Kneady

Bengaluru, India Founded: 2021 • Age: 5 yrs Minicorn
Marketplace solutions for restaurants and catering businesses are facilitated.

About Kneady

Kneady is a Consumer company based in Bengaluru (India) founded in 2021 by Seemanta Baruah and Prashant Kunal. Marketplace solutions for restaurants and catering businesses are facilitated. It operates in the Consumer, Retail, and Business Services sectors. Kneady has raised $262.74 thousand across 1 funding round from investors including 1Digi Investment Management, Ramprasadh Kothandaraman and Pravin Kumar Agarwala. The company has 1 employees. Kneady was last valued at $1.2 million in April 2022. Its Indian entity Kneady Retail Technologies Private Limited reported revenue of β‚Ή6.68 Cr. Its focus areas include Food and Agriculture Tech, Food Tech, Catering and Horizontal. Its competitors include Isthara, 6Degree and WizCommerce; 3 of its 3 listed competitors have raised funding.

Company details

Kneady was established in 2021 in Bengaluru, India, within the food services sector. Marketplace platforms are offered to link hotels, restaurants, and catering operations for the purchase and sale of goods. Features such as quality management, inventory tracking, procurement processes, capital oversight, and ingredients sourcing are integrated into the solutions. Operations focus on streamlining supply chain activities for these businesses.

  • Headquarters Bengaluru, India
  • Employees 1
  • Founders Seemanta Baruah, Prashant Kunal
  • Stage Minicorn
  • Sectors
    Consumer
    Retail Business Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website kneady.in
  • Social LinkedIn X Facebook
  • Legal Name Kneady Retail Technologies Private Limited
  • Date of Incorporation 01 Sep, 2021
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹6.68 Cr

    FY 2023 · +15476% YoY

  • Net Loss
    -₹69.6 Lakh

    FY 2023 · -10% margin

  • EBITDA
    -₹67.6 Lakh

    FY 2023 · -10% margin

  • Total Equity Funding
    $262.74K (USD)

    in 1 rounds

  • Latest Funding Round
    $262.74K (USD), Seed

    Apr 2022

  • Employee Count
    1

Funding Insights of Kneady

Kneady has successfully raised a total of $262.74K through 1 strategic funding round. The most recent funding activity was a Seed round of $262.74 thousand completed in April 2022. 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 $262,736
  • Total Rounds 1
  • Last Round Seed β€” $262,736
  • First Round $262,736

    (Apr 2022)

  • Investors Count 3

All 1 funding rounds of Kneady with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$262,736Seed$1.2M1Digi Investment Management
Valuation history
DateValuationStage
Apr 2022$1.2Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.2M (Apr 2022). 3 investors in total: 1 institutional and 2 angel.

Investors in Kneady

Kneady has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include 1Digi Investment Management, Ramprasadh Kothandaraman and Pravin Kumar Agarwala.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Assets are managed by a single-family office in Dubai.
Dubai, United Arab Emirates

Ramprasadh Kothandaraman

Angel investor and tech leader, ex-Amazon, focused on Indian startups
unknown_a8e6a3e9fc974a7cb

Pravin Kumar Agarwala

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Investor details for Kneady

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Board of directors of Kneady Retail Technologies Private Limited (Kneady)

Kneady Retail Technologies Private Limited is the primary company behind Kneady. The board of Kneady Retail Technologies Private Limited currently have 2 directors; the longest-serving is Seemanta Baruah, appointed in 2021.

DirectorDesignationAppointedTenureEntity
Seemanta Baruah
DIN 02444953
Director01 Sep 20215 yrs 2 moKneady Retail Technologies Private Limited
Prashant Kunal
DIN 02224059
Director01 Sep 20215 yrs 2 moKneady Retail Technologies Private Limited

People of Kneady

2 people are tracked at Kneady (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of Kneady

Figures of Kneady Retail Technologies Private Limited, the primary company behind Kneady, for FY 2023. Revenue was ₹6.68 Cr (+15476% year on year). Net loss was -₹69.6 Lakh (-10% margin). EBITDA was -₹67.6 Lakh (-10% margin).

  • ₹6.68 CrRevenue · FY 2023 · +15476% YoY
  • -₹69.6 LakhNet loss · -10% margin
  • -₹67.6 LakhEBITDA · -10% margin
  • ₹3.8 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Kneady Retail Technologies Private Limited are on its company page.

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Detailed financial statements for Kneady

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Timeline of Kneady

3 dated milestones of Kneady across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kneady is founded.
  2. Funding First funding round of $263K.
  3. Milestone Reaches Minicorn status.

Competitors of Kneady

Kneady has 3 listed competitors in our database, 3 of them funded. They include Isthara, 6Degree and WizCommerce.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
isthara.com2017Hyderabad, India$21.16M456
Managed shared kitchen spaces are booked through an online platform.
6degree.co2014Bengaluru, India$4.06M73
End-to-end e-commerce solutions are provided for lifestyle retail brands.
wizcommerce.com2020Bengaluru, India$13.54M73
AI-powered sales and ecommerce solutions for wholesalers and distributors
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Detailed competitors of Kneady

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  • Full competitor set
  • Operating metrics
  • Benchmarks
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Verified entity values are shown only after access is granted.

Top companies in Food & Beverage Platforms

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform food ordering and delivery service
2008Gurugram, Haryana, IndiaUSD 1.69 BUSD 5.94 B6,750
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.51 B4,488
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
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Frequently Asked Questions about Kneady

Kneady was founded in 2021 and raised its 1st funding round 1 year after it was founded.

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

Kneady is a funded company, having raised a total of $262.74K across 1 funding round to date. The company's 1st funding round was a Seed of $262.74K, raised on Apr 2022.

Kneady has 1 employees.

The primary company behind Kneady, Kneady Retail Technologies Private Limited, reported revenue of β‚Ή6.68 Cr for FY 2023, up 15476% year on year.

Kneady was established in 2021 in Bengaluru, India, within the food services sector. Marketplace platforms are offered to link hotels, restaurants, and catering operations for the purchase and sale of goods. Features such as quality management, inventory tracking, procurement processes, capital oversight, and ingredients sourcing are integrated into the solutions. Operations focus on streamlining supply chain activities for these businesses.

Kneady's top competitors include WizCommerce, Isthara and 6Degree.

Kneady has 3 investors. Key investors include 1Digi Investment Management, Ramprasadh Kothandaraman, and Pravin Kumar Agarwala.

The valuation of Kneady is $1.2M as of Apr 2022.

Kneady operates through Kneady Retail Technologies Private Limited.

The legal entities of Kneady currently have 2 directors, including Seemanta Baruah, Prashant Kunal.

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