About Oatey
Oatey is a company based in Bengaluru (India) founded in 2021 by Ankush Jamadagni and Prashant Chauhan.. Oatey has raised $3.06 million across 6 funding rounds from investors including Ajinkya Rahane, Vaibhav Sharma and Anuj Jindal. The company has 1 employees as of April 05, 2024. Oatey offers products and services including Oat Milk, Millet Milk, and Chocolate Flavored Milk. Oatey operates in a competitive market with competitors including Life Health Foods, Better Bet, Alt Co, Oat Mlk and Pilk, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 05 Apr, 2024
- Founders Ankush Jamadagni, Prashant Chauhan
- Stage Minicorn
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Plant Essentials Private Limited
- Date of Incorporation 22 Feb, 2021
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.06 M (USD)
in 6 rounds
-
Latest Funding Round
$49.19 K (USD), Seed
Apr 25, 2025
-
Investors
& 21 more
-
Employee Count
1
as on Apr 05, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Oatey
Oatey offers a comprehensive portfolio of products and services, including Oat Milk, Millet Milk, and Chocolate Flavored Milk. 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.
Lactose-free milk alternative from oats for sustainable consumption.
Nutritious, vegan milk from millet with eco-friendly benefits.
Plant-based chocolate milk option that is hormone-free and sustainable.
Funding Insights of Oatey
Oatey has successfully raised a total of $3.06M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $49.19 thousand completed in April 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 — $49,191
- First Round First Round
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Seed - Oatey | Valuation |
investors |
|
| Nov, 2024 | Amount | Angel Round - Oatey | Valuation |
investors |
|
| Dec, 2023 | Amount | Angel Round - Oatey | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Oatey
Oatey has secured backing from 22 investors, including angel investors. Prominent investors backing the company include Ajinkya Rahane, Vaibhav Sharma and Anuj Jindal. 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 |
|---|---|---|---|---|
|
AR
Ajinkya Rahane |
-
|
Founded Year | Domain | Location |
|
VS
Vaibhav Sharma |
-
|
Founded Year | Domain | Location |
|
AJ
Anuj Jindal |
Angel investor and entrepreneur, focused on edtech and consumer startups in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Oatey
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Oatey
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Oatey Comparisons
Competitors of Oatey
Oatey 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 Life Health Foods, Better Bet, Alt Co, Oat Mlk and Pilk, 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 |
Manufacturer of packaged food products
|
|
| domain | founded_year | HQ Location |
Plant-based drink company, offering a variety of flavors like chocolate, mango, and vanilla, as a healthier dairy alternative
|
|
| domain | founded_year | HQ Location |
Plant-based dairy products are sold online by Alt Co.
|
|
| domain | founded_year | HQ Location |
Plant-based oat milk products are provided by Oat Mlk.
|
|
| domain | founded_year | HQ Location |
Internet first brand offering plant-based milk
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Oatey
When was Oatey founded?
Oatey was founded in 2021.
Where is Oatey located?
Oatey is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Oatey?
Ankush Jamadagni is the current CEO of Oatey. They have also founded this company.
Is Oatey a funded company?
Oatey is a funded company, having raised a total of $3.06M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $60.08K, raised on Jul 01, 2021.
How many employees does Oatey have?
As of Apr 05, 2024, the latest employee count at Oatey is 1.
What does Oatey do?
Oatey was founded in 2021 in Bengaluru, India, and operates in the plant-based milk sector. Oat-based milk is offered in plain and flavored options, including chocolate, kesar badam, and coffee, suitable for breakfasts, beverages, and cooking. Blogs and recipes are also provided to demonstrate product applications. The company functions primarily through online channels.
Who are the top competitors of Oatey?
Oatey's top competitors include Life Health Foods, Better Bet and Alt Co.
What products or services does Oatey offer?
Oatey offers Oat Milk, Millet Milk, and Chocolate Flavored Milk.
Who are Oatey's investors?
Oatey has 22 investors. Key investors include Ajinkya Rahane, Vaibhav Sharma, Anuj Jindal, Nishant Sharma, and Mohit Bansal.
What is Oatey's valuation?
The valuation of Oatey is $1.52M as of Apr 2025.