Freshqo

India Founded: 2018 • Age: 8 yrs Minicorn
Freshqo was founded in 2018 and is based in India.

About Freshqo

Freshqo is a Retail company based in India founded in 2018. Freshqo was founded in 2018 and is based in India. Freshqo has raised $724.1 thousand across 1 funding round from investors including Wellfound, Artha-Niti Advisors and STRIVE. The company has 1 employees. Freshqo was last valued at $3.17 million in January 2021. Its Indian entity Good Ant Private Limited reported revenue of β‚Ή9.5 Lakh. Its focus areas include Consumer Goods and Retail Chains.

Company details

Freshqo was established in 2018 as an Indian company, with its domain registered as freshqo.in. Operations are centered in India, though specifics on industry, services, or broader activities remain undisclosed. Limited details are available regarding its sector focus or geographical reach beyond the country of origin. The entity is documented primarily through foundational and locational data.

  • Headquarters India
  • Employees 1
  • Stage Minicorn
  • Sectors
    Retail
  • Website freshqo.in
  • Legal Name Good Ant Private Limited
  • Date of Incorporation 29 Oct, 2020
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹9.5 Lakh

    FY 2022

  • Net Loss
    -₹1.89 Cr

    FY 2022 · -1977% margin

  • EBITDA
    -₹1.72 Cr

    FY 2022 · -1798% margin

  • Total Equity Funding
    $724.1K (USD)

    in 1 rounds

  • Latest Funding Round
    $724.1K (USD), Seed

    Jan 2021

  • Investors
    Wellfound

    & 8 more

  • Employee Count
    1

Funding Insights of Freshqo

Freshqo has successfully raised a total of $724.1K through 1 strategic funding round. The most recent funding activity was a Seed round of $724.1 thousand completed in January 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 $724,097
  • Total Rounds 1
  • Last Round Seed β€” $724,097
  • First Round $724,097

    (Jan 2021)

  • Investors Count 9

All 1 funding rounds of Freshqo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$724,097Seed$3.17MSTRIVE
Valuation history
DateValuationStage
Jan 2021$3.17Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.17M (Jan 2021). 9 investors in total: 4 institutional and 5 angel.

Investors in Freshqo

Freshqo has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, Artha-Niti Advisors and STRIVE.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital support is provided to seed and early-stage startups.
strive.vcMinato City, Japan
Startup jobs are connected to individuals via a dedicated platform.
2013wellfound.comNew York, United States
Delivers comprehensive financial services solutions to support client needs.
2016artha-niti.comBengaluru, India
Startup jobs are connected to seekers via an online platform.
angel.coSan Francisco, United States

Raj Gopal

Angel investor and advisor, ex-Microsoft, focused on tech startups in India.
unknown_e9ae991394c4402eb

Archana Sahai

unknown_de3fd93875064422a

Tanmai Gopal

Founder of Hasura, tech innovator, active angel investor in Indian startups
unknown_8f03258a36e64a6ba

Aprameya Radhakrishna

unknown_84945e622f2e41de9

Rajoshi Ghosh

Co-founder of Hasura, active angel investor in Indian startups
unknown_e8b37fb2b08c4e338
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Investor details for Freshqo

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 Good Ant Private Limited (Freshqo)

Good Ant Private Limited is the primary company behind Freshqo. The board of Good Ant Private Limited currently have 2 directors; the longest-serving is Ishan Gopal, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Ishan Gopal
DIN 07341708
Director29 Oct 20206 yrsGood Ant Private Limited
Prabhansu Gupta
DIN 08940992
Director29 Oct 20206 yrsGood Ant Private Limited

Financials of Freshqo

Figures of Good Ant Private Limited, the primary company behind Freshqo, for FY 2022. Revenue was ₹9.5 Lakh. Net loss was -₹1.89 Cr (-1977% margin). EBITDA was -₹1.72 Cr (-1798% margin).

  • ₹9.5 LakhRevenue · FY 2022
  • -₹1.89 CrNet loss · -1977% margin
  • -₹1.72 CrEBITDA · -1798% margin
  • ₹1.9 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Good Ant Private Limited are on its company page.

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Detailed financial statements for Freshqo

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 Freshqo

3 dated milestones of Freshqo across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Freshqo is founded.
  2. Funding First funding round of $724K.
  3. Milestone Reaches Minicorn status.

Top companies in Retail Stores & Chains

2 companies that operate in the same segment as Freshqo (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Multi-format offline retail is operated in India.
1997Mumbai, Maharashtra, IndiaUSD 3.41 BUSD 280.87 K32
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Frequently Asked Questions about Freshqo

Freshqo was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Freshqo is headquartered in India.

Freshqo is a funded company, having raised a total of $724.1K across 1 funding round to date. The company's 1st funding round was a Seed of $724.1K, raised on Jan 2021.

Freshqo has 1 employees.

The primary company behind Freshqo, Good Ant Private Limited, reported revenue of β‚Ή9.5 Lakh for FY 2022.

Freshqo was established in 2018 as an Indian company, with its domain registered as freshqo.in. Operations are centered in India, though specifics on industry, services, or broader activities remain undisclosed. Limited details are available regarding its sector focus or geographical reach beyond the country of origin. The entity is documented primarily through foundational and locational data.

Freshqo has 9 investors. Key investors include Wellfound, Artha-Niti Advisors, STRIVE, Raj Gopal, and Archana Sahai.

The valuation of Freshqo is $3.17M as of Jan 2021.

Freshqo operates through Good Ant Private Limited.

The legal entities of Freshqo currently have 2 directors, including Ishan Gopal, Prabhansu Gupta.

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