About Foodtech Ventures
Foodtech Ventures is a company based in Gurugram (India) founded in 2020 by Ashutosh Mahendru. Foodtech Ventures has raised $2.65 million across 5 funding rounds from investors including Ashish Saxena, Ajay Kaul and Nikhil Chawla. Foodtech Ventures operates in a competitive market with competitors including Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
- Headquarter Gurugram, India
- Founders Ashutosh Mahendru
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
$59.58 K (USD)-53as on Mar 31, 2024
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.65 M (USD)
in 5 rounds
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Latest Funding Round
$376.84 K (USD), Seed
May 09, 2022
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Investors
Four Provinces Investments
& 31 more
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Employee Count
Not available
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Funding Insights of Foodtech Ventures
Foodtech Ventures has successfully raised a total of $2.65M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $376.84 thousand completed in May 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.
Investors in Foodtech Ventures
Foodtech Ventures has secured backing from 32 investors, including angel and institutional investors. Prominent investors backing the company include Ashish Saxena, Ajay Kaul and Nikhil Chawla.
| Investor | Description | Founded Year | Domain | Location |
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Intelligent machines are developed for cleaner, sustainable solutions.
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Ashish Saxena |
Angel investor and tech leader, ex-CTO of Razorpay, active in startups
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Locked | Locked | Locked |
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AK
Ajay Kaul |
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Locked | Locked | Locked |
Investor details for Foodtech Ventures
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Investments & Acquisitions by Foodtech Ventures
Investment portfolio details for Foodtech Ventures
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Financial Statements - Foodtech Ventures
Detailed financials for Foodtech Ventures
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Foodtech Ventures Comparisons
Peer comparison for Foodtech Ventures
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Competitors of Foodtech Ventures
Foodtech Ventures 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 Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
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Restaurant operations are managed via a cloud-based platform.
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Olo is recognized as a restaurant technology platform provider.
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Zenput is utilized as an operations execution platform for multi-unit operators.
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Delivery channels management software is provided for restaurants.
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SaaS solutions for restaurant online ordering and analytics are offered.
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Provider of cloud-based POS software solutions for businesses and service providers
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Detailed competitors of Foodtech Ventures
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Latest news on Foodtech Ventures
Complete news archive for Foodtech Ventures
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Frequently Asked Questions about Foodtech Ventures
Foodtech Ventures was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Foodtech Ventures is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Ashutosh Mahendru is the current CEO of Foodtech Ventures. They have also founded this company.
Foodtech Ventures is a funded company, having raised a total of $2.65M across 5 funding rounds to date.
Annual revenue of Foodtech Ventures is $59.58K as on Mar 31, 2024.
Foodtech Ventures was founded in 2020 in Gurugram, India, within the foodtech sector. A platform is offered for food businesses to deliver fresh meals through patent-pending systems that enable cooking during transit. Operations include an automatic robotic cooking vehicle equipped with thermal imaging for oven-based preparation and dispensing of over 30 products to customers.
Foodtech Ventures's top competitors include Toast, UrbanPiper and SpotOn.
Foodtech Ventures has 32 investors. Key investors include Ashish Saxena, Ajay Kaul, Nikhil Chawla, Arush Kishore, and Gaurav Gogia.
The valuation of Foodtech Ventures is $9.69M as of May 2022.