About Floryo
Floryo is a company based in Bengaluru (India) founded in 2021 by Manohar Kumar.. Floryo has raised $4.72 million across 5 funding rounds from investors including 3one4 Capital, Alteria Capital and Z Nation Lab. The company has 30 employees as of October 07, 2024. Floryo offers products and services including Whole Wheat Atta, Jowar Atta, Diabetic Care Atta, Almond Flour, and Coconut Flour. Floryo operates in a competitive market with competitors including Him Shakti, TWF Flours, Harmony Foods, Better Alt and Chakkizza, among others.
- Headquarter Bengaluru, India
- Employees 30 as on 07 Oct, 2024
- Founders Manohar Kumar
- Stage Minicorn
-
Sectors
ConsumerRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Pitchfork Foods Private Limited
- Date of Incorporation 17 May, 2021
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$116.34 K (USD)0as on Mar 31, 2023
-
Net Profit
$-618.37 K (USD)-1051.92as on Mar 31, 2023
-
EBITDA
$-577.55 K (USD)-1039.64as on Mar 31, 2023
-
Total Equity Funding
$4.72 M (USD)
in 5 rounds
-
Latest Funding Round
$391.19 K (USD), Seed
Feb 14, 2025
-
Investors
3one4 Capital
& 44 more
-
Employee Count
30
as on Oct 07, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Floryo
Floryo offers a comprehensive portfolio of products and services, including Whole Wheat Atta, Jowar Atta, Diabetic Care Atta, Almond Flour, and Coconut Flour. 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.
Freshly milled wheat flour for nutritious daily baking and cooking.
Gluten-free grain flour for healthy, versatile meal preparation.
Low-GI flour blend supporting diabetes management in everyday diets.
Gluten-free flour from almonds for baking and health-focused recipes.
Finely ground coconut flour for gluten-free and nutrient-rich baking.
Funding Insights of Floryo
Floryo has successfully raised a total of $4.72M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $391.19 thousand completed in February 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $391,192
-
First Round
First Round
(31 Mar 2022)
- Investors Count 45
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Seed - Floryo | Valuation |
investors |
|
| Jan, 2024 | Amount | Seed - Floryo | Valuation | Asan Ventures | |
| Aug, 2022 | Amount | Seed - Floryo | Valuation | 3one4 Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Floryo
Floryo has secured backing from 45 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include 3one4 Capital, Alteria Capital and Z Nation Lab. 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 |
|---|---|---|---|---|
|
Venture capital is invested in infrastructure-tech startups by Asan Ventures.
|
Founded Year | Domain | Location | |
|
Venture capital fund investing in early-stage tech startups
|
Founded Year | Domain | Location | |
|
Marketing consulting and investments are provided for consumer startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Floryo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Floryo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Floryo Comparisons
Competitors of Floryo
Floryo 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 Him Shakti, TWF Flours, Harmony Foods, Better Alt and Chakkizza, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet first brand of rice, millets, salt, and spices
|
|
| domain | founded_year | HQ Location |
Various flours are offered online by TWF Flours brand.
|
|
| domain | founded_year | HQ Location |
Flours are branded and distributed by Harmony Foods in India.
|
|
| domain | founded_year | HQ Location |
Internet first brand of mushroom coffee, millet & beet root powder
|
|
| domain | founded_year | HQ Location |
Atta delivery services are offered via an online platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Floryo
When was Floryo founded?
Floryo was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Floryo located?
Floryo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Floryo?
Manohar Kumar is the current CEO of Floryo. They have also founded this company.
Is Floryo a funded company?
Floryo is a funded company, having raised a total of $4.72M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Mar 31, 2022.
How many employees does Floryo have?
As of Oct 07, 2024, the latest employee count at Floryo is 30.
What is the annual revenue of Floryo?
Annual revenue of Floryo is $116.34K as on Mar 31, 2023.
What does Floryo do?
Floryo was established in 2021 in Bengaluru, India, as an internet-first provider in the food sector focused on milled grains. A variety of flours is offered, including whole wheat, gluten-free options, whole bajra, whole jowar, natural almond, khapli wheat, rice, and keto-friendly atta and multigrain products. Operations center on direct-to-consumer sales through the companys domain, floryo.com, with leadership provided by founder and CEO Manohar Kumar.
Who are the top competitors of Floryo?
Floryo's top competitors include TWF Flours, Better Alt and Harmony Foods.
What products or services does Floryo offer?
Floryo offers Whole Wheat Atta, Jowar Atta, Diabetic Care Atta, Almond Flour, and Coconut Flour.
Who are Floryo's investors?
Floryo has 45 investors. Key investors include 3one4 Capital, Alteria Capital, Z Nation Lab, Transaction Square, and Asan Ventures.
What is Floryo's valuation?
The valuation of Floryo is $6.06M as of Feb 2025.