About Suma Agro
Suma Agro is an Agriculture company based in Chennai (India) founded in 2011 by Balamurukan Sumathy. Soil nutrients and conditioners are manufactured by Suma Agro. Suma Agro has raised $88.52 thousand across 1 funding round from investors including Ankur Capital. Suma Agro was last valued at $354.37 thousand in June 2016. Its Indian entity Suma Agro India Private Limited reported revenue of ₹9.60 Cr. Suma Agro offers products and services including Sustainable Farming Solutions and Agriculture Advisory Services. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Inputs and Biologicals.
Company details
Suma Agro was founded in 2011 in Chennai, India, and operates in the agriculture sector. Soil nutrients and conditioners, including Humicas, Jeevan, and Flower Valley, are produced using active carbon technology. These products are characterized as eco-friendly, organic, and fully water-soluble. Soil fertility restoration is facilitated, crop yield and nutrition density are enhanced, and regenerative agriculture is supported by their application.
- Headquarters Chennai, India
- Founders Balamurukan Sumathy
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website sumaagro.com
- Social LinkedIn X Facebook
- Legal Name Suma Agro India Private Limited
- Date of Incorporation 13 Jan, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹9.60 Cr
FY 2024 · +1% YoY
- Net Profit₹78.3 Lakh
FY 2024 · 8% margin
- EBITDA₹1.12 Cr
FY 2024 · 12% margin
- Total Equity Funding$88.52K (USD)
in 1 rounds
- Latest Funding Round$88.52K (USD), Seed
Jun 2016
- Investors
Associated legal entities of Suma Agro
Suma Agro operates through Suma Agro India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Suma Agro India Private Limited CIN U01407TN2016PTC103676 | Active | 13 Jan 2016 | Chennai, Tamil Nadu | ₹9.6 Cr | 2 | View details |
Products & Services of Suma Agro
Suma Agro offers a comprehensive portfolio of products and services, including Sustainable Farming Solutions and Agriculture Advisory Services.
Offers tools and advice for eco-friendly farming practices
Provides guidance on sustainable resource management in farming
Funding Insights of Suma Agro
Suma Agro has successfully raised a total of $88.52K through 1 strategic funding round. The most recent funding activity was a Seed round of $88.52 thousand completed in June 2016. 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 $88,523
- Total Rounds 1
- Last Round Seed — $88,523
- First Round $88,523
(Jun 2016)
- Investors Count 1
All 1 funding rounds of Suma Agro 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 2016 | $88,523 | Seed | $354,372 | Ankur Capital | – |
Last known valuation $354,372 (Jun 2016). 1 investors in total: 1 institutional.
Investors in Suma Agro
Suma Agro has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ankur Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in digital, climate, and deep science technologies. | 2011 | ankurcapital.com | Mumbai, India |
Investor details for Suma Agro
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 Suma Agro India Private Limited (Suma Agro)
Suma Agro India Private Limited is the primary company behind Suma Agro. The board of Suma Agro India Private Limited currently have 2 directors; the longest-serving is Krishnamoorthy Karthikeyan, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishnamoorthy Karthikeyan DIN 07180921 | Director | 13 Jan 2016 | 10 yrs 9 mo | Suma Agro India Private Limited |
| Balamurukan Sumathy DIN 06747471 | Director | 31 Dec 2020 | 5 yrs 10 mo | Suma Agro India Private Limited |
People of Suma Agro
1 people are tracked at Suma Agro (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Suma Agro
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 Suma Agro
Figures of Suma Agro India Private Limited, the primary company behind Suma Agro, for FY 2024. Revenue was ₹9.60 Cr (+1% year on year). Net profit was ₹78.3 Lakh (8% margin). EBITDA was ₹1.12 Cr (12% margin). Revenue has grown at a compounded annual rate of +138% over three years and +70% over five years.
- ₹9.60 CrRevenue · FY 2024 · +1% YoY
- ₹78.3 LakhNet profit · 8% margin
- ₹1.12 CrEBITDA · 12% margin
- ₹38 LakhPaid-up capital
- +138%Revenue CAGR, 3 years
- +70%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Suma Agro India Private Limited are on its company page.
Detailed financial statements for Suma Agro
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 Suma Agro
2 dated milestones of Suma Agro across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Suma Agro is founded.
- Funding First funding round of $89K.
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Suma Agro (Crop Tech & Equipment) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | USD 679.04 M | 2,764 | ||
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 |
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Frequently Asked Questions about Suma Agro
Suma Agro was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Suma Agro is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Suma Agro is a funded company, having raised a total of $88.52K across 1 funding round to date. The company's 1st funding round was a Seed of $88.52K, raised on Jun 2016.
The primary company behind Suma Agro, Suma Agro India Private Limited, reported revenue of ₹9.60 Cr for FY 2024, up 1% year on year.
Suma Agro was founded in 2011 in Chennai, India, and operates in the agriculture sector. Soil nutrients and conditioners, including Humicas, Jeevan, and Flower Valley, are produced using active carbon technology. These products are characterized as eco-friendly, organic, and fully water-soluble. Soil fertility restoration is facilitated, crop yield and nutrition density are enhanced, and regenerative agriculture is supported by their application.
Suma Agro offers Sustainable Farming Solutions and Agriculture Advisory Services.
Suma Agro has 1 investor. Key investors include Ankur Capital.
The valuation of Suma Agro is $354.37K as of Jun 2016.
Suma Agro operates through Suma Agro India Private Limited.
The legal entities of Suma Agro currently have 2 directors, including Balamurukan Sumathy, Krishnamoorthy Karthikeyan.