Evolved Foods

Bengaluru, India Founded: 2020 • Age: 6 yrs
Platform offering plant-based meat and protein alternative
Annual revenue $25,141 Latest available
Total funding $1.9M 13 rounds
Employees - Tracked headcount
Investors 50 Known backers
Products 2 Services tracked
Competitors 7 Brand Intelligence

About Evolved Foods

Evolved Foods is a company based in Bengaluru (India) founded in 2020 by Pradeep Rao and Roma Roy Choudhury. Evolved Foods has raised $1.94 million across 13 funding rounds from investors including Aditi Investments, Rainmatter and Zerodha. Evolved Foods offers products and services including Evolved Plant Protein and Evolved Recipes. Evolved Foods operates in a competitive market with competitors including Good Dot, BlueTribe, Shaka Harry, Mister Veg and Greenest Foods, among others.

  • Headquarter Bengaluru, India
  • Founders Pradeep Rao, Roma Roy Choudhury
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Bizchef Ventures Private Limited
  • Date of Incorporation 22 Nov, 2017
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $25.14 K (USD)
    953.9
    as on Mar 31, 2023
  • Net Profit
    -$199.57 K (USD)
    -40.24
    as on Mar 31, 2023
  • EBITDA
    -$188.89 K (USD)
    -38.6
    as on Mar 31, 2023
  • Total Equity Funding
    $1.94 M (USD)

    in 13 rounds

  • Latest Funding Round
    $113.64 K (USD), Angel Round

    Aug 20, 2025

  • Investors
  • Employee Count
    Not available
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Products & Services of Evolved Foods

Evolved Foods offers a comprehensive portfolio of products and services, including Evolved Plant Protein and Evolved Recipes.

Product name locked
Category locked
Primary

Protein made from soy, rice, and coconut for nutritious meal enhancement.

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Guides for incorporating plant-based protein into various dishes.

Funding Insights of Evolved Foods

Evolved Foods has successfully raised a total of $1.94M across 13 strategic funding rounds. The most recent funding activity was a Angel Round of $113.64 thousand completed in August 2025. 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 Evolved Foods

Evolved Foods has secured backing from 50 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Aditi Investments, Rainmatter and Zerodha.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Indian fund focused on fintech, health, and climate initiatives.
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Early-stage investments are targeted by Vigeo Ventures venture capital firm.
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Equity investments, broking services, and trading platforms are offered.
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Investor details for Evolved Foods

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Investments & Acquisitions by Evolved Foods

Investments
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Investment portfolio details for Evolved Foods

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Financial Statements - Evolved Foods

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Detailed financials for Evolved Foods

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Evolved Foods Comparisons

Evolved Foods Primary company
Description
Platform offering plant-based meat and protein alternative
Location
Bengaluru, India
Founded Year
2020
Annual Revenue
$25.14 K (USD)
Net Profit
-$199.57 K (USD)
EBITDA
-$188.89 K (USD)
Employees
Not available
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Peer comparison for Evolved Foods

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Competitors of Evolved Foods

Evolved Foods 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 Good Dot, BlueTribe, Shaka Harry, Mister Veg and Greenest Foods, among others.

Company Name Domain Founded year HQ Location Description
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Plant-based meat products are produced and marketed by Good Dot.
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Plant-based chicken nuggets and alternatives are offered by the platform.
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Plant-based meat substitute products, including nuggets and kebabs, are developed.
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Plant-based meat alternatives are produced from grains.
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Plant-based meat alternatives are developed using innovative research.
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Detailed competitors of Evolved Foods

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Latest news on Evolved Foods

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Frequently Asked Questions about Evolved Foods

Evolved Foods was founded in 2020.

Evolved Foods is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Pradeep Rao is the current CEO of Evolved Foods. They have also founded this company.

Evolved Foods is a funded company, having raised a total of $1.94M across 13 funding rounds to date.

Annual revenue of Evolved Foods is $25.14K as on Mar 31, 2023.

Evolved Foods was founded in 2020 in Bengaluru, India, within the alternative protein sector. A platform is maintained to deliver plant-based substitutes for meat and traditional proteins. Products are formulated from soy protein, rice protein, and coconut fat to achieve meaty and chewy textures. Operations emphasize sustainable food innovation, with distribution focused on the Indian market.

Evolved Foods's top competitors include Good Dot, BlueTribe and Shaka Harry.

Evolved Foods offers Evolved Plant Protein and Evolved Recipes.

Evolved Foods has 50 investors. Key investors include Aditi Investments, Rainmatter, Zerodha, Anvitha Prashanth, and Aprameya Radhakrishna.

The valuation of Evolved Foods is $5.1M as of Mar 2024.

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