About JusDivine
JusDivine is a Retail company based in Mumbai (India) founded in 2014 by Nidhi Gautam, Sanjay Gaitonde, Sanjiv Harshad Shah, and Cecilia Maria Azavedo, and was acquired by Mygreens in March 2017. Cold pressed juices are manufactured and doorstep-delivered in Mumbai. JusDivine has raised $439.71 thousand across 1 funding round from investors including Mygreens, Cecilia Maria Azavedo and Sanjay Gaitonde. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Beverages. Its legal entity in India is Food Ideas Private Limited (U55101MH2013PTC239468). Its competitors include The Fresh Press, Mygreens and Satvaras; 2 of its 3 listed competitors have raised funding.
Company details
Jus Divine is a cold pressed juice manufacturer. The juices are available in 4 formats- Only Fruits, Only vegetables, Fruits and Vegetables and Nut Milks. Juices are delivered to the doorstep. Juices last for 72 hours and can be ordered online. Currently delivery services available only in Mumbai. Jus Divine costs about Rs 150 for 250 ml and Rs 400 for a one litre pack and is available across popular food chains in Mumbai. Claims 400-500 registered customers in the two months since it set-up shop and sells about 1,500 bottles a week.
- Headquarters Mumbai, India
- Founders Nidhi Gautam, Sanjay Gaitonde, Sanjiv Harshad Shah, Cecilia Maria Azavedo
- Stage Acquired
- SectorsRetail
- Website jusdivine.com
- Social X Facebook
- Acquired by Mygreens (Mar 2017)
- Legal Name Food Ideas Private Limited
- Date of Incorporation 09 Jan, 2013
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of JusDivine
JusDivine operates through Food Ideas Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Food Ideas Private Limited CIN U55101MH2013PTC239468 | Active | 09 Jan 2013 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Funding Insights of JusDivine
JusDivine has successfully raised a total of $439.71K through 1 strategic funding round. The most recent funding activity was a Seed round of $439.71 thousand completed in May 2015. 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 $439,706
- Total Rounds 1
- Last Round Seed — $439,706
- First Round $439,706
(May 2015)
- Investors Count 4
All 1 funding rounds of JusDivine 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 |
|---|---|---|---|---|---|
| May 2015 | $439,706 | Seed | – | – |
5 investors in total: 1 institutional and 4 angel.
Investors in JusDivine
JusDivine has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Mygreens, Cecilia Maria Azavedo and Sanjay Gaitonde.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
CM Cecilia Maria Azavedo | unknown_9d0054dd3d2840ba8 | |||
SG Sanjay Gaitonde | unknown_14e6cae7606349bea | |||
VJ Vishal Jain | Angel investor, ex-CEO of IndiaMART, focused on tech startups | unknown_009e19b827004295b | ||
SH Sanjiv Harshad Shah | unknown_7625a3c2e23449a59 | |||
Operates an online platform for subscription-based private label cold-pressed juices. | 2003 | mygreens.com | Delhi, India |
Investor details for JusDivine
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Board of directors of Food Ideas Private Limited (JusDivine)
Food Ideas Private Limited is the primary company behind JusDivine. The board of Food Ideas Private Limited currently have 2 directors; the longest-serving is Vishal Virender Jain, appointed in 2014. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Virender Jain DIN 06898790 | Director | 23 Jul 2014 | 12 yrs 3 mo | Food Ideas Private Limited |
| Ajay Jadia DIN 09090857 | Director | 20 Apr 2021 | 5 yrs 6 mo | Food Ideas Private Limited |
People of JusDivine
4 people are tracked at JusDivine (4 in leadership).
| Name | Role | Group |
|---|---|---|
Nidhi Gautam | Co-Founder | Leadership |
Sanjay Gaitonde | Co-Founder | Leadership |
Sanjiv Harshad Shah | Co-Founder | Leadership |
Cecilia Maria Azavedo | Co-Founder | Leadership |
Complete people profiles for JusDivine
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Verified entity values are shown only after access is granted.
Financials of JusDivine
Figures of Food Ideas Private Limited, the primary company behind JusDivine, for FY 2021. Revenue was ₹1,962 (-98% year on year). Net loss was -₹1.57 Cr (-800295% margin). EBITDA was -₹1.57 Cr (-800295% margin). Revenue has grown at a compounded annual rate of -82% over five years.
- ₹1,962Revenue · FY 2021 · -98% YoY
- -₹1.57 CrNet loss · -800295% margin
- -₹1.57 CrEBITDA · -800295% margin
- ₹3.68 CrPaid-up capital
- -82%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Food Ideas Private Limited are on its company page.
Detailed financial statements for JusDivine
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of JusDivine
3 dated milestones of JusDivine across 3 years, from founding to its latest funding, stage changes and deals.
- Founded JusDivine is founded.
- Funding First funding round of $440K.
- Exit Acquired by Mygreens.
Competitors of JusDivine
JusDivine has 3 listed competitors in our database, 2 of them funded. They include The Fresh Press, Mygreens and Satvaras.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thefreshpress.in | 2018 | Mumbai, India | $240,038 | 23 | Cold-pressed juices and natural fruit-based products are offered. | |
| mygreens.com | 2003 | Delhi, India | $636,371 | 12 | Operates an online platform for subscription-based private label cold-pressed juices. | |
| satvaras.com | 2017 | Ahmedabad, India | 7 | Cold pressed juices are manufactured and delivered via subscriptions daily. |
Detailed competitors of JusDivine
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as JusDivine (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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Related news about Jusdivine
Complete news archive for JusDivine
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Frequently Asked Questions about JusDivine
JusDivine was founded in 2014 and raised its 1st funding round 1 year after it was founded.
JusDivine is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
JusDivine is a funded company, having raised a total of $439.71K across 1 funding round to date. The company's 1st funding round was a Seed of $439.71K, raised on May 2015.
The primary company behind JusDivine, Food Ideas Private Limited, reported revenue of ₹1,962 for FY 2021, down 98% year on year.
Jus Divine is a cold pressed juice manufacturer. The juices are available in 4 formats- Only Fruits, Only vegetables, Fruits and Vegetables and Nut Milks. Juices are delivered to the doorstep. Juices last for 72 hours and can be ordered online. Currently delivery services available only in Mumbai. Jus Divine costs about Rs 150 for 250 ml and Rs 400 for a one litre pack and is available across popular food chains in Mumbai. Claims 400-500 registered customers in the two months since it set-up shop and sells about 1,500 bottles a week.
JusDivine's top competitors include The Fresh Press, Mygreens and Satvaras.
JusDivine has 5 investors. Key investors include Mygreens, Cecilia Maria Azavedo, Sanjay Gaitonde, Vishal Jain, and Sanjiv Harshad Shah.
JusDivine operates through Food Ideas Private Limited.
Yes. JusDivine was acquired by Mygreens in March 2017.
The legal entities of JusDivine currently have 2 directors, including Vishal Virender Jain, Ajay Jadia.