About Seagrass Tech
Seagrass Tech is a Healthcare company based in Chennai (India) founded in 2016 by Prakash Ramadass, Suganya Baskaran, Swaminathan Detchanamurthy, and Monisha Reddy. Technology platform for micro marine algae harvesting is developed. It operates in the Healthcare, Agriculture, and Environment sectors. Seagrass Tech has raised $79.89 thousand across 1 funding round from investors including Artesian. Seagrass Tech was last valued at $755.7 thousand in February 2020. Its Indian entity Seagrass Tech Private Limited reported revenue of ₹52.9 Lakh. Seagrass Tech offers products and services including SeaCarotene, SeaLipro, SeaProtein, Algae Consultancy, and Carbon Credits. Its focus areas include Food and Agriculture Tech, Aquaculture Tech, Aquatic Plants and Algae.
Company details
Seagrass Tech was established in 2016 in Chennai, India, within the marine biotechnology sector. A specialized platform for harvesting micro marine algae is operated, enabling production of extracts for health applications. Products such as SeaCarotene, derived from red marine microalgae as a powder, SeaLipro from green microalgae, and SeaProtein from blue-green microalgae are provided. The latter extract aids natural detoxification, energy production, and vitality in the body.
- Headquarters Chennai, India
- Founders Prakash Ramadass, Suganya Baskaran, Swaminathan Detchanamurthy, Monisha Reddy
- SectorsHealthcareAgriculture Environment
- Email••••••••
- Phone•••• ••••
- Website seagrasstech.com
- Social LinkedIn X Facebook
- Legal Name Seagrass Tech Private Limited
- Date of Incorporation 24 Mar, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹52.9 Lakh
FY 2024 · -62% YoY
- Net Loss-₹2 Lakh
FY 2024 · -4% margin
- EBITDA₹14.8 Lakh
FY 2024 · 28% margin
- Total Equity Funding$79.89K (USD)
in 1 rounds
- Latest Funding Round$79.89K (USD), Seed
Feb 2020
- Investors
Associated legal entities of Seagrass Tech
Seagrass Tech operates through Seagrass Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Seagrass Tech Private Limited CIN U74900TN2016PTC104912 | Active | 24 Mar 2016 | Chennai, Tamil Nadu | ₹0.5 Cr | 4 | View details |
Products & Services of Seagrass Tech
Seagrass Tech offers a comprehensive portfolio of products and services, including SeaCarotene, SeaLipro, SeaProtein, Algae Consultancy, and Carbon Credits.
Marine algae-based carotenoid for health and nutrition applications.
Algae-derived lipids for industrial and food uses.
High-protein algae biomass for sustainable food production.
Expert advice on algae cultivation and applications.
Projects for carbon sequestration through algae farming.
Funding Insights of Seagrass Tech
Seagrass Tech has successfully raised a total of $79.89K through 1 strategic funding round. The most recent funding activity was a Seed round of $79.89 thousand completed in February 2020. 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 $79,888
- Total Rounds 1
- Last Round Seed — $79,888
- First Round $79,888
(Feb 2020)
- Investors Count 1
All 1 funding rounds of Seagrass Tech 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 |
|---|---|---|---|---|---|
| Feb 2020 | $79,888 | Seed | $755,701 | Artesian | – |
Last known valuation $755,701 (Feb 2020). 1 investors in total: 1 institutional.
Investors in Seagrass Tech
Seagrass Tech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Artesian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors | artesianinvest.com | Sydney, Australia |
Investor details for Seagrass Tech
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 Seagrass Tech Private Limited (Seagrass Tech)
Seagrass Tech Private Limited is the primary company behind Seagrass Tech. The board of Seagrass Tech Private Limited currently have 4 directors; the longest-serving is Swaminathan Detchanamurthy, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swaminathan Detchanamurthy DIN 07408162 | Director | 24 Mar 2016 | 10 yrs 7 mo | Seagrass Tech Private Limited |
| Suganya Baskaran DIN 07408174 | Director | 24 Mar 2016 | 10 yrs 7 mo | Seagrass Tech Private Limited |
| Prakash Ramadass DIN 07691769 | Director | 27 Dec 2016 | 9 yrs 10 mo | Seagrass Tech Private Limited |
| Basivi Monisha DIN 07690814 | Director | 27 Dec 2016 | 9 yrs 10 mo | Seagrass Tech Private Limited |
People of Seagrass Tech
4 people are tracked at Seagrass Tech (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder | Leadership | |
Monisha Reddy | Co-Founder & CFO | Leadership |
Complete people profiles for Seagrass Tech
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 Seagrass Tech
Figures of Seagrass Tech Private Limited, the primary company behind Seagrass Tech, for FY 2024. Revenue was ₹52.9 Lakh (-62% year on year). Net loss was -₹2 Lakh (-4% margin). EBITDA was ₹14.8 Lakh (28% margin). Revenue has grown at a compounded annual rate of +71% over three years and +213% over five years.
- ₹52.9 LakhRevenue · FY 2024 · -62% YoY
- -₹2 LakhNet loss · -4% margin
- ₹14.8 LakhEBITDA · 28% margin
- ₹61.5 LakhPaid-up capital
- +71%Revenue CAGR, 3 years
- +213%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Seagrass Tech Private Limited are on its company page.
Detailed financial statements for Seagrass Tech
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 Seagrass Tech
2 dated milestones of Seagrass Tech across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Seagrass Tech is founded.
- Funding First funding round of $80K.
Web traffic of Seagrass Tech
The website of Seagrass Tech (seagrasstech.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 41.3% vs previous month
Top companies in Nutraceutical & Food-as-Medicine Platforms
3 companies that operate in the same segment as Seagrass Tech (Nutraceutical & Food-as-Medicine Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ayurvedic healthcare and nutritional products are provided by Kapiva. | 2016 | Bengaluru, Karnataka, India | USD 77.85 M | USD 27.35 M | 362 | |
Nutritional supplements for multiple health ailments are developed. | 2005 | Mumbai, Maharashtra, India | USD 1.55 M | |||
Nutritional food and health supplements are provided by OZiva. | 2010 | Mumbai, Maharashtra, India | USD 17.32 M | USD 56.21 M | 144 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Seagrass Tech
Complete news archive for Seagrass Tech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Seagrass Tech
Seagrass Tech was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Seagrass Tech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Seagrass Tech is a funded company, having raised a total of $79.89K across 1 funding round to date. The company's 1st funding round was a Seed of $79.89K, raised on Feb 2020.
The primary company behind Seagrass Tech, Seagrass Tech Private Limited, reported revenue of ₹52.9 Lakh for FY 2024, down 62% year on year.
Seagrass Tech was established in 2016 in Chennai, India, within the marine biotechnology sector. A specialized platform for harvesting micro marine algae is operated, enabling production of extracts for health applications. Products such as SeaCarotene, derived from red marine microalgae as a powder, SeaLipro from green microalgae, and SeaProtein from blue-green microalgae are provided. The latter extract aids natural detoxification, energy production, and vitality in the body.
Seagrass Tech offers SeaCarotene, SeaLipro, SeaProtein, Algae Consultancy, and Carbon Credits.
Seagrass Tech has 1 investor. Key investors include Artesian.
The valuation of Seagrass Tech is $755.7K as of Feb 2020.
Seagrass Tech operates through Seagrass Tech Private Limited.
The legal entities of Seagrass Tech currently have 4 directors, including Swaminathan Detchanamurthy, Suganya Baskaran, Prakash Ramadass and others.