About ASAP bars
ASAP bars is a company based in Bengaluru (India) founded in 2014 by Kanupradeep Subramanian and Srishti Shaw.. ASAP bars has raised $2.29 million across 4 funding rounds from investors including Parle, Bhookanch Business Services and Pearltri Business. The company has 4 employees as of April 06, 2024. ASAP bars operates in a competitive market with competitors including Yoga Bar, True Elements, Troo Good, Lo! Foods and Nourish You, among others.
- Headquarter Bengaluru, India
- Employees 4 as on 06 Apr, 2024
- Founders Kanupradeep Subramanian, Srishti Shaw
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wimwi Foods Private Limited
- Date of Incorporation 31 Mar, 2014
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$603.7 K (USD)31.8as on Mar 31, 2022
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Net Profit
$-344.76 K (USD)-11.05as on Mar 31, 2022
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EBITDA
$-328.49 K (USD)-37.03as on Mar 31, 2022
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Total Equity Funding
$2.29 M (USD)
in 4 rounds
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Latest Funding Round
$997.22 K (USD), Series A
Jul 15, 2020
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Investors
Parle
& 5 more
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Employee Count
4
as on Apr 06, 2024
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Funding Insights of ASAP bars
ASAP bars has successfully raised a total of $2.29M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $997.22 thousand completed in July 2020. 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 4
- Last Round Series A — $997,215
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First Round
First Round
(19 Oct 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series A - ASAP bars | Valuation | Parle Products |
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| Nov, 2018 | Amount | Series A - ASAP bars | Valuation | Parle Products |
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| May, 2017 | Amount | Seed - ASAP bars | Valuation | Bhookanch Business Services , Pearltri Business |
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| 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 ASAP bars
ASAP bars has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Parle, Bhookanch Business Services and Pearltri Business. 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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Food and beverages products are manufactured by Parle Products.
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Founded Year | Domain | Location | |
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Software development, testing, and ERP solutions are provided.
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Founded Year | Domain | Location | |
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Limited information available
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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 ASAP bars
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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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.
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2016 |
Financial Statements - ASAP bars
| 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 |
Asap Bars Comparisons
Competitors of ASAP bars
ASAP bars 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 Yoga Bar, True Elements, Troo Good, Lo! Foods and Nourish You, 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 |
Protein-based food products are offered via an online platform.
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| domain | founded_year | HQ Location |
Health snacks and supplements are manufactured and marketed.
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| domain | founded_year | HQ Location |
Millet-based snack foods are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Low-carb, nutrient-dense functional foods are provided online for ketogenic diets.
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| domain | founded_year | HQ Location |
Plant-based food products are offered online by Nourish You.
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| domain | founded_year | HQ Location |
Multi-category snack products are offered via an internet-first brand.
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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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Frequently Asked Questions about ASAP bars
When was ASAP bars founded?
ASAP bars was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is ASAP bars located?
ASAP bars is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ASAP bars?
Kanupradeep Subramanian is the current CEO of ASAP bars. They have also founded this company.
Is ASAP bars a funded company?
ASAP bars is a funded company, having raised a total of $2.29M across 4 funding rounds to date. The company's 1st funding round was a Seed of $194.35K, raised on Oct 19, 2015.
How many employees does ASAP bars have?
As of Apr 06, 2024, the latest employee count at ASAP bars is 4.
What is the annual revenue of ASAP bars?
Annual revenue of ASAP bars is $603.7K as on Mar 31, 2022.
What does ASAP bars do?
ASAP bars was founded in 2014 in Bengaluru, India, within the healthy food sector. A digital platform is operated to deliver quick snacking options, where products such as granola bars, muesli, and similar items in various flavors are provided. Operations focus on convenient access to nutritious snacks for consumers in the region, supporting everyday dietary needs through an e-commerce model.
Who are the top competitors of ASAP bars?
ASAP bars's top competitors include Yoga Bar, Lo! Foods and Eat Better.
Who are ASAP bars's investors?
ASAP bars has 6 investors. Key investors include Parle, Bhookanch Business Services, Pearltri Business, CIIE, and Siddharth Jain.
What is ASAP bars's valuation?
The valuation of ASAP bars is $11.44M as of Jul 2020.