MealTango

Pune, India Founded: 2013 • Age: 13 yrs Minicorn
Offers culinary events and services directly at peoples homes.

About MealTango

MealTango was a Consumer company based in Pune (India) founded in 2013 by Saket Khanna and Neeta Valecha. It offers culinary events and services directly at peoples homes. It operates on a B2C model. MealTango has raised $312.48 thousand across 4 funding rounds from investors including Brand Capital, Arjun Nohwar and Arun Kandaswamy. MealTango was last valued at $3.18 million in January 2018. The company is recorded as dissolved. Its focus areas include Hospitality, Events and Catering, Culinary Services and Home Events. Its legal entity in India is Albatross Innovations Private Limited (U72200PN2013PTC146254). Its competitors include DoorNo, BiteTogether and Platehopper.

Company details

MealTango, backed by 312479.0 from Brand Capital, Arjun Nohwar, Arun Kandaswamy, Dimitris Economou, Man Tat Luk, Vipul Gautam, Devidas Desai, Bikram Chandra, Raman Bedi, Kushagra Tiwari, Nithya Shanti, Malcom Mills, Sanjay Jindal, Vaibhav Domkundwar, Anbarasu Srinivasan, Kiran Jindal, Raman Bedi, Shravan Shroff, focuses on offering hospitality services, events and catering, culinary services, and home events. Offers culinary events and services directly at peoples homes. Driving innovation, growth, and excellence in

  • Headquarters Pune, India
  • Founders Saket Khanna, Neeta Valecha
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website mealtango.com
  • Social X Facebook
  • Legal Name Albatross Innovations Private Limited
  • Date of Incorporation 15 Feb, 2013
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹51,430

    FY 2023

  • Net Profit
    ₹51,430

    FY 2023 · 100% margin

  • EBITDA
    ₹51,430

    FY 2023 · 100% margin

  • Total Equity Funding
    $312.48K (USD)

    in 4 rounds

  • Latest Funding Round
    $172.84K (USD), Angel Round

    Jan 2018

  • Investors

Funding Insights of MealTango

MealTango has successfully raised a total of $312.48K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $172.84 thousand completed in January 2018. 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 $312,479
  • Total Rounds 4
  • Last Round Angel Round β€” $172,843
  • First Round $34,792

    (Nov 2013)

  • Investors Count 18

All 4 funding rounds of MealTango with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2018$172,843Angel Round$3.18MBrand Capital
Jul 2015$42,092Angel Round$1.09MVipul Gautam
Jun 2014$62,752Angel Round$β€’β€’β€’β€’β€’Man Tat Luk
Nov 2013$34,792Angel Round$β€’β€’β€’β€’β€’Man Tat Luk
Valuation history
DateValuationStage
Jan 2018$3.18Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2015$1.09Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.18M (Jan 2018). 18 investors in total: 1 institutional and 17 angel.

Investors in MealTango

MealTango has secured backing from 18 investors, including venture fund and angel investors. Prominent investors backing the company include Brand Capital, Arjun Nohwar and Arun Kandaswamy.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India

Arjun Nohwar

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Arun Kandaswamy

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Dimitris Economou

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Man Tat Luk

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Vipul Gautam

unknown_9811c580d09941f7a

Devidas Desai

unknown_8013d873e2ef4b4a8

Bikram Chandra

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Raman Bedi

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Kushagra Tiwari

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Investor details for MealTango

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Albatross Innovations Private Limited (MealTango)

Albatross Innovations Private Limited is the primary company behind MealTango. The board of Albatross Innovations Private Limited currently have 2 directors; the longest-serving is Saket Khanna, appointed in 2013.

DirectorDesignationAppointedTenureEntity
Saket Khanna
DIN 06446521
Director15 Feb 201313 yrs 8 moAlbatross Innovations Private Limited
Neeta Valecha
DIN 06446526
Director15 Feb 201313 yrs 8 moAlbatross Innovations Private Limited

People of MealTango

2 people are tracked at MealTango (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-Founder, CXOLeadership
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Complete people profiles for MealTango

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  • Team structure
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Verified entity values are shown only after access is granted.

Financials of MealTango

Figures of Albatross Innovations Private Limited, the primary company behind MealTango, for FY 2023. Revenue was ₹51,430. Net profit was ₹51,430 (100% margin). EBITDA was ₹51,430 (100% margin). Revenue has grown at a compounded annual rate of -65% over three years and -25% over five years.

  • ₹51,430Revenue · FY 2023
  • ₹51,430Net profit · 100% margin
  • ₹51,430EBITDA · 100% margin
  • ₹2.6 LakhPaid-up capital
  • -65%Revenue CAGR, 3 years
  • -25%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Albatross Innovations Private Limited are on its company page.

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Detailed financial statements for MealTango

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of MealTango

4 dated milestones of MealTango across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded MealTango is founded.
  2. Funding First funding round of $35K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $173K.

Competitors of MealTango

MealTango has 3 listed competitors in our database. They include DoorNo, BiteTogether and Platehopper.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
doorno.in2015Bengaluru, India
Operates an online marketplace for chef-prepared food via web and mobile platforms.
bitetogether.com2014Gurugram, India
An Airbnb-style platform for booking in-home dining experiences.
platehopper.com2015Bengaluru, India
Beta app for browsing aviation flight approaches and related tools.
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Detailed competitors of MealTango

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Services for Restaurants

3 companies that operate in the same segment as MealTango (Services for Restaurants) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Offers handmade European comfort food using organic ingredients in multiple cafés.
Delhi, Delhi, IndiaUSD 68.97 M3,138
Offers Indian sweets, snacks, ready-to-eat foods, and restaurant experiences globally.
1990Delhi, Delhi, India
Cafe services, online food ordering, and delivery operations.
2017Bengaluru, Karnataka, IndiaUSD 2.46 B3,383
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Frequently Asked Questions about MealTango

MealTango was founded in 2013.

MealTango is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

MealTango is a funded company, having raised a total of $312.48K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $34.79K, raised on Nov 2013.

The primary company behind MealTango, Albatross Innovations Private Limited, reported revenue of β‚Ή51,430 for FY 2023.

MealTango, backed by 312479.0 from Brand Capital, Arjun Nohwar, Arun Kandaswamy, Dimitris Economou, Man Tat Luk, Vipul Gautam, Devidas Desai, Bikram Chandra, Raman Bedi, Kushagra Tiwari, Nithya Shanti, Malcom Mills, Sanjay Jindal, Vaibhav Domkundwar, Anbarasu Srinivasan, Kiran Jindal, Raman Bedi, Shravan Shroff, focuses on offering hospitality services, events and catering, culinary services, and home events. Offers culinary events and services directly at peoples homes. Driving innovation, growth, and excellence in.

MealTango's top competitors include DoorNo, BiteTogether and Platehopper.

MealTango has 18 investors. Key investors include Brand Capital, Arjun Nohwar, Arun Kandaswamy, Dimitris Economou, and Man Tat Luk.

The valuation of MealTango is $3.18M as of Jan 2018.

MealTango operates through Albatross Innovations Private Limited.

The legal entities of MealTango currently have 2 directors, including Saket Khanna, Neeta Valecha.

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