Open Secret

Mumbai, India Founded: 2019 • Age: 7 yrs Minicorn
Healthy snacks and beverages are provided via an online platform.

About Open Secret

Open Secret is a Consumer company based in Mumbai (India) founded in 2019 by Udit Kejriwal and Ahana Gautam. Healthy snacks and beverages are provided via an online platform. It operates in the Consumer and Retail sectors. Open Secret has raised $17.47 million across 9 funding rounds from investors including Sixth Sense Ventures, Ananta Capital and Orapun Pratheeptham. The company has 142 employees. Open Secret was last valued at $26.36 million in April 2024. Its chief executive, as recorded, is Ahana Gautam. Its website opensecret.in draws about 28 thousand monthly visits. Its Indian entity Immaculatebites Private Limited reported revenue of β‚Ή87.28 Cr. Open Secret offers products and services including Baked Bhujia, Assorted Nutty Cookies, Apple Cider Vinegar, Sweet Nuts Combo, and Protein Rich Mix. Its focus areas include Food and Agriculture, Food & Beverage Products, Nutrition and Healthcare Nutrition. Its competitors include The Whole Truth Foods, Yoga Bar and True Elements; 3 of its 3 listed competitors have raised funding.

Company details

Open Secret was founded in 2019 in Mumbai, India, as an online platform in the healthy food sector. Products such as cookies, energy bars, nut mixes, and flavored drinks are offered, all made with natural ingredients like nuts, seeds, and whole grains. Operations focus on delivering nutritious options to consumers across India through e-commerce channels.

  • Headquarters Mumbai, India
  • Employees 142
  • Founders Udit Kejriwal, Ahana Gautam
  • Stage Minicorn
  • Sectors
    Consumer
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website opensecret.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Immaculatebites Private Limited
  • Date of Incorporation 11 Mar, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹87.28 Cr

    FY 2025 · +62% YoY

  • Net Loss
    -₹7.43 Cr

    FY 2025 · -9% margin

  • EBITDA
    -₹4.75 Cr

    FY 2025 · -5% margin

  • Total Equity Funding
    $17.47M (USD)

    in 9 rounds

  • Latest Funding Round
    $2.08M (USD), Debt – Conventional

    Jul 2026

  • Investors
  • Employee Count
    142

Products & Services of Open Secret

Open Secret offers a comprehensive portfolio of products and services, including Baked Bhujia, Assorted Nutty Cookies, Apple Cider Vinegar, Sweet Nuts Combo, and Protein Rich Mix.

Baked Bhujia
Snacks

Baked alternative to fried snacks with no palm oil.

Assorted Nutty Cookies
Biscuits

Healthy cookies made with nuts for guilt-free snacking.

Apple Cider Vinegar
Health Drinks

Vinegar with natural flavors for weight loss and detox.

Sweet Nuts Combo
Nuts

Assorted nuts flavored for healthy daily consumption.

Protein Rich Mix
Nutritional Supplements

High-protein blends for fitness and energy boosting.

Funding Insights of Open Secret

Open Secret has successfully raised a total of $17.47M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.08 million completed in July 2026. 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 $17.47M
  • Total Rounds 9
  • Last Round Debt – Conventional β€” $2.08M
  • First Round $1.25M

    (Jun 2019)

  • Investors Count 22

All 9 funding rounds of Open Secret with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2026$3.12MSeries C––
–
Jul 2026$2.08MDebt – Conventional––
–
Feb 2025$171,297Seed––
Sep 2024$68,999Angel Round–Orapun Pratheeptham
Jun 2024$330,843Series B–Monet Securities
Apr 2024$203,342Series B$26.36M40th Floor Capital
Jun 2022$9.96MSeries B–Ananta Capital
Jul 2021$2.36MSeries A$8.9MSixth Sense Ventures
Jun 2019$1.25MSeed$β€’β€’β€’β€’β€’Vijay Shekhar Sharma
Valuation history
DateValuationStage
Apr 2024$26.36Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$8.9Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $26.36M (Apr 2024). 22 investors in total: 9 institutional and 13 angel.

