About Alt Co
Alt Co is a company based in Bengaluru (India) founded in 2020 by Sumair Sachdev, Basan Patil, and Rithwik Ramesh. Alt Co has raised $1 million across 1 funding round from investors including Gruhas, PKF Consulting Services and RB Investments. The company has 1 employees as of April 06, 2024. Alt Co offers products and services including Oat Milk, Almond Milk, and Plant Protein Powder. Alt Co operates in a competitive market with competitors including Oat Mlk, AgainDrinks, ProSoya Foods, Health on Plants and Natturz, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 06 Apr, 2024
- Founders Sumair Sachdev, Basan Patil, Rithwik Ramesh
- Stage Minicorn
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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 Whitelotus Food Labs Private Limited
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$784.71 K (USD)349.43as on Mar 31, 2024
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Net Profit
-$920.29 K (USD)-168.57as on Mar 31, 2024
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EBITDA
-$880.95 K (USD)-162.3as on Mar 31, 2024
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Jun 01, 2022
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Investors
Gruhas
& 4 more
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Employee Count
1
as on Apr 06, 2024
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Products & Services of Alt Co
Alt Co offers a comprehensive portfolio of products and services, including Oat Milk, Almond Milk, and Plant Protein Powder.
Lactose-free milk alternative made from oats for daily use.
Nutty, lactose-free milk from almonds for health-conscious consumers.
Sugar-free powder for fitness support without dairy components.
Funding Insights of Alt Co
Alt Co has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in June 2022. 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.
Investors in Alt Co
Alt Co has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gruhas, PKF Consulting Services and RB Investments.
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Venture capital firm investing in technology-driven innovations and partnerships in India.
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Offers IT consulting, cybersecurity, and ERP services to businesses globally.
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Investor details for Alt Co
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Investments & Acquisitions by Alt Co
Investment portfolio details for Alt Co
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Financial Statements - Alt Co
Detailed financials for Alt Co
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Alt Co Comparisons
Peer comparison for Alt Co
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Competitors of Alt Co
Alt Co 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 Oat Mlk, AgainDrinks, ProSoya Foods, Health on Plants and Natturz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Plant-based oat milk products are provided by Oat Mlk.
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Brand specializing in almond, cashew, and dates milk.
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Operates as a brand specializing in soy milk products.
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Plant-based tofu and food products are handcrafted from organic beans.
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Plant-based dairy alternatives are provided using nuts, oats, and coconut.
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Detailed competitors of Alt Co
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Latest news on Alt Co
Complete news archive for Alt Co
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Frequently Asked Questions about Alt Co
Alt Co was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Alt Co is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Alt Co is a funded company, having raised a total of $1M across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at Alt Co is 1.
Annual revenue of Alt Co is $784.71K as on Mar 31, 2024.
Alt Co was founded in 2020 in Bengaluru, India, as an internet-first brand in the plant-based dairy sector. Products such as oat, almond, and soy milk drinks, ready-to-drink options, and chocolates are offered through online channels. Operations focus on direct-to-consumer distribution, with emphasis on alternative dairy items to meet urban market demands in India.
Alt Co's top competitors include AgainDrinks, Oat Mlk and Health on Plants.
Alt Co offers Oat Milk, Almond Milk, and Plant Protein Powder.
Alt Co has 5 investors. Key investors include Gruhas, PKF Consulting Services, RB Investments, Zadon Software, and Neeleshwar Bhatnagar.
The valuation of Alt Co is $3.62M as of Jun 2022.