ASAP bars

Bengaluru, India Founded: 2014 • Age: 12 yrs Minicorn
Platform offering healthy snacks

About ASAP bars

ASAP bars is a Retail company based in Bengaluru (India) founded in 2014 by Kanupradeep Subramanian and Srishti Shaw. Platform offering healthy snacks. 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. ASAP bars was last valued at $11.44 million in July 2020. Its chief executive, as recorded, is Kanupradeep Subramanian. Its Indian entity Wimwi Foods Private Limited reported revenue of β‚Ή2.5 Lakh. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Snacks and Convenience Food. Its competitors include Yoga Bar, True Elements and Troo Good; 3 of its 3 listed competitors have raised funding.

Company details

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.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹2.5 Lakh

    FY 2024 · -99% YoY

  • Net Loss
    -₹59.5 Lakh

    FY 2024 · -2421% margin

  • EBITDA
    -₹47.1 Lakh

    FY 2024 · -1914% margin

  • Total Equity Funding
    $2.29M (USD)

    in 4 rounds

  • Latest Funding Round
    $997.22K (USD), Series A

    Jul 2020

  • Investors
    Parle

    & 5 more

  • Employee Count
    4

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 $2.29M
  • Total Rounds 4
  • Last Round Series A β€” $997,215
  • First Round $76,080

    (Oct 2015)

  • Investors Count 6

All 4 funding rounds of ASAP bars with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020$997,215Series A$11.44MParle Products
–
Nov 2018$1.02MSeries A$3.23MParle Products
–
May 2017$194,352Seed$β€’β€’β€’β€’β€’Bhookanch Business Services, Pearltri Business
–
Oct 2015$76,080Seed$β€’β€’β€’β€’β€’Wellknown Worldwide
Valuation history
DateValuationStage
Jul 2020$11.44Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2018$3.23Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of ASAP bars

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Last known valuation $11.44M (Jul 2020). 6 investors in total: 5 institutional and 1 angel.

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.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Food and beverages products are manufactured by Parle Products.
1929parleproducts.comMumbai, India
Software development, testing, and ERP solutions are provided.
bhookanchbusinessservices.tcc.modeChennai, India
Limited information available
pearltribusinessservice.tcc.modeChennai, India
Startup incubator
ciie.coAhmedabad, India
Limited information is available on core activities.
wellknownworldwide.tcc.modeAhmedabad, India

Siddharth Jain

unknown_963964b635424972a
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Investor details for ASAP bars

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Board of directors of Wimwi Foods Private Limited (ASAP bars)

Wimwi Foods Private Limited is the primary company behind ASAP bars. The board of Wimwi Foods Private Limited currently have 2 directors; the longest-serving is Srishti Shaw, appointed in 2014. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Srishti Shaw
DIN 06849418
Director31 Mar 201412 yrs 7 moWimwi Foods Private Limited
Haresh Gopaldas Doshi
DIN 00721503
Additional Director19 Feb 20242 yrs 8 moWimwi Foods Private Limited

People of ASAP bars

2 people are tracked at ASAP bars (2 in leadership); the tracked headcount is 4.

NameRoleGroup
Kanupradeep Subramanian
Co-Founder & CEOLeadership
Co-Founder & DirectorLeadership
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Financials of ASAP bars

Figures of Wimwi Foods Private Limited, the primary company behind ASAP bars, for FY 2024. Revenue was ₹2.5 Lakh (-99% year on year). Net loss was -₹59.5 Lakh (-2421% margin). EBITDA was -₹47.1 Lakh (-1914% margin). Revenue has grown at a compounded annual rate of -81% over three years and -49% over five years.

  • ₹2.5 LakhRevenue · FY 2024 · -99% YoY
  • -₹59.5 LakhNet loss · -2421% margin
  • -₹47.1 LakhEBITDA · -1914% margin
  • ₹13.7 LakhPaid-up capital
  • 4Employees (provident fund records)
  • -81%Revenue CAGR, 3 years
  • -49%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Wimwi Foods Private Limited are on its company page.

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Timeline of ASAP bars

4 dated milestones of ASAP bars across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded ASAP bars is founded.
  2. Funding First funding round of $76K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $997K.

Competitors of ASAP bars

ASAP bars has 3 listed competitors in our database, 3 of them funded. They include Yoga Bar, True Elements and Troo Good.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
yogabars.in2014Bengaluru, India$23.62M257
Protein-based food products are offered via an online platform.
true-elements.com2013Pune, India$3.38M580
Health snacks and supplements are manufactured and marketed.
troogood.com2018Hyderabad, India$17.02M63
Millet-based snack foods are offered via an internet-first brand.
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Top companies in Food & Grocery Retail

3 companies that operate in the same segment as ASAP bars (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,488
Personal and household products are delivered via an e-commerce platform.
2011Bengaluru, Karnataka, IndiaUSD 943.07 MUSD 1.17 B22,095
Instant delivery of groceries and essentials is facilitated online.
2013Gurugram, Haryana, IndiaUSD 757.52 M11,913
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Related news about Asap Bars

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Frequently Asked Questions about ASAP bars

ASAP bars was founded in 2014 and raised its 1st funding round 1 year after it was founded.

ASAP bars is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Kanupradeep Subramanian is the CEO of ASAP bars, as recorded in our data. They have also founded this 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 $76.08K, raised on Oct 2015.

ASAP bars has 4 employees.

The primary company behind ASAP bars, Wimwi Foods Private Limited, reported revenue of β‚Ή2.5 Lakh for FY 2024, down 99% year on year.

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.

ASAP bars's top competitors include Yoga Bar, Troo Good and True Elements.

ASAP bars has 6 investors. Key investors include Parle, Bhookanch Business Services, Pearltri Business, CIIE, and Siddharth Jain.

The valuation of ASAP bars is $11.44M as of Jul 2020.

ASAP bars operates through Wimwi Foods Private Limited.

The legal entities of ASAP bars currently have 2 directors, including Srishti Shaw, Haresh Gopaldas Doshi.

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