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.
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 |
Investors in Frylo
Frylo has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Praveen Bafna.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PB
Praveen Bafna |
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Founded Year | Domain | Location |
Investments & Acquisitions by Frylo
Financial Statements - Frylo
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.
| 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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Latest news on Frylo
Frequently Asked Questions about Frylo
Frylo was founded in 1979 and raised its 1st funding round 29 years after it was founded.
Frylo is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
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.
As of Apr 08, 2024, the latest employee count at Frylo is 145.
Annual revenue of Frylo is $5.33M as on Mar 31, 2023.
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.
Frylo's top competitors include Priniti Foods, The Mumum and natch.
Frylo offers Pani Puri Pellet, 2D Pellets, 3D Pellets, Rice Papad, and Potato Based.
Frylo has 1 investor. Key investors include Praveen Bafna.
The valuation of Frylo is $18.04M as of Jun 2017.