Company Intelligence Profile
BUYO INDIA PRIVATE LIMITED
Buyo India Private Limited (brand "Buyofuel") is a Coimbatore-based online B2B marketplace for biofuels and organic/industrial waste, incorporated 2020, ~₹100 Cr FY25 revenue, VC- and RBF-funded.
Last updated 4 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | BUYO INDIA PRIVATE LIMITED |
|---|---|
| CIN | U24290TZ2020PTC033757 |
| PAN | AAICB9961G |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 13 May 2020 |
| ROC | RoC-Coimbatore |
| Sector (NIC) |
|
| Registered address | No.18 Vigneshwara Layout, Kovaipudur, Coimbatore, Tamil Nadu 641042 |
| Authorized capital | ₹15,00,000 (₹15 lakh) |
| Paid-up capital | ₹1,90,160 (~₹1.9 lakh) |
Business Overview
Confirmed- Buyofuel (legal entity Buyo India Pvt Ltd) is India's online B2B marketplace connecting biofuel manufacturers, waste generators and industrial fuel consumers on a single platform
- Product categories: solid biofuels (biomass briquettes, pellets, wood chips), liquid biofuels (biodiesel, bio furnace oil), and gaseous biofuels (Bio CNG); it also digitises access to organic/industrial waste feedstock
- Founded 2020 by Kishan Karunakaran and Sumanth Kumar Selvarasu
- Named clients disclosed in press include Aditya Birla, JSW, TVS Tyres, Ramco Cements, Dalmia Cements and Thermax
- At its Nov-2022 raise it reported 1,600+ verified users and monthly revenue exceeding ₹2 Cr
Directors & DINs
Partial / conflictingFour directors on record (source: Tofler, with DINs):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Kishan Karunakaran | 02029598 | - | - |
| Selvan Venkateswaran | 07884307 | - | - |
| Selvarasu Sumanth Kumar | 08005450 | - | - |
| Padmakumar Nair Prasad | 08591880 | - | - |
GST Registration
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 33AAICB9961G1ZG | Tamil Nadu | AAICB9961G (source: Tofler; consistent with GSTIN 33AAICB9961G1ZG) | Active |
Primary GSTIN: 33AAICB9961G1ZG — Tamil Nadu (state code 33), status Active, registered 28 May 2020 (source: MastersIndia). PAN: AAICB9961G. Home state: Tamil Nadu. Number of registrations: 1 confirmed (Tamil Nadu); additional-state registrations not obtained.
Financials
Partial / conflictingLatest audited FY ending 31 Mar 2025 (standalone; no subsidiaries identified):
- Revenue: ~₹100.63 Cr per TheCompanyCheck
- Net profit margin 4.38% and operating margin 3.84% imply PAT ≈ ₹4–4.5 Cr and operating profit ≈ ₹3.8 Cr on ~₹100 Cr revenue — derived, not a stated figure.
- EBITDA: not obtained (exact figure paywalled).
- PAT (exact ₹): not obtained; derived ~₹4.4 Cr only.
- Net worth (exact ₹): not obtained
- Borrowings: not obtained in ₹
- Ratios: ROE 57.76%, ROCE 51.84%, assets +25.12% YoY.
Exact rupee EBITDA/PAT/net worth require the audited MCA financials / Tofler Pro and were not obtained.
Funding
ConfirmedTotal ~US$2.61M across 5 rounds (4 seed + 1 grant) per Tracxn, plus debt/RBF:
| Seed (Oct–Nov 2021) | ₹16 million (~$0.21M) led by Inflection Point Ventures (IPV) |
|---|---|
| Pre-Series A (Nov 2022) | ₹11.5 Cr led by IPV, with Venture Catalysts, LetsVenture, Lead Angels Fund and Gruhas Proptech; proceeds for geographic expansion, product and tech |
| Jun 2023 | ₹4.5 Cr from Recur Club (revenue-based/debt financing), lead of that round per Tracxn |
103 investors (23 institutional, 80 angels) per Tracxn.
Charges & Loans
Partial / conflictingOpen charges:
- Caspian Impact Investments Private Limited — ₹4.0 Cr, created 23 Sep 2024
- UC Inclusive Credit Private Limited — ₹3.0 Cr, created 30 Mar 2024
TheCompanyCheck indicates total open charges ~₹9 Cr and ₹3 Cr satisfied.
Competitors
Partial / conflictingFrequently Asked Questions
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