About O’RIGHT
O’RIGHT is a Consumer company based in Gurugram (India) founded in 2019 by Utkarsh Kapoor and Rame Kachroo. It operates as a provider of supply chain solutions for the dairy industry. It operates in the Consumer, Technology, and Agriculture sectors. O’RIGHT has raised $1.85 million across 4 funding rounds from investors including Aeravti Ventures, Loyal VC and Ronak Malla. O’RIGHT was last valued at $9.24 million in July 2022. Its chief executive is Utkarsh Kapoor. Its Indian entity Qboid Iotech Private Limited reported revenue of ₹8.22 Cr. O’RIGHT offers products and services including Silage, Loans, Insurance, and Mobile App. Its focus areas include High Tech, IoT Applications, Industry Specific and Food and Beverage. Its competitors include Khetiox, Dairykart, Animstok, DairyKhata and Livestoc and 2 more.
Company details
The company was founded in 2019 in Gurugram, India, and operates in the dairy sector. A platform is offered to connect farmers, buyers, and suppliers, while access to financial services and educational resources is facilitated for farmers. IoT-connected devices are also provided for supply chain management.
- Headquarters Gurugram, India
- Founders Utkarsh Kapoor, Rame Kachroo
- Stage Minicorn
- SectorsConsumerTechnology Agriculture
- Email••••••••
- Phone•••• ••••
- Website oright.io
- Social LinkedIn Instagram
- Legal Name Qboid Iotech Private Limited
- Date of Incorporation 15 Mar, 2019
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹8.22 Cr
FY 2024 · +245% YoY
- Net Loss-₹2.15 Cr
FY 2024 · -26% margin
- EBITDA-₹1.33 Cr
FY 2024 · -16% margin
- Total Equity Funding$1.85M (USD)
in 4 rounds
- Latest Funding Round$1M (USD), Seed
Sep 2024
- InvestorsAeravti Ventures
& 12 more
Associated legal entities of O’RIGHT
O’RIGHT operates through Qboid Iotech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Qboid Iotech Private Limited CIN U72900HR2019PTC079146 | Active | 15 Mar 2019 | Gurugram, Haryana | ₹8.2 Cr | 48 | 2 | View details |
Products & Services of O’RIGHT
O’RIGHT offers a comprehensive portfolio of products and services, including Silage, Loans, Insurance, and Mobile App.
Nutritious feed that improves cattle health and milk yield for farmers.
Financial support for farmers to enhance agricultural operations.
Protection services for farmers against risks in farming.
App for purchasing services and tracking agricultural activities.
Apps and channels of O’RIGHT
O’RIGHT publishes 1 mobile app with over 10K+ downloads.
Funding Insights of O’RIGHT
O’RIGHT has successfully raised a total of $1.85M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in September 2024. 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 $1.85M
- Total Rounds 4
- Last Round Seed — $1M
- First Round $119,100
(Dec 2020)
- Investors Count 13
All 4 funding rounds of ORIGHT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $1M | Seed | – | Aeravti Ventures | – |
| Jul 2022 | $490,306 | Seed | $9.24M | Loyal | – |
| Oct 2021 | $237,536 | Seed | $5.7M | Loyal | |
| Dec 2020 | $119,100 | Angel Round | $••••• | Atul Ramsharan Gupta, Aarati Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2022 | $9.24M | •••••••• |
| Oct 2021 | $5.7M | •••••••• |
| Dec 2020 | $••••• | •••••••• |
Full valuation and stage history of ORIGHT
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $9.24M (Jul 2022). 13 investors in total: 2 institutional and 11 angel.
