About FreshMenu
FreshMenu is a company based in Bengaluru (India) founded in 2014 by Rashmi Daga. FreshMenu has raised $45.2 million across 8 funding rounds from investors including Lightspeed Venture Partners, Vistra ITCL and Zodius. The company has 702 employees as of April 03, 2024. FreshMenu operates in a competitive market with competitors including Curefoods, Rebel Foods, Biryani By Kilo, Potful and Charcoal Eats, among others.
- Headquarter Bengaluru, India
- Employees 702 as on 03 Apr, 2024
- Founders Rashmi Daga
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Foodvista India Private Limited
- Date of Incorporation 19 Aug, 2014
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$8.9 M (USD)13.25as on Mar 31, 2023
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Net Profit
-$1.22 M (USD)-92.98as on Mar 31, 2023
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EBITDA
-$1.54 M (USD)-202.62as on Mar 31, 2023
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Total Equity Funding
$45.2 M (USD)
in 8 rounds
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Latest Funding Round
$18.88 M (USD), Series C
Apr 01, 2022
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Investors
Lightspeed Venture Partners
& 11 more
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Employee Count
702
as on Apr 03, 2024
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People of FreshMenu
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Founder Team
1 people
Head Team
1 people
Leadership Team
1 people
Software Development Team
1 people
Supply Team
1 people
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Funding Insights of FreshMenu
FreshMenu has successfully raised a total of $45.2M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $18.88 million completed in April 2022. 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 8
- Last Round Series C — $18.9M
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First Round
First Round
(08 Dec 2014)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series C - FreshMenu | Valuation | Florintree , Florintree Solutions LLP | |
| Jan, 2021 | Amount | Series B - FreshMenu | Valuation | Lightspeed Venture Partners |
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| Apr, 2020 | Amount | Series B - FreshMenu | Valuation | Lightspeed India |
Investors in FreshMenu
FreshMenu has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Vistra ITCL and Zodius.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment services are provided by GrowthStory firm in Bengaluru.
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Founded Year | Domain | Location | |
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Privat equity firm
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location |
Investments & Acquisitions by FreshMenu
Financial Statements - FreshMenu
Freshmenu Comparisons
Competitors of FreshMenu
FreshMenu 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 Curefoods, Rebel Foods, Biryani By Kilo, Potful and Charcoal Eats, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud kitchens are operated and food brands are incubated technologically.
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| domain | founded_year | HQ Location |
Multi-category food products are offered via an internet restaurant platform.
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| domain | founded_year | HQ Location |
Internet first restaurant offering on demand food delivery for consumers
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| domain | founded_year | HQ Location |
On-demand food products are provided by an internet-first restaurant.
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| domain | founded_year | HQ Location |
Cloud-based restaurant services are operated via mobile app in Mumbai.
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Frequently Asked Questions about FreshMenu
FreshMenu was founded in 2014.
FreshMenu is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rashmi Daga is the current CEO of FreshMenu. They have also founded this company.
FreshMenu is a funded company, having raised a total of $45.2M across 8 funding rounds to date. The company's 1st funding round was a Series B of $394.44K, raised on Dec 08, 2014.
As of Apr 03, 2024, the latest employee count at FreshMenu is 702.
Annual revenue of FreshMenu is $8.9M as on Mar 31, 2023.
FreshMenu was founded in 2014 in Bengaluru, India, within the food delivery sector. Various meals, including bowls, thalis, sandwiches, desserts, breakfasts, burgers, rolls, biryanis, sides, and beverages, are offered through the platform. Orders can be live-tracked or scheduled by customers. A mobile application is provided for Android and iOS devices to facilitate access and operations.
FreshMenu's top competitors include Curefoods, Rebel Foods and Biryani By Kilo.
FreshMenu has 12 investors. Key investors include Lightspeed Venture Partners, Vistra ITCL, Zodius, Lightspeed India, and Florintree.
The valuation of FreshMenu is $27.47M as of Apr 2022.