About POPI
POPI is a Consumer company based in Hyderabad (India) founded in 2016 by Arun Kumar Sahlam and Prashanth K Gowriraju. A snack brand offering bold, canned crunchy snacks. It operates on a Direct-to-Consumer (D2C) model. POPI has raised $1.02 million across 3 funding rounds from investors including Kae Capital, 50k Ventures and Avia International. POPI was last valued at $2.87 million in February 2022. POPI offers products and services including POPI Snack. Its focus areas include Consumer Goods, Food & Beverage and Snacks. Its competitors include Yoga Bar, Open Secret and True Elements; 3 of its 3 listed competitors have raised funding.
Company details
POPI is recognized for producing canned snacks with intense flavors and a focus on bold branding. The company operates in the food and beverage sector, targeting younger demographics with unique packaging and recyclable materials. Solutions are centered around providing a distinctive snacking experience that combines taste with personality-driven marketing.
- Annual Revenue$1.15 M (USD)910as on Mar 31, 2024
- Net Profit-$166.32 K (USD)-309as on Mar 31, 2023
- EBITDA-$139.34 K (USD)-283as on Mar 31, 2023
- Total Equity Funding$1.02M (USD)
in 3 rounds
- Latest Funding Round$863.76K (USD), Seed
Feb 2022
- InvestorsKae Capital
& 8 more
Associated legal entities of POPI
POPI is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pada 91 Ventures Private Limited CIN U15490TG2021PTC157116 | Active | 17 Nov 2021 | Hyderabad, Telangana | ₹9.5 Cr | 2 | View details | |
| Timla Foods Private Limited CIN U15316TG2015PTC099083 | Active | 26 May 2015 | Hyderabad, Telangana | ₹3.4 Cr | 106 | 2 | View details |
Products & Services of POPI
POPI offers a comprehensive portfolio of products and services, including POPI Snack.
Canned snack with bold, spicy flavors and crunch.
Funding Insights of POPI
POPI has successfully raised a total of $1.02M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $863.76 thousand completed in February 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 $1.02M
- Total Rounds 3
- Last Round Seed — $863,759
- Investors Count 9
All 3 funding rounds of POPI 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 |
|---|---|---|---|---|---|
| Feb 2022 | $863,759 | Seed | $2.87M | 50k Ventures, Mergen IT | |
| Mar 2018 | $151,998 | Seed | – | Avia International | – |
| Dec 2016 | Seed | – | Kae Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $2.87M | •••••••• |
Last known valuation $2.87M (Feb 2022). 9 investors in total: 4 institutional and 5 angel.
Investors in POPI
POPI has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kae Capital, 50k Ventures and Avia International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investing in tech startups in India. | 2011 | kae-capital.com | Mumbai, India | |
Venture capital firm investing in tech startups | 2014 | 50kventures.com | Hyderabad, India | |
Fuels are distributed internationally by Avia International. | avia-international.com | Zurich, Switzerland | ||
Offers IT consulting, cloud solutions, software development, and implementation services. | 2014 | mergenit.com | Houston, United States | |
RC Ramesh Chandra Majithia | unknown_9b19e2677e7e40608 | |||
KG Kishore Ganji | Angel investor, entrepreneur, focused on tech startups, based in India and US. | unknown_3ec2a49e89814f399 | ||
AB Amit Bhatia | Angel investor, founder of Aspire Systems, focusing on tech startups | unknown_372a667afb674ebea | ||
SP Sudhakar Pennam | unknown_889dd736e1674437a | |||
AB Amit Bhatia | unknown_54f7688e5c114768b |
Investor details for POPI
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Board of directors of POPI
The boards of the 2 registered companies of POPI currently have 4 directors; the longest-serving is Prashant K Gowriraju, appointed in 2021. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashant K Gowriraju DIN 01941211 | Director | 17 Nov 2021 | 4 yrs 11 mo | Pada 91 Ventures Private Limited |
| Arun Kumar Sahlam DIN 05165841 | Director | 17 Nov 2021 | 4 yrs 11 mo | Pada 91 Ventures Private Limited |
| Lavanya Aramadaka DIN 09846266 | Additional Director | 05 Jan 2023 | 3 yrs 10 mo | Timla Foods Private Limited |
| Suresh Chichili DIN 09846292 | Additional Director | 05 Jan 2023 | 3 yrs 10 mo | Timla Foods Private Limited |
People of POPI
2 people are tracked at POPI (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Prashanth K Gowriraju | Co-Founder | Leadership |
Complete people profiles for POPI
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Financials of POPI
Figures of Timla Foods Private Limited, the primary company behind POPI, for FY 2020. Revenue was ₹3.35 Cr (-77% year on year). Net loss was -₹8.02 Cr (-239% margin). EBITDA was -₹5.35 Cr (-160% margin). Revenue has grown at a compounded annual rate of -15% over three years.
- ₹3.35 CrRevenue · FY 2020 · -77% YoY
- -₹8.02 CrNet loss · -239% margin
- -₹5.35 CrEBITDA · -160% margin
- ₹12.8 LakhPaid-up capital
- 106Employees (provident fund records)
- -15%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Timla Foods Private Limited are on its company page.
Detailed financial statements for POPI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of POPI
4 dated milestones of POPI across 6 years, from founding to its latest funding, stage changes and deals.
- Founded POPI is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $864K.
- Milestone Reaches Minicorn status.
Competitors of POPI
POPI has 3 listed competitors in our database, 3 of them funded. They include Yoga Bar, Open Secret and True Elements.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yogabars.in | 2014 | Bengaluru, India | $23.62M | 257 | Protein-based food products are offered via an online platform. | |
| opensecret.in | 2019 | Mumbai, India | $14.18M | 85 | Healthy snacks and beverages are provided via an online platform. | |
| true-elements.com | 2013 | Pune, India | $3.38M | 580 | Health snacks and supplements are manufactured and marketed. |
Detailed competitors of POPI
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as POPI (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 143.51 M | 2,828 |
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Related news about Popi
Complete news archive for POPI
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Frequently Asked Questions about POPI
POPI was founded in 2016.
POPI is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
POPI is a funded company, having raised a total of $1.02M across 3 funding rounds to date.
Annual revenue of POPI is $1.15M as on Mar 31, 2024.
POPI is recognized for producing canned snacks with intense flavors and a focus on bold branding. The company operates in the food and beverage sector, targeting younger demographics with unique packaging and recyclable materials. Solutions are centered around providing a distinctive snacking experience that combines taste with personality-driven marketing.
POPI's top competitors include Yoga Bar, Open Secret and True Elements.
POPI offers POPI Snack.
POPI has 9 investors. Key investors include Kae Capital, 50k Ventures, Avia International, Mergen IT, and Ramesh Chandra Majithia.
The valuation of POPI is $2.87M as of Feb 2022.
POPI is associated with 2 legal entities: Timla Foods Private Limited, Pada 91 Ventures Private Limited.
The legal entities of POPI currently have 4 directors, including Lavanya Aramadaka, Suresh Chichili, Prashant K Gowriraju and others.