About Corn Junction
Corn Junction is a Consumer company based in Lucknow (India) founded in 2017. Healthy and natural fast food is served by Corn Junction. Its Indian entity Solobie Enterprises Private Limited reported revenue of ₹42.8 Lakh. Its focus areas include Food and Agriculture and Restaurants.
Company details
Corn Junction was established in 2017 as a restaurant in the fast food sector. Operations are based in Lucknow, India, where healthy and natural meals are offered to customers. The focus is placed on providing quick-service options using fresh ingredients. Services include dine-in and takeout, with an online presence maintained through cornjunction.com. The business operates within the local food industry, emphasizing nutritional value in its menu.
- Headquarters Lucknow, India
- SectorsConsumer
- Email••••••••
- Website cornjunction.com
- Social LinkedIn Facebook
- Legal Name Solobie Enterprises Private Limited
- Date of Incorporation 12 Oct, 2017
- Jurisdiction Lucknow, Uttar Pradesh, India
- Annual Revenue₹42.8 Lakh
FY 2023 · +18% YoY
- Net Loss-₹6.9 Lakh
FY 2023 · -16% margin
- EBITDA-₹4 Lakh
FY 2023 · -9% margin
- Investors
Associated legal entities of Corn Junction
Corn Junction operates through Solobie Enterprises 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 |
|---|---|---|---|---|---|---|---|
| Solobie Enterprises Private Limited CIN U74993UP2017PTC097785 | Active | 12 Oct 2017 | Lucknow, Uttar Pradesh | ₹0.4 Cr | 2 | View details |
Funding Insights of Corn Junction
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Corn Junction 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 |
|---|---|---|---|---|---|
| Jul 2022 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Corn Junction
Corn Junction has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GetFunded.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An online platform is provided for startup fundraising needs. | getfunded.com | Soesterberg, Netherlands |
Investor details for Corn Junction
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Solobie Enterprises Private Limited (Corn Junction)
Solobie Enterprises Private Limited is the primary company behind Corn Junction. The board of Solobie Enterprises Private Limited currently have 2 directors; the longest-serving is Ajay Kumar Chaurasia, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Kumar Chaurasia DIN 03334111 | Director | 12 Oct 2017 | 9 yrs | Solobie Enterprises Private Limited |
| Vivek Kumar Verma DIN 09543058 | Director | 22 Mar 2022 | 4 yrs 7 mo | Solobie Enterprises Private Limited |
Financials of Corn Junction
Figures of Solobie Enterprises Private Limited, the primary company behind Corn Junction, for FY 2023. Revenue was ₹42.8 Lakh (+18% year on year). Net loss was -₹6.9 Lakh (-16% margin). EBITDA was -₹4 Lakh (-9% margin). Revenue has grown at a compounded annual rate of +21% over three years.
- ₹42.8 LakhRevenue · FY 2023 · +18% YoY
- -₹6.9 LakhNet loss · -16% margin
- -₹4 LakhEBITDA · -9% margin
- ₹10 LakhPaid-up capital
- +21%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Solobie Enterprises Private Limited are on its company page.
Detailed financial statements for Corn Junction
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Corn Junction
2 dated milestones of Corn Junction across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Corn Junction is founded.
- Funding First funding round.
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Frequently Asked Questions about Corn Junction
Corn Junction was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Corn Junction is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
The primary company behind Corn Junction, Solobie Enterprises Private Limited, reported revenue of ₹42.8 Lakh for FY 2023, up 18% year on year.
Corn Junction was established in 2017 as a restaurant in the fast food sector. Operations are based in Lucknow, India, where healthy and natural meals are offered to customers. The focus is placed on providing quick-service options using fresh ingredients. Services include dine-in and takeout, with an online presence maintained through cornjunction.com. The business operates within the local food industry, emphasizing nutritional value in its menu.
Corn Junction has 1 investor. Key investors include GetFunded.com.
Corn Junction operates through Solobie Enterprises Private Limited.
The legal entities of Corn Junction currently have 2 directors, including Ajay Kumar Chaurasia, Vivek Kumar Verma.