About Foodstrong
Foodstrong is a company based in Mumbai (India) founded in 2020 by Karishma Bhalla.. Foodstrong has raised $4.79 million across 3 funding rounds from investors including Angel List, Peak XV Partners and Stellaris Venture Partners. Foodstrong offers products and services including Whey Protein, Pancake Mix, Fish Oil, Creatine, and Marine Collagen. Foodstrong operates in a competitive market with competitors including Plix, OZiva, Wellbeing Nutrition, Max Protein and Plant Power, among others.
- Headquarter Mumbai, India
- Founders Karishma Bhalla
- Stage Minicorn
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Sectors
HealthcareRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Taramis Labs Private Limited
- Date of Incorporation 20 Mar, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$899.68 K (USD)114.67as on Mar 31, 2023
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Net Profit
$-867.46 K (USD)-31.44as on Mar 31, 2023
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EBITDA
$-873.33 K (USD)-40.05as on Mar 31, 2023
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Total Equity Funding
$4.79 M (USD)
in 3 rounds
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Latest Funding Round
$739.7 K (USD), Series A
Dec 04, 2024
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Investors
Angel List
& 47 more
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Employee Count
Employee Count
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Products & Services of Foodstrong
Foodstrong offers a comprehensive portfolio of products and services, including Whey Protein, Pancake Mix, Fish Oil, Creatine, and Marine Collagen. 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.
Protein powder for muscle recovery and growth support.
Mix for protein-enriched pancakes and meals.
Supplement for essential omega fatty acids.
Powder for energy and workout performance.
Powder for skin health and recovery.
Funding Insights of Foodstrong
Foodstrong has successfully raised a total of $4.79M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $739.7 thousand completed in December 2024. 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 3
- Last Round Series A — $739,700
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First Round
First Round
(31 Mar 2021)
- Investors Count 48
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series A - Foodstrong | Valuation | Duane Park , Indresh Batra | |
| Mar, 2022 | Amount | Series A - Foodstrong | Valuation | Duane Park , anaaholdings | |
| Mar, 2021 | Amount | Seed - Foodstrong | Valuation | Stellaris Venture Partners , Ananyashree Goenka |
| 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 Foodstrong
Foodstrong has secured backing from 48 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Peak XV Partners and Stellaris Venture Partners. 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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Early-stage investment in transformative technology sectors like FinTech, HealthTech, and SaaS.
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Founded Year | Domain | Location | |
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Founded Year | Domain | Location | |
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Early-stage investment in consumer brands, focusing on bold ideas and founders.
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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 Foodstrong
| 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 - Foodstrong
| 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 |
Foodstrong Comparisons
Competitors of Foodstrong
Foodstrong 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 Plix, OZiva, Wellbeing Nutrition, Max Protein and Plant Power, 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 |
Nutritional supplements are offered online by Plix using plant-based ingredients.
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| domain | founded_year | HQ Location |
Nutritional food and health supplements are provided by OZiva.
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| domain | founded_year | HQ Location |
Organic whole-food nutritional supplements are provided for health benefits.
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| domain | founded_year | HQ Location |
Protein-based healthy snacks are offered through online retail.
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| domain | founded_year | HQ Location |
Plant-based protein snacks and supplements are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Foodstrong
When was Foodstrong founded?
Foodstrong was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Foodstrong located?
Foodstrong is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Foodstrong a funded company?
Foodstrong is a funded company, having raised a total of $4.79M across 3 funding rounds to date. The company's 1st funding round was a Seed of $967.68K, raised on Mar 31, 2021.
What is the annual revenue of Foodstrong?
Annual revenue of Foodstrong is $899.68K as on Mar 31, 2023.
What does Foodstrong do?
Foodstrong was established in 2020 in Mumbai, India, as a retailer in the nutrition sector. A range of whey protein blends, isolates, and tasters is offered, alongside plant-based protein options. Protein mixes for pancakes and dosas are provided, supplemented by items such as multivitamins, fish oil, and creatine. Emphasis is placed on third-party testing and sourcing of ingredients.
Who are the top competitors of Foodstrong?
Foodstrong's top competitors include OZiva, Plix and Max Protein.
What products or services does Foodstrong offer?
Foodstrong offers Whey Protein, Pancake Mix, Fish Oil, Creatine, and Marine Collagen.
Who are Foodstrong's investors?
Foodstrong has 48 investors. Key investors include Angel List, Peak XV Partners, Stellaris Venture Partners, Anicut Capital, and Rukam Capital.
What is Foodstrong's valuation?
The valuation of Foodstrong is $6.75M as of Mar 2022.
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