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
-
Sectors
ConsumerRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Whitelotus Food Labs Private Limited
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$784.71 K (USD)349.43as on Mar 31, 2024
-
Net Profit
$-920.29 K (USD)-168.57as on Mar 31, 2024
-
EBITDA
$-880.95 K (USD)-162.3as on Mar 31, 2024
-
Total Equity Funding
$1 M (USD)
in 1 rounds
-
Latest Funding Round
$1 M (USD), Seed
Jun 01, 2022
-
Investors
Gruhas
& 4 more
-
Employee Count
1
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Alt Co
Alt Co offers a comprehensive portfolio of products and services, including Oat Milk, Almond Milk, and Plant Protein Powder. 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.
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
-
First Round
First Round
(01 Jun 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Alt Co | Valuation | RB Investments , PKF Consulting Services |
| 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 |
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. 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 |
|---|---|---|---|---|
|
Investments are made in multi-stage tech-focused startups.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in technology-driven innovations and partnerships in India.
|
Founded Year | Domain | Location | |
|
Offers IT consulting, cybersecurity, and ERP services to businesses globally.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Alt Co
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Alt Co
| 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 |
Alt Co Comparisons
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. 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 |
Plant-based oat milk products are provided by Oat Mlk.
|
|
| domain | founded_year | HQ Location |
Brand specializing in almond, cashew, and dates milk.
|
|
| domain | founded_year | HQ Location |
Operates as a brand specializing in soy milk products.
|
|
| domain | founded_year | HQ Location |
Plant-based tofu and food products are handcrafted from organic beans.
|
|
| domain | founded_year | HQ Location |
Plant-based dairy alternatives are provided using nuts, oats, and coconut.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Alt Co
Frequently Asked Questions about Alt Co
When was Alt Co founded?
Alt Co was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Alt Co located?
Alt Co is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Alt Co a funded company?
Alt Co is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Jun 01, 2022.
How many employees does Alt Co have?
As of Apr 06, 2024, the latest employee count at Alt Co is 1.
What is the annual revenue of Alt Co?
Annual revenue of Alt Co is $784.71K as on Mar 31, 2024.
What does Alt Co do?
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.
Who are the top competitors of Alt Co?
Alt Co's top competitors include AgainDrinks, Oat Mlk and Health on Plants.
What products or services does Alt Co offer?
Alt Co offers Oat Milk, Almond Milk, and Plant Protein Powder.
Who are Alt Co's investors?
Alt Co has 5 investors. Key investors include Gruhas, PKF Consulting Services, RB Investments, Zadon Software, and Neeleshwar Bhatnagar.
What is Alt Co's valuation?
The valuation of Alt Co is $3.62M as of Jun 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.