Investors in Open Secret

Open Secret has secured backing from 22 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Sixth Sense Ventures, Ananta Capital and Orapun Pratheeptham.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital funding is provided to founders.
resolute.vcSan Francisco, United States
Private equity fund focused on multiple sectors
2009anantacapital.inMumbai, India
Venture capital fund investing in consumer-focused startups in India.
2016sixthsenseventures.comMumbai, India
Venture capital firm focused on multiple sectors
Mumbai, India
Venture capital investment firm
z47.comBengaluru, India
wefoundercircle.com

Orapun Pratheeptham

unknown_cb357d54103840358

Sadashiv Nayak

unknown_59d9075f9bdc4898b
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Investor details for Open Secret

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Board of directors of Immaculatebites Private Limited (Open Secret)

Immaculatebites Private Limited is the primary company behind Open Secret. The board of Immaculatebites Private Limited currently have 4 directors; the longest-serving is Ahana Gautam, appointed in 2019. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ahana Gautam
DIN 08385484
Director11 Mar 20197 yrs 8 moImmaculatebites Private Limited
Swati Punitraj Mehra
DIN 06945366
Nominee Director03 Nov 20233 yrsImmaculatebites Private Limited
Apoorv Gautam
DIN 07541929
Director27 Sep 20242 yrs 1 moImmaculatebites Private Limited
Jinay Bharat Jain
DIN 10209686
Nominee Director20 Aug 20251 yr 2 moImmaculatebites Private Limited

People of Open Secret

12 people are tracked at Open Secret (5 in leadership, 7 in team); the tracked headcount is 142.

NameRoleGroup
Udit Kejriwal
Co-Founder & COOLeadership
Co-Founder & CEOLeadership
Pratik Gaur
Head Of ProcurementLeadership
Saurav Kumar Jha
Chief Operating OfficerLeadership
Shubham Rajput
Creative HeadLeadership
Amar Pratap Singh
Assistant Manager - Packaging Development And ProcurementTeam
Shipra Mathur
Gowth-e-commerce And Quick CommerceTeam
Cheena She/Her
Growth ManagerTeam
Urvi Mewada
Accounts Receivable ManagerTeam
Sankalp Karn
Category ExecutiveTeam
Bhavesh Bhere
Supply Chain ExecutiveTeam
Vandana Yadav
Account ManagerTeam
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Financials of Open Secret

Figures of Immaculatebites Private Limited, the primary company behind Open Secret, for FY 2025. Revenue was ₹87.28 Cr (+62% year on year). Net loss was -₹7.43 Cr (-9% margin). EBITDA was -₹4.75 Cr (-5% margin). Revenue has grown at a compounded annual rate of +87% over three years and +211% over five years.

  • ₹87.28 CrRevenue · FY 2025 · +62% YoY
  • -₹7.43 CrNet loss · -9% margin
  • -₹4.75 CrEBITDA · -5% margin
  • ₹12.6 LakhPaid-up capital
  • 142Employees (provident fund records)
  • +87%Revenue CAGR, 3 years
  • +211%Revenue CAGR, 5 years

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

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Timeline of Open Secret

4 dated milestones of Open Secret across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Open Secret is founded.
  2. Funding First funding round of $1.3M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Debt – Conventional, of $2.1M.

Competitors of Open Secret

Open Secret has 3 listed competitors in our database, 3 of them funded. They include The Whole Truth Foods, Yoga Bar and True Elements.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thewholetruthfoods.com2019Mumbai, India$37.6M241
Packaged food products are offered through an online platform.
yogabars.in2014Bengaluru, India$23.62M257
Protein-based food products are offered via an online platform.
true-elements.com2013Pune, India$3.38M580
Health snacks and supplements are manufactured and marketed.
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Detailed competitors of Open Secret

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Web traffic of Open Secret

The website of Open Secret (opensecret.in) receives about 28K visits a month.

  • Monthly visits
    28K

    ▲ 27.6% vs previous month

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Open Secret (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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Related news about Open Secret

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Frequently Asked Questions about Open Secret

Open Secret was founded in 2019.

Open Secret is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Ahana Gautam is the CEO of Open Secret, as recorded in our data. They have also founded this company.

Open Secret is a funded company, having raised a total of $17.47M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Jun 2019.

Open Secret has 142 employees.

The primary company behind Open Secret, Immaculatebites Private Limited, reported revenue of β‚Ή87.28 Cr for FY 2025, up 62% year on year.

Open Secret was founded in 2019 in Mumbai, India, as an online platform in the healthy food sector. Products such as cookies, energy bars, nut mixes, and flavored drinks are offered, all made with natural ingredients like nuts, seeds, and whole grains. Operations focus on delivering nutritious options to consumers across India through e-commerce channels.

Open Secret's top competitors include The Whole Truth Foods, Yoga Bar and True Elements.

Open Secret offers Baked Bhujia, Assorted Nutty Cookies, Apple Cider Vinegar, Sweet Nuts Combo, and Protein Rich Mix.

Open Secret has 22 investors. Key investors include Sixth Sense Ventures, Ananta Capital, Orapun Pratheeptham, Sadashiv Nayak, and Yatin Shah.

The valuation of Open Secret is $26.36M as of Apr 2024.

Open Secret operates through Immaculatebites Private Limited.

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