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
RetailAgriculture
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Vnf Ideas Private Limited
- Date of Incorporation 28 Mar, 2018
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$11.67 M (USD)-12.29as on Mar 31, 2023
-
Net Profit
-$16.24 M (USD)34.93as on Mar 31, 2023
-
EBITDA
-$17.29 M (USD)30.69as 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
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Fraazo
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $50.0M
-
First Round
First Round
(06 May 2019)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series B - Fraazo | Valuation | WestBridge Capital | |
| Jul, 2021 | Amount | Series A - Fraazo | Valuation | Sixth Sense Ventures | |
| Jul, 2021 | Amount | Debt – Conventional - Fraazo | Valuation |
investors |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
|
Founded Year | Domain | Location | |
|
Venture capital investments in early-stage Indian startups focusing on technology and innovation.
|
Founded Year | Domain | Location | |
|
Venture capital fund investing in consumer-focused startups in India.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Fraazo
Financial Statements - Fraazo
Fraazo Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fresh produce and prepared meal kits are delivered online.
|
|
| domain | founded_year | HQ Location |
Farm-based fruits and vegetables are delivered via an online platform.
|
|
| domain | founded_year | HQ Location |
Premium organic groceries and fresh produce are retailed online.
|
|
| domain | founded_year | HQ Location |
Online platform offering farm to home services for fruits and vegetables
|
|
| domain | founded_year | HQ Location |
Digital supply chain aggregator that connects farmers with retailers
|
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. The company's 1st funding round was a Series A of $15M, raised on May 06, 2019.
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.