About HolaChef
HolaChef is a Consumer company based in Mumbai (India) founded in 2014 by Sanket Inder Shrikanth, and was acquired by Foodpanda in October 2018. Online marketplace offers chef prepared meals. HolaChef has raised $10.37 million across 6 funding rounds from investors including Foodpanda, Temasek and SIDBI Venture Capital. The company has 132 employees. HolaChef was last valued at $28.68 million in May 2017. Its focus areas include Food and Agriculture Tech, Food Tech, Food Discovery and Ordering and Chef Prepared Meals. Its legal entity in India is Holachef Hospitality Private Limited (U55209MH2014PTC253600). Its competitors include Masala Box, TinMen and cloudChef; 2 of its 3 listed competitors have raised funding.
Company details
HolaChef was founded in 2014 in Mumbai, India, within the food delivery sector. An online marketplace is maintained where users can browse available dishes and place orders for home delivery through a dedicated application. Chefs are permitted to register on the platform and list their services, facilitating connections between providers and customers in the region.
- Headquarters Mumbai, India
- Employees 132
- Founders Sanket Inder Shrikanth
- Stage Acquired
- SectorsConsumer
- Phone•••• ••••
- Website holachef.com
- Social LinkedIn X Facebook
- Acquired by Foodpanda (Oct 2018)
- Legal Name Holachef Hospitality Private Limited
- Date of Incorporation 26 Feb, 2014
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of HolaChef
HolaChef operates through Holachef Hospitality Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Holachef Hospitality Private Limited CIN U55209MH2014PTC253600 | Active | 26 Feb 2014 | Mumbai, Maharashtra | 132 | 2 | View details |
Funding Insights of HolaChef
HolaChef has successfully raised a total of $10.37M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $455.43 thousand completed in December 2017. 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 $10.37M
- Total Rounds 6
- Last Round Series B — $455,425
- First Round $216,962
(Feb 2015)
- Investors Count 38
All 6 funding rounds of HolaChef 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 |
|---|---|---|---|---|---|
| Dec 2017 | $929,438 | Debt – Venture | – | – | |
| Dec 2017 | $455,425 | Series B | – | – | – |
| May 2017 | $835,045 | Series B | $28.68M | Ipi Technolab | |
| Apr 2016 | $5.72M | Series B | $27.04M | SIDBI Venture Capital | |
| Apr 2015 | $3.15M | Series A | $••••• | Kalaari Capital | |
| Feb 2015 | $216,962 | Seed | $••••• | India Quotient |
| Date | Valuation | Stage |
|---|---|---|
| May 2017 | $28.68M | •••••••• |
| Apr 2016 | $27.04M | •••••••• |
| Apr 2015 | $••••• | •••••••• |
| Feb 2015 | $••••• | •••••••• |
Full valuation and stage history of HolaChef
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $28.68M (May 2017). 39 investors in total: 8 institutional and 31 angel.
Investors in HolaChef
HolaChef has secured backing from 39 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Foodpanda, Temasek and SIDBI Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
Investment in Indian startups across technology and fintech sectors. | 2012 | indiaquotient.in | Mumbai, India | |
Venture capital management for SMEs and startups in India. | 1999 | sidbiventure.co.in | Mumbai, India | |
Real estate advisory firm | 2012 | wisemenfinance.com | Mumbai, India | |
Online food ordering and delivery platform | 2012 | foodpanda.com | Berlin, Germany | |
AK Ashok Kumar Gajera | unknown_93a8ec8b4e394a6d8 | |||
GC Gaurav C Mehta | unknown_f3a84e70710345d28 |
Investor details for HolaChef
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Board of directors of Holachef Hospitality Private Limited (HolaChef)
Holachef Hospitality Private Limited is the primary company behind HolaChef. The board of Holachef Hospitality Private Limited currently have 2 directors; the longest-serving is Saurabh Saxena, appointed in 2014. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saurabh Saxena DIN 06533982 | Whole-time director | 26 Feb 2014 | 12 yrs 8 mo | Holachef Hospitality Private Limited |
| Samir Saxena DIN 06527606 | Whole-time director | 11 Oct 2014 | 12 yrs | Holachef Hospitality Private Limited |
People of HolaChef
3 people are tracked at HolaChef (1 in leadership, 2 in team); the tracked headcount is 132.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Mayur Patel | Manager - Operations & Analytics | Team |
Vaibhav Gosavi | Shift Incharge | Team |
Complete people profiles for HolaChef
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Financials of HolaChef
Figures of Holachef Hospitality Private Limited, the primary company behind HolaChef, for FY 2020. Net loss was -₹37.2 Lakh (0% margin). EBITDA was -₹37.2 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- -₹37.2 LakhNet loss · 0% margin
- -₹37.2 LakhEBITDA · 0% margin
- ₹1.26 CrPaid-up capital
- 132Employees (provident fund records)
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Holachef Hospitality Private Limited are on its company page.
Detailed financial statements for HolaChef
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of HolaChef
5 dated milestones of HolaChef across 4 years, from founding to its latest funding, stage changes and deals.
- Founded HolaChef is founded.
- Funding First funding round of $217K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $455K.
- Exit Acquired by Foodpanda.
Competitors of HolaChef
HolaChef has 3 listed competitors in our database, 2 of them funded. They include Masala Box, TinMen and cloudChef.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| masalabox.com | 2014 | Kochi, India | $749,014 | 33 | Homemade tiffin delivery services are provided via an online marketplace. | |
| tinmen.in | 2015 | Hyderabad, India | $408,216 | Offers a mobile app for convenient lunch subscription services. | ||
| cloudchef.co | 2018 | Thane, India | 2 | Chef-prepared meals are discovered and ordered via an online platform. |
Detailed competitors of HolaChef
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Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as HolaChef (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.94 B | 6,750 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Related news about Holachef
Complete news archive for HolaChef
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Frequently Asked Questions about HolaChef
HolaChef was founded in 2014 and raised its 1st funding round 1 year after it was founded.
HolaChef is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
HolaChef is a funded company, having raised a total of $10.37M across 6 funding rounds to date. The company's 1st funding round was a Seed of $216.96K, raised on Feb 2015.
HolaChef has 132 employees.
HolaChef was founded in 2014 in Mumbai, India, within the food delivery sector. An online marketplace is maintained where users can browse available dishes and place orders for home delivery through a dedicated application. Chefs are permitted to register on the platform and list their services, facilitating connections between providers and customers in the region.
HolaChef's top competitors include Masala Box, TinMen and cloudChef.
HolaChef has 39 investors. Key investors include Foodpanda, Temasek, SIDBI Venture Capital, India Quotient, and InnoVen Capital.
The valuation of HolaChef is $28.68M as of May 2017.
HolaChef operates through Holachef Hospitality Private Limited.
Yes. HolaChef was acquired by Foodpanda in October 2018.
The legal entities of HolaChef currently have 2 directors, including Saurabh Saxena, Samir Saxena.