About Chutnefy
Chutnefy is a company based in Kanchipuram (India) founded in 2015 by Shreyas Raghav and Prasanna Natarajan. Chutnefy has raised $1.37 million across 3 funding rounds from investors including Sachika Kumar, Renuka Kumar and Rajat Chakra Credit And Holdings. The company has 28 employees as of April 03, 2024. Chutnefy offers products and services including Coconut Chutney, Peanut Chutney, Spicy Onion Chutney, Tomato Chutney, and Hotel Sambar. Chutnefy operates in a competitive market with competitors including Veeba, Masterchow, Him Shakti, JhaJi Store and Native Milk, among others.
- Headquarter Kanchipuram, India
- Employees 28 as on 03 Apr, 2024
- Founders Shreyas Raghav, Prasanna Natarajan
- Stage Minicorn
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Sectors
ConsumerRetail
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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 Funk Foods Private Limited
- Date of Incorporation 28 Jan, 2022
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$27.62 K (USD)0as on Mar 31, 2023
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Net Profit
-$381.6 K (USD)0as on Mar 31, 2023
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EBITDA
-$279.48 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.37 M (USD)
in 3 rounds
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Latest Funding Round
$30.31 K (USD), Angel Round
Mar 02, 2023
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Investors
Rajat Chakra Credit And Holdings
& 3 more
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Employee Count
28
as on Apr 03, 2024
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Products & Services of Chutnefy
Chutnefy offers a comprehensive portfolio of products and services, including Coconut Chutney, Peanut Chutney, Spicy Onion Chutney, Tomato Chutney, and Hotel Sambar.
Ready-to-eat mild chutney for Indian meals
Spicy peanut-based chutney for everyday use
Hot onion chutney suitable for multiple dishes
Medium-spicy tomato chutney for quick meals
Spicy sambar mix for easy Indian cooking
Pre-prepared pongal with chutney and sambar
Ghee-loaded khichdi for simple preparation
Funding Insights of Chutnefy
Chutnefy has successfully raised a total of $1.37M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $30.31 thousand completed in March 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.
Investors in Chutnefy
Chutnefy has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Sachika Kumar, Renuka Kumar and Rajat Chakra Credit And Holdings.
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Sachika Kumar |
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Renuka Kumar |
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Investor details for Chutnefy
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Investments & Acquisitions by Chutnefy
Investment portfolio details for Chutnefy
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Financial Statements - Chutnefy
Detailed financials for Chutnefy
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Chutnefy Comparisons
Peer comparison for Chutnefy
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Competitors of Chutnefy
Chutnefy 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 Veeba, Masterchow, Him Shakti, JhaJi Store and Native Milk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Internet first brand of sauces, dips, and other condiment products
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Multi-category sauces are offered by this internet-first brand.
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Internet first brand of rice, millets, salt, and spices
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Homemade achars and chutneys are sold via an online platform.
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A2 milk and dairy products are delivered via subscription model.
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Manufacturer of Indian-style hot sauces and spice blends
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Detailed competitors of Chutnefy
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Chutnefy
Complete news archive for Chutnefy
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Frequently Asked Questions about Chutnefy
Chutnefy was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Chutnefy is headquartered in Kanchipuram, India. It is registered at Kanchipuram, Tamil Nadu, India.
Prasanna Natarajan is the current CEO of Chutnefy. They have also founded this company.
Chutnefy is a funded company, having raised a total of $1.37M across 3 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Chutnefy is 28.
Annual revenue of Chutnefy is $27.62K as on Mar 31, 2023.
Founded in 2015 in Kanchipuram, India, Chutnefy functions as an internet-first entity within the food sector. Products such as peanut chutney, tomato chutney, coriander chutney, beetroot chutney, mint chutney, and mushroom with black garlic chutney are distributed primarily through online channels. Leadership is provided by co-founders Prasanna Natarajan, serving as CEO, and Shreyas Raghav, serving as COO.
Chutnefy's top competitors include Veeba, Troovy and Masterchow.
Chutnefy offers Coconut Chutney, Peanut Chutney, Spicy Onion Chutney, Tomato Chutney, and 3 more products and services.
Chutnefy has 4 investors. Key investors include Sachika Kumar, Renuka Kumar, Rajat Chakra Credit And Holdings, and Shreyas Raghav.
The valuation of Chutnefy is $3.72M as of Mar 2023.