About Snrassystems
Snrassystems is an Agriculture company based in Bengaluru (India) founded in 2019 by Suvo Sircar and Vivek Saha. Recirculatory aquaculture systems are manufactured for efficient seafood production. Snrassystems has raised $2.19 million across 9 funding rounds from investors including Faad Capital, Indigram Labs and MABIF. Snrassystems was last valued at $18.74 million in December 2024. Its chief executive, as recorded, is Suvo Sircar. Its Indian entity Shuvoneel Ras System Private Limited reported revenue of ₹88.34 Cr. Snrassystems offers products and services including iStart, Bluemax Combofilter, and Neelvahan. Its focus areas include Food and Agriculture Tech, Aquaculture Tech, Farm Equipment and Recirculating Aquaculture.
Company details
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.
- Headquarters Bengaluru, India
- Founders Suvo Sircar, Vivek Saha
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website snrassystems.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Shuvoneel Ras System Private Limited
- Date of Incorporation 31 Jan, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹88.34 Cr
FY 2025 · +150% YoY
- Net Loss-₹98.7 Lakh
FY 2025 · -1% margin
- EBITDA₹1.29 Cr
FY 2025 · 1% margin
- Total Equity Funding$2.19M (USD)
in 9 rounds
- Latest Funding Round$115.54K (USD), Series A
Jun 2025
- InvestorsFaad Capital
& 17 more
Associated legal entities of Snrassystems
Snrassystems is associated with 2 registered companies on The Company Check; the primary company is Shuvoneel Ras System Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shuvoneel Ras System Private Limited CIN U62099PN2019PTC181843 | Active | 31 Jan 2019 | Pune, Maharashtra | ₹88.3 Cr | 4 | View details | |
| Shuvoneel Ras System Private Limited CIN U05000PN2019PTC181843 | 31 Jan 2019 | Pune, Maharashtra, India | View details |
Products & Services of Snrassystems
Snrassystems offers a comprehensive portfolio of products and services, including iStart, Bluemax Combofilter, and Neelvahan.
Power-efficient system for recirculatory fish production setups.
Advanced filter for maintaining aquaculture water quality.
Component for efficient recirculatory aquaculture operations.
Apps and channels of Snrassystems
its YouTube channel SNRASSYSTEMS Pvt. Ltd. has 4 subscribers.
Funding Insights of Snrassystems
Snrassystems has successfully raised a total of $2.19M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $115.54 thousand completed in June 2025. 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 $2.19M
- Total Rounds 9
- Last Round Series A — $115,540
- First Round $40,600
(Dec 2020)
- Investors Count 18
All 9 funding rounds of Snrassystems 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 |
|---|---|---|---|---|---|
| Jun 2025 | $115,540 | Series A | – | SiriusOne | – |
| Dec 2024 | $1.17M | Seed | $18.74M | Enrission India Capital | – |
| Jan 2024 | $422,700 | Seed | $4.18M | SiriusOne, Venture Center | |
| Dec 2023 | $12,013 | Seed | – | SINE | – |
| Sep 2023 | $12,032 | Seed | – | – | – |
| Aug 2023 | $138,470 | Seed | $••••• | – | |
| Mar 2023 | $235,700 | Seed | $••••• | Savli Technology and Incubator, SINE | |
| Mar 2022 | $39,300 | Seed | $••••• | MABIF | – |
| Dec 2020 | $40,600 | Seed | $••••• | Indigram labs | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2024 | $18.74M | •••••••• |
| Jan 2024 | $4.18M | •••••••• |
| Aug 2023 | $••••• | •••••••• |
| Mar 2023 | $••••• | •••••••• |
| Mar 2022 | $••••• | •••••••• |
Full valuation and stage history of Snrassystems
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $18.74M (Dec 2024). 18 investors in total: 9 institutional and 9 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| 2016 | capital-enrissionindia.jp | |||
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Startups are incubated at Venture Center, backed by CSIR. | venturecenter.co.in | Pune, India | ||
Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors. | 2016 | indigramlabs.org | Delhi, India | |
Early-stage companies and SMEs are invested in by Eaglewings Ventures. | eaglewings.vc | Mumbai, India | ||
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India | |
Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay. | sineiitb.org | Mumbai, India | ||
Agribusiness incubation, food processing support, and mentorship services in Southern Tamil Nadu. | 2018 | mabif.com | Madurai, India | |
RN Ravi Nigam | unknown_bf2a51b4beb9431b9 |
Investor details for Snrassystems
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 Shuvoneel Ras System Private Limited (Snrassystems)
Shuvoneel Ras System Private Limited is the primary company behind Snrassystems. The board of Shuvoneel Ras System Private Limited currently have 4 directors; the longest-serving is Kejal Thacker, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kejal Thacker DIN 08349016 | Director | 31 Jan 2019 | 7 yrs 9 mo | Shuvoneel Ras System Private Limited |
| Suvadeep Sarkar DIN 10288466 | Director | 26 Aug 2023 | 3 yrs 2 mo | Shuvoneel Ras System Private Limited |
| Vivek Saha DIN 07094754 | Director | 26 Aug 2023 | 3 yrs 2 mo | Shuvoneel Ras System Private Limited |
| Arindom Sanyal DIN 08491650 | Director | 26 Aug 2023 | 3 yrs 2 mo | Shuvoneel Ras System Private Limited |
People of Snrassystems
4 people are tracked at Snrassystems (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Director | Leadership | |
| Director | Leadership | |
Suvo Sircar | Co-Founder & CEO | Leadership |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Snrassystems
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 Snrassystems
Figures of Shuvoneel Ras System Private Limited, the primary company behind Snrassystems, for FY 2025. Revenue was ₹88.34 Cr (+150% year on year). Net loss was -₹98.7 Lakh (-1% margin). EBITDA was ₹1.29 Cr (1% margin). Revenue has grown at a compounded annual rate of +320% over three years and +171% over five years.
- ₹88.34 CrRevenue · FY 2025 · +150% YoY
- -₹98.7 LakhNet loss · -1% margin
- ₹1.29 CrEBITDA · 1% margin
- ₹3.3 LakhPaid-up capital
- +320%Revenue CAGR, 3 years
- +171%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shuvoneel Ras System Private Limited are on its company page.
Detailed financial statements for Snrassystems
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 Snrassystems
4 dated milestones of Snrassystems across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Snrassystems is founded.
- Funding First funding round of $41K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $116K.
Top companies in Aquaculture Tech & Equipment
3 companies that operate in the same segment as Snrassystems (Aquaculture Tech & Equipment) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
End-to-end AI solutions are delivered for shrimp and fish farmers. | 2017 | Chennai, Tamil Nadu, India | USD 24.1 M | USD 17.44 M | 160 | |
An IoT-powered tech platform is provided for aquaculture farmers. | 2020 | Bhimavaram, Andhra Pradesh, India | USD 18.95 M | USD 9.23 M | 46 | |
Seafood supply chain marketplace connecting producers and retailers is operated. | 2019 | Bengaluru, Karnataka, India | USD 260.68 M | USD 96.34 M | 458 |
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Frequently Asked Questions about Snrassystems
Snrassystems was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Snrassystems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Suvo Sircar is the CEO of Snrassystems, as recorded in our data. They have also founded this company.
Snrassystems is a funded company, having raised a total of $2.19M across 9 funding rounds to date. The company's 1st funding round was a Seed of $40.6K, raised on Dec 2020.
The primary company behind Snrassystems, Shuvoneel Ras System Private Limited, reported revenue of ₹88.34 Cr for FY 2025, up 150% year on year.
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.
Snrassystems offers iStart, Bluemax Combofilter, and Neelvahan.
Snrassystems has 18 investors. Key investors include Faad Capital, Indigram Labs, MABIF, SiriusOne, and Enrission India Capital.
The valuation of Snrassystems is $18.74M as of Dec 2024.
Snrassystems operates through Shuvoneel Ras System Private Limited.
The legal entities of Snrassystems currently have 4 directors, including Suvadeep Sarkar, Vivek Saha, Arindom Sanyal and others.