About Flat Tummies
Flat Tummies was a Retail company based in Mumbai (India) founded in 2015 by Yashanth Ponnanna and Monica Muthappa. It operates an e-commerce store focused on a variety of healthy snack options. It operates on a B2C model. Flat Tummies has raised $436.12 thousand across 2 funding rounds from investors including Telama Investments, Mahadevan Narayanamoni and Vikas Gupta. The company has 5 employees. Flat Tummies was last valued at $1.25 million in February 2021. The company is recorded as dissolved. Its focus areas include E-commerce, Food and Beverages and Snacks. Its legal entity in India is Moya Labs Private Limited (U15400KA2018PTC110015). Its competitors include Yoga Bar, True Elements and Nourish You; 3 of its 3 listed competitors have raised funding.
Company details
Flat Tummies, backed by 436124.0 from Telama Investments, Mahadevan Narayanamoni, Vikas Gupta, Hassan Ramakrishna Vivekananda, Karthik Bhat, Telama Investment, Nikhil Dileep Bhandarkar, focuses on engaging in retail operations, operating online marketplaces, producing food and beverage products, and snacks. Operates an e-commerce store focused on a variety of healthy snack options. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Mumbai, India
- Employees 5
- Founders Yashanth Ponnanna, Monica Muthappa
- Stage Minicorn
- SectorsRetail
- Website flattummies.in
- Social X Facebook
- Legal Name Moya Labs Private Limited
- Date of Incorporation 07 Feb, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3,841
FY 2023 · -99% YoY
- Net Loss-₹3.1 Lakh
FY 2023 · -8017% margin
- EBITDA-₹3.1 Lakh
FY 2023 · -8017% margin
- Total Equity Funding$436.12K (USD)
in 2 rounds
- Latest Funding Round$228.5K (USD), Seed
Feb 2021
- Employee Count5
Associated legal entities of Flat Tummies
Flat Tummies operates through Moya Labs Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Moya Labs Private Limited CIN U15400KA2018PTC110015 | Strike Off | 07 Feb 2018 | Bangalore, Karnataka | ₹0.0 Cr | 5 | 2 | View details |
Funding Insights of Flat Tummies
Flat Tummies has successfully raised a total of $436.12K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $228.5 thousand completed in February 2021. 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 $436,124
- Total Rounds 2
- Last Round Seed — $228,504
- First Round $207,620
(Sep 2018)
- Investors Count 7
All 2 funding rounds of Flat Tummies 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 |
|---|---|---|---|---|---|
| Feb 2021 | $228,504 | Seed | $1.25M | Telama Investments | – |
| Sep 2018 | $207,620 | Seed | $1.02M | Telama Investments, Telama Investment |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2021 | $1.25M | •••••••• |
| Sep 2018 | $1.02M | •••••••• |
Last known valuation $1.25M (Feb 2021). 7 investors in total: 2 institutional and 5 angel.
Investors in Flat Tummies
Flat Tummies has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Telama Investments, Mahadevan Narayanamoni and Vikas Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | telamainvestments.tcc.mode | Bengaluru, India | ||
Investments are made by Telama Investment across multiple sectors. | telamainvestment.tcc.mode | Bengaluru, India | ||
MN Mahadevan Narayanamoni | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_1eabec3c6674492c9 | ||
VG Vikas Gupta | unknown_a00a850465f9449d9 | |||
HR Hassan Ramakrishna Vivekananda | unknown_d0ccd6a6409b41d8a | |||
KB Karthik Bhat | unknown_83769108ffc249848 | |||
ND Nikhil Dileep Bhandarkar | unknown_1f46b6c37ba045dd9 |
Investor details for Flat Tummies
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 Moya Labs Private Limited (Flat Tummies)
Moya Labs Private Limited is the primary company behind Flat Tummies. The board of Moya Labs Private Limited currently have 2 directors; the longest-serving is Yashanth Joyappa Ponnanna Apadanda, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yashanth Joyappa Ponnanna Apadanda DIN 07858328 | Director | 07 Feb 2018 | 8 yrs 8 mo | Moya Labs Private Limited |
| Monica Muthappa Thithira DIN 07872846 | Director | 07 Feb 2018 | 8 yrs 8 mo | Moya Labs Private Limited |
People of Flat Tummies
2 people are tracked at Flat Tummies (2 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Flat Tummies
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 Flat Tummies
Figures of Moya Labs Private Limited, the primary company behind Flat Tummies, for FY 2023. Revenue was ₹3,841 (-99% year on year). Net loss was -₹3.1 Lakh (-8017% margin). EBITDA was -₹3.1 Lakh (-8017% margin). Revenue has grown at a compounded annual rate of -93% over three years.
- ₹3,841Revenue · FY 2023 · -99% YoY
- -₹3.1 LakhNet loss · -8017% margin
- -₹3.1 LakhEBITDA · -8017% margin
- ₹1.5 LakhPaid-up capital
- 5Employees (provident fund records)
- -93%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Moya Labs Private Limited are on its company page.
Detailed financial statements for Flat Tummies
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 Flat Tummies
4 dated milestones of Flat Tummies across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Flat Tummies is founded.
- Funding First funding round of $208K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $229K.
Competitors of Flat Tummies
Flat Tummies has 3 listed competitors in our database, 3 of them funded. They include Yoga Bar, True Elements and Nourish You.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yogabars.in | 2014 | Bengaluru, India | $23.62M | 257 | Protein-based food products are offered via an online platform. | |
| true-elements.com | 2013 | Pune, India | $3.38M | 580 | Health snacks and supplements are manufactured and marketed. | |
| nourishyou.in | 2014 | Hyderabad, India | $5.69M | 1 | Plant-based food products are offered online by Nourish You. |
Detailed competitors of Flat Tummies
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.
Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Flat Tummies (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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Frequently Asked Questions about Flat Tummies
Flat Tummies was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Flat Tummies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Flat Tummies is a funded company, having raised a total of $436.12K across 2 funding rounds to date. The company's 1st funding round was a Seed of $207.62K, raised on Sep 2018.
Flat Tummies has 5 employees.
The primary company behind Flat Tummies, Moya Labs Private Limited, reported revenue of ₹3,841 for FY 2023, down 99% year on year.
Flat Tummies, backed by 436124.0 from Telama Investments, Mahadevan Narayanamoni, Vikas Gupta, Hassan Ramakrishna Vivekananda, Karthik Bhat, Telama Investment, Nikhil Dileep Bhandarkar, focuses on engaging in retail operations, operating online marketplaces, producing food and beverage products, and snacks. Operates an e-commerce store focused on a variety of healthy snack options. Driving innovation, growth, and excellence in its industry sectors.
Flat Tummies's top competitors include Yoga Bar, True Elements and Nourish You.
Flat Tummies has 7 investors. Key investors include Telama Investments, Mahadevan Narayanamoni, Vikas Gupta, Hassan Ramakrishna Vivekananda, and Karthik Bhat.
The valuation of Flat Tummies is $1.25M as of Feb 2021.
Flat Tummies operates through Moya Labs Private Limited.
The legal entities of Flat Tummies currently have 2 directors, including Yashanth Joyappa Ponnanna Apadanda, Monica Muthappa Thithira.