Nutrifresh

Pune, India Founded: 2019 • Age: 7 yrs Minicorn
Hydroponically-grown produce is supplied via controlled environment agriculture.

About Nutrifresh

Nutrifresh is an Agriculture company based in Pune (India) founded in 2019 by Sanket Mehta and Ganesh Nikam. Hydroponically-grown produce is supplied via controlled environment agriculture. Nutrifresh has raised $5 million across 3 funding rounds from investors including Neev Fund, Green Frontier Capital and Invest India Securities. The company has 315 employees. Nutrifresh was last valued at $35.47 million in August 2023. Its chief executive, as recorded, is Sanket Mehta. Its website nutrifresh.co.in draws about 12 thousand monthly visits. Its Indian entity Nutrifresh Farm Tech India Private Limited reported revenue of β‚Ή150 Cr. Its focus areas include Food and Agriculture Tech, Crop Tech, Indoor Farming and Hydroponics. Its competitors include Eeki, LandCraft Retail and Simply Fresh; 3 of its 3 listed competitors have raised funding.

Company details

Nutrifresh was established in 2019 in Pune, India, within the agriculture sector. Sustainable hydroponic methods are applied to cultivate pesticide-free, non-GMO fruits and vegetables. Controlled environments are maintained to optimize growth and reduce resource use. High-quality produce is distributed to consumers, with operations centered on innovative farming practices in the region.

  • Headquarters Pune, India
  • Employees 315
  • Founders Sanket Mehta, Ganesh Nikam
  • Stage Minicorn
  • Sectors
    Agriculture
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website nutrifresh.co.in
  • Social LinkedIn Facebook
  • Legal Name Nutrifresh Farm Tech India Private Limited
  • Date of Incorporation 24 Dec, 2019
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹150 Cr

    FY 2025

  • Net Profit
    ₹13.86 Cr

    FY 2025 · 9% margin

  • EBITDA
    ₹25.23 Cr

    FY 2025 · 17% margin

  • Total Equity Funding
    $5M (USD)

    in 3 rounds

  • Investors
    Neev Fund

    & 41 more

  • Employee Count
    315

Funding Insights of Nutrifresh

Nutrifresh has successfully raised a total of $5M across 3 strategic funding rounds. 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 $5M
  • Total Rounds 3
  • Investors Count 42

All 3 funding rounds of Nutrifresh with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2023Seed$35.47MNeev Fund
–
Mar 2022$5MSeed$12.8MFlorintree Sports Advisory, Hydroponics
Jun 2021Seed––
Valuation history
DateValuationStage
Aug 2023$35.47Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2022$12.8Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $35.47M (Aug 2023). 42 investors in total: 10 institutional and 32 angel.

Investors in Nutrifresh

Nutrifresh has secured backing from 42 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Neev Fund, Green Frontier Capital and Invest India Securities.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity fund focused on multiple sectors
2015neevfund.comMumbai, India
Venture capital firm investing in sustainable finance and climate tech industries.
2021greenfrontiercapital.comNew York, United States
Multiple sectors are invested in by the private equity firm.
investindiasecurities.tcc.modeMumbai, India
Multiple sectors are invested in by Harvesp Tavan Trust.
harvesptavantrust.tcc.modeMumbai, India
Venture capital firm investing in early-stage startups
fashutannatrust.tcc.mode
Venture capital fund investing in early-stage foodtech startups
florintreesportsadvisory.tcc.modeMumbai, India
hydroponics.tcc.mode
valour.capital
viaanshcommercials.tcc.mode
firozgartrust.tcc.mode
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Investor details for Nutrifresh

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Board of directors of Nutrifresh Farm Tech India Private Limited (Nutrifresh)

Nutrifresh Farm Tech India Private Limited is the primary company behind Nutrifresh. The board of Nutrifresh Farm Tech India Private Limited currently have 5 directors; the longest-serving is Ganesh Nikam Sambhaji, appointed in 2019. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ganesh Nikam Sambhaji
DIN 07470556
Whole-time director24 Dec 20196 yrs 10 moNutrifresh Farm Tech India Private Limited
Sanket Jayesh Mehta
DIN 07453108
Whole-time director24 Dec 20196 yrs 10 moNutrifresh Farm Tech India Private Limited
Mathew Cyriac
DIN 01903606
Nominee Director20 Sep 20233 yrs 1 moNutrifresh Farm Tech India Private Limited
Suken Kirit Shah
DIN 06669563
Nominee Director20 Sep 20233 yrs 1 moNutrifresh Farm Tech India Private Limited
Akshay Kumar Panth
DIN 06580835
Nominee Director27 Sep 20242 yrsNutrifresh Farm Tech India Private Limited

