About Local Ferment Co
Local Ferment Co is a Consumer company based in Bengaluru (India) founded in 2019 by Akash Devaraju and Noopur Porwal. Multicategory beverages are branded and distributed by Local Ferment Co. 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. Local Ferment Co was last valued at $642.85 thousand in June 2022. Its chief executive, as recorded, is Akash Devaraju. Its Indian entity Mad Men Ferments Private Limited reported revenue of ₹82.5 Lakh. Local Ferment Co offers products and services including Shrub Soda, Kombucha, Ginger Ale, Variety Packs, and Gifts & Curations. Its focus areas include Food and Agriculture, Food & Beverage Products, Beverages and Multi-category. Its competitors include O'cean Beverages, Slmg Beverages and Nothing Before Coffee; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 1
- Founders Akash Devaraju, Noopur Porwal
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website localfermentco.in
- Social LinkedIn X Instagram YouTube
- Legal Name Mad Men Ferments Private Limited
- Date of Incorporation 05 Jan, 2022
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹82.5 Lakh
FY 2024 · -33% YoY
- Net Loss-₹36.9 Lakh
FY 2024 · -45% margin
- EBITDA-₹67.9 Lakh
FY 2024 · -82% margin
- Total Equity Funding$184.69K (USD)
in 1 rounds
- Latest Funding Round$184.69K (USD), Seed
Jun 2022
- InvestorsUnder25 Club
& 12 more
- Employee Count1
Associated legal entities of Local Ferment Co
Local Ferment Co operates through Mad Men Ferments 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 |
|---|---|---|---|---|---|---|---|
| Mad Men Ferments Private Limited CIN U15200KA2022PTC156331 | Active | 05 Jan 2022 | Bangalore, Karnataka | ₹0.8 Cr | 2 | View details |
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.
Apps and channels of Local Ferment Co
its YouTube channel Local Ferment Co has 27 subscribers and 3 videos.
Videos from Local Ferment Co
The most watched videos on Local Ferment Co's YouTube channel, Local Ferment Co (27 subscribers). Click a video to play it here.
More on Local Ferment Co.
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.
- Total Funding $184,693
- Total Rounds 1
- Last Round Seed — $184,693
- First Round $184,693
(Jun 2022)
- Investors Count 13
All 1 funding rounds of Local Ferment Co 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 |
|---|---|---|---|---|---|
| Jun 2022 | $184,693 | Seed | $642,846 | Prathima Shashidhar, Ajey S Rao |
Last known valuation $642,846 (Jun 2022). 13 investors in total: 1 institutional and 12 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online social platform for content creators | 2012 | under25.club | Bengaluru, India | |
PS Prathima Shashidhar | unknown_26d48f6051754bd09 | |||
AS Ajey S Rao | unknown_81c28134185a400eb | |||
AB Anand Balaji | Angel investor and tech leader, ex-Amazon, focused on Indian startups | unknown_282f3376617747aab | ||
GJ Gaurav Joshua Vaz | unknown_3a2bdd7938404f19a | |||
AB Ashwin Bhatnagar | Angel investor and entrepreneur, focused on tech startups in India. | unknown_fc4972e7e94149798 | ||
VA Vishal Anand Patkar | unknown_f0b39c0166a24298b | |||
VK Vinod Kumar Shankar | unknown_2ca3c7c482934ebdb | |||
AT Albina Theresia Vaz | unknown_476ccacf5150467ba | |||
VS Vinoth Shankaran | unknown_8182d0ff114c4021b |
Investor details for Local Ferment Co
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Mad Men Ferments Private Limited (Local Ferment Co)
Mad Men Ferments Private Limited is the primary company behind Local Ferment Co. The board of Mad Men Ferments Private Limited currently have 2 directors; the longest-serving is Akash Devaraju, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akash Devaraju DIN 07556659 | Director | 05 Jan 2022 | 4 yrs 10 mo | Mad Men Ferments Private Limited |
| Noopur Porwal DIN 09481632 | Director | 23 Feb 2022 | 4 yrs 8 mo | Mad Men Ferments Private Limited |
People of Local Ferment Co
2 people are tracked at Local Ferment Co (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Local Ferment Co
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 Local Ferment Co
Figures of Mad Men Ferments Private Limited, the primary company behind Local Ferment Co, for FY 2024. Revenue was ₹82.5 Lakh (-33% year on year). Net loss was -₹36.9 Lakh (-45% margin). EBITDA was -₹67.9 Lakh (-82% margin).
- ₹82.5 LakhRevenue · FY 2024 · -33% YoY
- -₹36.9 LakhNet loss · -45% margin
- -₹67.9 LakhEBITDA · -82% margin
- ₹14,340Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mad Men Ferments Private Limited are on its company page.
Detailed financial statements for Local Ferment Co
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Local Ferment Co
2 dated milestones of Local Ferment Co across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Local Ferment Co is founded.
- Funding First funding round of $185K.
Competitors of Local Ferment Co
Local Ferment Co has 3 listed competitors in our database, 3 of them funded. They include O'cean Beverages, Slmg Beverages and Nothing Before Coffee.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oceanbeverages.in | 2015 | Mumbai, India | $9.44M | 96 | Brand of energy drinks and flavored water products | |
| slmgbeverages.com | 2019 | Lucknow, India | $12.64M | 2,380 | Sparkling water, sodas, juices, and other beverages are supplied. | |
| nothingbeforecoffee.com | 2017 | Jaipur, India | $2.61M | 298 | Internet-first coffees are offered in diverse hot and cold flavors. |
Detailed competitors of Local Ferment Co
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 Local Ferment Co
The website of Local Ferment Co (localfermentco.in) receives about 4K visits a month.
- Monthly visits4K
▲ 29.7% vs previous month
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Local Ferment Co (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 |
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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 CEO of Local Ferment Co, as recorded in our data. 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. The company's 1st funding round was a Seed of $184.69K, raised on Jun 2022.
Local Ferment Co has 1 employees.
The primary company behind Local Ferment Co, Mad Men Ferments Private Limited, reported revenue of ₹82.5 Lakh for FY 2024, down 33% year on year.
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.
Local Ferment Co operates through Mad Men Ferments Private Limited.