | $41,936 | Angel Round | – | – | – |
| Mar 2019 | $10.41M | Series B | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2024 | $74.44M | •••••••• |
Last known valuation $74.44M (May 2024). 1 investors in total: 1 institutional.
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 |
|---|---|---|---|---|
Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay. | sineiitb.org | Mumbai, India |
Investor details for Roha
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 Roha369 Biotech Private Limited (Roha)
Roha369 Biotech Private Limited is the primary company behind Roha. The board of Roha369 Biotech Private Limited currently have 2 directors; the longest-serving is Aditya Srinivas Kandaala, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Srinivas Kandaala DIN 08623061 | Director | 26 Nov 2019 | 6 yrs 11 mo | Roha369 Biotech Private Limited |
| Venkata Swathi Ravali Cheela DIN 11024670 | Additional Director | 30 Oct 2025 | 1 yr | Roha369 Biotech Private Limited |
People of Roha
2 people are tracked at Roha (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Vagdevi Gondu | Co-Founder & CTO | Leadership |
Complete people profiles for Roha
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 Roha
Figures of Roha369 Biotech Private Limited, the primary company behind Roha, for FY 2025. Revenue was ₹31.6 Lakh (-6% year on year). Net loss was -₹23.7 Lakh (-75% margin). EBITDA was -₹19.3 Lakh (-61% margin). Revenue has grown at a compounded annual rate of +33% over three years.
- ₹31.6 LakhRevenue · FY 2025 · -6% YoY
- -₹23.7 LakhNet loss · -75% margin
- -₹19.3 LakhEBITDA · -61% margin
- ₹1.1 LakhPaid-up capital
- +33%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Roha369 Biotech Private Limited are on its company page.
Detailed financial statements for Roha
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 Roha
4 dated milestones of Roha across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Roha is founded.
- Funding First funding round of $10.4M.
- Funding Latest funding round, Angel Round, of $42K.
- Milestone Reaches Minicorn status.
Web traffic of Roha
The website of Roha (roha.bio) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 3.9% vs previous month
Top companies in Packaging Equipment & Systems
3 companies that operate in the same segment as Roha (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 107.26 K | 21 |
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Frequently Asked Questions about Roha
Roha was founded in 2019.
Roha is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Aditya Srinivas Kandaala is the CEO of Roha, as recorded in our data. They have also founded this company.
Roha is a funded company, having raised a total of $14.65M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10.41M, raised on Mar 2019.
The primary company behind Roha, Roha369 Biotech Private Limited, reported revenue of ₹31.6 Lakh for FY 2025, down 6% year on year.
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 offers Mycelium Biocomposite Packaging.
Roha has 1 investor. Key investors include SINE.
The valuation of Roha is $74.44M as of May 2024.
Roha operates through Roha369 Biotech Private Limited.
The legal entities of Roha currently have 2 directors, including Aditya Srinivas Kandaala, Venkata Swathi Ravali Cheela.