About Loyka
Loyka is a company based in Mumbai (India) founded in 2016 by Aditya Kagliwal and Aanchal Loya.. Loyka has raised $2.28 million across 6 funding rounds from investors including TSM Ventures, Rajiv J Shah and Aakash Y Shah. The company has 270 employees as of April 04, 2024. Loyka offers products and services including Almond Brittle, Choco Dates, BrowWow Brownie, and Cashew Brittle. Loyka operates in a competitive market with competitors including Yoga Bar, True Elements, Nourish You, Eat Better and Lo! Foods, among others.
- Headquarter Mumbai, India
- Employees 270 as on 04 Apr, 2024
- Founders Aditya Kagliwal, Aanchal Loya
- 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
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- Legal Name August Assortments Private Limited
- Date of Incorporation 27 May, 2019
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$3.45 M (USD)59.7as on Mar 31, 2023
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Net Profit
$33.9 K (USD)116.14as on Mar 31, 2023
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EBITDA
$154.69 K (USD)183.8as on Mar 31, 2023
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Total Equity Funding
$2.28 M (USD)
in 6 rounds
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Latest Funding Round
$1.1 M (USD), Seed
May 16, 2024
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Investors
TSM Ventures
& 12 more
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Employee Count
270
as on Apr 04, 2024
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Products & Services of Loyka
Loyka offers a comprehensive portfolio of products and services, including Almond Brittle, Choco Dates, BrowWow Brownie, and Cashew Brittle. 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.
Almond-based brittle for indulgent snacking and gifting purposes
Chocolate-covered dates offering sweet treats for consumers
Soft chocolate brownies suitable for individual or gifting use
Cashew-based brittle as a premium snack option
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Funding Insights of Loyka
Loyka has successfully raised a total of $2.28M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in May 2024. 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 6
- Last Round Seed — $1.1M
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First Round
First Round
(01 Sep 2020)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Loyka | Valuation | TSM Ventures | |
| Oct, 2023 | Amount | Seed - Loyka | Valuation | Morpheus Ananta | |
| Mar, 2023 | Amount | Seed - Loyka | Valuation | TSM Ventures , Get Smart Consultants |
| 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 Loyka
Loyka has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include TSM Ventures, Rajiv J Shah and Aakash Y Shah. 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 firm focused on tech companies and real estate firm
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Founded Year | Domain | Location | |
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Limited information available
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Founded Year | Domain | Location | |
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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 Loyka
| 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 - Loyka
| 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 |
Loyka Comparisons
Competitors of Loyka
Loyka 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, True Elements, Nourish You, Eat Better and Lo! Foods, 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 |
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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| domain | founded_year | HQ Location |
Low-carb, nutrient-dense functional foods are provided online for ketogenic diets.
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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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Frequently Asked Questions about Loyka
When was Loyka founded?
Loyka was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Loyka located?
Loyka is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Loyka a funded company?
Loyka is a funded company, having raised a total of $2.28M across 6 funding rounds to date. The company's 1st funding round was a Seed of $254.44K, raised on Sep 01, 2020.
How many employees does Loyka have?
As of Apr 04, 2024, the latest employee count at Loyka is 270.
What is the annual revenue of Loyka?
Annual revenue of Loyka is $3.45M as on Mar 31, 2023.
What does Loyka do?
Loyka was established in 2016 in Mumbai, India, as an internet-first brand within the confectionery sector. Operations focus on direct-to-consumer sales through an online platform. The catalog features chocolates, festive gift boxes, almond brittles, nut and chocolate delicacies, chocolate gifts, almond cookie boxes, hazelnut chocolate boxes, caramel date boxes, and additional items. Distribution occurs primarily in India.
Who are the top competitors of Loyka?
Loyka's top competitors include Yoga Bar, Lo! Foods and Eat Better.
What products or services does Loyka offer?
Loyka offers Almond Brittle, Choco Dates, BrowWow Brownie, and Cashew Brittle.
Who are Loyka's investors?
Loyka has 13 investors. Key investors include TSM Ventures, Rajiv J Shah, Aakash Y Shah, Sanjeev Shah, and Krishna V Iyer.
What is Loyka's valuation?
The valuation of Loyka is $19.07M as of May 2024.
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