# Science For Society Techno Services Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/science-for-society-techno-services-private

- Industry: Agribusiness
- Headquarters: Mumbai, India
- Website: www.s4stechnologies.com
- Total disclosed funding: $6.6M
- Latest round: Series A (Aug 22, 2022)
- Investors on record: 5

## About

Science For Society Techno Services Private Limited is focused on innovative agri-food processing solutions designed to reduce food loss and enhance sustainability within the food supply chain, while empowering women farmers in India.Science For Society Techno Services Private Limited, founded in 2008 and headquartered in Mumbai, India, specializes in agri-food processing. The company has successfully raised a total of INR 300.00 million in its Series A round on August 22, 2022, from investors including Acumen, Chiratae Ventures, and Vistra ITCL. The company’s founders, Ganesh Bhere, Nidhi Pant, and Vaibhav Tidke, have a history of entrepreneurship, with Vaibhav Tidke currently serving as CEO. The firm has completed three funding rounds to date, reflecting its growth trajectory and market interest. The latest funding round has pushed the company's valuation to approximately INR 1891.22 million.S4S Technologies specializes in providing innovative agri-food processing solutions aimed at reducing food loss, empowering women farmers, and promoting sustainability within the food supply chain. The company’s core product offerings include a patented food processing unit that effectively reduces moisture content in agricultural produce, thereby extending shelf life for up to one year without chemicals or preservatives. S4S caters to over 1100 customers in the food and beverage industry, including large food manufacturing factories and the food service sector. Operating primarily in India, S4S focuses on customers requiring convenience-driven food ingredients such as dehydrated vegetables, pulses, and alternative proteins, ensuring a sustainable and equitable agri-value chain through direct procurement from farmers.In 2022, S4S Technologies reported a revenue of INR 5,763,043.60 and an EBITDA of INR -393,604.70. The company's revenue is generated through direct B2B transactions with its clients in the food and beverage industry, emphasizing a model that connects farmers to industrial customers via its innovative processing solutions. The revenue structure is based on wholesale agreements for processed food ingredients, including dehydrated products and alternate proteins, establishing long-term contracts for a consistent supply.S4S Technologies is focused on expanding its product offerings, with upcoming innovations in agri-food processing solutions aimed at further decreasing food loss and enhancing sustainability in the agricultural sector. The firm plans to expand into new markets outside of India by 2025, targeting regions with significant agricultural production needs. The recent funding of INR 300.00 million raised in August 2022 will be utilized to support product development and market expansion initiatives.

## Funding rounds

- Series A, Aug 22, 2022, $3.8M — Chiratae Ventures, Acumen, Vistra ITCL
- Series A, Nov 21, 2020, $1.6M — Acumen, Factore Ventures, MAV Holdings Pte Ltd
- Seed, Feb 4, 2019, $1.2M — Factore Ventures

## Investors

- Factore Ventures (https://capitalatlas.ai/funds/factore-ventures) — Seed, Series A
- Acumen (https://capitalatlas.ai/funds/acumen) — Series A
- MAV Holdings Pte Ltd — Series A
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series A
- Vistra ITCL — Series A
