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TRST01 - About the company

TRST01 is a seed company based in Hyderabad (India), founded in 2019 by Manoj Vembu and Puru Modani. It operates as a Developer of blockchain-based traceability solutions for the agricultural supply chain. TRST01 has raised $1.01M in funding from Octave Ventures, with a current valuation of $*****. The company has 837 active competitors, including 101 funded and 36 that have exited. Its top competitors include companies like EcoVadis, Novisto and Assent.

Company Details

Developer of blockchain-based traceability solutions for the agricultural supply chain. They use autonomous robots to collect farm data and use AI technology to process the collected data and deliver real-time insights. Its solutions include end-to-end seed and food traceability.
Website
trst01.com
Social
XFacebook
Email ID
*****@trst01.com
Phone Number
+91 **********
Part Of
Registered Address
Flat no 2601, Tower 5, My home Tridasa, Tellapur, Tellapur, Medak, Ramachandrapuram, Telangana, India, 502032
Key Metrics
Founded Year
2019
Location
Hyderabad, India
Stage
Seed
Total Funding
$1.01M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 25, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
66 as on Aug 31, 2025
Similar Companies
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TRST01's funding and investors

TRST01 has raised a total funding of $1.01M over 4 rounds. Its first funding round was on Dec 07, 2020. Its latest funding round was a Seed round on Jan 25, 2024 for $*****. 2 investors participated in its latest round. TRST01 has 3 institutional investors and 19 angel investors.

Here is the list of recent funding rounds of TRST01:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 25, 2024
7798525
Seed
4792874
4792539
5875891
8129261
Jun 10, 2022
8085255
Angel
5873100
2683600
2468355
1819146
Feb 08, 2022
5997869
Seed
8136380
9372585
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TRST01's founders and board of directors

Founder? Claim Profile
The founders of TRST01 are Manoj Vembu and Puru Modani. Ivano Iannelli is the CEO of TRST01.
Here are the details of TRST01's key team members:

TRST01's Board of Directors

TRST01's board has 11 active members. Manoj Vembu, Puru Modani, Shailendra Mohan Bebortha and Prabir Mishra are part of team and krishna Murthy, Suraj Teja Potlapally, Potlapally Lakshmi Lakshmi Sailaja, Naveen Babu Kadiyala, Purshottam Gopal Modani, Susanta Kumar Kumar Barik and Manoj Kochatil Menon are independent board members.
Here is the list of TRST01's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
2y 2m
Team
-
Current
7y 9m
Team
-
Current
7y 9m
Investor
-
Current
2y 6m
Independent board member
-
Current
4y 9m
rmhbabr
Independent board member
-
Current
9y 7m
uatzzbe
Independent board member
-
Current
3y 3m
v{ktjxq
Independent board member
-
Current
1y 6m
fzramlm
Independent board member
-
Current
8y 9m
snvirrx
Independent board member
-
Past
6y 5m
gbenwop
Independent board member
-
Past
2y 5m
nvtcos{
Independent board member
-
Past
5y 8m

TRST01's employee count trend

TRST01 has 66 employees as of Aug 25. The total employee count is 47.0% more than what it was in Aug 24. Here is TRST01's employee count trend over the years:
Employee count trend for TRST01
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TRST01's Competitors and alternates

Top competitors of TRST01 include EcoVadis, Novisto and Assent. Here is the list of Top 10 competitors of TRST01, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for EcoVadis
EcoVadis
2007, Paris (France), Series D
Provider of supply chain sustainability risk assessment and management platform
$732M
65/100
2nd
Logo for Novisto
Novisto
2019, Montreal (Canada), Series C
Cloud-based sustainability management software provider
$56.5M
64/100
3rd
Logo for Assent
Assent
2010, Ottawa (Canada), Series D
Provider of web-based supply chain sustainability & compliance management solutions
$497M
64/100
4th
Logo for TRST01
TRST01
2019, Hyderabad (India), Seed
Developer of blockchain-based traceability solutions for the agricultural supply chain
$1.01M
59/100
5th
Logo for Spoor
Spoor
2020, Oslo (Norway), Series A
Provider of cloud and AI-driven biodiversity monitoring solutions
$13.4M
58/100
6th
Logo for StepChange
StepChange
2022, Bengaluru (India), Seed
Carbon, ESG, and climate risk management platform
$5.55M
58/100
7th
Logo for Transect
Transect
2002, San Antonio (United States), Seed
Provider of software for environmental risk and renewable site assessment
$2.29M
58/100
8th
Logo for Diginex
Diginex
2017, London (United Kingdom), Public
Provider of software and advisory services for sustainability compliance and reporting
$6M
57/100
9th
Logo for e2 Companies
e2 Companies
2009, Bonita Springs (United States), Series D
Provider of on-site hardware and software for energy management solutions
$101M
-
56/100
10th
Logo for Certivo
Certivo
2024, Seattle (United States), Seed
Provider of software for automating product compliance and documentation management
$6M
56/100
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TRST01's Latest cap tables and shareholding

Founders (largest shareholder) own 31.57%, Funds own 2.63%, Angels own 11.04% and Other People own 2.05%. The net worth of TRST01's founders is INR 35.7Cr as of Jan 25, 2024. The cap table displayed below is for TRAYAMBHU TECH SOLUTIONS PRIVATE LIMITED which is the legal entity associated with TRST01.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
31.57%
35.7Cr
5395652
7607883
4627128
2564854
224151
506836
149857
679901
456543
855297
Fund
2.63%
2.97Cr
15
86
77
56
45
36
10
16
56
44
0
0
0
0
0
0
Angel
11.04%
12.5Cr
7960287
1549452
3395592
5637752
33
26
47
68
57
55
8
7
8
7
1
6
7
8
6
7
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
2.05%
2.31Cr
62
33
97
70
ESOP Pool
52.72%
59.6Cr
6128554
2792612
5571759
4392782
Total
100.00%
113Cr
5224352
4252690
3360994
5655639
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

TRST01's Investments and acquisitions

TRST01 has made no investments or acquisitions yet.

Reports related to TRST01

Here is the latest report on TRST01's sector:

News related to TRST01

lockFilter this list
Media has covered TRST01 for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
TRST01 Targets $10 Million to Drive ESG Tech ExpansionSiliconindia•Nov 19, 2024•TRST01
•
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FAQs about TRST01

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