About Bonhomia
Bonhomia is a Consumer company based in Bengaluru (India) founded in 2012 by Kunal Bhagat and Tuhin Jain, and was acquired by CoCreate in January 2018. Gourmet tea and espresso capsules are sold online by Bonhomia. It operates on a Direct-to-Consumer (D2C) and Subscription Box model in Consumer and Retail sectors. Bonhomia has raised $3.69 million across 6 funding rounds from investors including CoCreate, Gulu Mirchandani and Ramrod Advisors. Bonhomia was last valued at $5 million in June 2016. Its Indian entity Indulge Beverages Private Limited reported revenue of ₹66.6 Lakh. Bonhomia offers products and services including Coffee Capsules, Coffee Brewers, Tea Capsules, and Coffee Drip Bags. Its focus areas include Food & Beverage, Beverages and Coffee & Tea. Its competitors include Rage Coffee, Sleepy Owl and VS Mani & Co; 3 of its 3 listed competitors have raised funding.
Company details
Bonhomia is engaged in providing premium gourmet coffee and tea products. A wide range of offerings, including coffee capsules, brewers, tea capsules, and drip bags, are made available. The company focuses on high-quality beans sourced directly from Indian farmers. Solutions are tailored for home, office, and on-the-go consumption. Support for local farmers is emphasized through fair pricing initiatives. The beverage sector is primarily served with innovative and convenient products.
- Headquarters Bengaluru, India
- Founders Kunal Bhagat, Tuhin Jain
- Stage Acquired
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website bonhomiaworld.com
- Social LinkedIn X Facebook Instagram
- Acquired by CoCreate (Jan 2018)
- Legal Name Indulge Beverages Private Limited
- Date of Incorporation 25 Jan, 2012
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Bonhomia
Bonhomia operates through Indulge Beverages Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indulge Beverages Private Limited CIN U74999KA2012PTC144170 | Active | 25 Jan 2012 | Bangalore, Karnataka | ₹0.7 Cr | 38 | 2 | View details |
Products & Services of Bonhomia
Bonhomia offers a comprehensive portfolio of products and services, including Coffee Capsules, Coffee Brewers, Tea Capsules, and Coffee Drip Bags.
Premium coffee capsules are offered for espresso machines.
Coffee brewers are provided for convenient home brewing.
Tea capsules are available for diverse flavor options.
Single-serve coffee drip bags are offered for convenience.
Funding Insights of Bonhomia
Bonhomia has successfully raised a total of $3.69M across 6 strategic funding rounds. 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 $3.69M
- Total Rounds 6
- First Round $2.01M
(Feb 2015)
- Investors Count 23
All 6 funding rounds of Bonhomia 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 |
|---|---|---|---|---|---|
| Jan 2022 | Debt – Conventional | – | – | – | |
| Sep 2019 | $142,120 | Seed | – | CoCreate, Ramrod Advisors | |
| Dec 2017 | $37,192 | Seed | – | Durga Rawat | |
| Jun 2017 | $1M | Seed | – | – | – |
| Jun 2016 | $500,000 | Seed | $5M | Fireside Ventures | |
| Feb 2015 | $2.01M | Seed | $9M | Mohit Gupta, Narendra Rawat |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2016 | $5M | •••••••• |
| Feb 2015 | $9M | •••••••• |
Last known valuation $5M (Jun 2016). 23 investors in total: 6 institutional and 17 angel.
