Frshly

Chennai, India Founded: 2013 • Age: 13 yrs
Vending machines dispensing prepared meals
Annual revenue $410,839 Latest available
Total funding $4.0M 1 rounds
Employees 8 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Frshly

Frshly is a company based in Chennai (India) founded in 2013. Frshly has raised $4 million across 1 funding round from investors including Posterity and Sakhholdingcompany. The company has 8 employees as of April 09, 2024. Frshly offers products and services including Slot Machines and Jackpot Games. Frshly operates in a competitive market with competitors including Daalchini, Vendekin, NutriTap, Vendiman and Azgo, among others.

  • Headquarter Chennai, India
  • Employees 8 as on 09 Apr, 2024
  • Sectors
    Consumer
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Owl Tech Private Limited
  • Date of Incorporation 22 Mar, 2016
  • Jurisdiction Coimbatore, Tamil Nadu, India
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $410.84 K (USD)
    0
    as on Mar 31, 2017
  • Net Profit
    -$1.77 M (USD)
    0
    as on Mar 31, 2017
  • EBITDA
    -$1.49 M (USD)
    0
    as on Mar 31, 2017
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Jun 01, 2016

  • Investors
    Posterity

    & 1 more

  • Employee Count
    8

    as on Apr 09, 2024

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Products & Services of Frshly

Frshly offers a comprehensive portfolio of products and services, including Slot Machines and Jackpot Games.

Product name locked
Category locked
Primary

Interactive slots with themes and bonuses for user entertainment.

Product name locked
Category locked
Locked

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.

Investors in Frshly

Frshly has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Posterity and Sakhholdingcompany.

All
Institutional
Investor Description Founded Year Domain Location
Diversified consulting services in IT, healthcare, and facilities are provided.
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-
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Investor details for Frshly

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Investments & Acquisitions by Frshly

Investments
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Investment portfolio details for Frshly

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Financial Statements - Frshly

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Detailed financials for Frshly

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Frshly Comparisons

Frshly Primary company
Description
Vending machines dispensing prepared meals
Location
Chennai, India
Founded Year
2013
Annual Revenue
$410.84 K (USD)
Net Profit
-$1.77 M (USD)
EBITDA
-$1.49 M (USD)
Employees
8
As of 2024
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Peer comparison for Frshly

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Competitors of Frshly

Frshly 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 Daalchini, Vendekin, NutriTap, Vendiman and Azgo, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform offering smart vending machine retail solutions
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Cashless vending solutions are integrated for smart product dispensing.
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Smart vending machines for corporates are supplied by NutriTap.
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Vendiman is recognized as a leading vending machine supplier in India.
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IoT-powered snack vending machines for offices
Locked Locked Locked
Tea and coffee-making machines are provided via an online platform.
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Detailed competitors of Frshly

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Latest news on 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.

As of Apr 09, 2024, the latest employee count at Frshly is 8.

Annual revenue of Frshly is $410.84K as on Mar 31, 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's top competitors include Daalchini, Vendekin and NutriTap.

Frshly offers Slot Machines and Jackpot Games.

Frshly has 2 investors. Key investors include Posterity, and Sakhholdingcompany.

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