About Frylo
Frylo is a company based in Ahmedabad (India) founded in 1979.. Frylo has raised $4.75 million across 2 funding rounds from investors including Praveen Bafna. The company has 145 employees as of April 08, 2024. Frylo offers products and services including Pani Puri Pellet, 2D Pellets, 3D Pellets, Rice Papad, and Potato Based. Frylo operates in a competitive market with competitors including natch, Priniti Foods, The Mumum, Shree Hari Namkeen and Postcard, among others.
- Headquarter Ahmedabad, India
- Employees 145 as on 08 Apr, 2024
- 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 Chhajed Foods Private Limited
- Date of Incorporation 19 Dec, 1996
- Jurisdiction Dascroi, Gujarat, India
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Annual Revenue
$5.33 M (USD)-19.91as on Mar 31, 2023
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Net Profit
$-1.89 M (USD)-2308.72as on Mar 31, 2023
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EBITDA
$-811.38 K (USD)-226.89as on Mar 31, 2023
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Total Equity Funding
$4.75 M (USD)
in 2 rounds
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Latest Funding Round
$4.65 M (USD), Unspecified
Jun 14, 2017
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Investors
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Employee Count
145
as on Apr 08, 2024
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Products & Services of Frylo
Frylo offers a comprehensive portfolio of products and services, including Pani Puri Pellet, 2D Pellets, 3D Pellets, Rice Papad, and Potato Based. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pellets for preparing traditional Indian street food snacks.
Shaped pellets designed for frying into various snack textures.
Three-dimensional pellets for diverse crunchy snack experiences.
Crispy rice-based snacks suitable for direct consumption or pairing.
Potato-derived pellets for creating fried snack varieties.
Funding Insights of Frylo
Frylo has successfully raised a total of $4.75M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $4.65 million completed in June 2017. 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 2
- Last Round Unspecified — $4.7M
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First Round
First Round
(01 Mar 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Unspecified - Frylo | Valuation |
investors |
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| Mar, 2008 | Amount | Unspecified - Frylo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Frylo
Frylo has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Praveen Bafna. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PB
Praveen Bafna |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Frylo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Frylo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Frylo Comparisons
Competitors of Frylo
Frylo 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 natch, Priniti Foods, The Mumum, Shree Hari Namkeen and Postcard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Brand of extruded snacks
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| domain | founded_year | HQ Location |
Extruded namkeen snacks are produced and distributed by Priniti Foods.
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| domain | founded_year | HQ Location |
Snack products are manufactured and marketed under the Mumum brand.
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| domain | founded_year | HQ Location |
Manufactures traditional Indian namkeen and fryums snacks for distribution and dealership.
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| domain | founded_year | HQ Location |
Extruded snacks are manufactured and branded by Postcard.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Frylo
When was Frylo founded?
Frylo was founded in 1979 and raised its 1st funding round 29 years after it was founded.
Where is Frylo located?
Frylo is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Is Frylo a funded company?
Frylo is a funded company, having raised a total of $4.75M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $102.07K, raised on Mar 01, 2008.
How many employees does Frylo have?
As of Apr 08, 2024, the latest employee count at Frylo is 145.
What is the annual revenue of Frylo?
Annual revenue of Frylo is $5.33M as on Mar 31, 2023.
What does Frylo do?
Frylo, a brand under Chhajed Foods, was established in 1979 in Ahmedabad, India. Potato-based snacks such as poochkas, krinks, and squaritoz are manufactured, along with spice pastes and mixes for pairing. Operations focus on the ready-to-eat snack sector, with products distributed nationwide through convenience stores and retailers. The brand serves the Indian market exclusively.
Who are the top competitors of Frylo?
Frylo's top competitors include Priniti Foods, The Mumum and natch.
What products or services does Frylo offer?
Frylo offers Pani Puri Pellet, 2D Pellets, 3D Pellets, Rice Papad, and Potato Based.
Who are Frylo's investors?
Frylo has 1 investor. Key investors include Praveen Bafna.
What is Frylo's valuation?
The valuation of Frylo is $18.04M as of Jun 2017.