About Frshly
Frshly is a Consumer company based in Chennai (India) founded in 2013. It operates in the Consumer and Retail sectors. Frshly has raised $4 million across 1 funding round from investors including Posterity and Sakhholdingcompany. The company has 8 employees. Its Indian entity Owl Tech Private Limited reported revenue of ₹2.62 Cr. Frshly offers products and services including Slot Machines and Jackpot Games. Its focus areas include Food and Agriculture Tech, Online Grocery, Smart Vending Machine and Food. Its competitors include Daalchini, Vendekin, NutriTap, Vendiman and Azgo and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Vending machines dispensing prepared meals. Claims to serve multiple cuisines and combinations of food to customers. Sources its food from hyperlocal restaurant chains. Claims to use proprietary technology to enable quick procurement order placement to ensure sufficient stock at its vending machines. Customers can also use the companys mobile app to pre-order their meals and pick them up from their desired vending stations.
- Headquarters Chennai, India
- Employees 8
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website gofrshly.com
- Social LinkedIn X Facebook
- Legal Name Owl Tech Private Limited
- Date of Incorporation 22 Mar, 2016
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹2.62 Cr
FY 2017
- Net Loss-₹11.30 Cr
FY 2017 · -430% margin
- EBITDA-₹9.50 Cr
FY 2017 · -362% margin
- Total Equity Funding$4M (USD)
in 1 rounds
- Latest Funding Round$4M (USD), Series A
Jun 2016
- InvestorsPosterity
& 1 more
- Employee Count8
Associated legal entities of Frshly
Frshly operates through Owl Tech Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Owl Tech Private Limited CIN U74140TZ2016PTC022424 | Strike Off | 22 Mar 2016 | Coimbatore, Tamil Nadu | ₹2.6 Cr | 8 | 4 | View details |
Products & Services of Frshly
Frshly offers a comprehensive portfolio of products and services, including Slot Machines and Jackpot Games.
Interactive slots with themes and bonuses for user entertainment.
Progressive jackpot options for high-stakes winnings and excitement.
Funding Insights of Frshly
Frshly has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in June 2016. 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 $4M
- Total Rounds 1
- Last Round Series A — $4M
- First Round $4M
(Jun 2016)
- Investors Count 2
All 1 funding rounds of Frshly 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 |
|---|---|---|---|---|---|
| Jun 2016 | $4M | Series A | – | Posterity, Sakhholdingcompany | – |
2 investors in total: 2 institutional.
Investors in Frshly
Frshly has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Posterity and Sakhholdingcompany.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified consulting services in IT, healthcare, and facilities are provided. | – | pgllc.us | Rockville, United States | |
- | – | sakhholdingcompany.tcc.mode | - |
Investor details for Frshly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Owl Tech Private Limited (Frshly)
Owl Tech Private Limited is the primary company behind Frshly. The board of Owl Tech Private Limited currently have 4 directors; the longest-serving is Jay Kanagaratnam Jayanthan, appointed in 2016. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jay Kanagaratnam Jayanthan DIN 06922465 | Director | 12 May 2016 | 10 yrs 5 mo | Owl Tech Private Limited |
| Chinna Thalakku Thevar Sakthivel DIN 06914237 | Director | 20 Feb 2017 | 9 yrs 7 mo | Owl Tech Private Limited |
| Satishkumar DIN 05221526 | Director | 09 Jun 2017 | 9 yrs 4 mo | Owl Tech Private Limited |
| Ramamurthy Suresh Kumar DIN 06556692 | Additional Director | 22 Oct 2018 | 7 yrs 11 mo | Owl Tech Private Limited |
Financials of Frshly
Figures of Owl Tech Private Limited, the primary company behind Frshly, for FY 2017. Revenue was ₹2.62 Cr. Net loss was -₹11.30 Cr (-430% margin). EBITDA was -₹9.50 Cr (-362% margin).
- ₹2.62 CrRevenue · FY 2017
- -₹11.30 CrNet loss · -430% margin
- -₹9.50 CrEBITDA · -362% margin
- ₹26.00 CrPaid-up capital
- 8Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Owl Tech Private Limited are on its company page.
Detailed financial statements for Frshly
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Frshly
2 dated milestones of Frshly across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Frshly is founded.
- Funding First funding round of $4.0M.
Competitors of Frshly
Frshly has 9 listed competitors in our database, 8 of them funded. They include Daalchini, Vendekin, NutriTap, Vendiman and Azgo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| daalchini.co.in | 2017 | Noida, India | $6.73M | 110 | Online platform offering smart vending machine retail solutions | |
| vendekin.com | 2015 | Pune, India | $4.2M | 66 | Cashless vending solutions are integrated for smart product dispensing. | |
| nutritap.in | 2018 | Gurugram, India | $2.24M | 55 | Smart vending machines for corporates are supplied by NutriTap. | |
| vendiman.com | 2013 | Mumbai, India | $11.37M | 105 | Vendiman is recognized as a leading vending machine supplier in India. | |
| azgo.app | 2014 | Bengaluru, India | $1.74M | 11 | IoT-powered snack vending machines for offices | |
| cherisetapri.com | 2019 | Mumbai, India | $2.24M | 96 | Tea and coffee-making machines are provided via an online platform. | |
| grubox.in | 2016 | Gurugram, India | $1.26M | 15 | Fresh meals are accessed through app-enabled smart vending kiosks. | |
| cheriseglobal.com | 2018 | Mumbai, India | – | 131 | Offers a direct-to-consumer brand of multi-category tea products and accessories. | |
| niflr.com | 2017 | Bengaluru, India | $680,357 | – | Omnichannel grocery retail is operated through self-checkout stores. |
Detailed competitors of Frshly
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
10 companies that operate in the same segment as Frshly (Food & Beverage Platforms), 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 deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 592.4 M | – | 16,949 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | 6,360 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Complete news archive for Frshly
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Frequently Asked Questions about Frshly
Frshly was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Frshly is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Frshly is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Jun 2016.
Frshly has 8 employees.
The primary company behind Frshly, Owl Tech Private Limited, reported revenue of ₹2.62 Cr for FY 2017.
Vending machines dispensing prepared meals. Claims to serve multiple cuisines and combinations of food to customers. Sources its food from hyperlocal restaurant chains. Claims to use proprietary technology to enable quick procurement order placement to ensure sufficient stock at its vending machines. Customers can also use the companys mobile app to pre-order their meals and pick them up from their desired vending stations.
Frshly offers Slot Machines and Jackpot Games.
Frshly has 2 investors. Key investors include Posterity, and Sakhholdingcompany.
Frshly operates through Owl Tech Private Limited.
The legal entities of Frshly currently have 4 directors, including Chinna Thalakku Thevar Sakthivel, Jay Kanagaratnam Jayanthan, Satishkumar and others.