About FoodyBuddy
FoodyBuddy was a Consumer company based in Bengaluru (India) founded in 2015 by Anup Gopinath, Rachna Rao, and Akil Sethuraman. It operates a mobile app-based marketplace for ordering food from home chefs. It operates on a B2C model. FoodyBuddy has raised $2.96 million across 5 funding rounds from investors including Rebel Foods, Prime Venture Partners and Vinod Shankar. FoodyBuddy was last valued at $4.28 million in December 2020. Its Indian entity Foodybuddy Applications Private Limited reported revenue of ₹1.70 Cr. The company is recorded as dissolved. Its focus areas include Food and Beverage, Food Services, Online Marketplaces and Food Delivery Apps. Its competitors include Foodcloud, Cookr and Homefoodi; 2 of its 3 listed competitors have raised funding.
Company details
FoodyBuddy operates a mobile app-based marketplace for ordering food from home chefs, focusing on food and beverage, food services, online marketplaces, and food delivery apps. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- Founders Anup Gopinath, Rachna Rao, Akil Sethuraman
- Stage Minicorn
- SectorsConsumer
- Website foodybuddy.in
- Social X Facebook
- Legal Name Foodybuddy Applications Private Limited
- Date of Incorporation 08 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.70 Cr
FY 2023 · +1641% YoY
- Net Profit₹1.56 Cr
FY 2023 · 92% margin
- EBITDA₹1.56 Cr
FY 2023 · 92% margin
- Total Equity Funding$2.96M (USD)
in 5 rounds
- Latest Funding Round$679.54K (USD), Seed
Dec 2020
- InvestorsRebel Foods
& 5 more
Associated legal entities of FoodyBuddy
FoodyBuddy operates through Foodybuddy Applications Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Foodybuddy Applications Private Limited CIN U72200KA2015PTC080781 | Active | 08 Jun 2015 | Bangalore, Karnataka | ₹1.7 Cr | 3 | View details |
Funding Insights of FoodyBuddy
FoodyBuddy has successfully raised a total of $2.96M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $679.54 thousand completed in December 2020. 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 $2.96M
- Total Rounds 5
- Last Round Seed — $679,536
- First Round $39,065
(Apr 2016)
- Investors Count 6
All 5 funding rounds of FoodyBuddy 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 |
|---|---|---|---|---|---|
| Dec 2020 | $679,536 | Seed | $4.28M | Rebel Foods | – |
| Dec 2019 | $421,336 | Seed | $3.51M | Rebel Foods | – |
| Dec 2018 | $830,634 | Seed | – | Prime Venture Partners | – |
| May 2017 | $989,159 | Seed | $••••• | Prime Venture Partners | – |
| Apr 2016 | $39,065 | Angel Round | $••••• | Vinod Shankar, Vinod Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2020 | $4.28M | •••••••• |
| Dec 2019 | $3.51M | •••••••• |
| May 2017 | $••••• | •••••••• |
Full valuation and stage history of FoodyBuddy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $4.28M (Dec 2020). 6 investors in total: 2 institutional and 4 angel.
Investors in FoodyBuddy
FoodyBuddy has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Rebel Foods, Prime Venture Partners and Vinod Shankar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on tech startups | primevp.in | Bengaluru, India | ||
Multi-category food products are offered via an internet restaurant platform. | 2010 | rebelfoods.com | Mumbai, India | |
VS Vinod Shankar | Angel investor and startup mentor, focused on early-stage Indian ventures. | unknown_961ad99570814efd9 | ||
UB Usha Badrinath | unknown_8ddac1d9190848f0a | |||
AR Anshumani Ruddra | Angel investor, ex-Google, product leader, focused on tech startups | unknown_1e56154177ae4675b | ||
VK Vinod Kumar | Angel investor and entrepreneur, focused on tech startups in India. | unknown_9c60f298f55046dc9 |
Investor details for FoodyBuddy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Foodybuddy Applications Private Limited (FoodyBuddy)
Foodybuddy Applications Private Limited is the primary company behind FoodyBuddy. The board of Foodybuddy Applications Private Limited currently have 3 directors; the longest-serving is Rachna Rao, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rachna Rao DIN 07154381 | Director | 08 Jun 2015 | 11 yrs 4 mo | Foodybuddy Applications Private Limited |
| Anup Gopinath DIN 07152860 | Director | 08 Jun 2015 | 11 yrs 4 mo | Foodybuddy Applications Private Limited |
| Akil Sethuraman DIN 07152854 | Director | 08 Jun 2015 | 11 yrs 4 mo | Foodybuddy Applications Private Limited |
People of FoodyBuddy
3 people are tracked at FoodyBuddy (3 in leadership).
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder | Leadership | |
| ex-Co-Founder | Leadership | |
| ex-Co-Founder | Leadership |
Complete people profiles for FoodyBuddy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of FoodyBuddy
Figures of Foodybuddy Applications Private Limited, the primary company behind FoodyBuddy, for FY 2023. Revenue was ₹1.70 Cr (+1641% year on year). Net profit was ₹1.56 Cr (92% margin). EBITDA was ₹1.56 Cr (92% margin). Revenue has grown at a compounded annual rate of +109% over three years and +106% over five years.
- ₹1.70 CrRevenue · FY 2023 · +1641% YoY
- ₹1.56 CrNet profit · 92% margin
- ₹1.56 CrEBITDA · 92% margin
- ₹7.9 LakhPaid-up capital
- +109%Revenue CAGR, 3 years
- +106%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Foodybuddy Applications Private Limited are on its company page.
Detailed financial statements for FoodyBuddy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of FoodyBuddy
4 dated milestones of FoodyBuddy across 5 years, from founding to its latest funding, stage changes and deals.
- Founded FoodyBuddy is founded.
- Funding First funding round of $39K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $680K.
Competitors of FoodyBuddy
FoodyBuddy has 3 listed competitors in our database, 2 of them funded. They include Foodcloud, Cookr and Homefoodi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| foodcloud.in | 2013 | Delhi, India | $1.14M | Customers are connected to home-cooked meals via an online marketplace. | ||
| cookr.in | 2022 | Chennai, India | $2.65M | 18 | Home-cooked meals are delivered via an app-based subscription platform. | |
| homefoodi.com | 2019 | Noida, India | Provides convenient delivery of fresh, home-cooked Indian meals across multiple cities. |
Detailed competitors of FoodyBuddy
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Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as FoodyBuddy (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 6,903 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Related news about Foodybuddy
Complete news archive for FoodyBuddy
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Frequently Asked Questions about FoodyBuddy
FoodyBuddy was founded in 2015 and raised its 1st funding round 1 year after it was founded.
FoodyBuddy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
FoodyBuddy is a funded company, having raised a total of $2.96M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $39.07K, raised on Apr 2016.
The primary company behind FoodyBuddy, Foodybuddy Applications Private Limited, reported revenue of ₹1.70 Cr for FY 2023, up 1641% year on year.
FoodyBuddy operates a mobile app-based marketplace for ordering food from home chefs, focusing on food and beverage, food services, online marketplaces, and food delivery apps. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
FoodyBuddy has 6 investors. Key investors include Rebel Foods, Prime Venture Partners, Vinod Shankar, Usha Badrinath, and Anshumani Ruddra.
The valuation of FoodyBuddy is $4.28M as of Dec 2020.
FoodyBuddy operates through Foodybuddy Applications Private Limited.
The legal entities of FoodyBuddy currently have 3 directors, including Rachna Rao, Anup Gopinath, Akil Sethuraman.