About Lo! Foods
Lo! Foods is a Consumer company based in Bengaluru (India) founded in 2018 by Sudarshan Gangrade. Low-carb, nutrient-dense functional foods are provided online for ketogenic diets. It operates in the Consumer and Retail sectors. Lo! Foods has raised $9.85 million across 13 funding rounds from investors including Venture Catalysts, Mount Judi Ventures and Ecosystem Ventures. The company has 59 employees. Lo! Foods was last valued at $17.27 million in April 2025. Its website lofoods.fit draws about 49 thousand monthly visits. Its Indian entity Bajo Foods Private Limited reported revenue of ₹23.64 Cr. Lo! Foods offers products and services including Keto Flours, Keto Snacks, Keto Cookies, and Protein Atta. Its focus areas include Food and Agriculture, Food & Beverage Products, Multi-category and Internet First Brand. Its competitors include Yoga Bar, Open Secret and True Elements; 3 of its 3 listed competitors have raised funding.
Company details
Lo! Foods was founded in 2018 in Bengaluru, India, as an online brand in the functional foods sector. A range of products, including flours, snacks, cookies, and chocolates, is produced to support low-carb and nutrient-dense dietary requirements, particularly for ketogenic lifestyles. Operations are centered on direct-to-consumer sales through its domain, lofoods.fit, with a focus on specialized nutrition needs.
- Headquarters Bengaluru, India
- Employees 59
- Founders Sudarshan Gangrade
- Stage Minicorn
- SectorsConsumerRetail
- Website category Food and Drink · Restaurants and Delivery
- Email••••••••
- Phone•••• ••••
- Website lofoods.fit
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Bajo Foods Private Limited
- Date of Incorporation 07 Sep, 2018
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹23.64 Cr
FY 2024 · +61% YoY
- Net Loss-₹8.10 Cr
FY 2024 · -34% margin
- EBITDA-₹7.98 Cr
FY 2024 · -34% margin
- Total Equity Funding$9.85M (USD)
in 13 rounds
- Latest Funding Round$1.79M (USD), Series A
Apr 2025
- InvestorsVenture Catalysts
& 74 more
- Employee Count59
Associated legal entities of Lo! Foods
Lo! Foods operates through Bajo Foods 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 |
|---|---|---|---|---|---|---|---|
| Bajo Foods Private Limited CIN U15100KA2018PTC116131 | Active | 07 Sep 2018 | Bengaluru, Karnataka | ₹23.6 Cr | 59 | 3 | View details |
Products & Services of Lo! Foods
Lo! Foods offers a comprehensive portfolio of products and services, including Keto Flours, Keto Snacks, Keto Cookies, and Protein Atta.
Low-carb flour alternatives for ketogenic diets
Nutrient-dense snacks to maintain ketosis
Sweet, low-carb treats for keto lifestyles
High-protein, low-carb flour for daily use
Apps and channels of Lo! Foods
its YouTube channel Lo! Foods has 348 subscribers and 19 videos.
Videos from Lo! Foods
The most watched videos on Lo! Foods's YouTube channel, Lo! Foods (348 subscribers). Click a video to play it here.
More on Lo! Foods.
Funding Insights of Lo! Foods
Lo! Foods has successfully raised a total of $9.85M across 13 strategic funding rounds. The most recent funding activity was a Series A round of $1.79 million completed in April 2025. 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 $9.85M
- Total Rounds 13
- Last Round Series A — $1.79M
- First Round $500,000
(Dec 2018)
- Investors Count 75
Latest 10 of 13 funding rounds of Lo! Foods 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 |
|---|---|---|---|---|---|
| Apr 2025 | $1.79M | Series A | $17.27M | Rainmatter | |
| Jul 2024 | $1.16M | Series A | $15.71M | Desai Shaival Mayurbhai, Cc Cornerstone Sub Fund | |
| Dec 2023 | $803,598 | Series A | $••••• | Waimea Bay Advisors, Mount Judi Ventures | |
| Apr 2023 | $495,917 | Series A | $••••• | Simaaj Enterprise, Mount Judi Ventures | |
| Nov 2022 | $2M | Series A | – | Mount Judi Ventures | |
| Aug 2022 | $354,424 | Seed | $••••• | – | |
| Jun 2022 | $193,515 | Angel Round | $••••• | Dhiman Gupta | – |
| Mar 2022 | $198,050 | Seed | $••••• | Tanay Bharadwaj, Mayur Mukundbhai Desai | |
| Apr 2021 | $1M | Seed | $••••• | Chona Family Office | |
| Jan 2021 | $658,451 | Seed | $••••• | Ecosystem Ventures, KRS Jamwal |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2025 | $17.27M | •••••••• |
| Jul 2024 | $15.71M | •••••••• |
| Dec 2023 | $••••• | •••••••• |
| Apr 2023 | $••••• | •••••••• |
| Aug 2022 | $••••• | •••••••• |
| Jun 2022 | $••••• | •••••••• |
| Mar 2022 | $••••• | •••••••• |
| Apr 2021 | $••••• | •••••••• |
Full valuation and stage history of Lo! Foods
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $17.27M (Apr 2025). 75 investors in total: 19 institutional and 56 angel.
