About Goli Vada Pav
Goli Vada Pav is a company based in Mumbai (India) founded in 2004 by Asha Venkatesh, Shivadas Menon, and Venky Iyer. Goli Vada Pav has raised $8.94 million across 3 funding rounds from investors including Ventureast, Sandip Modi and Jaithrith Rao. The company has 63 employees as of April 01, 2024. Goli Vada Pav operates in a competitive market with competitors including Biryani By Kilo, Samosa Party, MTR Foods, Samosa Singh and Kamats India, among others.
- Headquarter Mumbai, India
- Employees 63 as on 01 Apr, 2024
- Founders Asha Venkatesh, Shivadas Menon, Venky Iyer
- 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 Goli Vada Pav Private Limited
- Date of Incorporation 31 Dec, 2003
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$3.65 M (USD)25.88as on Mar 31, 2019
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Net Profit
-$1.1 M (USD)-49.75as on Mar 31, 2019
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EBITDA
-$1.05 M (USD)-157.71as on Mar 31, 2019
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Total Equity Funding
$8.94 M (USD)
in 3 rounds
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Latest Funding Round
$2.95 M (USD), Series A
Oct 18, 2019
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Investors
Ventureast
& 4 more
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Employee Count
63
as on Apr 01, 2024
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Funding Insights of Goli Vada Pav
Goli Vada Pav has successfully raised a total of $8.94M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.95 million completed in October 2019. 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 3
- Last Round Series A — $3.0M
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First Round
First Round
(07 Oct 2007)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series A - Goli Vada Pav | Valuation | Clarion Superfoods |
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| Aug, 2011 | Amount | Series A - Goli Vada Pav | Valuation | Ventureast |
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| Oct, 2007 | Amount | Angel Round - Goli Vada Pav | Valuation | Sandip Modi , Vishwalaxmi Trading And Finance |
Investors in Goli Vada Pav
Goli Vada Pav has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ventureast, Sandip Modi and Jaithrith Rao.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Distribution services for superfoods are provided by Clarion Superfoods.
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Founded Year | Domain | Location |
Investments & Acquisitions by Goli Vada Pav
Financial Statements - Goli Vada Pav
Goli Vada Pav Comparisons
Competitors of Goli Vada Pav
Goli Vada Pav 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 Biryani By Kilo, Samosa Party, MTR Foods, Samosa Singh and Kamats India, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet first restaurant offering on demand food delivery for consumers
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| domain | founded_year | HQ Location |
Retailer of Indian snacks, meals, beverages, and combo offerings
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| domain | founded_year | HQ Location |
Authentic Indian food products are offered by MTR Foods.
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| domain | founded_year | HQ Location |
Internet first restaurant of samosa and indian snacks
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| domain | founded_year | HQ Location |
Chain of casual dining restaurant offering Indian cuisine
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| domain | founded_year | HQ Location |
Provider of momo preparation and home delivery services
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Frequently Asked Questions about Goli Vada Pav
Goli Vada Pav was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Goli Vada Pav is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Venky Iyer is the current CEO of Goli Vada Pav. They have also founded this company.
Goli Vada Pav is a funded company, having raised a total of $8.94M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $1.27M, raised on Oct 07, 2007.
As of Apr 01, 2024, the latest employee count at Goli Vada Pav is 63.
Annual revenue of Goli Vada Pav is $3.65M as on Mar 31, 2019.
Goli Vada Pav was founded in 2004 in Mumbai, India, as a restaurant chain focused on the traditional Indian snack vada pav. Operations have expanded from a single outlet to a large network, with standardization and hygiene emphasized through a fully automated plant for patty production. Additional items such as vada rolls, curries, and desserts are offered alongside the core product.
Goli Vada Pav's top competitors include Samosa Party, Biryani Blues and Samosa Singh.
Goli Vada Pav has 5 investors. Key investors include Ventureast, Sandip Modi, Jaithrith Rao, Vishwalaxmi Trading And Finance, and Clarion Superfoods.
The valuation of Goli Vada Pav is $7.29M as of Aug 2011.