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
Buyofuel, operated by Buyo India Private Limited and founded in 2020 in Coimbatore, is an online B2B marketplace connecting biofuel manufacturers, waste generators, and industrial fuel consumers across product categories including biomass briquettes, biodiesel, and Bio CNG. The company reported approximately Rs 100 Cr in revenue for FY25, reflecting around 15% year-on-year growth, with a net profit margin of 4.38%. Clients include Aditya Birla, JSW, and Ramco Cements.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| 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
- 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
Four 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
| 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
Latest 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
Total ~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
Open 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
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