Fraazo

Mumbai, India Founded: 2016 • Age: 10 yrs
Farm-fresh produce is delivered to consumers via an online platform.
Annual revenue $11.7M Latest available
Total funding $68.2M 5 rounds
Employees 8 Tracked headcount
Investors 14 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Fraazo

Fraazo is a company based in Mumbai (India) founded in 2016 by Atul Kumar. Fraazo has raised $68.23 million across 5 funding rounds from investors including APAR, WestBridge Capital and Gujarat Venture Finance. The company has 8 employees as of April 04, 2024. Fraazo operates in a competitive market with competitors including Pluckk, Deep Rooted, Gourmet Garden, Kisankonnect and VnF, among others.

  • Headquarter Mumbai, India
  • Employees 8 as on 04 Apr, 2024
  • Founders Atul Kumar
  • Sectors
    Retail
    Agriculture
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Vnf Ideas Private Limited
  • Date of Incorporation 28 Mar, 2018
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $11.67 M (USD)
    -12.29
    as on Mar 31, 2023
  • Net Profit
    -$16.24 M (USD)
    34.93
    as on Mar 31, 2023
  • EBITDA
    -$17.29 M (USD)
    30.69
    as on Mar 31, 2023
  • Total Equity Funding
    $68.23 M (USD)

    in 5 rounds

  • Latest Funding Round
    $50 M (USD), Series B

    Oct 13, 2021

  • Investors
    APAR

    & 13 more

  • Employee Count
    8

    as on Apr 04, 2024

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People of Fraazo

Headcount 10-50
Employee Profiles 19
Employee Profiles
People
Chandrakant Dhumal
Operations Manager
People
Mohamed KHALED
Vice President | Founding Member
People
Sumit Rai
Chief Technology Officer
People
Sushil Pal
Regional Head - Logistics (West India)

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Funding Insights of Fraazo

Fraazo has successfully raised a total of $68.23M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in October 2021. 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 Fraazo

Fraazo has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include APAR, WestBridge Capital and Gujarat Venture Finance.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
Locked Locked Locked
Venture capital investments in early-stage Indian startups focusing on technology and innovation.
Locked Locked Locked
Venture capital fund investing in consumer-focused startups in India.
Locked Locked Locked
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Investor details for Fraazo

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  • Investor domains
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Fraazo

Investments
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Investment portfolio details for Fraazo

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Financial Statements - Fraazo

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Detailed financials for Fraazo

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Fraazo Comparisons

Fraazo Primary company
Description
Farm-fresh produce is delivered to consumers via an online p...
Location
Mumbai, India
Founded Year
2016
Annual Revenue
$11.67 M (USD)
Net Profit
-$16.24 M (USD)
EBITDA
-$17.29 M (USD)
Employees
8
As of 2024
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Peer comparison for Fraazo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Fraazo

Fraazo 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 Pluckk, Deep Rooted, Gourmet Garden, Kisankonnect and VnF, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Fresh produce and prepared meal kits are delivered online.
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Farm-based fruits and vegetables are delivered via an online platform.
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Premium organic groceries and fresh produce are retailed online.
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Online platform offering farm to home services for fruits and vegetables
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Digital supply chain aggregator that connects farmers with retailers
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Detailed competitors of Fraazo

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Latest news on Fraazo

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Complete news archive for Fraazo

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Frequently Asked Questions about Fraazo

Fraazo was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Fraazo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Atul Kumar is the current CEO of Fraazo. They have also founded this company.

Fraazo is a funded company, having raised a total of $68.23M across 5 funding rounds to date.

As of Apr 04, 2024, the latest employee count at Fraazo is 8.

Annual revenue of Fraazo is $11.67M as on Mar 31, 2023.

Fraazo was established in 2016 in Mumbai, India, within the agri-tech sector. An online platform is operated to connect consumers with farmers for fruits and vegetables. Deliveries are managed through a network of micro-fulfilment stores, ensuring efficient logistics from sourcing to customer receipt. Operations focus on direct supply chains in urban areas.

Fraazo's top competitors include Pluckk, Deep Rooted and Gourmet Garden.

Fraazo has 14 investors. Key investors include APAR, WestBridge Capital, Gujarat Venture Finance, Sixth Sense Ventures, and NABVENTURES.

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