Mygreens

Delhi, India Founded: 2003 • Age: 23 yrs Minicorn
Operates an online platform for subscription-based private label cold-pressed juices.

About Mygreens

Mygreens was a Retail company based in Delhi (India) founded in 2003 by Anurag Mishra and Rohan Gupta. It operates an online platform for subscription-based private label cold-pressed juices. It operates on a B2C model. Mygreens has raised $636.37 thousand across 2 funding rounds from investors including NCube, Sidharth Rozario and Varun Jain. The company has 24 employees. Mygreens has completed 1 acquisition, including JusDivine. Mygreens was last valued at $2.05 million in May 2017. Its Indian entity Good Health Essentials Private Limited reported revenue of β‚Ή3.5 Lakh. The company is recorded as dissolved. Its focus areas include Food and Beverage, Beverages, Juice Production and Online Subscription. Its competitors include The Fresh Press, JusDivine and Satvaras; 2 of its 3 listed competitors have raised funding.

Company details

Mygreens, based in Delhi, focuses on food and beverage, producing beverages, juice production, and online subscription. Operates an online platform for subscription-based private label cold-pressed juices. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Key Metrics
  • Annual Revenue
    ₹3.5 Lakh

    FY 2020 · -95% YoY

  • Net Loss
    -₹6.4 Lakh

    FY 2020 · -185% margin

  • EBITDA
    -₹6 Lakh

    FY 2020 · -173% margin

  • Total Equity Funding
    $636.37K (USD)

    in 2 rounds

  • Latest Funding Round
    $357.2K (USD), Seed

    May 2017

  • Investors
    NCube

    & 34 more

  • Employee Count
    24
  • Investments & Acquisitions

Funding Insights of Mygreens

Mygreens has successfully raised a total of $636.37K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $357.2 thousand completed in May 2017. 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 $636,371
  • Total Rounds 2
  • Last Round Seed β€” $357,198
  • First Round $279,173

    (Jan 2017)

  • Investors Count 35

All 2 funding rounds of Mygreens with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$357,198Seed$2.05MSidharth Rozario, Varun Jain
Jan 2017$279,173Angel Round$1.53MRadhika Sharma
Valuation history
DateValuationStage
May 2017$2.05Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2017$1.53Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.05M (May 2017). 35 investors in total: 1 institutional and 34 angel.

Investors in Mygreens

Mygreens has secured backing from 35 investors, including institutional and angel investors. Prominent investors backing the company include NCube, Sidharth Rozario and Varun Jain.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Provides staff augmentation and outsourcing for software development teams worldwide.
2008ncube.comKyiv, Ukraine

Sidharth Rozario

unknown_edb0305c2dde4a0ab

Varun Jain

Co-founder of Miles Education, active angel investor in edtech and fintech.
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Samir Evan Jain

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Sanjay Rastogi

Angel investor and entrepreneur with focus on tech startups in India.
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Aankur Gupta

unknown_db203419f20f41b7b

Chetan Bhangdia

unknown_e113f9ab0a0a48f7b

Subir Mehra

unknown_7291e5d84d224717a

Bharat Chadha

unknown_dd27edac35df48f9b

Tanuj Khosla

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Investor details for Mygreens

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Board of directors of Good Health Essentials Private Limited (Mygreens)

Good Health Essentials Private Limited is the primary company behind Mygreens. The board of Good Health Essentials Private Limited currently have 2 directors; the longest-serving is Anurag Mishra, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Anurag Mishra
DIN 03639551
Director11 Mar 201511 yrs 7 moGood Health Essentials Private Limited
Rohan Gupta
DIN 03639817
Director11 Mar 201511 yrs 7 moGood Health Essentials Private Limited

People of Mygreens

2 people are tracked at Mygreens (2 in leadership); the tracked headcount is 24.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of Mygreens

Figures of Good Health Essentials Private Limited, the primary company behind Mygreens, for FY 2020. Revenue was ₹3.5 Lakh (-95% year on year). Net loss was -₹6.4 Lakh (-185% margin). EBITDA was -₹6 Lakh (-173% margin). Revenue has grown at a compounded annual rate of -67% over three years.

  • ₹3.5 LakhRevenue · FY 2020 · -95% YoY
  • -₹6.4 LakhNet loss · -185% margin
  • -₹6 LakhEBITDA · -173% margin
  • ₹1.7 LakhPaid-up capital
  • 24Employees (provident fund records)
  • -67%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Good Health Essentials Private Limited are on its company page.

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Detailed financial statements for Mygreens

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Investments & Acquisitions by Mygreens

Mygreens has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include JusDivine.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cold pressed juices are manufactured and doorstep-delivered in Mumbai.
jusdivine.comMumbai, India2014Mar 2017$3M
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Timeline of Mygreens

5 dated milestones of Mygreens across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mygreens is founded.
  2. Funding First funding round of $279K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires JusDivine.
  5. Funding Latest funding round, Seed, of $357K.

Competitors of Mygreens

Mygreens has 3 listed competitors in our database, 2 of them funded. They include The Fresh Press, JusDivine and Satvaras.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thefreshpress.in2018Mumbai, India$240,03823
Cold-pressed juices and natural fruit-based products are offered.
jusdivine.com2014Mumbai, India$439,706
Cold pressed juices are manufactured and doorstep-delivered in Mumbai.
satvaras.com2017Ahmedabad, India7
Cold pressed juices are manufactured and delivered via subscriptions daily.
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Detailed competitors of Mygreens

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Verified entity values are shown only after access is granted.

Top companies in Subscription & Video Commerce

2 companies that operate in the same segment as Mygreens (Subscription & Video Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Social commerce platform for users to discover and share recommendations
2016Bengaluru, Karnataka, IndiaUSD 65.91 MUSD 693.59 K15
Makeup, skincare, and personal care products are retailed online.
2017Bengaluru, Karnataka, IndiaUSD 5.35 MUSD 994.46 K76
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Related news about Mygreens

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Frequently Asked Questions about Mygreens

Mygreens was founded in 2003 and raised its 1st funding round 14 years after it was founded.

Mygreens is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Mygreens is a funded company, having raised a total of $636.37K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $279.17K, raised on Jan 2017.

Mygreens has 24 employees.

The primary company behind Mygreens, Good Health Essentials Private Limited, reported revenue of β‚Ή3.5 Lakh for FY 2020, down 95% year on year.

Mygreens, based in Delhi, focuses on food and beverage, producing beverages, juice production, and online subscription. Operates an online platform for subscription-based private label cold-pressed juices. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Mygreens's top competitors include The Fresh Press, Satvaras and JusDivine.

Mygreens has made 1 acquisition, including JusDivine.

Mygreens has 35 investors. Key investors include NCube, Sidharth Rozario, Varun Jain, Samir Evan Jain, and Sanjay Rastogi.

The valuation of Mygreens is $2.05M as of May 2017.

Mygreens operates through Good Health Essentials Private Limited.

The legal entities of Mygreens currently have 2 directors, including Anurag Mishra, Rohan Gupta.

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