About Syona
Syona was a Consumer company based in Chennai (India) founded in 2012. It manufactures high-quality beauty products and cosmetics. It operates on a B2C model. Syona has raised $593.94 thousand across 3 funding rounds from investors including The Chennai Angels, Vaidyanathan Shankar and Gowri Shankar Subramanian. The company has 41 employees. Syona was last valued at $1.93 million in February 2017. The company is recorded as dissolved. Its focus areas include Consumer Goods, Personal Care, Cosmetics and Beauty Products. Its legal entity in India is Syona Cosmetics Private Limited (U52190TN2012PTC086352). Its competitors include Mamaearth, WOW Skin Science and The Body Shop India; 2 of its 3 listed competitors have raised funding.
Company details
Syona, based in Chennai, focuses on producing consumer products, providing personal care products, producing cosmetics, and supplying beauty products. Manufactures high-quality beauty products and cosmetics. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chennai, India
- Employees 41
- Stage Minicorn
- SectorsConsumer
- Website syonacosmetics.com
- Legal Name Syona Cosmetics Private Limited
- Date of Incorporation 18 Jun, 2012
- Jurisdiction Thiruvanmiyur, Tamil Nadu, India
- Net Loss-₹2 Lakh
FY 2022 · 0% margin
- EBITDA-₹40,555
FY 2022 · 0% margin
- Total Equity Funding$593.94K (USD)
in 3 rounds
- Latest Funding Round$113.51K (USD), Seed
Feb 2017
- InvestorsThe Chennai Angels
& 24 more
- Employee Count41
Associated legal entities of Syona
Syona operates through Syona Cosmetics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Syona Cosmetics Private Limited CIN U52190TN2012PTC086352 | Active | 18 Jun 2012 | Thiruvanmiyur, Tamil Nadu | 41 | 2 | View details |
Funding Insights of Syona
Syona has successfully raised a total of $593.94K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $113.51 thousand completed in February 2017. 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 $593,943
- Total Rounds 3
- Last Round Seed — $113,506
- First Round $330,437
(May 2015)
- Investors Count 22
All 3 funding rounds of Syona 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 |
|---|---|---|---|---|---|
| Feb 2017 | $113,506 | Seed | $1.93M | – | |
| Apr 2016 | $150,000 | Angel Round | $900,312 | Lakshmi Narayanan, Shankar Vijayasudha | |
| May 2015 | $330,437 | Seed | $••••• | Lakshmi Narayanan |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2017 | $1.93M | •••••••• |
Last known valuation $1.93M (Feb 2017). 25 investors in total: 1 institutional and 24 angel.
Investors in Syona
Syona has secured backing from 25 investors, including angel and venture fund investors. Prominent investors backing the company include The Chennai Angels, Vaidyanathan Shankar and Gowri Shankar Subramanian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network focused on multiple sectors | 2007 | thechennaiangels.com | Chennai, India | |
VS Vaidyanathan Shankar | Angel investor, ex-banker, focused on fintech and tech startups in India. | unknown_ff5792be2a5b44b78 | ||
GS Gowri Shankar Subramanian | Founder of Aspire Systems, active angel investor in Indian startups | unknown_8480d1077c7944048 | ||
PC Padma Chandrasekaran | unknown_2c3f60b5fb544cb69 | |||
NA Navneet Agarwal | unknown_9297fa7f99f04d3ba | |||
KR Krishna Ramanathan | Angel investor and tech leader, ex-Google, focused on Indian startups | unknown_cf4e5bee718f47c88 | ||
SS Sriram Subramanya | Founder of Integra Software, active angel investor in Indian startups | unknown_aba5673197ef482b9 | ||
SM Sameer Mehta | Co-founder of boAt, leading Indian consumer electronics brand, active angel investor | unknown_8313b41ad4054ecea | ||
SK Satish Kumar | Angel investor and entrepreneur, focused on tech startups in India. | unknown_5acd389852924f7c9 | ||
AK Arun Kumar | unknown_9dc256ee73e14bca8 |
Investor details for Syona
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Syona Cosmetics Private Limited (Syona)
Syona Cosmetics Private Limited is the primary company behind Syona. The board of Syona Cosmetics Private Limited currently have 2 directors; the longest-serving is Raja Varatharaju, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raja Varatharaju DIN 01727590 | Managing Director | 18 Jun 2012 | 14 yrs 4 mo | Syona Cosmetics Private Limited |
| Anuradha Balasubramanian DIN 01656222 | Director | 18 Jun 2012 | 14 yrs 4 mo | Syona Cosmetics Private Limited |
Financials of Syona
Figures of Syona Cosmetics Private Limited, the primary company behind Syona, for FY 2022. Net loss was -₹2 Lakh (0% margin). EBITDA was -₹40,555 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- -₹2 LakhNet loss · 0% margin
- -₹40,555EBITDA · 0% margin
- ₹2.8 LakhPaid-up capital
- 41Employees (provident fund records)
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Syona Cosmetics Private Limited are on its company page.
Detailed financial statements for Syona
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Syona
4 dated milestones of Syona across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Syona is founded.
- Funding First funding round of $330K.
- Funding Latest funding round, Seed, of $114K.
- Milestone Reaches Minicorn status.
Competitors of Syona
Syona has 3 listed competitors in our database, 2 of them funded. They include Mamaearth, WOW Skin Science and The Body Shop India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mamaearth.in | 2016 | Gurugram, India | $89.36M | 1,900 | Online brand offering multi-category natural skin care and makeup products | |
| buywow.in | 2014 | Bengaluru, India | $98M | 100 | Organic beauty products are offered by an internet-first brand. | |
| thebodyshop.in | 2006 | Gurugram, India | 861 | Cruelty-free beauty and body care products are retailed in India. |
Detailed competitors of Syona
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Syona (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 60.63 M |
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Frequently Asked Questions about Syona
Syona was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Syona is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Syona is a funded company, having raised a total of $593.94K across 3 funding rounds to date. The company's 1st funding round was a Seed of $330.44K, raised on May 2015.
Syona has 41 employees.
Syona, based in Chennai, focuses on producing consumer products, providing personal care products, producing cosmetics, and supplying beauty products. Manufactures high-quality beauty products and cosmetics. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Syona's top competitors include Mamaearth, The Body Shop India and WOW Skin Science.
Syona has 25 investors. Key investors include The Chennai Angels, Vaidyanathan Shankar, Gowri Shankar Subramanian, Padma Chandrasekaran, and Navneet Agarwal.
The valuation of Syona is $1.93M as of Feb 2017.
Syona operates through Syona Cosmetics Private Limited.
The legal entities of Syona currently have 2 directors, including Raja Varatharaju, Anuradha Balasubramanian.