About Busago
Busago is a company based in Mumbai (India) founded in 2000 by Mithu Alur and Nikhil Chib. Busago has raised $548.55 thousand across 3 funding rounds from investors including Pactolus Ventures. Busago operates in a competitive market with competitors including Curefoods, Rebel Foods, Biryani By Kilo, Potful and FreshMenu, among others.
- Headquarter Mumbai, India
- Founders Mithu Alur, Nikhil Chib
- 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 Busabong & Co. Private Limited
- Date of Incorporation 14 Nov, 2000
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$342.5 K (USD)17.92as on Mar 31, 2022
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Net Profit
$10.39 K (USD)-69.65as on Mar 31, 2022
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EBITDA
$50.46 K (USD)30.19as on Mar 31, 2022
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Total Equity Funding
$548.55 K (USD)
in 3 rounds
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Latest Funding Round
$324.5 K (USD), Seed
Jul 18, 2017
- Investors
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Employee Count
Not available
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Funding Insights of Busago
Busago has successfully raised a total of $548.55K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $324.5 thousand completed in July 2017. 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.
Investors in Busago
Busago has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Pactolus Ventures.
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Early-stage capital is provided to startups by Pactolus Ventures.
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Investor details for Busago
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Investments & Acquisitions by Busago
Investment portfolio details for Busago
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Financial Statements - Busago
Detailed financials for Busago
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Busago Comparisons
Peer comparison for Busago
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Competitors of Busago
Busago 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 Curefoods, Rebel Foods, Biryani By Kilo, Potful and FreshMenu, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud kitchens are operated and food brands are incubated technologically.
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Multi-category food products are offered via an internet restaurant platform.
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Internet first restaurant offering on demand food delivery for consumers
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On-demand food products are provided by an internet-first restaurant.
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On-demand meals are delivered via an online platform.
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Cloud-based restaurant services are operated via mobile app in Mumbai.
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Detailed competitors of Busago
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Latest news on Busago
Complete news archive for Busago
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Frequently Asked Questions about Busago
Busago was founded in 2000 and raised its 1st funding round 16 years after it was founded.
Busago is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nedurumalli Ashok Kumar is the current CEO of Busago.
Busago is a funded company, having raised a total of $548.55K across 3 funding rounds to date.
Annual revenue of Busago is $342.5K as on Mar 31, 2022.
Busago was founded in 2000 as an online platform for food ordering in the food delivery sector. A variety of menu items, including vegetarian and non-vegetarian meals, starters, salads, stir-fries, bowls, curries, desserts, rice, beverages, and add-ons, is offered. Deliveries are handled in Mumbai, Navi Mumbai, and Thane areas of India, with operations based in Mumbai. Leadership includes co-founders Mithu Alur and Nikhil Chib, alongside CEO Nedurumalli Ashok Kumar.
Busago's top competitors include Curefoods, Rebel Foods and Biryani By Kilo.
Busago has 1 investor. Key investors include Pactolus Ventures.
The valuation of Busago is $2.49M as of Jul 2017.