About VARSYA
VARSYA is a Consumer company based in Thiruvananthapuram (India) founded in 2020. It provides eco-friendly packaging alternatives to plastics and styrofoam for various industries. It operates on a B2B model in Consumer and Chemicals & Materials sectors. Its Indian entity Varsya Eco Solutions Private Limited reported revenue of ₹26.3 Lakh. VARSYA offers products and services including Biolayer and Biopack. Its focus areas include Food and Agriculture Tech, Waste Management, Agricultural Waste and Biodegradable Packaging. Its competitors include Dharaksha Ecosolutions, Bollant Industries and Craste; 3 of its 3 listed competitors have raised funding.
Company details
Varsya develops innovative packaging from natural ingredients like vegetable seeds and agricultural waste to replace harmful plastics and thermocols. The company focuses on eco-friendly coatings and biodegradable materials, serving sectors such as FMCG, Pharma, and Courier. Based in Kerala, India, it empowers rural communities through sustainable income opportunities and aims to minimize environmental pollution without compromising quality.
- Headquarters Thiruvananthapuram, India
- SectorsConsumerChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website varsya.com
- Social Facebook
- Legal Name Varsya Eco Solutions Private Limited
- Date of Incorporation 27 Jun, 2020
- Jurisdiction Kazhakottom, Kerala, India
- Annual Revenue₹26.3 Lakh
FY 2024 · +25% YoY
- Net Loss-₹30.1 Lakh
FY 2024 · -115% margin
- EBITDA-₹25.4 Lakh
FY 2024 · -97% margin
Associated legal entities of VARSYA
VARSYA operates through Varsya Eco Solutions 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 |
|---|---|---|---|---|---|---|---|
| Varsya Eco Solutions Private Limited CIN U51909KL2020PTC062582 | Active | 27 Jun 2020 | Kazhakottom, Kerala | ₹0.3 Cr | 2 | View details |
Products & Services of VARSYA
VARSYA offers a comprehensive portfolio of products and services, including Biolayer and Biopack.
Non-toxic barrier derived from vegetable seeds for packaging in FMCG and Pharma.
Biodegradable alternative to styrofoam using coconut husk and waste materials.
Board of directors of Varsya Eco Solutions Private Limited (VARSYA)
Varsya Eco Solutions Private Limited is the primary company behind VARSYA. The board of Varsya Eco Solutions Private Limited currently have 2 directors; the longest-serving is Anu Asok, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anu Asok DIN 08774073 | Director | 27 Jun 2020 | 6 yrs 4 mo | Varsya Eco Solutions Private Limited |
| Nitheesh Sundaresan DIN 08774074 | Director | 27 Jun 2020 | 6 yrs 4 mo | Varsya Eco Solutions Private Limited |
Financials of VARSYA
Figures of Varsya Eco Solutions Private Limited, the primary company behind VARSYA, for FY 2024. Revenue was ₹26.3 Lakh (+25% year on year). Net loss was -₹30.1 Lakh (-115% margin). EBITDA was -₹25.4 Lakh (-97% margin). Revenue has grown at a compounded annual rate of +21% over three years.
- ₹26.3 LakhRevenue · FY 2024 · +25% YoY
- -₹30.1 LakhNet loss · -115% margin
- -₹25.4 LakhEBITDA · -97% margin
- ₹1 LakhPaid-up capital
- +21%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Varsya Eco Solutions Private Limited are on its company page.
Detailed financial statements for VARSYA
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of VARSYA
VARSYA has 3 listed competitors in our database, 3 of them funded. They include Dharaksha Ecosolutions, Bollant Industries and Craste.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dharaksha.com | 2020 | Delhi, India | $3.45M | 119 | Biodegradable packaging materials are manufactured from crop stubble waste. | |
| bollant.com | 2012 | Hyderabad, India | $3.78M | Manufacturer of eco-friendly disposable tableware and packaging. It produces biodegradable plates, bowls, cups, and trays from natural leaf and recycled paper. The company utilizes agricultural waste in its manufacturing process, offering a sustainable alternative to plastic products. In addition to disposable items, it provides adhesives and printing products for manufacturers in the industry. A key aspect of the business model is the employment of differently-abled individuals. | ||
| craste.co | 2019 | Pune, India | $19,482 | Packaging and furniture applications are manufactured from crop residue. |
Detailed competitors of VARSYA
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Top companies in Food Packaging
3 companies that operate in the same segment as VARSYA (Food Packaging) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diverse products in FMCG, hotels, packaging, and agri-business are offered. | 1910 | Kolkata, West Bengal, India | USD 8.78 B | 47,360 | ||
Glass containers are manufactured for pharmaceuticals and beverages. | 1946 | Kolkata, West Bengal, India | USD 212.68 M | 904 | ||
Disposable plates are manufactured by Agrileaf in India. | 2020 | Mangaluru, Karnataka, India | USD 1.89 M | USD 1.54 M | 54 |
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Frequently Asked Questions about VARSYA
VARSYA was founded in 2020.
VARSYA is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
The primary company behind VARSYA, Varsya Eco Solutions Private Limited, reported revenue of ₹26.3 Lakh for FY 2024, up 25% year on year.
Varsya develops innovative packaging from natural ingredients like vegetable seeds and agricultural waste to replace harmful plastics and thermocols. The company focuses on eco-friendly coatings and biodegradable materials, serving sectors such as FMCG, Pharma, and Courier. Based in Kerala, India, it empowers rural communities through sustainable income opportunities and aims to minimize environmental pollution without compromising quality.
VARSYA's top competitors include Dharaksha Ecosolutions, Bollant Industries and Craste.
VARSYA offers Biolayer and Biopack.
VARSYA operates through Varsya Eco Solutions Private Limited.
The legal entities of VARSYA currently have 2 directors, including Anu Asok, Nitheesh Sundaresan.