Good Fettle

Mumbai, India Founded: 2019 • Age: 7 yrs
Brand of ice cream

About Good Fettle

Good Fettle is a company based in Mumbai (India) founded in 2019 by Akhil Gupta and Ayush Gupta. Good Fettle operates in a competitive market with competitors including Desi Farms, Hangyo, Dairy Day, NOTO and Happy Nature, among others.

  • Headquarter Mumbai, India
  • Founders Akhil Gupta, Ayush Gupta
  • Sectors
    Consumer
  • Website goodfettle.co
  • Legal Name Good Fettle Private Limited
  • Date of Incorporation 01 Nov, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹64 Lakh

    FY 2024 · -84% YoY

  • Net Loss
    -₹87.4 Lakh

    FY 2024 · -137% margin

  • EBITDA
    -₹78.3 Lakh

    FY 2024 · -122% margin

  • Investors

Funding Insights of Good Fettle

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Good Fettle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2022–Seed–Agility Ventures
–
Valuation history

1 investors in total: 1 institutional.

Investors in Good Fettle

Good Fettle has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Agility Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Association focused on investment consulting and guidance for investors
2020agilityventures.inGurugram, India
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Investor details for Good Fettle

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Board of directors of Good Fettle Private Limited (Good Fettle)

Good Fettle Private Limited is the primary company behind Good Fettle. The board of Good Fettle Private Limited currently have 2 directors; the longest-serving is Ayush Ashok Gupta, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Ayush Ashok Gupta
DIN 08601110
Director01 Nov 20196 yrs 11 moGood Fettle Private Limited
Akhil Mukesh Gupta
DIN 07293792
Director01 Nov 20196 yrs 11 moGood Fettle Private Limited

People of Good Fettle

2 people are tracked at Good Fettle (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Complete people profiles for Good Fettle

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Financials of Good Fettle

Figures of Good Fettle Private Limited, the primary company behind Good Fettle, for FY 2024. Revenue was ₹64 Lakh (-84% year on year). Net loss was -₹87.4 Lakh (-137% margin). EBITDA was -₹78.3 Lakh (-122% margin). Revenue has grown at a compounded annual rate of +9% over three years.

  • ₹64 LakhRevenue · FY 2024 · -84% YoY
  • -₹87.4 LakhNet loss · -137% margin
  • -₹78.3 LakhEBITDA · -122% margin
  • ₹1.2 LakhPaid-up capital
  • +9%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Good Fettle Private Limited are on its company page.

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Detailed financial statements for Good Fettle

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Timeline of Good Fettle

2 dated milestones of Good Fettle across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Good Fettle is founded.
  2. Funding First funding round.

Competitors of Good Fettle

Good Fettle 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 Desi Farms, Hangyo, Dairy Day, NOTO and Happy Nature, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
desifarmsindia.in2016Pune, India$6M79
Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
hangyo.in2002Mangaluru, India$30.35M663
Ice cream products are manufactured and branded by Hangyo.
dairyday.com2002Bengaluru, India$16.59M1,143
Processor & brand of ice creams
eatnoto.com2019Mumbai, India$9.09M58
Plant-based frozen desserts are offered via a dedicated platform.
happynature.in2018Delhi, India$1.07M94
Brand of organic milk
provilac.com2013Pune, India$421,59785
Internet first milk brand and delivery
letsgozero.in2022Mumbai, India$6.02M19
Go Zero is recognized as India's leading guilt-free ice cream brand.
rollick.co.in1990Kolkata, India$776,260229
Rollick is engaged in producing frozen desserts in India.
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Detailed competitors of Good Fettle

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Latest news on Good Fettle

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Complete news archive for Good Fettle

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Similar companies to Good Fettle

10 companies that operate in the same segment as Good Fettle (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 221.1 MUSD 99.78 M3,464
Hens and cattle are reared to supply eggs and butter.
2007Austin, Texas, United StatesUSD 49.96 MUSD 759.44 M598
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Provider of bakery-cafe services and a loyalty program
1987St. Louis, Missouri, United StatesUSD 145.61 M––
Dry snacks and coffee are manufactured and distributed.
2015Chennai, Tamil Nadu, IndiaUSD 16.52 MUSD 208 K29
Food, snacks, and beverages are produced and distributed globally.
1898Purchase, New York, United States–USD 93.92 B319,000
Multi-category organic dairy products are offered online.
2010Tiptur, Karnataka, IndiaUSD 58.15 MUSD 23.34 M810
Packaged food products are offered through an online platform.
2019Mumbai, Maharashtra, IndiaUSD 37.6 MUSD 4.41 M168
Multi-category food and beverage products are produced and distributed globally.
1866Vevey, Vaud, Switzerland–USD 2.36 B16,250
Subscription-based dairy products are delivered via an internet-first brand.
2013Hyderabad, Telangana, IndiaUSD 19.41 MUSD 14.66 M250
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Frequently Asked Questions about Good Fettle

Good Fettle was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Good Fettle is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Good Fettle, Good Fettle Private Limited, reported revenue of ₹64 Lakh for FY 2024, down 84% year on year.

Good Fettle was established in 2019 as an ice cream brand operating from Mumbai, India. Products are focused on ice cream manufacturing and distribution within the food and beverage sector. Operations are centered in the Indian market, with co-founders managing key aspects of production and sales. The domain goodfettle.co is utilized for online presence. Details on team include repeated entries for co-founders Akhil Gupta and Ayush Gupta.

Good Fettle's top competitors include Hangyo, NOTO and Go Zero.

Good Fettle has 1 investor. Key investors include Agility Ventures.

Good Fettle operates through Good Fettle Private Limited.

The legal entities of Good Fettle currently have 2 directors, including Ayush Ashok Gupta, Akhil Mukesh Gupta.

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