About Chef's Basket
Chef's Basket is a company based in Mumbai (India) founded in 2012 was acquired by Weikfield in June 2019.. Chef's Basket has raised $7.79 million across 4 funding rounds from investors including HT Media, Weikfield and Trifecta Capital. The company has 10 employees as of April 07, 2024. Chef's Basket operates in a competitive market with competitors including ID Fresh Food, Tasty Bite, VEGOLUTION, BENANI FOODS and Bluepine Foods, among others.
- Headquarter Mumbai, India
- Employees 10 as on 07 Apr, 2024
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fizzy Foodlabs Private Limited
- Date of Incorporation 06 Aug, 2012
- Jurisdiction Bhiwandi, Maharashtra, India
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Annual Revenue
$488.04 K (USD)-62.4as on Mar 31, 2019
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Net Profit
$-1.46 M (USD)-7.67as on Mar 31, 2019
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EBITDA
$-1.32 M (USD)-9.77as on Mar 31, 2019
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Total Equity Funding
$7.79 M (USD)
in 4 rounds
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Latest Funding Round
$735.5 K (USD), Debt – Venture
Dec 22, 2016
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Investors
HT Media
& 22 more
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Employee Count
10
as on Apr 07, 2024
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Acquired by
Weikfield
(Jun 01, 2019)
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Funding Insights of Chef's Basket
Chef's Basket has successfully raised a total of $7.79M across 4 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $735.5 thousand completed in December 2016. 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 4
- Last Round Debt – Venture — $735,495
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First Round
First Round
(03 Oct 2014)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Debt – Venture - Chef's Basket | Valuation |
investors |
|
| Nov, 2016 | Amount | Series A - Chef's Basket | Valuation | HT Media | |
| Sep, 2015 | Amount | Series A - Chef's Basket | Valuation | Elevation Capital |
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chef's Basket
Chef's Basket has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include HT Media, Weikfield and Trifecta 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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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location | |
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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location | |
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Print, digital, and radio media platforms are operated.
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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
|
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 Chef's Basket
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - Chefs Basket
| 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 |
Chef's Basket Comparisons
Competitors of Chef's Basket
Chef's Basket 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 ID Fresh Food, Tasty Bite, VEGOLUTION, BENANI FOODS and Bluepine Foods, 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 |
Ready-to-cook wholesome food products are provided by ID Fresh Food.
|
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| domain | founded_year | HQ Location |
Packaged, ready to cook food for Indian and south Asian cuisine
|
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| domain | founded_year | HQ Location |
Versatile and nutritious protein-first vegetarian foods are produced.
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| domain | founded_year | HQ Location |
Ready-to-cook food brand
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| domain | founded_year | HQ Location |
Ready-to-make oriental snacks are branded and distributed by Bluepine Foods.
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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 Chef's Basket
Frequently Asked Questions about Chef's Basket
When was Chef's Basket founded?
Chef's Basket was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Chef's Basket located?
Chef's Basket is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Chef's Basket a funded company?
Chef's Basket is a funded company, having raised a total of $7.79M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Oct 03, 2014.
How many employees does Chef's Basket have?
As of Apr 07, 2024, the latest employee count at Chef's Basket is 10.
What is the annual revenue of Chef's Basket?
Annual revenue of Chef's Basket is $488.04K as on Mar 31, 2019.
What does Chef's Basket do?
Chefs Basket was established in 2012 in Mumbai, India, within the food sector. Operations focus on an internet-first model for ready-to-eat meal products, primarily pasta varieties like fusilli and macaroni made from durum wheat semolina, alongside sauces. Supplies are extended to the hospitality industry and individual consumers, supporting both bulk and retail needs in the region.
Who are the top competitors of Chef's Basket?
Chef's Basket's top competitors include ID Fresh Food, Tasty Bite and VEGOLUTION.
Who are Chef's Basket's investors?
Chef's Basket has 23 investors. Key investors include HT Media, Weikfield, Trifecta Capital, Elevation Capital, and Haresh Ram Chawla.
What is Chef's Basket's valuation?
The valuation of Chef's Basket is $24.27M as of Nov 2016.