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. 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
- Founders Asha Venkatesh, Shivadas Menon, Venky Iyer
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Website golivadapav.com
- Social LinkedIn X Facebook
- Legal Name Goli Vada Pav Private Limited
- Date of Incorporation 31 Dec, 2003
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹26.04 Cr
FY 2019 · +26% YoY
- Net Loss-₹7.87 Cr
FY 2019 · -30% margin
- EBITDA-₹7.20 Cr
FY 2019 · -28% margin
- Total Equity Funding$8.94M (USD)
in 3 rounds
- Latest Funding Round$2.95M (USD), Series A
Oct 2019
- InvestorsVentureast
& 4 more
- Employee Count63
Associated legal entities of Goli Vada Pav
Goli Vada Pav operates through Goli Vada Pav Private Limited (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Goli Vada Pav Private Limited CIN U15130MH2003PTC143785 | Under Cirp | 31 Dec 2003 | Navi Mumbai, Maharashtra | ₹26.0 Cr | 63 | 3 | View details |
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 $8.94M
- Total Rounds 3
- Last Round Series A — $2.95M
- First Round $1.27M
(Oct 2007)
- Investors Count 5
All 3 funding rounds of Goli Vada Pav 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 |
|---|---|---|---|---|---|
| Oct 2019 | $2.95M | Series A | – | Clarion Superfoods | – |
| Aug 2011 | $4.72M | Series A | $7.29M | Ventureast | – |
| Oct 2007 | $1.27M | Angel Round | $5.21M | Sandip Modi, Vishwalaxmi Trading And Finance |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2011 | $7.29M | •••••••• |
| Oct 2007 | $5.21M | •••••••• |
Last known valuation $7.29M (Aug 2011). 5 investors in total: 3 institutional and 2 angel.
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 |
|---|---|---|---|---|
Venture capital investments in technology, healthcare, and clean environment sectors since 1997. | 1997 | ventureast.net | Bengaluru, India | |
- | – | vishwalaxmitradingandfinance.tcc.mode | - | |
Distribution services for superfoods are provided by Clarion Superfoods. | – | clarionsuperfoods.com | - | |
SM Sandip Modi | - | – | unknown_295e62ea783c4c3e9 | - |
JR Jaithrith Rao | - | – | unknown_2a7abdd4b31e4cb9b | - |
Investor details for Goli Vada Pav
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Goli Vada Pav Private Limited (Goli Vada Pav)
Goli Vada Pav Private Limited is the primary company behind Goli Vada Pav. The board of Goli Vada Pav Private Limited currently have 3 directors; the longest-serving is Srinivasan Venkatesh Gurumurthy Srinivasan Iyer, appointed in 2003. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivasan Venkatesh Gurumurthy Srinivasan Iyer DIN 02348997 | Managing Director | 31 Dec 2003 | 22 yrs 9 mo | Goli Vada Pav Private Limited |
| Arjun Lakhera DIN 09785824 | Director | 14 Nov 2022 | 3 yrs 10 mo | Goli Vada Pav Private Limited |
| Vinod Radhakrishnan Nair DIN 00324164 | IRP/RP/Liquidator | 09 Oct 2023 | 3 yrs | Goli Vada Pav Private Limited |
People of Goli Vada Pav
4 people are tracked at Goli Vada Pav (4 in leadership); the tracked headcount is 63.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CFO | Leadership | |
Venky Iyer | Co-Founder & CEO | Leadership |
| CEO | Leadership |
Complete people profiles for Goli Vada Pav
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Goli Vada Pav
Figures of Goli Vada Pav Private Limited, the primary company behind Goli Vada Pav, for FY 2019. Revenue was ₹26.04 Cr (+26% year on year). Net loss was -₹7.87 Cr (-30% margin). EBITDA was -₹7.20 Cr (-28% margin). Revenue has grown at a compounded annual rate of -6% over three years and -4% over five years.
