About Bansiwala
Bansiwala is a company based in Mumbai (India) founded in 2016 by Mridu Goel. It operates as a Direct-to-Consumer (D2C). Bansiwala has raised $160 thousand across 1 funding round from investors including 100X.VC. Bansiwala offers products and services including Mathura Peda, Gud Gajak, and Assorted Petha - Festive Pack. Bansiwala operates in a competitive market with competitors including Lal Sweets, The Betel Leaf Co, Fulva, Veratix Solutions and Almora Mithai, among others.
- Headquarter Mumbai, India
- Founders Mridu Goel
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name Foodiago India Pvt. Ltd.
- Date of Incorporation 02 Aug, 2019
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$113.67 K (USD)82.87as on Mar 31, 2021
-
Net Profit
$-20.81 K (USD)-1144.23as on Mar 31, 2021
-
EBITDA
$-19.38 K (USD)-652.35as on Mar 31, 2021
-
Total Equity Funding
$160 K (USD)
in 1 rounds
-
Latest Funding Round
$160 K (USD), Seed
Jun 26, 2023
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Bansiwala
Bansiwala offers a comprehensive portfolio of products and services, including Mathura Peda, Gud Gajak, and Assorted Petha - Festive Pack. 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.
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 $160K through 1 strategic funding round. The most recent funding activity was a Seed round of $160 thousand completed in June 2023. 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 1
- Last Round Seed — $160,000
-
First Round
First Round
(26 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Bansiwala | Valuation | 100X.VC |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bansiwala
Bansiwala has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC. 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 |
|---|---|---|---|---|
|
Early-stage startups are funded by 100X.VC venture capital firm.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Bansiwala
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Bansiwala
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bansiwala Comparisons
Competitors of Bansiwala
Bansiwala 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 Lal Sweets, The Betel Leaf Co, Fulva, Veratix Solutions and Almora Mithai, 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 |
Cookies and sweets are distributed by an internet-first brand.
|
|
| domain | founded_year | HQ Location |
Paan products including teas and chocolates are offered online.
|
|
| domain | founded_year | HQ Location |
Online platform for purchasing traditional Indian halwa and combos.
|
|
| domain | founded_year | HQ Location |
Offers IT consulting, digital marketing, and web development expertise to businesses.
|
|
| domain | founded_year | HQ Location |
Online platform for ordering authentic Indian sweets with global delivery.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Bansiwala
When was Bansiwala founded?
Bansiwala was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is Bansiwala located?
Bansiwala is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Bansiwala?
Mridu Goel is the current CEO of Bansiwala. They have also founded this company.
Is Bansiwala a funded company?
Bansiwala is a funded company, having raised a total of $160K across 1 funding round to date. The company's 1st funding round was a Seed of $160K, raised on Jun 26, 2023.
What is the annual revenue of Bansiwala?
Annual revenue of Bansiwala is $113.67K as on Mar 31, 2021.
What does Bansiwala do?
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.
Who are the top competitors of Bansiwala?
Bansiwala's top competitors include Lal Sweets, The Betel Leaf Co and Magicleaf.
What products or services does Bansiwala offer?
Bansiwala offers Mathura Peda, Gud Gajak, and Assorted Petha - Festive Pack.
Who are Bansiwala's investors?
Bansiwala has 1 investor. Key investors include 100X.VC.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.