About Happilo
Happilo is a company based in Bengaluru (India) founded in 2016 by Vikas Dhanmal Nahar.. Happilo has raised $47.88 million across 3 funding rounds from investors including A91 Partners, Motilal Oswal Alternates and Vikas Dhanmal Nahar. The company has 245 employees as of August 22, 2025. Happilo offers products and services including Almonds, Cashews, Dried Fruits, Seeds, and Dry Fruit Bars. Happilo operates in a competitive market with competitors including Nutri Binge, ProV, Divinutty, SellPro and Granos India, among others.
- Headquarter Bengaluru, India
- Employees 245 as on 22 Aug, 2025
- Founders Vikas Dhanmal Nahar
- Stage Minicorn
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Sectors
ConsumerRetail
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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 Happilo International Private Limited
- Date of Incorporation 09 Jan, 2018
- Jurisdiction Nelamangala, Karnataka, India
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Annual Revenue
$38.68 M (USD)8.94as on Mar 31, 2024
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Net Profit
$-15.96 M (USD)-25.48as on Mar 31, 2024
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EBITDA
$-14.22 M (USD)-13.64as on Mar 31, 2024
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Total Equity Funding
$47.88 M (USD)
in 3 rounds
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Latest Funding Round
$3.89 M (USD), Series B
Sep 11, 2023
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Investors
A91 Partners
& 2 more
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Employee Count
245
as on Aug 22, 2025
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Products & Services of Happilo
Happilo offers a comprehensive portfolio of products and services, including Almonds, Cashews, Dried Fruits, Seeds, and Dry Fruit Bars. 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.
Premium natural almonds for healthy daily snacking
Roasted and salted cashews for convenient consumption
Variety of dried fruits like raisins for nutritional benefits
Healthy seeds such as flax and chia for weight management
Bars made from 100% dry fruits for quick energy bites
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Funding Insights of Happilo
Happilo has successfully raised a total of $47.88M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.89 million completed in September 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 Series B — $3.9M
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First Round
First Round
(01 Feb 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Happilo | Valuation |
investors |
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| Jan, 2022 | Amount | Series B - Happilo | Valuation | Motilal Oswal | |
| Feb, 2021 | Amount | Series A - Happilo | Valuation | A91 Partners |
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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 Happilo
Happilo has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include A91 Partners, Motilal Oswal Alternates and Vikas Dhanmal Nahar. 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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Investment partnerships and support for founders in software, financial services, and consumer sectors.
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Founded Year | Domain | Location | |
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Motilal Oswal Alternates is engaged in alternative investment management.
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Founded Year | Domain | Location | |
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VD
Vikas Dhanmal Nahar |
Founder of Happilo, 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 Happilo
| 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 - Happilo
| 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 |
Happilo Comparisons
Competitors of Happilo
Happilo 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 Nutri Binge, ProV, Divinutty, SellPro and Granos 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 |
Online platform selling high-quality nuts, dry fruits, and gifts to consumers.
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| domain | founded_year | HQ Location |
Dry fruits, nuts, and seeds are offered online by ProV.
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| domain | founded_year | HQ Location |
Internet first brand of roasted nuts, dry fruits, and seeds
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| domain | founded_year | HQ Location |
Dried fruits are branded and marketed by SellPro.
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| domain | founded_year | HQ Location |
Provides online platform for healthy foods like berries, seeds, and ghee 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 Happilo
Frequently Asked Questions about Happilo
When was Happilo founded?
Happilo was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Happilo located?
Happilo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Happilo?
Vikas Dhanmal Nahar is the current CEO of Happilo. They have also founded this company.
Is Happilo a funded company?
Happilo is a funded company, having raised a total of $47.88M across 3 funding rounds to date. The company's 1st funding round was a Series A of $13.68M, raised on Feb 01, 2021.
How many employees does Happilo have?
As of Aug 22, 2025, the latest employee count at Happilo is 245.
What is the annual revenue of Happilo?
Annual revenue of Happilo is $38.68M as on Mar 31, 2024.
What does Happilo do?
Happilo was founded in 2016 and is headquartered in Bengaluru, India. An e-commerce platform is operated to provide a selection of nuts, dried fruits, seeds, and berry-based items. Snack mixes and gifting packs are included among the offerings, alongside related food products. Operations are centered in the online retail sector for dried and healthy snacks, with distribution focused on the Indian market.
Who are the top competitors of Happilo?
What products or services does Happilo offer?
Happilo offers Almonds, Cashews, Dried Fruits, Seeds, and Dry Fruit Bars.
Who are Happilo's investors?
Happilo has 3 investors. Key investors include A91 Partners, Motilal Oswal Alternates, and Vikas Dhanmal Nahar.
What is Happilo's valuation?
The valuation of Happilo is $176.37M as of Sep 2023.
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