About Chutnefy
Chutnefy is a Consumer company based in Kanchipuram (India) founded in 2015 by Shreyas Raghav and Prasanna Natarajan. Chutneys and spreads are offered by an internet-first brand. It operates in the Consumer and Retail sectors. 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. Chutnefy was last valued at $3.72 million in March 2023. Its chief executive, as recorded, is Prasanna Natarajan. Its website chutnefy.com draws about 35 thousand monthly visits. Its Indian entity Funk Foods Private Limited reported revenue of ₹1.79 Cr. Chutnefy offers products and services including Coconut Chutney, Peanut Chutney, Spicy Onion Chutney, Tomato Chutney, and Hotel Sambar. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Sauces. Its competitors include Veeba, Masterchow and Him Shakti; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Kanchipuram, India
- Employees 28
- Founders Shreyas Raghav, Prasanna Natarajan
- Stage Minicorn
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website chutnefy.com
- Social X Facebook Instagram YouTube
- Legal Name Funk Foods Private Limited
- Date of Incorporation 28 Jan, 2022
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.79 Cr
FY 2024 · +677% YoY
- Net Loss-₹6.61 Cr
FY 2024 · -370% margin
- EBITDA-₹4.97 Cr
FY 2024 · -278% margin
- Total Equity Funding$1.37M (USD)
in 3 rounds
- Latest Funding Round$30.31K (USD), Angel Round
Mar 2023
- Employee Count28
Associated legal entities of Chutnefy
Chutnefy operates through Funk Foods Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Funk Foods Private Limited CIN U01100TN2022PTC149468 | Active | 28 Jan 2022 | Chennai, Tamil Nadu | ₹1.8 Cr | 28 | 2 | View details |
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
Apps and channels of Chutnefy
its YouTube channel Chutnefy has 5.3K subscribers and 18 videos.
Videos from Chutnefy
The most watched videos on Chutnefy's YouTube channel, Chutnefy (5.3K subscribers). Click a video to play it here.
More on Chutnefy.
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.
- Total Funding $1.37M
- Total Rounds 3
- Last Round Angel Round — $30,307
- First Round $601,068
(Apr 2022)
- Investors Count 4
All 3 funding rounds of Chutnefy 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 |
|---|---|---|---|---|---|
| Mar 2023 | $30,307 | Angel Round | $3.72M | – | – |
| Aug 2022 | $738,268 | Seed | $3.38M | Rajat Chakra Credit And Holdings | |
| Apr 2022 | $601,068 | Angel Round | $••••• | Sachika Kumar, Renuka Kumar | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $3.72M | •••••••• |
| Aug 2022 | $3.38M | •••••••• |
| Apr 2022 | $••••• | •••••••• |
Full valuation and stage history of Chutnefy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $3.72M (Mar 2023). 4 investors in total: 1 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SK Sachika Kumar | unknown_4f26615bd143429d8 | |||
RK Renuka Kumar | unknown_aab58f0d76f541c7a | |||
SR Shreyas Raghav | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_926f90f1eddc41919 |
Investor details for Chutnefy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Funk Foods Private Limited (Chutnefy)
Funk Foods Private Limited is the primary company behind Chutnefy. The board of Funk Foods Private Limited currently have 2 directors; the longest-serving is Natarajan Prasanna, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Natarajan Prasanna DIN 01684876 | Director | 28 Jan 2022 | 4 yrs 9 mo | Funk Foods Private Limited |
| Shreyas Raghav DIN 09512662 | Director | 06 May 2022 | 4 yrs 6 mo | Funk Foods Private Limited |
People of Chutnefy
2 people are tracked at Chutnefy (2 in leadership); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
| Co-Founder& COO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Chutnefy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Chutnefy
Figures of Funk Foods Private Limited, the primary company behind Chutnefy, for FY 2024. Revenue was ₹1.79 Cr (+677% year on year). Net loss was -₹6.61 Cr (-370% margin). EBITDA was -₹4.97 Cr (-278% margin).
- ₹1.79 CrRevenue · FY 2024 · +677% YoY
- -₹6.61 CrNet loss · -370% margin
- -₹4.97 CrEBITDA · -278% margin
- ₹33.67 CrPaid-up capital
- 28Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Funk Foods Private Limited are on its company page.
Detailed financial statements for Chutnefy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Chutnefy
4 dated milestones of Chutnefy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Chutnefy is founded.
- Funding First funding round of $601K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $30K.
Competitors of Chutnefy
Chutnefy has 3 listed competitors in our database, 3 of them funded. They include Veeba, Masterchow and Him Shakti.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| veeba.in | 2012 | Gurugram, India | $58.27M | 1,238 | Internet first brand of sauces, dips, and other condiment products | |
| masterchow.in | 2020 | Delhi, India | $10.46M | 32 | Multi-category sauces are offered by this internet-first brand. | |
| him-shakti.com | 2013 | Dehradun, India | $444,495 | Internet first brand of rice, millets, salt, and spices |
Detailed competitors of Chutnefy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Chutnefy
The website of Chutnefy (chutnefy.com) receives about 34.7K visits a month.
- Monthly visits34.7K
▲ 868.2% vs previous month
Websites whose visitors overlap most with Chutnefy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| millesupergrain.com | 100% | 68.9K | #383,319 | View details | |
| gladful.in | 98% | 27.6K | #1,265,607 | View details | |
rootzorganics.in | rootzorganics.in | 66% | #1,675,480 | – | |
| slurrpfarm.com | 63% | 111.6K | #262,346 | View details | |
| aachifoods.com | 47% | 43.6K | #578,660 | View details |
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Chutnefy (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 25.83 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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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 CEO of Chutnefy, as recorded in our data. They have also founded this company.
Chutnefy is a funded company, having raised a total of $1.37M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $601.07K, raised on Apr 2022.
Chutnefy has 28 employees.
The primary company behind Chutnefy, Funk Foods Private Limited, reported revenue of ₹1.79 Cr for FY 2024, up 677% year on year.
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, Masterchow and Him Shakti.
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.
Chutnefy operates through Funk Foods Private Limited.