About Freshleaf
Freshleaf is a company based in Ludhiana (India) founded in 2022 by Muneet Arora and Balkirat Singh. It operates as a Direct-to-Consumer (D2C). Freshleaf has raised $192.44 thousand across 3 funding rounds from investors including Master Trust, IP Ventures and Innomax Startup. The company has 16 employees as of April 01, 2024. Freshleaf offers products and services including Cutting Chai, Calming Chamomile, and Moroccan Mint. Freshleaf operates in a competitive market with competitors including VAHDAM, Teabox, Dorje Teas, Jade Forest and Blue Tea, among others.
- Headquarter Ludhiana, India
- Employees 16 as on 01 Apr, 2024
- Founders Muneet Arora, Balkirat Singh
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Freshleaf Teas Pvt. Ltd.
- Date of Incorporation 24 Feb, 2022
- Jurisdiction Ludhiana, Punjab, India
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Annual Revenue
$111.07 K (USD)0as on Mar 31, 2023
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Net Profit
$1.25 K (USD)0as on Mar 31, 2023
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EBITDA
$-7.49 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$192.44 K (USD)
in 3 rounds
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Latest Funding Round
$120.08 K (USD), Seed
Apr 13, 2024
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Investors
Master Trust
& 14 more
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Employee Count
16
as on Apr 01, 2024
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Products & Services of Freshleaf
Freshleaf offers a comprehensive portfolio of products and services, including Cutting Chai, Calming Chamomile, and Moroccan Mint. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Authentic street-style chai is offered for daily energy.
Soothing chamomile tea is provided for relaxation moments.
Refreshing mint tea is crafted for vibrant freshness.
Funding Insights of Freshleaf
Freshleaf has successfully raised a total of $192.44K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $120.08 thousand completed in April 2024. 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 3
- Last Round Seed — $120,081
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First Round
First Round
(18 Mar 2023)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Freshleaf | Valuation | Inflection Point Ventures | |
| Jan, 2024 | Amount | Seed - Freshleaf | Valuation | Pawan Jain | |
| Mar, 2023 | Amount | Seed - Freshleaf | 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 Freshleaf
Freshleaf has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Master Trust, IP Ventures and Innomax Startup. 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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Investments are made in early-stage tech startups across sectors.
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Venture capital investment in tech-startups
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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 Freshleaf
| 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 - Freshleaf
| 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 |
Freshleaf Comparisons
Competitors of Freshleaf
Freshleaf 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 VAHDAM, Teabox, Dorje Teas, Jade Forest and Blue Tea, 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 |
Tea powders and accessories are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Online platform offering tea
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| domain | founded_year | HQ Location |
Internet first brand offering tea
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| domain | founded_year | HQ Location |
Tonic water is branded and distributed by Jade Forest.
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| domain | founded_year | HQ Location |
Company offers a variety of herbal blue teas
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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 Freshleaf
Frequently Asked Questions about Freshleaf
When was Freshleaf founded?
Freshleaf was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Freshleaf located?
Freshleaf is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Who is the current CEO of Freshleaf?
Balkirat Singh is the current CEO of Freshleaf. They have also founded this company.
Is Freshleaf a funded company?
Freshleaf is a funded company, having raised a total of $192.44K across 3 funding rounds to date. The company's 1st funding round was a Seed of $24.23K, raised on Mar 18, 2023.
How many employees does Freshleaf have?
As of Apr 01, 2024, the latest employee count at Freshleaf is 16.
What is the annual revenue of Freshleaf?
Annual revenue of Freshleaf is $111.07K as on Mar 31, 2023.
What does Freshleaf do?
Freshleaf is involved in curating and selling a variety of premium teas, including green, black, herbal, and sparkling blends. The company operates in the beverage sector, focusing on providing high-quality, ethically sourced teas for diverse consumer preferences. Solutions are tailored to enhance daily routines with personalized tea experiences, while sustainable practices are prioritized for environmental impact. A portion of profits is dedicated to educational initiatives through partnerships with NGOs.
Who are the top competitors of Freshleaf?
Freshleaf's top competitors include VAHDAM, Teabox and Dorje Teas.
What products or services does Freshleaf offer?
Freshleaf offers Cutting Chai, Calming Chamomile, and Moroccan Mint.
Who are Freshleaf's investors?
Freshleaf has 15 investors. Key investors include Master Trust, IP Ventures, Innomax Startup, Kudigram Ravindra, and Srinivasa Cherukuri.
What is Freshleaf's valuation?
The valuation of Freshleaf is $1.53M as of Jan 2024.
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