Poshtick

Noida, India Founded: 2016 • Age: 10 yrs Minicorn
Healthy mid-meal snacks are provided via an online subscription platform.
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About Poshtick

Poshtick is a Retail company based in Noida (India) founded in 2016 by Bhavya Sharma. Healthy mid-meal snacks are provided via an online subscription platform. Poshtick has raised $535.72 thousand across 4 funding rounds from investors including Joydeep Bhattacharya, Vibha Chhabra and Ravi Saxena. Poshtick was last valued at $1.24 million in October 2020. Its Indian entity Hygeia Wellness Private Limited reported revenue of ₹93.5 Lakh. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Snacks and Convenience Food. Its competitors include Snackible, Natura Munch and Snackboxwala; 1 of its 3 listed competitors has raised funding.

Company details

Poshtick was established in 2016 in Noida, India, as an online platform in the health food sector. Subscription-based snack boxes are offered, containing nutritionist-approved, calorie-controlled snacks along with antioxidant-rich tea bags. Operations focus on delivering these mid-meal options to customers, with emphasis on portion control and nutritional balance. The platform serves users seeking convenient, healthy alternatives in the Indian market.

Operational Areas
Retail → Food & Grocery Retail
Key Metrics
  • Annual Revenue
    ₹93.5 Lakh

    FY 2020 · -23% YoY

  • Net Loss
    -₹28.3 Lakh

    FY 2020 · -30% margin

  • EBITDA
    -₹33.2 Lakh

    FY 2020 · -35% margin

  • Total Equity Funding
    $535.72K (USD)

    in 4 rounds

  • Latest Funding Round
    $36.76K (USD), Angel Round

    Oct 2020

Funding Insights of Poshtick

Poshtick has successfully raised a total of $535.72K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $36.76 thousand completed in October 2020. 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 $535,718
  • Total Rounds 4
  • Last Round Angel Round — $36,760
  • First Round $450,000

    (Sep 2016)

  • Investors Count 5

All 4 funding rounds of Poshtick with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2020$36,760Angel Round$1.24MJoydeep Bhattacharya
–
Jul 2019$14,499Angel Round$1.29MVibha Chhabra
–
Sep 2018$34,459Angel Round$•••••Naveer Bharadwaj
Ravi Saxena
Sep 2016$450,000Angel Round–Amit Nagar
–
Valuation history
DateValuationStage
Oct 2020$1.24M••••••••
Jul 2019$1.29M••••••••

Last known valuation $1.24M (Oct 2020). 5 investors in total: 0 institutional and 5 angel.

Investors in Poshtick

Poshtick has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Joydeep Bhattacharya, Vibha Chhabra and Ravi Saxena.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Joydeep Bhattacharya

Angel investor, ex-Sequoia Capital India partner, focused on early-stage startups
unknown_343399621bef45519

Vibha Chhabra

unknown_8bd6ed19660e4082a

Ravi Saxena

Founder of Wonderchef, active angel investor in Indian startups
unknown_3bcc027c11834e298

Naveer Bharadwaj

unknown_3de5faed046d48d1b

Amit Nagar

Angel investor and entrepreneur, founder of Wealthy.in, focused on fintech
unknown_2438788cbf1d408f8
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Investor details for Poshtick

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Board of directors of Hygeia Wellness Private Limited (Poshtick)

Hygeia Wellness Private Limited is the primary company behind Poshtick. The board of Hygeia Wellness Private Limited currently have 3 directors; the longest-serving is Kritik Thakur, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kritik Thakur
DIN 07384189
Director20 Jan 201610 yrs 9 moHygeia Wellness Private Limited
Bhavya Sharma
DIN 03508995
Director20 Jan 201610 yrs 9 moHygeia Wellness Private Limited
Amit Nagar
DIN 07464922
Director28 Mar 201610 yrs 7 moHygeia Wellness Private Limited

People of Poshtick

1 people are tracked at Poshtick (1 in leadership).

NameRoleGroup
Bhavya Sharma
Co-Founder & DirectorLeadership
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Financials of Poshtick

Figures of Hygeia Wellness Private Limited, the primary company behind Poshtick, for FY 2020. Revenue was ₹93.5 Lakh (-23% year on year). Net loss was -₹28.3 Lakh (-30% margin). EBITDA was -₹33.2 Lakh (-35% margin). Revenue has grown at a compounded annual rate of +133% over three years.

  • ₹93.5 LakhRevenue · FY 2020 · -23% YoY
  • -₹28.3 LakhNet loss · -30% margin
  • -₹33.2 LakhEBITDA · -35% margin
  • ₹1.1 LakhPaid-up capital
  • +133%Revenue CAGR, 3 years

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

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Detailed financial statements for Poshtick

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Timeline of Poshtick

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

  1. Founded Poshtick is founded.
  2. Funding First funding round of $450K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $37K.

Competitors of Poshtick

Poshtick has 3 listed competitors in our database, 1 of them funded. They include Snackible, Natura Munch and Snackboxwala.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Snackible
snackible.com2015Mumbai, India$3.99M7
Healthy baked snacks including chips, puffs, and cookies are offered.
Natura Munch
naturamunch.com2017Mumbai, India
Offers nutritious snacks via subscription plans for healthy eating and lifestyle support.
Snackboxwala
snackboxwala.com2017Mumbai, India
A subscription-based platform for ordering healthy snacks.
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Detailed competitors of Poshtick

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Top companies in Food & Grocery Retail

3 companies that operate in the same segment as Poshtick (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Swiggy
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.51 B4,488
Bigbasket
Personal and household products are delivered via an e-commerce platform.
2011Bengaluru, Karnataka, IndiaUSD 943.07 MUSD 1.17 B22,095
Blinkit
Quick-commerce platform delivering groceries, household essentials and other everyday products in India.
2013Gurugram, Haryana, IndiaUSD 757.12 M11,913
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Related news about Poshtick

#Fundingwire – Nykaa Raises Rs 82Cr at Valuation of Rs 775 Cr; Stoodnt Raises $300K & More
IamWire • 10 years ago
Health & Wellness Startup Poshtick Raises $450K From Noida Based HNI
Inc42 • 10 years ago
Poshtick raises $450,000 from two HNIs | Mint
mint • 10 years ago
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Complete news archive for Poshtick

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Frequently Asked Questions about Poshtick

Poshtick was founded in 2016.

Poshtick is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Poshtick is a funded company, having raised a total of $535.72K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $450K, raised on Sep 2016.

The primary company behind Poshtick, Hygeia Wellness Private Limited, reported revenue of ₹93.5 Lakh for FY 2020, down 23% year on year.

Poshtick was established in 2016 in Noida, India, as an online platform in the health food sector. Subscription-based snack boxes are offered, containing nutritionist-approved, calorie-controlled snacks along with antioxidant-rich tea bags. Operations focus on delivering these mid-meal options to customers, with emphasis on portion control and nutritional balance. The platform serves users seeking convenient, healthy alternatives in the Indian market.

Poshtick's top competitors include Snackible, Natura Munch and Snackboxwala.

Poshtick has 5 investors. Key investors include Joydeep Bhattacharya, Vibha Chhabra, Ravi Saxena, Naveer Bharadwaj, and Amit Nagar.

The valuation of Poshtick is $1.24M as of Oct 2020.

Poshtick operates through Hygeia Wellness Private Limited.

The legal entities of Poshtick currently have 3 directors, including Amit Nagar, Kritik Thakur, Bhavya Sharma.

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