Lifetree Convergence

Gurugram, India Founded: 2000 • Age: 26 yrs Acquired By Tecnomen
Integrated convergence solutions are provided in the Indian market.
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About Lifetree Convergence

Lifetree Convergence is a Consumer company based in Gurugram (India) founded in 2000, and was acquired by Tecnomen in December 2008. It operates as an integrated convergence solutions are provided in the Indian market. The company has 703 employees. Its chief executive is Atul Chopra. Its Indian entity Tecnotree Convergence Private Limited reported revenue of ₹216 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Snacks. Its competitors include Yoga Bar, Mondelez International, True Elements, Unibic and Cavinkare and 3 more; 5 of its 8 listed competitors have raised funding.

Company details

Lifetree Convergence was established in 2000 and is headquartered in Gurugram, India. Leadership is provided by CEO and MD Atul Chopra. The company operates within the technology sector, emphasizing convergence services such as system integration and solutions development. Its online presence is maintained through the domain lifetreeindia.com. Further specifics on services or expanded geographic operations remain undisclosed.

Operational Areas
Consumer → Food & Beverage Products & Processing
Key Metrics

Funding Insights of Lifetree Convergence

  • Total Rounds 1
  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2009–Series A––
IFC
Valuation history

2 investors in total: 2 institutional.

Investors in Lifetree Convergence

Lifetree Convergence has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation and Tecnomen.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
International Finance Corporation
IFC is focused on private sector development in emerging markets.
1956ifc.org-
Tecnomen
-
–tecnomen.com-
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Investor details for Lifetree Convergence

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Board of directors of Tecnotree Convergence Private Limited (Lifetree Convergence)

Tecnotree Convergence Private Limited is the primary company behind Lifetree Convergence. The board of Tecnotree Convergence Private Limited currently have 2 directors; the longest-serving is Kunjur Ananthanarayana Upadhyaya, appointed in 2019. 28 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kunjur Ananthanarayana Upadhyaya
DIN 03292045
Whole-time director22 Oct 20196 yrs 11 moTecnotree Convergence Private Limited
Anuj Dabral
DIN 08017612
Director18 Jan 20233 yrs 9 moTecnotree Convergence Private Limited

People of Lifetree Convergence

1 people are tracked at Lifetree Convergence (1 in leadership); the tracked headcount is 703.

NameRoleGroup
Atul Chopra
CEO & MDLeadership
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Complete people profiles for Lifetree Convergence

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Financials of Lifetree Convergence

Figures of Tecnotree Convergence Private Limited, the primary company behind Lifetree Convergence, for FY 2024. Revenue was ₹216 Cr (+16% year on year). Net profit was ₹12.49 Cr (6% margin). EBITDA was ₹15.82 Cr (7% margin). Revenue has grown at a compounded annual rate of +27% over three years and +11% over five years.

  • ₹216 CrRevenue · FY 2024 · +16% YoY
  • ₹12.49 CrNet profit · 6% margin
  • ₹15.82 CrEBITDA · 7% margin
  • ₹9.82 CrPaid-up capital
  • 703Employees (provident fund records)
  • +27%Revenue CAGR, 3 years
  • +11%Revenue CAGR, 5 years

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

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Detailed financial statements for Lifetree Convergence

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  • Downloads

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Timeline of Lifetree Convergence

3 dated milestones of Lifetree Convergence across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lifetree Convergence is founded.
  2. Exit Acquired by Tecnomen.
  3. Funding First funding round.

Competitors of Lifetree Convergence

Lifetree Convergence has 8 listed competitors in our database, 5 of them funded. They include Yoga Bar, Mondelez International, True Elements, Unibic and Cavinkare, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Yoga Bar
yogabars.in2014Bengaluru, India$23.62M257
Protein-based food products are offered via an online platform.
Mondelez International
mondelezinternational.com2012Chicago, United States–6
Multi-category convenience foods are produced and distributed globally.
True Elements
true-elements.com2013Pune, India$3.38M580
Health snacks and supplements are manufactured and marketed.
Unibic
unibicfoods.com2004Bengaluru, India$22.19M402
Multi-category snacks are manufactured and distributed by Unibic brand.
Cavinkare
cavinkare.com1983Chennai, India$45M2,526
Multicategory convenience food products are offered as an internet-first brand.
Chings Secret
chingssecret.com1996Mumbai, India–24
Private label brand for Indo-Chinese fusion food
Nourish You
nourishyou.in2014Hyderabad, India$5.69M1
Plant-based food products are offered online by Nourish You.
Haldiram Foods International
haldirams.com1937Nagpur, India–4,293
Offers traditional Indian sweets, namkeen, dry fruits, and beverages for online purchase and delivery.
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Detailed competitors of Lifetree Convergence

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Top companies in Food & Beverage Products & Processing

10 companies that operate in the same segment as Lifetree Convergence (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Country Delight
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Vital Farms
Hens and cattle are reared to supply eggs and butter.
2007Austin, Texas, United StatesUSD 49.96 MUSD 759.44 M598
Blue Tokai Coffee Roasters
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Panera Bread
Provider of bakery-cafe services and a loyalty program
1987St. Louis, Missouri, United StatesUSD 145.61 M––
Licious
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 97.26 M2,828
Sweet Karam Coffee
Dry snacks and coffee are manufactured and distributed.
2015Chennai, Tamil Nadu, IndiaUSD 16.52 MUSD 208 K29
PepsiCo
Food, snacks, and beverages are produced and distributed globally.
1898Purchase, New York, United States–USD 93.92 B319,000
Akshayakalpa Organic
Multi-category organic dairy products are offered online.
2010Tiptur, Karnataka, IndiaUSD 58.15 MUSD 23.34 M810
The Whole Truth Foods
Packaged food products are offered through an online platform.
2019Mumbai, Maharashtra, IndiaUSD 37.6 MUSD 4.41 M168
Nestlé
Multi-category food and beverage products are produced and distributed globally.
1866Vevey, Vaud, Switzerland–USD 2.36 B16,250
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Frequently Asked Questions about Lifetree Convergence

Lifetree Convergence was founded in 2000 and raised its 1st funding round 9 years after it was founded.

Lifetree Convergence is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Atul Chopra is the current CEO of Lifetree Convergence.

Lifetree Convergence has 703 employees.

The primary company behind Lifetree Convergence, Tecnotree Convergence Private Limited, reported revenue of ₹216 Cr for FY 2024, up 16% year on year.

Lifetree Convergence was established in 2000 and is headquartered in Gurugram, India. Leadership is provided by CEO and MD Atul Chopra. The company operates within the technology sector, emphasizing convergence services such as system integration and solutions development. Its online presence is maintained through the domain lifetreeindia.com. Further specifics on services or expanded geographic operations remain undisclosed.

Lifetree Convergence's top competitors include Yoga Bar, Cavinkare and Mondelez International.

Lifetree Convergence has 2 investors. Key investors include International Finance Corporation, and Tecnomen.

Lifetree Convergence operates through Tecnotree Convergence Private Limited.

Yes. Lifetree Convergence was acquired by Tecnomen in December 2008.

The legal entities of Lifetree Convergence currently have 2 directors, including Kunjur Ananthanarayana Upadhyaya, Anuj Dabral.

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