About Bigspoon
Bigspoon is a company based in Ahmedabad (India) founded in 2019 by Pujan Nirmal Thakkar and Rohan Yogeshkumar Bhatt.. Bigspoon has raised $16.21 million across 9 funding rounds from investors including Grip Invest, LetsVenture and Anicut Capital. The company has 176 employees as of March 22, 2024. Bigspoon has completed 1 acquisition, including Top Dog. Bigspoon operates in a competitive market with competitors including EatClub, Hygiene Big Bite, Dil Foods, Kouzina Food Tech and Naaniz, among others.
- Headquarter Ahmedabad, India
- Employees 176 as on 22 Mar, 2024
- Founders Pujan Nirmal Thakkar, Rohan Yogeshkumar Bhatt
- Stage Minicorn
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Sectors
Consumer
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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 Bigspoon Foods Private Limited
- Date of Incorporation 27 Jun, 2019
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$2.12 M (USD)344.01as on Mar 31, 2022
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Net Profit
$-1.82 M (USD)-169.46as on Mar 31, 2022
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EBITDA
$-1.78 M (USD)-182.4as on Mar 31, 2022
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Total Equity Funding
$16.21 M (USD)
in 9 rounds
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Latest Funding Round
$72.23 K (USD), Series B
Jul 17, 2023
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Investors
Grip Invest
& 78 more
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Employee Count
176
as on Mar 22, 2024
- Investments & Acquisitions
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Funding Insights of Bigspoon
Bigspoon has successfully raised a total of $16.21M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $72.23 thousand completed in July 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 9
- Last Round Series B — $72,228
- First Round First Round
- Investors Count 79
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - Bigspoon | Valuation | Capital Ventures Management |
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| Aug, 2022 | Amount | Series A - Bigspoon | Valuation | Indian Angel Network , NB Ventures | |
| Jul, 2022 | Amount | Series A - Bigspoon | Valuation | Shiva Nandi Ventures , Haystack |
| 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 Bigspoon
Bigspoon has secured backing from 79 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Grip Invest, LetsVenture and Anicut Capital. 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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Angel investor network investing in early-stage startups
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Founded Year | Domain | Location | |
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Founded Year | Domain | Location | |
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Tech startups are invested in by GO Ventures.
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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 Bigspoon
Bigspoon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Top Dog. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multiple dishes are served at restaurants in Delhi, India.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bigspoon
| 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 |
Bigspoon Comparisons
Competitors of Bigspoon
Bigspoon 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 EatClub, Hygiene Big Bite, Dil Foods, Kouzina Food Tech and Naaniz, 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 |
Food delivery services are offered in major Indian cities.
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| domain | founded_year | HQ Location |
Virtual restaurant network platform is operated with diverse food offerings.
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| domain | founded_year | HQ Location |
Online platform offering virtual restaurant network
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| domain | founded_year | HQ Location |
Virtual restaurants are operated to deliver diverse cuisines via platforms.
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| domain | founded_year | HQ Location |
Virtual restaurant networks are provided through an online platform.
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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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Latest news on Bigspoon
Frequently Asked Questions about Bigspoon
When was Bigspoon founded?
Bigspoon was founded in 2019.
Where is Bigspoon located?
Bigspoon is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Is Bigspoon a funded company?
Bigspoon is a funded company, having raised a total of $16.21M across 9 funding rounds to date. The company's 1st funding round was a Series A of $679.37K, raised on Jul 01, 2019.
How many employees does Bigspoon have?
As of Mar 22, 2024, the latest employee count at Bigspoon is 176.
What is the annual revenue of Bigspoon?
Annual revenue of Bigspoon is $2.12M as on Mar 31, 2022.
What does Bigspoon do?
Bigspoon was established in 2019 in Ahmedabad, India, as a multi-brand cloud kitchen in the food delivery sector. Various cuisines, including North Indian dishes and classic thali meals, are offered under brands such as Makhni Brothers, Oven Grill, and Meals 101. Mobile apps for Android and iOS are utilized for orders, alongside platforms like UberEats and Swiggy.
Who are the top competitors of Bigspoon?
Bigspoon's top competitors include EatClub, Dil Foods and Kouzina Food Tech.
How many acquisitions has Bigspoon made?
Bigspoon has made 1 acquisition, including Top Dog.
Who are Bigspoon's investors?
Bigspoon has 79 investors. Key investors include Grip Invest, LetsVenture, Anicut Capital, NB Ventures, and CreedCap Asia Advisors.
What is Bigspoon's valuation?
The valuation of Bigspoon is $8.95M as of Mar 2021.