About Potful
Potful is a company based in Bengaluru (India) founded in 2017 by Lokesh Krishnan.. Potful has raised $2.32 million across 4 funding rounds from investors including MTR Foods. The company has 181 employees as of March 27, 2024. Potful operates in a competitive market with competitors including Curefoods, Rebel Foods, Biryani By Kilo, FreshMenu and Charcoal Eats, among others.
- Headquarter Bengaluru, India
- Employees 181 as on 27 Mar, 2024
- Founders Lokesh Krishnan
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pot Ful India Private Limited
- Date of Incorporation 31 May, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$4.17 M (USD)58.62as on Mar 31, 2023
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Net Profit
$-643.1 K (USD)-35.13as on Mar 31, 2023
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EBITDA
$-280.25 K (USD)-11.49as on Mar 31, 2023
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Total Equity Funding
$2.32 M (USD)
in 4 rounds
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Latest Funding Round
$582.92 K (USD), Seed
Mar 28, 2025
- Investors
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Employee Count
181
as on Mar 27, 2024
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Funding Insights of Potful
Potful has successfully raised a total of $2.32M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $582.92 thousand completed in March 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 4
- Last Round Seed — $582,920
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First Round
First Round
(27 Dec 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Potful | Valuation |
investors |
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| Dec, 2022 | Amount | Seed - Potful | Valuation | MTR Foods |
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| Jul, 2019 | Amount | Seed - Potful | Valuation | MTR Foods |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Potful
Potful has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MTR Foods. 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 |
|---|---|---|---|---|
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Authentic Indian food products are offered by MTR Foods.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Potful
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Potful
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Potful Comparisons
Competitors of Potful
Potful 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 Curefoods, Rebel Foods, Biryani By Kilo, FreshMenu and Charcoal Eats, 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 |
Cloud kitchens are operated and food brands are incubated technologically.
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| domain | founded_year | HQ Location |
Multi-category food products are offered via an internet restaurant platform.
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| domain | founded_year | HQ Location |
Internet first restaurant offering on demand food delivery for consumers
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| domain | founded_year | HQ Location |
On-demand meals are delivered via an online platform.
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| domain | founded_year | HQ Location |
Cloud-based restaurant services are operated via mobile app in Mumbai.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Potful
Frequently Asked Questions about Potful
When was Potful founded?
Potful was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Potful located?
Potful is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Potful?
Lokesh Krishnan is the current CEO of Potful. They have also founded this company.
Is Potful a funded company?
Potful is a funded company, having raised a total of $2.32M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.18M, raised on Dec 27, 2018.
How many employees does Potful have?
As of Mar 27, 2024, the latest employee count at Potful is 181.
What is the annual revenue of Potful?
Annual revenue of Potful is $4.17M as on Mar 31, 2023.
What does Potful do?
Potful was founded in 2017 in Bengaluru, India, as an internet-first restaurant in the food delivery sector. A variety of items including biryanis, kebabs, curries, rotis, rolls, beverages, meals, and desserts are offered through its website or partnered delivery platforms. Live videos of food preparation are streamed, and ingredients along with recipes for biryanis are shared. A mobile application is available on Android and iOS for user access.
Who are the top competitors of Potful?
Potful's top competitors include Curefoods, Rebel Foods and Biryani By Kilo.
Who are Potful's investors?
Potful has 1 investor. Key investors include MTR Foods.
What is Potful's valuation?
The valuation of Potful is $15.01M as of Dec 2022.
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