About Local Ferment Co
Local Ferment Co is a company based in Bengaluru (India) founded in 2019 by Akash Devaraju and Noopur Porwal. Local Ferment Co has raised $184.69 thousand across 1 funding round from investors including Under25 Club, Prathima Shashidhar and Ajey S Rao. The company has 1 employees as of March 28, 2024. Local Ferment Co offers products and services including Shrub Soda, Kombucha, Ginger Ale, Variety Packs, and Gifts & Curations. Local Ferment Co operates in a competitive market with competitors including O'cean Beverages, Slmg Beverages, Nothing Before Coffee, Parle Agro and Malaki, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 28 Mar, 2024
- Founders Akash Devaraju, Noopur Porwal
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Mad Men Ferments Private Limited
- Date of Incorporation 05 Jan, 2022
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$147.73 K (USD)0as on Mar 31, 2023
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Net Profit
-$110.11 K (USD)0as on Mar 31, 2023
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EBITDA
-$105.95 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$184.69 K (USD)
in 1 rounds
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Latest Funding Round
$184.69 K (USD), Seed
Jun 17, 2022
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Investors
Under25 Club
& 12 more
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Employee Count
1
as on Mar 28, 2024
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Products & Services of Local Ferment Co
Local Ferment Co offers a comprehensive portfolio of products and services, including Shrub Soda, Kombucha, Ginger Ale, Variety Packs, and Gifts & Curations.
Natural fruit soda made with real ingredients for guilt-free refreshment.
Probiotic fermented tea infused with real fruits for gut health benefits.
Classic refresher brewed with real ginger for a punchy, natural flavor.
Collection of assorted natural drinks for sampling different flavors.
Customized baskets of beverages for gifting and special occasions.
Funding Insights of Local Ferment Co
Local Ferment Co has successfully raised a total of $184.69K through 1 strategic funding round. The most recent funding activity was a Seed round of $184.69 thousand completed in June 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.
Investors in Local Ferment Co
Local Ferment Co has secured backing from 13 investors, including institutional and angel investors. Prominent investors backing the company include Under25 Club, Prathima Shashidhar and Ajey S Rao.
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Prathima Shashidhar |
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Ajey S Rao |
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Investor details for Local Ferment Co
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Investments & Acquisitions by Local Ferment Co
Investment portfolio details for Local Ferment Co
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Financial Statements - Local Ferment Co
Detailed financials for Local Ferment Co
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Local Ferment Co Comparisons
Peer comparison for Local Ferment Co
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Competitors of Local Ferment Co
Local Ferment Co 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 O'cean Beverages, Slmg Beverages, Nothing Before Coffee, Parle Agro and Malaki, among others.
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Brand of energy drinks and flavored water products
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Sparkling water, sodas, juices, and other beverages are supplied.
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Internet-first coffees are offered in diverse hot and cold flavors.
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Multi-category beverages and snacks are offered by the brand.
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Natural non-alcoholic beverages are offered via an internet-first brand.
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Internet first brand of herb-infused juices
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Detailed competitors of Local Ferment Co
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Latest news on Local Ferment Co
Complete news archive for Local Ferment Co
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Frequently Asked Questions about Local Ferment Co
Local Ferment Co was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Local Ferment Co is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Akash Devaraju is the current CEO of Local Ferment Co. They have also founded this company.
Local Ferment Co is a funded company, having raised a total of $184.69K across 1 funding round to date.
As of Mar 28, 2024, the latest employee count at Local Ferment Co is 1.
Annual revenue of Local Ferment Co is $147.73K as on Mar 31, 2023.
Local Ferment Co was established in 2019 in Bengaluru, India, within the beverage sector. A range of multicategory beverages is produced and marketed by the company, emphasizing fermentation-based products. Operations are centered on product development and distribution across India. Leadership is provided by co-founders Akash Devaraju as CEO and Noopur Porwal, with regulatory details including DIN and PAN numbers maintained for compliance.
Local Ferment Co's top competitors include O'cean Beverages, Slmg Beverages and Nothing Before Coffee.
Local Ferment Co offers Shrub Soda, Kombucha, Ginger Ale, Variety Packs, and Gifts & Curations.
Local Ferment Co has 13 investors. Key investors include Under25 Club, Prathima Shashidhar, Ajey S Rao, Anand Balaji, and Gaurav Joshua Vaz.
The valuation of Local Ferment Co is $642.85K as of Jun 2022.