Prolgae Spirulina Supplies Pvt Ltd Asset Profile

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Year established

2017

Location

India

Primary Industry

Biotechnology

About

Based in India and founded in 2017, Prolgae Spirulina Supplies Pvt Ltd operates as a Nordic-India joint operating company that sells organic spirulina. Aakas Sadasivam (CEO) and Mika Rautio are the co-founders of the company. In September 2021, Prolgae Spirulina Supplies Pvt Ltd raised USD 0.20 million in Seed funding from investors. The company has clients in the US, Europe, Canada, and other countries, and it also has an office in Finland. The company provides its products, including Spirulina Nibs, which have a unique feature among full-scale cultivated algae that have all the vitamins, minerals, fibers, and amino acids left, added with that culinary sun-dried taste and an extra amount of vitamin D; and Spirulina Powder. The firm's medications combat viral infections, hepatotoxicity, anemia, and cardiovascular conditions. Prolgae's benefits include boosting the immune system; balancing good and bad cholesterol; enhancing gastrointestinal health; providing potent antioxidant and anticancer effects; supporting healthy cardiovascular function; lowering cholesterol levels; and accelerating the removal of toxins from the body.

Primary Industry

Biotechnology

Sub Industries

Health Foods & Nutritional Supplements, Biopharmaceuticals

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Timeline of Key Events

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Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Mar 2018

304,127

(211,261)

(69.5%)

(200,952)

(66.1%)

(261,407)

(86%)

31 Mar 2019

31 Mar 2020

31 Mar 2021

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Employee Data

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