About Snrassystems
Snrassystems is a company based in Bengaluru (India) founded in 2019 by Suvo Sircar and Vivek Saha.. Snrassystems has raised $2.05 million across 6 funding rounds from investors including Faad Capital, Indigram Labs and MABIF. Snrassystems offers products and services including iStart, Bluemax Combofilter, and Neelvahan. Snrassystems operates in a competitive market with competitors including Forever Oceans, Nofitech, FishGLOBE, Lgem and Catalina Sea Ranch, among others.
- Headquarter Bengaluru, India
- Founders Suvo Sircar, Vivek Saha
- Stage Minicorn
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Sectors
Agriculture
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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 Shuvoneel Ras System Private Limited
- Date of Incorporation 31 Jan, 2019
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$107.81 K (USD)-24.92as on Mar 31, 2023
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Net Profit
$7.57 K (USD)4.05as on Mar 31, 2023
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EBITDA
$-18.15 K (USD)17.2as on Mar 31, 2023
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Total Equity Funding
$2.05 M (USD)
in 6 rounds
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Latest Funding Round
$1.17 M (USD), Seed
Dec 30, 2024
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Investors
Faad Capital
& 17 more
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Employee Count
Employee Count
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Products & Services of Snrassystems
Snrassystems offers a comprehensive portfolio of products and services, including iStart, Bluemax Combofilter, and Neelvahan. 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.
Power-efficient system for recirculatory fish production setups.
Advanced filter for maintaining aquaculture water quality.
Component for efficient recirculatory aquaculture operations.
Funding Insights of Snrassystems
Snrassystems has successfully raised a total of $2.05M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.17 million completed in December 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 6
- Last Round Seed — $1.2M
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First Round
First Round
(04 Dec 2020)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Snrassystems | Valuation | Enrission India Capital |
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| Jan, 2024 | Amount | Seed - Snrassystems | Valuation | SiriusOne , Venture Center | |
| Aug, 2023 | Amount | Seed - Snrassystems | Valuation |
investors |
| 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 |
Investors in Snrassystems
Snrassystems has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Faad Capital, Indigram Labs and MABIF. 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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Founded Year | Domain | Location | |
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Investment in tech startups focusing on innovation and emerging trends in India.
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Startups are incubated at Venture Center, backed by CSIR.
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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 Snrassystems
| 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 - Snrassystems
| 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 |
Snrassystems Comparisons
Competitors of Snrassystems
Snrassystems 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 Forever Oceans, Nofitech, FishGLOBE, Lgem and Catalina Sea Ranch, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Aquaculture is offered via patented offshore farming technology.
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| domain | founded_year | HQ Location |
Developer of RAS solution for seawater and freshwater
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| domain | founded_year | HQ Location |
Closed farming technology is developed for aquaculture sustainability.
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| domain | founded_year | HQ Location |
Controlled indoor systems for algae farming are provided by Lgem.
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| domain | founded_year | HQ Location |
Offshore shellfish ranching is managed with integrated IoT sensors.
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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 Snrassystems
When was Snrassystems founded?
Snrassystems was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Snrassystems located?
Snrassystems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Snrassystems?
Suvo Sircar is the current CEO of Snrassystems. They have also founded this company.
Is Snrassystems a funded company?
Snrassystems is a funded company, having raised a total of $2.05M across 6 funding rounds to date. The company's 1st funding round was a Seed of $138.47K, raised on Dec 04, 2020.
What is the annual revenue of Snrassystems?
Annual revenue of Snrassystems is $107.81K as on Mar 31, 2023.
What does Snrassystems do?
Snrassystems was founded in 2019 in Bengaluru, India, and operates in the aquaculture sector. Recirculatory systems, including compact nano units, are produced to enable power-efficient seafood cultivation in single setups. Operations focus on manufacturing and development of these systems, supporting sustainable aquaculture practices across various scales. Key personnel include directors and co-founders overseeing management and innovation.
Who are the top competitors of Snrassystems?
Snrassystems's top competitors include FishGLOBE, Forever Oceans and Nofitech.
What products or services does Snrassystems offer?
Snrassystems offers iStart, Bluemax Combofilter, and Neelvahan.
Who are Snrassystems's investors?
Snrassystems has 18 investors. Key investors include Faad Capital, Indigram Labs, MABIF, SiriusOne, and Enrission India Capital.
What is Snrassystems's valuation?
The valuation of Snrassystems is $18.74M as of Dec 2024.