About JhaJi Store
JhaJi Store is a company based in Patna (India) founded in 2020 by Uma Kumari Jha and Kalpana Jha.. JhaJi Store has raised $405.9 thousand across 6 funding rounds from investors including Velocity, Karekeba Ventures and IVY Growth Associates. The company has 1 employees as of April 08, 2024. JhaJi Store offers products and services including Lal Mirch ka Bharua Achar, Sample Pack of 8 Pickles & Chutneys, and Instant Makhana Kheer Mix. JhaJi Store operates in a competitive market with competitors including Veeba, Masterchow, Him Shakti, Native Milk and Naagin Sauce, among others.
- Headquarter Patna, India
- Employees 1 as on 08 Apr, 2024
- Founders Uma Kumari Jha, Kalpana Jha
- Stage Minicorn
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Sectors
Consumer
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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 Mithila Pickles And Chutneys Private Limited
- Date of Incorporation 23 Oct, 2020
- Jurisdiction Patna, Bihar, India
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Annual Revenue
$579.37 K (USD)505.09as on Mar 31, 2023
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Net Profit
$-153.87 K (USD)-1651.68as on Mar 31, 2023
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EBITDA
$-142.29 K (USD)-1618.1as on Mar 31, 2023
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Total Equity Funding
$405.9 K (USD)
in 6 rounds
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Latest Funding Round
$29.69 K (USD), Angel Round
Oct 02, 2024
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Investors
Velocity
& 37 more
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Employee Count
1
as on Apr 08, 2024
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Products & Services of JhaJi Store
JhaJi Store offers a comprehensive portfolio of products and services, including Lal Mirch ka Bharua Achar, Sample Pack of 8 Pickles & Chutneys, and Instant Makhana Kheer Mix. 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.
Stuffed red chilli pickle made from fresh, tender ingredients for tangy flavors.
Assortment of traditional tangy and spicy flavors from Bihar for sampling.
Ready-to-cook saffron-flavored foxnut pudding mix for quick desserts.
Funding Insights of JhaJi Store
JhaJi Store has successfully raised a total of $405.9K across 6 strategic funding rounds. The most recent funding activity was a Angel Round round of $29.69 thousand completed in October 2024. 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 6
- Last Round Angel Round — $29,691
- First Round First Round
- Investors Count 38
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Angel Round - JhaJi Store | Valuation | Sudip Nandy | |
| Nov, 2023 | Amount | Angel Round - JhaJi Store | Valuation |
investors |
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| Jun, 2023 | Amount | Seed - JhaJi Store | Valuation | Karekeba Ventures |
| 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 JhaJi Store
JhaJi Store has secured backing from 38 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Velocity, Karekeba Ventures and IVY Growth Associates. 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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Early-stage investment fund providing seed funding and mentorship to Indian startups.
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Founded Year | Domain | Location | |
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Angel network facilitating startup investments and investor connections in technology and sustainability sectors.
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Founded Year | Domain | Location | |
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Platform for mentoring, investing, and accelerating early-stage startups in India.
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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 JhaJi Store
| 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 - JhaJi Store
| 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 |
Jhaji Store Comparisons
Competitors of JhaJi Store
JhaJi Store 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 Veeba, Masterchow, Him Shakti, Native Milk and Naagin Sauce, 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 |
Internet first brand of sauces, dips, and other condiment products
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| domain | founded_year | HQ Location |
Multi-category sauces are offered by this internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand of rice, millets, salt, and spices
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| domain | founded_year | HQ Location |
A2 milk and dairy products are delivered via subscription model.
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| domain | founded_year | HQ Location |
Manufacturer of Indian-style hot sauces and spice blends
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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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Frequently Asked Questions about JhaJi Store
When was JhaJi Store founded?
JhaJi Store was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is JhaJi Store located?
JhaJi Store is headquartered in Patna, India. It is registered at Patna, Bihar, India.
Is JhaJi Store a funded company?
JhaJi Store is a funded company, having raised a total of $405.9K across 6 funding rounds to date. The company's 1st funding round was a Seed of $76.45K, raised on Jan 22, 2022.
How many employees does JhaJi Store have?
As of Apr 08, 2024, the latest employee count at JhaJi Store is 1.
What is the annual revenue of JhaJi Store?
Annual revenue of JhaJi Store is $579.37K as on Mar 31, 2023.
What does JhaJi Store do?
JhaJi Store was founded in 2020 and is based in Patna, India. An online platform is operated to sell handmade chutneys and pickles in flavors such as green chilly and garlic. Products are prepared without preservatives, colors, or additives, using locally sourced fruits, vegetables, and spices. The business focuses on direct-to-consumer sales in the food sector.
Who are the top competitors of JhaJi Store?
JhaJi Store's top competitors include Veeba, Troovy and Masterchow.
What products or services does JhaJi Store offer?
JhaJi Store offers Lal Mirch ka Bharua Achar, Sample Pack of 8 Pickles & Chutneys, and Instant Makhana Kheer Mix.
Who are JhaJi Store's investors?
JhaJi Store has 38 investors. Key investors include Velocity, Karekeba Ventures, IVY Growth Associates, Thapar Vision, and Sudip Nandy.
What is JhaJi Store's valuation?
The valuation of JhaJi Store is $7.89M as of Oct 2024.