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
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Sectors
RetailAgriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vnf Ideas Private Limited
- Date of Incorporation 28 Mar, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$11.67 M (USD)-12.29as on Mar 31, 2023
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Net Profit
$-16.24 M (USD)34.93as on Mar 31, 2023
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EBITDA
$-17.29 M (USD)30.69as on Mar 31, 2023
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Total Equity Funding
$68.23 M (USD)
in 5 rounds
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Latest Funding Round
$50 M (USD), Series B
Oct 13, 2021
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Investors
APAR
& 13 more
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Employee Count
8
as on Apr 04, 2024
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $50.0M
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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 |
| 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 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. 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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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Founded Year | Domain | Location | |
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Venture capital investments in early-stage Indian startups focusing on technology and innovation.
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Founded Year | Domain | Location | |
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Venture capital fund investing in consumer-focused startups in India.
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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 Fraazo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
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 - Fraazo
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
Fresh produce and prepared meal kits are delivered online.
|
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| domain | founded_year | HQ Location |
Farm-based fruits and vegetables are delivered via an online platform.
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| domain | founded_year | HQ Location |
Premium organic groceries and fresh produce are retailed online.
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| domain | founded_year | HQ Location |
Online platform offering farm to home services for fruits and vegetables
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| domain | founded_year | HQ Location |
Digital supply chain aggregator that connects farmers with retailers
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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 Fraazo
Frequently Asked Questions about Fraazo
When was Fraazo founded?
Fraazo was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Fraazo located?
Fraazo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Fraazo?
Atul Kumar is the current CEO of Fraazo. They have also founded this company.
Is Fraazo a funded 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.
How many employees does Fraazo have?
As of Apr 04, 2024, the latest employee count at Fraazo is 8.
What is the annual revenue of Fraazo?
Annual revenue of Fraazo is $11.67M as on Mar 31, 2023.
What does Fraazo do?
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.
Who are the top competitors of Fraazo?
Fraazo's top competitors include Pluckk, Deep Rooted and Gourmet Garden.
Who are Fraazo's investors?
Fraazo has 14 investors. Key investors include APAR, WestBridge Capital, Gujarat Venture Finance, Sixth Sense Ventures, and NABVENTURES.