About Deep Rooted
Deep Rooted is a company based in Bengaluru (India) founded in 2018 by Gururaj Seshagiri Rao, Santhosh Narasipura, Avinash Ramamurthy, and Arvind Murali. Deep Rooted has raised $24.52 million across 9 funding rounds from investors including Accel, Timesgroup and IvyCap Ventures. The company has 16 employees as of April 09, 2024. Deep Rooted offers products and services including Fresh Fruits and Vegetables. Deep Rooted operates in a competitive market with competitors including Pluckk, Gourmet Garden, Kisankonnect, Fraazo and VnF, among others.
- Headquarter Bengaluru, India
- Employees 16 as on 09 Apr, 2024
- Founders Gururaj Seshagiri Rao, Santhosh Narasipura, Avinash Ramamurthy, Arvind Murali
- Stage Minicorn
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Sectors
RetailAgriculture
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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 Herbaceous Retail Private Limited
- Date of Incorporation 07 Jul, 2020
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$3.83 M (USD)99.33as on Mar 31, 2023
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Net Profit
-$1.46 M (USD)-94.36as on Mar 31, 2023
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EBITDA
-$1.45 M (USD)-103.31as on Mar 31, 2023
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Total Equity Funding
$24.52 M (USD)
in 9 rounds
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Latest Funding Round
$372.69 K (USD), Series A
May 29, 2024
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Investors
Accel
& 9 more
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Employee Count
16
as on Apr 09, 2024
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Products & Services of Deep Rooted
Deep Rooted offers a comprehensive portfolio of products and services, including Fresh Fruits and Vegetables.
Service for ordering and delivering farm-fresh produce via app.
Funding Insights of Deep Rooted
Deep Rooted has successfully raised a total of $24.52M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $372.69 thousand completed in May 2024. 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 Deep Rooted
Deep Rooted has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Timesgroup and IvyCap Ventures.
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Accel is recognized as a leading venture capital firm.
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Venture capital investments in startups from leading Indian institutions across various sectors.
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Mayfield is focused on AI innovation and venture capital investments.
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Investor details for Deep Rooted
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Investments & Acquisitions by Deep Rooted
Investment portfolio details for Deep Rooted
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Financial Statements - Deep Rooted
Detailed financials for Deep Rooted
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Deep Rooted Comparisons
Peer comparison for Deep Rooted
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Competitors of Deep Rooted
Deep Rooted 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 Pluckk, Gourmet Garden, Kisankonnect, Fraazo and VnF, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fresh produce and prepared meal kits are delivered online.
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Premium organic groceries and fresh produce are retailed online.
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Online platform offering farm to home services for fruits and vegetables
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Farm-fresh produce is delivered to consumers via an online platform.
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Digital supply chain aggregator that connects farmers with retailers
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Detailed competitors of Deep Rooted
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Latest news on Deep Rooted
Complete news archive for Deep Rooted
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Frequently Asked Questions about Deep Rooted
Deep Rooted was founded in 2018.
Deep Rooted is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Deep Rooted is a funded company, having raised a total of $24.52M across 9 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Deep Rooted is 16.
Annual revenue of Deep Rooted is $3.83M as on Mar 31, 2023.
Deep Rooted was established in 2018 in Bengaluru, India, as an online platform focused on farm-sourced produce. A catalog of items such as spinach, amaranthus, mint, coriander, lettuce, gourds, capsicum, cauliflower, broccoli, bananas, oranges, grapes, and papaya is maintained. Operations are supported by a mobile application available on Android and iOS, facilitating access to fresh vegetables and fruits in the agritech sector.
Deep Rooted's top competitors include Pluckk, Gourmet Garden and Kisankonnect.
Deep Rooted offers Fresh Fruits and Vegetables.
Deep Rooted has 10 investors. Key investors include Accel, Timesgroup, IvyCap Ventures, Alteria Capital, and Sagitaur.
The valuation of Deep Rooted is $34.33M as of May 2024.