About AloFrut
AloFrut is a company based in India founded in 2016 by Rishabh Gupta and Hemlata Gupta was acquired by Emami Group in November 2023.. AloFrut has raised $11 million across 1 funding round from investors including Emami Group, Z Nation Lab and 100Unicorns. AloFrut offers products and services including AloFrut Mosambi Juice, AloFrut Mixed Fruit Juice, AloFrut Mint Mojito, AloFrut Orange Juice, and AloFrut Pineapple Juice. AloFrut operates in a competitive market with competitors including Raw Pressery, Shankar Group, Jagdale, Storia Foods and Groovy, among others.
- Headquarter India
- Founders Rishabh Gupta, Hemlata Gupta
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Axiom Foods And Beverages Private Limited
- Date of Incorporation 05 Aug, 2021
- Jurisdiction Ambala, Haryana, India
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Annual Revenue
$3.39 K (USD)0as on Mar 31, 2023
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Net Profit
$1.98 K (USD)0as on Mar 31, 2023
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EBITDA
$0 (USD)0as on Mar 31, 2023
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Total Equity Funding
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Seed
Jun 17, 2023
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Investors
Emami Group
& 2 more
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Employee Count
Employee Count
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Acquired by
Emami Group
(Nov 22, 2023)
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Products & Services of AloFrut
AloFrut offers a comprehensive portfolio of products and services, including AloFrut Mosambi Juice, AloFrut Mixed Fruit Juice, AloFrut Mint Mojito, AloFrut Orange Juice, and AloFrut Pineapple Juice. 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.
Aloe Vera infused Mosambi juice for healthy hydration and nutrition.
Blend of Aloe Vera and mixed fruits for vitamin-rich beverages.
Refreshing Aloe Vera based mocktail for everyday consumption.
Natural Aloe Vera and orange juice blend for daily health benefits.
Aloe Vera combined with pineapple for a tasty, nutritious drink.
Funding Insights of AloFrut
AloFrut has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Seed round of $11 million completed in June 2023. 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 1
- Last Round Seed — $11.0M
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First Round
First Round
(17 Jun 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - AloFrut | Valuation | Emami Group |
| 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 AloFrut
AloFrut has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Emami Group, Z Nation Lab and 100Unicorns. 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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Startup accelerator
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Founded Year | Domain | Location | |
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A startup accelerator offering funding and support to early-stage companies.
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Founded Year | Domain | Location | |
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Diversified personal care and healthcare operations are managed in India.
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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
|
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 AloFrut
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - AloFrut
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alofrut Comparisons
Competitors of AloFrut
AloFrut 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 Raw Pressery, Shankar Group, Jagdale, Storia Foods and Groovy, 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 |
Brand of cold-pressed juices
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| domain | founded_year | HQ Location |
Packaged foods, beverages, and auto parts are produced in India.
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| domain | founded_year | HQ Location |
Diversified company with divisions in pharma, foods, exports, and services.
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| domain | founded_year | HQ Location |
Natural fruit juices are branded and distributed by Storia Foods.
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| domain | founded_year | HQ Location |
Internet first brand offering cold pressed juices
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| domain | founded_year | HQ Location |
B Natural is engaged in producing fruit-based beverages.
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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 Alofrut
Frequently Asked Questions about AloFrut
When was AloFrut founded?
AloFrut was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is AloFrut located?
AloFrut is headquartered in India.
Is AloFrut a funded company?
AloFrut is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Seed of $11M, raised on Jun 17, 2023.
What is the annual revenue of AloFrut?
Annual revenue of AloFrut is $3.39K as on Mar 31, 2023.
What does AloFrut do?
Provides non-alcoholic beverages. Its product catalog includes juices, mocktails, green tea, energy drinks, and more.
Who are the top competitors of AloFrut?
AloFrut's top competitors include Shankar Group, Raw Pressery and Storia Foods.
What products or services does AloFrut offer?
AloFrut offers AloFrut Mosambi Juice, AloFrut Mixed Fruit Juice, AloFrut Mint Mojito, AloFrut Orange Juice, and AloFrut Pineapple Juice.
Who are AloFrut's investors?
AloFrut has 3 investors. Key investors include Emami Group, Z Nation Lab, and 100Unicorns.