When was Sukraft founded?

Sukraft was founded in 1996 and raised its 1st funding round 15 years after it was founded.

Where is Sukraft located?

Sukraft is headquartered in Thane, India. It is registered at C/o D.N. Patel & Bros, Fafadih, Raipur, Raipur, Chattisgarh, India, 492001.

Which legal entities is Sukraft associated with?

Sukraft is associated with SUKRAFT RECYCLING PRIVATE LIMITED and 5 others.

How many employees does Sukraft have?

As of Mar 31, 2026, Sukraft has 332 employees, reflecting a 9% year-over-year growth in headcount.

Is Sukraft a funded company?

Sukraft is a funded company, having raised a total of $3.46M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 31, 2011.

How much is Sukraft worth?

The latest valuation of Sukraft is ₹***** as of Dec 20, 2025. This marks a decline of 64% from its peak valuation of ₹76.7Cr in Mar, 2011. This marks a decline of 64% from its peak valuation of ₹76.7Cr in Mar, 2011.

When was the latest funding round of Sukraft?

Sukraft's latest funding was a $***** Angel round on Sep 04, 2025, with participation from 0 investor. Its primary sector is Waste & Water Management. In India, the Waste & Water Management sector has seen $18.5M in funding in 2026 to date.

What is the annual revenue of Sukraft?

Annual revenue of Sukraft is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Sukraft rank among its competitors?

Sukraft ranks 12th amongst 1433 active competitors, of which 66 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Fairmat, which secured $11.5M in Nov, 2025.

Who are the top competitors of Sukraft?

Sukraft's top competitors include Covanta, Re Sustainability and TerraCycle. Among them, Fairmat secured the most recent funding round in November, 2025.

Sukraft - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of kraft paper. Operations involve the production and supply of paper products using recycled raw materials. It focuses on the conversion of discarded paper into new products through integrated deinking and re-pulping systems. Activities include the management of manufacturing facilities dedicated to the creation of paper goods.

Website: sukraft.com
Social
Email ID: *****@sukraft.com
Phone Number: +91 **********
Registered Address: C/o D.N. Patel & Bros, Fafadih, Raipur, Raipur, Chattisgarh, India, 492001

Key Metrics

Founded Year

1996

Location

Thane, India

Stage

Seed

Total Funding

$3.46M in 4 rounds

Latest Funding Round

Angel, Sep 04, 2025, $*****

Post Money Valuation

₹***** as on Dec 20, 2025

Investors

Nilesh Kumar Tolia And Sons & 40 more

Ranked

12^th among 1433 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

332 as on Mar 31, 2026

Investment & Acquisitions

Payso Fintech

Similar Companies

Jodhani Papers & 60 more

View Sukraft's full profile

Sukraft is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
SUKRAFT RECYCLING PRIVATE LIMITED CIN: U51109GA2010PTC013248 , India, Active	Dec 08, 2010	₹100 - ₹500 Cr (As on Mar 31, 2025)	227 (As on Mar 31, 2026)
SUNSHINE PAP-TECH PRIVATE LIMITED CIN: U21093MH2007PTC331318 , India, Active	Sep 07, 2007	₹100 - ₹500 Cr (As on Mar 31, 2025)	153 (As on Nov 30, 2024)
SUKRAFT PAPERS PRIVATE LIMITED CIN: U21090MH2008PTC425993 , India, Active	Jan 29, 2008	₹100 - ₹500 Cr (As on Mar 31, 2025)	61 (As on Mar 31, 2026)
SWASTIK PULP AND PAPERS PRIVATE LIMITED CIN: U00210CT2005PTC017652 , India, Active	May 26, 2005	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
SWASTIK PETROLEUM LLP CIN: AAV-8125 , India, Active	Feb 09, 2021	0 - ₹10 Cr (As on Mar 31, 2024)	-
SUKRAFT PAPER MILLS PRIVATE LIMITED CIN: U21020CT2011PTC022390 , India, Active	Mar 25, 2011	₹10 - ₹50 Cr (As on Mar 31, 2025)	44 (As on Mar 31, 2026)

Sukraft has raised a total funding of $3.46M over 4 rounds. Its first funding round was on Mar 31, 2011. Sukraft has 12 institutional investors and 29 angel investors.

