About Greenikk
Greenikk is a company based in Thiruvananthapuram (India) founded in 2020 by Previn Jacob Varghese and Fariq Naushad. Greenikk has raised $735.42 thousand across 3 funding rounds from investors including 100Unicorns, Spotlight Jobs and Manish Modi. Greenikk operates in a competitive market with competitors including HyperPure, WayCool, FarMart, Ninjacart and Jumbotail, among others.
- Headquarter Thiruvananthapuram, India
- Founders Previn Jacob Varghese, Fariq Naushad
- Stage Minicorn
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Sectors
AgricultureRetail
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Phone
*********
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Website
*********
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Social
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- Legal Name Greenikk Sustainable Ventures Private Limited
- Date of Incorporation 14 Jan, 2020
- Jurisdiction Trivandrum, Kerala, India
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Annual Revenue
$668.41 K (USD)247.36as on Mar 31, 2023
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Net Profit
-$135.01 K (USD)-344.74as on Mar 31, 2023
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EBITDA
-$124.47 K (USD)-350.46as on Mar 31, 2023
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Total Equity Funding
$735.42 K (USD)
in 3 rounds
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Latest Funding Round
$404.92 K (USD), Seed
Jan 09, 2023
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Investors
100Unicorns
& 17 more
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Employee Count
Employee Count
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People of Greenikk
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Funding Insights of Greenikk
Greenikk has successfully raised a total of $735.42K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $404.92 thousand completed in January 2023. 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 Seed — $404,922
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First Round
First Round
(10 Oct 2022)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Debt – Conventional - Greenikk | Valuation |
investors |
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| Jan, 2023 | Amount | Seed - Greenikk | Valuation | 100Unicorns | |
| Oct, 2022 | Amount | Seed - Greenikk | Valuation | MasterMinds Ventures |
Investors in Greenikk
Greenikk has secured backing from 18 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include 100Unicorns, Spotlight Jobs and Manish Modi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel investments are directed toward Kerala-based startups.
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Founded Year | Domain | Location | |
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A startup accelerator offering funding and support to early-stage companies.
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Founded Year | Domain | Location | |
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Investments are directed toward early-stage companies by MasterMinds Ventures.
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Founded Year | Domain | Location |
Investments & Acquisitions by Greenikk
Financial Statements - Greenikk
Greenikk Comparisons
Competitors of Greenikk
Greenikk 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 HyperPure, WayCool, FarMart, Ninjacart and Jumbotail, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food industry ingredients are supplied via a B2B platform.
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| domain | founded_year | HQ Location |
Provider of food supply chain management and farming solutions.
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| domain | founded_year | HQ Location |
SaaS-based B2B solutions for food supply chains are provided.
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| domain | founded_year | HQ Location |
B2B platform offering vegetables and fruits
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| domain | founded_year | HQ Location |
B2B marketplace platform connecting retailers with brands and staples producers
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| domain | founded_year | HQ Location |
Local wholesale businesses are facilitated via an e-distribution platform.
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Frequently Asked Questions about Greenikk
Greenikk was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Greenikk is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
Fariq Naushad is the current CEO of Greenikk. They have also founded this company.
Greenikk is a funded company, having raised a total of $735.42K across 3 funding rounds to date. The company's 1st funding round was a Seed of $330.5K, raised on Oct 10, 2022.
Annual revenue of Greenikk is $668.41K as on Mar 31, 2023.
Greenikk was founded in 2020 in Thiruvananthapuram, India, as a provider of AI and IoT-enabled full-stack digitization solutions tailored for the banana industry. Services are extended to banana farmers, processing units, commission agents, and bulk B2B buyers. A marketplace platform for bananas is also operated to facilitate transactions within the agricultural supply chain. Operations focus on integrating technology to support sector-specific digitization needs.
Greenikk has 18 investors. Key investors include 100Unicorns, Spotlight Jobs, Manish Modi, Saurabh Agarwal, and Mayank Tiwari.
The valuation of Greenikk is $1.45M as of Oct 2022.