- ₹26.04 CrRevenue · FY 2019 · +26% YoY
- -₹7.87 CrNet loss · -30% margin
- -₹7.20 CrEBITDA · -28% margin
- ₹4.87 CrPaid-up capital
- 63Employees (provident fund records)
- -6%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Goli Vada Pav Private Limited are on its company page.
Detailed financial statements for Goli Vada Pav
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Goli Vada Pav
4 dated milestones of Goli Vada Pav across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Goli Vada Pav is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| biryanibykilo.com | 2015 | Gurugram, India | $65.1M | 1,750 | Internet first restaurant offering on demand food delivery for consumers | |
| samosaparty.in | 2017 | Bengaluru, India | $14.02M | 390 | Retailer of Indian snacks, meals, beverages, and combo offerings | |
| mtrfoods.com | 1924 | Bengaluru, India | $4M | 2,862 | Authentic Indian food products are offered by MTR Foods. | |
| samosasingh.com | 2016 | Bengaluru, India | $7.61M | 124 | Internet first restaurant of samosa and indian snacks | |
| kamatsindia.com | 2007 | Mumbai, India | – | 107 | Chain of casual dining restaurant offering Indian cuisine | |
| zomoz.co.in | 2015 | Hyderabad, India | $2.93M | 18 | Provider of momo preparation and home delivery services | |
| auntiefungs.com | 2015 | Bengaluru, India | $1.03M | 53 | Asian street food is offered by a limited-service restaurant chain. | |
| biryaniblues.com | 2013 | Gurugram, India | $14.38M | 498 | A restaurant chain focused on Asian cuisine varieties is operated. | |
| gabrudichaap.com | 2019 | Hyderabad, India | $161,672 | 6 | Soya chaap is served by a restaurant chain in India. |
Detailed competitors of Goli Vada Pav
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Goli Vada Pav
The website of Goli Vada Pav (golivadapav.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 54% vs previous month
Websites whose visitors overlap most with Goli Vada Pav. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| samosasingh.com | 100% | 3.5K | #4,666,128 | View details | |
news.franchiseindia.com | news.franchiseindia.com | 84% | – | #3,928,092 | – |
| zomato.com | 68% | 17.2M | #2,861 | View details | |
| eazydiner.com | 67% | 1.2M | #43,640 | View details | |
| whatanindianrecipe.com | 53% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Goli Vada Pav
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- 13 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Latest news on Goli Vada Pav
Complete news archive for Goli Vada Pav
Full article history, source details, and older brand coverage require an active premium plan.
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Verified entity values are shown only after access is granted.
Similar companies to Goli Vada Pav
10 companies that operate in the same segment as Goli Vada Pav (Food Service Chains), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | – | – | |
Chain of limited service restaurant serving coffee | 2017 | Jakarta, Jakarta, Indonesia | USD 233 M | – | – | |
Salads and meal bowls are offered by restaurant chains. | 2006 | Los Angeles, California, United States | USD 479.07 M | USD 679.47 M | 6,410 | |
Doughnuts and coffee are provided by the international chain. | 1937 | Winston-salem, North Carolina, United States | USD 114.68 M | USD 1.52 B | 21,000 | |
A chain of restaurants provides meals and catering services. | 2009 | Colorado City, Colorado, United States | USD 11.45 M | – | 526 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Mediterranean fast-casual dining is provided by CAVA restaurants. | 2010 | Washington, District Of Columbia, United States | USD 680.15 M | USD 1.18 B | 10,690 | |
A chain of coffee houses is operated in Indonesia. | 2018 | Jakarta, Jakarta, Indonesia | USD 40 M | USD 89.74 M | 3,180 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.18 M | USD 31.69 M | 2,075 |
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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 2007.
Goli Vada Pav has 63 employees.
The primary company behind Goli Vada Pav, Goli Vada Pav Private Limited, reported revenue of ₹26.04 Cr for FY 2019, up 26% year on year.
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.
Goli Vada Pav operates through Goli Vada Pav Private Limited.
The legal entities of Goli Vada Pav currently have 3 directors, including Vinod Radhakrishnan Nair, Arjun Lakhera, Srinivasan Venkatesh Gurumurthy Srinivasan Iyer.