About NutriTap
NutriTap is a company based in Gurugram (India) founded in 2018 by Rajesh Kumar and Priyank Tewari.. NutriTap has raised $2.24 million across 4 funding rounds from investors including Venture Catalysts, LetsVenture and Z Nation Lab. The company has 36 employees as of April 06, 2024. NutriTap has completed 1 acquisition, including Pikobox. NutriTap operates in a competitive market with competitors including Daalchini, Vendekin, Vendiman, Azgo and Cherise Tapri, among others.
- Headquarter Gurugram, India
- Employees 36 as on 06 Apr, 2024
- Founders Rajesh Kumar, Priyank Tewari
- Stage Minicorn
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Sectors
RetailConsumer
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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 Nutritap Technologies Private Limited
- Date of Incorporation 20 Nov, 2017
- Jurisdiction Sector - 50, Haryana, India
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Annual Revenue
$154.09 K (USD)88.83as on Mar 31, 2022
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Net Profit
$2.98 K (USD)102.55as on Mar 31, 2022
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EBITDA
$-67.34 K (USD)6.26as on Mar 31, 2022
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Total Equity Funding
$2.24 M (USD)
in 4 rounds
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Latest Funding Round
$1.5 M (USD), Seed
May 10, 2022
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Investors
Venture Catalysts
& 39 more
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Employee Count
36
as on Apr 06, 2024
- Investments & Acquisitions
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Funding Insights of NutriTap
NutriTap has successfully raised a total of $2.24M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in May 2022. 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 4
- Last Round Seed — $1.5M
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First Round
First Round
(22 Nov 2018)
- Investors Count 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - NutriTap | Valuation | Ik Capital Advisors | |
| Oct, 2020 | Amount | Seed - NutriTap | Valuation | Krishna Mohan , Sujata Acharjee | |
| Aug, 2019 | Amount | Angel Round - NutriTap | Valuation | Vikas Anand , Sunil Magon |
| 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 NutriTap
NutriTap has secured backing from 40 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Venture Catalysts, LetsVenture and Z Nation Lab. 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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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Startup accelerator
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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 NutriTap
NutriTap has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pikobox. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Artificial intelligence-based vending machines for snacks and beverages are developed.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NutriTap
| 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 |
Nutritap Comparisons
Competitors of NutriTap
NutriTap 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 Daalchini, Vendekin, Vendiman, Azgo and Cherise Tapri, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering smart vending machine retail solutions
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| domain | founded_year | HQ Location |
Cashless vending solutions are integrated for smart product dispensing.
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| domain | founded_year | HQ Location |
Vendiman is recognized as a leading vending machine supplier in India.
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| domain | founded_year | HQ Location |
IoT-powered snack vending machines for offices
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| domain | founded_year | HQ Location |
Tea and coffee-making machines are provided via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Nutritap
Frequently Asked Questions about NutriTap
When was NutriTap founded?
NutriTap was founded in 2018.
Where is NutriTap located?
NutriTap is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of NutriTap?
Rajesh Kumar is the current CEO of NutriTap. They have also founded this company.
Is NutriTap a funded company?
NutriTap is a funded company, having raised a total of $2.24M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $153.06K, raised on Nov 22, 2018.
How many employees does NutriTap have?
As of Apr 06, 2024, the latest employee count at NutriTap is 36.
What is the annual revenue of NutriTap?
Annual revenue of NutriTap is $154.09K as on Mar 31, 2022.
What does NutriTap do?
NutriTap was established in 2018 in Gurugram, India, within the automated retail sector. Smart vending machines are offered to corporate clients, enabling access to multi-category food and beverage products. Operations focus on automated dispensing solutions tailored for workplace environments, with services encompassing machine installation and inventory management across Indian locations. The platform supports efficient, contactless retail experiences for businesses.
Who are the top competitors of NutriTap?
NutriTap's top competitors include Daalchini, Vendekin and Cherise Tapri.
How many acquisitions has NutriTap made?
NutriTap has made 1 acquisition, including Pikobox.
Who are NutriTap's investors?
NutriTap has 40 investors. Key investors include Venture Catalysts, LetsVenture, Z Nation Lab, Pinaki Infotech, and Ik Capital Advisors.
What is NutriTap's valuation?
The valuation of NutriTap is $5.85M as of Oct 2020.