People of Nutrifresh

2 people are tracked at Nutrifresh (2 in leadership); the tracked headcount is 315.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & CFOLeadership
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Financials of Nutrifresh

Figures of Nutrifresh Farm Tech India Private Limited, the primary company behind Nutrifresh, for FY 2025. Revenue was ₹150 Cr. Net profit was ₹13.86 Cr (9% margin). EBITDA was ₹25.23 Cr (17% margin).

  • ₹150 CrRevenue · FY 2025
  • ₹13.86 CrNet profit · 9% margin
  • ₹25.23 CrEBITDA · 17% margin
  • ₹10.06 CrPaid-up capital
  • 315Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Nutrifresh Farm Tech India Private Limited are on its company page.

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Detailed financial statements for Nutrifresh

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Timeline of Nutrifresh

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

  1. Founded Nutrifresh is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.

Competitors of Nutrifresh

Nutrifresh has 3 listed competitors in our database, 3 of them funded. They include Eeki, LandCraft Retail and Simply Fresh.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
eeki.com2018Kota, India$21.94M384
Provider of hydroponics-based farming solutions
landcraftretail.com2023Kolhapur, India$5.1M165
Tech-based solutions for indoor farming and resource management are provided.
simplyfresh.co.in2013Hyderabad, India$22.75M97
Hydroponically grown produce is cultivated using advanced technologies.
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Detailed competitors of Nutrifresh

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Web traffic of Nutrifresh

The website of Nutrifresh (nutrifresh.co.in) receives about 12.2K visits a month.

  • Monthly visits
    12.2K

    ▲ 31.6% vs previous month

Similar websites

Websites whose visitors overlap most with Nutrifresh. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
myfarmwala.com
myfarmwala.com
100%
–
onlyhydroponics.in
89%
3.9K#4,741,002View details
jgbcfarms.com
82%
#9,225,581View details

Top companies in Crop Tech & Equipment

3 companies that operate in the same segment as Nutrifresh (Crop Tech & Equipment) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Manufacturer and distributor of irrigation equipment
1963Jalgaon, Maharashtra, IndiaUSD 679.04 M12,280
AgroStar is engaged in providing agricultural products and solutions.
2013Pune, Maharashtra, IndiaUSD 208.82 MUSD 31.86 M1,249
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Related news about Nutrifresh

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Complete news archive for Nutrifresh

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Frequently Asked Questions about Nutrifresh

Nutrifresh was founded in 2019 and raised its 1st funding round 2 years after it was founded.

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

Sanket Mehta is the CEO of Nutrifresh, as recorded in our data. They have also founded this company.

Nutrifresh is a funded company, having raised a total of $5M across 3 funding rounds to date.

Nutrifresh has 315 employees.

The primary company behind Nutrifresh, Nutrifresh Farm Tech India Private Limited, reported revenue of β‚Ή150 Cr for FY 2025.

Nutrifresh was established in 2019 in Pune, India, within the agriculture sector. Sustainable hydroponic methods are applied to cultivate pesticide-free, non-GMO fruits and vegetables. Controlled environments are maintained to optimize growth and reduce resource use. High-quality produce is distributed to consumers, with operations centered on innovative farming practices in the region.

Nutrifresh's top competitors include Eeki, LandCraft Retail and Simply Fresh.

Nutrifresh has 42 investors. Key investors include Neev Fund, Green Frontier Capital, Invest India Securities, Viaansh Commercials, and Josef Georg.

The valuation of Nutrifresh is $35.47M as of Aug 2023.

Nutrifresh operates through Nutrifresh Farm Tech India Private Limited.

The legal entities of Nutrifresh currently have 6 directors, including Mathew Cyriac, Ganesh Nikam Sambhaji, Sanket Jayesh Mehta and others.

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