About Fala
Fala is a company based in Hubli (India) founded in 2020 by Savita Patravali, Prashant Habib, and Padmaraj Pattanashetti.. Fala has raised $59 thousand across 1 funding round from investors including Deshpande Startups, Nagaraj Azhakesan and Sharadha Satrasala. The company has 1 employees as of April 07, 2024. Fala offers products and services including Cloud Farming Platform and Vegetable Delivery Service. Fala operates in a competitive market with competitors including Hypesound, Nimble Growth, Quanto Agroworld, Sugarmade and Viplav Communications, among others.
- Headquarter Hubli, India
- Employees 1 as on 07 Apr, 2024
- Founders Savita Patravali, Prashant Habib, Padmaraj Pattanashetti
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
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- Legal Name Fala Tech Private Limited
- Date of Incorporation 30 Oct, 2020
- Jurisdiction Hubli, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59 K (USD)
in 1 rounds
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Latest Funding Round
$59 K (USD), Seed
Mar 05, 2022
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Investors
Deshpande Startups
& 3 more
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Employee Count
1
as on Apr 07, 2024
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Products & Services of Fala
Fala offers a comprehensive portfolio of products and services, including Cloud Farming Platform and Vegetable Delivery Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables virtual crop selection and sustainable delivery of vegetables.
Provides direct, fresh leafy vegetable delivery to customers.
Funding Insights of Fala
Fala has successfully raised a total of $59K through 1 strategic funding round. The most recent funding activity was a Seed round of $59 thousand completed in March 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 Total Funding
- Total Rounds 1
- Last Round Seed — $58,995
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First Round
First Round
(05 Mar 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Fala | Valuation | Deshpande Startups |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fala
Fala has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Deshpande Startups, Nagaraj Azhakesan and Sharadha Satrasala. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Supporting startups through incubation, funding, and innovation services in India.
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Founded Year | Domain | Location | |
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NA
Nagaraj Azhakesan |
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Founded Year | Domain | Location |
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SS
Sharadha Satrasala |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fala
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fala
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fala Comparisons
Competitors of Fala
Fala 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 Hypesound, Nimble Growth, Quanto Agroworld, Sugarmade and Viplav Communications, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Low-frequency sound waves are provided for biomanufacturing fermentation processes.
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| domain | founded_year | HQ Location |
Organic fruits, vegetables, microgreens, and staples are grown and distributed.
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| domain | founded_year | HQ Location |
Chemical-free farming and natural essential oils manufacturing services are provided.
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| domain | founded_year | HQ Location |
Paper products are manufactured from sugarcane bagasse by-products.
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| domain | founded_year | HQ Location |
Limited information on core activities is available.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Fala
When was Fala founded?
Fala was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Fala located?
Fala is headquartered in Hubli, India. It is registered at Hubli, Karnataka, India.
Who is the current CEO of Fala?
Padmaraj Pattanashetti is the current CEO of Fala. They have also founded this company.
Is Fala a funded company?
Fala is a funded company, having raised a total of $59K across 1 funding round to date. The company's 1st funding round was a Seed of $59K, raised on Mar 05, 2022.
How many employees does Fala have?
As of Apr 07, 2024, the latest employee count at Fala is 1.
What does Fala do?
Fala was founded in 2020 in Hubli, India, as a cloud-based platform in the agritech sector. Solutions for farmers are provided, including crop management, harvest tracking, quality control, and payment processing. An AI-based bot is utilized for crop growth support and data analysis. Operations focus on streamlining agricultural supply chains in the region.
Who are the top competitors of Fala?
Fala's top competitors include Hypesound, Nimble Growth and Sugarmade.
What products or services does Fala offer?
Fala offers Cloud Farming Platform and Vegetable Delivery Service.
Who are Fala's investors?
Fala has 4 investors. Key investors include Deshpande Startups, Nagaraj Azhakesan, Sharadha Satrasala, and Vivek Gorakhnath Pawar.
What is Fala's valuation?
The valuation of Fala is $468.7K as of Mar 2022.