About Aadvik Foods
Aadvik Foods is a company based in Delhi (India) founded in 2015 by Shrey Kumar and Hitesh Rathi.. Aadvik Foods has raised $245.86 thousand across 3 funding rounds from investors including Aaditya Sharda and Amit Jain. The company has 18 employees as of March 22, 2024. Aadvik Foods offers products and services including Camel Milk Powder, Goat Milk Powder, Camel Milk Soap, Goat Milk Ghee, and Camel Milk Chocolate. Aadvik Foods operates in a competitive market with competitors including Sid's Farm, Happy Nature, Provilac Dairy Farms, Native Milk and Pride of Cows, among others.
- Headquarter Delhi, India
- Employees 18 as on 22 Mar, 2024
- Founders Shrey Kumar, Hitesh Rathi
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Aadvik Foods & Products Private Limited
- Date of Incorporation 18 May, 2016
- Jurisdiction Nokha, Rajasthan, India
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Annual Revenue
$761.83 K (USD)-13.16as on Mar 31, 2023
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Net Profit
$-68.83 K (USD)-393.85as on Mar 31, 2023
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EBITDA
$20.31 K (USD)-78.43as on Mar 31, 2023
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Total Equity Funding
$245.86 K (USD)
in 3 rounds
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Latest Funding Round
$227.68 K (USD), Angel Round
Jun 24, 2024
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Investors
& 1 more
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Employee Count
18
as on Mar 22, 2024
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Products & Services of Aadvik Foods
Aadvik Foods offers a comprehensive portfolio of products and services, including Camel Milk Powder, Goat Milk Powder, Camel Milk Soap, Goat Milk Ghee, and Camel Milk Chocolate. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Nutritional powder from camel milk for health benefits.
Pure goat milk powder rich in vitamins and minerals.
Soap made from camel milk for skin hydration.
Ghee from goat milk for cooking and health.
Chocolate infused with camel milk for natural taste.
Funding Insights of Aadvik Foods
Aadvik Foods has successfully raised a total of $245.86K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $227.68 thousand completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Angel Round — $227,677
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First Round
First Round
(02 Mar 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Angel Round - Aadvik Foods | Valuation | Aaditya Sharda |
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| Mar, 2023 | Amount | Angel Round - Aadvik Foods | Valuation |
investors |
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| Mar, 2023 | Amount | Debt – Conventional - Aadvik Foods | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aadvik Foods
Aadvik Foods has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Aaditya Sharda and Amit Jain. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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AS
Aaditya Sharda |
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Founded Year | Domain | Location |
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AJ
Amit Jain |
CEO of CarDekho, prominent angel investor in Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aadvik Foods
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aadvik Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aadvik Foods Comparisons
Competitors of Aadvik Foods
Aadvik Foods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sid's Farm, Happy Nature, Provilac Dairy Farms, Native Milk and Pride of Cows, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Subscription-based dairy products are delivered via an internet-first brand.
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| domain | founded_year | HQ Location |
Brand of organic milk
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| domain | founded_year | HQ Location |
Internet first milk brand and delivery
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| domain | founded_year | HQ Location |
A2 milk and dairy products are delivered via subscription model.
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| domain | founded_year | HQ Location |
A dairy brand offering fresh farm-to-home milk delivery services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aadvik Foods
Frequently Asked Questions about Aadvik Foods
When was Aadvik Foods founded?
Aadvik Foods was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Where is Aadvik Foods located?
Aadvik Foods is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Aadvik Foods a funded company?
Aadvik Foods is a funded company, having raised a total of $245.86K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $18.18K, raised on Mar 02, 2023.
How many employees does Aadvik Foods have?
As of Mar 22, 2024, the latest employee count at Aadvik Foods is 18.
What is the annual revenue of Aadvik Foods?
Annual revenue of Aadvik Foods is $761.83K as on Mar 31, 2023.
What does Aadvik Foods do?
Aadvik Foods was established in 2015 in Delhi, India, within the food manufacturing sector. Products derived from camel, goat, and donkey milk are produced, encompassing powders, chocolates, skincare items such as soaps and moisturizers, and ghee. Alternatives to conventional dairy are offered to address dietary preferences and health requirements. Educational content on the advantages of camel and goat milk is disseminated via blogs.
Who are the top competitors of Aadvik Foods?
Aadvik Foods's top competitors include Sid's Farm, Provilac Dairy Farms and Native Milk.
What products or services does Aadvik Foods offer?
Aadvik Foods offers Camel Milk Powder, Goat Milk Powder, Camel Milk Soap, Goat Milk Ghee, and Camel Milk Chocolate.
Who are Aadvik Foods's investors?
Aadvik Foods has 2 investors. Key investors include Aaditya Sharda, and Amit Jain.