About Sukraft
Sukraft is a company based in Thane (India) founded in 2010 by Bhavik Patel.. Sukraft has raised $3.46 million across 3 funding rounds from investors including Rakesh Shankarlal Kedia, Karsanbhai Somjibhai Patel and Nilesh Kumar Tolia And Sons. The company has 195 employees as of June 30, 2024. Sukraft offers products and services including Kraft Paper. Sukraft operates in a competitive market with competitors including Sustana Group, Hamburger Containerboard, Coalsale, Wilmington Paper and Inest, among others.
- Headquarter Thane, India
- Employees 195 as on 30 Jun, 2024
- Founders Bhavik Patel
- Stage Minicorn
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Sectors
Environment
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$28.24 M (USD)-7as on Mar 31, 2024
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Net Profit
$601.64 K (USD)37as on Mar 31, 2024
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EBITDA
$2.61 M (USD)28as on Mar 31, 2024
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Total Equity Funding
$3.46 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Nilesh Kumar Tolia And Sons
& 29 more
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Employee Count
195
as on Jun 30, 2024
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Products & Services of Sukraft
Sukraft offers a comprehensive portfolio of products and services, including Kraft Paper. 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.
Eco-friendly paper made from recycled fibers for packaging needs.
Funding Insights of Sukraft
Sukraft has successfully raised a total of $3.46M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(31 Mar 2011)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Angel Round - Sukraft | Valuation | Rakesh Shankarlal Kedia , Karsanbhai Somjibhai Patel |
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| Jun, 2019 | Amount | Unspecified - Sukraft | Valuation | Nilesh Kumar Tolia And Sons | |
| Mar, 2011 | Amount | Seed - Sukraft | Valuation | Yaalini Developers |
| 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 Sukraft
Sukraft has secured backing from 30 investors, including angel and institutional investors. Prominent investors backing the company include Rakesh Shankarlal Kedia, Karsanbhai Somjibhai Patel and Nilesh Kumar Tolia And Sons. 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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Provider of financial services
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Founded Year | Domain | Location | |
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Diversified real estate development services are provided in Mumbai.
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Founded Year | Domain | Location | |
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Provider of general building contracting services
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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 Sukraft
| 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 - Sukraft
| 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 |
Sukraft Comparisons
Competitors of Sukraft
Sukraft 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 Sustana Group, Hamburger Containerboard, Coalsale, Wilmington Paper and Inest, 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 |
Fiber and paper recycling services are provided by the company.
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| domain | founded_year | HQ Location |
Provider of paper waste recycling services
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| domain | founded_year | HQ Location |
Provides coal logistics, procurement, and supply chain services across India efficiently.
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| domain | founded_year | HQ Location |
Provider of paper recycling management services
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| domain | founded_year | HQ Location |
Waste paper collection and recycling services are provided by Inest.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Sukraft
When was Sukraft founded?
Sukraft was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Sukraft located?
Sukraft is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Is Sukraft a funded company?
Sukraft is a funded company, having raised a total of $3.46M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.46M, raised on Mar 31, 2011.
How many employees does Sukraft have?
As of Jun 30, 2024, the latest employee count at Sukraft is 195.
What is the annual revenue of Sukraft?
Annual revenue of Sukraft is $28.24M as on Mar 31, 2024.
What does Sukraft do?
Sukraft was founded in 2010 by Bhavik Patel and is headquartered in Thane, India. Operations are centered in the recycling sector, where paper waste is collected, processed, and recycled to support environmental sustainability. Services are extended across India, focusing on efficient paper recovery and reuse in industrial applications. The companys online presence is maintained through the domain sukraft.com.
Who are the top competitors of Sukraft?
Sukraft's top competitors include Wilmington Paper, Hamburger Containerboard and Sustana Group.
What products or services does Sukraft offer?
Sukraft offers Kraft Paper.
Who are Sukraft's investors?
Sukraft has 30 investors. Key investors include Rakesh Shankarlal Kedia, Karsanbhai Somjibhai Patel, Nilesh Kumar Tolia And Sons, Deepak Kumar Barmeda, and Neeta Tolia.
What is Sukraft's valuation?
The valuation of Sukraft is $17.24M as of Mar 2011.