About Kislay
Kislay is a Retail company based in Nagpur (India) founded in 2018 by Bhaskar D Upadhyaya and Rajesh K Malviya. Online fruits and vegetable marketplace for farmers. It operates in the Retail and Agriculture sectors. Kislay has raised $672.32 thousand across 1 funding round from investors including Rooforders, Ashok Mrig and Manish Bhati. The company has 7 employees. Kislay was last valued at $1.83 million in January 2020. Its Indian entity Kislay Veggifarm Private Limited reported revenue of ₹17.9 Lakh. Kislay offers products and services including Kislay Kisan App and Kislay Partner App. Its focus areas include Food and Agriculture Tech, Crop Tech, ECommerce and Farm Produce. Its competitors include Blinkit, Swiggy and Bigbasket; 3 of its 3 listed competitors have raised funding.
Company details
Kislay was founded in 2018 in Nagpur, India, within the agritech sector. An app-based platform is operated to deliver information on crops and associated challenges. Farmers are enabled to access a marketplace for direct sales of their produce. Operations are centered on connecting rural producers with buyers, supporting efficient distribution in the fruits and vegetables category.
- Headquarters Nagpur, India
- Employees 7
- Founders Bhaskar D Upadhyaya, Rajesh K Malviya
- Stage Minicorn
- SectorsRetailAgriculture
- Email••••••••
- Phone•••• ••••
- Website kislay.in
- Social LinkedIn X Facebook
- Legal Name Kislay Veggifarm Private Limited
- Date of Incorporation 07 May, 2018
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹17.9 Lakh
FY 2024 · -94% YoY
- Net Loss-₹45.8 Lakh
FY 2024 · -256% margin
- EBITDA-₹22 Lakh
FY 2024 · -123% margin
- Total Equity Funding$672.32K (USD)
in 1 rounds
- Latest Funding Round$672.32K (USD), Seed
Jan 2020
- InvestorsRooforders
& 2 more
- Employee Count7
Associated legal entities of Kislay
Kislay operates through Kislay Veggifarm 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 |
|---|---|---|---|---|---|---|---|
| Kislay Veggifarm Private Limited CIN U15130MH2018PTC309042 | Active | 07 May 2018 | Nagpur, Maharashtra | ₹0.2 Cr | 7 | 4 | View details |
Products & Services of Kislay
Kislay offers a comprehensive portfolio of products and services, including Kislay Kisan App and Kislay Partner App.
App for farmers to plan crops and sell produce directly.
App for buying and delivering fresh fruits and vegetables.
Funding Insights of Kislay
Kislay has successfully raised a total of $672.32K through 1 strategic funding round. The most recent funding activity was a Seed round of $672.32 thousand completed in January 2020. 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 $672,322
- Total Rounds 1
- Last Round Seed — $672,322
- First Round $672,322
(Jan 2020)
- Investors Count 3
All 1 funding rounds of Kislay 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 |
|---|---|---|---|---|---|
| Jan 2020 | $672,322 | Seed | $1.83M | Ashok Mrig |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2020 | $1.83M | •••••••• |
Last known valuation $1.83M (Jan 2020). 3 investors in total: 1 institutional and 2 angel.
Investors in Kislay
Kislay has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Rooforders, Ashok Mrig and Manish Bhati.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| rooforders.com | ||||
AM Ashok Mrig | Angel investor and entrepreneur, focused on early-stage Indian startups | unknown_7c1bbdfd574d4fcea | ||
MB Manish Bhati | unknown_340123554d5e4d20b |
Investor details for Kislay
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 Kislay Veggifarm Private Limited (Kislay)
Kislay Veggifarm Private Limited is the primary company behind Kislay. The board of Kislay Veggifarm Private Limited currently have 4 directors; the longest-serving is Bhaskar Upadhyaya, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhaskar Upadhyaya DIN 06711870 | Director | 07 May 2018 | 8 yrs 6 mo | Kislay Veggifarm Private Limited |
| Paresh Kumar Sethy DIN 03090262 | Director | 30 Nov 2019 | 6 yrs 11 mo | Kislay Veggifarm Private Limited |
| Atul Prabhakar Upadhyaya DIN 07086032 | Director | 13 Feb 2020 | 6 yrs 8 mo | Kislay Veggifarm Private Limited |
| Manish Narendra Prakash Bhati DIN 02142028 | Director | 13 Feb 2020 | 6 yrs 8 mo | Kislay Veggifarm Private Limited |
People of Kislay
3 people are tracked at Kislay (3 in leadership); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Rajesh K Malviya | Co-Founder | Leadership |
| Leadership |
Complete people profiles for Kislay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Kislay
Figures of Kislay Veggifarm Private Limited, the primary company behind Kislay, for FY 2024. Revenue was ₹17.9 Lakh (-94% year on year). Net loss was -₹45.8 Lakh (-256% margin). EBITDA was -₹22 Lakh (-123% margin). Revenue has grown at a compounded annual rate of -72% over three years and -17% over five years.
- ₹17.9 LakhRevenue · FY 2024 · -94% YoY
- -₹45.8 LakhNet loss · -256% margin
- -₹22 LakhEBITDA · -123% margin
- ₹6.8 LakhPaid-up capital
- 7Employees (provident fund records)
- -72%Revenue CAGR, 3 years
- -17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kislay Veggifarm Private Limited are on its company page.
Detailed financial statements for Kislay
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 Kislay
3 dated milestones of Kislay across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Kislay is founded.
- Funding First funding round of $672K.
- Milestone Reaches Minicorn status.
Competitors of Kislay
Kislay has 3 listed competitors in our database, 3 of them funded. They include Blinkit, Swiggy and Bigbasket.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. |
Detailed competitors of Kislay
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 & Grocery Retail
3 companies that operate in the same segment as Kislay (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 3.54 B | USD 2.51 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 | |
Quick-commerce platform delivering groceries, household essentials and other everyday products in India. | 2013 | Gurugram, Haryana, India | USD 757.12 M | 11,913 |
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Frequently Asked Questions about Kislay
Kislay was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Kislay is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Kislay is a funded company, having raised a total of $672.32K across 1 funding round to date. The company's 1st funding round was a Seed of $672.32K, raised on Jan 2020.
Kislay has 7 employees.
The primary company behind Kislay, Kislay Veggifarm Private Limited, reported revenue of ₹17.9 Lakh for FY 2024, down 94% year on year.
Kislay was founded in 2018 in Nagpur, India, within the agritech sector. An app-based platform is operated to deliver information on crops and associated challenges. Farmers are enabled to access a marketplace for direct sales of their produce. Operations are centered on connecting rural producers with buyers, supporting efficient distribution in the fruits and vegetables category.
Kislay offers Kislay Kisan App and Kislay Partner App.
Kislay has 3 investors. Key investors include Rooforders, Ashok Mrig, and Manish Bhati.
The valuation of Kislay is $1.83M as of Jan 2020.
Kislay operates through Kislay Veggifarm Private Limited.
The legal entities of Kislay currently have 4 directors, including Atul Prabhakar Upadhyaya, Bhaskar Upadhyaya, Paresh Kumar Sethy and others.