About CRAVOVA
CRAVOVA is a Consumer company based in Mumbai (India) founded in 2019 by Satish Negi and Farhan Gigani. CRAVOVA is engaged in offering ready-to-drink mocktails and cold coffee. It operates on a Direct-to-Consumer (D2C) model. CRAVOVA has raised $151.86 thousand across 2 funding rounds from investors including Chandan Ashokkumar and Unglobaltrading. CRAVOVA was last valued at $4.21 million in May 2022. Its Indian entity Cravova Food & Beverages India Private Limited reported revenue of ₹10.25 Cr. CRAVOVA offers products and services including Classic Mojito, Classic Cold Coffee, and Watermelon Mojito. Its focus areas include Food & Beverage, Non-Alcoholic Beverages and Ready-to-Drink Beverages. Its competitors include O'cean Beverages, Slmg Beverages and Nothing Before Coffee; 3 of its 3 listed competitors have raised funding.
Company details
CRAVOVA is involved in the production and distribution of ready-to-drink beverages, focusing on mocktails and cold coffee. The company operates within the non-alcoholic beverage sector, providing a variety of flavors such as Classic Mojito, Watermelon Mojito, and Classic Cold Coffee. Products are sold directly to consumers through an online platform, catering to individuals seeking convenient and refreshing drink options. Emphasis is placed on quality ingredients like Arabica coffee to ensure a satisfying experience for customers.
- Headquarters Mumbai, India
- Founders Satish Negi, Farhan Gigani
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website cravova.com
- Social LinkedIn Facebook Instagram
- Legal Name Cravova Food & Beverages India Private Limited
- Date of Incorporation 23 Sep, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹10.25 Cr
FY 2024 · -20% YoY
- Net Loss-₹41.6 Lakh
FY 2024 · -4% margin
- EBITDA-₹36.9 Lakh
FY 2024 · -4% margin
- Total Equity Funding$151.86K (USD)
in 2 rounds
- Latest Funding Round$83.71K (USD), Angel Round
May 2022
- InvestorsUnglobaltrading
& 1 more
Associated legal entities of CRAVOVA
CRAVOVA operates through Cravova Food & Beverages India 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 |
|---|---|---|---|---|---|---|---|
| Cravova Food & Beverages India Private Limited CIN U15133MH2019PTC330878 | Active | 23 Sep 2019 | Mumbai, Maharashtra | ₹10.2 Cr | 4 | View details |
Products & Services of CRAVOVA
CRAVOVA offers a comprehensive portfolio of products and services, including Classic Mojito, Classic Cold Coffee, and Watermelon Mojito.
A refreshing mocktail with classic minty flavors offered.
A refreshing cold coffee made with Arabica beans.
A fruity mocktail with watermelon and mint flavors.
Funding Insights of CRAVOVA
CRAVOVA has successfully raised a total of $151.86K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $83.71 thousand completed in May 2022. 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 $151,862
- Total Rounds 2
- Last Round Angel Round — $83,712
- First Round $68,150
(Mar 2021)
- Investors Count 2
All 2 funding rounds of CRAVOVA 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 |
|---|---|---|---|---|---|
| May 2022 | $83,712 | Angel Round | $4.21M | Chandan Ashokkumar | – |
| Mar 2021 | $68,150 | Seed | $614,854 | Unglobaltrading | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $4.21M | •••••••• |
Last known valuation $4.21M (May 2022). 2 investors in total: 1 institutional and 1 angel.
