About Naagin Sauce
Naagin Sauce is a company based in Mumbai (India) founded in 2018 by Arjun Rastogi, Kshitij Neelakantan, and Mikhel Rajani.. Naagin Sauce has raised $4.14 million across 6 funding rounds from investors including Angel List, 360 One and Touchstone Equities. The company has 35 employees as of April 08, 2024. Naagin Sauce offers products and services including The Original, Kantha Bomb, Smoky Bhoot, Crispy Chilli Oil, and Naagin Bundle. Naagin Sauce operates in a competitive market with competitors including Veeba, Masterchow, Him Shakti, JhaJi Store and Native Milk, among others.
- Headquarter Mumbai, India
- Employees 35 as on 08 Apr, 2024
- Founders Arjun Rastogi, Kshitij Neelakantan, Mikhel Rajani
- 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 Miksar Foods Private Limited
- Date of Incorporation 04 Jul, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$276.61 K (USD)159.39as on Mar 31, 2022
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Net Profit
$-258.81 K (USD)-53.84as on Mar 31, 2022
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EBITDA
$-250.74 K (USD)-46.07as on Mar 31, 2022
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Total Equity Funding
$4.14 M (USD)
in 6 rounds
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Latest Funding Round
$2.1 M (USD), Seed
Jun 05, 2025
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Investors
Angel List
& 16 more
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Employee Count
35
as on Apr 08, 2024
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Products & Services of Naagin Sauce
Naagin Sauce offers a comprehensive portfolio of products and services, including The Original, Kantha Bomb, Smoky Bhoot, Crispy Chilli Oil, and Naagin Bundle. 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.
Authentic Indian hot sauce made with premium chillies for versatile use.
Spicy sauce featuring Indian flavors for enhanced meal experiences.
Smoky-flavored hot sauce using local ingredients for daily cooking.
Oil-based condiment adding crunch and heat to dishes.
Collection of sauces for variety in home kitchens.
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Funding Insights of Naagin Sauce
Naagin Sauce has successfully raised a total of $4.14M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.1 million completed in June 2025. 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 — $2.1M
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First Round
First Round
(26 Aug 2019)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Seed - Naagin Sauce | Valuation | 360 One | |
| Mar, 2024 | Amount | Seed - Naagin Sauce | Valuation |
investors |
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| May, 2023 | Amount | Seed - Naagin Sauce | Valuation | 8i Ventures |
| 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 Naagin Sauce
Naagin Sauce has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, 360 One and Touchstone Equities. 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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Investments are directed toward early-stage consumer and fintech startups.
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Founded Year | Domain | Location | |
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VC firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Online brokerage services for residential properties are provided.
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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 Naagin Sauce
| 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 - Naagin Sauce
| 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 |
Naagin Sauce Comparisons
Competitors of Naagin Sauce
Naagin Sauce 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 Veeba, Masterchow, Him Shakti, JhaJi Store and Native Milk, 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 |
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| domain | founded_year | HQ Location |
Internet first brand of sauces, dips, and other condiment products
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| domain | founded_year | HQ Location |
Multi-category sauces are offered by this internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand of rice, millets, salt, and spices
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| domain | founded_year | HQ Location |
Homemade achars and chutneys are sold via an online platform.
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| domain | founded_year | HQ Location |
A2 milk and dairy products are delivered via subscription model.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Naagin Sauce
Frequently Asked Questions about Naagin Sauce
When was Naagin Sauce founded?
Naagin Sauce was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Naagin Sauce located?
Naagin Sauce is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Naagin Sauce a funded company?
Naagin Sauce is a funded company, having raised a total of $4.14M across 6 funding rounds to date. The company's 1st funding round was a Seed of $562.39K, raised on Aug 26, 2019.
How many employees does Naagin Sauce have?
As of Apr 08, 2024, the latest employee count at Naagin Sauce is 35.
What is the annual revenue of Naagin Sauce?
Annual revenue of Naagin Sauce is $276.61K as on Mar 31, 2022.
What does Naagin Sauce do?
Naagin Sauce was founded in 2018 in Mumbai, India, within the food manufacturing sector. Indian-style hot sauces and spice blends are produced, incorporating locally sourced fresh ingredients with all products maintained as vegan. Operations encompass a range of hot sauce varieties, chilli oils, spice essentials, and pantry staples. Authentic Indian flavors are emphasized through high-quality ingredient selection, serving diverse culinary needs.
Who are the top competitors of Naagin Sauce?
Naagin Sauce's top competitors include Veeba, Troovy and Masterchow.
What products or services does Naagin Sauce offer?
Naagin Sauce offers The Original, Kantha Bomb, Smoky Bhoot, Crispy Chilli Oil, and Naagin Bundle.
Who are Naagin Sauce's investors?
Naagin Sauce has 17 investors. Key investors include Angel List, 360 One, Touchstone Equities, 8i Ventures, and RS Estates.
What is Naagin Sauce's valuation?
The valuation of Naagin Sauce is $5.19M as of Mar 2024.