About Happy Jars
Happy Jars is a Consumer company based in Delhi (India) founded in 2016. Brand of peanut butter. Happy Jars has raised $818.63 thousand across 2 funding rounds from investors including Rama Rao Domalapally, Ankit Mahajan and Deepak Simon. The company has 24 employees. Happy Jars was last valued at $4.02 million in August 2022. Its Indian entity Happy Jars Private Limited reported revenue of ₹1.40 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Butter and Ghee. Its competitors include Kalchi, Honey and Spice and Bhuira Jams; 1 of its 3 listed competitors has raised funding.
Company details
Happy Jars was established in 2016 in Delhi, India, as a brand within the food sector. Peanut butter products are manufactured and distributed primarily for the domestic market. Operations center on creating jarred spreads, with sales facilitated through online and retail channels. The companys domain, happyjars.com, supports direct consumer access. Focus remains on standard peanut butter variants suited to regional preferences.
- Headquarters Delhi, India
- Employees 24
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website happyjars.com
- Social LinkedIn X Facebook
- Legal Name Happy Jars Private Limited
- Date of Incorporation 26 Dec, 2016
- Jurisdiction Delhi, India
- Annual Revenue₹1.40 Cr
FY 2024 · -69% YoY
- Net Loss-₹1.45 Cr
FY 2024 · -103% margin
- EBITDA-₹1.42 Cr
FY 2024 · -101% margin
- Total Equity Funding$818.63K (USD)
in 2 rounds
- Latest Funding Round$350.38K (USD), Seed
Aug 2022
- InvestorsIP Ventures
& 94 more
- Employee Count24
Associated legal entities of Happy Jars
Happy Jars operates through Happy Jars Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Happy Jars Private Limited CIN U15400DL2016PTC309665 | Active | 26 Dec 2016 | New Delhi, Delhi | ₹1.4 Cr | 24 | 2 | View details |
Funding Insights of Happy Jars
Happy Jars has successfully raised a total of $818.63K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $350.38 thousand completed in August 2022. 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 $818,628
- Total Rounds 2
- Last Round Seed — $350,383
- First Round $468,245
(Mar 2021)
- Investors Count 95
All 2 funding rounds of Happy Jars 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 |
|---|---|---|---|---|---|
| Aug 2022 | $350,383 | Seed | $4.02M | Firstport Capital | |
| Mar 2021 | $468,245 | Seed | $2.68M | Inflection Point Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $4.02M | •••••••• |
| Mar 2021 | $2.68M | •••••••• |
Last known valuation $4.02M (Aug 2022). 95 investors in total: 6 institutional and 89 angel.
Investors in Happy Jars
Happy Jars has secured backing from 95 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Rama Rao Domalapally, Ankit Mahajan and Deepak Simon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investment in tech-startups | Gurugram, India | |||
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Real estate development services are provided in Gwalior, India. | Gwalior, India | |||
Limited information is available on Gurukrupa Trust's activities. | Chennai, India | |||
Legal consulting services are provided to clients from Akola, India. | Akola, India | |||
Advisory services are provided by Shakun Advisors in Mumbai, India. | Mumbai, India | |||
RR Rama Rao Domalapally | unknown_5fc3e242c66d4d52a | |||
AM Ankit Mahajan | Angel investor and entrepreneur, focused on tech startups in India. | unknown_5c1de9a8bad6402c8 | ||
DS Deepak Simon | unknown_893b0e5645d24679b | |||
MP Mamta Pradhan | unknown_f33aa93125b84e059 |
Investor details for Happy Jars
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Happy Jars Private Limited (Happy Jars)
Happy Jars Private Limited is the primary company behind Happy Jars. The board of Happy Jars Private Limited currently have 2 directors; the longest-serving is Vikram Sekhar Chigurupati, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikram Sekhar Chigurupati DIN 07632714 | Director | 26 Dec 2016 | 9 yrs 10 mo | Happy Jars Private Limited |
| Surabhi Talwar DIN 08098882 | Director | 20 Apr 2018 | 8 yrs 6 mo | Happy Jars Private Limited |
Financials of Happy Jars
Figures of Happy Jars Private Limited, the primary company behind Happy Jars, for FY 2024. Revenue was ₹1.40 Cr (-69% year on year). Net loss was -₹1.45 Cr (-103% margin). EBITDA was -₹1.42 Cr (-101% margin). Revenue has grown at a compounded annual rate of -4% over three years and +49% over five years.
- ₹1.40 CrRevenue · FY 2024 · -69% YoY
- -₹1.45 CrNet loss · -103% margin
- -₹1.42 CrEBITDA · -101% margin
- ₹1.6 LakhPaid-up capital
- 24Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- +49%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Happy Jars Private Limited are on its company page.
Detailed financial statements for Happy Jars
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Happy Jars
4 dated milestones of Happy Jars across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Happy Jars is founded.
- Funding First funding round of $468K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $350K.
Competitors of Happy Jars
Happy Jars has 3 listed competitors in our database, 1 of them funded. They include Kalchi, Honey and Spice and Bhuira Jams.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kalchi.in | 2017 | Bengaluru, India | $468,956 | 4 | Manufacturer and supplier of food products | |
| honeyandspice.in | 2013 | Bengaluru, India | 22 | Provider of premium organic raw honey and gourmet food products | ||
| bhuirajams.com | 1999 | Sirmaur, India | 21 | Handmade fruit jams, preserves, chutneys from Himachal using natural ingredients for online sales. |
Detailed competitors of Happy Jars
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Happy Jars (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Frequently Asked Questions about Happy Jars
Happy Jars was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Happy Jars is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Happy Jars is a funded company, having raised a total of $818.63K across 2 funding rounds to date. The company's 1st funding round was a Seed of $468.25K, raised on Mar 2021.
Happy Jars has 24 employees.
The primary company behind Happy Jars, Happy Jars Private Limited, reported revenue of ₹1.40 Cr for FY 2024, down 69% year on year.
Happy Jars was established in 2016 in Delhi, India, as a brand within the food sector. Peanut butter products are manufactured and distributed primarily for the domestic market. Operations center on creating jarred spreads, with sales facilitated through online and retail channels. The companys domain, happyjars.com, supports direct consumer access. Focus remains on standard peanut butter variants suited to regional preferences.
Happy Jars's top competitors include Kalchi, Honey and Spice and Bhuira Jams.
Happy Jars has 95 investors. Key investors include Rama Rao Domalapally, Ankit Mahajan, Deepak Simon, Mamta Pradhan, and Pushkaraj Shenai.
The valuation of Happy Jars is $4.02M as of Aug 2022.
Happy Jars operates through Happy Jars Private Limited.
The legal entities of Happy Jars currently have 2 directors, including Vikram Sekhar Chigurupati, Surabhi Talwar.