About Alt Co
Alt Co is a Consumer company based in Bengaluru (India) founded in 2020 by Sumair Sachdev, Basan Patil, and Rithwik Ramesh. Plant-based dairy products are sold online by Alt Co. It operates in the Consumer and Retail sectors. 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. Alt Co was last valued at $3.62 million in June 2022. Its website alt.company draws about 15 thousand monthly visits. Its Indian entity Whitelotus Food Labs Private Limited reported revenue of ₹6.72 Cr. Alt Co offers products and services including Oat Milk, Almond Milk, and Plant Protein Powder. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Milk. Its competitors include Oat Mlk, AgainDrinks and ProSoya Foods; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 1
- Founders Sumair Sachdev, Basan Patil, Rithwik Ramesh
- Stage Minicorn
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website alt.company
- Social LinkedIn Facebook Instagram
- Legal Name Whitelotus Food Labs Private Limited
- Date of Incorporation 14 Aug, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹6.72 Cr
FY 2024 · +349% YoY
- Net Loss-₹7.88 Cr
FY 2024 · -117% margin
- EBITDA-₹7.53 Cr
FY 2024 · -112% margin
- Total Equity Funding$1M (USD)
in 1 rounds
- Latest Funding Round$1M (USD), Seed
Jun 2022
- InvestorsGruhas
& 4 more
- Employee Count1
Associated legal entities of Alt Co
Alt Co is associated with 2 registered companies on The Company Check; the primary company is Whitelotus Food Labs Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Whitelotus Food Labs Private Limited CIN U15490KA2021PTC150742 | Active | 14 Aug 2021 | Bangalore, Karnataka | ₹6.7 Cr | 2 | View details | |
| White Lotus Impex Llp CIN AAS-7616 | Active | 03 Jul 2020 | Bengaluru, Karnataka | 2 | View details |
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.
- Total Funding $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Jun 2022)
- Investors Count 5
All 1 funding rounds of Alt Co with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $1M | Seed | $3.62M | RB Investments, PKF Consulting Services |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $3.62M | •••••••• |
Last known valuation $3.62M (Jun 2022). 5 investors in total: 4 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in multi-stage tech-focused startups. | rbworld.com | Singapore, Singapore | ||
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India | |
Offers IT consulting, cybersecurity, and ERP services to businesses globally. | 2008 | pkf.co.in | Mumbai, India | |
NB Neeleshwar Bhatnagar | unknown_aedbb3f3ba4f42ea9 |
Investor details for Alt Co
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Board of directors of Whitelotus Food Labs Private Limited (Alt Co)
Whitelotus Food Labs Private Limited is the primary company behind Alt Co. The boards of the 2 registered companies of Alt Co currently have 3 directors; the longest-serving is Basana Gouda Mallana Patil, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Basana Gouda Mallana Patil DIN 05228241 | Designated Partner | 03 Jul 2020 | 6 yrs 4 mo | White Lotus Impex Llp, Whitelotus Food Labs Private Limited |
| Rohit Mahesh Kalro DIN 07540014 | Designated Partner | 29 Sep 2020 | 6 yrs 1 mo | White Lotus Impex Llp |
| Chintakunta Ramesh Rithwik DIN 07479018 | Managing Director | 14 Aug 2021 | 5 yrs 2 mo | Whitelotus Food Labs Private Limited |
People of Alt Co
3 people are tracked at Alt Co (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Sumair Sachdev | Co-Founder | Leadership |
Basan Patil | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Alt Co
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Financials of Alt Co
Figures of Whitelotus Food Labs Private Limited, the primary company behind Alt Co, for FY 2024. Revenue was ₹6.72 Cr (+349% year on year). Net loss was -₹7.88 Cr (-117% margin). EBITDA was -₹7.53 Cr (-112% margin).
- ₹6.72 CrRevenue · FY 2024 · +349% YoY
- -₹7.88 CrNet loss · -117% margin
- -₹7.53 CrEBITDA · -112% margin
- ₹1.5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Whitelotus Food Labs Private Limited are on its company page.
Detailed financial statements for Alt Co
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Alt Co
3 dated milestones of Alt Co across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Alt Co is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
Competitors of Alt Co
Alt Co has 3 listed competitors in our database, 2 of them funded. They include Oat Mlk, AgainDrinks and ProSoya Foods.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oatmlk.in | 2021 | Kanpur, India | $132,179 | Plant-based oat milk products are provided by Oat Mlk. | ||
| againdrinks.com | 2016 | Bengaluru, India | $682,281 | Brand specializing in almond, cashew, and dates milk. | ||
| staeta.com | 2003 | Mumbai, India | 59 | Operates as a brand specializing in soy milk products. |
Detailed competitors of Alt Co
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Web traffic of Alt Co
The website of Alt Co (alt.company) receives about 15.2K visits a month.
- Monthly visits15.2K
▲ 66.7% vs previous month
Websites whose visitors overlap most with Alt Co. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sharktankindiaclub.com | sharktankindiaclub.com | 100% | #1,552,078 | – | |
| vegandukan.com | 78% | 47.2K | View details | ||
| naturesbasket.co.in | 38% | 37.9K | #570,332 | View details |
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Alt Co (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.94 B | 6,750 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Related news about 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. The company's 1st funding round was a Seed of $1M, raised on Jun 2022.
Alt Co has 1 employees.
The primary company behind Alt Co, Whitelotus Food Labs Private Limited, reported revenue of ₹6.72 Cr for FY 2024, up 349% year on year.
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 ProSoya Foods.
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.
Alt Co is associated with 2 legal entities: Whitelotus Food Labs Private Limited, White Lotus Impex Llp.
The legal entities of Alt Co currently have 3 directors, including Basana Gouda Mallana Patil, Rohit Mahesh Kalro, Chintakunta Ramesh Rithwik.