About Masala Box
Masala Box is a company based in Kochi (India) founded in 2014 by Liya Verghese and Harsha Thachery was acquired by Curefoods in October 2021. Masala Box has raised $749.01 thousand across 3 funding rounds from investors including Curefoods, Bipin Ramchandra Kurup and John J Nereyath. The company has 23 employees as of April 06, 2024. Masala Box operates in a competitive market with competitors including HolaChef, TinMen, cloudChef, Eatfresh and Caterspoint, among others.
- Headquarter Kochi, India
- Employees 23 as on 06 Apr, 2024
- Founders Liya Verghese, Harsha Thachery
- Stage Minicorn
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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 Masalabox Food Network Private Limited
- Date of Incorporation 07 Aug, 2014
- Jurisdiction Ernakulam, Kerala, India
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Annual Revenue
$275.34 K (USD)25.8as on Mar 31, 2022
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Net Profit
-$373.46 K (USD)-144.52as on Mar 31, 2022
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EBITDA
-$367.05 K (USD)-90.06as on Mar 31, 2022
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Total Equity Funding
$749.01 K (USD)
in 3 rounds
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Latest Funding Round
$469.53 K (USD), Seed
Dec 26, 2019
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Investors
Curefoods
& 32 more
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Employee Count
23
as on Apr 06, 2024
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Acquired by
Curefoods
(Oct 22, 2021)
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Funding Insights of Masala Box
Masala Box has successfully raised a total of $749.01K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $469.53 thousand completed in December 2019. 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 3
- Last Round Seed — $469,528
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First Round
First Round
(11 Jul 2015)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Masala Box | Valuation | Bipin Ramchandra Kurup , Nishant John Nereyeth | |
| Nov, 2017 | Amount | Seed - Masala Box | Valuation | Anub Cp , Saji Sadasivan | |
| Jul, 2015 | Amount | Seed - Masala Box | Valuation | Liya Susan Thampi , Thomas George |
Investors in Masala Box
Masala Box has secured backing from 33 investors, including angel and institutional investors. Prominent investors backing the company include Curefoods, Bipin Ramchandra Kurup and John J Nereyath.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Cloud kitchens are operated and food brands are incubated technologically.
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Founded Year | Domain | Location | |
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BR
Bipin Ramchandra Kurup |
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|
Founded Year | Domain | Location |
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JJ
John J Nereyath |
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Founded Year | Domain | Location |
Investments & Acquisitions by Masala Box
Financial Statements - Masala Box
Masala Box Comparisons
Competitors of Masala Box
Masala Box 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 HolaChef, TinMen, cloudChef, Eatfresh and Caterspoint, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace offers chef prepared meals
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| domain | founded_year | HQ Location |
Offers a mobile app for convenient lunch subscription services.
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| domain | founded_year | HQ Location |
Chef-prepared meals are discovered and ordered via an online platform.
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| domain | founded_year | HQ Location |
Online marketplace for chef prepared food
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| domain | founded_year | HQ Location |
Healthy low-calorie meals are ordered via an online portal.
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Latest news on Masala Box
Frequently Asked Questions about Masala Box
Masala Box was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Masala Box is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Harsha Thachery is the current CEO of Masala Box. They have also founded this company.
Masala Box is a funded company, having raised a total of $749.01K across 3 funding rounds to date. The company's 1st funding round was a Seed of $90.29K, raised on Jul 11, 2015.
As of Apr 06, 2024, the latest employee count at Masala Box is 23.
Annual revenue of Masala Box is $275.34K as on Mar 31, 2022.
Masala Box was founded in 2014 in Kochi, India, as an online marketplace connecting users with chefs for homemade tiffin delivery. Orders are placed through the platform, with meals packaged in plant-based biodegradable trays and recycled paper or plastic materials. The service operates within the food delivery sector, focusing on home-cooked options for local customers.
Masala Box has 33 investors. Key investors include Curefoods, Bipin Ramchandra Kurup, John J Nereyath, Ravindra Varma K R, and Nishant John Nereyeth.
The valuation of Masala Box is $2.95M as of Dec 2019.