Investors in CRAVOVA
CRAVOVA has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Chandan Ashokkumar and Unglobaltrading.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Scrap metal recycling and export services for industrial clients worldwide. | unglobaltrading.co.uk | United Kingdom | ||
CA Chandan Ashokkumar | unknown_e22bf1ce1afd4cba8 |
Investor details for CRAVOVA
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 Cravova Food & Beverages India Private Limited (CRAVOVA)
Cravova Food & Beverages India Private Limited is the primary company behind CRAVOVA. The board of Cravova Food & Beverages India Private Limited currently have 4 directors; the longest-serving is Farhan Mohamed Farooq Gigani, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Farhan Mohamed Farooq Gigani DIN 08569725 | Director | 23 Sep 2019 | 7 yrs 1 mo | Cravova Food & Beverages India Private Limited |
| Mohamed Thosif Mohamed Farook Gigani DIN 08569726 | Director | 23 Sep 2019 | 7 yrs 1 mo | Cravova Food & Beverages India Private Limited |
| Satish Negi DIN 07933797 | Director | 01 Oct 2021 | 5 yrs | Cravova Food & Beverages India Private Limited |
| Nitin Pramod Khokha DIN 09465155 | Director | 13 Jan 2022 | 4 yrs 9 mo | Cravova Food & Beverages India Private Limited |
People of CRAVOVA
2 people are tracked at CRAVOVA (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for CRAVOVA
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 CRAVOVA
Figures of Cravova Food & Beverages India Private Limited, the primary company behind CRAVOVA, for FY 2024. Revenue was ₹10.25 Cr (-20% year on year). Net loss was -₹41.6 Lakh (-4% margin). EBITDA was -₹36.9 Lakh (-4% margin). Revenue has grown at a compounded annual rate of +87% over three years.
- ₹10.25 CrRevenue · FY 2024 · -20% YoY
- -₹41.6 LakhNet loss · -4% margin
- -₹36.9 LakhEBITDA · -4% margin
- ₹29.6 LakhPaid-up capital
- +87%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Cravova Food & Beverages India Private Limited are on its company page.
Detailed financial statements for CRAVOVA
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 CRAVOVA
4 dated milestones of CRAVOVA across 3 years, from founding to its latest funding, stage changes and deals.
- Founded CRAVOVA is founded.
- Funding First funding round of $68K.
- Funding Latest funding round, Angel Round, of $84K.
- Milestone Reaches Minicorn status.
Competitors of CRAVOVA
CRAVOVA has 3 listed competitors in our database, 3 of them funded. They include O'cean Beverages, Slmg Beverages and Nothing Before Coffee.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oceanbeverages.in | 2015 | Mumbai, India | $9.44M | 96 | Brand of energy drinks and flavored water products | |
| slmgbeverages.com | 2019 | Lucknow, India | $12.64M | 2,380 | Sparkling water, sodas, juices, and other beverages are supplied. | |
| nothingbeforecoffee.com | 2017 | Jaipur, India | $2.61M | 298 | Internet-first coffees are offered in diverse hot and cold flavors. |
Detailed competitors of CRAVOVA
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 CRAVOVA
The website of CRAVOVA (cravova.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▲ 41.3% vs previous month
Websites whose visitors overlap most with CRAVOVA. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bombtini.com | bombtini.com | 100% | – | ||
| 3sistersdrinks.com | 98% | 15K | #1,508,687 | View details |
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as CRAVOVA (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 97.26 M | 2,828 |
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Frequently Asked Questions about CRAVOVA
CRAVOVA was founded in 2019 and raised its 1st funding round 2 years after it was founded.
CRAVOVA is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
CRAVOVA is a funded company, having raised a total of $151.86K across 2 funding rounds to date. The company's 1st funding round was a Seed of $68.15K, raised on Mar 2021.
The primary company behind CRAVOVA, Cravova Food & Beverages India Private Limited, reported revenue of ₹10.25 Cr for FY 2024, down 20% year on year.
CRAVOVA is involved in the production and distribution of ready-to-drink beverages, focusing on mocktails and cold coffee. The company operates within the non-alcoholic beverage sector, providing a variety of flavors such as Classic Mojito, Watermelon Mojito, and Classic Cold Coffee. Products are sold directly to consumers through an online platform, catering to individuals seeking convenient and refreshing drink options. Emphasis is placed on quality ingredients like Arabica coffee to ensure a satisfying experience for customers.
CRAVOVA's top competitors include O'cean Beverages, Slmg Beverages and Nothing Before Coffee.
CRAVOVA offers Classic Mojito, Classic Cold Coffee, and Watermelon Mojito.
CRAVOVA has 2 investors. Key investors include Chandan Ashokkumar, and Unglobaltrading.
The valuation of CRAVOVA is $4.21M as of May 2022.
CRAVOVA operates through Cravova Food & Beverages India Private Limited.
The legal entities of CRAVOVA currently have 4 directors, including Farhan Mohamed Farooq Gigani, Mohamed Thosif Mohamed Farook Gigani, Nitin Pramod Khokha and others.