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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 392 active competitors, including 59 funded and 23 that have exited. Its top competitors include companies like EcoVadis, Assent and Novisto.

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
1867792
Seed
2503875
6532881
9027969
1378642
Jun 10, 2022
9827815
Angel
2204679
2535713
8750191
9361328
Feb 08, 2022
7745472
Seed
4498052
8222535
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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, Kadiyala Naveen Babu, Purushottam Gopal Modani, Susanta 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 0m
Team
-
Current
7y 7m
Team
-
Current
7y 7m
Investor
-
Current
2y 4m
Independent board member
-
Current
4y 6m
kwmkfue
Independent board member
-
Current
3y 4m
xvjbcky
Independent board member
-
Current
6y 6m
ymxruv{
Independent board member
-
Current
6y 3m
sauywap
Independent board member
-
Current
8y 4m
nuncqqk
Independent board member
-
Past
1y 2m
wqlincx
Independent board member
-
Past
6y 9m
dtdxhrk
Independent board member
-
Past
4y 7m

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, Assent and Novisto. 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
69/100
2nd
Logo for Assent
Assent
2010, Ottawa (Canada), Series D
Provider of web-based supply chain sustainability & compliance management solutions
$497M
64/100
3rd
Logo for Novisto
Novisto
2019, Montreal (Canada), Series C
Cloud-based sustainability management software provider
$56.5M
62/100
4th
Logo for Makersite
Makersite
2016, Stuttgart (Germany), Series B
Developer of product lifecycle intelligence software for sustainability, cost, and compliance
$88M
62/100
5th
Logo for QIMA
QIMA
2005, Hong Kong (China), Seed
App-based platform providing supplier compliance & audit programs
-
61/100
6th
Logo for Manifest Climate
Manifest Climate
2015, Toronto (Canada), Series A
Provider of AI-powered sustainability intelligence platform for investors and corporations
$29.2M
59/100
7th
Logo for TRST01
TRST01
2019, Hyderabad (India), Seed
Developer of blockchain-based traceability solutions for the agricultural supply chain
$1.01M
59/100
8th
Logo for Prewave
Prewave
2017, Vienna (Austria), Series B
Developer of a platform providing supply chain risk and resilience solutions
$98M
58/100
9th
Logo for Socialsuite
Socialsuite
2010, Melbourne (Australia), Series A
Developer of sustainability performance management and environmental social governance software
$7.83M
57/100
10th
Logo for Atlas Metrics
Atlas Metrics
2021, Berlin (Germany), Acquired
Provider of platform for automating and connecting non-financial business data
$19.2M
57/100
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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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
31.57%
35.7Cr
9865901
2353175
2477549
9537636
577960
460602
411848
840377
632068
133774
Fund
2.63%
2.97Cr
56
22
12
35
18
12
75
76
51
48
0
0
0
0
0
0
Angel
11.04%
12.5Cr
2779611
8946121
9426065
4582600
92
83
79
89
84
98
1
4
5
1
7
4
5
1
8
2
7
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
88
74
36
61
ESOP Pool
52.72%
59.6Cr
6812100
2474208
6850300
2327408
Total
100.00%
113Cr
2475188
3879792
7041261
5741741
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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
View more details of TRST01's Shareholding

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 1 event in last 1 year, It was about company updates.
•
TRST01 Targets $10 Million to Drive ESG Tech Expansionsiliconindia•Nov 19, 2024•TRST01
•
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