Here is the list of recent funding rounds of Sukraft:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 04, 2025	9096537	Angel	7412643	2893342	2685581	1658810
Apr 03, 2020	3724501	Angel	2046608	1062211	5314758	7112002
Jun 11, 2019	4712495	Seed	2810856	6681067	Nilesh Kumar Tolia And Sons	Deepak Kumar Barmeda & 15 more

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View details of Sukraft's funding rounds and investors

Sukraft's Board of Directors

Sukraft's board has 4 active members. Tulshidas Shamji Patel, Jayesh Patel, Manoj Patel and Ketan Bharatkumar Patel are independent board members.

Here is the list of Sukraft's board of directors:

Name	Type	Representing	Status	Duration
Tulshidas Shamji Patel	Independent board member	-	Current	9y 2m
junhnsc	Independent board member	-	Current	8y 9m
uhgedar	Independent board member	-	Current	7y 7m
ueexpxy	Independent board member	-	Past	8y 2m

Sukraft's employee count trend

Sukraft has 332 employees as of Mar 26. The total employee count is 8.0% more than what it was in Mar 25. Here is Sukraft's employee count trend over the years:

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Top competitors of Sukraft include Covanta, Re Sustainability and TerraCycle. Here is the list of Top 10 competitors of Sukraft, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Covanta 1983, Morristown (United States), Acquired	Provider of waste recycling services	-	-	68/100
2nd	Re Sustainability 1994, Hyderabad (India), Acquired	Provider of bio medical waste treatment services	$147M	Vistra ITCL, IIML & 10 others	65/100
3rd	TerraCycle 2001, Trenton (United States), Series A	Provider of waste recycling services	$27.4M	Quadia, Nestle & 14 others	63/100
4th	Vertex Energy 2001, Houston (United States), Public	Provider of waste recycling services in oil industry	$4.49M	Centrecourt Asset Management, Cagan McAfee Capital Partners ... & 1 others	61/100
5th	Fairmat 2020, Paris (France), Series B	Provider of fiber recycling services	$85.2M	Slate, CNP & 10 others	56/100
6th	Perma-Fix 1991, Atlanta (United States), Public	Provider of waste treatment services	-	Quabbin Capital, Europa	56/100
7th	SKAKO 1963, Faaborg (Denmark), Public	Supplier of construction equipment & supplies	-	Lind Invest, FCDE	53/100
8th	Winmark 1988, Minneapolis (United States), Public	Operator of retail franchises focused on buying and selling used merchandise	-	-	53/100
9th	Sparklo 2023, Abu Dhabi (United Arab Emirates), Unfunded	Provider of waste recycling services	-	-	52/100
10th	Lakeshore Recycling 1999, Oconomowoc (United States), Acquired	Offers waste recycling services	$4.5M	Goldman Sachs, Maple Capital Management & 5 others	52/100
12th	Sukraft 1996, Thane (India), Seed	Manufacturer of kraft paper	$3.46M	Aafreen Developers, Aromavincom & 39 others	50/100

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Parent Entities (largest shareholder) own 78.21%, Enterprises own 21.78%, Angels own 0.00% and Other People own 0.00%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Parent Entity	78.21%	21.6Cr	1269112	8626966	4181902	2312275
Enterprise	21.78%	6.02Cr	3114727	3961622	7652517	1614340
Angel	0.00%	6.37K	0	0	0	0
Deepak Kumar Barmeda	0	0	0	0	0	0
Rakesh Shankarlal Kedia	0	0	0	0	0	0
Other People	0.00%	8.68K	0	0	0	0
Total	100.00%	27.6Cr	5287157	3599550	1601576	4397065