About Bansiwala
Bansiwala is a Consumer company based in Mumbai (India) founded in 2016 by Mridu Goel. Sweets are offered through an internet-first brand in India. It operates on a Direct-to-Consumer (D2C) model. Bansiwala has raised $532.76 thousand across 7 funding rounds from investors including 100X.VC. Its chief executive, as recorded, is Mridu Goel. Its Indian entity Foodiago India Private Limited reported revenue of ₹4.19 Cr. Bansiwala offers products and services including Mathura Peda, Gud Gajak, and Assorted Petha - Festive Pack. Its focus areas include Food & Beverage, Confectionery and Traditional Sweets. Its competitors include Lal Sweets, The Betel Leaf Co and Fulva; 2 of its 3 listed competitors have raised funding.
Company details
Bansiwala is focused on the online sale of traditional Indian sweets and snacks. The company operates in the confectionery sector, offering a variety of products such as Petha, Gajak, Peda, and Namkeen. Solutions include festive gift packs and combo boxes tailored for gifting purposes. The portfolio caters to customers seeking authentic Indian flavors across different regions.
- Headquarters Mumbai, India
- Founders Mridu Goel
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website bansiwala.co.in
- Legal Name Foodiago India Pvt. Ltd.
- Date of Incorporation 02 Aug, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4.19 Cr
FY 2025 · +52% YoY
- Net Profit₹12.6 Lakh
FY 2025 · 3% margin
- EBITDA₹19.1 Lakh
FY 2025 · 5% margin
- Total Equity Funding$532.76K (USD)
in 7 rounds
- Latest Funding Round$255.75K (USD), Angel Round
Apr 2026
- Investors
Associated legal entities of Bansiwala
Bansiwala operates through Foodiago India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Foodiago India Private Limited CIN U15490MH2019PTC328849 | Active | 02 Aug 2019 | Mumbai, Maharashtra | ₹4.2 Cr | 2 | View details |
Products & Services of Bansiwala
Bansiwala offers a comprehensive portfolio of products and services, including Mathura Peda, Gud Gajak, and Assorted Petha - Festive Pack.
Traditional Indian sweet made from milk and sugar.
Sweet made with jaggery and sesame seeds combined.
Candied ash gourd pieces in festive packaging offered.
Funding Insights of Bansiwala
Bansiwala has successfully raised a total of $532.76K across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $255.75 thousand completed in April 2026. 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 $532,762
- Total Rounds 7
- Last Round Angel Round — $255,746
- First Round $14,167
(Nov 2019)
- Investors Count 1
All 7 funding rounds of Bansiwala 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 |
|---|---|---|---|---|---|
| Apr 2026 | $255,746 | Angel Round | – | – | – |
| Mar 2025 | $39,837 | Angel Round | – | – | – |
| Sep 2023 | $31,856 | Angel Round | – | – | – |
| Jun 2023 | $160,000 | Seed | – | 100X.VC | – |
| Jun 2021 | $20,292 | Angel Round | – | – | – |
| Nov 2020 | $10,864 | Angel Round | – | – | – |
| Nov 2019 | $14,167 | Angel Round | – | – | – |
1 investors in total: 1 institutional.
Investors in Bansiwala
Bansiwala has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India |
Investor details for Bansiwala
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Foodiago India Private Limited (Bansiwala)
Foodiago India Private Limited is the primary company behind Bansiwala. The board of Foodiago India Private Limited currently have 2 directors; the longest-serving is Mridu Goel, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mridu Goel DIN 07629272 | Director | 02 Aug 2019 | 7 yrs 2 mo | Foodiago India Private Limited |
| Manju Agarwal DIN 08527870 | Director | 02 Aug 2019 | 7 yrs 2 mo | Foodiago India Private Limited |
People of Bansiwala
1 people are tracked at Bansiwala (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Bansiwala
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Bansiwala
Figures of Foodiago India Private Limited, the primary company behind Bansiwala, for FY 2025. Revenue was ₹4.19 Cr (+52% year on year). Net profit was ₹12.6 Lakh (3% margin). EBITDA was ₹19.1 Lakh (5% margin). Revenue has grown at a compounded annual rate of +26% over three years and +55% over five years.
- ₹4.19 CrRevenue · FY 2025 · +52% YoY
- ₹12.6 LakhNet profit · 3% margin
- ₹19.1 LakhEBITDA · 5% margin
- ₹26.4 LakhPaid-up capital
- +26%Revenue CAGR, 3 years
- +55%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Foodiago India Private Limited are on its company page.
Detailed financial statements for Bansiwala
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Bansiwala
3 dated milestones of Bansiwala across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Bansiwala is founded.
- Funding First funding round of $14K.
- Funding Latest funding round, Angel Round, of $256K.
Competitors of Bansiwala
Bansiwala has 3 listed competitors in our database, 2 of them funded. They include Lal Sweets, The Betel Leaf Co and Fulva.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lalsweets.com | 2010 | Bengaluru, India | $39.35M | 475 | Cookies and sweets are distributed by an internet-first brand. | |
| thebetelleafco.com | 2018 | Bengaluru, India | $2.15M | 27 | Paan products including teas and chocolates are offered online. | |
| fulva.in | 2023 | Kozhikode, India | Online platform for purchasing traditional Indian halwa and combos. |
Detailed competitors of Bansiwala
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bansiwala
The website of Bansiwala (bansiwala.co.in) receives about 4.7K visits a month.
- Monthly visits4.7K
▲ 25.4% vs previous month
Websites whose visitors overlap most with Bansiwala. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
panchhipetha.com | panchhipetha.com | 100% | #701,749 | – | |
| jodhpursweets.com | 85% | 3.5K | #4,314,803 | View details |
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Bansiwala (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Frequently Asked Questions about Bansiwala
Bansiwala was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Bansiwala is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mridu Goel is the CEO of Bansiwala, as recorded in our data. They have also founded this company.
Bansiwala is a funded company, having raised a total of $532.76K across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $14.17K, raised on Nov 2019.
The primary company behind Bansiwala, Foodiago India Private Limited, reported revenue of ₹4.19 Cr for FY 2025, up 52% year on year.
Bansiwala is focused on the online sale of traditional Indian sweets and snacks. The company operates in the confectionery sector, offering a variety of products such as Petha, Gajak, Peda, and Namkeen. Solutions include festive gift packs and combo boxes tailored for gifting purposes. The portfolio caters to customers seeking authentic Indian flavors across different regions.
Bansiwala's top competitors include Lal Sweets, The Betel Leaf Co and Fulva.
Bansiwala offers Mathura Peda, Gud Gajak, and Assorted Petha - Festive Pack.
Bansiwala has 1 investor. Key investors include 100X.VC.
Bansiwala operates through Foodiago India Private Limited.
The legal entities of Bansiwala currently have 2 directors, including Mridu Goel, Manju Agarwal.