About FoodyBuddy
FoodyBuddy is a company based in Bengaluru (India) founded in 2015 by Anup Gopinath, Rachna Rao, and Akil Sethuraman. It operates as a B2C. FoodyBuddy has raised $2.96 million across 5 funding rounds from investors including Rebel Foods, Prime Venture Partners and Vinod Shankar. FoodyBuddy operates in a competitive market with competitors including Foodcloud, Cookr, Homefoodi, Mealawe and Dubbz, among others.
- Headquarter Bengaluru, India
- Founders Anup Gopinath, Rachna Rao, Akil Sethuraman
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Foodybuddy Applications Private Limited
- Date of Incorporation 08 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$11.79 K (USD)-17.42as on Mar 31, 2022
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Net Profit
$-556.62 K (USD)-43.29as on Mar 31, 2022
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EBITDA
$-566 K (USD)-44.64as on Mar 31, 2022
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Total Equity Funding
$2.96 M (USD)
in 5 rounds
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Latest Funding Round
$679.54 K (USD), Seed
Dec 17, 2020
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Investors
Rebel Foods
& 5 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 5
- Last Round Seed — $679,536
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First Round
First Round
(12 Apr 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - FoodyBuddy | Valuation | Rebel Foods |
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| Dec, 2019 | Amount | Seed - FoodyBuddy | Valuation | Rebel Foods |
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| Dec, 2018 | Amount | Seed - FoodyBuddy | Valuation | Prime Venture Partners |
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| 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 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. 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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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Multi-category food products are offered via an internet restaurant platform.
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Founded Year | Domain | Location | |
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VS
Vinod Shankar |
Angel investor and startup mentor, focused on early-stage Indian ventures.
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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 FoodyBuddy
| 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 - FoodyBuddy
| 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 |
Foodybuddy Comparisons
Competitors of FoodyBuddy
FoodyBuddy 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 Foodcloud, Cookr, Homefoodi, Mealawe and Dubbz, 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 |
Customers are connected to home-cooked meals via an online marketplace.
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| domain | founded_year | HQ Location |
Home-cooked meals are delivered via an app-based subscription platform.
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| domain | founded_year | HQ Location |
Provides convenient delivery of fresh, home-cooked Indian meals across multiple cities.
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| domain | founded_year | HQ Location |
Home-cooked meals are discovered and ordered through an online platform.
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| domain | founded_year | HQ Location |
Online marketplace for ordering home-cooked meals from home chefs
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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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Latest news on Foodybuddy
Frequently Asked Questions about FoodyBuddy
When was FoodyBuddy founded?
FoodyBuddy was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is FoodyBuddy located?
FoodyBuddy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is FoodyBuddy a funded company?
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 Seed of $830.63K, raised on Apr 12, 2016.
What is the annual revenue of FoodyBuddy?
Annual revenue of FoodyBuddy is $11.79K as on Mar 31, 2022.
What does FoodyBuddy do?
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.
Who are the top competitors of FoodyBuddy?
Who are FoodyBuddy's investors?
FoodyBuddy has 6 investors. Key investors include Rebel Foods, Prime Venture Partners, Vinod Shankar, Usha Badrinath, and Anshumani Ruddra.
What is FoodyBuddy's valuation?
The valuation of FoodyBuddy is $4.28M as of Dec 2020.