Humus

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
Online retailing of fruits and vegetables is managed by Humus.

About Humus

Humus is a Retail company based in Bengaluru (India) founded in 2019. Online retailing of fruits and vegetables is managed by Humus. It operates in the Retail and Agriculture sectors. Humus has raised $200 thousand across 2 funding rounds from investors including Venture Catalysts, We Founder Circle and 100Unicorns. Humus was last valued at $2.19 million in December 2020. Its Indian entity Vc Agritech Private Limited reported revenue of β‚Ή84.3 Lakh. Its focus areas include Food and Agriculture Tech, Crop Tech, ECommerce and Farm Produce. Its competitors include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed competitors have raised funding.

Company details

Humus was founded in 2019 in Bengaluru, India, where an online retail operation focused on fruits and vegetables is maintained. Products such as potatoes, tomatoes, onions, pomegranates, oranges, mangoes, and apples are listed in the catalog, along with additional produce items. Sales and distribution are handled digitally to serve customers in the region, within the e-commerce sector for fresh groceries.

Key Metrics
  • Annual Revenue
    ₹84.3 Lakh

    FY 2024 · -91% YoY

  • Net Loss
    -₹1.57 Cr

    FY 2024 · -186% margin

  • EBITDA
    -₹1.18 Cr

    FY 2024 · -140% margin

  • Total Equity Funding
    $200K (USD)

    in 2 rounds

  • Investors

Funding Insights of Humus

Humus has successfully raised a total of $200K across 2 strategic funding rounds. 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 $200,000
  • Total Rounds 2
  • First Round $200,000

    (Dec 2020)

  • Investors Count 11

All 2 funding rounds of Humus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2021Seed–We Founder Circle
–
Dec 2020$200,000Seed$2.19MVenture Catalysts, We Founder Circle
Valuation history
DateValuationStage
Dec 2020$2.19Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.19M (Dec 2020). 11 investors in total: 6 institutional and 5 angel.

Investors in Humus

Humus has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, We Founder Circle and 100Unicorns.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment in early-stage startups and global community support.
2020wefoundercircle.comMumbai, India
Early-stage startup ecosystem is supported by Venture Catalysts in India.
2015venturecatalysts.inMumbai, India
A startup accelerator offering funding and support to early-stage companies.
2020100unicorns.inMumbai, India
Venture management services are provided in Mumbai, India.
Mumbai, India
Motor vehicles and cycles are distributed through wholesale channels.
Kolkata, India
Manufacturer and supplier of steel reinforcing, polystyrene pods, staple and nail products
1997eurocorp.co.nzOtara, New Zealand

Sandeep Prabhakar Verenkar

unknown_632de8ec4ec34d2d9

Premkumar S

unknown_d726ad08208940d8a

Pranavakumar Sreenivasan Kusumba

unknown_c7366557562c474cb

Anupam Srivastava

unknown_5a9a963edc03425e8
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Investor details for Humus

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Board of directors of Vc Agritech Private Limited (Humus)

Vc Agritech Private Limited is the primary company behind Humus. The board of Vc Agritech Private Limited currently have 2 directors; the longest-serving is Shilpa Gopalaiah, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Shilpa Gopalaiah
DIN 08420381
Director12 Apr 20197 yrs 6 moVc Agritech Private Limited
Manjunatha Tekal Nagarajappa
DIN 07164781
Director12 Apr 20197 yrs 6 moVc Agritech Private Limited

Financials of Humus

Figures of Vc Agritech Private Limited, the primary company behind Humus, for FY 2024. Revenue was ₹84.3 Lakh (-91% year on year). Net loss was -₹1.57 Cr (-186% margin). EBITDA was -₹1.18 Cr (-140% margin). Revenue has grown at a compounded annual rate of -53% over three years.

  • ₹84.3 LakhRevenue · FY 2024 · -91% YoY
  • -₹1.57 CrNet loss · -186% margin
  • -₹1.18 CrEBITDA · -140% margin
  • ₹5.5 LakhPaid-up capital
  • -53%Revenue CAGR, 3 years

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

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Detailed financial statements for Humus

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Timeline of Humus

4 dated milestones of Humus across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Humus is founded.
  2. Funding First funding round of $200K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.

Competitors of Humus

Humus has 3 listed competitors in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blinkit.com2013Gurugram, India$757.52M5,975
Instant delivery of groceries and essentials is facilitated online.
bigbasket.com2011Bengaluru, India$943.07M22,095
Personal and household products are delivered via an e-commerce platform.
swiggy.com2014Bengaluru, India$3.62B4,953
Food and grocery items are ordered via an online network.
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Detailed competitors of Humus

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Top companies in Food & Grocery Retail

3 companies that operate in the same segment as Humus (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,488
Personal and household products are delivered via an e-commerce platform.
2011Bengaluru, Karnataka, IndiaUSD 943.07 MUSD 1.17 B22,095
Quick-commerce platform delivering groceries, household essentials and other everyday products in India.
2013Gurugram, Haryana, IndiaUSD 757.12 M11,913
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Related news about Humus

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Frequently Asked Questions about Humus

Humus was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Humus is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Humus is a funded company, having raised a total of $200K across 2 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Dec 2020.

The primary company behind Humus, Vc Agritech Private Limited, reported revenue of β‚Ή84.3 Lakh for FY 2024, down 91% year on year.

Humus was founded in 2019 in Bengaluru, India, where an online retail operation focused on fruits and vegetables is maintained. Products such as potatoes, tomatoes, onions, pomegranates, oranges, mangoes, and apples are listed in the catalog, along with additional produce items. Sales and distribution are handled digitally to serve customers in the region, within the e-commerce sector for fresh groceries.

Humus's top competitors include Swiggy, Bigbasket and Blinkit.

The valuation of Humus is $2.19M as of Dec 2020.

Humus operates through Vc Agritech Private Limited.

The legal entities of Humus currently have 2 directors, including Shilpa Gopalaiah, Manjunatha Tekal Nagarajappa.

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