About Good Dot
Good Dot is a company based in Udaipur (India) founded in 2016 by Harish Joshi, Sonia Parihar, and Abhishek Sinha.. Good Dot has raised $4.62 million across 2 funding rounds from investors including Sixth Sense Ventures, Lashit Sanghvi and Nikhil Vora. The company has 104 employees as of April 05, 2024. Good Dot offers products and services including UNMUTTON KEEMA, VEGICKEN CHUNKS, EGGLESS BHURJI, BIRYANI, and GOODDOT NOODLES. Good Dot operates in a competitive market with competitors including BlueTribe, Shaka Harry, Evolved Foods, Mister Veg and The Good Food Institute India, among others.
- Headquarter Udaipur, India
- Employees 104 as on 05 Apr, 2024
- Founders Harish Joshi, Sonia Parihar, Abhishek Sinha
- 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 Gooddot Enterprises Private Limited
- Date of Incorporation 15 Sep, 2016
- Jurisdiction Udaipur, Rajasthan, India
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Annual Revenue
$2.29 M (USD)-33.04as on Mar 31, 2023
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Net Profit
$-1.63 M (USD)35.31as on Mar 31, 2023
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EBITDA
$-1.34 M (USD)44.38as on Mar 31, 2023
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Total Equity Funding
$4.62 M (USD)
in 2 rounds
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Latest Funding Round
$4.57 M (USD), Series A
Jul 27, 2021
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Investors
Sixth Sense Ventures
& 9 more
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Employee Count
104
as on Apr 05, 2024
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Products & Services of Good Dot
Good Dot offers a comprehensive portfolio of products and services, including UNMUTTON KEEMA, VEGICKEN CHUNKS, EGGLESS BHURJI, BIRYANI, and GOODDOT NOODLES. 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.
Plant-based mutton alternative for easy home cooking recipes.
Vegan chunks mimicking chicken for stir-fries and curries.
Egg-free bhurji substitute for traditional Indian dishes.
Ready-to-cook plant-based biryani mix for quick meals.
Pack of plant-based noodles for versatile recipe use.
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Funding Insights of Good Dot
Good Dot has successfully raised a total of $4.62M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.57 million completed in July 2021. 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 Series A — $4.6M
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First Round
First Round
(24 May 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Good Dot | Valuation | Sixth Sense Ventures | |
| May, 2018 | Amount | Seed - Good Dot | Valuation | Unovis Asset Management |
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| 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 Good Dot
Good Dot has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Sixth Sense Ventures, Lashit Sanghvi and Nikhil Vora. 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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Venture capital fund investing in consumer-focused startups in India.
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Founded Year | Domain | Location | |
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Venture capital firm investing in seed to early-stage startups
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Founded Year | Domain | Location | |
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LS
Lashit Sanghvi |
Co-founder of ChatGenie, active angel investor in Indian startups
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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 Good Dot
| 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 - Good Dot
| 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 |
Good Dot Comparisons
Competitors of Good Dot
Good Dot 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 BlueTribe, Shaka Harry, Evolved Foods, Mister Veg and The Good Food Institute India, 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 |
Plant-based chicken nuggets and alternatives are offered by the platform.
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| domain | founded_year | HQ Location |
Plant-based meat substitute products, including nuggets and kebabs, are developed.
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| domain | founded_year | HQ Location |
Platform offering plant-based meat and protein alternative
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| domain | founded_year | HQ Location |
Plant-based meat alternatives are produced from grains.
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| domain | founded_year | HQ Location |
Platform offering alternative protein products
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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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Latest news on Good Dot
Frequently Asked Questions about Good Dot
When was Good Dot founded?
Good Dot was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Good Dot located?
Good Dot is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.
Who is the current CEO of Good Dot?
Abhishek Sinha is the current CEO of Good Dot. They have also founded this company.
Is Good Dot a funded company?
Good Dot is a funded company, having raised a total of $4.62M across 2 funding rounds to date. The company's 1st funding round was a Seed of $49.24K, raised on May 24, 2018.
How many employees does Good Dot have?
As of Apr 05, 2024, the latest employee count at Good Dot is 104.
What is the annual revenue of Good Dot?
Annual revenue of Good Dot is $2.29M as on Mar 31, 2023.
What does Good Dot do?
Good Dot was founded in 2016 in Udaipur, India, within the plant-based food sector. Vegetarian meat alternatives, such as grubers and wraps, are manufactured and distributed to replicate the taste, texture, and protein levels of animal-based meat. Recipes are shared on the company website. Products are sold via a distributor network or directly online through the site.
Who are the top competitors of Good Dot?
Good Dot's top competitors include BlueTribe, Shaka Harry and The Good Food Institute India.
What products or services does Good Dot offer?
Good Dot offers UNMUTTON KEEMA, VEGICKEN CHUNKS, EGGLESS BHURJI, BIRYANI, and GOODDOT NOODLES.
Who are Good Dot's investors?
Good Dot has 10 investors. Key investors include Sixth Sense Ventures, Lashit Sanghvi, Nikhil Vora, Swati Mehra, and Satish Ganiga.
What is Good Dot's valuation?
The valuation of Good Dot is $39.81M as of Jul 2021.