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Phitons Bioengineering - About the company

Phitons Bioengineering is a seed company based in Bengaluru (India), founded in 2018 by Shiva Subramanian. It operates as a Manufacturer of compostable and sustainable packaging solutions. Phitons Bioengineering has raised $224K in funding from Heliosbiomaterials, with a current valuation of *****. The company has 46 active competitors, including 15 funded and 4 that have exited. Its top competitors include companies like TIPA, Shellworks and ePac Flexible Packaging.

Company Details

Manufacturer of compostable and sustainable packaging solutions. It offers alternatives to single-use plastics for various applications, including food packaging, agriculture, and industrial components. The company focuses on naturally compostable materials that promote soil health and reduce environmental impact. Products are designed to extend shelf life and reduce waste. The manufacturing process incorporates advanced materials and polymer processing technologies.
Email ID
*****@phitons.com
Phone Number
+91 **********
Registered Address
No 71/2, 5th Floor Sona Towers, Millers Road, Vasanth Nagar, Bangalore, BANGALORE, Karnataka, India, 560052
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Seed
Total Funding
$224K in 1 round
Latest Funding Round
Post Money Valuation
***** as on May 31, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
27 as on May 31, 2026
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Phitons Bioengineering's funding and investors

Phitons Bioengineering has raised a total funding of $224K over 1 round. Phitons Bioengineering has 1 institutional investor.

Here is the list of recent funding rounds of Phitons Bioengineering:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 04, 2024
9552083
Seed
9046202
4890898
6864694
8540276
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Phitons Bioengineering's founders and board of directors

Founder? Claim Profile
The founders of Phitons Bioengineering is Shiva Subramanian. Santosh Nagasamy is the CEO of Phitons Bioengineering.
Here are the details of Phitons Bioengineering's key team members:

Phitons Bioengineering's Board of Directors

Phitons Bioengineering's board has 4 active members. Shiva Subramanian is part of team and Babu Padmanabhan, Satish Padmanabhan and Anudeep Sandanamudi are independent board members.
Here is the list of Phitons Bioengineering's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 5m
Independent board member
-
Current
5y 3m
ecushgr
Independent board member
-
Current
3y 4m
bgdjymz
Independent board member
-
Past
6y 3m

Phitons Bioengineering's employee count trend

Phitons Bioengineering has 27 employees as of May 26. Here is Phitons Bioengineering's employee count trend over the years:
Employee count trend for Phitons Bioengineering
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Phitons Bioengineering's Competitors and alternates

Top competitors of Phitons Bioengineering include TIPA, Shellworks and ePac Flexible Packaging. Here is the list of Top 10 competitors of Phitons Bioengineering, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TIPA
TIPA
2010, Hod Hasharon (Israel), Series C
Biodegradable and recyclable packaging solutions
$130M
65/100
2nd
Logo for Shellworks
Shellworks
2018, London (United Kingdom), Series A
Biotech startup Shellworks is focused on creating sustainable alternatives to plastic packaging by turning waste crustacean shells into biodegradable and compostable products.
$22.1M
62/100
3rd
Logo for ePac Flexible Packaging
ePac Flexible Packaging
2016, Middleton (United States), Acquired
Manufacturer of custom flexible packaging using digital printing
$45M
53/100
4th
Logo for Polymateria
Polymateria
2015, London (United Kingdom), Series B
Developer of biodegradable and compostable plastics
$79.4M
50/100
5th
Logo for Fibmold
Fibmold
2022, Mumbai (India), Series A
Provider of sustainable packaging solutions from compostable plastic
$10M
48/100
6th
Logo for Great Wrap
Great Wrap
2019, Melbourne (Australia), Series A
Manufacturer of home compostable cling wrap
$13.1M
41/100
7th
Logo for PlasticFri
PlasticFri
2018, Stockholm (Sweden), Series A
Provider of eco-friendly plastics
$3.34M
40/100
8th
Logo for Bioelements
Bioelements
2014, Santiago (Chile), Series A
Provider of biobags and packaging products services
$30M
38/100
9th
Logo for The Better Packaging
The Better Packaging
2001, Auckland (New Zealand), Series A
Provider of reusable package solutions for eCommerce business
$5M
35/100
10th
Logo for Phitons Bioengineering
Phitons Bioengineering
2018, Bengaluru (India), Seed
Manufacturer of compostable and sustainable packaging solutions
$224K
-
34/100
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Phitons Bioengineering's Latest cap tables and shareholding

Founders own 19.96%, Enterprises (largest shareholder) own 59.98%, Other People own 11.98% and Other Investors own 8.07%. The net worth of Phitons Bioengineering's founders is INR 195Cr as of May 31, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
19.96%
195Cr
8453959
2350608
3263644
8875823
5444663
2340091
8501719
2637837
4162090
9510907
Enterprise
59.98%
586Cr
3485682
6113277
5038575
9402753
Other People
11.98%
117Cr
4609215
2336553
2798441
7396462
Other Investors
8.07%
78.8Cr
2191635
4184115
3646404
9363679
Total
99.99%
977Cr
1717736
9391569
5111363
4737441
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer

Phitons Bioengineering's Investments and acquisitions

Phitons Bioengineering has made no investments or acquisitions yet.

Reports related to Phitons Bioengineering

Here is the latest report on Phitons Bioengineering's geography:

FAQs about Phitons Bioengineering

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