About Lo! Foods
Lo! Foods is a company based in Bengaluru (India) founded in 2018 by Sudarshan Gangrade.. 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 as of March 30, 2024. Lo! Foods offers products and services including Keto Flours, Keto Snacks, Keto Cookies, and Protein Atta. Lo! Foods operates in a competitive market with competitors including Yoga Bar, Open Secret, True Elements, Nourish You and Eat Better, among others.
- Headquarter Bengaluru, India
- Employees 59 as on 30 Mar, 2024
- Founders Sudarshan Gangrade
- Stage Minicorn
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bajo Foods Private Limited
- Date of Incorporation 07 Sep, 2018
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$1.76 M (USD)47.15as on Mar 31, 2023
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Net Profit
$-872.91 K (USD)-66.13as on Mar 31, 2023
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EBITDA
$-858.89 K (USD)-65.42as on Mar 31, 2023
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Total Equity Funding
$9.85 M (USD)
in 13 rounds
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Latest Funding Round
$1.79 M (USD), Series A
Apr 09, 2025
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Investors
Venture Catalysts
& 74 more
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Employee Count
59
as on Mar 30, 2024
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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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 Total Funding
- Total Rounds 13
- Last Round Series A — $1.8M
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First Round
First Round
(19 Dec 2018)
- Investors Count 75
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - Lo! Foods | Valuation | Rainmatter | |
| Jul, 2024 | Amount | Series A - Lo! Foods | Valuation | Desai Shaival Mayurbhai , Cc Cornerstone Sub Fund | |
| Dec, 2023 | Amount | Series A - Lo! Foods | Valuation | Waimea Bay Advisors , Mount Judi Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in ethical businesses and high-growth sectors in India.
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Founded Year | Domain | Location | |
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Single family office investments in private equity are managed.
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Founded Year | Domain | Location | |
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Investment and strategic support for startups are provided by Ecosystem Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lo! Foods
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lo! Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lo! Foods Comparisons
Competitors of Lo! Foods
Lo! Foods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yoga Bar, Open Secret, True Elements, Nourish You and Eat Better, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Protein-based food products are offered via an online platform.
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| domain | founded_year | HQ Location |
Healthy snacks and beverages are provided via an online platform.
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| domain | founded_year | HQ Location |
Health snacks and supplements are manufactured and marketed.
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| domain | founded_year | HQ Location |
Plant-based food products are offered online by Nourish You.
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| domain | founded_year | HQ Location |
Multi-category healthy products are offered through an internet-first brand.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lo! Foods
Frequently Asked Questions about Lo! Foods
When was Lo! Foods founded?
Lo! Foods was founded in 2018.
Where is Lo! Foods located?
Lo! Foods is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Lo! Foods a funded company?
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 Series A of $803.6K, raised on Dec 19, 2018.
How many employees does Lo! Foods have?
As of Mar 30, 2024, the latest employee count at Lo! Foods is 59.
What is the annual revenue of Lo! Foods?
Annual revenue of Lo! Foods is $1.76M as on Mar 31, 2023.
What does Lo! Foods do?
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.
Who are the top competitors of Lo! Foods?
Lo! Foods's top competitors include Yoga Bar, Open Secret and Eat Better.
What products or services does Lo! Foods offer?
Lo! Foods offers Keto Flours, Keto Snacks, Keto Cookies, and Protein Atta.
Who are Lo! Foods's investors?
Lo! Foods has 75 investors. Key investors include Venture Catalysts, Mount Judi Ventures, Ecosystem Ventures, KPB Family Trust, and Samyakth Capital.
What is Lo! Foods's valuation?
The valuation of Lo! Foods is $17.27M as of Apr 2025.
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