About Symbosim
Symbosim is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2016. Cloud-based platform for designing composite structures. Its focus areas include Chemicals and Materials Tech, Materials Tech, Research and Development and Modeling and Simulation. Its legal entity in India is Symbosim Simulations Private Limited (U72900KA2017PTC099143).
Company details
Symbosim has developed a cloud-based platform for designing and optimising composite structures. The platform uses Variational Asymptotic Method (VAM) that reduces a 3-D problem into a combination of a 2-D and 1-D problem. Analytical results can be obtained for the 2-D problem and only 1-D problem needs to be solved iteratively which reduces the number of equations to be solved thereby reducing the time required in designing. The product can be used in markets like aerospace, energy, automotive and sports. The company is incubated by The Airbus BizLab
- Headquarters Bengaluru, India
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website symbosim.com
- Social LinkedIn Facebook
- Legal Name Symbosim Simulations Private Limited
- Date of Incorporation 12 Jan, 2017
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹3.2 Lakh
FY 2020 · 0% margin
- EBITDA-₹2.3 Lakh
FY 2020 · 0% margin
- Investors
Associated legal entities of Symbosim
Symbosim operates through Symbosim Simulations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Symbosim Simulations Private Limited CIN U72900KA2017PTC099143 | Active | 12 Jan 2017 | Bangalore, Karnataka | 3 | View details |
Funding Insights of Symbosim
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Symbosim 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 |
|---|---|---|---|---|---|
| Aug 2017 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Symbosim
Symbosim has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Startup Karnataka.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India |
Investor details for Symbosim
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Symbosim Simulations Private Limited (Symbosim)
Symbosim Simulations Private Limited is the primary company behind Symbosim. The board of Symbosim Simulations Private Limited currently have 3 directors; the longest-serving is Narena Dinesh Kumar, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narena Dinesh Kumar DIN 07520353 | Director | 12 Jan 2017 | 9 yrs 9 mo | Symbosim Simulations Private Limited |
| Netravathi Gupta Burela DIN 07921068 | Director | 20 Sep 2017 | 9 yrs 1 mo | Symbosim Simulations Private Limited |
| Shashank Agrawal DIN 07521773 | Director | 12 Feb 2019 | 7 yrs 8 mo | Symbosim Simulations Private Limited |
Financials of Symbosim
Figures of Symbosim Simulations Private Limited, the primary company behind Symbosim, for FY 2020. Net loss was -₹3.2 Lakh (0% margin). EBITDA was -₹2.3 Lakh (0% margin).
- -₹3.2 LakhNet loss · 0% margin
- -₹2.3 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Symbosim Simulations Private Limited are on its company page.
Detailed financial statements for Symbosim
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Symbosim
2 dated milestones of Symbosim across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Symbosim is founded.
- Funding First funding round.
Top companies in Materials Equipment & Tech
3 companies that operate in the same segment as Symbosim (Materials Equipment & Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tech-interfaced procurement marketplace is operated for metal manufacturers. | 2017 | Kolkata, West Bengal, India | USD 17.19 M | USD 22.11 M | 48 | |
Retailer of various steel products including mild, stainless, and structural | 2020 | Mumbai, Maharashtra, India | USD 91.56 M | USD 655.54 M | 878 | |
Provider of B2B platform for raw material procurement and credit access | 2015 | Ahmedabad, Gujarat, India | USD 776.03 M | USD 1.88 B | 940 |
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Related news about Symbosim
Complete news archive for Symbosim
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Frequently Asked Questions about Symbosim
Symbosim was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Symbosim is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Symbosim has developed a cloud-based platform for designing and optimising composite structures. The platform uses Variational Asymptotic Method (VAM) that reduces a 3-D problem into a combination of a 2-D and 1-D problem. Analytical results can be obtained for the 2-D problem and only 1-D problem needs to be solved iteratively which reduces the number of equations to be solved thereby reducing the time required in designing. The product can be used in markets like aerospace, energy, automotive and sports. The company is incubated by The Airbus BizLab.
Symbosim has 1 investor. Key investors include Startup Karnataka.
Symbosim operates through Symbosim Simulations Private Limited.
The legal entities of Symbosim currently have 3 directors, including Shashank Agrawal, Netravathi Gupta Burela, Narena Dinesh Kumar.