Investors in Lo! Foods
Lo! Foods has secured backing from 75 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, Mount Judi Ventures and Ecosystem Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in ethical businesses and high-growth sectors in India. | 2017 | mountjudi.com | Bengaluru, India | |
Single family office investments in private equity are managed. | chonafamilyoffice.com | Mumbai, India | ||
Investment and strategic support for startups are provided by Ecosystem Ventures. | 2018 | ecosystemventures.in | Indore, India | |
Investments are made in seed and early-stage startups. | ecosystemventures-ice.com | Saratoga, United States | ||
Single family office services are provided for Nisa Godrej. | Ahmedabad, India | |||
Early-stage tech companies are invested in by Icebreaker Tech. | Mumbai, India | |||
Venture debt firm | 2017 | samyakthcapital.com | Mumbai, India | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Indian fund focused on fintech, health, and climate initiatives. | rainmatter.com | Bengaluru, India | ||
Seed-stage investments are targeted by Anyaa Ventures in early startups. | Bengaluru, India |
Investor details for Lo! Foods
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 Bajo Foods Private Limited (Lo! Foods)
Bajo Foods Private Limited is the primary company behind Lo! Foods. The board of Bajo Foods Private Limited currently have 3 directors; the longest-serving is Jitesh Nautamlal Shah, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitesh Nautamlal Shah DIN 02132659 | Director | 07 Sep 2018 | 8 yrs 2 mo | Bajo Foods Private Limited |
| Sudarshan Gangrade DIN 08218160 | Director | 07 Sep 2018 | 8 yrs 2 mo | Bajo Foods Private Limited |
| Tiny Philip DIN 02146092 | Nominee Director | 18 May 2023 | 3 yrs 5 mo | Bajo Foods Private Limited |
People of Lo! Foods
1 people are tracked at Lo! Foods (1 in leadership); the tracked headcount is 59.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Lo! Foods
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 Lo! Foods
Figures of Bajo Foods Private Limited, the primary company behind Lo! Foods, for FY 2024. Revenue was ₹23.64 Cr (+61% year on year). Net loss was -₹8.10 Cr (-34% margin). EBITDA was -₹7.98 Cr (-34% margin). Revenue has grown at a compounded annual rate of +71% over three years and +253% over five years.
- ₹23.64 CrRevenue · FY 2024 · +61% YoY
- -₹8.10 CrNet loss · -34% margin
- -₹7.98 CrEBITDA · -34% margin
- ₹13.9 LakhPaid-up capital
- 59Employees (provident fund records)
- +71%Revenue CAGR, 3 years
- +253%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bajo Foods Private Limited are on its company page.
Detailed financial statements for Lo! Foods
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 Lo! Foods
4 dated milestones of Lo! Foods across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Lo! Foods is founded.
- Funding First funding round of $500K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.8M.
Competitors of Lo! Foods
Lo! Foods has 3 listed competitors in our database, 3 of them funded. They include Yoga Bar, Open Secret and True Elements.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yogabars.in | 2014 | Bengaluru, India | $23.62M | 257 | Protein-based food products are offered via an online platform. | |
| opensecret.in | 2019 | Mumbai, India | $14.18M | 85 | Healthy snacks and beverages are provided via an online platform. | |
| true-elements.com | 2013 | Pune, India | $3.38M | 580 | Health snacks and supplements are manufactured and marketed. |
Detailed competitors of Lo! Foods
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.
Web traffic of Lo! Foods
The website of Lo! Foods (lofoods.fit) receives about 49.1K visits a month and ranks #741,440 among all websites worldwide, #5,876 in Restaurants and Delivery.
- Monthly visits49.1K
▲ 16.9% vs previous month
- Unique visitors21.8K
per month
- Global rank#741,440
among all websites
- Category rank#5,876
Food and Drink · Restaurants and Delivery
- Bounce rate47%
- Pages per visit2.0
- Average visit21 sec
- DevicesDesktop 27% · Mobile 73%
Websites whose visitors overlap most with Lo! Foods. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
fitmeals.co.in | fitmeals.co.in | 100% | #3,043,579 | – | |
| thekenkolife.com | 97% | 26.3K | #729,361 | View details | |
| fooddarzee.com | 93% | 66.9K | #321,291 | View details | |
| getawaydesserts.com | 87% | 15.5K | #1,001,457 | View details | |
| artinci.com | 87% | 34.9K | #1,366,324 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Lo! Foods
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Lo! Foods (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 143.51 M | 2,828 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Lo! Foods
Complete news archive for Lo! Foods
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lo! Foods
Lo! Foods was founded in 2018.
Lo! Foods is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Lo! Foods is a funded company, having raised a total of $9.85M across 13 funding rounds to date. The company's 1st funding round was a Seed of $658.45K, raised on Dec 2018.
Lo! Foods has 59 employees.
The primary company behind Lo! Foods, Bajo Foods Private Limited, reported revenue of ₹23.64 Cr for FY 2024, up 61% year on year.
Lo! Foods was founded in 2018 in Bengaluru, India, as an online brand in the functional foods sector. A range of products, including flours, snacks, cookies, and chocolates, is produced to support low-carb and nutrient-dense dietary requirements, particularly for ketogenic lifestyles. Operations are centered on direct-to-consumer sales through its domain, lofoods.fit, with a focus on specialized nutrition needs.
Lo! Foods's top competitors include Yoga Bar, Open Secret and True Elements.
Lo! Foods offers Keto Flours, Keto Snacks, Keto Cookies, and Protein Atta.
Lo! Foods has 75 investors. Key investors include Venture Catalysts, Mount Judi Ventures, Ecosystem Ventures, KPB Family Trust, and Samyakth Capital.
The valuation of Lo! Foods is $17.27M as of Apr 2025.
Lo! Foods operates through Bajo Foods Private Limited.
The legal entities of Lo! Foods currently have 3 directors, including Jitesh Nautamlal Shah, Tiny Philip, Sudarshan Gangrade.