About MeraKisan Daily
MeraKisan Daily is a Retail company based in Pune (India) founded in 2014 by Prashanth Patil. Multi-category grocery supplies are provided via an online platform. MeraKisan Daily has raised $53.68 thousand across 1 funding round from investors including Ajinkya Rahane. The company has 1 employees. MeraKisan Daily was last valued at $7.69 million in March 2020. Its chief executive, as recorded, is Prashanth Patil. Its Indian entity Merakisan Private Limited reported revenue of ₹5.52 Cr. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its competitors include Conscious Foods, Natureland Organics and Organic India; 2 of its 3 listed competitors have raised funding.
Company details
An online platform for multi-category grocery supplies was established in 2014 in Pune, India. Fruits and vegetables, rice, pulses, lentils, wheat, daliya, millets, flours, rava, breakfast items, cereals, salt, and sweeteners are included in the offerings. Mobile applications for Android and iOS are provided to support user access and operations within the e-commerce sector.
- Headquarters Pune, India
- Employees 1
- Founders Prashanth Patil
- Stage Minicorn
- SectorsRetail
- Website merakisandaily.com
- Social LinkedIn X
- Legal Name Merakisan Private Limited
- Date of Incorporation 13 Jul, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹5.52 Cr
FY 2022 · -42% YoY
- Net Profit₹1.5 Lakh
FY 2022 · 0% margin
- EBITDA₹23.3 Lakh
FY 2022 · 4% margin
- Total Equity Funding$53.68K (USD)
in 1 rounds
- Latest Funding Round$53.68K (USD), Angel Round
Mar 2020
- Employee Count1
Associated legal entities of MeraKisan Daily
MeraKisan Daily operates through Merakisan Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Merakisan Private Limited CIN U51909MH2016PTC283578 | Active | 13 Jul 2016 | Mumbai, Maharashtra | ₹5.5 Cr | 1 | 2 | View details |
Funding Insights of MeraKisan Daily
MeraKisan Daily has successfully raised a total of $53.68K through 1 strategic funding round. The most recent funding activity was a Angel Round of $53.68 thousand completed in March 2020. 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 $53,682
- Total Rounds 1
- Last Round Angel Round — $53,682
- First Round $53,682
(Mar 2020)
- Investors Count 1
All 1 funding rounds of MeraKisan Daily 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 |
|---|---|---|---|---|---|
| Mar 2020 | $53,682 | Angel Round | $7.69M | Ajinkya Rahane | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2020 | $7.69M | •••••••• |
Last known valuation $7.69M (Mar 2020). 1 investors in total: 0 institutional and 1 angel.
Investors in MeraKisan Daily
MeraKisan Daily has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ajinkya Rahane.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AR Ajinkya Rahane | unknown_48f88d8804a04cf7a |
Investor details for MeraKisan Daily
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Board of directors of Merakisan Private Limited (MeraKisan Daily)
Merakisan Private Limited is the primary company behind MeraKisan Daily. The board of Merakisan Private Limited currently have 2 directors; the longest-serving is Prashanth Patil, appointed in 2016. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashanth Patil DIN 07560367 | Director | 28 Sep 2016 | 10 yrs 1 mo | Merakisan Private Limited |
| Sudhakar DIN 07560228 | Director | 08 Sep 2022 | 4 yrs 1 mo | Merakisan Private Limited |
People of MeraKisan Daily
1 people are tracked at MeraKisan Daily (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for MeraKisan Daily
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Financials of MeraKisan Daily
Figures of Merakisan Private Limited, the primary company behind MeraKisan Daily, for FY 2022. Revenue was ₹5.52 Cr (-42% year on year). Net profit was ₹1.5 Lakh (0% margin). EBITDA was ₹23.3 Lakh (4% margin). Revenue has grown at a compounded annual rate of -5% over three years and +31% over five years.
- ₹5.52 CrRevenue · FY 2022 · -42% YoY
- ₹1.5 LakhNet profit · 0% margin
- ₹23.3 LakhEBITDA · 4% margin
- ₹12.67 CrPaid-up capital
- 1Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Merakisan Private Limited are on its company page.
Detailed financial statements for MeraKisan Daily
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Timeline of MeraKisan Daily
3 dated milestones of MeraKisan Daily across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MeraKisan Daily is founded.
- Funding First funding round of $54K.
- Milestone Reaches Minicorn status.
Competitors of MeraKisan Daily
MeraKisan Daily has 3 listed competitors in our database, 2 of them funded. They include Conscious Foods, Natureland Organics and Organic India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consciousfood.com | 1990 | Mumbai, India | $2.57M | 152 | Organic packaged foods are offered via an internet-first brand. | |
| naturelandorganics.com | 2014 | Sri Ganganagar, India | $1.26M | 49 | Organic pulses, oil seeds, and grains are produced and supplied. | |
| organicindia.com | 1997 | Delhi, India | 342 | Organic tea and herbal supplements are produced and marketed globally. |
Detailed competitors of MeraKisan Daily
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as MeraKisan Daily (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Quick-commerce platform delivering groceries, household essentials and other everyday products in India. | 2013 | Gurugram, Haryana, India | USD 757.12 M | 11,913 |
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Related news about Merakisan Daily
Complete news archive for MeraKisan Daily
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Frequently Asked Questions about MeraKisan Daily
MeraKisan Daily was founded in 2014 and raised its 1st funding round 6 years after it was founded.
MeraKisan Daily is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Prashanth Patil is the CEO of MeraKisan Daily, as recorded in our data. They have also founded this company.
MeraKisan Daily is a funded company, having raised a total of $53.68K across 1 funding round to date. The company's 1st funding round was a Angel Round of $53.68K, raised on Mar 2020.
MeraKisan Daily has 1 employees.
The primary company behind MeraKisan Daily, Merakisan Private Limited, reported revenue of ₹5.52 Cr for FY 2022, down 42% year on year.
An online platform for multi-category grocery supplies was established in 2014 in Pune, India. Fruits and vegetables, rice, pulses, lentils, wheat, daliya, millets, flours, rava, breakfast items, cereals, salt, and sweeteners are included in the offerings. Mobile applications for Android and iOS are provided to support user access and operations within the e-commerce sector.
MeraKisan Daily's top competitors include Conscious Foods, Organic India and Natureland Organics.
MeraKisan Daily has 1 investor. Key investors include Ajinkya Rahane.
The valuation of MeraKisan Daily is $7.69M as of Mar 2020.
MeraKisan Daily operates through Merakisan Private Limited.
The legal entities of MeraKisan Daily currently have 2 directors, including Prashanth Patil, Sudhakar.