Investors in O’RIGHT
O’RIGHT has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Aeravti Ventures, Loyal VC and Ronak Malla.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in deep-tech, climate-tech, and agri-tech sectors with a focus on integrated bottom line values. | – | aeravti.com | Bengaluru, India | |
A diversified evergreen venture fund is managed for accredited investors. | – | loyal.vc | Toronto, Canada | |
RM Ronak Malla | - | – | unknown_99fce76340254d16a | - |
VD Vinod Dalal | - | – | unknown_f7e21d0679f147628 | - |
AR Atul Ramsharan Gupta | - | – | unknown_2f94dafdfc1949f08 | - |
PS P S Murali Krishna Iyer | - | – | unknown_fded875881e94bc7b | - |
RK Rohit Kirola | - | – | unknown_4988179af813494aa | - |
AK Aarati Kumar | - | – | unknown_433d9517149741029 | - |
RS Ramandeep Sharma | - | – | unknown_92c0179aecdc407e9 | - |
GN Giridhar N Bhat | - | – | unknown_4a60a2f40eec427a9 | - |
Investor details for ORIGHT
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Board of directors of Qboid Iotech Private Limited (O’RIGHT)
Qboid Iotech Private Limited is the primary company behind O’RIGHT. The board of Qboid Iotech Private Limited currently have 2 directors; the longest-serving is Utkarsh Kapoor, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Utkarsh Kapoor DIN 08615033 | Director | 01 Dec 2019 | 6 yrs 10 mo | Qboid Iotech Private Limited |
| Rame Ji Kachroo DIN 08614836 | Director | 01 Dec 2019 | 6 yrs 10 mo | Qboid Iotech Private Limited |
People of O’RIGHT
2 people are tracked at O’RIGHT (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for O’RIGHT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of O’RIGHT
Figures of Qboid Iotech Private Limited, the primary company behind O’RIGHT, for FY 2024. Revenue was ₹8.22 Cr (+245% year on year). Net loss was -₹2.15 Cr (-26% margin). EBITDA was -₹1.33 Cr (-16% margin). Revenue has grown at a compounded annual rate of +177% over three years.
- ₹8.22 CrRevenue · FY 2024 · +245% YoY
- -₹2.15 CrNet loss · -26% margin
- -₹1.33 CrEBITDA · -16% margin
- ₹1.36 CrPaid-up capital
- 48Employees (provident fund records)
- +177%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Qboid Iotech Private Limited are on its company page.
Detailed financial statements for O’RIGHT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of O’RIGHT
4 dated milestones of O’RIGHT across 5 years, from founding to its latest funding, stage changes and deals.
- Founded O’RIGHT is founded.
- Funding First funding round of $119K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.0M.
Competitors of O’RIGHT
O’RIGHT has 7 listed competitors in our database. They include Khetiox, Dairykart, Animstok, DairyKhata and Livestoc, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| khetiox.in | 2022 | Nagaon, India | – | – | Livestock farmers are connected with buyers through a marketplace platform. | |
| dairykart.com | 2017 | Bhubaneswar, India | – | – | A digital marketplace specializing in dairy farm inputs for agricultural businesses. | |
| animstok.com | 2021 | Gurugram, India | – | – | Online platform for trading livestock, pets, and animal care products. | |
| dairykhata.in | 2023 | Noida, India | – | – | Provides SaaS-based software solutions for dairy manufacturers. | |
| livestoc.com | 2017 | Sahibzada Ajit Singh Nagar, India | – | – | Mobile app for livestock farm management and services. | |
| silofortune.com | 2021 | Bengaluru, India | – | – | Delivers comprehensive livestock products and solutions for cattle farmers. | |
| poshubazar.com | 2023 | Birbhum, India | – | – | Operates a digital platform for buying and selling animals securely. |
Detailed competitors of ORIGHT
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Verified entity values are shown only after access is granted.
Web traffic of O’RIGHT
The website of O’RIGHT (oright.io) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 4.2% vs previous month
Top companies in Food & Beverage Platforms
10 companies that operate in the same segment as O’RIGHT (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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Related news about O’Right
Complete news archive for ORIGHT
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Frequently Asked Questions about O’RIGHT
O’RIGHT was founded in 2019 and raised its 1st funding round 1 year after it was founded.
O’RIGHT is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Utkarsh Kapoor is the current CEO of O’RIGHT. They have also founded this company.
O’RIGHT is a funded company, having raised a total of $1.85M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $119.1K, raised on Dec 2020.
The primary company behind O’RIGHT, Qboid Iotech Private Limited, reported revenue of ₹8.22 Cr for FY 2024, up 245% year on year.
The company was founded in 2019 in Gurugram, India, and operates in the dairy sector. A platform is offered to connect farmers, buyers, and suppliers, while access to financial services and educational resources is facilitated for farmers. IoT-connected devices are also provided for supply chain management.
O’RIGHT offers Silage, Loans, Insurance, and Mobile App.
O’RIGHT has 13 investors. Key investors include Aeravti Ventures, Loyal VC, Ronak Malla, Vinod Dalal, and Atul Ramsharan Gupta.
The valuation of O’RIGHT is $9.24M as of Jul 2022.
O’RIGHT operates through Qboid Iotech Private Limited.
The legal entities of O’RIGHT currently have 2 directors, including Utkarsh Kapoor, Rame Ji Kachroo.