About Somaiya Group
Somaiya Group is a company based in Mumbai (India) founded in 2009.. Somaiya Group has raised $15 million across 1 funding round from investors including Mandala Capital. The company has 1,482 employees as of April 07, 2024. Somaiya Group offers products and services including Sugar and Biofuels and Education Services.
- Headquarter Mumbai, India
- Employees 1482 as on 07 Apr, 2024
-
Sectors
Industrial Goods & Manufacturing
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Godavari Biorefineries Limited
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$243.25 M (USD)18.31as on Mar 31, 2023
-
Net Profit
$2.32 M (USD)-0.97as on Mar 31, 2023
-
EBITDA
$17.52 M (USD)9.28as on Mar 31, 2023
-
Total Equity Funding
$15 M (USD)
in 1 rounds
-
Latest Funding Round
$15 M (USD), Private Equity Round
May 12, 2015
- Investors
-
Employee Count
1482
as on Apr 07, 2024
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
Products & Services of Somaiya Group
Somaiya Group offers a comprehensive portfolio of products and services, including Sugar and Biofuels and Education Services. 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.
Sugar and biofuels are produced and distributed through the group's operations, focusing on agricultural feedstock and energy applications.
Education services are provided through various institutions that offer university-level education, vocational training, and research programs.
Unlock access to complete
Unlock access to complete
Funding Insights of Somaiya Group
Somaiya Group has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $15 million completed in May 2015. 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 1
- Last Round Private Equity Round — $15.0M
-
First Round
First Round
(12 May 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Private Equity Round - Somaiya Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Somaiya Group
Somaiya Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mandala Capital. 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 |
|---|---|---|---|---|
|
Tech & Offline focused VC firm investing in geographies such as India
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Somaiya Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Somaiya Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Somaiya Group Comparisons
Competitors of Somaiya Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Somaiya Group
Frequently Asked Questions about Somaiya Group
When was Somaiya Group founded?
Somaiya Group was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Where is Somaiya Group located?
Somaiya Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Somaiya Group a funded company?
Somaiya Group is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $15M, raised on May 12, 2015.
How many employees does Somaiya Group have?
As of Apr 07, 2024, the latest employee count at Somaiya Group is 1,482.
What is the annual revenue of Somaiya Group?
Annual revenue of Somaiya Group is $243.25M as on Mar 31, 2023.
What does Somaiya Group do?
Somaiya Group was established in 2009 and is based in Mumbai, India. Operations focus on the production of biofuels and specialty chemicals within the manufacturing sector. The company handles the development and supply of these products, serving industrial needs through its domain at somaiya.com. Activities are centered in the Indian market, with an emphasis on chemical innovation and sustainable energy solutions.
What products or services does Somaiya Group offer?
Somaiya Group offers Sugar and Biofuels and Education Services.
Who are Somaiya Group's investors?
Somaiya Group has 1 investor. Key investors include Mandala Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.