About FreshMenu
FreshMenu is a Consumer company based in Bengaluru (India) founded in 2014 by Rashmi Daga. On-demand meals are delivered via an online platform. 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. FreshMenu was last valued at $27.47 million in April 2022. Its chief executive, as recorded, is Rashmi Daga. Its website freshmenu.com draws about 13 thousand monthly visits. Its Indian entity Foodvista India Private Limited reported revenue of ₹125 Cr. Its focus areas include Food and Agriculture Tech, Food Tech, Internet First Restaurant and OnDemand. Its competitors include Curefoods, Rebel Foods and Biryani By Kilo; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 702
- Founders Rashmi Daga
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website freshmenu.com
- Social LinkedIn X Facebook Instagram
- Legal Name Foodvista India Private Limited
- Date of Incorporation 19 Aug, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹125 Cr
FY 2024 · +69% YoY
- Net Loss-₹8.06 Cr
FY 2024 · -6% margin
- EBITDA-₹6.08 Cr
FY 2024 · -5% margin
- Total Equity Funding$45.2M (USD)
in 8 rounds
- Latest Funding Round$18.88M (USD), Series C
Apr 2022
- InvestorsLightspeed Venture Partners
& 11 more
- Employee Count702
Associated legal entities of FreshMenu
FreshMenu operates through Foodvista India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Foodvista India Private Limited CIN U15209KA2014PTC075887 | Active | 19 Aug 2014 | Bangalore, Karnataka | ₹125 Cr | 702 | 5 | View details |
Apps and channels of FreshMenu
FreshMenu publishes 2 mobile apps with over 1M+ downloads.
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 $45.2M
- Total Rounds 8
- Last Round Series C — $18.88M
- First Round $5M
(Dec 2014)
- Investors Count 12
All 8 funding rounds of FreshMenu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $18.88M | Series C | $27.47M | Florintree, Florintree Solutions LLP | |
| Jan 2021 | $478,209 | Series B | $55.75M | Lightspeed Venture Partners | – |
| Apr 2020 | $394,437 | Series B | $••••• | Lightspeed India | |
| Aug 2019 | $494,575 | Series B | – | – | |
| Jan 2019 | $2.95M | Series B | $••••• | Zodius, Lightspeed India | |
| Oct 2017 | Series B | $••••• | Brand Capital | – | |
| Jan 2016 | $17M | Series B | $••••• | Zodius | |
| Dec 2014 | $5M | Series A | $••••• | Lightspeed India | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $27.47M | •••••••• |
| Jan 2021 | $55.75M | •••••••• |
| Apr 2020 | $••••• | •••••••• |
| Jan 2019 | $••••• | •••••••• |
| Oct 2017 | $••••• | •••••••• |
| Jan 2016 | $••••• | •••••••• |
| Dec 2014 | $••••• | •••••••• |
Full valuation and stage history of FreshMenu
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $27.47M (Apr 2022). 12 investors in total: 9 institutional and 3 angel.