Investors in Bonhomia
Bonhomia has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include CoCreate, Gulu Mirchandani and Ramrod Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Management consulting services are provided by CoCreate in Bengaluru. | cocreate.ventures | Bengaluru, India | ||
Early-stage healthcare startups are targeted for venture capital investments. | Mumbai, India | |||
Early-stage consumer brand companies are invested in by Fireside Ventures. | firesideventures.com | Bengaluru, India | ||
Boutique investment banking and financial advisory services are offered. | valpro.co.in | Delhi, India | ||
GM Gulu Mirchandani | Founder of Onida Electronics, prominent angel investor in Indian startups | unknown_4a6ab08a634046c3a | ||
MG Mohit Gupta | unknown_af8aff0bb0a34a6cb | |||
NR Narendra Rawat | unknown_15c5ae751f024bccb | |||
DR Durga Rawat | unknown_6f1de5b07ca5489bb |
Investor details for Bonhomia
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Indulge Beverages Private Limited (Bonhomia)
Indulge Beverages Private Limited is the primary company behind Bonhomia. The board of Indulge Beverages Private Limited currently have 2 directors; the longest-serving is Suresh Narasimha, appointed in 2017. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Narasimha DIN 00931735 | Director | 21 Sep 2017 | 9 yrs 1 mo | Indulge Beverages Private Limited |
| Prashanth Ranganathaachar DIN 07603993 | Director | 16 Dec 2019 | 6 yrs 10 mo | Indulge Beverages Private Limited |
People of Bonhomia
2 people are tracked at Bonhomia (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Bonhomia
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Bonhomia
Figures of Indulge Beverages Private Limited, the primary company behind Bonhomia, for FY 2023. Revenue was ₹66.6 Lakh (-24% year on year). Net loss was -₹10.2 Lakh (-15% margin). EBITDA was -₹3.9 Lakh (-6% margin). Revenue has grown at a compounded annual rate of -19% over three years and -12% over five years.
- ₹66.6 LakhRevenue · FY 2023 · -24% YoY
- -₹10.2 LakhNet loss · -15% margin
- -₹3.9 LakhEBITDA · -6% margin
- ₹2.08 CrPaid-up capital
- 38Employees (provident fund records)
- -19%Revenue CAGR, 3 years
- -12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indulge Beverages Private Limited are on its company page.
Detailed financial statements for Bonhomia
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Bonhomia
5 dated milestones of Bonhomia across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Bonhomia is founded.
- Funding First funding round of $2.0M.
- Milestone Reaches Minicorn status.
- Exit Acquired by CoCreate.
- Funding Latest funding round, Debt – Conventional,.
Competitors of Bonhomia
Bonhomia has 3 listed competitors in our database, 3 of them funded. They include Rage Coffee, Sleepy Owl and VS Mani & Co.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ragecoffee.com | 2018 | Delhi, India | $11.44M | 28 | Coffee beans, ground coffee, and ready-to-drink products are retailed. | |
| sleepyowl.co | 2016 | Gurugram, India | $10.69M | 112 | Subscription-based coffee varieties are offered through an online platform. | |
| vsmani.com | 2020 | Bengaluru, India | $1.44M | 15 | Instant coffee powder is marketed via an internet-first brand model. |
Detailed competitors of Bonhomia
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Web traffic of Bonhomia
The website of Bonhomia (bonhomiaworld.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 1.3% vs previous month
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Bonhomia (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 61.39 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 143.51 M | 2,828 |
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Related news about Bonhomia
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Frequently Asked Questions about Bonhomia
Bonhomia was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Bonhomia is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bonhomia is a funded company, having raised a total of $3.69M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2.01M, raised on Feb 2015.
The primary company behind Bonhomia, Indulge Beverages Private Limited, reported revenue of ₹66.6 Lakh for FY 2023, down 24% year on year.
Bonhomia is engaged in providing premium gourmet coffee and tea products. A wide range of offerings, including coffee capsules, brewers, tea capsules, and drip bags, are made available. The company focuses on high-quality beans sourced directly from Indian farmers. Solutions are tailored for home, office, and on-the-go consumption. Support for local farmers is emphasized through fair pricing initiatives. The beverage sector is primarily served with innovative and convenient products.
Bonhomia's top competitors include Sleepy Owl, Rage Coffee and VS Mani & Co.
Bonhomia offers Coffee Capsules, Coffee Brewers, Tea Capsules, and Coffee Drip Bags.
Bonhomia has 23 investors. Key investors include CoCreate, Gulu Mirchandani, Ramrod Advisors, Bluest Goods and Services, and Mohit Gupta.
The valuation of Bonhomia is $5M as of Jun 2016.
Bonhomia operates through Indulge Beverages Private Limited.
Yes. Bonhomia was acquired by CoCreate in January 2018.
The legal entities of Bonhomia currently have 2 directors, including Suresh Narasimha, Prashanth Ranganathaachar.