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.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | BUYO INDIA PRIVATE LIMITED |
|---|---|
| CIN | U24290TZ2020PTC033757 |
| PAN | AAICB9961G (source: Tofler; consistent with GSTIN 33AAICB9961G1ZG) |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 13 May 2020 (source: Tofler, Falconebiz, TheCompanyCheck) |
| ROC | RoC-Coimbatore (source: Tofler, Falconebiz) |
| Sector (NIC) | CIN class code 24290 (NIC 24290 — manufacture of other chemical products n.e.c.). Tofler labels the entity "Manufacturing of Pharmaceuticals and Biofuel Wholesale Trading." Actual business is a biofuel/biomass trading marketplace (source: Tofler, IndiaMART, company site). |
| Registered address | No.18 Vigneshwara Layout, Kovaipudur, Coimbatore, Tamil Nadu 641042 (source: Tofler, Falconebiz, TheCompanyCheck — all agree) |
| Authorized capital | ₹15,00,000 (₹15 lakh) (source: Tofler, Falconebiz, TheCompanyCheck) |
| Paid-up capital | ₹1,90,160 (~₹1.9 lakh) (source: Falconebiz; Tofler/TheCompanyCheck round to ₹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 (source: Entrackr, IndiaMART, buyofuel.com, Tracxn)
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; Tofler shows the ₹100–150 Cr band with +15.28% YoY growth. Treat ~₹100 Cr as the working figure (minor source conflict on exact value).
- Net profit margin 4.38% and operating margin 3.84% (Tofler) imply PAT ≈ ₹4–4.5 Cr and operating profit ≈ ₹3.8 Cr on ~₹100 Cr revenue — derived, not a stated figure (partial).
- EBITDA: not obtained (exact figure paywalled).
- PAT (exact ₹): not obtained; derived ~₹4.4 Cr only.
- Net worth (exact ₹): not obtained; Tofler notes net-worth change −21.1% for the year yet also an 843.8% book-networth growth flag (internally inconsistent on Tofler — do not rely).
- Borrowings: not obtained in ₹; Tofler shows borrowings down −35.78% YoY.
- Ratios (Tofler): 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) (source: Mercom, Tracxn) |
|---|---|
| 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 (source: Entrackr) |
| Jun 2023 | ₹4.5 Cr from Recur Club (revenue-based/debt financing), lead of that round per Tracxn |
Reported investor base: 103 investors (23 institutional, 80 angels) per Tracxn. (Tracxn used only for round names/investors per sourcing rules.)
Charges & Loans
Partial / conflictingOpen charges (source: Tofler; TheCompanyCheck corroborates ~₹9 Cr open, ₹3 Cr satisfied):
- 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 (a further ~₹2 Cr charge is implied but the third charge-holder was not obtained) and ₹3 Cr satisfied.
Competitors
Partial / conflicting- Punjab Renewable Energy Systems (PRESPL) — biomass supply chain, larger scale
- A2P Energy Solutions — agri-waste-to-energy, mid-scale
- Biofuels Junction — comparable B2B biofuel marketplace, similar/early scale
- other briquette/pellet aggregators at smaller scale
- (Sector peers, approximate — not from a single authoritative ranking.)
Frequently Asked Questions
What does BUYO INDIA PRIVATE LIMITED do?
What is the CIN of BUYO INDIA PRIVATE LIMITED?
Where is BUYO INDIA PRIVATE LIMITED registered?
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.