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
Not available
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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.
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.
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.
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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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Investor details for Snrassystems
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Investments & Acquisitions by Snrassystems
Investment portfolio details for Snrassystems
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Financial Statements - Snrassystems
Detailed financials for Snrassystems
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Snrassystems Comparisons
Peer comparison for Snrassystems
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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.
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Aquaculture is offered via patented offshore farming technology.
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Developer of RAS solution for seawater and freshwater
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Closed farming technology is developed for aquaculture sustainability.
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Controlled indoor systems for algae farming are provided by Lgem.
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Offshore shellfish ranching is managed with integrated IoT sensors.
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Detailed competitors of Snrassystems
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Latest news on Snrassystems
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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 current CEO of Snrassystems. They have also founded this company.
Snrassystems is a funded company, having raised a total of $2.05M across 6 funding rounds to date.
Annual revenue of Snrassystems is $107.81K as on Mar 31, 2023.
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's top competitors include FishGLOBE, Forever Oceans and Nofitech.
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.