About Faroma
Faroma was a Consumer company based in Mumbai (India) founded in 2014 by Rishikesh Shintre, Devendra Kamtekar, and Jangoo Dalal. It provides an online platform for food ordering and delivery services. It operates on a B2C model. Its Indian entity Faroma Foodtech Private Limited reported revenue of ₹40 Lakh. The company is recorded as dissolved. Its focus areas include Food and Beverage, Food Services, Online Ordering and Delivery. Similar companies include Zomato, Swiggy and EatSure; 3 of its 3 listed similar companies have raised funding.
Company details
Faroma, founded in 2014 in Mumbai, India, focuses on food and beverage, food services, online ordering, and delivery. Provides an online platform for food ordering and delivery services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Founders Rishikesh Shintre, Devendra Kamtekar, Jangoo Dalal
- SectorsConsumer
- Website faroma.in
- Social X Facebook
- Legal Name Faroma Foodtech Private Limited
- Date of Incorporation 20 Feb, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹40 Lakh
FY 2022
- Net Profit₹39.8 Lakh
FY 2022 · 100% margin
- EBITDA₹39.8 Lakh
FY 2022 · 100% margin
Associated legal entities of Faroma
Faroma operates through Faroma Foodtech Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Faroma Foodtech Private Limited CIN U74999MH2018PTC305287 | Strike Off | 20 Feb 2018 | Mumbai, Maharashtra | ₹0.4 Cr | 3 | View details |
Board of directors of Faroma Foodtech Private Limited (Faroma)
Faroma Foodtech Private Limited is the primary company behind Faroma. The board of Faroma Foodtech Private Limited currently have 3 directors; the longest-serving is Jangoo Minoo Dalal, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jangoo Minoo Dalal DIN 01683803 | Director | 20 Feb 2018 | 8 yrs 8 mo | Faroma Foodtech Private Limited |
| Devendra Mahadeo Kamtekar DIN 07945886 | Director | 20 Feb 2018 | 8 yrs 8 mo | Faroma Foodtech Private Limited |
| Rishikesh Shrikant Shintre DIN 01220901 | Director | 20 Feb 2018 | 8 yrs 8 mo | Faroma Foodtech Private Limited |
People of Faroma
3 people are tracked at Faroma (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership | |
| Co-Founder, Director | Leadership | |
| Co-Founder, Director | Leadership |
Complete people profiles for Faroma
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Faroma
Figures of Faroma Foodtech Private Limited, the primary company behind Faroma, for FY 2022. Revenue was ₹40 Lakh. Net profit was ₹39.8 Lakh (100% margin). EBITDA was ₹39.8 Lakh (100% margin). Revenue has grown at a compounded annual rate of +95% over three years.
- ₹40 LakhRevenue · FY 2022
- ₹39.8 LakhNet profit · 100% margin
- ₹39.8 LakhEBITDA · 100% margin
- ₹10,000Paid-up capital
- +95%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Faroma Foodtech Private Limited are on its company page.
Detailed financial statements for Faroma
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
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Similar companies to Faroma
Faroma has 3 listed similar companies in our database, 3 of them funded. They include Zomato, Swiggy and EatSure.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zomato.com | 2008 | Gurugram, India | $1.69B | 7,335 | Online platform food ordering and delivery service | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| eatsure.com | 2011 | Pune, India | $214.5M | 6,171 | Online food delivery service platform |
Detailed similar companies of Faroma
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Services for Restaurants
3 companies that operate in the same segment as Faroma (Services for Restaurants) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers handmade European comfort food using organic ingredients in multiple cafés. | 2021 | Delhi, Delhi, India | USD 96.48 M | 4,278 | ||
Offers Indian sweets, snacks, ready-to-eat foods, and restaurant experiences globally. | 1990 | Delhi, Delhi, India | ||||
Cafe services, online food ordering, and delivery operations. | 2017 | Bengaluru, Karnataka, India | USD 2.46 B | 3,383 |
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Frequently Asked Questions about Faroma
Faroma was founded in 2014.
Faroma is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Faroma, Faroma Foodtech Private Limited, reported revenue of ₹40 Lakh for FY 2022.
Faroma, founded in 2014 in Mumbai, India, focuses on food and beverage, food services, online ordering, and delivery. Provides an online platform for food ordering and delivery services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Faroma operates through Faroma Foodtech Private Limited.
The legal entities of Faroma currently have 3 directors, including Jangoo Minoo Dalal, Devendra Mahadeo Kamtekar, Rishikesh Shrikant Shintre.