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 |
|---|---|---|---|---|
Investment services are provided by GrowthStory firm in Bengaluru. | growthstory.in | Bengaluru, India | ||
Privat equity firm | 2010 | florintree.com | Mumbai, India | |
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
VC firm investing in India | 2011 | zodius.com | Mumbai, India | |
Venture capital investing in innovative startups across technology sectors. | 2008 | lsip.com | Bengaluru, India | |
Single family office investing in multiple sectors | thebuntingfamilyprivatefund.tcc.mode | Cockeysville, United States | ||
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Investment management and trustee services for financial instruments are provided. | 1995 | vistraitcl.com | Mumbai, India | |
RD Rashmi Daga | Founder of FreshMenu, active angel investor in Indian startups | unknown_c8af632c84984003a | ||
GK Ganesh Krishnan | Serial entrepreneur, angel investor, co-founder of Portea Medical and GrowthStory | unknown_1854e79b206b420ca |
Investor details for FreshMenu
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Foodvista India Private Limited (FreshMenu)
Foodvista India Private Limited is the primary company behind FreshMenu. The board of Foodvista India Private Limited currently have 4 directors; the longest-serving is Rashmi Daga, appointed in 2014. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rashmi Daga DIN 03516036 | Director | 01 Dec 2014 | 11 yrs 10 mo | Foodvista India Private Limited |
| Amit Mehra DIN 08894501 | Nominee Director | 16 Jul 2021 | 5 yrs 3 mo | Foodvista India Private Limited |
| Gautham Madhavan DIN 02826558 | Nominee Director | 28 Sep 2022 | 4 yrs | Foodvista India Private Limited |
| Rikin Kapadia DIN 09211864 | Nominee Director | 19 May 2023 | 3 yrs 5 mo | Foodvista India Private Limited |
People of FreshMenu
5 people are tracked at FreshMenu (3 in leadership, 2 in team); the tracked headcount is 702.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Avinash Sampath | Head of Corporate Relations | Leadership |
Mohammed Ali Shah | Chief Operating Officer | Leadership |
Araddhya N | City Manager - Freshmenu | Team |
Santosh Telgu | Supply Chain Manager | Team |
Complete people profiles for FreshMenu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of FreshMenu
Figures of Foodvista India Private Limited, the primary company behind FreshMenu, for FY 2024. Revenue was ₹125 Cr (+69% year on year). Net loss was -₹8.06 Cr (-6% margin). EBITDA was -₹6.08 Cr (-5% margin). Revenue has grown at a compounded annual rate of +34% over three years and -2% over five years.
- ₹125 CrRevenue · FY 2024 · +69% YoY
- -₹8.06 CrNet loss · -6% margin
- -₹6.08 CrEBITDA · -5% margin
- ₹10.23 CrPaid-up capital
- 702Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Foodvista India Private Limited are on its company page.
Detailed financial statements for FreshMenu
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of FreshMenu
4 dated milestones of FreshMenu across 8 years, from founding to its latest funding, stage changes and deals.
- Founded FreshMenu is founded.
- Funding First funding round of $5.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $18.9M.
Competitors of FreshMenu
FreshMenu has 3 listed competitors in our database, 3 of them funded. They include Curefoods, Rebel Foods and Biryani By Kilo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| curefoods.in | 2020 | Bengaluru, India | $174.75M | 3,156 | Cloud kitchens are operated and food brands are incubated technologically. | |
| rebelfoods.com | 2010 | Mumbai, India | $693.05M | 6,445 | Multi-category food products are offered via an internet restaurant platform. | |
| biryanibykilo.com | 2015 | Gurugram, India | $65.1M | 1,750 | Internet first restaurant offering on demand food delivery for consumers |
Detailed competitors of FreshMenu
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of FreshMenu
The website of FreshMenu (freshmenu.com) receives about 13.2K visits a month.
- Monthly visits13.2K
▲ 4.5% vs previous month
Websites whose visitors overlap most with FreshMenu. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| foodsmith.in | 100% | 22K | #1,400,318 | View details | |
| frugivore.in | 99% | 36K | #951,650 | View details | |
| box8.in | 74% | 29.6K | #958,863 | View details | |
mcdelivery.co.in | mcdelivery.co.in | 74% | #103,031 | – | |
| homefoodi.com | 58% | 13K | #1,619,335 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for FreshMenu
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as FreshMenu (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 6,903 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Related news about Freshmenu
Complete news archive for FreshMenu
Full article history, source details, and older brand coverage require an active premium plan.
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Articles about FreshMenu on our blog
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 CEO of FreshMenu, as recorded in our data. 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 A of $5M, raised on Dec 2014.
FreshMenu has 702 employees.
The primary company behind FreshMenu, Foodvista India Private Limited, reported revenue of ₹125 Cr for FY 2024, up 69% year on year.
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.
FreshMenu operates through Foodvista India Private Limited.
The legal entities of FreshMenu currently have 4 directors, including Rikin Kapadia, Amit Mehra, Rashmi Daga and others.