About Amalfarm
Amalfarm is a company based in Noida (India) founded in 2020 by Kasturi Chowdhury, Rahul Prakash, and Bhaskar Mondal.. Amalfarm has raised $34.56 thousand across 2 funding rounds from investors including Shashwat Shakti, Mukesh Kumar and Shubham Singh. Amalfarm offers products and services including Kalanamak Rice, Waigaon Turmeric, Mithila Makhana, Vengurla Cashew, and Bengal Gobindbhog Rice. Amalfarm operates in a competitive market with competitors including Sweet Karam Coffee, Open Secret, Conscious Foods, Natureland Organics and Haldiram, among others.
- Headquarter Noida, India
- Founders Kasturi Chowdhury, Rahul Prakash, Bhaskar Mondal
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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 Amalfarm Solutions Private Limited
- Date of Incorporation 23 Dec, 2020
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$117.4 K (USD)768.79as on Mar 31, 2023
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Net Profit
$4.12 K (USD)149.29as on Mar 31, 2023
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EBITDA
$-5.96 K (USD)24.73as on Mar 31, 2023
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Total Equity Funding
$34.56 K (USD)
in 2 rounds
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Latest Funding Round
$34.56 K (USD), Angel Round
May 09, 2022
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Investors
Pusa Krishi
& 6 more
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Employee Count
Employee Count
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Products & Services of Amalfarm
Amalfarm offers a comprehensive portfolio of products and services, including Kalanamak Rice, Waigaon Turmeric, Mithila Makhana, Vengurla Cashew, and Bengal Gobindbhog Rice. 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.
Authentic rice sourced from origin with unique aroma and taste for daily consumption.
GI-tagged turmeric offering natural health benefits and minimal processing for cooking.
Popped seeds from origin, providing healthy snacks with traditional flavor and nutrition.
Authentic cashews directly from farms, ideal for natural and healthy eating options.
Traditional rice variety with distinctive taste, sourced for purity and cultural significance.
Funding Insights of Amalfarm
Amalfarm has successfully raised a total of $34.56K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $34.56 thousand completed in May 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 2
- Last Round Angel Round — $34,564
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Angel Round - Amalfarm | Valuation | Mukesh Kumar | |
| Mar, 2022 | Amount | Grant - Amalfarm | 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 Amalfarm
Amalfarm has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Shashwat Shakti, Mukesh Kumar and Shubham Singh. 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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Agri-tech startups are incubated with expert networks and funding access.
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Founded Year | Domain | Location | |
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SS
Shashwat Shakti |
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Founded Year | Domain | Location |
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MK
Mukesh Kumar |
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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 Amalfarm
| 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 - Amalfarm
| 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 |
Amalfarm Comparisons
Competitors of Amalfarm
Amalfarm 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 Sweet Karam Coffee, Open Secret, Conscious Foods, Natureland Organics and Haldiram, 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 |
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| domain | founded_year | HQ Location |
Dry snacks and coffee are manufactured and distributed.
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| domain | founded_year | HQ Location |
Healthy snacks and beverages are provided via an online platform.
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| domain | founded_year | HQ Location |
Organic packaged foods are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Organic pulses, oil seeds, and grains are produced and supplied.
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| domain | founded_year | HQ Location |
Vegetarian snacks, sweets, beverages, and ready-to-eat meals are offered online.
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| domain | founded_year | HQ Location |
Preservative-free instant noodles and meals with natural ingredients are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Amalfarm
When was Amalfarm founded?
Amalfarm was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Amalfarm located?
Amalfarm is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Amalfarm?
Rahul Prakash is the current CEO of Amalfarm. They have also founded this company.
Is Amalfarm a funded company?
Amalfarm is a funded company, having raised a total of $34.56K across 2 funding rounds to date.
What is the annual revenue of Amalfarm?
Annual revenue of Amalfarm is $117.4K as on Mar 31, 2023.
What does Amalfarm do?
Amalfarm was founded in 2020 and is based in Noida, India. Operations focus on the online distribution of food products, including rice, poha, dry fruits, nuts, spices, flour, pulses, and combo packs. Natural and preservative-free items are emphasized in the catalog. The company is led by co-founders in CEO, COO, and director roles, serving the e-commerce food sector.
Who are the top competitors of Amalfarm?
Amalfarm's top competitors include Sweet Karam Coffee, Anveshan and Yu Foodlabs.
What products or services does Amalfarm offer?
Amalfarm offers Kalanamak Rice, Waigaon Turmeric, Mithila Makhana, Vengurla Cashew, and Bengal Gobindbhog Rice.
Who are Amalfarm's investors?
Amalfarm has 7 investors. Key investors include Shashwat Shakti, Mukesh Kumar, Shubham Singh, Sushil Kumar, and Sushant Kumar.
What is Amalfarm's valuation?
The valuation of Amalfarm is $906.45K as of May 2022.