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.
Buyo India Private Limited, operating under the brand "Buyofuel," is an online B2B marketplace based in Coimbatore, India. Founded in 2020 by Kishan Karunakaran and Sumanth Kumar Selvarasu, it connects biofuel manufacturers, waste generators, and industrial fuel consumers. Buyofuel reported a revenue of approximately ₹100 crore for FY25. It has received funding from venture capital and debt sources amounting to around $2.61 million across multiple rounds.
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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, source: Entrackr, IndiaMART, buyofuel.com, Tracxn.
Sector & Classification
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).
Directors & Key Management
Directors — source notes
Four directors on record (source: Tofler, with DINs): - Kishan Karunakaran — DIN 02029598 (co-founder/CEO) - Selvan Venkateswaran — DIN 07884307 - Selvarasu Sumanth Kumar — DIN 08005450 (co-founder) - Padmakumar Nair Prasad — DIN 08591880 TheCompanyCheck lists the first three names without DINs (consistent). Falconebiz's cached page showed 0 KMP (stale), so DINs rely on Tofler alone — treat as partial-confirmed.
GST Registrations
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
Buyo India Private Limited reported approximately ₹100 Cr in revenue for FY ending March 31, 2025, with a net profit margin of 4.38%. The company experienced a 15.28% annual growth, with borrowings reduced by 35.78%. ROE stands at 57.76% and ROCE at 51.84%, with assets growing 25.12% year-over-year.
AI-generated, may contain errors.
| Latest 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 History
| 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), 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. |
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| TheCompanyCheck corroborates | ~₹9 Cr | Open |
| 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 |
- Open charges, source: Tofler; ₹3 Cr satisfied:
- a further ~₹2 Cr charge is implied but the third charge-holder was not obtained
Legal & Compliance
- No litigation located. A search for the entity/brand on Indian Kanoon returned no case records; none found — treat as "none found" rather than "none exist", public search only.
Competitive Landscape
- 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?
Buyo India Private Limited, operating under the brand name Buyofuel, is an online B2B marketplace based in Coimbatore. It connects biofuel manufacturers, waste generators, and industrial fuel consumers, offering products like solid biofuels, liquid biofuels, and gaseous biofuels.
When was Buyo India Private Limited incorporated?
Buyo India Private Limited was incorporated on 13 May 2020.
What is the Corporate Identification Number (CIN) of Buyo India Private Limited?
The Corporate Identification Number (CIN) of Buyo India Private Limited is U24290TZ2020PTC033757.
What is the primary GSTIN for Buyo India Private Limited?
The primary GSTIN for Buyo India Private Limited is 33AAICB9961G1ZG, registered in Tamil Nadu.
Where is the registered office of Buyo India Private Limited?
The registered office of Buyo India Private Limited is located at No.18 Vigneshwara Layout, Kovaipudur, Coimbatore, Tamil Nadu 641042.
Sources
Tofler (company + directors + charges + financial ratios), Falconebiz (identity, capital, paid-up), TheCompanyCheck (FY25 revenue, charges summary), MastersIndia (GSTIN), Entrackr (Nov-2022 pre-Series A), Mercom India (2021 seed), Tracxn (funding rounds/investor count — round names only), IndiaMART + buyofuel.com (business/products). CIN↔name validated on TheCompanyCheck and Falconebiz.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.